NOT LISTED FOR SALE

Gramercy On the Park 555 Laurel Ave Unit 311 San Mateo, CA 94401

Downtown San Mateo Neighborhood

Estimated Value: $865,000 - $918,000

1 Bed
2 Baths
1,095 Sq Ft
$1,000/mo HOA Fee

Last Sold May 27, 2021

Last sale price $850,000 $776 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $6,886/month

47 Days on Market

Highlights

  • Private Pool
  • City Lights View
  • Electric Gate
  • Borel Middle School Rated A-
  • Subterranean Parking
  • 2-minute walk to San Mateo Central Park

About This Home

As of May 2021

Bright, beautiful 3rd floor unit in one of the most sought after buildings, The Gramercy! Spacious floorplan features one large bedroom, two full bathrooms, in-unit laundry, galley style kitchen with stainless steel appliances, breakfast nook and a grand living room, dining room combination with floor to ceiling sliding glass doors overlooking the greenbelt of Central Park and sunny western vistas. Deeded one-car parking and storage included. The Gramercy offers 24 hour door security, resort style amenities including luxury atrium indoor heated pool, spa, sauna, exercise facilities and rooftop patio. Spectacular location in the heart of downtown San Mateo's restaurants, shops, recreation and public transportation with close proximity commute routes and SFO. Must See! Don't miss!

Last Listed By

Patty Dwyer Group

Compass License #70010007 Listed on: 03/22/2021

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,734

Year Built

  • 1980

Lot Details

  • 2.12

HOA Fees

  • $1,000 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Electric Gate

Property Views

  • City Lights
  • Mountain
  • Park or Greenbelt

Home Design

  • Flat Roof Shape
  • Reinforced Concrete Foundation
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,095 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Additional Features

  • Private Pool
  • Forced Air Heating and Cooling System

Community Details

Overview

  • Association fees include cable / dish, common area electricity, common area gas, door person, exterior painting, garbage, insurance - common area, landscaping / gardening, maintenance - common area, maintenance - exterior, management fee, pool spa or tennis, recreation facility, reserves, roof, water / sewer
  • Gramercy On The Park Association

Security

  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,734

Year Built

1980

Lot Details

0

HOA Fees

$1,000 per month

Parking

1

Listing Details

  • Zoning: R6000D
  • Subclass: Condominium
  • Age: 41
  • Listing Class: Residential
  • Structure Sq Ft: 1095
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1980

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room
  • Dining Room: Dining Area In Living Room
  • Fireplace: Yes
  • Living Sq Ft: 1095
  • Stories: 1
  • Security: Controlled / Secured Access
  • Maximum Numberof Bedrooms: 1
  • Minimum Numberof Bedrooms: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 1

Exterior Features

  • Foundation: Concrete Perimeter And Slab, Reinforced Concrete
  • Pool Description: Yes
  • Roof: Flat / Low Pitch
  • View: City Lights, Greenbelt, Mountains, Park

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Electric Gate, Underground Parking

Utilities

  • Cooling System: Central Ac
  • Heating System: Forced Air
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • Complex Name: Gramercy on the Park
  • HOA Fees: 1000
  • HOA Documents: Articles Of Incorporation, Bylaws, Cc&rs, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Cable / Dish, Common Area Electricity, Common Area Gas, Door Person, Exterior Painting, Garbage, Insurance - Common Area, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Management Fee, Pool, Spa, Or Tennis, Recreation Facility, Reserves, Roof, Water / Sewer
  • HOA Exist: Yes
  • H O A Name Text: Gramercy on the Park

Schools

  • School District: San Mateo Union High

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2021
Closed on
May 25, 2021
Sold by
Cooper Christopher S
Bought by
Hu Wenwen Zhou
Seller's Agent
Patty Dwyer Group
Compass
Buyer's Agent
Joy Li
KW Advisors
List Price
$900,000
Sold Price
$850,000
Premium/Discount to List
-$50,000
-5.56%
Total Days on Market
47
Current Estimated Value
$895,793

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,793
Avg. Annual Appreciation
0.89%

Purchase Details

Closed on
May 7, 2013
Sold by
Bosley Barbara J
Bought by
Cooper Christopher S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 1996
Sold by
Barbara Bosley
Bought by
Bosley Barbara J

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hu Wenwen Zhou $850,000 Lawyers Title Company
Cooper Christopher S $540,000 North American Title Co Inc
Bosley Barbara J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cooper Christopher S $300,000
Previous Owner Bosley Barbara J $300,000
Previous Owner Bosley Barbara J $408,000
Previous Owner Bosley Barbara J $169,900
Previous Owner Bosley Barbara J $43,000
Previous Owner Bosley Barbara J $183,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2021 05/27/21 Sold $850,000 -2.9% $776 / Sq Ft
05/09/2021 05/09/21 Pending -- -- --
05/05/2021 05/05/21 Price Changed $875,000 -2.8% $799 / Sq Ft
03/22/2021 03/22/21 For Sale $900,000 -- $822 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $10,734 $800,000 $240,000 $560,000
2022 $11,507 $867,000 $260,100 $606,900
2021 $8,547 $614,323 $184,295 $430,028
2020 $8,121 $608,025 $182,406 $425,619
2019 $8,029 $596,104 $178,830 $417,274
2018 $7,371 $584,417 $175,324 $409,093
2017 $7,089 $572,959 $171,887 $401,072
2016 $7,018 $561,725 $168,517 $393,208
2015 $6,879 $553,288 $165,986 $387,302
2014 $6,731 $542,451 $162,735 $379,716
Source: Public Records

Agents Affiliated with this Home

  • Patty Dwyer Group

    Seller's Agent in 2021

    Patty Dwyer Group

    Compass

    (650) 931-2035

    2 in this area

    282 Total Sales

    Patty Dwyer Group
    Section Image
  • Joy Li

    Buyer's Agent in 2021

    Joy Li

    KW Advisors

    (650) 922-3259

    1 in this area

    8 Total Sales

    Section Image
See All Agents

About Gramercy On the Park

Map

Source: MLSListings

MLS Number: ML81835314

MLSListings

APN: 109-190-200

California San Mateo County San Mateo 94401 Downtown San Mateo

555 Laurel Ave Unit 311, San Mateo, CA

Homes for Sale in San Mateo, CA

This home is located at 555 Laurel Ave Unit 311, San Mateo, CA 94401 since 22 March 2021 and is currently estimated at $895,793, approximately $818 per square foot. This property was built in 1980. 555 Laurel Ave Unit 311 is a home located in San Mateo County with nearby schools including Sunnybrae Elementary School, Borel Middle School, and Aragon High School.

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