Gramercy On the Park 555 Laurel Ave Unit 314 San Mateo, CA 94401
Downtown San Mateo Neighborhood
1
Bed
2
Baths
1,299
Sq Ft
2.12
Acres
Highlights
- Doorman
- Fitness Center
- Primary Bedroom Suite
- Borel Middle School Rated A-
- Heated In Ground Pool
- 2-minute walk to San Mateo Central Park
About This Home
As of September 2025Experience refined living in one of the most coveted locations in downtown: Gramercy on the Park, directly overlooking beautiful Central Park. This spacious, thoughtfully designed residence offers a seamless floor plan and breathtaking park views that create a true sense of serenity and connection to nature. Extensively remodeled in 2017, the home features elegant hardwood flooring, designer finishes, and a masterfully updated eat-in kitchen. The open dining area is perfect for both daily living and effortless entertaining. The sophisticated living room boasts a stunning stone fireplace and a wall of floor-to-ceiling glass doors that open to a vibrant patio, your own private retreat. The expansive primary suite includes an oversized window with park views, a walk-in closet, and a beautifully appointed en-suite bath. This secure building is complete with on-site management and a door person, plus top-tier amenities including a lush indoor-outdoor courtyard, heated pool, hot tub, sauna, and fitness center. Additional conveniences include in-unit laundry room, dedicated storage, and garage parking. Enjoy unbeatable access to downtown shopping, dining, and top medical facilitiesa rare opportunity to own luxury, lifestyle, and location in one of San Mateos most desirable communities.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $10,352
Year Built
- Built in 1980
Parking
- 1 Car Attached Garage
Property Views
- City Lights
- Park or Greenbelt
- Neighborhood
Home Design
- Slab Foundation
Interior Spaces
- 1,299 Sq Ft Home
- 1-Story Property
- Living Room with Fireplace
- Combination Dining and Living Room
- Solarium
Kitchen
- Built-In Oven
- Electric Oven
- Electric Cooktop
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 1 Bedroom
- Primary Bedroom Suite
- Remodeled Bathroom
- 2 Full Bathrooms
- Dual Sinks
- Bathtub with Shower
- Walk-in Shower
Laundry
- Laundry in unit
- Washer and Dryer
Outdoor Features
- Heated In Ground Pool
Utilities
- Forced Air Heating and Cooling System
- Heat Pump System
- Vented Exhaust Fan
Listing and Financial Details
- Assessor Parcel Number 109-190-230
Community Details
Overview
- Property has a Home Owners Association
- Association fees include common area electricity, door person, exterior painting, garbage, insurance - common area, landscaping / gardening, maintenance - common area, maintenance - exterior, management fee, pool spa or tennis, roof, security service, water / sewer
- 144 Units
- Gramercy On The Park Homeowners Associat Association
- Built by Gramercy on the Park
Amenities
- Doorman
- Sauna
- Trash Chute
- Elevator
Recreation
Security
- Controlled Access
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 21, 2013
Sold by
Kennedy Kenneth David and Kennedy Cathleen Ann
Bought by
Kennedy Cathleen Ann and Kennedy Kenneth David
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Outstanding Balance
$271,195
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$710,739
Purchase Details
Closed on
Jun 13, 2007
Sold by
Kennedy Kenneth D and Kennedy Cathleen A
Bought by
Kennedy Cathleen Ann and Kennedy Kenneth David
Purchase Details
Closed on
Jun 16, 2006
Sold by
Obrien John T
Bought by
Kennedy Kenneth D and Kennedy Cathleen A
Purchase Details
Closed on
Jun 5, 2006
Sold by
Ferrari Gina L
Bought by
Obrien John T
Purchase Details
Closed on
Apr 26, 2006
Sold by
Obrien Alice B
Bought by
Obrien John T
Purchase Details
Closed on
Sep 22, 2004
Sold by
Obrien Alice
Bought by
Obrien Alice
Purchase Details
Closed on
Jul 19, 1995
Sold by
Walker Laurence N
Bought by
Obrien John and Obrien Alice
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
10.5%
Mortgage Type
Purchase Money Mortgage
Similar Homes in San Mateo, CA
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Fidelity National Title Co | |
| Interfamily Deed Transfer | -- | Fidelity National Title Co | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $577,000 | Stewart Title Of California | |
| Interfamily Deed Transfer | -- | Stewart Title Of California | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | $250,000 | Old Republic Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $385,000 | New Conventional | |
| Previous Owner | $187,500 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/02/2025 09/02/25 | Sold | $910,000 | -8.5% | $701 / Sq Ft |
| 08/22/2025 08/22/25 | Pending | -- | -- | -- |
| 07/17/2025 07/17/25 | For Sale | $995,000 | -- | $766 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2025 | $10,352 | $788,499 | $236,546 | $551,953 |
| 2023 | $10,352 | $757,882 | $227,361 | $530,521 |
| 2022 | $10,018 | $743,022 | $222,903 | $520,119 |
| 2021 | $9,773 | $728,454 | $218,533 | $509,921 |
| 2020 | $9,307 | $720,986 | $216,293 | $504,693 |
| 2019 | $9,186 | $706,850 | $212,052 | $494,798 |
| 2018 | $8,508 | $692,992 | $207,895 | $485,097 |
| 2017 | $8,212 | $679,405 | $203,819 | $475,586 |
| 2016 | $8,118 | $666,084 | $199,823 | $466,261 |
| 2015 | $7,953 | $656,080 | $196,822 | $459,258 |
| 2014 | $7,407 | $610,000 | $182,500 | $427,500 |
Source: Public Records
Agents Affiliated with this Home
-
Emma Elfving
Seller's Agent in 2025
Emma Elfving
Compass
(650) 773-5115
1 in this area
75 Total Sales
-
Erik Elfving
Seller Co-Listing Agent in 2025
Erik Elfving
Compass
(650) 773-5836
1 in this area
32 Total Sales
-
Jim Arbeed
Buyer's Agent in 2025
Jim Arbeed
Coldwell Banker Realty
(650) 430-7653
3 in this area
84 Total Sales
About Gramercy On the Park
Map
Source: MLSListings
MLS Number: ML82014986
APN: 109-190-230
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