NOT LISTED FOR SALE

Gramercy On the Park 555 Laurel Ave Unit 314 San Mateo, CA 94401

Downtown San Mateo Neighborhood

Estimated Value: $888,000 - $988,000

1 Bed
2 Baths
1,299 Sq Ft
2.12 Acre Lot

Sale Details

Date Sold: September 2, 2025

Last sale price $910,000 $701 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $5,893 / mo

35 Days on Market

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 2025

Experience 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.

Last Agent to Sell the Property

Emma Elfving

Compass License #01870848 Listed on: 07/17/2025

Compass

Co-Listed By

Erik Elfving

Compass License #01874451

Last Buyer's Agent

Jim Arbeed

Coldwell Banker Realty License #01060476

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1980

Lot Details

  • 2.12

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

Property Details

Home Type

Condominium

Year Built

Built in 1980

Lot Details

2.12 Acres

Parking

1

Listing Details

  • Subclass: Condominium
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 144
  • Structure Sq Ft: 1299
  • Complex Name: Gramercy on the Park
  • Year Built: 1980
  • Zoning Description: R6000D
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room
  • Dining Room: Dining Area, Dining Area in Living Room
  • Kitchen: Cooktop - Electric, Dishwasher, Exhaust Fan, Garbage Disposal, Oven - Built-In, Oven - Electric
  • Living Sq Ft: 1299
  • Stories: 1
  • Security: Controlled / Secured Access
  • Bedrooms: Primary Suite / Retreat
  • Laundry: Dryer, Inside, Washer, Washer / Dryer
  • Flooring: Tile, Wood
  • Additional Rooms: Solarium
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Bathroom: Double Sinks, Shower over Tub - 1, Stall Shower, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Pool - Heated, Pool - In Ground
  • View: City Lights, Neighborhood, Park
  • Yard/Grounds: Balcony / Patio
  • Pool: Yes

Garage/Parking

  • Garage Spaces: 1
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air, Electric, Heat Pump
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 1481
  • HOA Amenities: Community Pool, Door Person, Elevator, Gym / Exercise Facility, Sauna / Spa / Hot Tub, Trash Chute
  • HOA Documents: Articles of Incorporation, Budget, Bylaws, CC&RS, Financial Statement, Rules & Regulations
  • 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
  • H O A Name Text: Gramercy on the Park Homeowners Associat
  • H O A Exist: Yes

Lot Info

  • Parcel Number: 109-190-230

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: San Mateo Union High

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2025
Closed on
Aug 28, 2025
Sold by
Bought by
Seller's Agent
Emma Elfving
Compass
Buyer's Agent
Jim Arbeed
Coldwell Banker Realty
List Price
$995,000
Sold Price
$910,000
Premium/Discount to List
-$85,000
-8.54%
Views
19
Current Estimated Value
$931,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,262
Avg. Annual Appreciation
2.93%

Purchase Details

Closed on
Jun 21, 2013
Sold by
Bought by

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
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 13, 2007
Sold by
Bought by

Purchase Details

Closed on
Jun 16, 2006
Sold by
Bought by

Purchase Details

Closed on
Jun 5, 2006
Sold by
Bought by

Purchase Details

Closed on
Apr 26, 2006
Sold by
Bought by

Purchase Details

Closed on
Sep 22, 2004
Sold by
Bought by

Purchase Details

Closed on
Jul 19, 1995
Sold by
Bought by

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
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$910,000 Lawyers Title Company
-- Fidelity National Title Co
-- Fidelity National Title Co
-- None Available
$577,000 Stewart Title Of California
-- Stewart Title Of California
-- None Available
-- --
$250,000 Old Republic Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $385,000
Previous Owner $187,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

    84 Total Sales

    Emma Elfving
    Section Image
  • Erik Elfving

    Seller Co-Listing Agent in 2025

    Erik Elfving

    Compass

    (650) 773-5836

    1 in this area

    33 Total Sales

    Erik Elfving
    Section Image
  • Jim Arbeed

    Buyer's Agent in 2025

    Jim Arbeed

    Coldwell Banker Realty

    (650) 430-7653

    2 in this area

    77 Total Sales

    Jim Arbeed
    Section Image
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About Gramercy On the Park

Map

Source: MLSListings

MLS Number: ML82014986

MLSListings

APN: 109-190-230

California San Mateo County San Mateo 94401 Downtown San Mateo

555 Laurel Ave Unit 314, San Mateo, CA

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