NOT LISTED FOR SALE

Gramercy On the Park 555 Laurel Ave Unit 413 San Mateo, CA 94401

Downtown San Mateo Neighborhood

Estimated Value: $967,000 - $1,193,338

2 Beds
2 Baths
1,529 Sq Ft
$1,287/ mo HOA Fee

Last Sold September 07, 2022

Last sale price $1,165,000 $762 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $8,407/month

74 Days on Market

Highlights

  • Private Pool
  • Mountain View
  • Formal Dining Room
  • Borel Middle School Rated A-
  • Wood Flooring
  • 2-minute walk to San Mateo Central Park

About This Home

As of September 2022

Great price improvement! Welcome to the Gramercy on the Park. This 2 Bedroom, 2 Bathroom unit boasts 1529 sq ft of completely updated features including hardwood floors, fresh paint,stone counters, Stainless Steel appliances, new washer and dryer and Hunter Douglas remote control window treatments covering sprawling windows over looking the park allowing for desired privacy or to bring the outdoor in at the touch of a button. Gramercy on the Park is in the heart of San Mateo and boasts an an indoor swimming pool with retractable roof, fitness center, spa, steam room, community room,underground parking garage, 24-hour security and doorman. Close proximity to downtown San Mateo known for food, theaters, cafes, boutiques and transportation.

Last Agent to Sell the Property

Michael McLean

Coldwell Banker Realty License #02033574 Listed on: 06/02/2022

Coldwell Banker Realty

Co-Listed By

Maureen McLean

Coldwell Banker Realty License #01371453

Last Buyer's Agent

Jose Dos Ramos

Berkshire Hathaway HomeServices DrysdaleProperties License #00924019

Berkshire Hathaway HomeServices DrysdaleProperties

Property Details

Home Type

  • Condominium

Year Built

  • 1980

Lot Details

  • 2.12

HOA Fees

  • $1,287 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Property Views

  • Park or Greenbelt

Interior Spaces

  • 1,529 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Separate Family Room
  • Formal Dining Room

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Pool

  • Private Pool

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Individual Gas Meter

Community Details

  • Association fees include exterior painting, maintenance - common area, maintenance - exterior, pool spa or tennis, roof
  • The Gramercy HOA

Property Details

Home Type

Condominium

Year Built

1980

Lot Details

2.12 Acres

HOA Fees

$1,287 per month

Parking

1

Listing Details

  • Zoning: R6000D
  • Subclass: Condominium
  • Listing Class: Residential
  • Structure Sq Ft: 1529
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1980

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Burning
  • Dining Room: Formal Dining Room
  • Fireplace: Yes
  • Living Sq Ft: 1529
  • Stories: 1
  • Flooring: Carpet, Hardwood
  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Pool Description: Yes
  • View: Mountains, Park
  • Pool: Community Facility, Pool - Indoor, Steam Room Or Sauna

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Complex Name: The Gramercy
  • HOA Fees: 1287
  • HOA Documents: Bylaws, Cc&rs
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Exterior Painting, Maintenance - Common Area, Maintenance - Exterior, Pool, Spa, Or Tennis, Roof
  • HOA Exist: Yes
  • H O A Name Text: The Gramercy HOA

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2022
Closed on
Aug 29, 2022
Sold by
Thomas Family Trust
Bought by
Abrams Jacob and Chen Helen
Seller's Agent
Michael McLean
Coldwell Banker Realty
Buyer's Agent
Jose Dos Ramos
Berkshire Hathaway HomeServices DrysdaleProperties
List Price
$1,398,888
Sold Price
$1,165,000
Premium/Discount to List
-$233,888
-16.72%
Views
3
Current Estimated Value
$1,104,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$60,665
Avg. Annual Appreciation
-1.50%

Purchase Details

Listed on
Feb 24, 2015
Closed on
Mar 2, 2015
Sold by
Goodman David and Goodman Mary
Bought by
Thomas Arline S
Seller's Agent
Chris Eckert
KW Advisors
Buyer's Agent
Dee Edmonds
Coldwell Banker Realty
List Price
$975,000
Sold Price
$1,105,000
Premium/Discount to List
$130,000
13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.71%

Purchase Details

Listed on
Feb 7, 2012
Closed on
Dec 22, 2011
Sold by
Singer Barbara Mae
Bought by
Goodman David and Goodman Mary
Seller's Agent
Sylvia Merkadeau
Coldwell Banker Realty
Buyer's Agent
Steve Quattrone
Compass
List Price
$818,000
Sold Price
$800,000
Premium/Discount to List
-$18,000
-2.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.83%
Original Mortgage
$510,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 23, 2001
Sold by
Sinton Alta Lin
Bought by
Singer Barbara Mae

Purchase Details

Closed on
Oct 18, 1996
Sold by
Darabian Davood
Bought by
Sinton Alta Lin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 14, 1994
Sold by
Sinton Alta L
Bought by
Sinton Alta Lin
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

Date Buyer Sale Price Title Company
Abrams Jacob $1,165,000 Orange Coast Title
Thomas Arline S $1,105,000 Old Republic Title Company
Goodman David $800,000 Cornerstone Title Company
Singer Barbara Mae $594,000 Fidelity National Title Co
Sinton Alta Lin -- North American Title Co
Sinton Alta Lin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Goodman David $510,000
Previous Owner Sinton Alta Lin $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/07/2022 09/07/22 Sold $1,165,000 -2.9% $762 / Sq Ft
08/16/2022 08/16/22 Pending -- -- --
08/12/2022 08/12/22 Price Changed $1,200,000 -5.9% $785 / Sq Ft
06/27/2022 06/27/22 Price Changed $1,275,000 -8.9% $834 / Sq Ft
06/02/2022 06/02/22 For Sale $1,398,888 +26.6% $915 / Sq Ft
04/01/2015 04/01/15 Sold $1,105,000 +13.3% $723 / Sq Ft View Prior Sale
03/10/2015 03/10/15 Pending -- -- --
02/24/2015 02/24/15 For Sale $975,000 +21.9% $638 / Sq Ft
02/10/2012 02/10/12 Sold $800,000 -2.2% $523 / Sq Ft View Prior Sale
02/08/2012 02/08/12 Pending -- -- --
02/07/2012 02/07/12 For Sale $818,000 -- $535 / Sq Ft
Source: MLSListings

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 $15,108 $1,212,065 $363,619 $848,446
2023 $15,108 $1,165,000 $349,500 $815,500
2022 $3,615 $179,924 $96,028 $83,896
2021 $3,455 $176,397 $94,146 $82,251
2020 $3,192 $174,589 $93,181 $81,408
2019 $3,209 $171,166 $91,354 $79,812
2018 $2,632 $167,811 $89,563 $78,248
2017 $2,397 $164,521 $87,807 $76,714
2016 $2,414 $161,296 $86,086 $75,210
2015 $8,064 $665,971 $355,188 $310,783
2014 $7,589 $652,927 $348,231 $304,696
Source: Public Records

Agents Affiliated with this Home

  • Michael McLean

    Seller's Agent in 2022

    Michael McLean

    Coldwell Banker Realty

    (650) 240-6566

    1 in this area

    50 Total Sales

    Michael McLean
    Section Image
  • Maureen McLean

    Seller Co-Listing Agent in 2022

    Maureen McLean

    Coldwell Banker Realty

    (650) 307-3077

    1 in this area

    71 Total Sales

    Maureen McLean
    Section Image
  • Jose Dos Ramos

    Buyer's Agent in 2022

    Jose Dos Ramos

    BHHS Drysdale

    (650) 393-5108

    1 in this area

    24 Total Sales

    Jose Dos Ramos
    Section Image
  • Chris Eckert

    Seller's Agent in 2015

    Chris Eckert

    KW Advisors

    (650) 627-3799

    12 in this area

    112 Total Sales

    Chris Eckert
    Section Image

  • D

    Buyer's Agent in 2015

    Dee Edmonds

    Coldwell Banker Realty

  • S

    Seller's Agent in 2012

    Sylvia Merkadeau

    Coldwell Banker Realty

See All Agents

About Gramercy On the Park

Map

Source: MLSListings

MLS Number: ML81894559

MLSListings

APN: 109-200-130

California San Mateo County San Mateo 94401 Downtown San Mateo

555 Laurel Ave Unit 413, San Mateo, CA

Not Listed for Sale

Condos

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