NOT LISTED FOR SALE

Gramercy On the Park 555 Laurel Ave Unit 503 San Mateo, CA 94401

Downtown San Mateo Neighborhood

Estimated Value: $1,282,000 - $1,388,112

2 Beds
2 Baths
1,786 Sq Ft
2.12 Acres Lot

Sale Details

Date Sold: March 31, 2023

Last sale price $1,356,000 $759 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $8,762 / mo

Highlights

  • Private Pool
  • Forced Air Heating and Cooling System
  • 2-minute walk to San Mateo Central Park
  • Borel Middle School Rated A-
  • Dining Area

About This Home

As of March 2023

This home is located at 555 Laurel Ave Unit 503, San Mateo, CA 94401 since 31 March 2023 and is currently estimated at $1,340,278, approximately $750 per square foot. This property was built in 1980. 555 Laurel Ave Unit 503 is a home located in San Mateo County with nearby schools including Sunnybrae Elementary School, Borel Middle School, and Aragon High School.

Last Agent to Sell the Property

Thomas Werbe

MW Properties, Inc. License #01482688 Listed on: 03/31/2023

Last Buyer's Agent

Lin Storer

Compass License #00939287

Compass

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1980

Lot Details

  • 2.12

Parking

  • 1 Car Garage
  • Assigned Parking

Interior Spaces

  • 1,786 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Dining Area

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Private Pool
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 109-200-330

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include exterior painting, garbage, insurance, maintenance - common area, reserves, roof, security service, water / sewer
  • Gramercy On The Park Association

Recreation

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built

Built in 1980

Lot Details

2.12 Acres

Parking

1

Listing Details

  • Subclass: Condominium
  • Restrictions: Pets - Allowed
  • Listing Class: Residential
  • Structure Sq Ft: 1786
  • Year Built: 1980
  • Zoning Description: R6000D
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Fireplace: Family Room
  • Dining Room: Dining Area
  • Living Sq Ft: 1786
  • Stories: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: Yes

Exterior Features

  • Pool Description: Community Facility
  • Pool: Yes

Garage/Parking

  • Garage Spaces: 1
  • Garage Parking Features: Assigned Spaces

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 1393
  • Association Fees Include: Exterior Painting, Garbage, Insurance, Maintenance - Common Area, Reserves, Roof, Security Service, Water / Sewer
  • H O A Name Text: Gramercy on the Park
  • H O A Exist: Yes

Lot Info

  • Parcel Number: 109-200-330

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: San Mateo Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 2023
Sold by
Survanshi Satish and Survanshi Shalini
Bought by
Satish Survanshi And Shalini Survanshi 2023 R and Survanshi
Current Estimated Value
$1,371,155

Purchase Details

Listed on
Mar 31, 2023
Closed on
Mar 21, 2023
Sold by
John And Kathleen Parkin 1996 Revocable and Parkin John
Bought by
Sonia Survanshi Trust and Mcfarland
Seller's Agent
Thomas Werbe
MW Properties, Inc.
Buyer's Agent
Lin Storer
Compass
Sold Price
$1,356,000
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.38%

Purchase Details

Closed on
Mar 22, 2022
Sold by
Thomas And Jennifer Werbe Revocable Trus
Bought by
John And Kathleen Parkin 1996 Revocable Trust

Purchase Details

Closed on
Aug 12, 2019
Sold by
Werbe Thomas A and Werbe Jennifer
Bought by
Werbe Thomas A and Werbe Jennifer

Purchase Details

Closed on
Feb 10, 2005
Sold by
Lautsch Karen Buckley
Bought by
Werbe Thomas and Werbe Jennifer

Purchase Details

Closed on
Oct 31, 2003
Sold by
Wolfson Morton K and Wolfson John E
Bought by
Buckley Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 5, 1999
Sold by
Wolfson Morton K & Pauline Revocable Tr and Morton K
Bought by
Wolfson Morton K and Wolfson John E
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
Satish Survanshi And Shalini Survanshi 2023 R -- None Listed On Document
Sonia Survanshi Trust $1,356,000 Lawyers Title Company
John And Kathleen Parkin 1996 Revocable Trust $1,425,000 Old Republic Title
Werbe Thomas A -- None Available
Werbe Thomas A -- None Available
Werbe Thomas $750,000 Alliance Title Company
Buckley Ruth $675,000 First American Title Co
Wolfson Morton K -- --
Wolfson Morton K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Buckley Ruth $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2023 04/03/23 Pending -- -- --
03/31/2023 03/31/23 Sold $1,356,000 -- $759 / 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 $17,302 $1,410,781 $423,234 $987,547
2023 $17,302 $1,356,000 $406,800 $949,200
2022 $12,850 $985,121 $295,531 $689,590
2021 $12,569 $965,806 $289,737 $676,069
2020 $12,014 $955,904 $286,767 $669,137
2019 $11,834 $937,162 $281,145 $656,017
2018 $11,113 $918,787 $275,633 $643,154
2017 $10,792 $900,773 $270,229 $630,544
2016 $10,649 $883,112 $264,931 $618,181
2015 $10,430 $869,848 $260,952 $608,896
2014 $10,194 $852,810 $255,841 $596,969
Source: Public Records

Agents Affiliated with this Home

  • Thomas Werbe

    Seller's Agent in 2023

    Thomas Werbe

    MW Properties, Inc.

    (650) 207-9168

    5 in this area

    19 Total Sales

    Thomas Werbe
    Section Image
  • Lin Storer

    Buyer's Agent in 2023

    Lin Storer

    Compass

    (650) 291-1862

    3 in this area

    75 Total Sales

    Lin Storer
    Section Image
See All Agents

About Gramercy On the Park

Map

Source: MLSListings

MLS Number: ML81923491

MLSListings

APN: 109-200-330

California San Mateo County San Mateo 94401 Downtown San Mateo

555 Laurel Ave Unit 503, San Mateo, CA

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