NOT LISTED FOR SALE

Gramercy On the Park 555 Laurel Ave Unit 608 San Mateo, CA 94401

Downtown San Mateo Neighborhood

Estimated Value: $2,093,000 - $2,489,744

3 Beds
3.5 Baths
2,893 Sq Ft
2.12 Acre Lot

Sale Details

Date Sold: May 14, 2021

Last sale price $2,400,000 $830 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $14,309 / mo

27 Days on Market

Highlights

  • Private Pool
  • Primary Bedroom Suite
  • Marble Bathroom Countertops
  • Borel Middle School Rated A-
  • Soaking Tub in Primary Bathroom
  • 2-minute walk to San Mateo Central Park

About This Home

As of May 2021

Ultimate luxury living can be yours in the heart of downtown San Mateo! This prestigious 3 bedroom, 3 bath penthouse is located in the Gramercy on The Park across the street from Central Park. Whether moving up or downsizing, this unit is downtown living at its best! Located on the rarely available top floor, this unit features 3 bedrooms, 3 full baths, a large kitchen with stainless steel appliances, ample kitchen storage space, a formal dining room, and an expansive outdoor space with views of the hills and the San Francisco skyline. This community has exceptional amenities, starting with an incredible heated pool that extends from one end of the central courtyard to the other. It also includes a well-equipped fitness room, a 24-hour staffed entrance, garage parking for 2 cars, and many other amenities. With great restaurants, speciality groceries, shopping, transportation, and parks all nearby, you'll be just a short stroll from everything the city of San Mateo has to offer.

Last Agent to Sell the Property

Haneen Hayder

Compass License #01899807 Listed on: 03/19/2021

Compass

Property Details

Home Type

  • Condominium

Year Built

  • 1980

Lot Details

  • 2.12

Parking

  • 2 Car Garage
  • Secured Garage or Parking
  • Assigned Parking

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,893 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Skylights in Kitchen
  • Formal Dining Room
  • Washer and Dryer

Kitchen

  • Double Oven
  • Range Hood
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Marble Bathroom Countertops
  • Soaking Tub in Primary Bathroom
  • Bathtub with Shower
  • Oversized Bathtub in Primary Bathroom

Pool

  • Private Pool

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • 220 Volts

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include cable / dish, common area electricity, door person, exterior painting, garbage, insurance - common area, insurance - structure, landscaping / gardening, maintenance - common area, maintenance - exterior, maintenance - unit yard, management fee, pool spa or tennis, reserves, roof, sewer, water, water / sewer
  • The Gramercy On The Park Association
  • Rental Restrictions

Security

  • Controlled Access

Property Details

Home Type

Condominium

Year Built

1980

Lot Details

2.12 Acres

Parking

2

Listing Details

  • Zoning: R6000D
  • Subclass: Condominium
  • Restrictions: Park Rental Restrictions
  • Listing Class: Residential
  • Structure Sq Ft: 2893
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1980

Interior Features

  • Dining Room: Formal Dining Room
  • Kitchen: 220 Volt Outlet, Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Microwave, Oven - Double, Refrigerator, Skylight
  • Living Sq Ft: 2893
  • Stories: 1
  • Security: Controlled / Secured Access, Secured Garage / Parking, Security Building
  • Bedrooms: Primary Suite / Retreat, Walk-In Closet
  • Laundry: Washer / Dryer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Marble, Primary - Oversized Tub, Primary - Sunken Tub, Oversized Tub, Shower And Tub, Tub

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Yes
  • Roof: Composition
  • Pool: Community Facility

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Assigned Spaces

Utilities

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

Condo/Co-op/Association

  • Complex Name: The Gramercy on the Park
  • HOA Fees: 1470
  • HOA Documents: Articles Of Incorporation, Budget, Bylaws, Cc&rs, Financial Statement, Minutes, Reserve Study, Rules & Regulations
  • Association Fees Include: Cable / Dish, Common Area Electricity, Door Person, Exterior Painting, Garbage, Insurance - Common Area, Insurance - Structure, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Maintenance - Unit Yard, Management Fee, Pool, Spa, Or Tennis, Reserves, Roof, Sewer, Water, Water / Sewer
  • HOA Exist: Yes
  • H O A Name Text: The gramercy on the Park

Association/Amenities

  • Amenities Miscellaneous: Skylight, Walk-In Closet, Wet Bar

Multi Family

  • Utilities: Public Utilities

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
Mar 19, 2021
Closed on
May 12, 2021
Sold by
Bought by
Seller's Agent
Haneen Hayder
Compass
List Price
$2,500,000
Sold Price
$2,400,000
Premium/Discount to List
-$100,000
-4%
Current Estimated Value
$2,239,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$160,752
Avg. Annual Appreciation
-1.32%

Purchase Details

Closed on
Sep 5, 2019
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
$2,000,000
Interest Rate
0.037%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
$2,400,000 Old Republic Title
$2,750,000 First American 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 $2,000,000
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
05/14/2021 05/14/21 Sold $2,400,000 -4.0% $830 / Sq Ft
04/16/2021 04/16/21 Pending -- -- --
03/19/2021 03/19/21 For Sale $2,500,000 -- $864 / 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 $25,297 $2,100,000 $629,500 $1,470,500
2023 $25,297 $1,800,000 $540,000 $1,260,000
2022 $29,403 $2,448,000 $734,400 $1,713,600
2021 $33,313 $2,778,490 $833,547 $1,944,943
2020 $32,092 $2,750,000 $825,000 $1,925,000
2019 $9,775 $752,572 $150,502 $602,070
2018 $9,088 $737,816 $147,551 $590,265
2017 $8,788 $723,350 $144,658 $578,692
2016 $8,683 $709,168 $141,822 $567,346
2015 $8,430 $698,516 $139,692 $558,824
2014 $8,242 $684,834 $136,956 $547,878
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2021

    Haneen Hayder

    Compass

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About Gramercy On the Park

Map

Source: MLSListings

MLS Number: ML81834992

MLSListings

APN: 109-210-080

California San Mateo County San Mateo 94401 Downtown San Mateo

555 Laurel Ave Unit 608, San Mateo, CA

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