NOT LISTED FOR SALE

602 Somerset Ln Foster City, CA 94404

Sea Colony Neighborhood

Estimated Value: $2,724,681 - $2,970,000

3 Beds
2 Baths
2,340 Sq Ft
$1,217/Sq Ft Est. Value

Last Sold April 16, 2013

Last sale price $1,300,000 $556 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $16,476/month

19 Days on Market

Highlights

  • In Ground Pool
  • Primary Bedroom Suite
  • Wood Flooring
  • Foster City Elementary School Rated A
  • Contemporary Architecture
  • 2-minute walk to Gateshead Park

About This Home

As of April 2013

3BR/2BA, 2340+/-SF, REMODELED LIKE NEW!, HIGH CEILINGS, LOFT CAN BE MADE INTO EXTRA BEDROOM/BATH, GOURMET KITCHEN, LEVEL CUL-DE-SAC LOT IN ONE OF MOST SOUGHT AFTER LOCATIONS IN FOSTER CITY, SEA COLONY. ASSOCIATION HAS POOL, TENNIS COURT AND SPA.

Last Agent to Sell the Property

Stanley Lo

Green Banker Realty License #00874415 Listed on: 02/07/2013

Last Buyer's Agent

Lily Hsu

Compass License #01467090

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,812

Year Built

  • Built in 1979

Lot Details

  • Level Lot
  • Zoning described as R100

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,340 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Formal Entry
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Breakfast Room
  • Loft
  • Storage Room
  • Neighborhood Views

Kitchen

  • Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Pool

  • In Ground Pool
  • Gas Heated Pool
  • Outdoor Pool

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 094-882-080

Community Details

Overview

  • Property has a Home Owners Association

Recreation

  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,812

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Contemporary
  • Sale Price Per Sq Ft: 555.56
  • Listing Class: Residential
  • Structure Sq Ft: 2340
  • Incorporated: Yes
  • Map Book Page: 749
  • Map Side Coordinate: 5
  • Map Top Coordinate: G
  • Thomas Bros Page: 749
  • Thomas Brothers: G5
  • Year Built: 1979
  • Zoning Description: R100
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Wood Burning, Gas Log, Yes
  • Dining Room: Dining Area in Living Room, Breakfast Room
  • Kitchen: Dishwasher, Cooktop, Garbage Disposal
  • Living Sq Ft: 2340
  • Stories: 1
  • Bedrooms: Primary Suite / Retreat
  • Laundry: In Laundry Room, 220 Volt Outlet
  • Flooring: Carpet - Wall to Wall, Hardwood
  • Additional Rooms: Formal Entry, Loft, Storage
  • Maximum Bathrooms: 2
  • Minimum Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Pool Description: Spa - Community Facility, In Ground Concrete, Community Facility, Heated - Gas, Pool - Yes
  • Roof: Composition
  • View: Local/Neighborhood
  • Yard/Grounds: Patio(s)
  • Pool: Yes

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Forced Air, Gas
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Condo/Co-op/Association

  • HOA Fees: 145
  • H O A Exist: Yes

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 094-882-080
  • Lot Location: Cul-de-Sac
  • List Price per Sq Ft: 555.13
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6200.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 6200.00
  • Lot Size Area Min Search: 6200.00
  • Maximum Lot Size: 6200.00
  • Map Book: Thomas Bros

Multi Family

  • Maximum Building Height: 1
  • Minimum Building Height: 1

MLS Schools

  • High School District Text: San Mateo Union High
  • Middle School Text: Bowditch Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 27, 2020
Sold by
Yao Mingdong and Li Yan
Bought by
Yao Mingdong and Li Yan
Current Estimated Value
$2,848,170

Purchase Details

Listed on
Feb 7, 2013
Closed on
Mar 28, 2013
Sold by
Yong Cashin K and Liu Chao
Bought by
Yao Mingdong and Li Yan
Seller's Agent
Stanley Lo
Green Banker Realty
Buyer's Agent
Lily Hsu
Compass
List Price
$1,299,000
Sold Price
$1,300,000
Premium/Discount to List
$1,000
0.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.45%

Purchase Details

Closed on
Jun 8, 2011
Sold by
Liu Chao and Yong Cashin K
Bought by
Yong Cashin K and Liu Chao

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,750
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 19, 2007
Sold by
Yong Cashin K and Liu Chao
Bought by
Yong Cashin K and Liu Chao

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2006
Sold by
Prudential Relocation Inc
Bought by
Yong Cashin K and Liu Chao

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 8, 2006
Sold by
Moore Daniel W and Moore Ritsuko
Bought by
Prudential Relocation Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 9, 1999
Sold by
Tai Chen John Yuan and Haihua Heather
Bought by
Moore Daniel W and Moore Ritsuko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$454,400
Interest Rate
6.37%

Purchase Details

Closed on
Jul 3, 1997
Sold by
Tai Chen John Yuan
Bought by
Chen John Yuan Tai and Kuo Heather Haihua

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
7.47%
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Yao Mingdong -- None Available
Yao Mingdong $1,300,000 Chicago Title Company
Yong Cashin K -- Chicago Title Company
Yong Cashin K -- Financial Title Company
Yong Cashin K $1,200,000 Fidelity National Title
Prudential Relocation Inc $1,200,000 Fidelity National Title
Moore Daniel W $568,000 First American Title Co
Chen John Yuan Tai -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yong Cashin K $729,750
Previous Owner Yong Cashin K $960,000
Previous Owner Yong Cashin K $960,000
Previous Owner Moore Daniel W $454,400
Previous Owner Chen John Yuan Tai $195,000
Closed Moore Daniel W $56,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/16/2013 04/16/13 Sold $1,300,000 +0.1% $556 / Sq Ft
02/26/2013 02/26/13 Pending -- -- --
02/07/2013 02/07/13 For Sale $1,299,000 -- $555 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

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 $18,812 $1,620,452 $800,423 $820,029
2023 $18,812 $1,557,532 $769,343 $788,189
2022 $18,188 $1,526,993 $754,258 $772,735
2021 $17,957 $1,497,053 $739,469 $757,584
2020 $17,464 $1,481,704 $731,887 $749,817
2019 $16,544 $1,452,653 $717,537 $735,116
2018 $15,959 $1,424,171 $703,468 $720,703
2017 $15,783 $1,396,248 $689,675 $706,573
2016 $15,667 $1,368,871 $676,152 $692,719
2015 $15,306 $1,348,311 $665,996 $682,315
2014 $14,896 $1,319,902 $652,951 $666,951
Source: Public Records

Agents Affiliated with this Home

  • Stanley Lo

    Seller's Agent in 2013

    Stanley Lo

    Green Banker Realty

    (650) 222-1045

    1 in this area

    393 Total Sales

    Stanley Lo
    Section Image
  • Lily Hsu

    Buyer's Agent in 2013

    Lily Hsu

    Compass

    (650) 823-9189

    41 Total Sales

    Lily Hsu
    Section Image
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Map

Source: MLSListings

MLS Number: ML81303725

MLSListings

APN: 094-882-080

California San Mateo County Foster City 94404 Sea Colony

602 Somerset Ln, Foster City, CA

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