NOT LISTED FOR SALE

Estimated Value: $2,048,000 - $2,366,000

4 Beds
2 Baths
1,875 Sq Ft
$1,197/Sq Ft Est. Value

Last Sold March 17, 2021

Last sale price $1,980,000 $1,056 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $14,379/month

8 Days on Market

Highlights

  • Open to Family Room
  • Fireplace
  • 1-Story Property
  • George Hall Elementary School Rated A
  • Forced Air Heating and Cooling System

About This Home

As of March 2021

The Village Vanguard of modern San Mateo homes. Don't miss this sparkling new gem of a modern home in San Mateo's village. With close proximity to to shopping, restaurant, nightlife and entertainment of newly remodeled Hillsdale shopping center, this 4 bedroom 2 bath home features modern appliances and fixtures throughout. A clean, open concept, with generous bedrooms and bathrooms. 61 Otay Ave is a modernists masterpiece for todays desirable San Mateo Village neighborhood. Easy access to freeways, El Camino, and downtown San Mateo nearby, this home stands out as the quintessential suburban home for today's modern buyer.

Last Agent to Sell the Property

John Marshall

Omarshall, Inc License #02040161 Listed on: 02/09/2021

Co-Listed By

Joey Oliva

Omarshall, Inc License #01936757

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,854

Year Built

  • 1951

Lot Details

  • 5,001 Sq Ft Lot

Parking

  • 1 Car Garage

Home Design

  • Slab Foundation
  • Tar and Gravel Roof

Interior Spaces

  • 1,875 Sq Ft Home
  • 1-Story Property
  • Fireplace

Kitchen

  • Open to Family Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Individual Gas Meter

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,854

Year Built

1951

Lot Details

0

Parking

1

Listing Details

  • Zoning: R10006
  • Subclass: Single Family Home
  • Age: 70
  • Listing Class: Residential
  • Structure Sq Ft: 1875
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1951

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: Eat In Kitchen
  • Fireplace: Yes
  • Living Sq Ft: 1875
  • Stories: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tar And Gravel

Garage/Parking

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

Utilities

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

Schools

  • School District: San Mateo Union High

Lot Info

  • Lot Acres: 0.1148
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5000.00

Multi Family

  • Utilities: Individual Gas Meters

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2021
Closed on
Mar 15, 2021
Sold by
Steppingstone Assets Group Llc
Bought by
Carandang Mark and Carandang Michelle
Seller's Agent
John Marshall
Omarshall, Inc
List Price
$1,825,000
Sold Price
$1,980,000
Premium/Discount to List
$155,000
8.49%
Current Estimated Value
$2,243,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$263,568
Avg. Annual Appreciation
2.40%
Original Mortgage
$1,584,000
Outstanding Balance
$1,426,381
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$772,694

Purchase Details

Listed on
Jun 25, 2019
Closed on
Jun 12, 2019
Sold by
Willis David Brian and Dorothy Wills Inter Vivos Trus
Bought by
Steppinngstone Assets Group Llc
Seller's Agent
Dennis Murphy
Golden Gate Sotheby's International Realty
Buyer's Agent
Lisa Karson
Golden Gate Sotheby's International Realty
List Price
$1,150,000
Sold Price
$1,150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.90%

Purchase Details

Closed on
Mar 5, 1999
Sold by
Willis Dorothy Tr
Bought by
Willis Dorothy and Dorothy Willis Inter Vivos Tru

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.76%

Purchase Details

Closed on
Mar 1, 1999
Sold by
Willis Dorothy
Bought by
Willis Dorothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.76%

Purchase Details

Closed on
Sep 19, 1996
Sold by
Willis Dorothy
Bought by
Willis Dorothy and Dorothy Willis Inter Vivos Tru
Source: Public Records

Range of Values:

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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
Carandang Mark $1,980,000 First American Title Company
Steppinngstone Assets Group Llc $1,150,000 Fidelity National Title Co
Willis Dorothy -- --
Willis Dorothy -- Fidelity National Title Co
Willis Dorothy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carandang Mark $1,584,000
Previous Owner Willis Dorothy $17,555
Previous Owner Willis Dorothy $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2021 03/17/21 Sold $1,980,000 +8.5% $1,056 / Sq Ft
02/18/2021 02/18/21 Pending -- -- --
02/09/2021 02/09/21 For Sale $1,825,000 +58.7% $973 / Sq Ft
06/25/2019 06/25/19 Sold $1,150,000 0.0% $1,211 / Sq Ft
06/25/2019 06/25/19 Pending -- -- --
06/25/2019 06/25/19 For Sale $1,150,000 -- $1,211 / 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 $25,854 $2,143,214 $1,190,674 $952,540
2023 $25,854 $2,059,992 $1,144,440 $915,552
2022 $24,953 $2,019,600 $1,122,000 $897,600
2021 $18,336 $1,495,494 $927,510 $567,984
2020 $14,250 $1,173,000 $918,000 $255,000
2019 $2,176 $81,228 $26,324 $54,904
2018 $1,769 $79,636 $25,808 $53,828
2017 $1,679 $78,075 $25,302 $52,773
2016 $1,597 $76,545 $24,806 $51,739
2015 $1,744 $75,396 $24,434 $50,962
2014 $1,918 $73,920 $23,956 $49,964
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81829092

MLSListings

APN: 040-061-070