641 Cedar St Unit 202 San Carlos, CA 94070
Howard Park Neighborhood
2
Beds
2
Baths
1,178
Sq Ft
0.26
Acres
Highlights
- Below Market Rate Unit
- Forced Air Heating and Cooling System
- Combination Dining and Living Room
- Brittan Acres Elementary School Rated A
About This Home
As of May 2025Amazing Opportunity !! Below Market Rate condo( BMR) 2-bedroom, 2-bathroom condo .Built in 2009 with 1,178 square feet of living space. The kitchen is a standout feature, equipped with modern appliances and ample cabinetry.The dining area is integrated within the living room, creating an open and cohesive space for entertaining. Amenities include central air conditioning, inside laundry , beautiful flooring throughout, large balcony, 1 secure parking spot and storage options. Walking distance to shops, restaurants and is within the top San Carlos Elementary School District PROPERTY IS DESIGNATED AS A BELOW MARKET RATE PROPERTY THRU THE CITY OF SAN CARLOS. Moderate-Income Household (HH) Limits HH of 1 person up to $156,750 HH of 2: $179,100 HH of 3: $201,500 HH of 4: $223,900 Maximum asset limit of $350,000 (not inclusive of retirement funds), with a tiered approach to treating assets as a percentage of income: Household Assets of $60,000 to $200,000 will reflect 10% of those assets as household income. Household Assets of $200,000 to $350,000 will reflect 15% of those assets as household income. The purchaser of these BMR units must occupy them.
Last Agent to Sell the Property
Golden Gate Sotheby's International Realty License #01775831 Listed on: 02/10/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,895
Year Built
- Built in 2009
Parking
- 1 Car Garage
- Assigned Parking
Interior Spaces
- 1,178 Sq Ft Home
- 1-Story Property
- Combination Dining and Living Room
- Laundry in unit
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Utilities
- Forced Air Heating and Cooling System
Community Details
- Property has a Home Owners Association
- Association fees include garbage, landscaping / gardening, water
- 641 Cedar Association
Listing and Financial Details
- Below Market Rate Unit
- Assessor Parcel Number 114-550-070
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 10, 2025
Closed on
Apr 30, 2025
Sold by
Hartmann Ingrid
Bought by
Cheong Min Jae and Cheong Haeun
Seller's Agent
Lisa Karson
Golden Gate Sotheby's International Realty
Buyer's Agent
Vivienne Kelvin
Vabrato
List Price
$610,031
Sold Price
$722,048
Premium/Discount to List
$112,017
18.36%
Views
38
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,547
Avg. Annual Appreciation
6.18%
Original Mortgage
$360,000
Outstanding Balance
$359,050
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$376,545
Purchase Details
Closed on
Jun 9, 2010
Sold by
Jv Cedar Property Llc
Bought by
Hartmann Ingrid
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
5.03%
Mortgage Type
New Conventional
Similar Homes in San Carlos, CA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $722,500 | Fidelity National Title Compan | |
| Grant Deed | $290,000 | Fidelity National Title Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $360,000 | New Conventional | |
| Previous Owner | $212,000 | New Conventional | |
| Previous Owner | $228,000 | New Conventional | |
| Previous Owner | $232,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/05/2025 05/05/25 | Sold | $722,048 | +18.4% | $613 / Sq Ft |
| 04/04/2025 04/04/25 | Pending | -- | -- | -- |
| 02/10/2025 02/10/25 | For Sale | $610,031 | -- | $518 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
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 | $5,895 | $374,323 | $112,294 | $262,029 |
| 2023 | $5,895 | $359,790 | $107,935 | $251,855 |
| 2022 | $5,590 | $352,736 | $105,819 | $246,917 |
| 2021 | $5,485 | $345,821 | $103,745 | $242,076 |
| 2020 | $5,398 | $342,276 | $102,682 | $239,594 |
| 2019 | $5,223 | $335,566 | $100,669 | $234,897 |
| 2018 | $5,076 | $328,988 | $98,696 | $230,292 |
| 2017 | $4,984 | $322,538 | $96,761 | $225,777 |
| 2016 | $4,854 | $316,214 | $94,864 | $221,350 |
| 2015 | $4,839 | $311,466 | $93,440 | $218,026 |
| 2014 | $4,618 | $305,366 | $91,610 | $213,756 |
Source: Public Records
Agents Affiliated with this Home
-
Lisa Karson
Seller's Agent in 2025
Lisa Karson
Golden Gate Sotheby's International Realty
(650) 759-4644
1 in this area
97 Total Sales
-
Vivienne Kelvin
Buyer's Agent in 2025
Vivienne Kelvin
Vabrato
(650) 291-7241
2 in this area
87 Total Sales
-
Mark Martinho
Buyer Co-Listing Agent in 2025
Mark Martinho
Vabrato
(650) 346-1595
1 in this area
86 Total Sales
Map
Source: MLSListings
MLS Number: ML81995734
APN: 114-550-070
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