NOT LISTED FOR SALE

Estimated Value: $1,704,000 - $1,873,000

6 Beds
3 Baths
3,065 Sq Ft
$573/Sq Ft Est. Value

Last Sold June 28, 2024

Last sale price $1,850,000 $604 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $10,281/month

14 Days on Market

Highlights

  • Sitting Area In Primary Bedroom
  • Mountain View
  • Jetted Soaking Tub in Primary Bathroom
  • Westmoor High School Rated A-
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of June 2024

Welcome to 70 Mateo Ave, a thoughtfully designed residence built in 2011 that offers a unique and spacious layout. This home features a main living area with 4 bedrooms and 2 bathrooms, with a legally permitted 2-bedroom, 1-bathroom garden apartment. Altogether, the property boasts 6 bedrooms and 3 bathrooms, making it an ideal family compound. The versatile floor plan provides the next owner with ample room and flexibility. The garden apartment is perfect for hosting in-laws, grandparents, or an au pair. Alternatively, it can be used as a rental opportunity to help subsidize your mortgage payments. One of the major highlights of this property is its sunny and spacious backyard. Designed for privacy, it's perfect for entertaining, outdoor dining, or simply relaxing in a tranquil setting. Parking is plentiful and convenient at 70 Mateo Ave. A large driveway coupled with a two-car, side-by-side garage provides enough space for up to 6 vehicles, eliminating any parking worries. Enjoy the benefits of owning a newer construction with all the modern conveniences and space a family could need, all nestled in a friendly Daly City neighborhood. A rare find and a remarkable place to call home.

Last Agent to Sell the Property

Daniel Camou

Compass License #02078885 Listed on: 05/15/2024

Compass

Co-Listed By

Frank Villanueva

Compass License #01425060

Last Buyer's Agent

Geen Phone Lee

Fifty Hills Real Estate License #02176676

Fifty Hills Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2011 | Remodeled

Lot Details

  • 4,370 Sq Ft Lot
  • East Facing Home
  • Back Yard Fenced

Parking

  • 2 Car Garage
  • Enclosed Parking
  • Side by Side Parking
  • Garage Door Opener

Property Views

  • Mountain
  • Hills

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Ceiling Insulation
  • Bitumen Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 3,065 Sq Ft Home
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Window Screens
  • Living Room with Fireplace
  • Combination Dining and Living Room

Kitchen

  • Free-Standing Gas Oven
  • Range Hood
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • Main Floor Bedroom
  • 3 Full Bathrooms
  • Secondary Bathroom Double Sinks
  • Dual Vanity Sinks in Primary Bathroom
  • Jetted Soaking Tub in Primary Bathroom
  • Secondary Bathroom Jetted Tub
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Separate Shower
  • Window or Skylight in Bathroom

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Home Security

  • Intercom
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Suppression System

Additional Homes

  • Accessory Dwelling Unit (ADU)
  • Separate Entry Quarters

Utilities

  • Zoned Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Handicap Shower
  • Energy-Efficient Insulation
  • Patio

Listing and Financial Details

  • Assessor Parcel Number 006-223-450

Home Details

Home Type

Single Family

Year Built

Built in 2011 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subtype Description: Detached
  • Architectural Style: Contemporary
  • Property Condition: Updated/Remodeled
  • Property Faces: East
  • Accessibility Features: Kitchen Cabinets, Parking, Shower(s)
  • Other Equipment: Intercom
  • Year Built: 2011
  • Second Unit Private Entry: Yes
  • Accessory Dwelling Unit Second Unit: Yes
  • Special Features: None
  • Stories: 0

Interior Features

  • Number Of Fireplaces: 1
  • Fireplace Features: Gas Piped, Gas Starter, Living Room
  • Master Bathroom Features: Double Sinks, Jetted Tub, Shower Stall(s), Skylight/Solar Tube, Soaking Tub
  • Master Bedroom Features: Closet, Sitting Room
  • Bathrooms: 3
  • Full Bathrooms: 3
  • Dining Room Features: Dining/Living Combo
  • Living Room Features: View
  • Appliances: Dishwasher, Disposal, Free Standing Gas Oven, Gas Water Heater, Hood Over Range, Microwave
  • Bathroom Features: Double Sinks, Jetted Tub, Shower Stall(s), Skylight/Solar Tube, Tub w/Shower Over
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Skylight(s)
  • Kitchen Features: Granite Counter, Pantry Closet
  • Laundry Features: Dryer Included, Ground Floor, Inside Room, Laundry Closet, Upper Floor, Washer Included, See Remarks
  • Lower Level: Bedroom(s), Dining Room, Full Bath(s), Garage, Kitchen, Living Room, Street Entrance
  • Main Level: Bedroom(s), Dining Room, Full Bath(s), Kitchen, Living Room, Primary Bedroom
  • Price Per Square Foot: 603.59
  • Room Type: Dining Room, Kitchen, Living Room, Primary Bathroom, Primary Bedroom
  • Square Footage: 3065.00
  • Window Features: Caulked/Sealed, Dual Pane Full, Window Screens

Exterior Features

  • Construction Materials: Ceiling Insulation, Stucco, Wall Insulation
  • Driveway Sidewalks: Paved Driveway, Paved Sidewalk
  • Fencing: Back Yard, Fenced, Wood
  • Foundation: Concrete Perimeter, Slab
  • Patio And Porch Features: Uncovered Patio
  • Roof: Bitumen
  • View: Hills, Mountains

Garage/Parking

  • Garage Spaces: 2.00
  • Parking Access: Side by Side
  • Parking Features: Enclosed, Garage Door Opener, Interior Access, Side-by-Side
  • Parking Fees: No
  • Parking Type: On Site (Single Family Only)
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Central, Gas, MultiZone
  • Security Features: Carbon Mon Detector, Fire Alarm, Fire Suppression System, Smoke Detector
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Assessor Parcel Number: 006-223-450
  • Lot Size Acres: 0.1003
  • Lot Size Sq Ft: 4370.00
  • Lot Size Units: SqFt
  • Price Per Acre: 18444666.00

Green Features

  • Energy Efficient: Insulation

Multi Family

  • Second Unit Estimated Sq Ft: 956
  • Second Unit Bedrooms: 2
  • Second Unit Description: Garden Apartment
  • Second Unit Full Bathrooms: 1
  • Second Unit Kitchen: Yes
  • Second Unit Occupied: No
  • Second Unit Partial Bathrooms: 0
  • Second Unit Type: Attached

MLS Schools

  • School District County: San Mateo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2024
Closed on
Jun 7, 2024
Sold by
John Kim Cheng Living Trust and Cheng Melissa G
Bought by
Wu Xi Zhu and Zhang Yitong
Seller's Agent
Daniel Camou
Compass
Buyer's Agent
Geen Phone Lee
Fifty Hills Real Estate
List Price
$1,495,000
Sold Price
$1,850,000
Premium/Discount to List
$355,000
23.75%
Views
105
Current Estimated Value
$1,757,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$92,266
Avg. Annual Appreciation
-3.29%
Original Mortgage
$1,295,000
Outstanding Balance
$1,272,200
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$485,534

Purchase Details

Closed on
Dec 3, 2021
Sold by
Cheng John Kim and Cheng John
Bought by
Cheng John Kim and The John Kim Cheng Living Trus

Purchase Details

Listed on
Mar 22, 2012
Closed on
Oct 25, 2012
Sold by
Davenport Robert T and Ferrari Andrew S
Bought by
Cheng John and Cheng Melissa G
Seller's Agent
Joanne Leong
Coldwell Banker Paramount Properties
Buyer's Agent
Tracy Parker
BHHS Drysdale Properties
List Price
$928,000
Sold Price
$860,000
Premium/Discount to List
-$68,000
-7.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.56%
Original Mortgage
$625,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 2012
Sold by
Davenport Robert T and Davenport Robert Thomas
Bought by
Davenport Robert

Purchase Details

Closed on
Dec 18, 2010
Sold by
Ferrari Andrew S
Bought by
Ferrari Andrew S

Purchase Details

Closed on
Aug 18, 2009
Sold by
Davenport Jana
Bought by
Davenport Robert T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
5.09%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 14, 2009
Sold by
Sfarzo Donna L and Olcese Tillio
Bought by
Davenport Robert T and Ferrari Andrew S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
5.09%
Mortgage Type
Seller Take Back
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

Date Buyer Sale Price Title Company
Wu Xi Zhu $1,850,000 Old Republic Title
Cheng John Kim -- None Available
Cheng John $860,000 North American Title Co Inc
Davenport Robert -- None Available
Ferrari Andrew S -- None Available
Davenport Robert T -- Fidelity National Title Co
Davenport Robert T $555,000 Fidelity National Title Co
Olcese Tillio -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wu Xi Zhu $1,295,000
Previous Owner Cheng John $625,000
Previous Owner Davenport Robert T $265,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/28/2024 06/28/24 Sold $1,850,000 +23.7% $604 / Sq Ft
05/29/2024 05/29/24 Pending -- -- --
05/15/2024 05/15/24 For Sale $1,495,000 +73.8% $488 / Sq Ft
10/26/2012 10/26/12 Sold $860,000 -7.3% $294 / Sq Ft View Prior Sale
09/10/2012 09/10/12 Pending -- -- --
08/01/2012 08/01/12 For Sale $928,000 +7.9% $317 / Sq Ft
08/01/2012 08/01/12 Off Market $860,000 -- --
06/02/2012 06/02/12 For Sale $928,000 +7.9% $317 / Sq Ft
06/01/2012 06/01/12 Off Market $860,000 -- --
03/22/2012 03/22/12 For Sale $928,000 -- $317 / Sq Ft
Source: San Francisco Association of REALTORS®

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 $13,080 $1,887,000 $1,020,000 $867,000
2023 $13,080 $1,017,896 $508,948 $508,948
2022 $12,574 $997,938 $498,969 $498,969
2021 $12,819 $978,372 $489,186 $489,186
2020 $12,404 $968,340 $484,170 $484,170
2019 $11,917 $949,354 $474,677 $474,677
2018 $11,391 $930,740 $465,370 $465,370
2017 $11,403 $912,492 $456,246 $456,246
2016 $11,045 $894,600 $447,300 $447,300
2015 $10,649 $881,164 $440,582 $440,582
2014 $10,308 $863,904 $431,952 $431,952
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS®

MLS Number: 424014468

San Francisco Association of REALTORS®

APN: 006-223-450