NOT LISTED FOR SALE

700 Promontory Point Ln Unit 1307 Foster City, CA 94404

Isle Cove Neighborhood

Estimated Value: $1,395,000 - $1,569,000

3 Beds
2.5 Baths
2,264 Sq Ft
$1,000/mo HOA Fee

Last Sold May 28, 2021

Last sale price $1,358,000 $600 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $10,067/month

13 Days on Market

Highlights

  • Water Views
  • Fitness Center
  • Clubhouse
  • Audubon Elementary School Rated A
  • Private Pool
  • Recreation Facilities

About This Home

As of May 2021

Amazing opportunity abounds in this stunning, partial water view, 3br/2.5ba, southwest corner condo filled with natural sunlight! Located on higher 3rd floor in elevator building. Enjoy beautiful mountain & lagoon views from your private, spacious balcony. Featuring high ceilings, extensive recessed lighting, gas fireplace, in-unit washer & dryer, this excellent, spacious one-level open floorplan is 2,264 sq.ft. plus 2-car parking, & storage. Gourmet kitchen w/stainless steel Viking appliances, designer Italian tile, breakfast bar, generous cabinetry, gas burner stovetop, double ovens, & wine refrigerator. New carpet, hardwood floors in entry foyer & hallway w/thick crown molding throughout. Jetted tub & spacious closet in master suite. HOA Dues incl. earthquake insurance, landscaping, building maintenance & management, gym, clubhouse, swimming pool & hot tub, & more! Foster City is recognized by Forbes & Money Magazine to be one of the best cities to live, work, & play in the country!

Last Agent to Sell the Property

Joan Laguatan

Canvass Properties License #01379835 Listed on: 04/14/2021

Last Buyer's Agent

Jo Ann Lim

RE/MAX Gold Redwood Shores. License #01736719

RE/MAX Gold Redwood Shores.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $17,108

Year Built

  • 1990

Lot Details

  • 7.95

HOA Fees

  • $1,000 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Enclosed Parking
  • Guest Parking

Property Views

  • Water
  • Mountain
  • Neighborhood

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,264 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Formal Dining Room

Bedrooms and Bathrooms

  • 3 Bedrooms

Additional Features

  • Private Pool
  • Southwest Facing Home
  • Forced Air Heating System

Community Details

Overview

  • Association fees include common area electricity, common area gas, exterior painting, garbage, insurance - earthquake, insurance - homeowners, landscaping / gardening, maintenance - common area, management fee, pool spa or tennis, recreation facility, reserves, roof, water
  • 93 Units
  • Manor Association

Amenities

  • Trash Chute
  • Clubhouse
  • Elevator

Recreation

  • Recreation Facilities
  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed with Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$17,108

Year Built

1990

Lot Details

0

HOA Fees

$1,000 per month

Parking

2

Listing Details

  • Zoning: M10000
  • Subclass: Condominium
  • Restrictions: Age - No Restrictions, Pets - Allowed, Pets - Restrictions, Pets - Rules
  • Listing Class: Residential
  • Maximum Unit Floor Number: 2
  • Max Numberof Unitsin Building: 93
  • Min Numberof Unitsin Complex: 93
  • Structure Sq Ft: 2264
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1990

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room
  • Dining Room: Formal Dining Room
  • Fireplace: Yes
  • Living Sq Ft: 2264
  • Stories: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Concrete Perimeter And Slab, Wood Frame
  • Pool Description: Yes
  • Roof: Composition
  • View: Mountains, Neighborhood, Water
  • Property Faces: Southwest

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Enclosed, Guest / Visitor Parking

Utilities

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

Condo/Co-op/Association

  • Complex Name: Manor Association
  • HOA Fees: 1000
  • HOA Amenities: Club House, Community Pool, Elevator, Gym / Exercise Facility, Recreation Room, Trash Chute
  • HOA Documents: Articles Of Incorporation, Budget, Bylaws, Cc&rs, Financial Statement, Minutes, Reserve Study, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Common Area Gas, Exterior Painting, Garbage, Insurance - Earthquake, Insurance - Homeowners, Landscaping / Gardening, Maintenance - Common Area, Management Fee, Pool, Spa, Or Tennis, Recreation Facility, Reserves, Roof, Water
  • HOA Exist: Yes
  • H O A Name Text: Manor Association

Multi Family

  • Utilities: Public Utilities
  • Maximum Building Height: 4
  • Minimum Building Height: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2021
Closed on
May 23, 2021
Sold by
Wambach James S and Wambach Sophia V
Bought by
Tsang Daniel T and Tsang Jenny P
Seller's Agent
Joan Laguatan
Canvass Properties
Buyer's Agent
Jo Ann Lim
RE/MAX Gold Redwood Shores.
List Price
$1,249,000
Sold Price
$1,358,000
Premium/Discount to List
$109,000
8.73%
Current Estimated Value
$1,459,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,826
Avg. Annual Appreciation
1.65%
Original Mortgage
$822,375
Outstanding Balance
$744,112
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$715,714

Purchase Details

Closed on
Feb 15, 2017
Sold by
Wambach James S
Bought by
Wambach James S and Wambach Sophia V

Purchase Details

Closed on
Jul 20, 2012
Sold by
Wambach Deborah N
Bought by
Wambach James S

Purchase Details

Closed on
Jul 25, 2005
Sold by
Boysan Ali and Boysan Ceylan A
Bought by
Wambach James and Wambach Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$756,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
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
Tsang Daniel T $1,358,000 First American Title Company
Wambach James S -- None Available
Wambach James S -- None Available
Wambach James $945,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tsang Daniel T $822,375
Previous Owner Wambach James $756,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2021 05/28/21 Sold $1,358,000 +8.7% $600 / Sq Ft
04/28/2021 04/28/21 Pending -- -- --
04/14/2021 04/14/21 For Sale $1,249,000 -- $552 / 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 $17,108 $1,469,940 $440,548 $1,029,392
2023 $17,108 $1,412,862 $423,442 $989,420
2022 $16,539 $1,385,160 $415,140 $970,020
2021 $14,318 $1,193,061 $357,915 $835,146
2020 $13,924 $1,180,829 $354,246 $826,583
2019 $13,192 $1,157,676 $347,300 $810,376
2018 $12,665 $1,134,978 $340,491 $794,487
2017 $12,522 $1,112,724 $333,815 $778,909
2016 $12,470 $1,090,907 $327,270 $763,637
2015 $12,180 $1,074,522 $322,355 $752,167
2014 $11,870 $1,053,475 $316,041 $737,434
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81838958

MLSListings

APN: 109-770-070