NOT LISTED FOR SALE

701 2nd Ave Unit 2 San Mateo, CA 94401

North Central Neighborhood

Estimated Value: $1,466,000 - $1,623,000

2 Beds
2.5 Baths
1,732 Sq Ft
0.41 Acres

Last Sold April 20, 2016

Last sale price $1,285,000 $742 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $9,467/month

Highlights

  • 0.41 Acre Lot
  • Craftsman Architecture
  • Balcony
  • San Mateo High School Rated A+
  • Wood Flooring
  • 1 Car Attached Garage

About This Home

As of April 2016

8 New Townhomes in Downtown San Mateo!

Last Agent to Sell the Property

Thomas Neel

Coldwell Banker Realty License #00935828 Listed on: 01/28/2016

Coldwell Banker Realty

Last Buyer's Agent

Lucy Ko

CIG Realty & Loans License #01365815

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2016

Lot Details

  • 0.41

Parking

  • 1 Car Attached Garage
  • 1 Carport Space
  • Garage Door Opener
  • Secured Garage or Parking
  • Off-Street Parking

Home Design

  • Craftsman Architecture
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,732 Sq Ft Home
  • 2-Story Property
  • Combination Dining and Living Room

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry on upper level
  • Washer and Dryer Hookup

Home Security

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Individual Gas Meter

Additional Features

  • Balcony
  • Wood Fence

Listing and Financial Details

  • Assessor Parcel Number 034163190E

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include insurance - common area, reserves, roof
  • 8 Units
  • 701 2Nd Avenue Association

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Year Built

Built in 2016

Lot Details

0

Parking

1

Listing Details

  • Subclass: Condominium
  • Style: Craftsman
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 8
  • Structure Sq Ft: 1732
  • Year Built: 2016
  • Zoning Description: Condo
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Dining Room: Breakfast Bar, Dining Area in Living Room, No Formal Dining Room
  • Kitchen: Dishwasher, Garbage Disposal, Microwave, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 1732
  • Stories: 2
  • Security: Fire Alarm, Fire System - Sprinkler, Secured Garage / Parking
  • Laundry: Hookups Only, Upper Floor
  • Flooring: Carpet, Hardwood, Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Stall Shower, Tile

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Yard/Grounds: Balcony / Patio
  • Fencing: Wood

Garage/Parking

  • Garage Spaces: 1
  • Garage Parking Features: Attached Garage, Carport, Gate / Door Opener, Off-Street Parking
  • Carport Min: 1

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 255
  • Association Fees Include: Insurance - Common Area, Reserves, Roof
  • H O A Name Text: 701 2nd Avenue
  • H O A Exist: Yes

Schools

  • High School: 672

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 034163190E
  • Lot Acres: 0.4100
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 18000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 18000.00

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities

MLS Schools

  • High School District Text: San Mateo Union High
  • Elementary School Text: Laurel Elementary
  • High School Text: San Mateo High
  • Middle School Text: Abbott Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2016
Closed on
Apr 12, 2016
Sold by
Thorenfeldt Bo
Bought by
Ko Vincent and Ko Lucia
Seller's Agent
Thomas Neel
Coldwell Banker Realty
Buyer's Agent
Lucy Ko
CIG Realty & Loans
List Price
$1,285,000
Sold Price
$1,285,000
Current Estimated Value
$1,532,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,875
Avg. Annual Appreciation
1.82%
Original Mortgage
$350,000
Outstanding Balance
$278,054
Interest Rate
3.68%
Mortgage Type
New Conventional
Estimated Equity
$1,254,821
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ko Vincent $1,253,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ko Vincent $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2016 04/20/16 Sold $1,285,000 0.0% $742 / Sq Ft
01/28/2016 01/28/16 Pending -- -- --
01/28/2016 01/28/16 For Sale $1,285,000 -- $742 / 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 $18,081 $1,483,140 $444,940 $1,038,200
2023 $18,081 $1,425,550 $427,663 $997,887
2022 $17,398 $1,397,599 $419,278 $978,321
2021 $17,098 $1,370,196 $411,057 $959,139
2020 $16,353 $1,356,148 $406,843 $949,305
2019 $15,986 $1,329,558 $398,866 $930,692
2018 $15,332 $1,303,490 $391,046 $912,444
2017 $14,952 $1,277,932 $383,379 $894,553
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2016

    Thomas Neel

    Coldwell Banker Realty

    Section Image

  • L

    Buyer's Agent in 2016

    Lucy Ko

    CIG Realty & Loans

See All Agents

Map

Source: MLSListings

MLS Number: ML81548676

MLSListings

APN: 104-930-020

California San Mateo County San Mateo 94401 North Central

701 2nd Ave Unit 2, San Mateo, CA

Not Listed for Sale

Condos

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