NOT LISTED FOR SALE

723 2nd Ave San Mateo, CA 94401

North Central Neighborhood

Estimated Value: $1,434,000 - $1,603,938

3 Beds
3.5 Baths
1,652 Sq Ft
$918/Sq Ft Est. Value

Last Sold August 20, 2019

Last sale price $1,557,500 $943 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $10,422/month

59 Days on Market

Highlights

  • Newly Remodeled
  • Primary Bedroom Suite
  • 1 Car Attached Garage
  • San Mateo High School Rated A+
  • Balcony
  • Double Pane Windows

About This Home

As of August 2019

**BRAND NEW TOWNHOMES** Welcome to The Palisades of San Mateo - Tasteful Craftsman architecture blending with stylish interiors. Seven luxury townhouses completely built in 2019. 723 2nd Ave (Res. 4) features 3BR/3.5BA that is built with quality modern finishes, open floor plan, engineered hardwood throughout, custom cabinets and closets, energy-efficient LED lighting and tankless water heaters. The L-shape living-dining room space is highlighted by plentiful picture windows offering an abundance of natural light. This home features its own private patio, surrounded with luscious landscaping. 2 parking spaces available for each unit in the attached garage complete with EV charging plug and a designated carport space. Within walking distance to San Mateo's vibrant Downtown and Caltrain station. Centrally located near parks, schools, golf courses, & HWY 101/92. Sales Office is open on 12PM-4PM on Tue/Wed/Thu and 1-4PM on weekends.

Last Agent to Sell the Property

Annie Chang

Sequoia Real Estate License #01476872 Listed on: 05/24/2019

Last Buyer's Agent

Ping Lin

Compass License #01429722

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $20,273

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 0.33

HOA Fees

  • $536 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • 1 Carport Space
  • Electric Vehicle Home Charger
  • Assigned Parking

Home Design

  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,652 Sq Ft Home
  • 3-Story Property
  • Double Pane Windows
  • Dining Area
  • Washer and Dryer

Kitchen

  • Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Bathroom on Main Level
  • Bathtub with Shower
  • Walk-in Shower

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating System
  • Tankless Water Heater

Community Details

  • Association fees include common area electricity, exterior painting, garbage, insurance - common area, maintenance - common area, maintenance - exterior, management fee
  • 7 Units
  • The Palisades Of San Mateo Association

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$20,273

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

HOA Fees

$536 per month

Parking

1

Listing Details

  • Subclass: Townhouse
  • Restrictions: Pets - Rules
  • Age: 1
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 7
  • Structure Sq Ft: 1652
  • Construction: Completed-Never Occupied
  • Year Built: 2018
  • Zoning Description: R3
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area
  • Kitchen: Dishwasher, Hood Over Range, Microwave, Oven Range
  • Living Sq Ft: 1652
  • Stories: 3
  • Bedrooms: Primary Suite / Retreate - 2+
  • Laundry: Washer / Dryer
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Full on Ground Floor, Shower over Tub - 1, Stall Shower, Tub in Primary Bedroom

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition, Shingle
  • Yard/Grounds: Balcony / Patio

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Assigned Spaces, Attached Garage, Electric Car Hookup
  • Carport Min: 1

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 536
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Exterior Painting, Garbage, Insurance - Common Area, Maintenance - Common Area, Maintenance - Exterior, Management Fee
  • H O A Name Text: The Palisades of San Mateo
  • H O A Exist: Yes

Schools

  • School District: San Mateo Union High
  • Elementary School: Laurel Elementary
  • Middle School: Abbott Middle
  • High School: San Mateo High
  • High School: 672
  • Elementary School: 652
  • Middle School: 600

Lot Info

  • Parcel Number: 000000000
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9999.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9999.00

Green Features

  • Energy Features: Double Pane Windows, Tankless Water Heater

Multi Family

  • Utilities: 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
May 24, 2019
Closed on
Jul 24, 2019
Sold by
Fremont Sm Llc
Bought by
Sha Mohan
Seller's Agent
Annie Chang
Sequoia Real Estate
Buyer's Agent
Ping Lin
Compass
List Price
$1,650,000
Sold Price
$1,557,500
Premium/Discount to List
-$92,500
-5.61%
Current Estimated Value
$1,515,985

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$41,515
Avg. Annual Appreciation
-0.45%
Original Mortgage
$550,000
Outstanding Balance
$485,635
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,030,350
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
Sha Mohan $1,557,500 North American Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sha Mohan $550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2019 08/20/19 Sold $1,557,500 -2.6% $943 / Sq Ft
07/23/2019 07/23/19 Pending -- -- --
06/18/2019 06/18/19 Price Changed $1,599,000 -3.1% $968 / Sq Ft
05/24/2019 05/24/19 For Sale $1,650,000 -- $999 / 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 $20,273 $1,703,348 $511,277 $1,192,071
2023 $20,273 $1,637,207 $491,424 $1,145,783
2022 $19,361 $1,605,106 $481,789 $1,123,317
2021 $19,022 $1,573,635 $472,343 $1,101,292
2020 $18,362 $1,557,500 $467,500 $1,090,000
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2019

    Annie Chang

    Sequoia Real Estate

  • P

    Buyer's Agent in 2019

    Ping Lin

    Compass

See All Agents

Map

Source: MLSListings

MLS Number: ML81753586

MLSListings

APN: 117-650-040

California San Mateo County San Mateo 94401 North Central

723 2nd Ave, San Mateo, CA

This home is located at 723 2nd Ave, San Mateo, CA 94401 since 24 May 2019 and is currently estimated at $1,515,985, approximately $917 per square foot. This property was built in 2018. 723 2nd Ave is a home located in San Mateo County with nearby schools including Laurel Elementary School, Abbott Middle School, and San Mateo High School.

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