NOT LISTED FOR SALE

740 Promontory Point Ln Unit 3302 Foster City, CA 94404

Isle Cove Neighborhood

Estimated Value: $1,455,000 - $1,615,000

3 Beds
2.5 Baths
2,224 Sq Ft
$1,000/mo HOA Fee

Last Sold May 31, 2023

Last sale price $1,575,000 $708 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $10,969/month

13 Days on Market

Highlights

  • End Unit
  • Corner Lot
  • Formal Dining Room
  • Audubon Elementary School Rated A
  • Breakfast Area or Nook
  • Enclosed Parking

About This Home

As of May 2023

Luxury 3br/2.5ba + balcony, spacious condo w/waterfront view in newer complex phase (building 740)! This prime location within Promontory Point combines the best of both worlds, having northern waterfront views while enjoying lots of natural light. Loaded w/cabinetry/storage built-ins, marble surround fireplace, stunning gourmet kitchen with Viking gas range and stainless steel appliances, high-ceilings, tall elegant french doors, designer finishes, and balcony! Two 2 assigned parking spaces, extra separate storage. Pet-friendly, elevator building. HOA Dues incl. water, garbage, earthquake insurance, landscaping, building exterior maintenance & management, gym, clubhouse, swimming pool & hot tub, and more. Easy commute access near major freeways, near shopping, restaurants, & many conveniences. Foster City is recognized as 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: 04/20/2023

Last Buyer's Agent

Alan Wang

KW Santa Clara Valley Inc License #01380385

KW Santa Clara Valley Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $19,014

Year Built

  • Built in 2004

Lot Details

  • 7.95

HOA Fees

  • $1,000 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Enclosed Parking
  • Guest Parking

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,224 Sq Ft Home
  • 1-Story Property
  • Fireplace With Gas Starter
  • Formal Dining Room
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • 3 Bedrooms

Additional Features

  • End Unit
  • Forced Air Heating and Cooling System

Community Details

  • Association fees include common area electricity, common area gas, exterior painting, garbage, insurance - common area, landscaping / gardening, maintenance - common area, maintenance - exterior, management fee, pool spa or tennis, recreation facility, water / sewer
  • Promontory Point HOA

Listing and Financial Details

  • Assessor Parcel Number 109-810-020

Property Details

Home Type

Condominium

Est. Annual Taxes

$19,014

Year Built

Built in 2004

Lot Details

0

HOA Fees

$1,000 per month

Parking

2

Listing Details

  • Subclass: Condominium
  • Age: 19
  • Listing Class: Residential
  • Maximum Unit Floor Number: 3
  • Structure Sq Ft: 2224
  • Year Built: 2004
  • Zoning Description: M10000
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Starter
  • Dining Room: Breakfast Nook, Formal Dining Room
  • Living Sq Ft: 2224
  • Stories: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Composition

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 1000
  • HOA Documents: 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 - Common Area, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Management Fee, Pool, Spa, or Tennis, Recreation Facility, Water / Sewer
  • H O A Name Text: Promontory Point HOA
  • H O A Exist: Yes

Schools

  • School District: San Mateo Union High

Lot Info

  • Parcel Number: 109-810-020

Multi Family

  • Utilities: Public Utilities
  • Maximum Building Height: 4
  • Minimum Building Height: 4
  • Unit Features: Corner Unit, End Unit

MLS Schools

  • High School District Text: San Mateo Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2023
Closed on
May 26, 2023
Sold by
Dancescu Dan
Bought by
Wong Diana Ming Fay
Seller's Agent
Joan Laguatan
Canvass Properties
Buyer's Agent
Alan Wang
KW Santa Clara Valley Inc
List Price
$1,499,000
Sold Price
$1,575,000
Premium/Discount to List
$76,000
5.07%
Views
17
Current Estimated Value
$1,550,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,345
Avg. Annual Appreciation
-1.22%
Original Mortgage
$575,000
Outstanding Balance
$519,261
Interest Rate
5.76%
Mortgage Type
New Conventional
Estimated Equity
$1,012,109

Purchase Details

Listed on
Apr 20, 2023
Closed on
May 24, 2023
Sold by
Wan Ching Yen Family Trust
Bought by
Wong Chung Jerry and Wong Beth
Seller's Agent
Joan Laguatan
Canvass Properties
Buyer's Agent
Alan Wang
KW Santa Clara Valley Inc
List Price
$1,499,000
Sold Price
$1,575,000
Premium/Discount to List
$76,000
5.07%
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Outstanding Balance
$519,261
Interest Rate
5.76%
Mortgage Type
New Conventional
Estimated Equity
$1,012,109

Purchase Details

Closed on
Oct 10, 2012
Sold by
Yen Wan Ching and Yen Sandy S S
Bought by
Yen Wan Ching

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,700
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 18, 2006
Sold by
Yen Wan Ching and Yen Sandy S S
Bought by
Yen Wan Ching

Purchase Details

Closed on
Aug 25, 2005
Sold by
Smith M Gregory and Smith Judy C
Bought by
Yen Wan Ching and Yen Sandy S S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$434,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 24, 2005
Sold by
Yen Frank H C
Bought by
Yen Sandy S S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$434,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 10, 2004
Sold by
Promontory Hillsdale Llc
Bought by
Smith M Gregory and Smith Judy C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 5, 2001
Sold by
Fpd Llc
Bought by
Promontory Hillsdale Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,500,000
Interest Rate
6.91%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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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
Wong Diana Ming Fay -- First American Title
Wong Chung Jerry $1,575,000 First American Title
Yen Wan Ching -- Accommodation
Yen Wan Ching -- Fidelity National Title Co
Yen Wan Ching -- None Available
Yen Wan Ching $1,180,000 Commonwealth Land Title Co
Yen Sandy S S -- Commonwealth Land Title Co
Smith M Gregory $1,200,000 Commonwealth Land Title
Promontory Hillsdale Llc -- Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wong Chung Jerry $575,000
Previous Owner Yen Wan Ching $167,700
Previous Owner Yen Wan Ching $305,000
Previous Owner Yen Wan Ching $500,000
Previous Owner Yen Wan Ching $434,000
Previous Owner Smith M Gregory $960,000
Previous Owner Promontory Hillsdale Llc $17,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2023 05/31/23 Sold $1,575,000 +5.1% $708 / Sq Ft
05/03/2023 05/03/23 Pending -- -- --
04/20/2023 04/20/23 For Sale $1,499,000 -- $674 / 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 $19,014 $1,638,630 $491,589 $1,147,041
2023 $19,014 $1,549,938 $464,978 $1,084,960
2022 $17,565 $1,519,548 $455,861 $1,063,687
2021 $17,353 $1,489,754 $446,923 $1,042,831
2020 $16,872 $1,474,480 $442,341 $1,032,139
2019 $15,970 $1,445,569 $433,668 $1,011,901
2018 $14,514 $1,300,000 $389,500 $910,500
2017 $14,514 $1,300,000 $389,500 $910,500
2016 $13,378 $1,200,000 $359,500 $840,500
2015 $13,049 $1,180,000 $353,500 $826,500
2014 $9,214 $840,000 $251,500 $588,500
Source: Public Records

Agents Affiliated with this Home

  • Joan Laguatan

    Seller's Agent in 2023

    Joan Laguatan

    Canvass Properties

    (415) 608-0544

    5 in this area

    25 Total Sales

    Joan Laguatan
    Section Image
  • Alan Wang

    Buyer's Agent in 2023

    Alan Wang

    KW Santa Clara Valley Inc

    (408) 313-4352

    1 in this area

    217 Total Sales

    Alan Wang
    Section Image
  • Ruben Gallego

    Buyer Co-Listing Agent in 2023

    Ruben Gallego

    KW Santa Clara Valley Inc

    (408) 398-0108

    1 in this area

    29 Total Sales

    Ruben Gallego
    Section Image
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Map

Source: MLSListings

MLS Number: ML81921753

MLSListings

APN: 109-810-020

California San Mateo County Foster City 94404 Isle Cove

740 Promontory Point Ln Unit 3302, Foster City, CA

This home is located at 740 Promontory Point Ln Unit 3302, Foster City, CA 94404 since 20 April 2023 and is currently estimated at $1,550,655, approximately $697 per square foot. This property was built in 2004. 740 Promontory Point Ln Unit 3302 is a home located in San Mateo County with nearby schools including Audubon Elementary School, Bowditch Middle School, and Hillsdale High School.

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