NOT LISTED FOR SALE

740 Promontory Point Ln Unit 3306 Foster City, CA 94404

Isle Cove Neighborhood

Estimated Value: $1,438,000 - $1,599,000

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

Last Sold October 20, 2022

Last sale price $1,519,999 $683 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $10,332/month

26 Days on Market

Highlights

  • High Ceiling
  • Granite Countertops
  • Formal Dining Room
  • Audubon Elementary School Rated A
  • Den
  • Walk-In Closet

About This Home

As of October 2022

Private and secure, this expansive 3rd-floor unit has it all! Step into the grand marble floor foyer where you'll be greeted by warm and inviting designer touches and Lagoon views throughout. Fabulous open and spacious living and dining room with built-ins and architectural nuances. A reimagined gourmet kitchen with a Sub-Zero refrigerator, 6 burner w/ griddle, double oven, 48in Viking range, an island with a prep sink, complete with granite slab countertops and backsplash. A Luxurious owners suite with a spa bathroom, separate free-standing soaking tub, and large walk-in closet. Additional bedroom and separate office with a jack and jill bathroom. Walk out to your covered balcony with sweeping water views. Extras include AC, an in-unit laundry room with sink and cabinets, wine refrigerator, a community gym, pool, and clubhouse. (tax records show as 2 bedroom and office) 3D tour and Floorplan can be found property website.

Last Agent to Sell the Property

Julie Flouty

Compass License #01901710 Listed on: 09/08/2022

Compass

Last Buyer's Agent

Vicky Yu

Compass License #02002759

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,568

Year Built

  • 2004

Lot Details

  • 7.95

HOA Fees

  • $1,000 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Secured Garage or Parking
  • Assigned Parking

Interior Spaces

  • 2,224 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Gas Log Fireplace
  • Formal Dining Room
  • Den
  • Security Gate

Kitchen

  • Built-In Oven
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in Utility Room
  • Washer and Dryer

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan

Community Details

Overview

  • Association fees include common area electricity, common area gas, exterior painting, garbage, insurance - common area, maintenance - common area, maintenance - road, pool spa or tennis, roof
  • Manor Associates Association

Pet Policy

  • Pets Allowed

Security

  • Controlled Access
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,568

Year Built

2004

Lot Details

0

HOA Fees

$1,000 per month

Parking

2

Listing Details

  • Zoning: M10000
  • Subclass: Condominium
  • Restrictions: Pets - Allowed, Pets - Rules
  • Age: 18
  • Listing Class: Residential
  • Structure Sq Ft: 2224
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2004

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Log
  • Dining Room: Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Oven - Built-In, Oven Range - Gas, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 2224
  • Stories: 1
  • Security: Controlled / Secured Access, Fire Alarm, Fire System - Sprinkler, Secured Garage / Parking
  • Laundry: In Utility Room, Washer / Dryer
  • Additional Rooms: Den / Study / Office
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Shower And Tub, Stall Shower

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Assigned Spaces

Utilities

  • Cooling System: Central Ac
  • Heating System: Forced Air
  • Sewer/Septic System: Sewer Connected

Condo/Co-op/Association

  • Complex Name: Promontory Point
  • HOA Fees: 1000
  • HOA Documents: Articles Of Incorporation, Budget, Bylaws, Cc&rs, Financial Statement, Reserve Study, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Common Area Gas, Exterior Painting, Garbage, Insurance - Common Area, Maintenance - Common Area, Maintenance - Road, Pool, Spa, Or Tennis, Roof
  • HOA Exist: Yes
  • H O A Name Text: Manor Associates

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Security Gate, Walk-In Closet

Schools

  • School District: San Mateo Union High

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2022
Closed on
Oct 10, 2022
Sold by
Gray Family Trust and Gray Karl E
Bought by
2008 Polly Wanyin Chen Trust and Chen
Seller's Agent
Julie Flouty
Compass
Buyer's Agent
Vicky Yu
Compass
List Price
$1,580,000
Sold Price
$1,519,999
Premium/Discount to List
-$60,001
-3.8%
Views
16
Current Estimated Value
$1,508,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,896
Avg. Annual Appreciation
0.24%

Purchase Details

Closed on
Mar 24, 2006
Sold by
Hariri Farhad and Hariri Mojgan
Bought by
Gray Karl E and Gray Marlene S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$787,500
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 21, 2005
Sold by
Hariri Farhad and Hariri Mojgan
Bought by
Tsai Chang Kunie and Tsai Chang Elaine

Purchase Details

Closed on
Dec 10, 2004
Sold by
Promontory Hillsdale Llc
Bought by
Hariri Farhad and Hariri Mojgan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
5.25%
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
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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
2008 Polly Wanyin Chen Trust $1,520,000 Doma Title
Gray Karl E $1,125,000 Commonwealth Land Title Co
Tsai Chang Kunie $1,130,000 Commonwealth Title
Hariri Farhad $1,200,000 --
Promontory Hillsdale Llc -- Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gray Karl E $2,025,000
Previous Owner Gray Karl E $625,525
Previous Owner Gray Karl E $480,600
Previous Owner Gray Karl E $500,000
Previous Owner Gray Karl E $250,000
Previous Owner Gray Karl E $787,500
Previous Owner Hariri Farhad $750,000
Previous Owner Promontory Hillsdale Llc $17,500,000
Closed Hariri Farhad $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2022 10/20/22 Sold $1,519,999 -3.8% $683 / Sq Ft
10/05/2022 10/05/22 Pending -- -- --
09/08/2022 09/08/22 For Sale $1,580,000 -- $710 / 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 $15,568 $1,383,731 $1,081,387 $302,344
2023 $15,568 $1,519,999 $456,000 $1,063,999
2022 $17,195 $1,448,721 $434,614 $1,014,107
2021 $16,974 $1,420,316 $426,093 $994,223
2020 $16,507 $1,405,753 $421,724 $984,029
2019 $15,637 $1,378,190 $413,455 $964,735
2018 $15,067 $1,351,168 $405,349 $945,819
2017 $14,898 $1,324,675 $397,401 $927,274
2016 $13,693 $1,200,000 $359,500 $840,500
2015 $13,242 $1,170,000 $350,500 $819,500
2014 $9,511 $840,000 $251,500 $588,500
Source: Public Records

Agents Affiliated with this Home

  • Julie Flouty

    Seller's Agent in 2022

    Julie Flouty

    Compass

    (650) 504-6900

    13 in this area

    191 Total Sales

    Julie Flouty
    Section Image

  • V

    Buyer's Agent in 2022

    Vicky Yu

    Compass

    Section Image
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Map

Source: MLSListings

MLS Number: ML81906587

MLSListings

APN: 109-810-060

California San Mateo County Foster City 94404 Isle Cove

740 Promontory Point Ln Unit 3306, Foster City, CA

This home is located at 740 Promontory Point Ln Unit 3306, Foster City, CA 94404 since 08 September 2022 and is currently estimated at $1,508,103, approximately $678 per square foot. This property was built in 2004. 740 Promontory Point Ln Unit 3306 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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