NOT LISTED FOR SALE

Estimated Value: $738,000 - $1,115,000

2 Beds
2 Baths
1,033 Sq Ft
0.53 Acres

Last Sold October 22, 2015

Last sale price $748,000 $724 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $5,977/month

10 Days on Market

Highlights

  • Cabana
  • Gated Community
  • Post and Beam
  • Borel Middle School Rated A-
  • 0.53 Acre Lot
  • 3-minute walk to San Mateo Central Park

About This Home

As of October 2015

Location at its best! Beautifully remodeled 2 bed/2 bath condo just a stone’s throw to Central Park and a short walk to great restaurants and shopping in downtown San Mateo. Floor to ceiling windows bring an abundance of natural light to this corner unit with only one shared wall. Bamboo flooring, quartz countertops, custom lighting, stainless steel appliances, and custom cabinetry w/self-closing drawers. Complex features garden, pool, intercom system, underground parking, elevator, & additional storage.

Last Agent to Sell the Property

Rachel DiNapoli

Christie's International Real Estate Sereno License #01415869 Listed on: 09/18/2015

Christie's International Real Estate Sereno

Last Buyer's Agent

Liza Vernazza

KW Bay Area Living License #00993753

KW Bay Area Living

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,301

Year Built

  • Built in 1961

Lot Details

  • 0.53

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Secured Garage or Parking

Home Design

  • Post and Beam
  • Pillar, Post or Pier Foundation
  • Foam Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,033 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Range Hood
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Pool

  • Cabana
  • Heated In Ground Pool

Utilities

  • Floor Furnace
  • Separate Meters
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 140-590-080

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area electricity, common area gas, exterior painting, fencing, garbage, hot water, insurance - common area, insurance - hazard, insurance - structure, landscaping / gardening, maintenance - common area, maintenance - exterior, pool spa or tennis, reserves, roof, sewer, water, water / sewer
  • 36 Units
  • 808 Laurel Condominiums Association
  • Built by 808 Laurel Condominiums

Amenities

  • Laundry Facilities
  • Common Utility Room
  • Elevator
  • Community Storage Space

Recreation

  • Community Pool

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,301

Year Built

Built in 1961

Lot Details

0

Parking

1

Listing Details

  • Subclass: Condominium
  • Age: 54
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 36
  • Structure Sq Ft: 1033
  • Complex Name: 808 Laurel Condominiums
  • Year Built: 1961
  • Zoning Description: R50000
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Dining Room: Breakfast Bar, Dining "L"
  • Kitchen: Countertop - Stone, Dishwasher, Garbage Disposal, Hood Over Range, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 1033
  • Stories: 1
  • Security: Secured Garage / Parking
  • Laundry: Community Facility
  • Flooring: Carpet, Hardwood, Laminate, Tile
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Shower and Tub, Stall Shower, Updated Bath

Exterior Features

  • Foundation: Concrete Perimeter and Slab, Foundation Pillars, Post and Beam
  • Pool Description: Cabana / Dressing Room, Community Facility, Pool - Heated, Pool - In Ground
  • Roof: Foam
  • Pool: Yes

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Assigned Spaces, Common Parking Area, Covered Parking, Enclosed, Gate / Door Opener, Underground Parking

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Floor Furnace
  • Sewer/Septic System: Sewer Connected

Condo/Co-op/Association

  • HOA Fees: 385
  • HOA Amenities: Additional Storage, Common Utility Room, Community Pool, Community Security Gate, Elevator
  • Association Fees Include: Common Area Electricity, Common Area Gas, Exterior Painting, Fencing, Garbage, Hot Water, Insurance - Common Area, Insurance - Hazard, Insurance - Structure, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Pool, Spa, or Tennis, Reserves, Roof, Sewer, Water, Water / Sewer
  • H O A Name Text: 808 Laurel Condominiums
  • H O A Exist: Yes

Schools

  • School District: San Mateo Union High
  • Elementary School: Sunnybrae Elementary
  • Middle School: Borel Middle
  • High School: Aragon High
  • High School: 602
  • Elementary School: 770
  • Middle School: 610

Lot Info

  • Parcel Number: 140-590-080
  • Lot Acres: 0.5320
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 23164.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 23164.00

Multi Family

  • Utilities: Individual Electric Meters, Public Utilities

MLS Schools

  • High School District Text: San Mateo Union High
  • Elementary School Text: Sunnybrae Elementary
  • High School Text: Aragon High
  • Middle School Text: Borel Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2015
Closed on
Oct 13, 2015
Sold by
Fung Chester T and Holthaus Jennifer L
Bought by
The Desautel Family 2000 Revocable Trust
Seller's Agent
Rachel DiNapoli
Christie's International Real Estate Sereno
Buyer's Agent
Liza Vernazza
KW Bay Area Living
List Price
$649,000
Sold Price
$748,000
Premium/Discount to List
$99,000
15.25%
Current Estimated Value
$924,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,149
Avg. Annual Appreciation
1.57%
Original Mortgage
$175,000
Outstanding Balance
$138,303
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$733,597

Purchase Details

Closed on
Feb 18, 2015
Sold by
808 Laurel Apartments Inc
Bought by
Fung Chester T and Holthaus Jennifer L

Purchase Details

Closed on
Dec 3, 2004
Sold by
Debartolo Tony and Debartolo Laura
Bought by
Debartolo Tony and Debartolo Laura

Purchase Details

Closed on
Feb 13, 2003
Sold by
Revoca Cerra Ivka Conway
Bought by
The 808 Laurel Apartments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.89%
Mortgage Type
Commercial
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
The Desautel Family 2000 Revocable Trust $748,000 Lawyers Title Company Of Ca
Fung Chester T -- Fidelity National Title
Debartolo Tony -- --
The 808 Laurel Apartments Inc -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The Desautel Family 2000 Revocable Trust $175,000
Previous Owner Fung Chester T $320,000
Previous Owner Fung Chester T $346,000
Previous Owner Debartolo Tony $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2015 10/22/15 Sold $748,000 +15.3% $724 / Sq Ft
09/29/2015 09/29/15 Pending -- -- --
09/18/2015 09/18/15 For Sale $649,000 -- $628 / 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 $11,301 $885,472 $265,640 $619,832
2023 $11,301 $851,090 $255,326 $595,764
2022 $10,956 $834,403 $250,320 $584,083
2021 $10,681 $818,043 $245,412 $572,631
2020 $0 $809,656 $242,896 $566,760
2019 $10,018 $793,782 $238,134 $555,648
2018 $9,457 $778,218 $233,465 $544,753
2017 $9,112 $762,960 $228,888 $534,072
2016 $9,042 $748,000 $224,400 $523,600
2015 $5,923 $478,691 $143,607 $335,084
2014 $5,807 $469,315 $140,794 $328,521
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81515179

MLSListings

APN: 140-590-080