NOT LISTED FOR SALE

Estimated Value: $1,270,000 - $1,465,983

2 Beds
2 Baths
1,414 Sq Ft
0.48 Acres

Last Sold May 05, 2016

Last sale price $1,288,000 $911 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $9,245/month

19 Days on Market

Highlights

  • Fitness Center
  • Bay View
  • Clubhouse
  • Spring Valley Elementary School Rated A-
  • 0.48 Acre Lot
  • Two Way Fireplace

About This Home

As of May 2016

Rarely for sale~luxury penthouse at 88 South Broadway with bay views! This beautiful condo sparkles. An inviting entry offers unobstructed bay views from all areas of the unit. Elegant living space with a large living room that flows seamlessly into the dining area with 3 way gas fireplace. Spacious balcony, perfect for entertaining and gazing at the bay views. The open concept includes the beautifully appointed kitchen with its casual breakfast bar, granite counters, custom cabinetry and top-quality stainless steel appliances. This residence offers an inviting environment, yet secure building that includes, soaring ceilings, crown molding, recessed lighting, and designer finishes. A Community Clubhouse, onsite gym and meeting areas are provided as well. And best of all you are located close to downtown, shopping and dining and convenient for commuters (close to Bart, Caltrain, Hwy 101 and SFO), shopping and dining.

Last Listed By

Carmen Miranda

Compass License #01065975 Listed on: 04/01/2016

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $19,545

Year Built

  • Built in 2007

Lot Details

  • 0.48

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Secured Garage or Parking
  • Guest Parking
  • On-Street Parking
  • Assigned Parking

Property Views

  • Bay
  • City Lights

Home Design

  • Mediterranean Architecture
  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 1,414 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Decorative Fireplace
  • Two Way Fireplace
  • Gas Fireplace
  • Breakfast Room
  • Washer and Dryer

Kitchen

  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Marble Bathroom Countertops
  • Dual Sinks
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 104-530-220

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area electricity, exterior painting, garbage, insurance - common area, insurance - liability, insurance - structure, landscaping / gardening, maintenance - common area, maintenance - exterior, management fee, water / sewer
  • 105 Units
  • 88 So. Broadway Association
  • Built by 88 So. Broadway

Amenities

  • Clubhouse
  • Meeting Room

Recreation

Property Details

Home Type

Condominium

Est. Annual Taxes

$19,545

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • Subclass: Condominium
  • Style: Mediterranean
  • Age: 9
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 105
  • Structure Sq Ft: 1414
  • Complex Name: 88 So. Broadway
  • Incorporated: Yes
  • Year Built: 2007
  • Zoning Description: condo
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Burning, Ornamental Only, Dual See Thru
  • Dining Room: Breakfast Room, Dining Bar
  • Kitchen: Countertop - Granite, Dishwasher, Microwave, Oven Range - Built-In, Gas, Refrigerator
  • Living Sq Ft: 1414
  • Stories: 1
  • Security: Secured Garage / Parking, Security Building
  • Laundry: Washer / Dryer
  • Flooring: Hardwood, Marble, Tile
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Double Sinks, Marble, Shower and Tub, Stall Shower, Tile, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tile
  • View: Bay, City Lights

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Assigned Spaces, Covered Parking, Gate / Door Opener, Guest / Visitor Parking, On Street

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 484
  • HOA Amenities: Club House, Conference Facilities, Gym / Exercise Facility
  • Association Fees Include: Common Area Electricity, Exterior Painting, Garbage, Insurance - Common Area, Insurance - Liability, Insurance - Structure, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Management Fee, Water / Sewer
  • H O A Name Text: 88 so. Broadway
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Walk-in Closet

Schools

  • School District: San Mateo Union High
  • Elementary School: Spring Valley Elementary
  • Middle School: Taylor Middle
  • High School: Mills High
  • High School: 659
  • Elementary School: 736
  • Middle School: 737

Lot Info

  • Parcel Number: 104-530-220
  • Lot Acres: 0.4820
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 20982.85
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 20982.85

Multi Family

  • Utilities: Individual Electric Meters

MLS Schools

  • High School District Text: San Mateo Union High
  • Elementary School Text: Spring Valley Elementary
  • High School Text: Mills High
  • Middle School Text: Taylor Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2016
Closed on
Apr 29, 2016
Sold by
Palanca Carlos and Palanca Criselda C
Bought by
United Health Science Inc
Seller's Agent
Carmen Miranda
Compass
Buyer's Agent
Karen Young
Compass
List Price
$1,199,888
Sold Price
$1,288,000
Premium/Discount to List
$88,112
7.34%
Total Days on Market
19
Current Estimated Value
$1,360,746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,746
Avg. Annual Appreciation
0.61%

Purchase Details

Closed on
Sep 18, 2007
Sold by
88 South Broadway Llc
Bought by
Palanca Carlos and Palanca Criselda C

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
6.35%
Mortgage Type
Negative Amortization

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
United Health Science Inc $1,288,000 North American Title Co Inc
Palanca Carlos $1,120,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Palanca Carlos $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2016 05/05/16 Sold $1,288,000 +7.3% $911 / Sq Ft
04/21/2016 04/21/16 Pending -- -- --
04/01/2016 04/01/16 For Sale $1,199,888 -- $849 / 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
2023 $19,545 $1,465,518 $439,655 $1,025,863
2022 $17,574 $1,436,784 $431,035 $1,005,749
2021 $17,393 $1,408,613 $422,584 $986,029
2020 $17,175 $1,394,170 $418,251 $975,919
2019 $16,712 $1,366,834 $410,050 $956,784
2018 $16,413 $1,340,034 $402,010 $938,024
2017 $16,065 $1,313,760 $394,128 $919,632
2016 $15,457 $1,242,726 $372,817 $869,909
2015 $12,527 $980,000 $293,500 $686,500
2014 $11,001 $840,000 $251,500 $588,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81578023

MLSListings

APN: 104-530-220