See Home Value
$1,581,146*
House - Off Market

248 E 40th AVE

SAN MATEO, CA 94403
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1330 Sqft
$1,436,000 - $1,754,000
Reference Base Price*
-0.87%
Since Nov 1, 2023
CA-San Francisco
Primary Model
Sold Nov 27, 2023
$1,630,000
$1,304,000 by Summit Mortgage Bankers, Inc.
Mortgage Due Dec 01, 2053
Sold May 24, 2019
$9,000
$896,000 by Wells Fargo Bank Na
Mortgage Due Jun 01, 2049

About This Property

Welcome to 248 E 40th Avenue. This 3-bedroom, 2-bathroom ranch-style home offers 1330 sqft of living space with new flooring throughout, a freshly painted interior and exterior, and flexible family room space off of the kitchen. Additionally, there is a convenient work shop connected to the garage, plus a detached office for you to quietly and functionally work from home. The kitchen is equipped with updated appliances and plenty of cabinet space with a view of the back yard where you'll find an outdoor kitchen and a low-maintenance patio perfect for hosting outdoor gatherings, as well as several fruit trees and raised planters for your enjoyment. Situated in the Village neighborhood of San Mateo, you'll enjoy the convenience of nearby parks, schools, shopping, and easy access to major commuter routes.

The manager has listed the unit size as 1330 square feet.
Unit Size
1,330Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$1,199
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1951

Price History

Date / Event Date Event Price
Nov 27, 2023 Sold to Malavarayan Sankarasubraman... $1,630,000
Sold to Malavarayan Sankarasubraman...
Oct 31, 2023 No longer available -
No longer available
Oct 30, 2023 In contract -
In contract
Oct 20, 2023 Listed $1,595,000
Listed
Jun 15, 2022 No longer available -
No longer available
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 300
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 4,960
  • Lot Size Depth Feet: 800
  • Lot Size Frontage Feet: 620
  • Total Building Area: 1,330
  • Gross Building Area: 1,330
  • Building Area: 1,330
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,330
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SAN MATEO VILLAGE UNIT NO 3
  • Land Acres: 0.114
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 2 BLOCK 27A RESUB BLOCKS 25 26 27 & PTN BLOCKS 11 24 28 SAN MATEO VILLAGE UNIT NO 3 RSM 31/46 CITY OF SAN MATEO

Ownership

  • Current Owner : SANKARASUBRAMANIAN MALAVARAYAN
  • Current Owner 2: PARAMESWARAN VIDHYA
  • Previous Owner : GILBERT BRETT L
  • Previous Owner 2: GILBERT XUEFEI
  • Owner Before Previous Owner: GILBERT BRETT L
  • Owner Before Previous Owner 2: LU XUEFEI
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: San Mateo-Foster City Elementary School District
  • Census Tract: 608501

Zoning

  • Zoning: R10006

Geography

  • Assessors Map Reference: 33-A2
  • Parcel: 040-198-020
  • Block: 27A,2
  • Lot: 2
  • Latitude: 37.5341
  • Longitude: -122.287

    Address

  • Full Address: 248 E 40th Ave
  • Address - House Number: 248
  • Street Direction: E
  • Address - Street Name: 40th
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: San Mateo
  • Carrier Code: C011
  • 4-Digit Zip Code: 3662
  • Zip Code: 94403

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $19,156
  • Tax Rate Code Area: 12-002

    Appraisal Valuation

  • Standard Deviation: 0.0851
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 93
  • Final Value: 1,682,139
  • High Value: 1,825,419
  • Low Value: 1,538,860

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,304,000
  • First Open Lien Mortgage Lender: SUMMIT MORTGAGE BANKERS, INC.
  • First Open Lien Mortgage Recording Date: Nov 27, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,304,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2053

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,471,648
  • Assessed Land Value: $1,051,178
  • Assessed Improvements Value: $420,470

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 21, 2023
  • Current Sale Recording Date: Nov 27, 2023
  • Current Sale Transaction ID: 11918103556
  • Current Sale Price: $1,630,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 62561
  • Previous Sale Recording Date: May 24, 2019
  • Previous Sale Contract Date: May 18, 2019
  • Previous Sale Amount: $9,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: SUMMIT MORTGAGE BANKERS, INC.
  • First Mortgage Transaction Date: Nov 27, 2023
  • First Mortgage Loan Amount: $1,304,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2053

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: May 24, 2019
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $896,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Jun 01, 2049



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Hillsdale


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Unit for rent at 1101 Park Pl., San Mateo, CA, 94403

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Frequently Asked Questions

When was property at 248 East 40th Avenue built and last sold?
The property at 248 East 40th Avenue was built in 1951 and last sold on Nov 21, 2023 for $1,630,000.
How much is this home worth?
The estimated value of the home located at 248 East 40th Avenue is $1,615,766.
What are some comparable homes to 248 East 40th Avenue?
There are currently no comparable homes to 248 East 40th Avenue.

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