
San Mateo, California 94401
This Modern Turnkey Condominium is a Prime Investment Opportunity, listed at $998,000—positioned well below the $1,019,065 Fair Market Value by 2%. This valuation gap provides $21,065 in Instant Equity for a residence in Mint Condition. The 1,348 sq ft layout features a recently updated kitchen, new carpeting, and a private balcony. Residents benefit from secure elevator access and proximity to Aragon High School. This home is a perfect fit for Urban Professionals or Owner-Occupants seeking a sophisticated, move-in-ready lifestyle near downtown San Mateo.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 111 Saint Matthews Ave 304 Subject | $998,000* List Price | 2 | 2 | 1,348 | $771 | - |
A 58 E Poplar Avenue 3 Sold | $1,060,000 | 2 | 2 | 1,367 | $775 | 0.4 mi |
B 21 Tidal Way Sold | $1,110,000 | 2 | 3 | 1,235 | $899 | 0.8 mi |
C 10 9th Avenue 107 Sold | $1,200,000 | 2 | 2 | 1,549 | $775 | 0.7 mi |
D 249 Elm Street 104 Sold | $860,000 | 2 | 2 | 1,060 | $811 | 0.3 mi |
E 601 Laurel Avenue 602 Sold | $1,000,000 | 2 | 2 | 1,325 | $755 | 0.5 mi |
F 200 Elm Street 102 Sold | $828,000 | 3 | 2 | 1,460 | $567 | 0.2 mi |
G 1 Baldwin Avenue 903 Active | $998,000 List Price | 2 | 2 | 1,429 | $698 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 2000, the property features a recently updated kitchen with modern two-tone cabinetry and stone countertops, along with brand-new carpeting throughout. The unit is in mint, move-in-ready condition with no visible maintenance needs, qualifying it for the top tier due to recent renovations.
Situated near downtown San Mateo and Caltrain, this property offers exceptional access to urban amenities and major Silicon Valley commute routes, ideal for professionals.
The 1,348 sq ft open-concept layout features an updated kitchen and new carpeting, providing a move-in-ready experience with significantly more space than typical two-bedroom units.
Residents benefit from secure elevator access, two dedicated parking spaces, and in-unit laundry, which are highly sought-after features in a dense urban market.
The monthly association fee of $962 is relatively high, which may impact the overall monthly affordability and debt-to-income ratio for potential buyers.
While the local high school is highly rated, the assigned elementary school has a lower rating of 3, which could be a drawback for families with young children.
Welcome to easy, elevated living in this bright and airy 2BD/2BA condo offering 1,348 sq ft of thoughtfully designed single-level space in a secure elevatorbuilding. Located on the third floor, the open-concept layout features new carpet and an updated kitchen that flows seamlessly into the living and diningareas—ideal for everyday living and entertaining. Large bedroom windows fill the home with natural light, while a private balcony provides the perfect spotfor morning coffee. Additional highlights include in-unit laundry, two dedicated parking spaces, and access to a beautifully maintained courtyard.Conveniently located near downtown amenities, parks, Caltrain, and major commute routes, offering an easy and connected San Mateo lifestyle.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades K-5 • 0.9 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,348 | 986.5 | 72% |
| Lot Size | 37,687 | 535 | 97% |
| Price | $998.0K | $684.0K | 75% |
| Price per sq ft | $740 | $745 | 50% |
| Built year | 2000 | 1982 | 92% |
| HOA | $962.0 | $666 | 83% |
| Days on market | 51 | 123 | 6% |
Apr 24, 2026
$998,000
Initial Listing
May 18, 2018
$1,073,000
Public Record
Oct 29, 2012
$650,000
Public Record
Apr 28, 2000
$470,000
Public Record