111 Saint Matthews Avenue 402, San Mateo, California 94401, San Mateo, 94401 - 3 bed, 2 bath
111 Saint Matthews Avenue 402
San Mateo, California 94401
Property Price
SUMMARY
Analysis of 111 Saint Matthews Avenue 402, San Mateo, California 94401 is currently available with a list price of $1,298,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the San Mateo Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property was built in 2000, making it 24 years old, which falls into the 'fair' category based on the provided age criteria (over 20 years). While the listing describes it as a luxury building and it appears well-maintained with features like granite countertops, 10-foot ceilings, and a primary suite with a dual-sink vanity, there is no mention of a recent comprehensive renovation. The style and components, such as the wood-burning fireplace and original kitchen layout, reflect the construction era rather than modern standards, though the unit remains move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Premium Top-Floor Living
As a spacious top-floor unit with 10-foot ceilings and nearly 1,700 square feet of single-level living space, this residence offers a rare sense of volume, light, and privacy with no neighbors above.
- Modern Amenities and Parking
The property is well-equipped for modern comfort with central air conditioning, a wood-burning fireplace, and the significant advantage of two deeded secure underground parking spaces plus extra storage.
- Prime San Mateo Location
Ideally situated moments from Central Park and downtown dining and shopping, the property offers an exceptional walk score and access to highly-rated schools like Aragon High.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1674, other record lot size in square feet = 37687.
- High Monthly Carrying Costs
The monthly association fee of $1,049 is substantial, which may impact the overall affordability and debt-to-income ratios for prospective buyers.
- Elementary School Rating
While the high school ratings are strong, the assigned elementary school has a lower rating of 3, which could be a concern for families prioritizing early-stage public education.
About 111 Saint Matthews Avenue 402
Enjoy an elevated lifestyle where convenience and entertainment are just outside your door. This top-floor, spacious 3-bedroom, 2-bath condominium is located within one of San Mateo's most desirable luxury buildings and offers an exceptional location. With approximately 1,670 square feet of light-filled space, this single-level home boasts nearly 10' high ceilings in a secure building of just 34 residences across four floors. The kitchen features granite counters, sliding pantry racks, and a raised bar for casual dining or entertaining. The living and dining room has a wood-burning fireplace and a sliding glass door that opens to a balcony, great for year-round enjoyment. The primary suite includes a walk-in closet, plantation shutters, a glass-enclosed shower, and a dual-sink vanity. There are two additional bedrooms and a bathroom down a separate hallway. Amenities include air conditioning, secured underground parking with two deeded spaces, extra storage, pet-friendly policies, and a beautifully maintained garden courtyard with a lawn area at the rear of the building. This home is a rare offering in a prime setting just moments from dining, shopping, fitness studios, and Central Park.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2000
- Lot Size
- 1,674 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1049.0 / Month
Neighborhood Insights
San Mateo Unified Schools
San Mateo Park Elementary School
Grades K-5 • 0.9 mi
Sunnybrae Elementary School
Grades K-5 • 0.9 mi
Baywood Elementary School
Grades K-5 • 1.0 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 96% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,673 | 1,097.5 | 93% |
| Lot Size | 1,674 | - | 91% |
| Price | $1.30M | $526.5K | 91% |
| Price per sq ft | $776 | $600 | 78% |
| Built year | 2000 | 1988 | 91% |
| HOA | $1049.0 | $1.0K | 50% |
| Days on market | 8 | 214 | 2% |
Pricing History
Listed for Sale
Feb 27, 2026
$1,298,000
Initial Listing
Sold
May 5, 2016
$1,248,000
Public Record
Sold
Apr 14, 2000
$580,000
Public Record