1502 S Delaware Street, San Mateo, California 94402, San Mateo, 94402 - 4 bed, 3 bath
ACTIVE$1,999,000$2,232/sqft
Est. Value: $2,101,711
5%
BelowEstimate
1502 S Delaware Street, San Mateo, California 94402
4Beds
3Baths
2,232Sqft
5,000Lot
Price Vs. Estimate
The estimated value ($2,101,710.515) is $102,710.515 (5%) higher than the list price ($1,999,000). This property may be underpriced.
Key pros and cons
Top Pros:
Income Potential & Flexibility: The property features an attached bonus space/ADU with a separate bedroom, bathroom, and kitchen, offering significant flexibility for extended family living, guest accommodation, or potential rental income.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 2232, other record living area = 1640.
Compared to the nearby listings
Price:$2.00M vs avg $2.55M ($-551,000)13%
Size:2,232 sqft vs avg 1,860 sqft63%
Price/sqft:$896 vs avg $1.3K2%
More Insights
Built in 1946 (80 years old).
Condition: Despite being built in 1946, this property has been 'recently upgraded' and is 'move-in ready' as stated in the description. The main kitchen features updated dark wood cabinetry, modern subway tile backsplash, stainless steel appliances, and light countertops. The main bathrooms also show recent renovations with modern tiling, vanities, and fixtures. Flooring consists of well-maintained hardwood and new-looking carpet. The ADU kitchen and bathroom are functional and updated, though the ADU kitchen appliances are white and the cabinetry style differs slightly from the main house. Overall, the property presents as well-maintained with significant recent updates, aligning with the 'Good' condition criteria.
Year Built
1946
Close
-
List price
$2M
Original List price
$2M
Price/Sqft
$896
HOA
-
Days on market
-
Sold On
-
MLS number
ML82031497
Home ConditionGood
Features
Deck
Patio
View-
About this home
Recently upgraded, this San Mateo home is move-in ready with 4 bedrooms and 3 baths plus an attached bonus space/ADU with additional bedroom, bathroom and kitchen offering maximum flexibility and room for extended family or rental income. Cozy living room with hardwood flooring and fireplace flows to breakfast nook and updated chefs kitchen with ample storage. Flexible floor plan includes a downstairs bedroom with patio access, ideal for guests, office, or multi-generational living. Upstairs offers 2 spacious bedrooms with hall bath, plus a private split-level primary suite with walk-in closet and en-suite bathroom featuring dual sinks and soaking tub. Oversized ADU with full bathroom, kitchen, washer/dryer hookups and private entrance great for extended family or added flexibility. Private backyard with lawn and orange/lemon trees, perfect for entertaining. Attached 1-car garage. Convenient access to Downtown San Mateo and Hwy 92 for easy Peninsula commuting.
D
Dana Carmel
Listing Agent
Nearby schools
3/10
Sunnybrae Elementary School
Public,•K-5•0.3mi
6/10
Borel Middle School
Public,•6-8•0.8mi
8/10
Aragon High School
Public,•9-12•1.1mi
Price History
Date
Event
Price
01/28/98
Sold
$285,000
06/24/21
Sold
$1,850,000
08/14/13
Sold
$796,500
Condition Rating
Good
Despite being built in 1946, this property has been 'recently upgraded' and is 'move-in ready' as stated in the description. The main kitchen features updated dark wood cabinetry, modern subway tile backsplash, stainless steel appliances, and light countertops. The main bathrooms also show recent renovations with modern tiling, vanities, and fixtures. Flooring consists of well-maintained hardwood and new-looking carpet. The ADU kitchen and bathroom are functional and updated, though the ADU kitchen appliances are white and the cabinetry style differs slightly from the main house. Overall, the property presents as well-maintained with significant recent updates, aligning with the 'Good' condition criteria.
Pros & Cons
Pros
Income Potential & Flexibility: The property features an attached bonus space/ADU with a separate bedroom, bathroom, and kitchen, offering significant flexibility for extended family living, guest accommodation, or potential rental income.
Move-in Ready & Upgraded Interiors: Recently upgraded and described as 'move-in ready,' the home boasts an updated chef's kitchen with ample storage and hardwood flooring, minimizing immediate renovation costs for buyers.
Versatile Floor Plan: A flexible floor plan includes a convenient downstairs bedroom with patio access, ideal for guests, a home office, or multi-generational living arrangements.
Luxurious Primary Suite: The private split-level primary suite offers a walk-in closet and an en-suite bathroom with dual sinks and a soaking tub, providing a comfortable and private retreat.
Prime Commuter Location: Convenient access to Downtown San Mateo and Highway 92 ensures easy commuting throughout the Peninsula, a significant advantage for Bay Area professionals.
Cons
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 2232, other record living area = 1640.
Older Construction: Built in 1946, the property's age, despite recent upgrades, may suggest potential for older infrastructure or systems that could require future maintenance or updates not explicitly covered by current renovations.
Limited Garage Capacity: The attached 1-car garage may be insufficient for families with multiple vehicles or those requiring additional storage space, which could be a drawback in this market.
Elementary School Rating: Sunnybrae Elementary School, serving the property, has a rating of 3, which might be a concern for families prioritizing highly-rated elementary education, despite strong middle and high school options.