1795 Rex Street, San Mateo, California 94403, San Mateo, 94403 - 3 bed, 2 bath
ACTIVE UNDER CONTRACT$1,399,000$1,220/sqft
Est. Value: $1,405,447
%
FairlyEstimate
1795 Rex Street, San Mateo, California 94403
3Beds
2Baths
1,220Sqft
5,360Lot
Price Vs. Estimate
The estimated value ($1,405,447.375) is $6,447.375 (0%) lower than the list price ($1,399,000). This property may be overpriced.
Key pros and cons
Top Pros:
Prime San Mateo Location: The property is situated in San Mateo, a highly desirable Bay Area city known for its strong job market, amenities, and quality of life.
Top Cons:
Older Construction & Potential for Updates: Built in 1954, the property likely requires significant investment for modern updates to systems, finishes, and overall aesthetics to meet contemporary buyer expectations.
Compared to the nearby listings
Price:$1.40M vs avg $2.15M ($-753,500)10%
Size:1,220 sqft vs avg 1,700 sqft19%
Price/sqft:$1.1K vs avg $1.2K32%
More Insights
This property has been on the market for 15 days.
Built in 1954 (72 years old).
Condition: Built in 1954, this property is 70 years old. While the exterior appears well-maintained with a newer-looking garage door, the MLS analysis explicitly states 'Older Construction & Potential for Updates' and that it 'likely requires significant investment for modern updates to systems, finishes, and overall aesthetics.' This indicates that major components like the kitchen, bathrooms, and other systems are likely outdated and would require significant renovation to meet contemporary standards, aligning with the 'Fair' condition criteria of being aged, maintained through regular upkeep, but showing signs of being outdated.
Year Built
1954
Close
-
List price
$1.4M
Original List price
$1.4M
Price/Sqft
$1,147
HOA
-
Days on market
15 Days
Sold On
2026-01-23
MLS number
ML82030641
Home ConditionFair
Features
View-
About this home
COMP PURPOSES ONLY. SOLD OFF-MARKET.
S
Stanley Lo
Listing Agent
Nearby schools
4/10
Parkside Elementary School
Public,•K-5•0.4mi
2/10
Horrall Elementary School
Public,•K-5•1.0mi
7/10
Bayside S.T.E.M. Academy
Public,•6-8•0.8mi
8/10
Aragon High School
Public,•9-12•1.8mi
Price History
Date
Event
Price
03/17/06
Sold
$750,000
Condition Rating
Fair
Built in 1954, this property is 70 years old. While the exterior appears well-maintained with a newer-looking garage door, the MLS analysis explicitly states 'Older Construction & Potential for Updates' and that it 'likely requires significant investment for modern updates to systems, finishes, and overall aesthetics.' This indicates that major components like the kitchen, bathrooms, and other systems are likely outdated and would require significant renovation to meet contemporary standards, aligning with the 'Fair' condition criteria of being aged, maintained through regular upkeep, but showing signs of being outdated.
Pros & Cons
Pros
Prime San Mateo Location: The property is situated in San Mateo, a highly desirable Bay Area city known for its strong job market, amenities, and quality of life.
Strong High School Rating: Proximity to Aragon High School, rated 8/10, is a significant advantage, appealing to families prioritizing excellent secondary education.
Quick Market Absorption: The property went under contract in just 15 days, indicating robust buyer demand and competitive pricing in the current market.
Single-Family Residence: As a single-family home, this property type consistently commands high demand and value in the competitive Bay Area real estate market.
Generous Lot Size: The 5,360 sqft lot offers ample outdoor space for landscaping, recreation, or potential future expansion, adding significant value.
Cons
Older Construction & Potential for Updates: Built in 1954, the property likely requires significant investment for modern updates to systems, finishes, and overall aesthetics to meet contemporary buyer expectations.
Limited Interior Square Footage: At 1,220 sqft, the interior living space is relatively compact for a 3-bedroom, 2-bathroom home, which may be a consideration for buyers seeking more spacious living areas in this price range.
Lower-Rated Elementary Schools: The nearby elementary schools, Horrall (2/10) and Parkside (4/10), have lower ratings, which could be a drawback for families prioritizing top-tier primary education.