249 Elm Street 107, San Mateo, California 94401, San Mateo, 94401 - 1 bed, 1 bath
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San Mateo, California 94401
This Centrally Located Modernized Condo is listed at $508,888, representing a stable entry point into the competitive San Mateo market relative to its $481,951 Fair Market Value. Boasting a Condition Rating of 4, the residence features a fresh interior with new paint, carpeting, and updated counters in the kitchen and bath. Residents enjoy a private balcony and premium building amenities including a swimming pool, BBQ area, and covered parking. Located steps from downtown dining and Caltrain, this home offers a high-connectivity lifestyle. It is a premier choice for urban professionals or first-time buyers seeking a move-in-ready Peninsula sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 249 Elm Street 107 Subject | $508,888* List Price | 1 | 1 | 740 | $647 | - |
A 177 N El Camino Real 2 Sold | $420,000 | 1 | 1 | 710 | $592 | 0.2 mi |
B 200 Elm Street 107 Sold | $548,888 | 1 | 1 | 865 | $635 | 0.1 mi |
C 211 S Fremont Street 314 Sold | $489,000 | 1 | 1 | 794 | $616 | 0.8 mi |
D 902 Peninsula Avenue 205 Sold | $575,000 | 1 | 1 | 693 | $830 | 0.7 mi |
E 833 N Humboldt Street 208 Active | $545,000 List Price | 1 | 1 | 693 | $786 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1975, the property has received recent cosmetic updates including new paint, carpeting, and countertops. However, the kitchen cabinets and appliances remain dated, and the overall systems and structure are nearly 50 years old, requiring further modernization to meet higher condition standards.
Situated near downtown San Mateo, this property offers exceptional walkability and access to transit, dining, and retail, making it ideal for urban professionals.
The unit features new paint, flooring, and updated countertops in both the kitchen and bathroom, providing a modern, move-in-ready aesthetic for the new owner.
Residents benefit from a comprehensive amenity package including a swimming pool, BBQ area, and secure covered parking, which adds significant lifestyle value.
Built in 1975, the property may lack the modern energy efficiencies and contemporary architectural design found in newer luxury developments.
The monthly association fee of $541 represents a significant recurring cost that buyers must factor into their overall monthly carrying costs and affordability.
Located close to downtown at 249 Elm St #107, this San Mateo residence offers a central location within the San Francisco Peninsula. Newly painted, new carpeting and floors, and new kitchen and bathroom counters give this condo a fresh look. The large living room connects to a private balcony. Residents have access to building amenities, including a swimming pool, a BBQ area, and covered parking. This home's location provides easy access to local transit options, dining, medical, and retail services. environment and local services. This residence provides a practical option for those looking to live in a well-connected part of the city.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 42% |
| Baths | 1.0 | 2.0 | 47% |
| Square foot | 740 | 975 | 31% |
| Lot Size | - | - | 50% |
| Price | $508.9K | $677.5K | 28% |
| Price per sq ft | $688 | $736 | 39% |
| Built year | 1975 | 1981 | 44% |
| HOA | $541.0 | $640 | 14% |
| Days on market | 35 | 118 | 3% |
May 2, 2026
$508,888
Initial Listing
Apr 25, 2024
$640,000
Public Record
Aug 25, 2022
$607,500
Public Record