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401 S Norfolk Street 123, San Mateo, California 94401, San Mateo, 94401 - 1 bed, 1 bath

401 S Norfolk Street 123, San Mateo, California 94401 home-pic-0
ACTIVE$579,000
401 S Norfolk Street 123, San Mateo, California 94401
1Bed
1Bath
734Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Exceptional Location & Connectivity: Strategically positioned between San Francisco and Silicon Valley, this property offers excellent walkability to shopping, restaurants, and public transit, coupled with easy freeway access (Hwy 101 & 92) and proximity to recreational areas like Bay Trail.
Top Cons:
High Monthly Association Fee: The $675.0 monthly association fee is substantial for a 1-bedroom unit, which could be a significant ongoing cost for potential buyers and impact affordability.

Compared to the nearby listings

Price:$579.0K vs avg $522.5K (+$56,500)56%
Size:734 sqft vs avg 995 sqft22%
Price/sqft:$789 vs avg $66978%

More Insights

Built in 2002 (23 years old).
Condition: This property, built in 2002, is 22 years old but presents as move-in ready with no immediate renovations required. The interior features updated laminate/engineered wood flooring throughout, fresh light gray paint, and a modern ceiling fan in the living area. The kitchen boasts stainless steel appliances, white shaker-style cabinets, and granite countertops, all appearing clean and well-maintained. While the kitchen's fluorescent light fixture and the bathroom's specific style (unseen but described as having a full tub) might not be ultra-modern, they are functional and in good condition. The property shows minimal wear and tear, aligning with a home that has been well-maintained and has seen some component updates, fitting the 'Good' condition criteria.
Year Built
2002
Close
-
List price
$579K
Original List price
$649K
Price/Sqft
$789
HOA
$675
Days on market
-
Sold On
-
MLS number
ML82014166
Home ConditionGood
Features
Patio
View-

About this home

This charming end-unit condo offers a bright, spacious layout with vaulted ceilings and an abundance of natural light throughout. The open-concept living and dining area is perfect for entertaining, while the kitchen features generous cabinet space and a breakfast bar that comfortably seats four. The spacious bedroom includes ample closet space, and the oversized bathroom features a full tub for your comfort. Enjoy the convenience of in-unit laundry, a private rear patio ideal for morning coffee or evening grilling, and direct street access from your own entrance. Additional highlights include secure garage parking, a large, gated front courtyard that offers a peaceful place to relax, and a Community Room that's perfect for private gatherings. Located within walking distance of shopping, restaurants, and public transit, this home also offers easy access to Hwy 101 and 92 making commuting a breeze. Outdoor enthusiasts will love being just minutes from Bay Trail, Ryder Park, and Mariners Island. Best of all, you're ideally positioned between San Francisco and Silicon Valley, with downtown San Mateo's vibrant dining and amenities right nearby. Don't miss this opportunity to own a beautifully maintained home in an unbeatable location!

Nearby schools

2/10
Horrall Elementary School
Public,•K-5•0.5mi
4/10
Parkside Elementary School
Public,•K-5•1.0mi
7/10
Bayside S.T.E.M. Academy
Public,•6-8•0.9mi
7/10
San Mateo High School
Public,•9-12•1.2mi
8/10
Aragon High School
Public,•9-12•1.7mi
Condition Rating
Good
This property, built in 2002, is 22 years old but presents as move-in ready with no immediate renovations required. The interior features updated laminate/engineered wood flooring throughout, fresh light gray paint, and a modern ceiling fan in the living area. The kitchen boasts stainless steel appliances, white shaker-style cabinets, and granite countertops, all appearing clean and well-maintained. While the kitchen's fluorescent light fixture and the bathroom's specific style (unseen but described as having a full tub) might not be ultra-modern, they are functional and in good condition. The property shows minimal wear and tear, aligning with a home that has been well-maintained and has seen some component updates, fitting the 'Good' condition criteria.
Pros & Cons

Pros

Exceptional Location & Connectivity: Strategically positioned between San Francisco and Silicon Valley, this property offers excellent walkability to shopping, restaurants, and public transit, coupled with easy freeway access (Hwy 101 & 92) and proximity to recreational areas like Bay Trail.
Bright & Spacious End-Unit Design: As an end-unit condo, it benefits from a bright, open-concept layout with vaulted ceilings and an abundance of natural light throughout, enhancing the sense of space and comfort.
Private Outdoor & Community Amenities: The unit features a private rear patio and a large, gated front courtyard, offering personal outdoor relaxation spaces, complemented by a Community Room for private gatherings.
Convenient & Secure Living: Key conveniences include in-unit laundry, secure garage parking, and direct street access from its own entrance, providing a townhome-like feel and enhanced security.
Well-Maintained & Functional Interior: The home is beautifully maintained, featuring a functional kitchen with generous cabinet space and a breakfast bar, a spacious bedroom with ample closets, and an oversized bathroom with a full tub.

Cons

High Monthly Association Fee: The $675.0 monthly association fee is substantial for a 1-bedroom unit, which could be a significant ongoing cost for potential buyers and impact affordability.
History of Price Reductions: The property has undergone multiple price reductions from its original list price of $649,000 to $579,000, potentially indicating initial overpricing or challenges in attracting buyer interest.
Limited Unit Size & Configuration: As a 1-bedroom, 734 sqft condo, its smaller footprint and single-bedroom layout may limit the target buyer pool, particularly for those seeking more expansive living spaces or additional rooms.

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