430 Grand Boulevard 3, San Mateo, California 94401, San Mateo, 94401 - 1 bed, 1 bath

430 Grand Boulevard 3, San Mateo, California 94401 home-pic-0
ACTIVE$529,000
430 Grand Boulevard 3, San Mateo, California 94401
1Bed
1Bath
710Sqft
Lot

Price Vs. Estimate

The estimated value ($510,529.635) is $18,470.365 (3%) lower than the list price ($529,000). This property may be overpriced.

Key pros and cons

Top Pros:
Exceptional Walkability & Transit Access: The property boasts outstanding walkability to Downtown San Mateo, Downtown Burlingame, Coyote Point Recreation Area, and is minutes from Caltrain, shopping, and dining, making commuting and leisure highly convenient.
Top Cons:
High Monthly HOA Dues: The association fee of $513.0 per month is substantial for a 1-bedroom unit, significantly impacting overall housing costs.

Compared to the nearby listings

Price:$529.0K vs avg $522.5K (+$6,500)52%
Size:710 sqft vs avg 995 sqft20%
Price/sqft:$745 vs avg $66966%

More Insights

Built in 1977 (48 years old).
Condition: Built in 1977, this condo is well-maintained and functional, but the kitchen and bathroom show significant signs of being outdated. The kitchen features newer black/stainless steel appliances, but the white flat-panel cabinets, laminate countertops, and ceramic tile flooring are dated. The bathroom also has dated ceramic tile and a tub with a sliding glass door. While clean and move-in ready, these key areas would benefit from cosmetic updates to meet current aesthetic standards. The wall-mounted heating system also indicates an older infrastructure.
Year Built
1977
Close
-
List price
$529K
Original List price
$529K
Price/Sqft
$745
HOA
$513
Days on market
-
Sold On
-
MLS number
ML82022875
Home ConditionFair
Features
View-

About this home

This charming 1-bed, 1-bath condo, featuring six large windows that fill the space with natural light, is located in the second floor on a gated community and offers an ideal opportunity for a first-time homebuyer. The condo is located in San Mateo and includes one covered parking space, a spacious storage room right in front of the parking spot, and its own washer and dryer inside the unit. This quiet condo has no neighbors above or below and shares only one wall with the adjacent unit. Enjoy easy access to shopping centers, restaurants, parks, and top-rated colleges, all just minutes away. With Caltrain stations nearby, commuting is a breeze. Plus, it's a short 10 minute walk to the Coyote Point Recreation Area offering an amazing view of the Bay. Also, a 15-minute walk to both Downtown San Mateo and Downtown Burlingame, offering a blend of convenience and community.

Nearby schools

4/10
San Mateo Park Elementary School
Public,K-50.7mi
6/10
Baywood Elementary School
Public,K-51.6mi
2/10
Horrall Elementary School
Public,K-51.7mi
5/10
Meadow Heights Elementary School
Public,K-52.7mi
5/10
Beresford Elementary School
Public,K-52.8mi
4/10
Laurel Elementary School
Public,K-53.4mi
6/10
Borel Middle School
Public,6-81.8mi
7/10
Bayside S.T.E.M. Academy
Public,6-82.2mi
4/10
Abbott Middle School
Public,6-83.4mi
7/10
San Mateo High School
Public,9-120.1mi
Condition Rating
Fair

Built in 1977, this condo is well-maintained and functional, but the kitchen and bathroom show significant signs of being outdated. The kitchen features newer black/stainless steel appliances, but the white flat-panel cabinets, laminate countertops, and ceramic tile flooring are dated. The bathroom also has dated ceramic tile and a tub with a sliding glass door. While clean and move-in ready, these key areas would benefit from cosmetic updates to meet current aesthetic standards. The wall-mounted heating system also indicates an older infrastructure.
Pros & Cons

Pros

Exceptional Walkability & Transit Access: The property boasts outstanding walkability to Downtown San Mateo, Downtown Burlingame, Coyote Point Recreation Area, and is minutes from Caltrain, shopping, and dining, making commuting and leisure highly convenient.
Enhanced Privacy & Quiet: Located on the second floor with no neighbors above or below and only one shared wall, this condo offers a rare level of peace and privacy for multi-unit living.
Valuable In-Unit Amenities: Key conveniences include an in-unit washer and dryer, a dedicated covered parking space, and a spacious storage room directly in front of the parking spot.
Abundant Natural Light: Six large windows throughout the unit ensure ample natural light, creating a bright and inviting living environment.
Ideal for First-Time Homebuyers: Explicitly marketed as an ideal opportunity for first-time homebuyers, potentially offering an accessible entry point into the competitive San Mateo market.

Cons

High Monthly HOA Dues: The association fee of $513.0 per month is substantial for a 1-bedroom unit, significantly impacting overall housing costs.
Compact Living Space: With 710 square feet and a 1-bedroom, 1-bathroom layout, the unit offers limited space, which may not accommodate all buyer needs or future expansion.
Listing Price Above Estimated Value: The current listing price of $529,000 is higher than the estimated property value of $510,529, suggesting it may be priced slightly above market expectations.

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