633 Elm 317, San Carlos, California 94070, San Carlos, 94070 - 2 bed, 2 bath
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633 Elm 317
San Carlos, California 94070
ACTIVE
CONDITION: GOOD
2Beds
2Baths
1,258Sq Ft
1,271Lot Size
Property Price
LIST PRICE$1,248,000
EST. MARKET VALUE
$1,268,194
SUMMARY
This Turnkey Condominium is a Strong Value Opportunity, listed at $1,248,000—positioned well below the $1,268,194 Fair Market Value by 1.6%. This valuation gap offers $20,194 in Instant Equity for the buyer. Featuring a Good Condition Rating, this end-unit includes a Granite Kitchen, Hardwood Floors, and two private balconies. Located near Central Middle School (9/10), it offers an exceptional lifestyle for Owner-Occupants or first-time buyers seeking a move-in ready residence in the heart of San Carlos.
Estimated Market Value
$1,268,194
Based on Realkey algorithm analyzing recent comparable sales in San Carlos.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 633 Elm 317 Subject | $1,248,000* List Price | 2 | 2 | 1,258 | $1,008 | - |
A 633 Elm Street 209 Sold | $1,270,000 | 2 | 2 | 1,147 | $1,107 | 0.0 mi |
B 656 Walnut Street 401 Sold | $1,605,000 | 3 | 2 | 1,628 | $986 | 0.0 mi |
C 657 Walnut Street 540 Sold | $1,485,000 | 2 | 2 | 1,223 | $1,214 | 0.1 mi |
D 657 Walnut Street 423 Sold | $1,465,000 | 2 | 2 | 1,223 | $1,198 | 0.1 mi |
E 793 Elm Street 21 Sold | $1,256,000 | 2 | 2 | 1,519 | $827 | 0.2 mi |
F 560 El Camino Real 408 Sold | $1,500,000 | 2 | 2 | 1,256 | $1,194 | 0.2 mi |
G 793 Elm Street 23 Sold | $1,330,000 | 2 | 2 | 1,512 | $880 | 0.2 mi |
H 657 Walnut Street 537 Sold | $960,000 | 1 | 2 | 878 | $1,093 | 0.1 mi |
I 1001 Laurel Street 113 Active | $1,398,000 List Price | 3 | 2 | 1,310 | $1,067 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2003 (21 years old), the property is exceptionally well-maintained and move-in ready. While the kitchen and baths appear to be original to the construction, they feature high-quality materials like granite and stainless steel that remain functional and stylish, fitting the 'Good' criteria perfectly.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Middle School: Central Middle School (9/10).
- Prime Downtown Location
Situated in the heart of San Carlos, this property offers exceptional walkability to top-tier restaurants, cafes, shopping, and the Caltrain station, epitomizing the 'City of Good Living' lifestyle.
- Desirable End-Unit Configuration
As a third-floor end-unit, the residence benefits from increased privacy, superior natural light, and a thoughtful floor plan featuring two private balconies and beautiful hardwood floors.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1271, other record lot size in square feet = 58798.
- High Monthly Carrying Costs
The association fee of $875 per month is relatively high for the area, which may impact the overall affordability and debt-to-income ratio for prospective buyers.
- Recent Value Depreciation
The current list price of $1.248M represents a significant decrease from the 2022 sale price of $1.415M, reflecting a downward trend in the unit's specific market valuation.
About 633 Elm 317
Enjoy effortless San Carlos living in this beautifully appointed two-bedroom, two-bath condominium at sought-after Pacific Hacienda, an intimate community of just 89 residences ideally located moments from vibrant downtown San Carlos. Situated on the third floor, this desirable end-unit residence features beautiful hardwood floors, a well-appointed kitchen and two private balconies that extend the living space outdoors. Spacious bedrooms, tons of closet space and in-unit laundry. The thoughtfully designed floor plan offers comfortable, light-filled living with the added privacy of an end-unit location. Community amenities include a fitness center and inviting lobby, while two dedicated parking spaces conveniently located near the elevator and a personal storage locker add exceptional everyday convenience. With downtown San Carlos just steps away, enjoy easy access to acclaimed restaurants, cafes, shopping, Caltrain and all that the City of Good Living has to offer. An exceptional opportunity to enjoy comfort, convenience and an enviable location in the heart of San Carlos.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2003
- Lot Size
- 1,271 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $875.0 / Month
Neighborhood Insights
San Carlos Unified Schools
Central Middle School
Grades 6-8 • 0.3 mi
9/10
Sequoia High School
Grades 9-12 • 1.8 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 1.9 |
| Baths | 2.0 | 1.9 |
| Square foot | 1,258 | 1,192.429 |
| Lot Size | 1,271 | 1,032.2 |
| Price | $1.25M | $1.06M |
| Price per sq ft | $992 | $906 |
| Built year | 2003 | 2001 |
| HOA | $875.0 | $781 |
| Days on market | 5 | 43 |
Pricing History
Listed for Sale
Sep 4, 2026
$1,248,000
Initial Listing
Sold
Apr 15, 2022
$1,415,000
Public Record
Sold
Jul 26, 2005
$939,000
Public Record