638 Rand Street, San Mateo, California 94401, San Mateo, 94401 - 3 bed, 2 bath
638 Rand Street
San Mateo, California 94401
Property Price
SUMMARY
Analysis of 638 Rand Street, San Mateo, California 94401 reveals a Fairly Priced Property with a current list price of $2,088,000 aligned with the estimated $2,060,265 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the San Mateo Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 638 Rand Street Subject | $2,088,000* List Price | 3 | 2 | 1,946 | $1,059 | - |
A 236 Ryder Street Sold | $1,660,000 | 3 | 2 | 1,514 | $1,096 | 0.3 mi |
B 121 S Fremont Street Sold | $1,950,000 | 4 | 5 | 2,355 | $828 | 0.7 mi |
C 209 Ryder Street Sold | $1,520,000 | 4 | 2 | 1,490 | $1,020 | 0.3 mi |
D 226 N Kingston Street Sold | $1,580,000 | 3 | 2 | 1,420 | $1,113 | 0.8 mi |
E 11 Lindbergh Street Pending | $1,695,000 List Price | 5 | 3 | 1,993 | $850 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although originally built in 1950, the property has undergone an extensive recent renovation that meets modern standards. The interior features a fully updated kitchen with stainless steel appliances and stone countertops, modern bathrooms with contemporary tiling and fixtures, recessed lighting, and high-quality hardwood flooring. The addition of an EV-ready garage and walk-in closets further indicates significant recent system and functional upgrades, leaving no visible deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8734, living area = 1946.
- Prime Location & Education
The property is situated in the highly regarded Aragon High School attendance area and offers easy walking access to Seal Point Park, combining academic prestige with outdoor lifestyle appeal.
- Generous Lot Size
With an 8,734 sqft lot, the property features expansive front and rear grounds that provide a rare sense of privacy and significant outdoor space for the San Mateo area.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1946, other record living area = 1888.
- Elementary School Rating
The assigned elementary school carries a low rating (2/10), which may be a significant drawback for families with young children despite the high quality of the local high school.
- Vintage Infrastructure
Built in 1950, the home may require updates to its aging core systems to meet modern energy efficiency and building standards, potentially leading to additional long-term maintenance costs.
About 638 Rand Street
A beautifully maintained single-level residence offering a wonderful sense of openness, light, and everyday comfort. Expansive front and rear grounds create a generous feeling of space and privacy, while natural light fills the seamless layout and enhances the home's airy, inviting atmosphere. The overall flow feels balanced and welcoming from the moment you enter. Well-proportioned bedrooms, including walk-in closet features, support effortless functionality. An EV-ready garage adds modern convenience. Ideally located with easy walking access to Seal Point Park and within the highly regarded Aragon High School attendance area. A thoughtfully composed Peninsula home with three bedrooms and two and a half baths, offering enduring comfort, scale, and everyday ease.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1950
- Lot Size
- 8,734 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Mateo Unified Schools
Horrall Elementary School
Grades K-5 • 0.3 mi
Parkside Elementary School
Grades K-5 • 0.9 mi
Bayside S.T.E.M. Academy
Grades 6-8 • 0.8 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,946 | 1,381.5 | 68% |
| Lot Size | 8,734 | 5,611.5 | 93% |
| Price | $2.09M | $1.49M | 86% |
| Price per sq ft | $1.1K | $1.1K | 50% |
| Built year | 1950 | 1949 | 54% |
| HOA | $0 | $0 | 50% |
| Days on market | 17 | 149 | 4% |
Pricing History
Listed for Sale
Feb 18, 2026
$2,088,000
Initial Listing
Sold
May 6, 2016
$760,000
Public Record