tomo logo

$1,695,000

Beds
3
Baths
3.0
sq ft
1,545

40 S Eldorado St, San Mateo, CA 94401

40 S Eldorado St

San Mateo, CA 94401

  • 80 days on market
    • Price drop $100,000↓
Major remodel leading to a totally new home and a separate permitted ADU. Main home is 2 bedrooms, 2 full baths, large open floor plan with vaulted ceilings and plenty of natural light. Large master suite with huge walk-in closet to design your own features, High-end appliances and cabinetry.throughout. ADU wonderful for extended family, home office or rental. Located near end of cul-de-sac with minimal traffic. Easy walk to downtown shops and restaurants, transportation connections and local highways. Large basement could be finished for excellent wine storage, work/play room or just a place to store more "stuff". Long driveway accomodates tandem parking.

Details

Property type

Single Family Residence

Est. home value

$1,949,327

Lot size

4,000 sq ft

Price per sq ft

$1,098

Year built

2023

Price History

09/10/2024
BridgeMLS

BridgeMLS #ML81971560

Price change
$1,695,000
-5.57%
09/02/2024
BridgeMLS

BridgeMLS #ML81971560

Removed
$1,795,000
07/31/2024
BridgeMLS

BridgeMLS #ML81971560

Listed
$1,795,000

Schools & Community

Neighborhood: 

Central

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

San Mateo Union High

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

New Era Financial

Loan start date

March 2022

Original loan amount

$36,000

Est. remaining balance

Not provided

Interest rate

3.69%

Loan type

Commercial

Seller

Scott Street Llc and Anthony J Martinez

Lender

Cal Wset Home Loans Inc

Loan start date

February 2022

Original loan amount

$550,000

Est. remaining balance

Not provided

Interest rate

3.05%

Loan type

Commercial

Seller

Scott Street Llc

Lender

Pacific Coast Funding Inc

Loan start date

November 2021

Original loan amount

$50,000

Est. remaining balance

Not provided

Interest rate

2.86%

Loan type

Commercial

Seller

Scott Street Llc

Lender

Ho Family Trust

Loan start date

June 2020

Original loan amount

$1,050,000

Est. remaining balance

Not provided

Interest rate

3.33%

Loan type

Commercial

Seller

Scott Street Llc

Lender

William C Last Jr

Loan start date

January 2020

Original loan amount

$250,000

Est. remaining balance

Not provided

Interest rate

3.68%

Loan type

Building or Construction Loan

Seller

Scott Street Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 09/19/2024 at 3:40 PM

Listing updated: 09/10/2024 at 4:31 PM

Listed by: Michael Bruno, Cal-West Realty Phone #: (650) 591-7321

MLS: BridgeMLS #ML81971560

BridgeMLS logo

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