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112 Madison Avenue 108, San Mateo, California 94402, San Mateo, 94402 - 2 bed, 2 bath

112 Madison Avenue 108, San Mateo, California 94402 home-pic-0
ACTIVE$886,000
112 Madison Avenue 108, San Mateo, California 94402
2Beds
2Baths
1,200Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Location & Accessibility: Situated in the highly desirable Aragon neighborhood on the west side of El Camino, offering excellent proximity to Downtown San Mateo, Central Park, top-rated schools, and major freeways (92, 101, 280) for convenient commuting.
Top Cons:
High Monthly HOA Fees: The monthly HOA fee of $705 is substantial, which could be a significant ongoing cost for potential buyers, despite including water and trash.

Compared to the nearby listings

Price:$886.0K vs avg $1.35M ($-466,000)20%
Size:1,200 sqft vs avg 1,598.5 sqft20%
Price/sqft:$738 vs avg $75340%

More Insights

Built in 1982 (43 years old).
Condition: Built in 1982, this property shows a mix of recent updates and outdated features. While it benefits from new laminate flooring and a recently remodeled primary shower (2022), the kitchen is significantly dated with older white appliances, traditional cabinets, and an outdated light fixture. Other elements like the dining room chandelier also show age. The property is functional and maintained but requires further updates, particularly in the kitchen, to meet current aesthetic and functional standards.
Year Built
1982
Close
-
List price
$886K
Original List price
$899K
Price/Sqft
$738
HOA
$705
Days on market
-
Sold On
-
MLS number
ML82025585
Home ConditionFair
Features
Pool
Spa
View-

About this home

Perfectly placed in one of San Mateos most desirable neighborhoods! Situated on the west side of El Camino in the sought-after Aragon neighborhood, this ground-floor 2-bedroom, 2-bath condo offers the ideal blend of comfort and convenience. Just minutes from Downtown San Mateo, Central Park, Baywood Elementary, and Aragon High School, with easy access to freeways 92, 101, and 280. The open floor plan features semi-vaulted ceilings, abundant natural light, and new laminate flooring. The kitchen includes granite countertops and a breakfast bar, opening to the dining area and living room with a wood-burning fireplace and access to a private balcony. The spacious primary suite offers semi-vaulted ceilings, a double vanity, walk-in closet, remodeled shower (2022), and a balcony retreat. Additional highlights include in-unit laundry, secure underground parking (one-deeded, one floating), and a community pool and spa. HOA includes water and trash and runs $705/mo. Approximately 1,200 sq ft of living space in a well-maintained complex near top-rated schools, shopping, and dining. Nestled between Silicon Valley and San Francisco, this best-kept-secret neighborhood offers rare availability and unbeatable lifestyle convenience. Don't miss this opportunity!

Nearby schools

6/10
Baywood Elementary School
Public,•K-5•0.7mi
5/10
Baywood Elementary School
Public,•K-5•174.6mi
6/10
Borel Middle School
Public,•6-8•0.3mi
8/10
Aragon High School
Public,•9-12•0.5mi
Condition Rating
Fair
Built in 1982, this property shows a mix of recent updates and outdated features. While it benefits from new laminate flooring and a recently remodeled primary shower (2022), the kitchen is significantly dated with older white appliances, traditional cabinets, and an outdated light fixture. Other elements like the dining room chandelier also show age. The property is functional and maintained but requires further updates, particularly in the kitchen, to meet current aesthetic and functional standards.
Pros & Cons

Pros

Prime Location & Accessibility: Situated in the highly desirable Aragon neighborhood on the west side of El Camino, offering excellent proximity to Downtown San Mateo, Central Park, top-rated schools, and major freeways (92, 101, 280) for convenient commuting.
Modern Interior & Recent Upgrades: The condo boasts an open floor plan with semi-vaulted ceilings, abundant natural light, new laminate flooring, granite kitchen countertops, and a primary suite featuring a recently remodeled shower (2022).
Comprehensive Amenities: Residents benefit from a private balcony, wood-burning fireplace, in-unit laundry, secure underground parking (one deeded, one floating), and access to a community pool and spa.
Sought-After Lifestyle: Located in a 'best-kept-secret' neighborhood between Silicon Valley and San Francisco, offering rare availability and an unbeatable lifestyle with access to shopping, dining, and cultural attractions.
Well-Maintained Complex: The unit is part of a well-maintained complex, ensuring a pleasant living environment and potentially reducing immediate concerns about common area upkeep.

Cons

High Monthly HOA Fees: The monthly HOA fee of $705 is substantial, which could be a significant ongoing cost for potential buyers, despite including water and trash.
Ground Floor Location: As a ground-floor unit, it may offer less privacy, limited views, and potentially less natural light compared to units on higher floors, which could be a drawback for some buyers.
Building Age: Built in 1982, the complex is over 40 years old. While the unit has updates, the age of the overall building could lead to concerns about older infrastructure or potential future special assessments for major repairs.

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