Property Overview:
407 Villa Ter is a single-family home in San Mateo, CA 94401, built in 1948. It features 2 bedrooms, 1 bathroom, a 4,550 sq. ft. lot, and 980 sq. ft. of living space. The home includes a private garage and no HOA fees. The estimated home value is $808,200.
Neighborhood Highlights:
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Average Sale Price:
- Similar homes average between $942,683 and $1,049,086.
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Crime Rate:
- Personal crime risk: 6.2% (lower than state average of 11.8%).
- Property crime risk: 4.7% (lower than state average of 10.8%).
- Low overall crime risk with 7 criminal and sex offenders within 1 mile.
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Schools:
- Nearby schools: San Mateo High, Borel Middle, Stanbridge Academy, College Park Elementary, Crocker Middle.
- Schools are above average.
- State average SAT score: 975.
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Job Market:
- 54.6% white-collar jobs, 45.4% blue-collar jobs.
- Unemployment rate: 4.0% (lower than state average of 4.7%).
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Demographics:
- Community population: 32,760 (11% growth since 2000).
- 56% families with children.
- Largest age group: 25-34 years (18.03%); second largest: 35-44 years (16.22%).
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Natural Disaster Risk:
- Very high earthquake risk.
- Very low tornado risk.
- Minimal flood risk.
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Weather:
- Average temperature: 51.0°F (January), 66.5°F (July).
- Average rainfall: 20.4 inches/year.
- Average snowfall: 0 inches/year.
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Cost of Living:
- Median household income: $61,942.
- Average annual spending: $49,596.
Property Features:
- Charming 1940s cottage-style home in a prime location near Burlingame Ave and downtown San Mateo.
- Gated front courtyard and shaded porch.
- Classic living room with natural sunlight, walls of windows, French doors, gleaming hardwood floors, bookcases, and fireplace.
- Garden/yard ready for restoration.
- 2 bedrooms with ample closets.
- Sleek, modern bathroom.
- Fully updated electrical, new lighting, new insulation, and completed sewer lateral with permits.
- Formal and informal dining areas.
- Mostly original kitchen with vintage Wedgewood range; full-size laundry room with yard access.
- Designer’s touch could enhance the kitchen.
- Ideal for serenity seekers, first-time buyers, or downsizers.
- Easy-living, low-maintenance single-family home with indoor/outdoor living.
- Private garage with extra storage.
- No HOA fees.
- Commuter-friendly: Easy access to trains and highways.
Location Benefits:
- Walkable to trendy shops, restaurants, and transportation in both San Mateo and Burlingame.
- Family-friendly community with good schools and low crime.
- Convenient for commuters and those seeking a quiet, established neighborhood.