Property Overview:
434 Colgate Way is a single-family home in San Mateo, CA, built in 1949. It features 3 bedrooms, 2 bathrooms, and 1,870 sq. ft. of living space. The home includes a two-car garage, central heating, and a brand new roof. The estimated home value is $1,800,000.
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 7.4% (lower than state average of 11.8%).
- Property crime risk: 11.4% (slightly higher than state average of 10.8%).
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Schools:
Nearby schools include Baywood Elementary, Borel Middle, and Aragon High.- Average SAT score: 1076 (553 Math, 523 English)—above state average of 975.
- Award-winning schools in the area.
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Job Market:
- 69.3% white-collar jobs, 30.7% blue-collar jobs.
- Unemployment rate: 2.6% (lower than state average of 4.7%).
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Demographics:
- Community population: 23,121 (3% growth since 2000).
- 66% families with children.
- Largest age group: 45-54 years (15.88%), followed by 35-44 years (15.56%).
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Natural Disaster Risk:
- Low flood risk, low tornado risk, high earthquake risk.
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Weather:
- Average temperature: 50.8°F (January), 68.3°F (July).
- Average rainfall: 19.5 inches/year.
- Average snowfall: 0 inches/year.
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Cost of Living:
- Median household income: $102,281.
- Average annual spending: $69,902.
Property Features:
- All-new floors and formal entry.
- Expansive living room with fireplace.
- Casual living and dining room with floor-to-ceiling windows & doors.
- All-new, well-appointed kitchen with high-end appliances.
- Three bedrooms, including one en-suite.
- Two remodeled bathrooms.
- Two-car garage (potential for future JADU).
- Expansive paver driveway.
- Private setting with verdant landscaping.
- Remodeled & immaculately maintained.
Location Benefits:
- Award-winning schools nearby.
- Easy access to Interstate 280 and San Francisco International Airport.
- Prime Upper Peninsula location—close to booming biotech industry and Silicon Valley.
- Perfect for families and commuters.