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111 3rd Ave

San Mateo, CA 94402

2 bd 2 ba 1,804 sqft Built 1988 condos
Most recent sale
$1,500,000
May 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 3, 2022 Sold $1,500,000 MLS #ML81883543
May 30, 2002 Sold $820,000 Public Record
Jul 1, 1988 Sold $420,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $1,050,500 $449,500 $1,500,000 $18,325
2024 $1,050,500 $449,500 $1,500,000 $18,130
2023 $893,000 $383,000 $1,276,000 $16,046
2022 $67,677 $85,314 $152,991 $2,889
2021 $66,350 $83,642 $149,992 $2,800
2020 $65,670 $82,785 $148,455 $3,170
2019 $64,383 $81,162 $145,545 $2,761
2018 $63,121 $79,571 $142,692 $2,401
2017 $61,884 $78,011 $139,895 $2,061
2016 $60,671 $76,482 $137,153 $2,003
2015 $59,760 $75,334 $135,094 $1,921
2014 $58,590 $73,859 $132,449 $2,099
2013 $58,326 $73,526 $131,852 $1,909
2012 $57,183 $72,085 $129,268 $1,970
2011 $56,062 $70,672 $126,734 $2,013
2010 $55,644 $70,144 $125,788 $1,873
2009 $55,777 $70,311 $126,088 $1,852
2008 $54,684 $68,933 $123,617 $1,819
2007 $53,612 $67,582 $121,194 $1,639

Property facts

Year built
1988
Property type
condos
Stories
Beds
2
Baths
2
Living area
1,804 sqft
Lot size
ZIP code
94402
City
San Mateo
Street
3rd Ave
Coordinates
37.56145, -122.32762

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,773
Gross rental yield
4.62%
Implied cap rate
3.00%
Trend-extrapolated value

Frequently asked questions

When did 111 3rd Ave last sell?
111 3rd Ave most recently sold on May 3, 2022 for $1,500,000.
What is the current tax assessment for 111 3rd Ave?
The most recent total assessment for 111 3rd Ave (year 2025) is $1,500,000 with $18,325 in property tax.
How does 111 3rd Ave's assessment compare to its last sale price?
The current assessment is 0.0% above the last sale price of $1,500,000.
When was 111 3rd Ave built?
111 3rd Ave was built in 1988.
How does 111 3rd Ave compare to others on 3rd Ave?
We track 8 other properties on 3rd Ave. Browse the list under "Other properties on 3rd Ave" to compare beds, baths, and sale history.
What are the property facts for 111 3rd Ave?
111 3rd Ave is a 2 bed, 2 bath, 1,804 sqft condos.
Is 111 3rd Ave a flip candidate?
No — 111 3rd Ave does not appear in our flips dataset.
Is 111 3rd Ave a tax-appeal candidate?
No — 111 3rd Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.9%
Implied 1-yr
+3.7%
2026 Q3
$2.71M
2026 Q4
$2.74M
ZIP 94402 — Median Price History + Forecast

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