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217 40th Ave

San Mateo, CA 94403

2 bd 1 ba 860 sqft Built 1950 Lot 5,000 sqft single_family
Most recent sale
$1,350,000
Jul 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 15, 2022 Sold $1,350,000 Public Record
Jun 6, 2022 Listed $1,348,000 MLS #ML81894972

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $270,504 $1,134,036 $1,404,540 $18,359
2024 $270,504 $1,134,036 $1,404,540 $18,410
2023 $260,000 $1,090,000 $1,350,000 $18,603
2022 $55,104 $27,670 $82,774 $2,410
2021 $54,024 $27,128 $81,152 $2,593
2020 $53,471 $26,850 $80,321 $2,365
2019 $52,423 $26,324 $78,747 $2,222
2018 $51,396 $25,808 $77,204 $2,699
2017 $50,389 $25,302 $75,691 $2,081
2016 $49,401 $24,806 $74,207 $1,681
2015 $48,659 $24,434 $73,093 $1,779
2014 $47,706 $23,956 $71,662 $1,742
2013 $47,491 $23,848 $71,339 $1,627
2012 $46,560 $23,381 $69,941 $1,541
2011 $45,648 $22,923 $68,571 $1,404
2010 $45,307 $22,752 $68,059 $1,570
2009 $45,415 $22,807 $68,222 $1,123
2008 $44,525 $22,360 $66,885 $1,139
2007 $43,652 $21,922 $65,574 $1,164

Property facts

Year built
1950
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
860 sqft
Lot size
5,000 sqft
ZIP code
94403
City
San Mateo
Street
40th Ave
Coordinates
37.53443, -122.28789

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$8,100
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 217 40th Ave last sell?
217 40th Ave most recently sold on Jul 15, 2022 for $1,350,000.
What is the current tax assessment for 217 40th Ave?
The most recent total assessment for 217 40th Ave (year 2025) is $1,404,540 with $18,359 in property tax.
How does 217 40th Ave's assessment compare to its last sale price?
The current assessment is 4.0% above the last sale price of $1,350,000.
When was 217 40th Ave built?
217 40th Ave was built in 1950.
How does 217 40th Ave compare to others on 40th Ave?
We track 8 other properties on 40th Ave. Browse the list under "Other properties on 40th Ave" to compare beds, baths, and sale history.
What are the property facts for 217 40th Ave?
217 40th Ave is a 2 bed, 1 bath, 860 sqft, 5,000 sqft lot single_family.
Is 217 40th Ave a flip candidate?
No — 217 40th Ave does not appear in our flips dataset.
Is 217 40th Ave a tax-appeal candidate?
No — 217 40th 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
+1.9%
Implied 1-yr
+7.7%
2026 Q3
$2.08M
2026 Q4
$2.11M
ZIP 94403 — Median Price History + Forecast

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