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621 Caribbean Way

San Mateo, CA 94402

3 bd 3 ba 2,569 sqft Built 1976 Lot 8,259 sqft single_family
Most recent sale
$3,000,000
Apr 22, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 22, 2024 Sold $3,000,000 MLSListings
Feb 2, 2024 Listed $2,890,000 MLSListings

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $1,227,060 $1,832,940 $3,060,000 $37,186
2024 $1,227,060 $1,832,940 $3,060,000 $29,524
2023 $217,813 $57,710 $275,523 $5,800
2022 $213,543 $56,579 $270,122 $5,684
2021 $209,356 $55,470 $264,826 $5,307
2020 $207,210 $54,902 $262,112 $4,400
2019 $203,148 $53,826 $256,974 $3,999
2018 $199,165 $52,771 $251,936 $3,593
2017 $195,260 $51,737 $246,997 $3,320
2016 $191,432 $50,723 $242,155 $3,152
2015 $188,557 $49,962 $238,519 $3,128
2014 $184,864 $48,984 $233,848 $3,155
2013 $184,029 $48,763 $232,792 $3,032
2012 $180,421 $47,807 $228,228 $3,014
2011 $176,884 $46,870 $223,754 $2,900
2010 $175,563 $46,520 $222,083 $2,738
2009 $175,981 $46,631 $222,612 $2,759
2008 $172,531 $45,717 $218,248 $2,645
2007 $169,149 $44,821 $213,970 $2,819

Property facts

Year built
1976
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
2,569 sqft
Lot size
8,259 sqft
ZIP code
94402
City
San Mateo
Street
Caribbean Way
Coordinates
37.54751, -122.32512

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
$18,000
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 621 Caribbean Way last sell?
621 Caribbean Way most recently sold on Apr 22, 2024 for $3,000,000.
What is the current tax assessment for 621 Caribbean Way?
The most recent total assessment for 621 Caribbean Way (year 2025) is $3,060,000 with $37,186 in property tax.
How does 621 Caribbean Way's assessment compare to its last sale price?
The current assessment is 2.0% above the last sale price of $3,000,000.
When was 621 Caribbean Way built?
621 Caribbean Way was built in 1976.
How does 621 Caribbean Way compare to others on Caribbean Way?
We track 3 other properties on Caribbean Way. Browse the list under "Other properties on Caribbean Way" to compare beds, baths, and sale history.
What are the property facts for 621 Caribbean Way?
621 Caribbean Way is a 3 bed, 3 bath, 2,569 sqft, 8,259 sqft lot single_family.
Is 621 Caribbean Way a flip candidate?
No — 621 Caribbean Way does not appear in our flips dataset.
Is 621 Caribbean Way a tax-appeal candidate?
No — 621 Caribbean Way 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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