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116 Hobart Ave

San Mateo, CA 94402

4 bd 4 ba 2,610 sqft Built 1952 Lot 9,200 sqft multi_family
Most recent sale
$2,280,000
Feb 3, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 4, 2023 Listing removed MLSListings
Feb 3, 2023 Sold $2,280,000 MLSListings
Nov 10, 2022 Price changed $2,800,000 MLSListings
Sep 29, 2022 Listed $3,200,000 MLSListings

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $863,532 $1,508,580 $2,372,112 $30,100
2024 $863,532 $1,508,580 $2,372,112 $29,086
2023 $830,000 $1,420,000 $2,250,000 $28,162
2022 $106,225 $57,713 $163,938 $4,627
2021 $104,143 $56,582 $160,725 $5,091
2020 $103,076 $56,002 $159,078 $4,494
2019 $101,055 $54,904 $155,959 $4,168
2018 $99,074 $53,828 $152,902 $3,165
2017 $97,132 $52,773 $149,905 $2,913
2016 $95,228 $51,739 $146,967 $3,143
2015 $93,798 $50,962 $144,760 $2,711
2014 $91,961 $49,964 $141,925 $2,804
2013 $91,546 $49,739 $141,285 $2,728
2012 $89,751 $48,764 $138,515 $2,792
2011 $87,992 $47,808 $135,800 $2,560
2010 $87,335 $47,451 $134,786 $3,297
2009 $87,543 $47,564 $135,107 $2,343
2008 $85,827 $46,632 $132,459 $1,944
2007 $84,145 $45,718 $129,863 $2,479

Property facts

Year built
1952
Property type
multi_family
Stories
1
Beds
4
Baths
4
Living area
2,610 sqft
Lot size
9,200 sqft
ZIP code
94402
City
San Mateo
Street
Hobart Ave
Coordinates
37.55494, -122.32045

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
$8,352
Gross rental yield
4.40%
Implied cap rate
2.86%
Trend-extrapolated value

Frequently asked questions

When did 116 Hobart Ave last sell?
116 Hobart Ave most recently sold on Feb 3, 2023 for $2,280,000.
What is the current tax assessment for 116 Hobart Ave?
The most recent total assessment for 116 Hobart Ave (year 2025) is $2,372,112 with $30,100 in property tax.
How does 116 Hobart Ave's assessment compare to its last sale price?
The current assessment is 4.0% above the last sale price of $2,280,000.
When was 116 Hobart Ave built?
116 Hobart Ave was built in 1952.
How does 116 Hobart Ave compare to others on Hobart Ave?
We track 8 other properties on Hobart Ave. Browse the list under "Other properties on Hobart Ave" to compare beds, baths, and sale history.
What are the property facts for 116 Hobart Ave?
116 Hobart Ave is a 4 bed, 4 bath, 2,610 sqft, 9,200 sqft lot multi_family.
Is 116 Hobart Ave a flip candidate?
No — 116 Hobart Ave does not appear in our flips dataset.
Is 116 Hobart Ave a tax-appeal candidate?
No — 116 Hobart 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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