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1561 Lago St

San Mateo, CA 94403

2 bd 1 ba 899 sqft Built 1959 condos
Most recent sale
$850,000
May 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 26, 2022 Sold $850,000 Public Record
Apr 7, 2022 Listed $780,000 MLS #ML81885621
Jan 10, 2003 Sold $365,000 Public Record
Oct 24, 1996 Sold $165,909 Public Record
Jan 10, 1991 Sold $187,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $503,000 $215,000 $718,000 $10,946
2024 $503,000 $215,000 $718,000 $10,766
2023 $532,000 $228,000 $760,000 $10,983
2022 $348,697 $149,436 $498,133 $7,323
2021 $341,860 $146,506 $488,366 $7,359
2020 $338,355 $145,004 $483,359 $7,401
2019 $331,721 $142,161 $473,882 $6,436
2018 $325,217 $139,374 $464,591 $6,024
2017 $318,841 $136,642 $455,483 $5,673
2016 $312,590 $133,963 $446,553 $5,658
2015 $307,895 $131,951 $439,846 $5,592
2014 $273,500 $116,500 $390,000 $4,998
2013 $259,500 $110,500 $370,000 $4,764
2012 $175,500 $74,500 $250,000 $3,414
2011 $200,000 $85,000 $285,000 $3,746
2010 $231,000 $99,000 $330,000 $4,262
2009 $231,000 $99,000 $330,000 $3,954
2008 $281,722 $120,736 $402,458 $4,787
2007 $276,199 $118,369 $394,568 $4,643

Property facts

Year built
1959
Property type
condos
Stories
1
Beds
2
Baths
1
Living area
899 sqft
Lot size
ZIP code
94403
City
San Mateo
Street
Lago St
Coordinates
37.54637, -122.28136

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,877
Gross rental yield
4.06%
Implied cap rate
2.64%
Trend-extrapolated value

Frequently asked questions

When did 1561 Lago St last sell?
1561 Lago St most recently sold on May 26, 2022 for $850,000.
What is the current tax assessment for 1561 Lago St?
The most recent total assessment for 1561 Lago St (year 2025) is $718,000 with $10,946 in property tax.
How does 1561 Lago St's assessment compare to its last sale price?
The current assessment is 15.5% below the last sale price of $850,000.
When was 1561 Lago St built?
1561 Lago St was built in 1959.
How does 1561 Lago St compare to others on Lago St?
We track 8 other properties on Lago St. Browse the list under "Other properties on Lago St" to compare beds, baths, and sale history.
What are the property facts for 1561 Lago St?
1561 Lago St is a 2 bed, 1 bath, 899 sqft condos.
Is 1561 Lago St a flip candidate?
No — 1561 Lago St does not appear in our flips dataset.
Is 1561 Lago St a tax-appeal candidate?
No — 1561 Lago St 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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