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1318 Vernon Ter

San Mateo, CA 94402

4 bd 3 ba 2,350 sqft Built 1954 Lot 6,201 sqft single_family
Most recent sale
$3,125,000
Apr 11, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 11, 2022 Sold $3,125,000 MLS #ML81881394
Mar 10, 2022 Listed $2,495,000 MLS #ML81881394
Mar 31, 2016 Sold $2,050,000 MLS #ML81561291
Feb 18, 2016 Listed $1,828,000 MLS #ML81561291
May 27, 2004 Sold $950,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $1,008,000 $1,992,000 $3,000,000 $36,089
2024 $1,008,000 $1,992,000 $3,000,000 $36,206
2023 $866,000 $1,710,000 $2,576,000 $31,549
2022 $836,638 $1,450,173 $2,286,811 $28,510
2021 $820,234 $1,421,739 $2,241,973 $27,446
2020 $811,824 $1,407,161 $2,218,985 $26,679
2019 $795,906 $1,379,570 $2,175,476 $25,898
2018 $780,300 $1,352,520 $2,132,820 $24,948
2017 $765,000 $1,326,000 $2,091,000 $24,555
2016 $570,493 $570,493 $1,140,986 $14,190
2015 $561,924 $561,924 $1,123,848 $14,104
2014 $550,917 $550,917 $1,101,834 $13,409
2013 $548,428 $548,428 $1,096,856 $13,230
2012 $537,675 $537,675 $1,075,350 $13,031
2011 $527,133 $527,133 $1,054,266 $12,633
2010 $523,194 $523,194 $1,046,388 $12,398
2009 $524,437 $524,437 $1,048,874 $12,235
2008 $514,154 $514,154 $1,028,308 $11,784
2007 $504,073 $504,073 $1,008,146 $12,031

Property facts

Year built
1954
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
2,350 sqft
Lot size
6,201 sqft
ZIP code
94402
City
San Mateo
Street
Vernon Ter
Coordinates
37.54763, -122.32757

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
$18,750
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1318 Vernon Ter last sell?
1318 Vernon Ter most recently sold on Apr 11, 2022 for $3,125,000.
What is the current tax assessment for 1318 Vernon Ter?
The most recent total assessment for 1318 Vernon Ter (year 2025) is $3,000,000 with $36,089 in property tax.
How does 1318 Vernon Ter's assessment compare to its last sale price?
The current assessment is 4.0% below the last sale price of $3,125,000.
When was 1318 Vernon Ter built?
1318 Vernon Ter was built in 1954.
How does 1318 Vernon Ter compare to others on Vernon Ter?
We track 8 other properties on Vernon Ter. Browse the list under "Other properties on Vernon Ter" to compare beds, baths, and sale history.
What are the property facts for 1318 Vernon Ter?
1318 Vernon Ter is a 4 bed, 3 bath, 2,350 sqft, 6,201 sqft lot single_family.
Is 1318 Vernon Ter a flip candidate?
No — 1318 Vernon Ter does not appear in our flips dataset.
Is 1318 Vernon Ter a tax-appeal candidate?
No — 1318 Vernon Ter 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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