202/641 Cedar Street

San Carlos CA 94070

1178 sq. ft.

Condo

Last sold for $722,048

Lisa Karson, last sold this property on 05 May 2025 after 66 days on market.

Overview

Amazing Opportunity !! Below Market Rate condo( BMR) 2-bedroom, 2-bathroom condo .Built in 2009 with 1,178 square feet of living space. The kitchen is a standout feature, equipped with modern appliances and ample cabinetry.The dining area is integrated within the living room, creating an open and cohesive space for entertaining. Amenities include central air conditioning, inside laundry , beautiful flooring throughout, large balcony, 1 secure parking spot and storage options. Walking distance to shops, restaurants and is within the top San Carlos Elementary School District PROPERTY IS DESIGNATED AS A BELOW MARKET RATE PROPERTY THRU THE CITY OF SAN CARLOS. Moderate-Income Household (HH) Limits HH of 1 person up to $156,750 HH of 2: $179,100 HH of 3: $201,500 HH of 4: $223,900 Maximum asset limit of $350,000 (not inclusive of retirement funds), with a tiered approach to treating assets as a percentage of income: Household Assets of $60,000 to $200,000 will reflect 10% of those assets as household income. Household Assets of $200,000 to $350,000 will reflect 15% of those assets as household income. The purchaser of these BMR units must occupy them.

Features

2 bedrooms

2 bathrooms

1 carspace

1 garage space

1178 sq. ft. floor area

Condo

Estimated Value

Based on this property and similar 2 bedroom condos sold in San Carlos over the last 12 months, the estimated median property value of 202/641 Cedar Street is $895k.

Median value

$895k

Estimated value range

$675k - $1.7m

Median days on market

Estimated value trend

-1%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in San Carlos. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 202/641 Cedar Street

2025

Sold

$722,048

05 May 2025 by Lisa Karson, of Golden Gate Sotheby's International Realty

Happy sellers in San Carlos

We have insufficient information to provide an overview of customer satisfaction for San Carlos. Viewing the agent profiles, reviews and sales for San Carlos can provide insights for this location.