500 E  40th Ave, San Mateo, CA 94403
Property image
Property image
OFF MARKET

$1,978,300

Trulia Estimate
  • 4 Beds
  • 2 Baths
  • 1,400 sqft

500 E 40th Ave, San Mateo, CA 94403

San Mateo Village
Est. Refi. Payment $11,789/mo*
Refinance Your Home
Currently Off Market - Sold Nov 20, 2017 for $1,281,000

Home Value

Trulia Estimate
$1.98M
Since last month
Increased$3K (+0.2%)
Since last year
Increased$107K (+5.7%)
Since last sale
Increased$696K (+54.3%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +61% in the last 10 years
MonthEstimated value
2026
August 2026$1.98M
July 2026$1.97M
June 2026$1.99M
May 2026$2M
April 2026$2.02M
March 2026$2.02M
February 2026$1.96M
January 2026$1.85M
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.12
Single-Family Home
$2,250,000
03/02/26
3
2
1,450
0.15
Single-Family Home
$2,150,000
04/27/26
3
2
1,200
0.27
Single-Family Home
$1,550,000
07/23/26
3
2
1,710
0.29
Single-Family Home
$2,456,666
02/10/26
4
2
1,460
0.06
Single-Family Home
$1,550,000
09/15/25
3
1
1,080
0.04
Single-Family Home
$2,585,000
03/30/26
4
2.5
2,172
0.14
Single-Family Home
$1,317,000
02/25/26
3
1
1,080
0.28
Single-Family Home
$2,050,000
03/25/26
3
2
1,330
0.40
Single-Family Home
$2,075,000
07/21/26
4
2
1,470
0.17
Single-Family Home
$2,508,000
01/02/26
3
2
1,620

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.02
$2,283,300
4
2
1,745
Off Market
0.04
$2,585,000
4
2.5
2,172
Recently Sold
0.03
$1,940,500
3
2
1,235
Off Market
0.04
$1,827,200
3
2
1,830
Off Market
0.06
$1,617,000
3
1
1,080
Off Market
0.06
$1,735,400
3
1
1,050
Off Market
0.08
$2,142,000
3
2
1,930
Off Market
0.09
$2,058,100
3
2
1,690
Off Market
0.10
$2,037,900
4
2
1,340
Off Market
0.10
$1,882,900
3
1
1,400
Off Market
0.10
$1,890,800
3
2
1,227
Off Market
0.12
$2,607,400
4
2
2,053
Off Market

Local Information

  • Map ViewExplore the area around 500 E 40th Ave.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1951
Living Area
1,400 sqft
Price/Sqft
$1,413
Parking
Garage

About this House

Situated in one of San Mateo's most sought-after - San Mateo Village, this charming and bright 4 bed, 2 full baths home has 1,400 sq ft of living space and 5500 sq ft lot and available to rent at $4,300. BRAND NEW FLOORING and CARPET!

AVAILABLE NOW! PLEASE EMAIL TO SCHEDULE VIEWING NOW!

Close proximity to Whole Foods, Trader Joes, Hillsdale Caltrain station, Starbucks, Hillsdale Shopping Center, Kaiser Permanente clinics, and exciting bay meadow new developments. This home is perfect for the family with kids as you're just 1 min away from nearby Casanova Park with its playgrounds, dog park, bike paths, and soccer and ball fields. This home is also close to downtown San Mateo restaurants and Central Park.

The house is ideally located in the central central to San Francisco and Silicon Valley, and easily accessible to major commute routes (101 & 92 freeway, El Camino Real), making your location a commuters paradise. Major employers nearby includes Visa, Gilead, Oracle and numerous startups in downtown San Mateo and Redwood City..

Features:
- 4 bedroom, 2 full baths, 1400 sq ft living space
- Nice efficient floor plan with lots of natural light.
- Large living room with big window, freshly painted walls, new flooring
- Formal dining room with plenty of natural lighting provided by patio doors on both sides that open to the back yard
- Large eat-in kitchen with large light-filled space
- Inviting front porch and backyard patio with wood deck perfect for BBQ and entertaining.
- Attached large 2-car garage with laundry & workspace
- Driveway parking for 2 cars + plenty of street parking

Amenities:
- 1 minute walk to Casanova Park
- 1.2 miles to Whole Food
- 1.2 miles to Hillsdale Caltrain Station
- 1.4 miles to Hillsdale Shopping Center
- 3.6 miles to downtown San Mateo

Lease terms:
- 12 Months Lease Required
- Must have good credit score or proof of income
- Security deposit $4,500
- Application fee $40
- Renters Insurance required
- Tenant pays all utilities (electric, water, trash, & gas)
- No smoking
- Small pet ok with additional $100 per month

Lease terms:
- 6 Months Minimum Lease Required
- Must have good credit score or proof of income
- Security deposit $4,500
- Application fee $40
- Renters Insurance required
- Tenant pays all utilities (electric, water, trash, & gas)
- No smoking
- Small pet ok with additional $150 per month
500 E 40th Ave, San Mateo, CA 94403 is a 4 bedroom, 2 bathroom, 1,400 sqft single-family home in San Mateo Village, built in 1951. It last sold for $1,281,000 on Nov 20, 2017. More recently, it was listed as a rental in February 2024 with an asking price of $5,030 per month. That rental listing was removed on March 13, 2024. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $1,978,300, with a rent estimate of $6,415/month.

Home Details for 500 E 40th Ave

Interior Features

Heating & Cooling
Heating: Forced AirHeating Fuel: Forced Air
Interior Details
Additional StorageNumber of Rooms: 7Types of Rooms: Walk In Closet, Dining Room, Family Room, Master Bath, PantryStorage
Appliances & Utilities
Cable ReadyMicrowaveRefrigeratorWasher
Fireplace & Spa
Fireplace
Levels, Entrance, & Accessibility
Floors: Hardwood

Property Information

Year Built
Year Built: 1951
Property Type / Style
Property Type: Single Family Home

Exterior Features

Exterior Home Features
GardenLawnPatioPorch
Parking & Garage
GarageParking: Off Street, On Street, Garage

Community

Units in Building: 1

Lot Information

Lot Area: 5501 sqft

Price and Tax history

DateEventPrice
Mar 13, 2024
Source: Zillow Rentals
ListingRemoved
Mar 3, 2024
Source: Zillow Rentals
PriceChange
$5,050
Price increased by 0%
Feb 23, 2024
Source: Zillow Rentals
Listed For Rent
$5,030
Feb 3, 2024
Source: Zillow Rentals
ListingRemoved
Jan 14, 2024
Source: Zillow Rentals
PriceChange
$4,920
Price increased by 3%

Market trends in San Mateo

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$1.81M
$8.33K
MoM
Sale-to-List Price
106.6%
0.4%
MoM
Price per sq ft
$1.18K
$12
MoM
Available listings
146
34
MoM

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about San Mateo Village

At least 18 Trulia users voted on each feature.
  • 91 % Say there are sidewalks

  • 88 % Say there's holiday spirit

  • 85 % Say parking is easy

  • 83 % Say kids play outside

  • 83 % Say it's dog friendly

  • 79 % Say people would walk alone at night

  • 77 % Say streets are well-lit

  • 72 % Say it's walkable to restaurants

  • 68 % Say yards are well-kept

  • 68 % Say it's quiet

  • 67 % Say car is needed

  • 65 % Say they plan to stay for at least 5 years

  • 56 % Say it's walkable to grocery stores

  • 51 % Say neighbors are friendly

  • 43 % Say there's wildlife

  • 39 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Paul
    "We’ve lived here since May 2020 and love it here. Very kid and dog friendly neighborhood. Lots of young families here or people who’ve been here generations. It has a middle class feel to it, in all the right ways."
  • Trulia User
    "This is a very dog friendly neighborhood and people are friendly too. Many people walking late at night, very safe place to walk."
  • Unspecified
    "Very safe neighborhood! Also close enough to downtown, shopping and restaurants that you can walk to some and 2 min drive to others. Feels like a strong community."
  • Unspecified
    "People go all out decorating for holidays, it’s fun and safe to walk around and see all the decorations"
  • Unspecified
    "I work in downtown San Mateo and live in the village. Easy commute, 5-10min tops with traffic. Awesome food options all over San Mateo close to the village neighborhood"
  • Akubovcik
    "I've lived here for 23 years. Hilldale shopping center is within walking distance, so is Caltrain, Bay Meadows shopping districe. Very nice neighbors."

LGBTQ Local Legal Protections

Frequently asked questions about 500 E 40th Ave

  • What is 500 E 40th Ave estimated to be worth?
    Trulia's estimated value for 500 E 40th Ave in San Mateo, CA is $1,978,300.
  • What is the price history for 500 E 40th Ave?
    500 E 40th Ave in San Mateo, CA last sold for $1,281,000 in November 2017.
  • Is San Mateo a buyer's or seller's market?
    San Mateo is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in San Mateo?
    The median sale price in San Mateo is $1.81M. That is down $8.33K from the prior month.
  • How big is the lot at 500 E 40th Ave?
    The lot at 500 E 40th Ave in San Mateo, CA is about 0.13 acres (5,501 sq ft).
  • Does 500 E 40th Ave have a garage?
    Yes, 500 E 40th Ave in San Mateo, CA has a garage.

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