Parrott Listing Presentation

Subject Property Location

Report Date: 11/08/2023

Property Address

1203 PARROTT DR

City, State & Zip

SAN MATEO, CA 94402-3628

County

SAN MATEO COUNTY

Property Use

Single Family Residential

Mailing Address

16464 CRESTRIDGE AVE, SONORA, CA 95370-8141

Parcel Number

038-130-090

Census Tract

6068.00

Latitude

37.537381

Longitude

-122.345033

Order ID: R131318549

Thomas Bros Pg-Grid

Legal Description Details Lot Number: 10 Block: 1 Subdivision Name: BAYWOOD Brief Description: LOT 10 BLOCK 1 BAYWOOD PARK RSM 34/25 26

Current Ownership Information

*Source of Ownership data: Assessment Data

Primary Owner Name(s) FAT DUCK LLC Vesting

Company

Latest Full Sale Information Primary Owner Name(s) FAT DUCK LLC,

Vesting

Sale Price

$1,750,000

Sale Date

07/02/2021

Recording Date

08/31/2021

Recorder Doc #

2021-126590

Book/Page

Financing Details at Time of Purchase No financing details available

Property Characteristics Bedrooms

3

Year Built

1952

Living Area (SF)

1,470

Price ($/SF)

$1,190/SF

Lot Size (SF/AC)

9,690/.22

Bathrooms/Partial

2

Garage/No. of Cars

Attached Garage/2

Total Rooms

6

Stories/Floors

1 Story

Construction Type

No. of Units

Fireplace

Exterior Walls

No. of Buildings

Pool

Roof Material/Type

Basement Type/Area

Heat Type

Central

Foundation Type

Style

A/C

Central

View

Elevator

Property Type

Residential

Land Use

Single Family Residential

Zoning

Assessment & Taxes Assessment Year

2023

Tax Year

2023

Tax Exemption

Total Assessed Value

$1,785,000

Tax Amount

$22,443.20

Tax Rate Area

Land Value

$1,428,000

Tax Account ID

Improvement Value

$357,000

Tax Status

Improvement Ratio

20%

Delinquent Tax Year

No Delinquency Found

Total Value

Market Improvement Value

Market Land Value

Market Value Year

Lien History Trans. ID

Recording Date

Lender

Amount

No details available

Loan Officer Insights No details available

Page 1

Purchase Money

78-005

Subject Property Location Property Address

1203 PARROTT DR

City, State & Zip

SAN MATEO, CA 94402-3628

County

SAN MATEO COUNTY

Report Date: 11/08/2023 Order ID: R131318552

Parcel Number

038-130-090

Download the map in PDF Download the map in TIFF Disclaimer THIS REPORT IS INTENDED FOR USE BY YOU AS AN END USER SOLELY FOR YOUR INTERNAL BUSINESS PURPOSES. YOU SHALL NOT RESELL, RELICENSE OR REDISTRIBUTE THIS REPORT, IN WHOLE OR IN PART. THE USE OF THIS REPORT BY ANY PARTY OTHER THAN YOURSELF FOR ANY PURPOSE IS STRICTLY PROHIBITED. THIS REPORT IS PROVIDED AS-IS WITHOUT WARRANTY OF ANY KIND, EITHER EXPRESS OR IMPLIED, INCLUDING WITHOUT LIMITATION, ANY WARRANTIES OF MERCHANTABILITY, NON-INFRINGEMENT, OR FITNESS FOR A PARTICULAR PURPOSE. BLACK KNIGHT SHALL HAVE NO LIABILITY IN CONTRACT, TORT, OR OTHERWISE ARISING OUT OF OR IN CONNECTION WITH THIS REPORT. BLACK KNIGHT DOES NOT REPRESENT OR WARRANT THAT THE REPORT IS COMPLETE OR FREE FROM ERROR. YOU UNDERSTAND AND ACKNOWLEDGE THAT THE AVAILABILITY, COMPLETENESS AND FORMAT OF THE DATA ELEMENTS MAY VARY SUBSTANTIANLLY FROM AREA-TO-AREA. THE INFORMATION CONTAINED IN THIS REPORT IS DERIVED FROM PUBLICLY AVAILABLE SOURCES FOR THE SUBJECT PROPERTY OR COMPARABLE PROPERTIES LISTED ABOVE AND HAS NOT BEEN INDEPENDENT VERIFIED BY BLACK KNIGHT THROUGH ANY FORM OF INSPECTION OR REVIEW. THIS REPORT DOES NOT CONSTITUTE AN APPRAISAL OF ANY KIND AND SHOULD NOT BE USED IN LIEU OF AN INSPECTION OF A SUBJECT PROPERTY BY A LICENSED OR CERTIFIED APPRAISER. THIS REPORT CONTAINS NO REPRESENTATIONS, OPINIONS OR WARRANTIES REGARDING THE SUBJECT PROPERTY'S ACTUAL MARKETABILITY, CONDITION (STRUCTURAL OR OTHERWISE), ENVIRONMENTAL, HAZARD OR FLOOD ZONE STATUS, AND ANY REFERENCE TO ENVIRONMENTAL, HAZARD OR FLOOD ZONE STATUS IS FOR INFORMATIONAL PURPOSES ONLY AND SHALL BE INDEPENDENTLY VERIFIED BY THE END USER. THE INFORMATION CONTAINED HEREIN SHALL NOT BE UTILIZED: (A) TO REVIEW OR ESTABLISH A CONSUMER'S CREDIT AND/OR INSURANCE ELIGIBILITY OR FOR ANY OTHER PURPOSE THAT WOULD CAUSE THE REPORT TO CONSTITUTE A "CONSUMER REPORT" UNDER THE FAIR CREDIT REPORTING ACT, 15 U.S.C. § 1681 ET SEQ.; OR (B) IN CONNECTION WITH CERTIFICATION OR AUTHENTICATION OF REAL ESTATE OWNERSHIP AND/OR REAL ESTATE TRANSACTIONS. ADDITIONAL TERMS AND CONDITIONS SHALL APPLY PURSUANT TO THE APPLICABLE AGREEMENT.

Copyright Page 6

Quick Summary of Comparable Properties Residential Summary Res. Single Family SOLD Address

City

Bd

Ba

DOM

SqFt

$/SqFt

Lot (SF)

List Price Age

Sale Price

COE

2117 Los Altos Drive

San Mateo

4

3|0

20

1,735 $1,613.83

15,000 (sf)

$2,690,000 62

$2,800,000 06/14/23

139 Lakeshore Drive

San Mateo

4

3|0

7

1,736 $1,526.50

9,760 (sf)

$2,395,000 64

$2,650,000 07/10/23

147 Lakeshore Drive

San Mateo

3

2|1

18

1,490 $1,543.62

9,760 (sf)

$2,389,000 64

$2,300,000 10/23/23

2019 Timberlane Way

San Mateo

4

2|0

6

1,953 $1,113.67

12,000 (sf)

$1,998,000 68

$2,175,000 07/10/23

1471 Ascension Drive

San Mateo

3

2|0

21

1,990 $1,055.28

11,700 (sf)

$2,200,000 59

$2,100,000 08/04/23

SOLD # Listings:

5

AVG VALUES:

14

1,781 $1,370.58

11,644 (sf)

$2,334,400 63

$2,405,000

# Listings Total:

5

AVG VALUES FOR ALL:

14

1,781 $1,370.58

11,644 (sf)

$2,334,400

$2,405,000

63

Quick Statistics ( 5 Listings Total ) List Price

Min $1,998,000

Max $2,690,000

Median $2,389,000

Sale Price

$2,100,000

$2,800,000

$2,300,000

The above information is deemed to be accurate but not guaranteed.

11/8/2023

Presented By: Cullinan Luxury, Phone: (650) 773-2321

Page 1 of 6

Quick Summary of Comparable Properties Residential

Residential Brief Report Sold

2117 Los Altos Drive San Mateo 94402

$2,690,000 Beds: 4

Baths (F/P): 3|0

Property Overview

Pricing / Dates

Area: Baywood Park Etc. (432) SqFt: 1,735

MLS: ML81927730 DOM: 20

Age: 62 Lot: 15,000 (sf)

Original: List: Sold: $/SqFt:

$2,690,000 Date: $2,690,000 Date: $2,800,000 Date: $1,613.83 OffMktDate:

5/10/23 5/10/23 6/14/23 5/30/23

Remarks STUNNING REIMAGINED MODERN RESIDENCE IN BAYWOOD PARK This fully remodeled residence boasts modern touches throughout. Conveniently situated near top-rated schools & parks. Fully equipped kitchen w/ smart fridge, white Carrara marble countertops/backsplash. 2 newly build detached flex spaces each measuring 120 sq. ft connected by a large deck overlooking the valley, surrounded by lush landscaping & supreme privacy. There are endless possibilities & can be used as a home office, gym, art studio, anything else your heart desires.

Residence Features: Down to the Studs Remodel | 4 Bedrooms | 3 Bathrooms | 1,735 SQ FT| 240 SQ FT Two Detached Flex Spaces | . 34 Acres +/- | Two En-Suites w/ Well-Appointed Bathrooms | Luxury Kitchen Cabinetry w/ White Carrara Marble Countertops | Samsung Smart Appliances & Wine Fridge | Meticulously Designed Backyard w/ Modern Styled Landscaping | Indoor & Outdoor Living Space For Entertaining | Attached 2 Car Garage | Minutes To Freeways & Transportation

Property Features Family Room Separate Family Room

Dining Area Breakfast Bar, Dining Area

Pool Options --

Garage/Parking Attached Garage

Listed By Cullinan Luxury, KW Advisors

The above information is deemed to be accurate but not guaranteed.

11/8/2023

Presented By: Cullinan Luxury, Phone: (650) 773-2321

Page 2 of 6

Quick Summary of Comparable Properties Sold

139 Lakeshore Drive San Mateo 94402

$2,395,000 Beds: 4

Baths (F/P): 3|0

Property Overview

Pricing / Dates

Area: Baywood Park Etc. (432) SqFt: 1,736

MLS: ML81930740 DOM: 7

Age: 64 Lot: 9,760 (sf)

Original: List: Sold: $/SqFt:

$2,395,000 Date: $2,395,000 Date: $2,650,000 Date: $1,526.50 OffMktDate:

6/8/23 6/8/23 7/10/23 6/15/23

Remarks Stunning and contemporary Baywood Park Oasis with breathtaking Canyon Views! This light-filled 4 Bedroom, 3 Bath family home has been extensively remodeled and re-landscaped to create a true California indoor/outdoor retreat. The centerpiece of the home is the expansive Great Room with Fireplace and custom bookshelves that opens seamlessly to the patio and lush gardens with sweeping Canyon Views on one side and Dining Area that opens to a rear deck and hillside fruit orchard, reminiscent of the Italian Riviera, on the other. The chefs Kitchen features white shaker cabinetry, granite counters, breakfast bar, pantry, and top-of-the line appliances. The Primary Bedroom ensuite boasts his and her closets, large Bath with double vanity, and glass door to the rear gardens. A second Ensuite Bedroom in the front of the home makes for the perfect Guest Suite or quiet Home-Office. Two additional Bedrooms with an expansive Hall Bath complete this picture-perfect home. Award-Winning Schools!

Property Features Family Room Kitchen/Family Room Combo

Dining Area Breakfast Bar, Dining Area

Pool Options --

Garage/Parking Attached Garage, Off-Street Parking

Listed By Hope Pilch, HP Properties

The above information is deemed to be accurate but not guaranteed.

11/8/2023

Presented By: Cullinan Luxury, Phone: (650) 773-2321

Page 3 of 6

Quick Summary of Comparable Properties Sold

147 Lakeshore Drive San Mateo 94402

$2,389,000 Beds: 3

Baths (F/P): 2|1

Property Overview

Pricing / Dates

Area: Baywood Park Etc. (432) SqFt: 1,490

MLS: ML81942852 DOM: 18

Age: 64 Lot: 9,760 (sf)

Original: List: Sold: $/SqFt:

$2,389,000 Date: $2,389,000 Date: $2,300,000 Date: $1,543.62 OffMktDate:

9/22/23 9/22/23 10/23/23 10/10/23

Remarks This remodeled mid century modern home with distinct architectural & interior design style is known for its clean lines, minimalist aesthetic focusing on functionality & simplicity. An open concept light-filled kitchen seamlessly integrates with the dining area creating a sense of spaciousness. Mountain views from kitchen windows complement stainless steel appliances, cabinets with 42 drawers & doors, under cabinet lighting, recessed lights & a large island wrapped in quartz. Primary suite bath is appointed with designer fixtures, separate shower & tub.

Outside -your private backyard where you'll find a tranquil oasis surrounded by heritage trees & mountain views. A detached bonus room equipped with heating & air conditioning is great for office, recreation, or private retreat. More amenities-wood floors, recessed lighting, air conditioning, Nest thermostat, dual-paned windows provide energy efficiency, 240 EVhookup in garage. Close to shopping centers, restaurants, parks, highways.

Property Features Family Room No Family Room

Dining Area Breakfast Bar, Dining Area

Pool Options --

Garage/Parking Attached Garage, Off-Street Parking

Listed By Sia Glafkides, Compass

The above information is deemed to be accurate but not guaranteed.

11/8/2023

Presented By: Cullinan Luxury, Phone: (650) 773-2321

Page 4 of 6

Quick Summary of Comparable Properties Sold

1471 Ascension Drive San Mateo 94402 Beds: 3

$2,200,000 Baths (F/P): 2|0

Property Overview

Pricing / Dates

Area: Baywood Park Etc. (432) SqFt: 1,990

MLS: ML81932748 DOM: 21

Age: 59 Lot: 11,700 (sf)

Original: List: Sold: $/SqFt:

$2,300,000 Date: $2,200,000 Date: $2,100,000 Date: $1,055.28 OffMktDate:

6/22/23 6/22/23 8/4/23 7/13/23

Remarks Opportunity knocks in Sought after Baywood Park!! This traditional home offers 3 bedrooms, 2 updated baths, family room/dining room combo. Entertaining living room w/wood burning fireplace and peek a boo views!. Large open concept kitchen. Additional approximately 400 sq ft sunroom.

Outdoor shed can be used as office or playroom. Trex decking and spa off the kitchen. Beautifully landscaped grounds. Large 2 garage with additional storage. Close to popular Crystal Springs Shopping Center; hiking trails, top-rated schools, and major commute corridors (92, 101 & 280).

Amazing value for this great home and expansive lot!

Property Features Family Room Separate Family Room

Dining Area Dining Area

Pool Options --

Garage/Parking Gate/Door Opener

Listed By Glenn Sennett, Coldwell Banker Realty

The above information is deemed to be accurate but not guaranteed.

11/8/2023

Presented By: Cullinan Luxury, Phone: (650) 773-2321

Page 5 of 6

Quick Summary of Comparable Properties Sold

2019 Timberlane Way San Mateo 94402

$1,998,000 Beds: 4

Baths (F/P): 2|0

Property Overview

Pricing / Dates

Area: Baywood Park Etc. (432) SqFt: 1,953

MLS: ML81931118 DOM: 6

Age: 68 Lot: 12,000 (sf)

Original: List: Sold: $/SqFt:

$1,998,000 Date: $1,998,000 Date: $2,175,000 Date: $1,113.67 OffMktDate:

6/8/23 6/8/23 7/10/23 6/14/23

Remarks Fantastic 1900+/- SF single level home on a mostly flat exceptional 12000 SF corner lot in highly desirable Baywood Park; ideal floor plan offers inviting front porch and entry opening to formal living room with rich hardwood flooring, wood burning fireplace flanked by bookcases & wall of windows revealing serene views; generous dining & kitchen areas with new stainless steel sink; step down to incredible light filled family room; separate wing of 4 bedrooms + 2 baths - hall bath with stall shower offers access to primary suite, as well; Jack and Jill bath with shower over tub services the two rear bedrooms; amazing sun filled private lot with pool and lots of room to entertain and play; oversized detached two car garage; fresh paint, refinished floors, new carpet; LVT in entry, dining and kitchen; Close to popular Crystal Springs Shopping Center; hiking trails, top-rated schools, and major commute corridors (92, 101 & 280). Amazing value for this great home and expansive corner lot!

Property Features Family Room Separate Family Room

Dining Area Dining Area

Pool Options Pool - In Ground

Garage/Parking Detached Garage, Gate/Door Opener, Guest / Visitor Parking

Listed By Miriam Chirko, Coldwell Banker Realty

The above information is deemed to be accurate but not guaranteed.

11/8/2023

Presented By: Cullinan Luxury, Phone: (650) 773-2321

Page 6 of 6

San Mateo What's in the San Mateo data?

There were 48 single-family homes for sale, providing 1.4 months of inventory. There were 62 new listings, and 35 homes sold at a median price of $1.9m. The median overbid percentage was 106.1%, with an average of 24 days on the market.

There were 60 condo and townhome units for sale, providing 2.5 months of inventory. There were 34 new listings and 24 units sold at a median price of $945k. The median overbid percentage was 98.6%, with an average of 65 days on the market.

SFH

Single-Family Homes

62

35

New Listings

Sold Listings

1.4

$1.9M

Months of Inventory

Median Sale Price

106.1% 24 Median Sale vs List

Avg Days on Market

The data, sourced from MLS Listings Inc, includes all single-family homes, condos and townhomes in the California Area from September 2022 to September 2023. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01906450. Copyright KW Advisors Peninsula Estates | Burlingame | San Mateo 2023. Each office is independently owned and operated.

San Mateo SEPTEMBER 2022 - SEPTEMBER 2023

L IS TING S FOR S A L E

S OL D L IS TING S

80

60

40

20

20 23 Se p

Au g

Au g

20 23

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20 23 Ju n

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M ar 20 23

20 23 Fe b

20 23 Ja n

20 22 De c

20 22 N ov

O ct 20 22

Se p

20 22

0

Single-Family Homes Last 12 months, year-over-year.

100

75

50

25

Condos & Townhomes Last 12 months, year-over-year.

20 23 Se p

20 23

20 23 Ju n

20 23

M ar 20 23

20 23 Fe b

20 23 Ja n

20 22 De c

20 22 N ov

O ct 20 22

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20 22

0

Median Sales Price

$2,000,000

$1,500,000

Single-Family Homes The median sales price has increased from $1.7m last September 2022, to $1.9m as of September 2023.

$1,000,000

$500,000

Condos & Townhomes 20 23

Se p

Au g

20 23

Ju l2 02 3

Ap r2 02 3 M ay 20 23 Ju n 20 23

M ar 20 23

Fe b

20 23

20 23 Ja n

De c

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20 22

O ct 20 22

20 22 Se p

20 22

$0

The median sales price has increased from $815k last September 2022, to $945k as of September 2023.

AVG Days On the Market

75

50

Single-Family Homes The average time spent on the market went down from 27 days last September 2022, to 24 days as of September 2023.

25

Condos & Townhomes

Back to Table of Contents

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20 23

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20 23

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20 23

Fe b

De c

Ja n

0% 20 22

The overbid percentage has decreased from 98.9% last September 2022, to 98.6% a year later.

50%

N ov

Condos & Townhomes

75%

O ct 20 22

The overbid percentage has increased from 101% last September 2022, to 106.1% a year later.

100%

20 22

Single-Family Homes

The average time spent on the market went up from 51 days in September 2022, to 65 days as of September 2023.

125%

Se p

Overbids

M ar 20 23

20 23

Fe b

20 23 Ja n

20 22

De c

20 22

N ov

O ct 20 22

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20 22

0