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1022 Ridgewood Drive

1022 Ridgewood Drive, Millbrae, CA 94030
Property in Millbrae
Sold Nov 08, 2021
$2,200,000
$1,760,000 by Wells Fargo Bank Na
Mortgage Due Dec 01, 2051
1022 Ridgewood Drive in Millbrae, CA was first built in 1964 and is 60 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1022 Ridgewood Drive has 1,600 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 7,250 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. The garage is 450 sqft. There are a total of 2 available parking spaces. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. The property was last sold in Oct 27, 2021 for $2,200,000. That's $1,375.00 per sqft. 1022 Ridgewood Drive was last assessed in 2022. The total value of the property was assessed at $2,200,000. Specifically, the land the property is located on was valued at $1,570,000. While improvements on the property were assessed at a total of $630,000. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $24,698. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 450
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,250
  • Total Building Area: 1,600
  • Gross Building Area: 1,600
  • Building Area: 1,600
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,600
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MILLBRAE MEADOWS NO 5
  • Land Acres: 0.166
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 0.18 AC MOL HAVING 56.12 FT FRONT ON RIDGEWOOD DR BEING PTN OF LOTS 9 & 10 BLK 30 MILLBRAE MEADOWS NO 5 RSM 56/46 48

Ownership

  • Current Owner : LEE SERENA
  • Current Owner 2: LIN ALVIN
  • Previous Owner : SARTOR ANDRE
  • Previous Owner 2: MICHELLE SARTOR LOBERG TRUST
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Millbrae Elementary School District
  • Census Tract: 604500

Zoning

  • Zoning: R10006

Geography

  • Assessors Map Reference: 26-A5
  • Parcel: 021-225-230
  • Block: 30
  • Lot: 9,10
  • Latitude: 37.6021
  • Longitude: -122.415

    Address

  • Full Address: 1022 Ridgewood Dr
  • Address - House Number: 1022
  • Address - Street Name: Ridgewood
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Millbrae
  • Carrier Code: C010
  • 4-Digit Zip Code: 1025
  • Zip Code: 94030

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $24,698
  • Tax Rate Code Area: 14-001

    Appraisal Valuation

  • Standard Deviation: 0.2157
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 70
  • Final Value: 2,035,499
  • High Value: 2,474,706
  • Low Value: 1,596,291

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,760,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Nov 08, 2021
  • First Open Lien Mortgage Loan Amount: $1,760,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2051

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $2,200,000
  • Assessed Land Value: $1,570,000
  • Assessed Improvements Value: $630,000

    Sales

  • Current Sale Contract Date: Oct 27, 2021
  • Current Sale Recording Date: Nov 08, 2021
  • Current Sale Transaction ID: 11868953051
  • Current Sale Price: $2,200,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021-155968

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Nov 08, 2021
  • First Mortgage Loan Amount: $1,760,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

About Millbrae



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Frequently Asked Questions

What neighborhood is 1022 Ridgewood Drive located in?
The 1022 Ridgewood Drive is a located in the neighborhood of Millbrae in Millbrae, Millbrae.
What is the average sales price for listings in 1022 Ridgewood Drive?
The average sales price for units in 1022 Ridgewood Drive is $0 currently.

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