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105 Otay Avenue

105 Otay Avenue, San Mateo, CA 94403
Sold Nov 15, 2022
$1,710,000
$1,368,000 by Golden 1 Credit Union
Mortgage Due Dec 01, 2052
Sold Aug 28, 1998
$325,000
$292,500 by Washington Mutual Bank Fa
Mortgage Due Sep 01, 2028
Local assessors in San Mateo, CA have categorized 105 Otay Avenue as a residential type of property. The home was built in 1953 and is 71 years old. The property's lot size has been calculated to be 5,000 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 500 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 105 Otay Avenue has a total of 1,333 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 266 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 105 Otay Avenue sold most recently in Nov 10, 2022 for a total of $1,710,000. If you work out the math, that's approximately a cost of $1,282.82 per sqft. Before that, the property was also sold for $325,000 in Aug 20, 1998. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $9,495 in taxes each year. 105 Otay Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $657,356. If we break it down further, the land itself was valued at $240,050. Improvements to the property, however, were assessed at a total of $417,306. The property's total assessed value has been marked as more than the total market value which is pretty atypical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 5
  • 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: 266
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,333
  • Gross Building Area: 1,333
  • Building Area: 1,333
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,333
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GLENDALE VILLAGE MAP NO 2
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 2 GLENDALE VILLAGE MAP NO 2 RSM 33/43 CITY OF SAN MATEO

Ownership

  • Current Owner : CHEAH SHU CHIUN
  • Current Owner 2: CHENG ZHI
  • Previous Owner : GRAY WILLIAM R
  • Previous Owner 2: GRAY SHELLY J
  • Owner Before Previous Owner: RAWLES MARJORIE M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: San Mateo-Foster City Elementary School District
  • Census Tract: 608501

Zoning

  • Zoning: R10006

Geography

  • Assessors Map Reference: 32-F1
  • Parcel: 040-054-360
  • Lot: 2
  • Latitude: 37.5385
  • Longitude: -122.292

    Address

  • Full Address: 105 Otay Ave
  • Address - House Number: 105
  • Address - Street Name: Otay
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: San Mateo
  • Carrier Code: C021
  • 4-Digit Zip Code: 2839
  • Zip Code: 94403

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,495
  • Tax Rate Code Area: 12-001

    Appraisal Valuation

  • Standard Deviation: 0.2216
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 69
  • Final Value: 1,584,722
  • High Value: 1,935,998
  • Low Value: 1,233,445

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,368,000
  • First Open Lien Mortgage Lender: GOLDEN 1 CREDIT UNION
  • First Open Lien Mortgage Recording Date: Nov 15, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,368,000
  • 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, 2052

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $657,356
  • Assessed Land Value: $240,050
  • Assessed Improvements Value: $417,306

    Sales

  • Current Sale Contract Date: Nov 10, 2022
  • Current Sale Recording Date: Nov 15, 2022
  • Current Sale Transaction ID: 11899618975
  • Current Sale Price: $1,710,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 79106
  • Previous Sale Recording Date: Aug 28, 1998
  • Previous Sale Contract Date: Aug 20, 1998
  • Previous Sale Amount: $325,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: GOLDEN 1 CREDIT UNION
  • First Mortgage Transaction Date: Nov 15, 2022
  • First Mortgage Loan Amount: $1,368,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2052

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: WASHINGTON MUTUAL BANK FA
  • Previous Mortgage Transaction Date: Aug 28, 1998
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $292,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Sep 01, 2028

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Frequently Asked Questions

What neighborhood is 105 Otay Avenue located in?
The 105 Otay Avenue is a located in the neighborhood of San Mateo Glendale Village in Hillsdale, San Mateo.
What is the average sales price for listings in 105 Otay Avenue?
The average sales price for units in 105 Otay Avenue is $0 currently.

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