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1245 Lakeview Drive

1245 Lakeview Drive, Burlingame, CA 94010
Property in San Mateo
Sold Oct 23, 2020
$3,520,000
$2,816,000 by Boston Private Bank & Trust Co
Mortgage Due Nov 01, 2050
Sold Aug 29, 2014
$2,398,000
$1,918,400 by Bank Of America Na
Mortgage Due Sep 01, 2044
1245 Lakeview Drive has been categorized by the local assessors in Burlingame, CA as a residential type of property. The building on the property was first built in 1975 and is 49 years old. The home has a total of 9 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1245 Lakeview Drive has 3,370 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 23,522 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 660 sqft. According to our sources, there are a total of 2 available parking spaces. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1245 Lakeview Drive was last sold in Oct 19, 2020 for $3,520,000. According to our calculations, that's $1,044.51 per sqft. Prior to that sales transaction, the property was sold for $2,398,000 in Aug 13, 2014. Current property owners are expected to pay $44,891 in taxes per year. The property on 1245 Lakeview Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $3,590,400. To break that down further, the land itself was valued at $2,754,000. While improvements to the property were assessed at a total of $836,400. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. 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. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 660
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 23,522
  • Total Building Area: 3,370
  • Gross Building Area: 3,370
  • Building Area: 3,370
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,370
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HILLSBOROUGH LAKEVIEW NO 2
  • Land Acres: 0.54
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 28 HILLSBOROUGH LAKEVIEW NO 2 RSM 75/37 39

Ownership

  • Current Owner : WINSLOW DAVID
  • Current Owner 2: TAKEUCHI AYA
  • Previous Owner : LO EDDIE Y
  • Previous Owner 2: WEI LEI JULIET
  • Owner Before Previous Owner: LEE LEEHUN
  • Owner Before Previous Owner 2: LEE LIN HWEI
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: San Mateo Union High School District
  • Census Tract: 605700

Zoning

  • Zoning: R10025

Geography

  • Assessors Map Reference: 32-A2
  • Parcel: 038-301-280
  • Lot: 28
  • Latitude: 37.5344
  • Longitude: -122.355

    Address

  • Full Address: 1245 Lakeview Dr
  • Address - House Number: 1245
  • Address - Street Name: Lakeview
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Hillsborough
  • Carrier Code: C018
  • 4-Digit Zip Code: 7324
  • Zip Code: 94010

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $44,891
  • Tax Rate Code Area: 06-002

    Appraisal Valuation

  • Standard Deviation: 0.2163
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 70
  • Final Value: 4,407,016
  • High Value: 5,360,312
  • Low Value: 3,453,720

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,816,000
  • First Open Lien Mortgage Lender: BOSTON PRIVATE BANK & TRUST CO
  • First Open Lien Mortgage Recording Date: Oct 23, 2020
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $2,816,000
  • 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: Nov 01, 2050

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $3,590,400
  • Assessed Land Value: $2,754,000
  • Assessed Improvements Value: $836,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 19, 2020
  • Current Sale Recording Date: Oct 23, 2020
  • Current Sale Transaction ID: 11802235414
  • Current Sale Price: $3,520,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2020-116338
  • Previous Sale Recording Date: Aug 29, 2014
  • Previous Sale Contract Date: Aug 13, 2014
  • Previous Sale Amount: $2,398,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: BOSTON PRIVATE BANK & TRUST CO
  • First Mortgage Transaction Date: Oct 23, 2020
  • First Mortgage Loan Amount: $2,816,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2050

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Aug 29, 2014
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $1,918,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Sep 01, 2044

About Hillsborough



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Frequently Asked Questions

What neighborhood is 1245 Lakeview Drive located in?
The 1245 Lakeview Drive is a located in the neighborhood of San Mateo in Hillsborough, Burlingame.
What is the average sales price for listings in 1245 Lakeview Drive?
The average sales price for units in 1245 Lakeview Drive is $0 currently.

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