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1250 Spring Street

1250 Spring Street, San Carlos, CA 94070
Property in Cordes
Sold Mar 30, 2018
$2,050,000
$1,290,000 by Wells Fargo Bank Na
Mortgage Due May 01, 2051
Local assessors in San Carlos, CA have categorized 1250 Spring Street as a residential type of property. The home was built in 1948 and is 76 years old. The property's lot size has been calculated to be 6,600 square feet. The linear feet between the front and back of the lot was measured at 1,100 ft and the front of the lot was measured at 600 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 11 rooms in the home. Of these, 6 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 3 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1250 Spring Street has a total of 3,657 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. There are 2 available parking spaces so it's a great situation for those with more than one car. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - A. 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, 1250 Spring Street sold most recently in Mar 29, 2018 for a total of $2,050,000. If you work out the math, that's approximately a cost of $560.57 per sqft. 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 $26,986 in taxes each year. 1250 Spring Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $2,198,012. If we break it down further, the land itself was valued at $1,608,302. Improvements to the property, however, were assessed at a total of $589,710. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: A
  • Building Style: Duplex
  • Floor Count: 2
  • Living Units: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,600
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 600
  • Total Building Area: 3,657
  • Gross Building Area: 3,657
  • Building Area: 3,657
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,657
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GARDEN TERRACES
  • Land Acres: 0.152
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: LOT 2 BLOCK 19 GARDEN TERRACES SUB NO 2 RSM 29/23 24 25 CITY OF SAN CARLOS

Ownership

  • Current Owner : SARDANA SANJEEV
  • Current Owner 2: THE SANEEV SARDANA TRUST
  • Previous Owner : NAVARRO AMANDA
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Sequoia Union High School District
  • Census Tract: 609202

Zoning

  • Zoning: R30000

Geography

  • Assessors Map Reference: 33-C4
  • Parcel: 045-311-050
  • Block: 19
  • Lot: 2
  • Latitude: 37.5123
  • Longitude: -122.269

    Address

  • Full Address: 1250 Spring St
  • Address - House Number: 1250
  • Address - Street Name: Spring
  • Address - Suffix Type: St
  • State: CA
  • City Name: San Carlos
  • Carrier Code: C041
  • 4-Digit Zip Code: 2228
  • Zip Code: 94070

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $26,986
  • Tax Rate Code Area: 11-005

    Appraisal Valuation

  • Standard Deviation: 0.17
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 78
  • Final Value: 2,290,684
  • High Value: 2,680,220
  • Low Value: 1,901,148

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,290,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: May 06, 2021
  • First Open Lien Mortgage Loan Amount: $1,290,000
  • 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: May 01, 2051

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $2,198,012
  • Assessed Land Value: $1,608,302
  • Assessed Improvements Value: $589,710

    Sales

  • Current Sale Contract Date: Mar 29, 2018
  • Current Sale Recording Date: Mar 30, 2018
  • Current Sale Transaction ID: 11447468397
  • Current Sale Price: $2,050,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2018-024243

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Mar 30, 2018
  • First Mortgage Loan Amount: $1,435,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Apr 01, 2048

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Cordes



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Frequently Asked Questions

What neighborhood is 1250 Spring Street located in?
The 1250 Spring Street is a located in the neighborhood of Cordes in Cordes, San Carlos.
What is the average sales price for listings in 1250 Spring Street?
The average sales price for units in 1250 Spring Street is $0 currently.

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