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15 Shasta Lane

15 Shasta Lane, Menlo Park, CA 94025
Property in Sharon Height
Sold Jun 28, 1994
$538,000
$685,000 by Wells Fargo Home Mtg Inc
Mortgage Due Sep 01, 2032
15 Shasta Lane has been categorized by the local assessors in Menlo Park, CA as a residential type of property. The building on the property was first built in 1964 and is 60 years old. The home has a total of 9 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 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, 15 Shasta Lane has 2,230 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,250 ft and across the front of the lot is 1,200 ft. The area measurement of the land has been determined as 15,000 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

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 530 sqft. According to our sources, there are a total of 2 available parking spaces. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as good. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The roof of the building is made of wood shake/ shingles. The exterior walls of the building are made of stucco. 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. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 15 Shasta Lane sold most recently in Jun 23, 1994 for a total of $538,000. If you work out the math, that's approximately a cost of $241.26 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 $12,578 in taxes each year. 15 Shasta Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $987,915. If we break it down further, the land itself was valued at $430,836. Improvements to the property, however, were assessed at a total of $557,079. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 530
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 15,000
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 1,200
  • Total Building Area: 2,230
  • Gross Building Area: 2,230
  • Building Area: 2,230
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,230
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SHARON HEIGHTS UNIT NO 8
  • Land Acres: 0.344
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 61 SHARON HEIGHTS UNIT NO 8 RSM 57/22 23

Ownership

  • Current Owner : CORWIN MICHAEL P
  • Current Owner 2: CORWIN MERLYN
  • Previous Owner : AMID HOZOUR AMIR
  • Previous Owner 2: TAVAJJOH FATEMEH
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Sequoia Union High School District
  • Census Tract: 613000

Zoning

  • Zoning: R10010

Geography

  • Assessors Map Reference: 43-B4
  • Parcel: 074-260-490
  • Lot: 61
  • Latitude: 37.4228
  • Longitude: -122.215

    Address

  • Full Address: 15 Shasta Ln
  • Address - House Number: 15
  • Address - Street Name: Shasta
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Menlo Park
  • Carrier Code: C046
  • 4-Digit Zip Code: 7049
  • Zip Code: 94025

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,578
  • Tax Rate Code Area: 08-029

    Appraisal Valuation

  • Standard Deviation: 0.2172
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 70
  • Final Value: 3,110,796
  • High Value: 3,786,664
  • Low Value: 2,434,929

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,185,000
  • First Open Lien Mortgage Lender: WELLS FARGO HOME MTG INC
  • First Open Lien Mortgage Recording Date: Aug 13, 2002
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $685,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2032
  • Second Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • Second Open Lien Mortgage Recording Date: Mar 02, 2007
  • Second Open Lien Mortgage Loan Amount: $500,000
  • Second Open Lien Mortgage Term: 478
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Feb 14, 2047

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $987,915
  • Assessed Land Value: $430,836
  • Assessed Improvements Value: $557,079

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 23, 1994
  • Current Sale Recording Date: Jun 28, 1994
  • Current Sale Transaction ID: 1077678210
  • Current Sale Price: $538,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 94111221

    Last Sale Mortgage

  • First Mortgage Lender: BOMAR MTG ACCEPTANCE
  • First Mortgage Transaction Date: Jun 28, 1994
  • First Mortgage Loan Amount: $430,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Jul 01, 2024

    Financing

  • First Mortgage Financing Type: Variable

About Sharon Height



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Frequently Asked Questions

What neighborhood is 15 Shasta Lane located in?
The 15 Shasta Lane is a located in the neighborhood of Sharon Height in Sharon Height, Menlo Park.
What is the average sales price for listings in 15 Shasta Lane?
The average sales price for units in 15 Shasta Lane is $0 currently.

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