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1518 Spinnaker Lane

1518 Spinnaker Lane, Half Moon Bay, CA 94019
Property in San Mateo
Sold Mar 06, 2020
$1,525,000
$529,600 by Rocket Mortgage Llc
Mortgage Due Aug 01, 2052
Sold Jan 29, 2016
$1,101,000
$566,000 by Bofi Federal Bank
Mortgage Due Feb 01, 2046
1518 Spinnaker Lane in Half Moon Bay, CA was first built in 1975 and is 49 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 10 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 1518 Spinnaker Lane has 2,581 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. The linear feet across the front of the lot is 610 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 6,100 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. The garage is 440 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. 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, 1518 Spinnaker Lane was last sold in Feb 24, 2020 for $1,525,000. According to our calculations, that's $590.86 per sqft. Prior to that sales transaction, the property was sold for $1,101,000 in Jan 11, 2016. Current property owners are expected to pay $18,563 in taxes per year. The property on 1518 Spinnaker Lane was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $1,571,614. To break that down further, the land itself was valued at $695,632. While improvements to the property were assessed at a total of $875,982. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 10
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,100
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 610
  • Total Building Area: 2,581
  • Gross Building Area: 2,581
  • Building Area: 2,581
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,581
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SEA HAVEN UNIT NO 2
  • Land Acres: 0.14
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 8 BLK 2 SEA HAVEN UNIT NO 2 RSM 73/43 44

Ownership

  • Current Owner : PUTNAM CHERYL
  • Previous Owner : KNIER ELIZABETH N
  • Previous Owner 2: ELIZABETH N KNIER TRUST
  • Owner Before Previous Owner: POULSEN CRAIG L
  • Owner Before Previous Owner 2: POULSEN KAREN S
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Cabrillo Unified School District
  • Census Tract: 613501

Zoning

  • Zoning: R10006

Geography

  • Assessors Map Reference: 34-E3
  • Parcel: 048-362-200
  • Block: 2
  • Lot: 8
  • Latitude: 37.4808
  • Longitude: -122.441

    Address

  • Full Address: 1518 Spinnaker Ln
  • Address - House Number: 1518
  • Address - Street Name: Spinnaker
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Half Moon Bay
  • Carrier Code: C003
  • 4-Digit Zip Code: 1546
  • Zip Code: 94019

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $18,563
  • Tax Rate Code Area: 17-005

    Appraisal Valuation

  • Standard Deviation: 0.0851
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 93
  • Final Value: 1,597,677
  • High Value: 1,733,756
  • Low Value: 1,461,598

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $529,600
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Oct 26, 2022
  • First Open Lien Mortgage Loan Amount: $529,600
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Balloon
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2052

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,571,614
  • Assessed Land Value: $695,632
  • Assessed Improvements Value: $875,982

    Sales

  • Current Sale Contract Date: Feb 24, 2020
  • Current Sale Recording Date: Mar 06, 2020
  • Current Sale Transaction ID: 11749189708
  • Current Sale Price: $1,525,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2020-020752
  • Previous Sale Recording Date: Jan 29, 2016
  • Previous Sale Contract Date: Jan 11, 2016
  • Previous Sale Amount: $1,101,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: THE GOLDEN 1 CU
  • First Mortgage Transaction Date: Mar 06, 2020
  • First Mortgage Loan Amount: $1,220,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: BOFI FEDERAL BANK
  • Previous Mortgage Transaction Date: Jan 29, 2016
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $566,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Feb 01, 2046

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1518 Spinnaker Lane located in?
The 1518 Spinnaker Lane is a located in the neighborhood of San Mateo in Half Moon Bay, Half Moon Bay.
What is the average sales price for listings in 1518 Spinnaker Lane?
The average sales price for units in 1518 Spinnaker Lane is $0 currently.

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