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1851 Monterey Drive

1851 Monterey Drive, San Bruno, CA 94066
Sold Sep 16, 2016
$1,000,000
$750,000 by Wells Fargo Bank Na
Mortgage Due Oct 01, 2046
Sold May 04, 2016
$790,000
1851 Monterey Drive has been categorized by the local assessors in San Bruno, CA as a residential type of property. The building on the property was first built in 1962 and is 62 years old. The home has a total of 7 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1851 Monterey Drive has 2,040 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 1,060 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 5,300 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 underground or in the basement for those who require parking. The garage measured 490 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. The property was last sold in Sep 13, 2016 for $1,000,000. That's $395.26 per sqft. Prior to that sales transaction, the property was also sold in Apr 29, 2016 for $790,000. 1851 Monterey Drive was last assessed in 2022. The total value of the property was assessed at $1,093,643. Specifically, the land the property is located on was valued at $725,086. While improvements on the property were assessed at a total of $368,557. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $12,067. 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! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 490
  • Garage Type: Underground/basement
  • Garage Square Area: 490
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,300
  • Lot Size Depth Feet: 1,060
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,530
  • Gross Building Area: 2,530
  • Building Area: 2,040
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,040
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PORTOLA HIGHLANDS NO 1
  • Land Acres: 0.122
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 9 BLK 4 PORTOLA HIGHLANDS NO 1 RSM 55/44 45

Ownership

  • Current Owner : CHELOTTI BRANDON A
  • Previous Owner : CORNERSTONE CAPITAL INVESTMENTS LLC
  • Owner Before Previous Owner: BHATIA GOBIND
  • Owner Before Previous Owner 2: WALIA NEELA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: San Bruno Park Elementary School District
  • Census Tract: 614000

Zoning

  • Zoning: R10006

Geography

  • Assessors Map Reference: 25-D3
  • Parcel: 017-401-330
  • Block: 4
  • Lot: 9
  • Latitude: 37.6213
  • Longitude: -122.448

    Address

  • Full Address: 1851 Monterey Dr
  • Address - House Number: 1851
  • Address - Street Name: Monterey
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: San Bruno
  • Carrier Code: C021
  • 4-Digit Zip Code: 2529
  • Zip Code: 94066

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,067
  • Tax Rate Code Area: 10-034

    Appraisal Valuation

  • Standard Deviation: 0.2192
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 69
  • Final Value: 1,549,115
  • High Value: 1,888,739
  • Low Value: 1,209,490

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $969,600
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Sep 16, 2016
  • First Open Lien Mortgage Loan Amount: $750,000
  • 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: Oct 01, 2046
  • Second Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • Second Open Lien Mortgage Recording Date: Nov 22, 2019
  • Second Open Lien Mortgage Loan Amount: $219,600
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • Second Open Lien Mortgage Loan Due Date: Dec 15, 2049

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,093,643
  • Assessed Land Value: $725,086
  • Assessed Improvements Value: $368,557

    Sales

  • Current Sale Contract Date: Sep 13, 2016
  • Current Sale Recording Date: Sep 16, 2016
  • Current Sale Transaction ID: 1800457208
  • Current Sale Price: $1,000,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2016-094768
  • Previous Sale Recording Date: May 04, 2016
  • Previous Sale Contract Date: Apr 29, 2016
  • Previous Sale Amount: $790,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Sep 16, 2016
  • First Mortgage Loan Amount: $750,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2046

About Portola Highlands



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Frequently Asked Questions

What neighborhood is 1851 Monterey Drive located in?
The 1851 Monterey Drive is a located in the neighborhood of Portola Highlands in Portola Highlands, San Bruno.
What is the average sales price for listings in 1851 Monterey Drive?
The average sales price for units in 1851 Monterey Drive is $0 currently.

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