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2324 Olympic Drive

2324 Olympic Drive, South San Francisco, CA 94080
Property in Westborough
Sold Jun 16, 2003
$719,000
$487,000 by Pmac Lending Services Inc
Mortgage Due Jul 01, 2050
Sold Apr 04, 2001
$655,000
$607,000 by World Svgs Bank Fsb
Mortgage Due Apr 15, 2031
2324 Olympic Drive in South San Francisco, CA was first built in 1962 and is 62 years old. This has been categorized as a residential property type. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 2324 Olympic Drive has 2,240 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 500 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 5,000 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage underground or in the basement. The garage is 800 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. 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, 2324 Olympic Drive sold most recently in Jun 12, 2003 for a total of $719,000. If you work out the math, that's approximately a cost of $236.51 per sqft. Before that, the property was also sold for $655,000 in Mar 27, 2001. 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 $11,139 in taxes each year. 2324 Olympic Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $981,274. If we break it down further, the land itself was valued at $490,637. Improvements to the property, however, were assessed at a total of $490,637. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 800
  • Garage Type: Underground/basement
  • Garage Square Area: 800
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 3,040
  • Gross Building Area: 3,040
  • Building Area: 2,240
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,240
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WESTBOROUGH UNIT NO 1C
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 23 BLK 10 WESTBOROUGH UNIT NO 1C RSM 56/14 15 SO SAN FRANCISCO UNIFIED SCH DIST

Ownership

  • Current Owner : LO DAVID FC
  • Current Owner 2: LO DANNY FM
  • Previous Owner : MADAMBA LIONEL M
  • Previous Owner 2: MADAMBA THERESA T
  • Owner Before Previous Owner: OBINIANA JAMES D
  • Owner Before Previous Owner 2: OBINIANA MARY LIANNE P
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: South San Francisco Unified School District
  • Census Tract: 602500

Zoning

  • Zoning: R10006

Geography

  • Assessors Map Reference: 23-D6
  • Parcel: 091-031-230
  • Block: 10
  • Lot: 23
  • Latitude: 37.6418
  • Longitude: -122.454

    Address

  • Full Address: 2324 Olympic Dr
  • Address - House Number: 2324
  • Address - Street Name: Olympic
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: South San Francisco
  • Carrier Code: C003
  • 4-Digit Zip Code: 5337
  • Zip Code: 94080

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,139
  • Tax Rate Code Area: 13-015

    Appraisal Valuation

  • Standard Deviation: 0.2216
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 69
  • Final Value: 1,578,029
  • High Value: 1,927,822
  • Low Value: 1,228,236

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $934,000
  • First Open Lien Mortgage Lender: PMAC LENDING SERVICES INC
  • First Open Lien Mortgage Recording Date: Jun 10, 2020
  • First Open Lien Mortgage Loan Amount: $487,000
  • 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: Jul 01, 2050
  • Second Open Lien Mortgage Lender: PATELCO CU
  • Second Open Lien Mortgage Recording Date: Sep 30, 2020
  • Second Open Lien Mortgage Loan Amount: $447,000
  • Second Open Lien Mortgage Term: 120
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Second
  • Second Open Lien Mortgage Loan Due Date: Oct 01, 2030

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $981,274
  • Assessed Land Value: $490,637
  • Assessed Improvements Value: $490,637

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 12, 2003
  • Current Sale Recording Date: Jun 16, 2003
  • Current Sale Transaction ID: 1052811519
  • Current Sale Price: $719,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2003164379
  • Previous Sale Recording Date: Apr 04, 2001
  • Previous Sale Contract Date: Mar 27, 2001
  • Previous Sale Amount: $655,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAS WHOLESALE LENDER
  • First Mortgage Transaction Date: Jun 16, 2003
  • First Mortgage Loan Amount: $539,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jul 01, 2033

    Previous Mortgages

  • Previous Mortgage Lender: WORLD SVGS BANK FSB
  • Previous Mortgage Transaction Date: Apr 04, 2001
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $607,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Stand Alone First
  • Previous Mortgage Loan Due Date: Apr 15, 2031

About Westborough



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 2324 Olympic Drive located in?
The 2324 Olympic Drive is a located in the neighborhood of Westborough in Westborough, South San Francisco.
What is the average sales price for listings in 2324 Olympic Drive?
The average sales price for units in 2324 Olympic Drive is $0 currently.

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