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3 Morton Drive

3 Morton Drive, Daly City, CA 94015
Property in Serramonte
Sold Mar 08, 2021
$1,112,000
$612,000 by Patelco Cu
Mortgage Due Apr 01, 2051
Sold Aug 12, 2014
$650,000
Buyer
Seller
$250,000 by Bank Of America Na
Mortgage Due Sep 01, 2044
Local assessors in Daly City, CA have categorized 3 Morton Drive as a residential type of property. The home was built in 1971 and is 53 years old. The property's lot size has been calculated to be 3,264 square feet. The linear feet between the front and back of the lot was measured at 960 ft and the front of the lot was measured at 340 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 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 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 3 Morton Drive has a total of 1,210 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. The garage on the property is 270 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is good. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. 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, 3 Morton Drive sold most recently in Feb 24, 2021 for a total of $1,112,000. If you work out the math, that's approximately a cost of $919.01 per sqft. Before that, the property was also sold for $650,000 in Aug 1, 2014. 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 $13,479 in taxes each year. 3 Morton Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $1,134,240. If we break it down further, the land itself was valued at $729,300. Improvements to the property, however, were assessed at a total of $404,940. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 270
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 3,264
  • Lot Size Depth Feet: 960
  • Lot Size Frontage Feet: 340
  • Total Building Area: 1,210
  • Gross Building Area: 1,210
  • Building Area: 1,210
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,210
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SERRAMONTE UNIT NO 11
  • Land Acres: 0.075
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 72 BLK 38 SERRAMONTE UNIT NO 11 RSM 69/15 17

Ownership

  • Current Owner : BANOUVONG JACQUELYN
  • Current Owner 2: SHAO JIMMY
  • Previous Owner : CHEN KUAN
  • Owner Before Previous Owner: AMKAI INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Jefferson Union High School District
  • Census Tract: 601605

Zoning

  • Zoning: R10003

Geography

  • Assessors Map Reference: 23-B4
  • Parcel: 091-302-120
  • Block: 38
  • Lot: 72
  • Latitude: 37.6632
  • Longitude: -122.475

    Address

  • Full Address: 3 Morton Dr
  • Address - House Number: 3
  • Address - Street Name: Morton
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Daly City
  • Carrier Code: C056
  • 4-Digit Zip Code: 4415
  • Zip Code: 94015

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,479
  • Tax Rate Code Area: 05-036

    Appraisal Valuation

  • Standard Deviation: 0.2164
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 70
  • Final Value: 1,238,867
  • High Value: 1,506,972
  • Low Value: 970,762

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $612,000
  • First Open Lien Mortgage Lender: PATELCO CU
  • First Open Lien Mortgage Recording Date: Mar 08, 2021
  • First Open Lien Mortgage Loan Amount: $612,000
  • 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: Apr 01, 2051

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,134,240
  • Assessed Land Value: $729,300
  • Assessed Improvements Value: $404,940

    Sales

  • Current Sale Contract Date: Feb 24, 2021
  • Current Sale Recording Date: Mar 08, 2021
  • Current Sale Transaction ID: 11826712690
  • Current Sale Price: $1,112,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021-037828
  • Previous Sale Recording Date: Aug 12, 2014
  • Previous Sale Contract Date: Aug 01, 2014
  • Previous Sale Amount: $650,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: PATELCO CU
  • First Mortgage Transaction Date: Mar 08, 2021
  • First Mortgage Loan Amount: $612,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Aug 12, 2014
  • Previous Mortgage Loan Amount: $250,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2044

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Frequently Asked Questions

What neighborhood is 3 Morton Drive located in?
The 3 Morton Drive is a located in the neighborhood of Serramonte in Serramonte, Daly City.
What is the average sales price for listings in 3 Morton Drive?
The average sales price for units in 3 Morton Drive is $0 currently.

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