Check Availability

323 Torino Drive

323 Torino Drive, San Carlos, CA 94070
Property in Beverly Terrace
Sold May 30, 2014
$4,000,000
$2,300,000 by First Republic Bank
Mortgage
Sold Jul 15, 2008
$2,218,500
323 Torino Drive in San Carlos, CA was first built in 1962 and is 62 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a multifamily style. There are a total of 3 floors. There are a total of 34 rooms in the home, of which, 14 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 323 Torino Drive has 12,132 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. In total, the area measurement of the land is 39,988 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. There are a total of 15 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of A. 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, 323 Torino Drive was last sold in May 27, 2014 for $4,000,000. According to our calculations, that's $329.71 per sqft. Prior to that sales transaction, the property was sold for $2,218,500 in Jul 10, 2008. Current property owners are expected to pay $63,430 in taxes per year. The property on 323 Torino Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $4,620,629. To break that down further, the land itself was valued at $3,465,474. While improvements to the property were assessed at a total of $1,155,155. 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. 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!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: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 34
  • Bedroom Count: 14
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: A
  • Building Style: Multifamily
  • Floor Count: 3
  • Living Units: 10
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 15

    Dimensions

  • Lot Size Square Feet: 39,988
  • Total Building Area: 12,132
  • Gross Building Area: 12,132
  • Building Area: 12,132
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 12,132
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SAN CARLOS ESTATES
  • Land Acres: 0.918
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: LOT 8 & ADJ 0.57 AC MOL PTN OF LOT 13 BLOCK 10 SAN CARLOS ESTATES UNIT NO 1 RSM 47/1 2 3 CITY OF SAN

Ownership

  • Current Owner : CHANG CHRISTOPHER C
  • Previous Owner : LEVIN ADAM
  • Previous Owner 2: LEVIN ELEONORA
  • Owner Before Previous Owner: HILDEBRANDT JENS
  • Owner Before Previous Owner 2: HILDEBRANDT MONIKA

Neighborhood

  • School District Name: Sequoia Union High School District
  • Census Tract: 609601

Geography

  • Assessors Map Reference: 36-B1
  • Parcel: 050-172-200
  • Block: 10
  • Lot: 8,13
  • Latitude: 37.4933
  • Longitude: -122.277

    Address

  • Full Address: 323 Torino Dr
  • Address - House Number: 323
  • Address - Street Name: Torino
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: San Carlos
  • Carrier Code: C005
  • 4-Digit Zip Code: 2887
  • Zip Code: 94070

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $63,430
  • Tax Rate Code Area: 11-001

    Appraisal Valuation

  • Standard Deviation: 0.4201
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 15
  • Final Value: 4,128,973
  • High Value: 5,863,921
  • Low Value: 2,394,024

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,300,000
  • First Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • First Open Lien Mortgage Recording Date: May 30, 2014
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $2,300,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $4,620,629
  • Assessed Land Value: $3,465,474
  • Assessed Improvements Value: $1,155,155

    Sales

  • Current Sale Contract Date: May 27, 2014
  • Current Sale Recording Date: May 30, 2014
  • Current Sale Transaction ID: 1077159080
  • Current Sale Price: $4,000,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2014-046986
  • Previous Sale Recording Date: Jul 15, 2008
  • Previous Sale Contract Date: Jul 10, 2008
  • Previous Sale Amount: $2,218,500
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: FIRST REPUBLIC BANK
  • First Mortgage Transaction Date: May 30, 2014
  • First Mortgage Loan Amount: $2,300,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Financing

  • First Mortgage Financing Type: Variable

About Beverly Terrace



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$1,900 /mo

  • 1 Bed
  • 1 Bath
Unit for rent at

$1,275 /mo

  • 1 Bed
  • 1 Bath
  • 750 ft²
Listing by Campbell & Cullom

Frequently Asked Questions

What neighborhood is 323 Torino Drive located in?
The 323 Torino Drive is a located in the neighborhood of Beverly Terrace in Beverly Terrace, San Carlos.
What is the average sales price for listings in 323 Torino Drive?
The average sales price for units in 323 Torino Drive is $0 currently.

Quantcast