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3400 Shasta Drive

3400 Shasta Drive, San Mateo, CA 94403
Property in Sugarloaf
Sold Jan 14, 2021
$2,253,000
$1,802,400 by Wells Fargo Bank Na
Mortgage Due Feb 01, 2051
3400 Shasta Drive has been categorized by the local assessors in San Mateo, CA as a residential type of property. The building on the property was first built in 1963 and is 61 years old. The home has a total of 8 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 3400 Shasta Drive has 2,240 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 1,550 ft and across the front of the lot is 650 ft. The area measurement of the land has been determined as 10,075 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 500 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. 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, 3400 Shasta Drive sold most recently in Jan 6, 2021 for a total of $2,253,000. If you work out the math, that's approximately a cost of $822.26 per sqft. 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 $27,808 in taxes each year. 3400 Shasta Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $2,298,060. If we break it down further, the land itself was valued at $1,530,000. Improvements to the property, however, were assessed at a total of $768,060. 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.

Building Features

Parking

Attached Garage
On-Street Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 500
  • Garage Type: Underground/basement
  • Garage Square Area: 500
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,075
  • Lot Size Depth Feet: 1,550
  • Lot Size Frontage Feet: 650
  • Total Building Area: 2,740
  • Gross Building Area: 2,740
  • 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: LAURELWOOD MAP NO 5
  • Land Acres: 0.231
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 6 BLK 6 LAURELWOOD MAP NO 5 RSM 55/41 43

Ownership

  • Current Owner : SMITH ALEXANDER C
  • Current Owner 2: SMITH JENNIFER L
  • Previous Owner : OCHS KAY
  • Previous Owner 2: MERRIHEW CARL N
  • Is Owner Occupied: Owner-occupied property
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: San Mateo-Foster City Elementary School District
  • Census Tract: 607000

Zoning

  • Zoning: R10006

Geography

  • Assessors Map Reference: 32-C3
  • Parcel: 041-274-060
  • Block: 6
  • Lot: 6
  • Latitude: 37.5276
  • Longitude: -122.325

    Address

  • Full Address: 3400 Shasta Dr
  • Address - House Number: 3400
  • Address - Street Name: Shasta
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: San Mateo
  • Carrier Code: C024
  • 4-Digit Zip Code: 3909
  • Zip Code: 94403

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $27,808
  • Tax Rate Code Area: 12-009

    Appraisal Valuation

  • Standard Deviation: 0.2107
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 71
  • Final Value: 2,527,400
  • High Value: 3,060,058
  • Low Value: 1,994,741

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,802,400
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Jan 14, 2021
  • First Open Lien Mortgage Loan Amount: $1,802,400
  • 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: Feb 01, 2051

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $2,298,060
  • Assessed Land Value: $1,530,000
  • Assessed Improvements Value: $768,060

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 06, 2021
  • Current Sale Recording Date: Jan 14, 2021
  • Current Sale Transaction ID: 11816170206
  • Current Sale Price: $2,253,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021-006885

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jan 14, 2021
  • First Mortgage Loan Amount: $1,802,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2051

About Sugarloaf



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Frequently Asked Questions

What neighborhood is 3400 Shasta Drive located in?
The 3400 Shasta Drive is a located in the neighborhood of Sugarloaf in Sugarloaf, San Mateo.
What is the average sales price for listings in 3400 Shasta Drive?
The average sales price for units in 3400 Shasta Drive is $0 currently.

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