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3480 Ralston Avenue

3480 Ralston Avenue, Burlingame, CA 94010
Property in San Mateo
Sold Sep 02, 2022
$9,000,000
$5,000,000 by First Republic Bank
Mortgage Due Sep 01, 2052
Sold Aug 31, 2021
$8,000,000
3480 Ralston Avenue in Burlingame, CA was first built in 2011 and is 13 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 10 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 5 full bathrooms. There are 6 partial bathrooms. 3480 Ralston Avenue has 5,015 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 1,550 ft and the linear feet between the front and back of the lot is 1,400. In total, the area measurement of the land is 21,700 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. For those who need parking, there is a garage. The garage is 650 sqft. There are a total of 3 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, 3480 Ralston Avenue sold most recently in Aug 25, 2022 for a total of $9,000,000. If you work out the math, that's approximately a cost of $1,794.62 per sqft. Before that, the property was also sold for $8,000,000 in Aug 25, 2021. 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 $93,365 in taxes each year. 3480 Ralston Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $8,000,000. If we break it down further, the land itself was valued at $2,700,000. Improvements to the property, however, were assessed at a total of $5,300,000. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 2011
  • Effective Year Built: 2011
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 3
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 650
  • Parking Space Count: 3
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 21,700
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 1,550
  • Total Building Area: 5,015
  • Gross Building Area: 5,015
  • Building Area: 5,015
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 5,015
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CAROLANDS PARK MAP NO 1
  • Land Acres: 0.498
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 1 BLOCK 4 CAROLANDS PARK MAP NO 1 RSM 27/20 TOWN OF HILLSBOROUGH

Ownership

  • Current Owner : DAVID T KIM SEPARATE PROPERTY TRUST
  • Previous Owner : JOHN PARK
  • Owner Before Previous Owner: GOODMAN GARY S
  • Owner Before Previous Owner 2: GOODMAN LYNN ANN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: San Mateo Union High School District
  • Census Tract: 605600

Zoning

  • Zoning: R10025

Geography

  • Assessors Map Reference: 28-E5
  • Parcel: 030-064-040
  • Block: 4
  • Lot: 1
  • Latitude: 37.557
  • Longitude: -122.369

    Address

  • Full Address: 3480 Ralston Ave
  • Address - House Number: 3480
  • Address - Street Name: Ralston
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Hillsborough
  • Carrier Code: C039
  • 4-Digit Zip Code: 6730
  • Zip Code: 94010

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $93,365
  • Tax Rate Code Area: 06-001

    Appraisal Valuation

  • Standard Deviation: 0.221
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 69
  • Final Value: 6,953,422
  • High Value: 8,490,644
  • Low Value: 5,416,201

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $5,000,000
  • First Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • First Open Lien Mortgage Recording Date: Sep 02, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $5,000,000
  • 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: Sep 01, 2052

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $8,000,000
  • Assessed Land Value: $2,700,000
  • Assessed Improvements Value: $5,300,000

    Sales

  • Current Sale Contract Date: Aug 25, 2022
  • Current Sale Recording Date: Sep 02, 2022
  • Current Sale Transaction ID: 11895964496
  • Current Sale Price: $9,000,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 64877
  • Previous Sale Recording Date: Aug 31, 2021
  • Previous Sale Contract Date: Aug 25, 2021
  • Previous Sale Amount: $8,000,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST REPUBLIC BANK
  • First Mortgage Transaction Date: Sep 02, 2022
  • First Mortgage Loan Amount: $5,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2052

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Hillsborough



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Frequently Asked Questions

What neighborhood is 3480 Ralston Avenue located in?
The 3480 Ralston Avenue is a located in the neighborhood of San Mateo in Hillsborough, Burlingame.
What is the average sales price for listings in 3480 Ralston Avenue?
The average sales price for units in 3480 Ralston Avenue is $0 currently.

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