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40 Hoods Point Way

40 Hoods Point Way, San Mateo, CA 94402
Sold Feb 20, 2018
$2,218,000
$1,525,000 by Mufg Union Bank Na
Mortgage Due Mar 01, 2048
Local assessors in San Mateo, CA have categorized 40 Hoods Point Way as a residential type of property. The home was built in 1959 and is 65 years old. The property's lot size has been calculated to be 10,300 square feet. The linear feet between the front and back of the lot was measured at 1,030 ft and the front of the lot was measured at 1,000 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 4 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. If we look only at the heated or air conditioned part of the building, then 40 Hoods Point Way has a total of 1,760 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 470 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. The property was last sold in Feb 7, 2018 for $2,218,000. That's $1,260.23 per sqft. 40 Hoods Point Way was last assessed in 2022. The total value of the property was assessed at $2,378,142. Specifically, the land the property is located on was valued at $1,929,963. While improvements on the property were assessed at a total of $448,179. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $29,183. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 470
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,300
  • Lot Size Depth Feet: 1,030
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,760
  • Gross Building Area: 1,760
  • Building Area: 1,760
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,760
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THE HIGHLANDS
  • Land Acres: 0.237
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 14 BLOCK 3 THE HIGHLANDS RSM 43/23 25

Ownership

  • Current Owner : FONG ALVIN
  • Current Owner 2: FONG LAN
  • Previous Owner : ASVITT STEVEN JOHN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: San Mateo-Foster City Elementary School District
  • Census Tract: 606900

Zoning

  • Zoning: R10008

Geography

  • Assessors Map Reference: 32-B4
  • Parcel: 041-142-140
  • Block: 3
  • Lot: 14
  • Latitude: 37.5184
  • Longitude: -122.34

    Address

  • Full Address: 40 Hoods Point Way
  • Address - House Number: 40
  • Address - Street Name: Hoods Point
  • Address - Suffix Type: Way
  • State: CA
  • City Name: San Mateo
  • Carrier Code: C027
  • 4-Digit Zip Code: 4011
  • Zip Code: 94402

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $29,183
  • Tax Rate Code Area: 78-007

    Appraisal Valuation

  • Standard Deviation: 0.2188
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 70
  • Final Value: 2,769,430
  • High Value: 3,375,397
  • Low Value: 2,163,463

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,525,000
  • First Open Lien Mortgage Lender: MUFG UNION BANK NA
  • First Open Lien Mortgage Recording Date: Feb 20, 2018
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,525,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2048

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $2,378,142
  • Assessed Land Value: $1,929,963
  • Assessed Improvements Value: $448,179

    Sales

  • Current Sale Contract Date: Feb 07, 2018
  • Current Sale Recording Date: Feb 20, 2018
  • Current Sale Transaction ID: 11419505555
  • Current Sale Price: $2,218,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2018-011535

    Last Sale Mortgage

  • First Mortgage Lender: MUFG UNION BANK NA
  • First Mortgage Transaction Date: Feb 20, 2018
  • First Mortgage Loan Amount: $1,525,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Mar 01, 2048

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About San Mateo Highlands



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Frequently Asked Questions

What neighborhood is 40 Hoods Point Way located in?
The 40 Hoods Point Way is a located in the neighborhood of San Mateo Highlands in San Mateo Highlands, San Mateo.
What is the average sales price for listings in 40 Hoods Point Way?
The average sales price for units in 40 Hoods Point Way is $0 currently.

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