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401 Terrace Way

401 Terrace Way, San Mateo, CA 94403
Property in Sugarloaf
Sold Apr 14, 2003
$730,000
$584,000 by Bank Of America Na
Mortgage Due May 01, 2033
Sold Jun 30, 1999
$633,000
$120,000 by Partners Mtg Corp
Mortgage Due Jul 01, 2029
401 Terrace Way in San Mateo, CA was first built in 1941 and is 83 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 ranch/rambler style. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 401 Terrace Way has 1,720 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 540 ft and the linear feet between the front and back of the lot is 920. In total, the area measurement of the land is 4,968 square feet.

Learn more about the property and building on this page. The roof of the home is made of composition shingle. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a garage underground or in the basement. The garage is 390 sqft. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood siding. 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. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Mar 27, 2003 for $730,000. That's $345.97 per sqft. Prior to that sales transaction, the property was also sold in Jun 24, 1999 for $633,000. 401 Terrace Way was last assessed in 2022. The total value of the property was assessed at $996,288. Specifically, the land the property is located on was valued at $498,144. While improvements on the property were assessed at a total of $498,144. 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 $13,483. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1941
  • Effective Year Built: 1941
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Wood
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 390
  • Garage Type: Underground/basement
  • Garage Square Area: 390
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 4,968
  • Lot Size Depth Feet: 920
  • Lot Size Frontage Feet: 540
  • Total Building Area: 2,110
  • Gross Building Area: 2,110
  • Building Area: 1,720
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,720
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SAN MATEO TERRACE MAP NO 6
  • Land Acres: 0.114
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 7 BLOCK 20 SAN MATEO TERRACE MAP NO 6 RSM 23/36 CITY OF SAN MATEO

Ownership

  • Current Owner : ROLDAN ARSENIO P
  • Current Owner 2: ROLDAN MARIA ROSARIO M
  • Previous Owner : MATTSON LILY S
  • Owner Before Previous Owner: BRUTON STEPHEN F
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: San Mateo-Foster City Elementary School District
  • Census Tract: 607300

Zoning

  • Zoning: R10006

Geography

  • Assessors Map Reference: 32-E2
  • Parcel: 039-315-060
  • Block: 20
  • Lot: 7
  • Latitude: 37.5369
  • Longitude: -122.31

    Address

  • Full Address: 401 Terrace Way
  • Address - House Number: 401
  • Address - Street Name: Terrace
  • Address - Suffix Type: Way
  • State: CA
  • City Name: San Mateo
  • Carrier Code: C004
  • 4-Digit Zip Code: 2709
  • Zip Code: 94403

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,483
  • Tax Rate Code Area: 12-001

    Appraisal Valuation

  • Standard Deviation: 0.2107
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 71
  • Final Value: 2,038,011
  • High Value: 2,467,530
  • Low Value: 1,608,493

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $584,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Apr 14, 2003
  • First Open Lien Mortgage Loan Amount: $584,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: May 01, 2033

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $996,288
  • Assessed Land Value: $498,144
  • Assessed Improvements Value: $498,144

    Sales

  • Current Sale Contract Date: Mar 27, 2003
  • Current Sale Recording Date: Apr 14, 2003
  • Current Sale Transaction ID: 1052535740
  • Current Sale Price: $730,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2003098584
  • Previous Sale Recording Date: Jun 30, 1999
  • Previous Sale Contract Date: Jun 24, 1999
  • Previous Sale Amount: $633,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Apr 14, 2003
  • First Mortgage Loan Amount: $584,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: May 01, 2033

    Previous Mortgages

  • Previous Mortgage Lender: PARTNERS MTG CORP
  • Previous Mortgage Transaction Date: Jun 30, 1999
  • Previous Mortgage Loan Amount: $120,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jul 01, 2029

About Sugarloaf



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Frequently Asked Questions

What neighborhood is 401 Terrace Way located in?
The 401 Terrace Way is a located in the neighborhood of Sugarloaf in Sugarloaf, San Mateo.
What is the average sales price for listings in 401 Terrace Way?
The average sales price for units in 401 Terrace Way is $0 currently.

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