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416 Thatcher Lane

416 Thatcher Lane, San Mateo, CA 94404
Property in Alden Crossing
Sold May 31, 2017
$1,920,000
$920,000 by Hsbc Bank Usa
Mortgage Due Jun 01, 2047
Sold Sep 20, 2013
$1,410,000
$1,000,000 by Jpmorgan Chase Bank Na
Mortgage Due Oct 01, 2043
416 Thatcher Lane in San Mateo, CA was first built in 1985 and is 39 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 9 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 416 Thatcher Lane has 2,390 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 600 ft and the linear feet between the front and back of the lot is 980. In total, the area measurement of the land is 5,880 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage underground or in the basement. The garage is 620 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. The property was last sold in May 20, 2017 for $1,920,000. That's $637.87 per sqft. Prior to that sales transaction, the property was also sold in Sep 10, 2013 for $1,410,000. 416 Thatcher Lane was last assessed in 2022. The total value of the property was assessed at $2,099,798. Specifically, the land the property is located on was valued at $1,525,635. While improvements on the property were assessed at a total of $574,163. 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 $24,751. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 620
  • Garage Type: Underground/basement
  • Garage Square Area: 620
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 5,880
  • Lot Size Depth Feet: 980
  • Lot Size Frontage Feet: 600
  • Total Building Area: 3,010
  • Gross Building Area: 3,010
  • Building Area: 2,390
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,390
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRACT 108/84 FOSTER CITY
  • Land Acres: 0.135
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 2 TRACT 108/84 FOSTER CITY RSM 112/82-83

Ownership

  • Current Owner : CHEN YANLIN
  • Current Owner 2: WU YUE
  • Previous Owner : HADJISAVAS MICHAEL
  • Previous Owner 2: BAILEY REVELLE C
  • Owner Before Previous Owner: PRETORIUS MARK GAVIN
  • Owner Before Previous Owner 2: PRETORIUS MARYANNE STONE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: San Mateo-Foster City Elementary School District
  • Census Tract: 608013

Zoning

  • Zoning: R100PD

Geography

  • Assessors Map Reference: 33-C2
  • Subdivision Tract Number: 108
  • Parcel: 094-950-230
  • Lot: 2
  • Latitude: 37.5377
  • Longitude: -122.267

    Address

  • Full Address: 416 Thatcher Ln
  • Address - House Number: 416
  • Address - Street Name: Thatcher
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Foster City
  • Carrier Code: C008
  • 4-Digit Zip Code: 3953
  • Zip Code: 94404

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $24,751
  • Tax Rate Code Area: 20-009

    Appraisal Valuation

  • Standard Deviation: 0.2062
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 72
  • Final Value: 2,128,316
  • High Value: 2,567,329
  • Low Value: 1,689,303

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $920,000
  • First Open Lien Mortgage Lender: HSBC BANK USA
  • First Open Lien Mortgage Recording Date: May 31, 2017
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $920,000
  • 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: Jun 01, 2047

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $2,099,798
  • Assessed Land Value: $1,525,635
  • Assessed Improvements Value: $574,163

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 20, 2017
  • Current Sale Recording Date: May 31, 2017
  • Current Sale Transaction ID: 1732360232
  • Current Sale Price: $1,920,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2017-046620
  • Previous Sale Recording Date: Sep 20, 2013
  • Previous Sale Contract Date: Sep 10, 2013
  • Previous Sale Amount: $1,410,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: HSBC BANK USA
  • First Mortgage Transaction Date: May 31, 2017
  • First Mortgage Loan Amount: $920,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Jun 01, 2047

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: JPMORGAN CHASE BANK NA
  • Previous Mortgage Transaction Date: Sep 20, 2013
  • Previous Mortgage Loan Amount: $1,000,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2043

About Neighborhood 8



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Frequently Asked Questions

What neighborhood is 416 Thatcher Lane located in?
The 416 Thatcher Lane is a located in the neighborhood of Alden Crossing in Neighborhood 8, San Mateo.
What is the average sales price for listings in 416 Thatcher Lane?
The average sales price for units in 416 Thatcher Lane is $0 currently.

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