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485 Barbara Way

485 Barbara Way, Burlingame, CA 94010
Property in San Mateo
Sold Nov 18, 2021
$5,325,000
$3,461,250 by First Republic Bank
Mortgage Due Dec 01, 2051
Sold Jul 24, 2000
$1,708,000
$725,000 by Washington Mutual Bank Fa
Mortgage Due Aug 01, 2030
Local assessors in Burlingame, CA have categorized 485 Barbara Way as a residential type of property. The home was built in 1954 and is 70 years old. The property's lot size has been calculated to be 23,236 square feet. The linear feet between the front and back of the lot was measured at 1,570 ft and the front of the lot was measured at 1,480 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 11 rooms in the home. Of these, 7 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 5 full bathrooms. There are also 6 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 485 Barbara Way has a total of 3,500 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 650 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. 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, 485 Barbara Way sold most recently in Nov 8, 2021 for a total of $5,325,000. If you work out the math, that's approximately a cost of $1,521.43 per sqft. Before that, the property was also sold for $1,708,000 in Jul 17, 2000. 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 $64,036 in taxes each year. 485 Barbara Way was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $5,325,000. If we break it down further, the land itself was valued at $3,900,000. Improvements to the property, however, were assessed at a total of $1,425,000. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 7
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 650
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 23,236
  • Lot Size Depth Feet: 1,570
  • Lot Size Frontage Feet: 1,480
  • Total Building Area: 3,500
  • Gross Building Area: 3,500
  • Building Area: 3,500
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,500
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CAROLANDS PARK MAP NO 5
  • Land Acres: 0.533
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 7 BLOCK 9 CAROLANDS PARK MAP NO 5 RSM 34/14 15 TOWN OF HILLSBOROUGH

Ownership

  • Current Owner : SARPANGAL DHEERAJ
  • Current Owner 2: RAMKUMAR NITHYA
  • Previous Owner : OSKAMP MARY WANG
  • Previous Owner 2: THE MARY WANG OSKAMP TRUST
  • Owner Before Previous Owner: CARL NIELSEN
  • Owner Before Previous Owner 2: CARL SHELLEY L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

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

Zoning

  • Zoning: R10025

Geography

  • Assessors Map Reference: 28-E6
  • Parcel: 030-131-020
  • Block: 9
  • Lot: 7
  • Latitude: 37.5509
  • Longitude: -122.372

    Address

  • Full Address: 485 Barbara Way
  • Address - House Number: 485
  • Address - Street Name: Barbara
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Hillsborough
  • Carrier Code: C019
  • 4-Digit Zip Code: 6701
  • Zip Code: 94010

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $64,036
  • Tax Rate Code Area: 06-001

    Appraisal Valuation

  • Standard Deviation: 0.2302
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 68
  • Final Value: 5,330,856
  • High Value: 6,558,247
  • Low Value: 4,103,465

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,461,250
  • First Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • First Open Lien Mortgage Recording Date: Nov 18, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $3,461,250
  • 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: Dec 01, 2051

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $5,325,000
  • Assessed Land Value: $3,900,000
  • Assessed Improvements Value: $1,425,000

    Sales

  • Current Sale Contract Date: Nov 08, 2021
  • Current Sale Recording Date: Nov 18, 2021
  • Current Sale Transaction ID: 11870142949
  • Current Sale Price: $5,325,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021-160269
  • Previous Sale Recording Date: Jul 24, 2000
  • Previous Sale Contract Date: Jul 17, 2000
  • Previous Sale Amount: $1,708,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST REPUBLIC BANK
  • First Mortgage Transaction Date: Nov 18, 2021
  • First Mortgage Loan Amount: $3,461,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: WASHINGTON MUTUAL BANK FA
  • Previous Mortgage Transaction Date: Jul 24, 2000
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $725,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Aug 01, 2030

About Hillsborough



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 485 Barbara Way located in?
The 485 Barbara Way is a located in the neighborhood of San Mateo in Hillsborough, Burlingame.
What is the average sales price for listings in 485 Barbara Way?
The average sales price for units in 485 Barbara Way is $4,980,000 , or $1,111/sqft. currently.

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