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493 Lakeshire Drive

493 Lakeshire Drive, Daly City, CA 94015
Sold Dec 14, 2022
$1,200,000
Buyer
Seller
$700,000 by General Mortgage Capital Corpo
Mortgage Due Jan 01, 2053
Sold Oct 05, 2022
$597,500
Buyer
Seller
493 Lakeshire Drive has been categorized by the local assessors in Daly City, CA as a residential type of property. The building on the property was first built in 1960 and is 64 years old. The home has a total of 7 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 493 Lakeshire Drive has 1,890 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a partial basement that is 1,170 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 1,020 ft and across the front of the lot is 330 ft. The area measurement of the land has been determined as 3,366 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage underground or in the basement for those who require parking. The garage measured 600 sqft. According to our sources, there is one available parking space. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it 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, 493 Lakeshire Drive sold most recently in Dec 2, 2022 for a total of $1,200,000. If you work out the math, that's approximately a cost of $481.93 per sqft. Before that, the property was also sold for $597,500 in Sep 30, 2022. 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 $13,410 in taxes each year. 493 Lakeshire Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $1,019,270. If we break it down further, the land itself was valued at $509,635. Improvements to the property, however, were assessed at a total of $509,635. The property's total assessed value has been marked as more than the total market value which is pretty atypical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 1,170
  • Garage Type: Underground/basement
  • Garage Square Area: 600
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 3,366
  • Lot Size Depth Feet: 1,020
  • Lot Size Frontage Feet: 330
  • Total Building Area: 2,490
  • Gross Building Area: 2,490
  • Building Area: 1,890
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,890
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ST FRANCIS HEIGHTS UNIT NO 2
  • Land Acres: 0.077
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 3 BLOCK 34 ST FRANCIS HEIGHTS UNIT NO 2 RSM 49/1 4 CITY OF DALY CITY

Ownership

  • Current Owner : CHEN WEIDA
  • Previous Owner : CHEN KAI QU
  • Owner Before Previous Owner: CHEN KAI QU
  • Ownership Rights Codes: Single/unmarried man

Neighborhood

  • School District Name: Jefferson Union High School District
  • Census Tract: 601501

Zoning

  • Zoning: R10003

Geography

  • Assessors Map Reference: 23-A3
  • Parcel: 008-354-030
  • Block: 34
  • Lot: 3
  • Latitude: 37.6716
  • Longitude: -122.483

    Address

  • Full Address: 493 Lakeshire Dr
  • Address - House Number: 493
  • Address - Street Name: Lakeshire
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Daly City
  • Carrier Code: C078
  • 4-Digit Zip Code: 4227
  • Zip Code: 94015

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,410
  • Tax Rate Code Area: 05-036

    Appraisal Valuation

  • Standard Deviation: 0.0852
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 93
  • Final Value: 1,296,093
  • High Value: 1,406,631
  • Low Value: 1,185,554

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $700,000
  • First Open Lien Mortgage Lender: GENERAL MORTGAGE CAPITAL CORPO
  • First Open Lien Mortgage Recording Date: Dec 14, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $700,000
  • 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: Jan 01, 2053

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,019,270
  • Assessed Land Value: $509,635
  • Assessed Improvements Value: $509,635

    Sales

  • Current Sale Contract Date: Dec 02, 2022
  • Current Sale Recording Date: Dec 14, 2022
  • Current Sale Transaction ID: 11900182442
  • Current Sale Price: $1,200,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 85625
  • Previous Sale Recording Date: Oct 05, 2022
  • Previous Sale Contract Date: Sep 30, 2022
  • Previous Sale Amount: $597,500
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: GENERAL MORTGAGE CAPITAL CORPO
  • First Mortgage Transaction Date: Dec 14, 2022
  • First Mortgage Loan Amount: $700,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2053

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About St. Francis Heights



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Frequently Asked Questions

What neighborhood is 493 Lakeshire Drive located in?
The 493 Lakeshire Drive is a located in the neighborhood of St. Francis Heights in St. Francis Heights, Daly City.
What is the average sales price for listings in 493 Lakeshire Drive?
The average sales price for units in 493 Lakeshire Drive is $0 currently.

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