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525 4th Avenue

525 4th Avenue, San Bruno, CA 94066
Sold Apr 20, 2021
$1,388,000
$830,000 by East West Bank
Mortgage Due Aug 01, 2052
Sold Jul 23, 2012
$384,000
$230,000 by E F Foley & Co Inc
Mortgage
525 4th Avenue has been categorized by the local assessors in San Bruno, CA as a residential type of property. The building on the property was first built in 1939 and is 85 years old. The home has a total of 4 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. The building has a total of 2 stories. In addition, 525 4th Avenue has 2,860 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,000 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 5,000 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a multifamily style.

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 detached garage for those who require parking. The garage measured 420 sqft. According to our sources, there are a total of 2 available parking spaces. From what we've gathered, the quality of these control joints have been graded with a letter grade of A by the local assessor. 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. The property was last sold in Apr 12, 2021 for $1,388,000. That's $485.31 per sqft. Prior to that sales transaction, the property was also sold in Jun 4, 2012 for $384,000. 525 4th Avenue was last assessed in 2022. The total value of the property was assessed at $1,415,760. Specifically, the land the property is located on was valued at $632,400. While improvements on the property were assessed at a total of $783,360. 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 $15,716. 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: 1939
  • Effective Year Built: 1939
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: A
  • Building Style: Multifamily
  • Floor Count: 2
  • Living Units: 2
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 420
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,860
  • Gross Building Area: 2,860
  • Building Area: 2,860
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,860
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BELLE AIR PARK
  • Land Acres: 0.115
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: LOTS 39 & 40 BLOCK 27 BELLE AIR PARK RSM 5/10

Ownership

  • Current Owner : HUANG JINGWEN
  • Previous Owner : Q DREAMS LLC
  • Owner Before Previous Owner: THE BANK OF NEW YORK MELLON

Neighborhood

  • School District Name: San Bruno Park Elementary School District
  • Census Tract: 604200

Zoning

  • Zoning: R10006

Geography

  • Assessors Map Reference: 26-B2
  • Parcel: 020-204-120
  • Block: 27
  • Lot: 39,40
  • Latitude: 37.6257
  • Longitude: -122.406

    Address

  • Full Address: 525 4th Ave
  • Address - House Number: 525
  • Address - Street Name: 4th
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: San Bruno
  • Carrier Code: C022
  • 4-Digit Zip Code: 4511
  • Zip Code: 94066

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $15,716
  • Tax Rate Code Area: 10-024

    Appraisal Valuation

  • Standard Deviation: 0.4201
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 15
  • Final Value: 1,349,982
  • High Value: 1,917,229
  • Low Value: 782,734

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $830,000
  • First Open Lien Mortgage Lender: EAST WEST BANK
  • First Open Lien Mortgage Recording Date: Jul 28, 2022
  • First Open Lien Mortgage Loan Amount: $830,000
  • 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: Aug 01, 2052

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,415,760
  • Assessed Land Value: $632,400
  • Assessed Improvements Value: $783,360

    Sales

  • Current Sale Contract Date: Apr 12, 2021
  • Current Sale Recording Date: Apr 20, 2021
  • Current Sale Transaction ID: 11834142611
  • Current Sale Price: $1,388,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021-062690
  • Previous Sale Recording Date: Jul 23, 2012
  • Previous Sale Contract Date: Jun 04, 2012
  • Previous Sale Amount: $384,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: LEE REVOCABLE TRUST
  • First Mortgage Transaction Date: Apr 20, 2021
  • First Mortgage Loan Amount: $830,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Previous Mortgages

  • Previous Mortgage Lender: E F FOLEY & CO INC
  • Previous Mortgage Transaction Date: Jul 23, 2012
  • Previous Mortgage Loan Amount: $230,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Belle Air Park



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Frequently Asked Questions

What neighborhood is 525 4th Avenue located in?
The 525 4th Avenue is a located in the neighborhood of Belle Air Park South in Belle Air Park, San Bruno.
What is the average sales price for listings in 525 4th Avenue?
The average sales price for units in 525 4th Avenue is $0 currently.

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