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541 Trinidad Lane

541 Trinidad Lane, San Mateo, CA 94404
Property in Pitcairn
Sold Sep 10, 2021
$3,250,000
$822,000 by Wells Fargo Bank Na
Mortgage Due Oct 01, 2051
Sold May 05, 2000
$960,000
Buyer
Seller
Local assessors in San Mateo, CA have categorized 541 Trinidad Lane as a residential type of property. The home was built in 1976 and is 48 years old. The property's lot size has been calculated to be 6,450 square feet. The linear feet between the front and back of the lot was measured at 1,290 ft and the front of the lot was measured at 500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a contemporary style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 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 3 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 541 Trinidad Lane has a total of 2,180 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. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. 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 400 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a roof that is made of wood shake/ shingles. Lots of wood shingle were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 541 Trinidad Lane sold most recently in Aug 23, 2021 for a total of $3,250,000. If you work out the math, that's approximately a cost of $1,490.83 per sqft. Before that, the property was also sold for $960,000 in May 2, 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 $38,093 in taxes each year. 541 Trinidad Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $3,250,000. If we break it down further, the land itself was valued at $2,160,000. Improvements to the property, however, were assessed at a total of $1,090,000. 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: 1976
  • Effective Year Built: 1976
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Construction Type: Frame
  • Building Style: Contemporary
  • Exterior Walls Type: Wood shingle
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,450
  • Lot Size Depth Feet: 1,290
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,180
  • Gross Building Area: 2,180
  • Building Area: 2,180
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,180
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: PITCAIRN
  • Land Acres: 0.148
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 29 PITCAIRN RSM 90/3-4

Ownership

  • Current Owner : ZHOU RAY
  • Current Owner 2: REN CHRISTINA
  • Previous Owner : ZHAO YU
  • Previous Owner 2: HE WEN YAN
  • Owner Before Previous Owner: ANCA MURPHY
  • Ownership Rights Codes: Tenants in Common

Neighborhood

  • School District Name: San Mateo-Foster City Elementary School District
  • Census Tract: 608023

Zoning

  • Zoning: R100PD

Geography

  • Assessors Map Reference: 33-C1
  • Parcel: 094-791-290
  • Lot: 29
  • Latitude: 37.5407
  • Longitude: -122.268

    Address

  • Full Address: 541 Trinidad Ln
  • Address - House Number: 541
  • Address - Street Name: Trinidad
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Foster City
  • Carrier Code: C008
  • 4-Digit Zip Code: 3724
  • Zip Code: 94404

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $38,093
  • Tax Rate Code Area: 20-009

    Appraisal Valuation

  • Standard Deviation: 0.2078
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 71
  • Final Value: 2,891,357
  • High Value: 3,492,321
  • Low Value: 2,290,394

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $822,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Sep 10, 2021
  • First Open Lien Mortgage Loan Amount: $822,000
  • 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: Oct 01, 2051

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $3,250,000
  • Assessed Land Value: $2,160,000
  • Assessed Improvements Value: $1,090,000

    Sales

  • Current Sale Contract Date: Aug 23, 2021
  • Current Sale Recording Date: Sep 10, 2021
  • Current Sale Transaction ID: 11857096351
  • Current Sale Price: $3,250,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021-130864
  • Previous Sale Recording Date: May 05, 2000
  • Previous Sale Contract Date: May 02, 2000
  • Previous Sale Amount: $960,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Sep 10, 2021
  • First Mortgage Loan Amount: $822,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

About Neighborhood 7



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Frequently Asked Questions

What neighborhood is 541 Trinidad Lane located in?
The 541 Trinidad Lane is a located in the neighborhood of Pitcairn in Neighborhood 7, San Mateo.
What is the average sales price for listings in 541 Trinidad Lane?
The average sales price for units in 541 Trinidad Lane is $0 currently.

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