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60 Lookout Road

60 Lookout Road, Burlingame, CA 94010
Property in San Mateo
Sold Nov 05, 2021
$3,700,000
$2,590,000 by First Republic Bank
Mortgage Due Dec 01, 2051
Sold Jul 17, 2009
$1,828,000
$1,096,800 by Hsbc Mortgage Corporation Usa
Mortgage Due Aug 01, 2039
60 Lookout Road in Burlingame, CA was first built in 1979 and is 45 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 10 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 60 Lookout Road has 4,430 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. In total, the area measurement of the land is 109,335 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. For those who need parking, there is a garage. The garage is 650 sqft. There are a total of 2 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. 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, 60 Lookout Road sold most recently in Oct 29, 2021 for a total of $3,700,000. If you work out the math, that's approximately a cost of $835.21 per sqft. Before that, the property was also sold for $1,828,000 in Jul 16, 2009. 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 $46,096 in taxes each year. 60 Lookout Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $3,700,000. If we break it down further, the land itself was valued at $3,300,000. Improvements to the property, however, were assessed at a total of $400,000. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Floor Count: 2
  • 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: 109,335
  • Total Building Area: 4,430
  • Gross Building Area: 4,430
  • Building Area: 4,430
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,430
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HILLSBOROUGH PARK NO 3
  • Land Acres: 2.51
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 8 HILLSBOROUGH PARK NO 3 RSM 50/1 2 TOWN OF HILLSBOROUGH

Ownership

  • Current Owner : BECK STEPHEN H
  • Current Owner 2: BECK KAZUKO
  • Previous Owner : LIU LI
  • Owner Before Previous Owner: TOZER JAMES
  • Owner Before Previous Owner 2: TOZER DOLORES
  • Ownership Rights Codes: Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: San Mateo Union High School District
  • Census Tract: 605700

Zoning

  • Zoning: R10025

Geography

  • Assessors Map Reference: 28-F6
  • Parcel: 030-161-020
  • Lot: 8
  • Latitude: 37.5495
  • Longitude: -122.36

    Address

  • Full Address: 60 Lookout Rd
  • Address - House Number: 60
  • Address - Street Name: Lookout
  • Address - Suffix Type: Rd
  • State: CA
  • City Name: Hillsborough
  • Carrier Code: C020
  • 4-Digit Zip Code: 7135
  • Zip Code: 94010

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $46,096
  • Tax Rate Code Area: 06-001

    Appraisal Valuation

  • Standard Deviation: 0.2267
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 68
  • Final Value: 5,013,590
  • High Value: 6,150,192
  • Low Value: 3,876,988

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,590,000
  • First Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • First Open Lien Mortgage Recording Date: Nov 05, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $2,590,000
  • 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: Dec 01, 2051

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $3,700,000
  • Assessed Land Value: $3,300,000
  • Assessed Improvements Value: $400,000

    Sales

  • Current Sale Contract Date: Oct 29, 2021
  • Current Sale Recording Date: Nov 05, 2021
  • Current Sale Transaction ID: 11866263113
  • Current Sale Price: $3,700,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021-155011
  • Previous Sale Recording Date: Jul 17, 2009
  • Previous Sale Contract Date: Jul 16, 2009
  • Previous Sale Amount: $1,828,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST REPUBLIC BANK
  • First Mortgage Transaction Date: Nov 05, 2021
  • First Mortgage Loan Amount: $2,590,000
  • 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: HSBC MORTGAGE CORPORATION USA
  • Previous Mortgage Transaction Date: Jul 17, 2009
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $1,096,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Aug 01, 2039

About Hillsborough



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Frequently Asked Questions

What neighborhood is 60 Lookout Road located in?
The 60 Lookout Road is a located in the neighborhood of San Mateo in Hillsborough, Burlingame.
What is the average sales price for listings in 60 Lookout Road?
The average sales price for units in 60 Lookout Road is $0 currently.

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