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629 Portofino Lane

629 Portofino Lane, San Mateo, CA 94404
Property in Islands
Sold Sep 30, 2020
$1,440,000
$1,152,000 by Wells Fargo Bank Na
Mortgage Due Oct 01, 2050
Sold Sep 01, 2016
$1,225,000
$735,000 by Ctbc Bank Corp Usa
Mortgage Due Sep 01, 2046
629 Portofino Lane has been categorized by the local assessors in San Mateo, CA as a residential type of property. The building on the property was first built in 1975 and is 49 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 629 Portofino Lane has 2,140 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 224,919 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo 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. Love to swim? You'll be excited to find out that there is a pool on the property. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 629 Portofino Lane was last sold in Aug 24, 2020 for $1,440,000. According to our calculations, that's $672.90 per sqft. Prior to that sales transaction, the property was sold for $1,225,000 in Aug 30, 2016. Current property owners are expected to pay $17,509 in taxes per year. The property on 629 Portofino Lane was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $1,468,800. To break that down further, the land itself was valued at $734,400. While improvements to the property were assessed at a total of $734,400. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Style: Condo
  • Floor Count: 2
  • Living Units: 246
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 224,919
  • Total Building Area: 2,140
  • Gross Building Area: 2,140
  • Building Area: 2,140
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,140
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: FOSTER CITY NGBD
  • Land Acres: 5.163
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: UNIT 72-ER FOSTER CITY NGBD NO 5 TR NO 17-73 RSM 93/10-20

Ownership

  • Current Owner : LEUSSINK JOEP
  • Current Owner 2: LEUSSINK VLADLENA
  • Previous Owner : CHEN LI
  • Previous Owner 2: CHEN LIU
  • Owner Before Previous Owner: HOO WARREN K
  • Owner Before Previous Owner 2: DEHONEY CHERYL J
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: San Mateo-Foster City Elementary School District
  • Census Tract: 608002

Zoning

  • Zoning: RMR3PD

Geography

  • Assessors Map Reference: 29-B6
  • Subdivision Tract Number: 17-73
  • Parcel: 106-040-240
  • Lot: 1
  • Latitude: 37.5524
  • Longitude: -122.272

    Address

  • Full Address: 629 Portofino Ln
  • Address - House Number: 629
  • Address - Street Name: Portofino
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Foster City
  • Carrier Code: C020
  • 4-Digit Zip Code: 2937
  • Zip Code: 94404

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $17,509
  • Tax Rate Code Area: 20-007

    Appraisal Valuation

  • Standard Deviation: 0.2027
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 72
  • Final Value: 1,502,786
  • High Value: 1,807,498
  • Low Value: 1,198,074

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,152,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Sep 30, 2020
  • First Open Lien Mortgage Loan Amount: $1,152,000
  • 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, 2050

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,468,800
  • Assessed Land Value: $734,400
  • Assessed Improvements Value: $734,400

    Sales

  • Current Sale Contract Date: Aug 24, 2020
  • Current Sale Recording Date: Sep 30, 2020
  • Current Sale Transaction ID: 11794441785
  • Current Sale Price: $1,440,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2020-103651
  • Previous Sale Recording Date: Sep 01, 2016
  • Previous Sale Contract Date: Aug 30, 2016
  • Previous Sale Amount: $1,225,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Sep 30, 2020
  • First Mortgage Loan Amount: $1,152,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: CTBC BANK CORP USA
  • Previous Mortgage Transaction Date: Sep 01, 2016
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $735,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Sep 01, 2046

About Neighborhood 5



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Frequently Asked Questions

What neighborhood is 629 Portofino Lane located in?
The 629 Portofino Lane is a located in the neighborhood of Islands in Neighborhood 5, San Mateo.
What is the average sales price for listings in 629 Portofino Lane?
The average sales price for units in 629 Portofino Lane is $0 currently.

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