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634 Pico Avenue

634 Pico Avenue, San Mateo, CA 94403
Property in Beresford Park
Sold Oct 27, 2021
$1,850,000
$1,284,500 by Masters Team Mortgage
Mortgage Due Nov 01, 2051
Sold May 16, 2008
$955,000
Local assessors in San Mateo, CA have categorized 634 Pico Avenue as a residential type of property. The home was built in 1948 and is 76 years old. The property's lot size has been calculated to be 5,000 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 500 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 2 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 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 634 Pico Avenue has a total of 1,307 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. 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 280 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. 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, 634 Pico Avenue sold most recently in Oct 19, 2021 for a total of $1,850,000. If you work out the math, that's approximately a cost of $1,415.46 per sqft. Before that, the property was also sold for $955,000 in May 13, 2008. 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 $23,591 in taxes each year. 634 Pico Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $1,850,000. If we break it down further, the land itself was valued at $1,400,000. Improvements to the property, however, were assessed at a total of $450,000. The property's total assessed value has been marked as more than the total market value which is pretty atypical. 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.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: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 280
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,307
  • Gross Building Area: 1,307
  • Building Area: 1,307
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,307
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MEADOW HEIGHTS MAP NO 3
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 7 BLOCK 2 MEADOW HEIGHTS MAP NO 3 RSM 27/36 CITY OF SAN MATEO

Ownership

  • Current Owner : LUM KAR KENT
  • Current Owner 2: FUNG AMY D
  • Previous Owner : POWERS KATHRYN L
  • Previous Owner 2: KATHRYN L POWERS TRUST
  • Owner Before Previous Owner: POWERS DYLAN
  • Owner Before Previous Owner 2: POWERS TRACY DELANO
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: San Mateo-Foster City Elementary School District
  • Census Tract: 606700

Zoning

  • Zoning: R10006

Geography

  • Assessors Map Reference: 32-D1
  • Parcel: 039-113-170
  • Block: 2
  • Lot: 7
  • Latitude: 37.5407
  • Longitude: -122.318

    Address

  • Full Address: 634 Pico Ave
  • Address - House Number: 634
  • Address - Street Name: Pico
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: San Mateo
  • Carrier Code: C037
  • 4-Digit Zip Code: 1240
  • Zip Code: 94403

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $23,591
  • Tax Rate Code Area: 12-001

    Appraisal Valuation

  • Standard Deviation: 0.2122
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 71
  • Final Value: 1,972,050
  • High Value: 2,390,561
  • Low Value: 1,553,538

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,284,500
  • First Open Lien Mortgage Lender: MASTERS TEAM MORTGAGE
  • First Open Lien Mortgage Recording Date: Oct 27, 2021
  • First Open Lien Mortgage Loan Amount: $1,284,500
  • 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: Nov 01, 2051

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,850,000
  • Assessed Land Value: $1,400,000
  • Assessed Improvements Value: $450,000

    Sales

  • Current Sale Contract Date: Oct 19, 2021
  • Current Sale Recording Date: Oct 27, 2021
  • Current Sale Transaction ID: 11865690994
  • Current Sale Price: $1,850,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021-151035
  • Previous Sale Recording Date: May 16, 2008
  • Previous Sale Contract Date: May 13, 2008
  • Previous Sale Amount: $955,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: MASTERS TEAM MORTGAGE
  • First Mortgage Transaction Date: Oct 27, 2021
  • First Mortgage Loan Amount: $1,284,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

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Frequently Asked Questions

What neighborhood is 634 Pico Avenue located in?
The 634 Pico Avenue is a located in the neighborhood of Beresford Park in Beresford Park, San Mateo.
What is the average sales price for listings in 634 Pico Avenue?
The average sales price for units in 634 Pico Avenue is $0 currently.

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