Check Availability

742 Aries Lane

742 Aries Lane, San Mateo, CA 94404
Property in Shell Cove
Sold Aug 19, 2020
$1,575,000
$1,260,000 by Wells Fargo Bank Na
Mortgage Due Sep 01, 2050
Sold Oct 20, 2014
$1,070,000
$695,500 by First Republic Bank
Mortgage Due Nov 01, 2044
742 Aries 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 1973 and is 51 years old. The home has a total of 8 rooms. 4 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, 742 Aries Lane has 1,920 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 2,198 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a contemporary 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 garage for those who require parking. The garage measured 440 sqft. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as good. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The roof of the building is made of wood shake/ shingles. The exterior walls of the building are made of stucco. 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. 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. 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, 742 Aries Lane sold most recently in Aug 11, 2020 for a total of $1,575,000. If you work out the math, that's approximately a cost of $820.31 per sqft. Before that, the property was also sold for $1,070,000 in Oct 14, 2014. 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 $19,029 in taxes each year. 742 Aries Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $1,606,500. If we break it down further, the land itself was valued at $803,250. Improvements to the property, however, were assessed at a total of $803,250. The property's total assessed value has been marked as more than the total market value which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Construction Type: Frame
  • Building Style: Contemporary
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 2,198
  • Lot Size Frontage Feet: 280
  • Total Building Area: 1,920
  • Gross Building Area: 1,920
  • Building Area: 1,920
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,920
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: FOSTER CITY NGBD NO 9
  • Land Acres: 0.051
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 56 BLK 2 TRACT NO 4-72 FOSTER CITY NGBD NO 9 RSM 77/1-3

Ownership

  • Current Owner : IGNATIUS RICKY
  • Current Owner 2: LAWU CORINA C
  • Previous Owner : YIN ZHIJUN
  • Previous Owner 2: ZHOU WEIYI
  • Owner Before Previous Owner: LARSEN BRENT R
  • Owner Before Previous Owner 2: LARSEN NANCY B
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: San Mateo-Foster City Elementary School District
  • Census Tract: 608024

Zoning

  • Zoning: RT0000

Geography

  • Assessors Map Reference: 29-B6
  • Subdivision Tract Number: 4
  • Parcel: 094-432-380
  • Block: 2
  • Lot: 56
  • Latitude: 37.5506
  • Longitude: -122.281

    Address

  • Full Address: 742 Aries Ln
  • Address - House Number: 742
  • Address - Street Name: Aries
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Foster City
  • Carrier Code: C033
  • 4-Digit Zip Code: 2750
  • Zip Code: 94404

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $19,029
  • Tax Rate Code Area: 20-003

    Appraisal Valuation

  • Standard Deviation: 0.2062
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 72
  • Final Value: 1,859,038
  • High Value: 2,242,507
  • Low Value: 1,475,570

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,260,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Aug 19, 2020
  • First Open Lien Mortgage Loan Amount: $1,260,000
  • 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: Sep 01, 2050

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,606,500
  • Assessed Land Value: $803,250
  • Assessed Improvements Value: $803,250

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 11, 2020
  • Current Sale Recording Date: Aug 19, 2020
  • Current Sale Transaction ID: 11785003658
  • Current Sale Price: $1,575,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2020-082755
  • Previous Sale Recording Date: Oct 20, 2014
  • Previous Sale Contract Date: Oct 14, 2014
  • Previous Sale Amount: $1,070,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Aug 19, 2020
  • First Mortgage Loan Amount: $1,260,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: FIRST REPUBLIC BANK
  • Previous Mortgage Transaction Date: Oct 20, 2014
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $695,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Nov 01, 2044

About Neighborhood 9



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 5206 Admiralty Ln, FOSTER CITY, CA, 94404

$3,200 /mo

  • 2 Beds
  • 1.5 Baths
  • 998 ft²
5206 Admiralty Ln, FOSTER CITY, CA, 94404 Listing by Angela Burnett
Unit for rent at 1101 Park Pl., San Mateo, CA, 94403

$3,402 /mo

  • 1 Bed
  • 1 Bath
  • 651 ft²
1101 Park Pl. #1 Bedroom A, San Mateo, CA, 94403 Listing by Equity Residential
Unit for rent at 244 Rock Harbor Lane, Foster City, CA, 94404

$3,458 /mo

  • 2 Beds
  • 1 Bath
  • 986 ft²
244 Rock Harbor Lane #Baywood, Foster City, CA, 94404 Listing by Equity Residential
Unit for rent at 300 Timberhead Lane, Foster City, CA, 94404

$3,233 /mo

  • 1 Bed
  • 1 Bath
  • 743 ft²
300 Timberhead Lane #Alderwood, Foster City, CA, 94404 Listing by Equity Residential
Unit for rent at 1600 E. Third Avenue, San Mateo, CA, 94401

$3,326 /mo

  • 2 Beds
  • 2 Baths
  • 875 ft²
1600 E. Third Avenue #The Sequoia, San Mateo, CA, 94401 Listing by Equity Residential
Unit for rent at 3204 Casa De Campo Way, San Mateo, CA, 94403

$3,572 /mo

  • 3 Beds
  • 2 Baths
  • 950 ft²
3204 Casa De Campo Way #32491, San Mateo, CA, 94403 Listing by Bay Terrace

Frequently Asked Questions

What neighborhood is 742 Aries Lane located in?
The 742 Aries Lane is a located in the neighborhood of Shell Cove in Neighborhood 9, San Mateo.
What is the average sales price for listings in 742 Aries Lane?
The average sales price for units in 742 Aries Lane is $0 currently.

Quantcast