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85 Rowan Tree Lane

85 Rowan Tree Lane, Burlingame, CA 94010
Property in San Mateo
Refi Sep 02, 2021
Transfer
$5,625,000 by Finance Of America Reverse Llc
Mortgage Due Jul 25, 2091
85 Rowan Tree Lane has been categorized by the local assessors in Burlingame, CA as a residential type of property. The building on the property was first built in 1977 and is 47 years old. The home has a total of 10 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. In addition, 85 Rowan Tree Lane has 3,410 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,830 ft and across the front of the lot is 1,500 ft. The area measurement of the land has been determined as 27,450 square feet.

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 760 sqft. According to our sources, there are a total of 3 available parking spaces. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Current property owners are expected to pay $10,513 in taxes per year. The property on 85 Rowan Tree Lane was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $522,481. To break that down further, the land itself was valued at $119,722. While improvements to the property were assessed at a total of $402,759. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 760
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 27,450
  • Lot Size Depth Feet: 1,830
  • Lot Size Frontage Feet: 1,500
  • Total Building Area: 3,410
  • Gross Building Area: 3,410
  • Building Area: 3,410
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,410
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SKYFARM UNIT 2
  • Land Acres: 0.63
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 33 SKYFARM UNIT 2 RSM 74/36 38

Ownership

  • Ownership Rights Codes: Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: San Mateo Union High School District
  • Census Tract: 605600

Zoning

  • Zoning: R10000

Geography

  • Assessors Map Reference: 28-E5
  • Parcel: 028-361-060
  • Lot: 33
  • Latitude: 37.5613
  • Longitude: -122.379

    Address

  • Full Address: 85 Rowan Tree Ln
  • Address - House Number: 85
  • Address - Street Name: Rowan Tree
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Hillsborough
  • Carrier Code: C013
  • 4-Digit Zip Code: 6333
  • Zip Code: 94010

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,513
  • Tax Rate Code Area: 06-001

    Appraisal Valuation

  • Standard Deviation: 0.2267
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 68
  • Final Value: 4,364,234
  • High Value: 5,353,624
  • Low Value: 3,374,844

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $5,625,000
  • First Open Lien Mortgage Lender: FINANCE OF AMERICA REVERSE LLC
  • First Open Lien Mortgage Recording Date: Sep 02, 2021
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $5,625,000
  • First Open Lien Mortgage Term: 837
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Jul 25, 2091

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $522,481
  • Assessed Land Value: $119,722
  • Assessed Improvements Value: $402,759

About Hillsborough



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Frequently Asked Questions

What neighborhood is 85 Rowan Tree Lane located in?
The 85 Rowan Tree Lane is a located in the neighborhood of San Mateo in Hillsborough, Burlingame.
What is the average sales price for listings in 85 Rowan Tree Lane?
The average sales price for units in 85 Rowan Tree Lane is $0 currently.

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