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887 Balboa Lane

887 Balboa Lane, San Mateo, CA 94404
Property in Islands
Sold Apr 12, 2019
$1,200,000
Sold Nov 03, 1995
$278,000
$175,000 by Headlands Mtg Company
Mortgage Due Nov 01, 2025
887 Balboa Lane in San Mateo, CA was first built in 1975 and is 49 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a condo style. It is a single story home. There are a total of 5 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 887 Balboa Lane has 1,395 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 305,463 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. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Apr 10, 2019 for $1,200,000. That's $860.22 per sqft. Prior to that sales transaction, the property was also sold in Oct 24, 1995 for $278,000. 887 Balboa Lane was last assessed in 2022. The total value of the property was assessed at $1,261,413. Specifically, the land the property is located on was valued at $378,424. While improvements on the property were assessed at a total of $882,989. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $15,103. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. 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: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Style: Condo
  • Floor Count: 1
  • Living Units: 246
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 305,463
  • Total Building Area: 1,395
  • Gross Building Area: 1,395
  • Building Area: 1,395
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,395
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FOSTER CITY NGBD
  • Land Acres: 7.013
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: UNIT 31 FOSTER CITY NGBD NO 5 TR NO 35-75 RSM 87/12-22

Ownership

  • Current Owner : ZHONG YANG
  • Current Owner 2: ZHUANG PING
  • Previous Owner : CORNIL NINA HARRIS
  • Owner Before Previous Owner: BARREIRA THOMAS J
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: RMR3PD

Geography

  • Assessors Map Reference: 29-C5
  • Subdivision Tract Number: 35-75
  • Parcel: 105-860-070
  • Latitude: 37.5528
  • Longitude: -122.271

    Address

  • Full Address: 887 Balboa Ln
  • Address - House Number: 887
  • Address - Street Name: Balboa
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Foster City
  • Carrier Code: C020
  • 4-Digit Zip Code: 2931
  • Zip Code: 94404

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $15,103
  • Tax Rate Code Area: 20-007

    Appraisal Valuation

  • Standard Deviation: 0.1959
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 73
  • Final Value: 1,212,732
  • High Value: 1,450,422
  • Low Value: 975,041

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,261,413
  • Assessed Land Value: $378,424
  • Assessed Improvements Value: $882,989

    Sales

  • Current Sale Contract Date: Apr 10, 2019
  • Current Sale Recording Date: Apr 12, 2019
  • Current Sale Transaction ID: 11602425435
  • Current Sale Price: $1,200,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2019-026582
  • Previous Sale Recording Date: Nov 03, 1995
  • Previous Sale Contract Date: Oct 24, 1995
  • Previous Sale Amount: $278,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: SHAREVEST INC
  • First Mortgage Transaction Date: Apr 12, 2019
  • First Mortgage Loan Amount: $100,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: HEADLANDS MTG COMPANY
  • Previous Mortgage Transaction Date: Nov 03, 1995
  • Previous Mortgage Loan Amount: $175,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Nov 01, 2025

About Neighborhood 5



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Frequently Asked Questions

What neighborhood is 887 Balboa Lane located in?
The 887 Balboa Lane is a located in the neighborhood of Islands in Neighborhood 5, San Mateo.
What is the average sales price for listings in 887 Balboa Lane?
The average sales price for units in 887 Balboa Lane is $0 currently.

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