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433 Burns Lane

433 Burns Lane, San Mateo, CA 94403
Property in Hillsdale
Sold Mar 01, 2021
$1,960,000
$1,250,000 by Jpmorgan Chase Bank Na
Mortgage Due Mar 01, 2051
Local assessors in San Mateo, CA have categorized 433 Burns Lane as a residential type of property. The home was built in 2015 and is 9 years old. The property's lot size has been calculated to be 4,469 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 4 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 3 full bathrooms. There are also 4 partial bathrooms. This is a 3 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 433 Burns Lane has a total of 2,320 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 480 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is excellent. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. 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, 433 Burns Lane was last sold in Feb 25, 2021 for $1,960,000. According to our calculations, that's $844.83 per sqft. Current property owners are expected to pay $29,797 in taxes per year. The property on 433 Burns Lane was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $1,999,200. To break that down further, the land itself was valued at $999,600. While improvements to the property were assessed at a total of $999,600. 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. 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.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: 2015
  • Effective Year Built: 2015
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Excellent
  • Building Quality: B
  • Building Style: Condo
  • Floor Count: 3
  • Living Units: 76
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 480
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,469
  • Total Building Area: 2,320
  • Gross Building Area: 2,320
  • Building Area: 2,320
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,320
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CANTERBURY PHASE 6 RES 5.2 BAY MEADOWS P
  • Land Acres: 0.103
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: UNIT I1 CANTERBURY PHASE 6 RES 5.2 BAY MEADOWS PHASE II NO 2 DOC 2014-047258

Ownership

  • Current Owner : SHAH AVNI J
  • Previous Owner : SHAO BILLY JYEEN
  • Previous Owner 2: CHU CYNTHIA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: San Mateo-Foster City Elementary School District
  • Census Tract: 607500

Geography

  • Parcel: 124-220-010
  • Latitude: 37.5429
  • Longitude: -122.296

    Address

  • Full Address: 433 Burns Ln
  • Address - House Number: 433
  • Address - Street Name: Burns
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: San Mateo
  • Carrier Code: C030
  • 4-Digit Zip Code: 3463
  • Zip Code: 94403

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $29,797
  • Tax Rate Code Area: 12-001

    Appraisal Valuation

  • Standard Deviation: 0.2134
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 70
  • Final Value: 1,856,961
  • High Value: 2,253,237
  • Low Value: 1,460,686

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,250,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Mar 01, 2021
  • First Open Lien Mortgage Loan Amount: $1,250,000
  • 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: Mar 01, 2051

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,999,200
  • Assessed Land Value: $999,600
  • Assessed Improvements Value: $999,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 25, 2021
  • Current Sale Recording Date: Mar 01, 2021
  • Current Sale Transaction ID: 11825896894
  • Current Sale Price: $1,960,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021-033824

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Mar 01, 2021
  • First Mortgage Loan Amount: $1,250,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2051

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Frequently Asked Questions

What neighborhood is 433 Burns Lane located in?
The 433 Burns Lane is a located in the neighborhood of Hillsdale in Hillsdale, San Mateo.
What is the average sales price for listings in 433 Burns Lane?
The average sales price for units in 433 Burns Lane is $0 currently.

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