NOT LISTED FOR SALE

48 Lake Meadow Dr Daly City, CA 94015

Westlake Neighborhood

Estimated Value: $1,358,000 - $1,388,189

4 Beds
2 Baths
1,866 Sq Ft
$737/Sq Ft Est. Value

Last Sold February 11, 2016

Last sale price $1,000,000 $536 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $8,883/month

3 Days on Market

Highlights

  • Wood Flooring
  • Granite Countertops
  • Forced Air Heating System
  • Marjorie H. Tobias Elementary School Rated A-
  • Double Pane Windows
  • Separate Family Room

About This Home

As of February 2016

Beautifully remodeled Westlake home ready and waiting for you! New kitchen, new bathrooms, bedroom and family room addition (permitted), hardwood floors and nice views. Conveniently located near the ocean, schools, shops, restaurants and transportation.

Last Agent to Sell the Property

George Chopoff

RE/MAX Gold Redwood Shores. License #01007920 Listed on: 01/14/2016

RE/MAX Gold Redwood Shores.

Last Buyer's Agent

Vicky Costantini

Golden Gate Sotheby's International Realty License #01498092

Golden Gate Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,242

Year Built

  • Built in 1954

Lot Details

  • 3,398 Sq Ft Lot
  • Fenced
  • Lot Sloped Up
  • Zoning described as R10003

Parking

  • 1 Car Garage

Home Design

  • Flat Roof Shape
  • Wood Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,866 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Double Pane Windows
  • Separate Family Room
  • Wood Flooring

Kitchen

  • Electric Cooktop
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 006-064-080

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,242

Year Built

Built in 1954

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Age: 62
  • Listing Class: Residential
  • Structure Sq Ft: 1866
  • Year Built: 1954
  • Zoning Description: R10003
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining "L"
  • Kitchen: Cooktop - Electric, Countertop - Granite
  • Living Sq Ft: 1866
  • Stories: 1
  • Flooring: Hardwood
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Flat / Low Pitch, Shingle
  • Fencing: Fenced
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: Jefferson Union High

Lot Info

  • Lot Description: Grade - Sloped Up
  • Parcel Number: 006-064-080
  • Lot Acres: 0.0780
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3400.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3400.00

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Jefferson Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2016
Closed on
Feb 3, 2016
Sold by
Lam Peter H and Ku Yuk Fun
Bought by
Matthews Jennifer and Savage Robert
Seller's Agent
George Chopoff
RE/MAX Gold Redwood Shores.
Buyer's Agent
Vicky Costantini
Golden Gate Sotheby's International Realty
List Price
$899,988
Sold Price
$1,000,000
Premium/Discount to List
$100,012
11.11%
Current Estimated Value
$1,397,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$397,232
Avg. Annual Appreciation
3.56%
Original Mortgage
$650,000
Outstanding Balance
$521,410
Interest Rate
3.98%
Mortgage Type
New Conventional
Estimated Equity
$873,750

Purchase Details

Closed on
May 4, 2011
Sold by
Lam Peter H
Bought by
Lam Peter H and Ku Yuk Fun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 18, 2002
Sold by
Ku Yuk Fun
Bought by
Lam Peter H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,000
Interest Rate
6.94%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 11, 1995
Sold by
Lam Im Choi and Kong Miu Hing
Bought by
Lam Im Choi and Lam Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,000
Interest Rate
7.19%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Matthews Jennifer $1,000,000 Lawyers Title Company
Lam Peter H -- First American Title Company
Lam Peter H -- Chicago Title Co
Lam Im Choi -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Matthews Jennifer $650,000
Previous Owner Lam Peter H $397,000
Previous Owner Lam Peter H $406,000
Previous Owner Lam Peter H $417,000
Previous Owner Lam Peter H $1,155,600
Previous Owner Lam Peter H $100,000
Previous Owner Lam Peter H $238,000
Previous Owner Lam Peter H $239,000
Previous Owner Lam Peter H $158,000
Previous Owner Lam Peter H $247,000
Previous Owner Lam Peter H $252,700
Previous Owner Lam Peter H $165,000
Previous Owner Lam Im Choi $181,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2016 02/11/16 Sold $1,000,000 +11.1% $536 / Sq Ft
01/18/2016 01/18/16 Pending -- -- --
01/14/2016 01/14/16 For Sale $899,988 -- $482 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $15,242 $1,183,792 $591,896 $591,896
2023 $15,242 $1,137,826 $568,913 $568,913
2022 $14,672 $1,115,516 $557,758 $557,758
2021 $14,337 $1,093,644 $546,822 $546,822
2020 $14,128 $1,082,432 $541,216 $541,216
2019 $13,983 $1,061,208 $530,604 $530,604
2018 $13,261 $1,040,400 $520,200 $520,200
2017 $13,141 $1,020,000 $510,000 $510,000
2016 $5,764 $472,349 $216,016 $256,333
2015 $6,567 $465,256 $212,772 $252,484
2014 $6,203 $456,145 $208,605 $247,540
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2016

    George Chopoff

    RE/MAX

    Section Image

  • V

    Buyer's Agent in 2016

    Vicky Costantini

    Golden Gate Sotheby's International Realty

    Section Image
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Map

Source: MLSListings

MLS Number: ML81546990

MLSListings

APN: 006-064-080

California San Mateo County Daly City 94015 Westlake

48 Lake Meadow Dr, Daly City, CA

This home is located at 48 Lake Meadow Dr, Daly City, CA 94015 since 14 January 2016 and is currently estimated at $1,375,547, approximately $737 per square foot. This property was built in 1954. 48 Lake Meadow Dr is a home located in San Mateo County with nearby schools including Marjorie H. Tobias Elementary School, Benjamin Franklin Intermediate School, and Westmoor High School.

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