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1044 Maddux Drive

1044 Maddux Drive, Palo Alto, CA 94303
Sold Oct 16, 2015
$1,815,000
$733,000 by Home Point Financial Corporati
Mortgage Due Oct 01, 2036
Local assessors in Palo Alto, CA have categorized 1044 Maddux Drive as a residential type of property. The home was built in 1952 and is 72 years old. The property's lot size has been calculated to be 5,880 square feet. The linear feet between the front and back of the lot was measured at 840 ft and the front of the lot was measured at 700 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a custom style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 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 is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1044 Maddux Drive has a total of 1,004 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. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. 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 264 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has both a porch and a screened patio so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. 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 - C. The building has a roof that is made of composition shingle. Lots of stucco were used in the construction of the exterior walls of the home. Residents rely on no air conditioning for their cooling system. The home's no heating system is the primary heating source and it is being fueled with nothing. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Oct 5, 2015 for $1,815,000. That's $1,807.77 per sqft. 1044 Maddux Drive was last assessed in 2023. The total value of the property was assessed at $2,065,153. Specifically, the land the property is located on was valued at $1,445,610. While improvements on the property were assessed at a total of $619,543. 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 $25,081. 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: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Custom
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 264
  • Parking Space Count: 1
  • Patio Type: Patio - screened
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 5,880
  • Lot Size Depth Feet: 840
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,004
  • Gross Building Area: 1,004
  • Building Area: 1,004
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: None
  • Heated Square Feet: 1,004
  • Heating Fuel Type: None

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: STERLING GARDENS 01
  • Land Acres: 0.135
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 912 STERLING GARDENS NO 1 BOOK 34 PAGE 40 PAGE 41 BLOCK 5 LOT 57

Ownership

  • Current Owner : LEE JEA HAN
  • Current Owner 2: LEE WOOKYUNG
  • Previous Owner : ANTHONY MITCHELL
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Palo Alto Unified School District
  • Census Tract: 511000

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 44-D2
  • Subdivision Tract Number: 912
  • Parcel: 127-08-057
  • Block: 5
  • Lot: 57
  • Municipality: PALO ALTO
  • Latitude: 37.4375
  • Longitude: -122.116

    Address

  • Full Address: 1044 Maddux Dr
  • Address - House Number: 1044
  • Address - Street Name: Maddux
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Palo Alto
  • Carrier Code: C055
  • 4-Digit Zip Code: 4012
  • Zip Code: 94303

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $25,081
  • Tax Rate Code Area: 06-001

    Appraisal Valuation

  • Standard Deviation: 0.2068
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 72
  • Final Value: 2,769,671
  • High Value: 3,342,503
  • Low Value: 2,196,838

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,483,000
  • First Open Lien Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Open Lien Mortgage Recording Date: Sep 07, 2021
  • First Open Lien Mortgage Loan Amount: $733,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2036
  • Second Open Lien Mortgage Lender: FREMONT BANK
  • Second Open Lien Mortgage Recording Date: Nov 01, 2022
  • Second Open Lien Mortgage Loan Amount: $750,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Oct 20, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,065,153
  • Assessed Land Value: $1,445,610
  • Assessed Improvements Value: $619,543

    Sales

  • Current Sale Contract Date: Oct 05, 2015
  • Current Sale Recording Date: Oct 16, 2015
  • Current Sale Transaction ID: 1331136785
  • Current Sale Price: $1,815,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 23118373

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Oct 16, 2015
  • First Mortgage Loan Amount: $1,100,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Nov 01, 2045

    Financing

  • First Mortgage Financing Type: Adjustable Rate

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1044 Maddux Drive located in?
The 1044 Maddux Drive is a located in the neighborhood of Midtown Palo Alto in Midtown Palo Alto, Palo Alto.
What is the average sales price for listings in 1044 Maddux Drive?
The average sales price for units in 1044 Maddux Drive is $0 currently.

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