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110 Ferne Avenue

110 Ferne Avenue, Palo Alto, CA 94306
Property in Greenmeadow
Sold Mar 28, 2013
$712,000
$625,000 by Morgan Stanley Private Bank Na
Mortgage Due Oct 01, 2051
Sold Jul 22, 1998
$267,000
$145,000 by Norwest Mtg
Mortgage Due Aug 01, 2028
110 Ferne Avenue in Palo Alto, CA was first built in 1963 and is 61 years old. Although, the building on the property was most recently renovated and altered in 1970. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a unknown. 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. 110 Ferne Avenue has 1,038 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. The linear feet across the front of the lot is 340 ft and the linear feet between the front and back of the lot is 360. In total, the area measurement of the land is 1,224 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. For those who need parking, there is a carport. The garage is 162 sqft. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as average. As for heating, the home is utilizing a heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 110 Ferne Avenue sold most recently in Feb 25, 2013 for a total of $712,000. If you work out the math, that's approximately a cost of $685.93 per sqft. Before that, the property was also sold for $267,000 in Jul 14, 1998. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $10,773 in taxes each year. 110 Ferne Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $842,718. If we break it down further, the land itself was valued at $421,359. Improvements to the property, however, were assessed at a total of $421,359. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 162
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,224
  • Lot Size Depth Feet: 360
  • Lot Size Frontage Feet: 340
  • Total Building Area: 1,038
  • Gross Building Area: 1,038
  • Building Area: 1,038
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 1,038
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FERNE AVENUE CONDOMINIUMS
  • Land Acres: 0.028
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: TRACT 7194 BOOK 489 PAGE 21

Ownership

  • Current Owner : SMITH PATRICK R
  • Current Owner 2: SMITH AMBER HUI WEN CHANG
  • Previous Owner : HENDRIX LEVANNE
  • Owner Before Previous Owner: ISRAEL ZEHAVI
  • 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: 510802

Zoning

  • Zoning: PC

Geography

  • Assessors Map Reference: 44-E5
  • Subdivision Tract Number: 7194
  • Parcel: 147-76-006
  • Lot: 1
  • Municipality: PALO ALTO
  • Latitude: 37.41
  • Longitude: -122.11

    Address

  • Full Address: 110 Ferne Ave
  • Address - House Number: 110
  • Address - Street Name: Ferne
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Palo Alto
  • Carrier Code: C084
  • 4-Digit Zip Code: 4644
  • Zip Code: 94306

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,773
  • Tax Rate Code Area: 06-012

    Appraisal Valuation

  • Standard Deviation: 0.1622
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 74
  • Final Value: 1,335,866
  • High Value: 1,592,389
  • Low Value: 1,079,343

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $625,000
  • First Open Lien Mortgage Lender: MORGAN STANLEY PRIVATE BANK NA
  • First Open Lien Mortgage Recording Date: Sep 22, 2021
  • First Open Lien Mortgage Loan Amount: $625,000
  • 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: Oct 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $842,718
  • Assessed Land Value: $421,359
  • Assessed Improvements Value: $421,359

    Sales

  • Current Sale Contract Date: Feb 25, 2013
  • Current Sale Recording Date: Mar 28, 2013
  • Current Sale Transaction ID: 1049287067
  • Current Sale Price: $712,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 22149095
  • Previous Sale Recording Date: Jul 22, 1998
  • Previous Sale Contract Date: Jul 14, 1998
  • Previous Sale Amount: $267,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: PRINCETON CAPITAL
  • First Mortgage Transaction Date: Mar 28, 2013
  • First Mortgage Loan Amount: $534,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2043
  • Second Mortgage Lender: TCF NATIONAL BANK
  • Second Mortgage Transaction Date: Mar 28, 2013
  • Second Current Mortgage Financing Type: Variable
  • Second Mortgage Loan Amount: $106,700
  • Second Mortgage Terms: 360
  • Second Mortgage Loan Type: Credit Line (Revolving)
  • Second Mortgage Loan Due Date: Mar 22, 2043

    Previous Mortgages

  • Previous Mortgage Lender: NORWEST MTG
  • Previous Mortgage Transaction Date: Jul 22, 1998
  • Previous Mortgage Loan Amount: $145,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Aug 01, 2028

About Greenmeadow



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Frequently Asked Questions

What neighborhood is 110 Ferne Avenue located in?
The 110 Ferne Avenue is a located in the neighborhood of Greenmeadow in Greenmeadow, Palo Alto.
What is the average sales price for listings in 110 Ferne Avenue?
The average sales price for units in 110 Ferne Avenue is $0 currently.

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