Check Availability

11261 Magdalena Road

11261 Magdalena Road, Los Altos, CA 94024
Property in Santa Clara
Sold May 17, 2021
$5,000,000
$2,850,000 by First Technology Federal Cu
Mortgage Due Jun 01, 2051
Sold Apr 22, 2008
$1,560,000
Local assessors in Los Altos, CA have categorized 11261 Magdalena Road as a residential type of property. The home was built in 1953 and is 71 years old. It was most recently renovated and altered in 1990. The property's lot size has been calculated to be 50,551 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 10 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 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 11261 Magdalena Road has a total of 3,481 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. As for water disposal, the home is connected to a septic system and not a municipal sewage or storm sewage system. Therefore the homeowner of this property will need to handle their own water disposal every three to five years - though the exact number may differ. 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 408 sqft. 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 good. 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 - B. The building has a roof that is made of wood shake/ shingles. Lots of stucco were used in the construction of the exterior walls of the home. The home's a heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 11261 Magdalena Road sold most recently in May 7, 2021 for a total of $5,000,000. If you work out the math, that's approximately a cost of $1,436.37 per sqft. Before that, the property was also sold for $1,560,000 in Apr 1, 2008. 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 $61,700 in taxes each year. 11261 Magdalena Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $5,202,000. If we break it down further, the land itself was valued at $4,525,740. Improvements to the property, however, were assessed at a total of $676,260. The property's total assessed value has been marked as more than the total market value which is pretty atypical. 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.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: 1953
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Wood
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 408
  • Parking Space Count: 0
  • Patio Type: Patio - screened
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 50,551
  • Total Building Area: 3,481
  • Gross Building Area: 2,134
  • Building Area: 3,481
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 3,481
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HALE RANCH
  • Land Acres: 1.161
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 1

Ownership

  • Current Owner : SHIN YOUNGIN
  • Current Owner 2: KIM HOUN
  • Previous Owner : NAM DEREK W
  • Previous Owner 2: LEE NAM JOOMI
  • Owner Before Previous Owner: KEARNS ROBERT J
  • Owner Before Previous Owner 2: KEARNS PATRIC A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Life Tenant
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Altos Elementary School District
  • Census Tract: 511704

Zoning

  • Zoning: RA

Geography

  • Assessors Map Reference: 58-E1
  • Parcel: 336-41-027
  • Lot: 1
  • Municipality: LOS ALTOS HILLS
  • Latitude: 37.3492
  • Longitude: -122.116

    Address

  • Full Address: 11261 Magdalena Rd
  • Address - House Number: 11261
  • Address - Street Name: Magdalena
  • Address - Suffix Type: Rd
  • State: CA
  • City Name: Los Altos Hills
  • Carrier Code: C052
  • 4-Digit Zip Code: 5148
  • Zip Code: 94024

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $61,700
  • Tax Rate Code Area: 14-002

    Appraisal Valuation

  • Standard Deviation: 0.2031
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 72
  • Final Value: 5,073,809
  • High Value: 6,104,677
  • Low Value: 4,042,940

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $3,325,000
  • First Open Lien Mortgage Lender: FIRST TECHNOLOGY FEDERAL CU
  • First Open Lien Mortgage Recording Date: May 17, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $2,850,000
  • 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: Jun 01, 2051
  • Second Open Lien Mortgage Lender: FIRST TECHNOLOGY FEDERAL CU
  • Second Open Lien Mortgage Recording Date: May 17, 2021
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $475,000
  • Second Open Lien Mortgage Term: 299
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: May 25, 2046

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,202,000
  • Assessed Land Value: $4,525,740
  • Assessed Improvements Value: $676,260

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 07, 2021
  • Current Sale Recording Date: May 17, 2021
  • Current Sale Transaction ID: 11835791496
  • Current Sale Price: $5,000,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 24963589
  • Previous Sale Recording Date: Apr 22, 2008
  • Previous Sale Contract Date: Apr 01, 2008
  • Previous Sale Amount: $1,560,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST TECHNOLOGY FEDERAL CU
  • First Mortgage Transaction Date: May 17, 2021
  • First Mortgage Loan Amount: $2,850,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Los Altos Hills



Similar Buildings

Property at 11261 Magdalena Road,

921 Matts Court

  • 1 Unit for Sale
  • 2 Stories
921 Matts Court, Los Altos, CA 94024
Property at 11261 Magdalena Road,

848 Nash Road

  • 1 Unit for Sale
  • 1 Story
848 Nash Road, Los Altos, CA 94024

Nearby Rentals

Unit for rent at 1984 West El Camino Real, Mountain View, CA, 94040

$5,311 /mo

  • 2 Beds
  • 2 Baths
  • 1,457 ft²
1984 West El Camino Real #128, Mountain View, CA, 94040 Listing by Verve

Frequently Asked Questions

What neighborhood is 11261 Magdalena Road located in?
The 11261 Magdalena Road is a located in the neighborhood of Santa Clara in Los Altos Hills, Los Altos.
What is the average sales price for listings in 11261 Magdalena Road?
The average sales price for units in 11261 Magdalena Road is $0 currently.

Quantcast