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1196 Lovell Avenue

1196 Lovell Avenue, Campbell, CA 95008
Property in San Tomas
Sold May 01, 2020
$3,000,000
$2,400,000 by Citibank Na
Mortgage Due May 01, 2050
Sold Jan 08, 2019
$1,350,000
Local assessors in Campbell, CA have categorized 1196 Lovell Avenue as a residential type of property. The home was built in 1947 and is 77 years old. The property's lot size has been calculated to be 11,644 square feet. The linear feet between the front and back of the lot was measured at 1,640 ft and the front of the lot was measured at 710 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 4 rooms in the home. Of these, 2 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 1196 Lovell Avenue has a total of 825 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 260 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 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. 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. The property was last sold in Apr 27, 2020 for $3,000,000. That's $3,636.36 per sqft. Prior to that sales transaction, the property was also sold in Jan 2, 2019 for $1,350,000. 1196 Lovell Avenue was last assessed in 2023. The total value of the property was assessed at $3,153,533. Specifically, the land the property is located on was valued at $1,892,120. While improvements on the property were assessed at a total of $1,261,413. 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 $38,731. 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. 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: 1947
  • Effective Year Built: 1947
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 260
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 11,644
  • Lot Size Depth Feet: 1,640
  • Lot Size Frontage Feet: 710
  • Total Building Area: 825
  • Gross Building Area: 825
  • Building Area: 825
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: None
  • Heated Square Feet: 825
  • Heating Fuel Type: None

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUNNYLANE TR
  • Land Acres: 0.267
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 327 SUNNYLANE TRACT BOOK 11 PAGE 18 LOT 29

Ownership

  • Current Owner : LAW NATHANIEL CARLTON
  • Current Owner 2: AVERY SONJA
  • Previous Owner : ALKB PROPERTIES LLC
  • Owner Before Previous Owner: KIINESMITH JACK L
  • Owner Before Previous Owner 2: THE KIINESMITH FAMILY REVOCABL
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Campbell Union Elementary School District
  • Census Tract: 506702

Zoning

  • Zoning: R-1-6

Geography

  • Assessors Map Reference: 65-F4
  • Subdivision Tract Number: 327
  • Parcel: 406-06-049
  • Lot: 29
  • Municipality: CAMPBELL
  • Latitude: 37.2722
  • Longitude: -121.971

    Address

  • Full Address: 1196 Lovell Ave
  • Address - House Number: 1196
  • Address - Street Name: Lovell
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Campbell
  • Carrier Code: C046
  • 4-Digit Zip Code: 5920
  • Zip Code: 95008

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $38,731
  • Tax Rate Code Area: 10-005

    Appraisal Valuation

  • Standard Deviation: 0.2025
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 72
  • Final Value: 2,313,802
  • High Value: 2,782,435
  • Low Value: 1,845,169

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $2,550,000
  • First Open Lien Mortgage Lender: CITIBANK NA
  • First Open Lien Mortgage Recording Date: May 01, 2020
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $2,400,000
  • 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: May 01, 2050
  • Second Open Lien Mortgage Lender: US BANK NA
  • Second Open Lien Mortgage Recording Date: Oct 25, 2021
  • Second Open Lien Mortgage Loan Amount: $150,000
  • Second Open Lien Mortgage Term: 60
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • Second Open Lien Mortgage Loan Due Date: Oct 07, 2026

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,153,533
  • Assessed Land Value: $1,892,120
  • Assessed Improvements Value: $1,261,413

    Sales

  • Current Sale Contract Date: Apr 27, 2020
  • Current Sale Recording Date: May 01, 2020
  • Current Sale Transaction ID: 11757521051
  • Current Sale Price: $3,000,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 24468905
  • Previous Sale Recording Date: Jan 08, 2019
  • Previous Sale Contract Date: Jan 02, 2019
  • Previous Sale Amount: $1,350,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIBANK NA
  • First Mortgage Transaction Date: May 01, 2020
  • First Mortgage Loan Amount: $2,400,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2050

    Financing

  • First Mortgage Financing Type: Adjustable Rate

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Frequently Asked Questions

What neighborhood is 1196 Lovell Avenue located in?
The 1196 Lovell Avenue is a located in the neighborhood of San Tomas in San Tomas, Campbell.
What is the average sales price for listings in 1196 Lovell Avenue?
The average sales price for units in 1196 Lovell Avenue is $0 currently.

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