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131 Loma Verde Drive

131 Loma Verde Drive, San Lorenzo, CA 94580
Property in Cherryland
Sold Jun 09, 2017
$344,000
$244,000 by Parkside Lending Llc
Mortgage Due Jul 01, 2047
Sold Jul 10, 2009
$110,000
Seller
$82,500 by Bank Of America Na
Mortgage Due Jul 01, 2039
131 Loma Verde Drive in San Lorenzo, CA was first built in 1984 and is 40 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a unknown style. It is a single story home. There are a total of 4 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 131 Loma Verde Drive has 814 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. In total, the area measurement of the land is 43,000 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. There is one available parking space. 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 C. 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, 131 Loma Verde Drive sold most recently in Jun 5, 2017 for a total of $344,000. If you work out the math, that's approximately a cost of $422.60 per sqft. Before that, the property was also sold for $110,000 in May 30, 2009. 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 $5,311 in taxes each year. 131 Loma Verde Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $376,208. If we break it down further, the land itself was valued at $112,862. Improvements to the property, however, were assessed at a total of $263,346. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Unknown
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 43,000
  • Total Building Area: 814
  • Building Area: 814
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 814
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SAN LORENZO GARDENS
  • Land Acres: 0.987
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: TR: 5195 LOT: BLDG: UNIT:48

Ownership

  • Current Owner : CHIN PHILLIP
  • Current Owner 2: CHEN MAY YAN
  • Previous Owner : LIU SEUNG SZE
  • Previous Owner 2: LIU CHUIMEI MA
  • Owner Before Previous Owner: FDIC
  • Ownership Rights Codes: Sole Owner

Neighborhood

  • School District Name: San Lorenzo Unified School District
  • Census Tract: 435700

Geography

  • Assessors Map Reference: 28-A5
  • Subdivision Tract Number: 5195
  • Parcel: Jan 01, 1970
  • Lot: 2
  • Municipality: MENLO PARK
  • Latitude: 37.6855
  • Longitude: -122.119

    Address

  • Full Address: 131 Loma Verde Dr
  • Legal Unit: 48
  • Address - House Number: 131
  • Address - Street Name: Loma Verde
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: San Lorenzo
  • Carrier Code: C007
  • 4-Digit Zip Code: 1783
  • Zip Code: 94580

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,311
  • Tax Rate Code Area: 80-136

    Appraisal Valuation

  • Standard Deviation: 0.2197
  • Valuation Date: Jul 12, 2023
  • Confidence Score: 69
  • Final Value: 477,975
  • High Value: 583,021
  • Low Value: 372,928

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $244,000
  • First Open Lien Mortgage Lender: PARKSIDE LENDING LLC
  • First Open Lien Mortgage Recording Date: Jun 09, 2017
  • First Open Lien Mortgage Loan Amount: $244,000
  • 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: Jul 01, 2047

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $376,208
  • Assessed Land Value: $112,862
  • Assessed Improvements Value: $263,346

    Sales

  • Current Sale Contract Date: Jun 05, 2017
  • Current Sale Recording Date: Jun 09, 2017
  • Current Sale Transaction ID: 1588695633
  • Current Sale Price: $344,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2017125699
  • Previous Sale Recording Date: Jul 10, 2009
  • Previous Sale Contract Date: May 30, 2009
  • Previous Sale Amount: $110,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: PARKSIDE LENDING LLC
  • First Mortgage Transaction Date: Jun 09, 2017
  • First Mortgage Loan Amount: $244,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Jul 10, 2009
  • Previous Mortgage Loan Amount: $82,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jul 01, 2039

About Cherryland



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Frequently Asked Questions

What neighborhood is 131 Loma Verde Drive located in?
The 131 Loma Verde Drive is a located in the neighborhood of Cherryland in Cherryland, San Lorenzo.
What is the average sales price for listings in 131 Loma Verde Drive?
The average sales price for units in 131 Loma Verde Drive is $0 currently.

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