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1411 Marinovich Way

1411 Marinovich Way, Los Altos, CA 94024
Property in South Los Altos
Sold Jan 27, 2021
$3,900,000
$2,730,000 by Wells Fargo Bank Na
Mortgage Due Feb 01, 2051
Sold Nov 05, 2018
$3,650,000
$2,000,000 by Wells Fargo Bank Na
Mortgage Due Dec 01, 2048
1411 Marinovich Way has been categorized by the local assessors in Los Altos, CA as a residential type of property. The building on the property was first built in 1970 and is 54 years old. However, we must point out that the home was most recently renovated and altered in 2010. The home has a total of 9 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1411 Marinovich Way has 2,507 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,110 ft and across the front of the lot is 1,000 ft. The area measurement of the land has been determined as 11,100 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 437 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. In terms of heating, it is utilizing a forced air unit. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1411 Marinovich Way was last sold in Jan 20, 2021 for $3,900,000. According to our calculations, that's $1,555.64 per sqft. Prior to that sales transaction, the property was sold for $3,650,000 in Oct 18, 2018. Current property owners are expected to pay $47,747 in taxes per year. The property on 1411 Marinovich Way was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $4,207,560. To break that down further, the land itself was valued at $3,854,682. While improvements to the property were assessed at a total of $352,878. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 2010
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 437
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 11,100
  • Lot Size Depth Feet: 1,110
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,507
  • Gross Building Area: 2,019
  • Building Area: 2,507
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,507
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OAKVIEW TERRACE
  • Land Acres: 0.255
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 4806 OAKVIEW TERRACE BOOK 265 PAGE 18 LOT 6

Ownership

  • Current Owner : SUNDARAMURTHY SWAMINATHAN
  • Current Owner 2: SRINIVASAN NIRUPAMA
  • Previous Owner : FIEGEL GEORGE
  • Previous Owner 2: ZHONG YANG
  • Owner Before Previous Owner: BOLTZ RACHEL S
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Los Altos Elementary School District
  • Census Tract: 510001

Zoning

  • Zoning: R1AB

Geography

  • Assessors Map Reference: 52-B6
  • Subdivision Tract Number: 4806
  • Parcel: 197-18-050
  • Lot: 6
  • Municipality: LOS ALTOS
  • Latitude: 37.3562
  • Longitude: -122.074

    Address

  • Full Address: 1411 Marinovich Way
  • Address - House Number: 1411
  • Address - Street Name: Marinovich
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Los Altos
  • Carrier Code: C037
  • 4-Digit Zip Code: 5737
  • Zip Code: 94024

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $47,747
  • Tax Rate Code Area: 11-001

    Appraisal Valuation

  • Standard Deviation: 0.1715
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 72
  • Final Value: 4,296,257
  • High Value: 5,178,291
  • Low Value: 3,414,223

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,730,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Jan 27, 2021
  • First Open Lien Mortgage Loan Amount: $2,730,000
  • 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: Feb 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,207,560
  • Assessed Land Value: $3,854,682
  • Assessed Improvements Value: $352,878

    Sales

  • Current Sale Contract Date: Jan 20, 2021
  • Current Sale Recording Date: Jan 27, 2021
  • Current Sale Transaction ID: 11814912257
  • Current Sale Price: $3,900,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 24803948
  • Previous Sale Recording Date: Nov 05, 2018
  • Previous Sale Contract Date: Oct 18, 2018
  • Previous Sale Amount: $3,650,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jan 27, 2021
  • First Mortgage Loan Amount: $2,730,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Nov 05, 2018
  • Previous Mortgage Loan Amount: $2,000,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2048

About South Los Altos



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 1411 Marinovich Way located in?
The 1411 Marinovich Way is a located in the neighborhood of South Los Altos in South Los Altos, Los Altos.
What is the average sales price for listings in 1411 Marinovich Way?
The average sales price for units in 1411 Marinovich Way is $0 currently.

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