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1502 Kingsgate Drive

1502 Kingsgate Drive, Sunnyvale, CA 94087
Property in Serra
Sold Aug 05, 2019
$2,285,000
$785,000 by Jpmorgan Chase Bank Na
Mortgage Due Sep 01, 2049
Sold Apr 26, 2018
$2,001,000
Local assessors in Sunnyvale, CA have categorized 1502 Kingsgate Drive as a residential type of property. The home was built in 1958 and is 66 years old. It was most recently renovated and altered in 1960. The property's lot size has been calculated to be 8,720 square feet. The linear feet between the front and back of the lot was measured at 1,090 ft and the front of the lot was measured at 800 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 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 2 full bathrooms. There are also 2 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 1502 Kingsgate Drive has a total of 1,872 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 504 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. 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. In addition, there is a both a pool and a spa on the property. Perfect for those who want to host pool parties over the summer. 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 - B. The home's a heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Aug 2, 2019 for $2,285,000. That's $1,220.62 per sqft. Prior to that sales transaction, the property was also sold in Apr 20, 2018 for $2,001,000. 1502 Kingsgate Drive was last assessed in 2023. The total value of the property was assessed at $2,401,941. Specifically, the land the property is located on was valued at $2,249,521. While improvements on the property were assessed at a total of $152,420. 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 $28,096. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. 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: 1958
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • 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: Garage
  • Garage Square Area: 504
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Porch
  • Pool Type: Pool & spa (both)

    Dimensions

  • Lot Size Square Feet: 8,720
  • Lot Size Depth Feet: 1,090
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,872
  • Gross Building Area: 1,872
  • Building Area: 1,872
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 1,872
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CHERRYHILL WEST
  • Land Acres: 0.2
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 2019 CHERRYHILL WEST BOOK 95 PAGE 48 PAGE 49 LOT 59

Ownership

  • Current Owner : GROSS SAAR
  • Current Owner 2: GROSS MICHAL NIR
  • Previous Owner : 8M PROPERTY 3 LLC
  • Owner Before Previous Owner: STEVENS KELLY D
  • Owner Before Previous Owner 2: MCLAUGHLIN MICHALE E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Cupertino Union Elementary School District
  • Census Tract: 508303

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 59-E2
  • Subdivision Tract Number: 2019
  • Parcel: 323-25-010
  • Lot: 59
  • Municipality: SUNNYVALE
  • Latitude: 37.3446
  • Longitude: -122.048

    Address

  • Full Address: 1502 Kingsgate Dr
  • Address - House Number: 1502
  • Address - Street Name: Kingsgate
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Sunnyvale
  • Carrier Code: C032
  • 4-Digit Zip Code: 4142
  • Zip Code: 94087

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $28,096
  • Tax Rate Code Area: 09-009

    Appraisal Valuation

  • Standard Deviation: 0.188
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 75
  • Final Value: 2,883,994
  • High Value: 3,426,439
  • Low Value: 2,341,550

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $785,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Aug 05, 2019
  • First Open Lien Mortgage Loan Amount: $785,000
  • 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: Sep 01, 2049

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,401,941
  • Assessed Land Value: $2,249,521
  • Assessed Improvements Value: $152,420

    Sales

  • Current Sale Contract Date: Aug 02, 2019
  • Current Sale Recording Date: Aug 05, 2019
  • Current Sale Transaction ID: 11633549951
  • Current Sale Price: $2,285,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 24246766
  • Previous Sale Recording Date: Apr 26, 2018
  • Previous Sale Contract Date: Apr 20, 2018
  • Previous Sale Amount: $2,001,000
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Aug 05, 2019
  • First Mortgage Loan Amount: $785,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2049

About Sunnyvale West



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Frequently Asked Questions

What neighborhood is 1502 Kingsgate Drive located in?
The 1502 Kingsgate Drive is a located in the neighborhood of Serra in Sunnyvale West, Sunnyvale.
What is the average sales price for listings in 1502 Kingsgate Drive?
The average sales price for units in 1502 Kingsgate Drive is $0 currently.

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