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1540 Meadow Lane

1540 Meadow Lane, Mountain View, CA 94040
Property in Varsity Park
Sold Aug 21, 2008
$1,320,000
$200,000 by First Technology Federal Cu
Mortgage Due Jan 25, 2046
1540 Meadow Lane in Mountain View, CA was first built in 1954 and is 70 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. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1540 Meadow Lane has 1,919 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. The linear feet across the front of the lot is 800 ft and the linear feet between the front and back of the lot is 990. In total, the area measurement of the land is 7,920 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. For those who need parking, there is a garage. The garage is 440 sqft. There are a total of 2 available parking spaces. 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. The condition of the building has been evaluated as average. As for heating, the home is utilizing a heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 1540 Meadow Lane sold most recently in Aug 19, 2008 for a total of $1,320,000. If you work out the math, that's approximately a cost of $687.86 per sqft. 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 $19,381 in taxes each year. 1540 Meadow Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,633,829. If we break it down further, the land itself was valued at $1,143,685. Improvements to the property, however, were assessed at a total of $490,144. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,920
  • Lot Size Depth Feet: 990
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,919
  • Gross Building Area: 1,695
  • Building Area: 1,919
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 1,919
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SPRINGER MEADOWS
  • Land Acres: 0.182
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 1224 SPRINGER MEADOWS BOOK 46 PAGE 19 BLOCK 2 LOT 26

Ownership

  • Current Owner : LI JUN
  • Current Owner 2: ZHANG HAOTING
  • Previous Owner : LEVY DONALD J
  • Previous Owner 2: LEVY HARRIET
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Altos Elementary School District
  • Census Tract: 509801

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 28-E1
  • Subdivision Tract Number: 1224
  • Parcel: 189-27-061
  • Block: 2
  • Lot: 26
  • Municipality: MOUNTAIN VIEW
  • Latitude: 37.3782
  • Longitude: -122.093

    Address

  • Full Address: 1540 Meadow Ln
  • Address - House Number: 1540
  • Address - Street Name: Meadow
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Mountain View
  • Carrier Code: C065
  • 4-Digit Zip Code: 3011
  • Zip Code: 94040

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $19,381
  • Tax Rate Code Area: 05-009

    Appraisal Valuation

  • Standard Deviation: 0.1985
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 73
  • Final Value: 3,245,593
  • High Value: 3,890,084
  • Low Value: 2,601,101

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $869,000
  • First Open Lien Mortgage Lender: FIRST TECHNOLOGY FEDERAL CU
  • First Open Lien Mortgage Recording Date: Feb 01, 2021
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $200,000
  • First Open Lien Mortgage Term: 298
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Jan 25, 2046
  • Second Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • Second Open Lien Mortgage Recording Date: Aug 30, 2021
  • Second Open Lien Mortgage Loan Amount: $669,000
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Sep 01, 2036

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,633,829
  • Assessed Land Value: $1,143,685
  • Assessed Improvements Value: $490,144

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 19, 2008
  • Current Sale Recording Date: Aug 21, 2008
  • Current Sale Transaction ID: 1053628961
  • Current Sale Price: $1,320,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 19961372

    Last Sale Mortgage

  • First Mortgage Lender: ING BANK FSB
  • First Mortgage Transaction Date: Aug 21, 2008
  • First Mortgage Loan Amount: $904,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Sep 01, 2038

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Miramonte-Springer



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Nearby Rentals

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$5,033 /mo

  • 2 Beds
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1984 West El Camino Real #256, Mountain View, CA, 94040 Listing by Verve

Frequently Asked Questions

What neighborhood is 1540 Meadow Lane located in?
The 1540 Meadow Lane is a located in the neighborhood of Varsity Park in Miramonte-Springer, Mountain View.
What is the average sales price for listings in 1540 Meadow Lane?
The average sales price for units in 1540 Meadow Lane is $0 currently.

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