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17295 Melody Lane

17295 Melody Lane, Los Gatos, CA 95033
House in Santa Clara
Sold Oct 17, 2022
$1,815,000
$1,083,000 by Citibank Na
Mortgage Due Nov 01, 2052
Sold Sep 12, 2017
$1,277,000
$636,150 by New American Funding
Mortgage Due Oct 01, 2047
17295 Melody Lane in Los Gatos, CA was first built in 1957 and is 67 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 9 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 17295 Melody Lane has 3,056 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 47,518 square feet.

Learn more about the property and building on this page. There is a porch and a patio. For those who need parking, there is a carport. The garage is 400 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, 17295 Melody Lane sold most recently in Oct 12, 2022 for a total of $1,815,000. If you work out the math, that's approximately a cost of $593.91 per sqft. Before that, the property was also sold for $1,277,000 in Sep 5, 2017. 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 $16,192 in taxes each year. 17295 Melody Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,815,000. If we break it down further, the land itself was valued at $1,400,000. Improvements to the property, however, were assessed at a total of $415,000. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 47,518
  • Total Building Area: 3,056
  • Gross Building Area: 2,035
  • Building Area: 3,056
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 3,056
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MELODY PARK
  • Land Acres: 1.091
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : TANG BIN
  • Current Owner 2: XIA YUN
  • Previous Owner : JONES GINA
  • Previous Owner 2: JONES TARIQ
  • Owner Before Previous Owner: ZADEL ANTON J
  • Owner Before Previous Owner 2: ZADEL JOAN A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Loma Prieta Joint Union Elementary School District
  • Census Tract: 511800

Zoning

  • Zoning: HS

Geography

  • Assessors Map Reference: 78-E3
  • Parcel: 558-06-039
  • Municipality: UNINCORPORATED
  • Latitude: 37.1443
  • Longitude: -121.975

    Address

  • Full Address: 17295 Melody Ln
  • Address - House Number: 17295
  • Address - Street Name: Melody
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Los Gatos
  • Carrier Code: R006
  • 4-Digit Zip Code: 8404
  • Zip Code: 95033

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $16,192
  • Tax Rate Code Area: 72-004

    Appraisal Valuation

  • Standard Deviation: 0.2233
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 69
  • Final Value: 1,676,043
  • High Value: 2,050,418
  • Low Value: 1,301,669

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,083,000
  • First Open Lien Mortgage Lender: CITIBANK NA
  • First Open Lien Mortgage Recording Date: Oct 17, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,083,000
  • 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: Nov 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,815,000
  • Assessed Land Value: $1,400,000
  • Assessed Improvements Value: $415,000

    Sales

  • Current Sale Contract Date: Oct 12, 2022
  • Current Sale Recording Date: Oct 17, 2022
  • Current Sale Transaction ID: 11897309228
  • Current Sale Price: $1,815,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 25387299
  • Previous Sale Recording Date: Sep 12, 2017
  • Previous Sale Contract Date: Sep 05, 2017
  • Previous Sale Amount: $1,277,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIBANK NA
  • First Mortgage Transaction Date: Oct 17, 2022
  • First Mortgage Loan Amount: $1,083,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2052

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: NEW AMERICAN FUNDING
  • Previous Mortgage Transaction Date: Sep 12, 2017
  • Previous Mortgage Loan Amount: $636,150
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2047

About Lexington Hills



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Frequently Asked Questions

What neighborhood is 17295 Melody Lane located in?
The 17295 Melody Lane is a house located in the neighborhood of Santa Clara in Lexington Hills, Los Gatos.
What is the average sales price for listings in 17295 Melody Lane?
The average sales price for units in 17295 Melody Lane is $0 currently.

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