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18772 Arata Way

18772 Arata Way, Cupertino, CA 95014
Property in Rancho Rinconada
Sold Nov 26, 2018
$2,500,000
$1,710,000 by East West Bank
Mortgage Due Mar 15, 2052
Sold Aug 10, 2015
$1,990,000
$746,250 by First Republic Bank
Mortgage Due Sep 01, 2045
18772 Arata Way has been categorized by the local assessors in Cupertino, CA as a residential type of property. The building on the property was first built in 2018 and is 6 years old. The home has a total of 8 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, 18772 Arata Way has 1,907 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 1,050 ft and across the front of the lot is 550 ft. The area measurement of the land has been determined as 5,775 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a custom style.

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 444 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a porch and a patio. 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. The roof of the building is made of tar and gravel. The exterior walls of the building are made of wood. In terms of heating, it is utilizing a forced air unit and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 18772 Arata Way sold most recently in Nov 16, 2018 for a total of $2,500,000. If you work out the math, that's approximately a cost of $1,310.96 per sqft. Before that, the property was also sold for $1,990,000 in Jul 22, 2015. 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 $31,901 in taxes each year. 18772 Arata Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $2,680,503. If we break it down further, the land itself was valued at $1,822,743. Improvements to the property, however, were assessed at a total of $857,760. The property's total assessed value has been marked as more than the total market value which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Custom
  • Exterior Walls Type: Wood
  • Roof Cover Type: Tar and gravel
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 444
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 5,775
  • Lot Size Depth Feet: 1,050
  • Lot Size Frontage Feet: 550
  • Total Building Area: 1,907
  • Gross Building Area: 1,907
  • Building Area: 1,907
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,907
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MANSION GROVE
  • Land Acres: 0.133
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 1004 BOOK 40 PAGE 29 LOT 37

Ownership

  • Current Owner : WANG TING
  • Current Owner 2: DING LIXING
  • Previous Owner : CHIAO KEVIN
  • Previous Owner 2: FANG EMILY
  • Owner Before Previous Owner: LEE JOANNE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Cupertino Union Elementary School District
  • Census Tract: 508004

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 60-C4
  • Subdivision Tract Number: 1004
  • Parcel: 375-13-014
  • Lot: 37
  • Municipality: CUPERTINO
  • Latitude: 37.3203
  • Longitude: -122

    Address

  • Full Address: 18772 Arata Way
  • Address - House Number: 18772
  • Address - Street Name: Arata
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Cupertino
  • Carrier Code: C046
  • 4-Digit Zip Code: 3633
  • Zip Code: 95014

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $31,901
  • Tax Rate Code Area: 13-266

    Appraisal Valuation

  • Standard Deviation: 0.1963
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 73
  • Final Value: 2,665,580
  • High Value: 3,189,045
  • Low Value: 2,142,116

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,710,000
  • First Open Lien Mortgage Lender: EAST WEST BANK
  • First Open Lien Mortgage Recording Date: Mar 22, 2022
  • First Open Lien Mortgage Loan Amount: $1,710,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Mar 15, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,680,503
  • Assessed Land Value: $1,822,743
  • Assessed Improvements Value: $857,760

    Sales

  • Current Sale Contract Date: Nov 16, 2018
  • Current Sale Recording Date: Nov 26, 2018
  • Current Sale Transaction ID: 11534662471
  • Current Sale Price: $2,500,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 24069334
  • Previous Sale Recording Date: Aug 10, 2015
  • Previous Sale Contract Date: Jul 22, 2015
  • Previous Sale Amount: $1,990,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: STERLING BANK & TRUST FSB
  • First Mortgage Transaction Date: Nov 26, 2018
  • First Mortgage Loan Amount: $1,500,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Dec 01, 2048

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: FIRST REPUBLIC BANK
  • Previous Mortgage Transaction Date: Aug 10, 2015
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $746,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Sep 01, 2045

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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 18772 Arata Way located in?
The 18772 Arata Way is a located in the neighborhood of Rancho Rinconada in Rancho Rinconada, Cupertino.
What is the average sales price for listings in 18772 Arata Way?
The average sales price for units in 18772 Arata Way is $0 currently.

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