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194 Ferne Court

194 Ferne Court, Palo Alto, CA 94306
Property in Greenmeadow
Sold Nov 12, 2021
$3,368,000
$2,694,400 by Pnc Bank Na
Mortgage Due Dec 01, 2051
194 Ferne Court in Palo Alto, CA was first built in 1961 and is 63 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 custom style. It is a single story home. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 194 Ferne Court has 1,978 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 760 ft and the linear feet between the front and back of the lot is 1,060. In total, the area measurement of the land is 8,056 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 451 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 B. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with no air conditioning. As for heating, the home is utilizing no heating system and being fueled with nothing. 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, 194 Ferne Court sold most recently in Nov 5, 2021 for a total of $3,368,000. If you work out the math, that's approximately a cost of $1,702.73 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 $40,990 in taxes each year. 194 Ferne Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $3,435,360. If we break it down further, the land itself was valued at $2,958,000. Improvements to the property, however, were assessed at a total of $477,360. 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.

Building Features

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • 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
  • Building Style: Custom
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 451
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,056
  • Lot Size Depth Feet: 1,060
  • Lot Size Frontage Feet: 760
  • Total Building Area: 1,978
  • Gross Building Area: 1,978
  • Building Area: 1,978
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: None
  • Heated Square Feet: 1,978
  • Heating Fuel Type: None

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GREENMEADOW
  • Land Acres: 0.185
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 3074 GREENMEADOW BOOK 140 PAGE 30 BLOCK 10 LOT 6

Ownership

  • Current Owner : LOU YUCUN
  • Current Owner 2: YANG JING
  • Previous Owner : SCHUBERT WILLIAM RAY
  • Previous Owner 2: WILLIAM AND MARY E SCHUBERT 20
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Palo Alto Unified School District
  • Census Tract: 510802

Zoning

  • Zoning: R1B8

Geography

  • Assessors Map Reference: 44-E5
  • Subdivision Tract Number: 3074
  • Parcel: 147-32-030
  • Block: 10
  • Lot: 6
  • Municipality: PALO ALTO
  • Latitude: 37.4113
  • Longitude: -122.11

    Address

  • Full Address: 194 Ferne Ct
  • Address - House Number: 194
  • Address - Street Name: Ferne
  • Address - Suffix Type: Ct
  • State: CA
  • City Name: Palo Alto
  • Carrier Code: C084
  • 4-Digit Zip Code: 4607
  • Zip Code: 94306

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $40,990
  • Tax Rate Code Area: 06-012

    Appraisal Valuation

  • Standard Deviation: 0.2048
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 72
  • Final Value: 3,412,634
  • High Value: 4,111,782
  • Low Value: 2,713,486

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $2,894,400
  • First Open Lien Mortgage Lender: PNC BANK NA
  • First Open Lien Mortgage Recording Date: Nov 12, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $2,694,400
  • 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: Dec 01, 2051
  • Second Open Lien Mortgage Lender: PERMANENTE MEDICAL GROUP INC
  • Second Open Lien Mortgage Recording Date: Apr 19, 2023
  • Second Open Lien Mortgage Loan Amount: $200,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,435,360
  • Assessed Land Value: $2,958,000
  • Assessed Improvements Value: $477,360

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 05, 2021
  • Current Sale Recording Date: Nov 12, 2021
  • Current Sale Transaction ID: 11865985182
  • Current Sale Price: $3,368,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 25163664

    Last Sale Mortgage

  • First Mortgage Lender: PNC BANK NA
  • First Mortgage Transaction Date: Nov 12, 2021
  • First Mortgage Loan Amount: $2,694,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Greenmeadow



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Frequently Asked Questions

What neighborhood is 194 Ferne Court located in?
The 194 Ferne Court is a located in the neighborhood of Greenmeadow in Greenmeadow, Palo Alto.
What is the average sales price for listings in 194 Ferne Court?
The average sales price for units in 194 Ferne Court is $0 currently.

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