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2042 Montecito Avenue

2042 Montecito Avenue, Mountain View, CA 94043
Sold Sep 11, 2020
$1,708,000
$1,366,400 by Wells Fargo Bank Na
Mortgage Due Oct 01, 2050
Local assessors in Mountain View, CA have categorized 2042 Montecito Avenue as a residential type of property. The home was built in 2020 and is 4 years old. It was most recently renovated and altered in 2021. The property's lot size has been calculated to be 2,327 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 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 3 full bathrooms. There are also 4 partial bathrooms. This is a 3 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2042 Montecito Avenue has a total of 1,703 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 438 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. 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 forced air unit is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2042 Montecito Avenue was last sold in Sep 1, 2020 for $1,708,000. According to our calculations, that's $1,002.94 per sqft. Current property owners are expected to pay $21,419 in taxes per year. The property on 2042 Montecito Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,777,002. To break that down further, the land itself was valued at $888,501. While improvements to the property were assessed at a total of $888,501. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2021
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Floor Count: 3
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 438
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 2,327
  • Total Building Area: 1,703
  • Gross Building Area: 303
  • Building Area: 1,703
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,703
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 10479
  • Land Acres: 0.053
  • Standard Land Use Code: Condominium unit (residential)

Ownership

  • Current Owner : GKOO KI WAN
  • Previous Owner : SUMMERHILL MONTECITO AVENUE LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Mountain View Whisman Elementary School District
  • Census Tract: 509303

Zoning

  • Zoning: R3-22

Geography

  • Subdivision Tract Number: 10479
  • Parcel: 150-61-049
  • Municipality: MOUNTAIN VIEW
  • Latitude: 37.4065
  • Longitude: -122.094

    Address

  • Full Address: 2042 Montecito Ave
  • Address - House Number: 2042
  • Address - Street Name: Montecito
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Mountain View
  • Carrier Code: C062
  • 4-Digit Zip Code: 4316
  • Zip Code: 94043

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $21,419
  • Tax Rate Code Area: 05-010

    Appraisal Valuation

  • Standard Deviation: 0.1985
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 73
  • Final Value: 1,654,342
  • High Value: 1,982,852
  • Low Value: 1,325,832

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,366,400
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Sep 11, 2020
  • First Open Lien Mortgage Loan Amount: $1,366,400
  • 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: Oct 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,777,002
  • Assessed Land Value: $888,501
  • Assessed Improvements Value: $888,501

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 01, 2020
  • Current Sale Recording Date: Sep 11, 2020
  • Current Sale Transaction ID: 11786965077
  • Current Sale Price: $1,708,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 24610419

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Sep 11, 2020
  • First Mortgage Loan Amount: $1,366,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

About Monta Loma-Farley-Rock



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Frequently Asked Questions

What neighborhood is 2042 Montecito Avenue located in?
The 2042 Montecito Avenue is a located in the neighborhood of Monta Loma-Farley-Rock in Monta Loma-Farley-Rock, Mountain View.
What is the average sales price for listings in 2042 Montecito Avenue?
The average sales price for units in 2042 Montecito Avenue is $0 currently.

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