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2198 Francis Avenue

2198 Francis Avenue, Santa Clara, CA 95051
Property in Santa Clara
Sold Nov 25, 2020
$1,200,000
$960,000 by Us Bank Na
Mortgage Due Dec 01, 2050
Sold Oct 26, 2005
$287,500
2198 Francis Avenue has been categorized by the local assessors in Santa Clara, CA as a residential type of property. The building on the property was first built in 1955 and is 69 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 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, 2198 Francis Avenue has 1,078 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 1,010 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 5,050 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown.

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 400 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. 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 C by the local assessor. In terms of heating, it is utilizing a heating system. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Nov 16, 2020 for $1,200,000. That's $1,113.17 per sqft. Prior to that sales transaction, the property was also sold in Oct 26, 2005 for $287,500. 2198 Francis Avenue was last assessed in 2023. The total value of the property was assessed at $1,248,480. Specifically, the land the property is located on was valued at $936,360. While improvements on the property were assessed at a total of $312,120. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $14,451. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 5
  • 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: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,050
  • Lot Size Depth Feet: 1,010
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,078
  • Gross Building Area: 1,078
  • Building Area: 1,078
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 1,078
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BOWERS CREST
  • Land Acres: 0.116
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 1362 BOWERS CREST BOOK 53 PAGE 30 PAGE 31 LOT 14

Ownership

  • Current Owner : SHI LEI
  • Current Owner 2: ZHANG MEI
  • Previous Owner : DERUFA MARIA L
  • Owner Before Previous Owner: DERUFA MARIA L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Santa Clara Unified School District
  • Census Tract: 505304

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 53-E5
  • Subdivision Tract Number: 1362
  • Parcel: 220-24-111
  • Lot: 14
  • Municipality: SANTA CLARA
  • Latitude: 37.3622
  • Longitude: -121.981

    Address

  • Full Address: 2198 Francis Ave
  • Address - House Number: 2198
  • Address - Street Name: Francis
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Santa Clara
  • Carrier Code: C028
  • 4-Digit Zip Code: 1730
  • Zip Code: 95051

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,451
  • Tax Rate Code Area: 07-014

    Appraisal Valuation

  • Standard Deviation: 0.1672
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 73
  • Final Value: 1,641,438
  • High Value: 1,968,367
  • Low Value: 1,314,509

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $960,000
  • First Open Lien Mortgage Lender: US BANK NA
  • First Open Lien Mortgage Recording Date: Nov 25, 2020
  • First Open Lien Mortgage Loan Amount: $960,000
  • 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: Dec 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,248,480
  • Assessed Land Value: $936,360
  • Assessed Improvements Value: $312,120

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 16, 2020
  • Current Sale Recording Date: Nov 25, 2020
  • Current Sale Transaction ID: 11803071538
  • Current Sale Price: $1,200,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 24724238
  • Previous Sale Recording Date: Oct 26, 2005
  • Previous Sale Contract Date: Oct 26, 2005
  • Previous Sale Amount: $287,500
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: US BANK NA
  • First Mortgage Transaction Date: Nov 25, 2020
  • First Mortgage Loan Amount: $960,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2050

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Frequently Asked Questions

What neighborhood is 2198 Francis Avenue located in?
The 2198 Francis Avenue is a located in the neighborhood of Santa Clara in Santa Clara, Santa Clara.
What is the average sales price for listings in 2198 Francis Avenue?
The average sales price for units in 2198 Francis Avenue is $0 currently.

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