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228 Fulton Street

228 Fulton Street, Palo Alto, CA 94301
Property in Crescent Park
Sold Apr 14, 2021
$2,750,000
$2,200,000 by Flagstar Bank Fsb
Mortgage Due May 01, 2051
228 Fulton Street in Palo Alto, CA was first built in 1913 and is 111 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 6 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 228 Fulton Street has 1,704 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 500 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 5,000 square feet.

Learn more about the property and building on this page. The roof of the home is made of composition shingle. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a garage. The garage is 216 sqft. There is one available parking space. 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. The exterior walls of the home are made of stucco. 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, 228 Fulton Street sold most recently in Apr 4, 2021 for a total of $2,750,000. If you work out the math, that's approximately a cost of $1,613.85 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 $34,287 in taxes each year. 228 Fulton Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $2,861,100. If we break it down further, the land itself was valued at $2,809,080. Improvements to the property, however, were assessed at a total of $52,020. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1913
  • Effective Year Built: 1913
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Custom
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 216
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,704
  • Gross Building Area: 1,704
  • Building Area: 1,704
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: None
  • Heated Square Feet: 1,704
  • Heating Fuel Type: None

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: FM GREENWOOD RELOCATION & SUBI
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 17 RECORDER'S BOOK K PAGE 103

Ownership

  • Current Owner : FESSLMEIER JUERGEN
  • Current Owner 2: SAIZ MARIANA
  • Previous Owner : PETERSON WILLIAM K
  • Previous Owner 2: PETERSON JUDITH K
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Palo Alto Unified School District
  • Census Tract: 511200

Zoning

  • Zoning: R1

Geography

  • Parcel: 003-01-028
  • Municipality: PALO ALTO
  • Latitude: 37.4532
  • Longitude: -122.16

    Address

  • Full Address: 228 Fulton St
  • Address - House Number: 228
  • Address - Street Name: Fulton
  • Address - Suffix Type: St
  • State: CA
  • City Name: Palo Alto
  • Carrier Code: C021
  • 4-Digit Zip Code: 1321
  • Zip Code: 94301

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $34,287
  • Tax Rate Code Area: 06-001

    Appraisal Valuation

  • Standard Deviation: 0.2058
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 72
  • Final Value: 3,246,442
  • High Value: 3,914,759
  • Low Value: 2,578,126

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,200,000
  • First Open Lien Mortgage Lender: FLAGSTAR BANK FSB
  • First Open Lien Mortgage Recording Date: Apr 14, 2021
  • First Open Lien Mortgage Loan Amount: $2,200,000
  • 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: May 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,861,100
  • Assessed Land Value: $2,809,080
  • Assessed Improvements Value: $52,020

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 04, 2021
  • Current Sale Recording Date: Apr 14, 2021
  • Current Sale Transaction ID: 11830804862
  • Current Sale Price: $2,750,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 24920042

    Last Sale Mortgage

  • First Mortgage Lender: FLAGSTAR BANK FSB
  • First Mortgage Transaction Date: Apr 14, 2021
  • First Mortgage Loan Amount: $2,200,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051

About Crescent Park



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Frequently Asked Questions

What neighborhood is 228 Fulton Street located in?
The 228 Fulton Street is a located in the neighborhood of Crescent Park in Crescent Park, Palo Alto.
What is the average sales price for listings in 228 Fulton Street?
The average sales price for units in 228 Fulton Street is $0 currently.

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