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2295 Emerson Street

2295 Emerson Street, Palo Alto, CA 94301
Property in Old Palo Alto
Sold Feb 21, 2002
$863,000
$646,000 by Greenpoint Mtg Funding Inc
Mortgage Due Mar 01, 2032
Local assessors in Palo Alto, CA have categorized 2295 Emerson Street as a residential type of property. The home was built in 1928 and is 96 years old. The property's lot size has been calculated to be 3,864 square feet. The linear feet between the front and back of the lot was measured at 560 ft and the front of the lot was measured at 690 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a custom style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 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 2 full bathrooms. There are also 2 partial bathrooms. This is a 2 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 2295 Emerson Street has a total of 1,717 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a unknown that is 90 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. 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 320 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has both a porch and a patio so you'll have great options in both the front and back of the home. 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. Lots of stucco were used in the construction of the exterior walls of the home. Residents rely on no air conditioning for their cooling system. The home's no heating system is the primary heating source and it is being fueled with nothing. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 2295 Emerson Street sold most recently in Feb 6, 2002 for a total of $863,000. If you work out the math, that's approximately a cost of $502.62 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 $15,188 in taxes each year. 2295 Emerson Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,224,675. If we break it down further, the land itself was valued at $822,988. Improvements to the property, however, were assessed at a total of $401,687. The property's total assessed value has been marked as more than the total market value 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. 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: 1928
  • Effective Year Built: 1928
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Custom
  • Exterior Walls Type: Stucco
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 90
  • Garage Type: Garage
  • Garage Square Area: 320
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 3,864
  • Lot Size Depth Feet: 560
  • Lot Size Frontage Feet: 690
  • Total Building Area: 1,717
  • Gross Building Area: 1,295
  • Building Area: 1,717
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: None
  • Heated Square Feet: 1,717
  • Heating Fuel Type: None

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SEALE ADD 02
  • Land Acres: 0.089
  • Standard Land Use Code: Single family residential
  • Legal Description 1: OFFICIAL RECS K PG 75 BLK 58 LOT 15,16

Ownership

  • Current Owner : KIM YOUNG K
  • Current Owner 2: KIM HYE JUNG
  • Previous Owner : BEGLEY RICHARD F
  • Previous Owner 2: BEGLEY LOUISE RESTITUTO
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Palo Alto Unified School District
  • Census Tract: 511400

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 44-B3
  • Parcel: 124-14-077
  • Block: 58
  • Lot: 15
  • Municipality: PALO ALTO
  • Latitude: 37.4308
  • Longitude: -122.14

    Address

  • Full Address: 2295 Emerson St
  • Address - House Number: 2295
  • Address - Street Name: Emerson
  • Address - Suffix Type: St
  • State: CA
  • City Name: Palo Alto
  • Carrier Code: C030
  • 4-Digit Zip Code: 3926
  • Zip Code: 94301

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $15,188
  • Tax Rate Code Area: 06-001

    Appraisal Valuation

  • Standard Deviation: 0.1963
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 73
  • Final Value: 3,216,697
  • High Value: 3,848,389
  • Low Value: 2,585,005

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,056,000
  • First Open Lien Mortgage Lender: GREENPOINT MTG FUNDING INC
  • First Open Lien Mortgage Recording Date: Feb 21, 2002
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $646,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2032
  • Second Open Lien Mortgage Lender: BANK OF AMERICA NA
  • Second Open Lien Mortgage Recording Date: Jan 25, 2017
  • Second Open Lien Mortgage Loan Amount: $410,000
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Feb 01, 2032

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,224,675
  • Assessed Land Value: $822,988
  • Assessed Improvements Value: $401,687

    Sales

  • Current Sale Contract Date: Feb 06, 2002
  • Current Sale Recording Date: Feb 21, 2002
  • Current Sale Transaction ID: 1058223545
  • Current Sale Price: $863,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 16118501

    Last Sale Mortgage

  • First Mortgage Lender: GREENPOINT MTG FUNDING INC
  • First Mortgage Transaction Date: Feb 21, 2002
  • First Mortgage Loan Amount: $646,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Mar 01, 2032

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Old Palo Alto



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Frequently Asked Questions

What neighborhood is 2295 Emerson Street located in?
The 2295 Emerson Street is a located in the neighborhood of Old Palo Alto in Old Palo Alto, Palo Alto.
What is the average sales price for listings in 2295 Emerson Street?
The average sales price for units in 2295 Emerson Street is $0 currently.

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