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245 Orbit Way

245 Orbit Way, Mountain View, CA 94043
Property in Moffett-Whisman
Sold Dec 11, 2020
$370,000
$739,200 by Owning Corporation
Mortgage Due Jan 01, 2051
Sold Feb 27, 2019
$1,378,000
$760,000 by Us Bank Na
Mortgage Due Mar 01, 2049
245 Orbit Way has been categorized by the local assessors in Mountain View, CA as a residential type of property. The building on the property was first built in 2018 and is 6 years old. The home has a total of 5 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 3 stories. In addition, 245 Orbit Way has 1,355 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 1,470 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a custom style.

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 451 sqft. According to our sources, there are a total of 2 available parking spaces. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as good. 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 B by the local assessor. In terms of heating, it is utilizing a forced air unit. 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, 245 Orbit Way sold most recently in Nov 18, 2020 for a total of $370,000. If you work out the math, that's approximately a cost of $273.06 per sqft. Before that, the property was also sold for $1,378,000 in Feb 11, 2019. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $16,626 in taxes each year. 245 Orbit Way was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $1,382,160. If we break it down further, the land itself was valued at $691,080. Improvements to the property, however, were assessed at a total of $691,080. 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: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Custom
  • Floor Count: 3
  • Living Units: 3
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 451
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 1,470
  • Total Building Area: 1,355
  • Gross Building Area: 222
  • Building Area: 1,355
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,355
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 10326 PH 17
  • Land Acres: 0.034
  • Standard Land Use Code: Condominium unit (residential)

Ownership

  • Current Owner : TAO YUAN
  • Previous Owner : TAO YUAN
  • Previous Owner 2: WONG CHUN HO
  • Owner Before Previous Owner: PHULTE HOME COMPNAY LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Single/unmarried woman

Neighborhood

  • School District Name: Morgan Hill Unified School District
  • Census Tract: 509202

Zoning

  • Zoning: ML

Geography

  • Subdivision Tract Number: 10326
  • Parcel: 160-89-072
  • Municipality: MOUNTAIN VIEW
  • Latitude: 37.3918
  • Longitude: -122.054

    Address

  • Full Address: 245 Orbit Way
  • Address - House Number: 245
  • Address - Street Name: Orbit
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Mountain View
  • Carrier Code: C080
  • 4-Digit Zip Code: 4996
  • Zip Code: 94043

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $16,626
  • Tax Rate Code Area: 05-000

    Appraisal Valuation

  • Standard Deviation: 0.1947
  • Valuation Date: May 17, 2023
  • Confidence Score: 74
  • Final Value: 1,436,047
  • High Value: 1,715,648
  • Low Value: 1,156,447

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $739,200
  • First Open Lien Mortgage Lender: OWNING CORPORATION
  • First Open Lien Mortgage Recording Date: Dec 11, 2020
  • First Open Lien Mortgage Loan Amount: $739,200
  • 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: Jan 01, 2051

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,382,160
  • Assessed Land Value: $691,080
  • Assessed Improvements Value: $691,080

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 18, 2020
  • Current Sale Recording Date: Dec 11, 2020
  • Current Sale Transaction ID: 11806964858
  • Current Sale Price: $370,000
  • Current Sale Document Type: Quit Claim Deed
  • Current Sale Input Document Number: 24744510
  • Previous Sale Recording Date: Feb 27, 2019
  • Previous Sale Contract Date: Feb 11, 2019
  • Previous Sale Amount: $1,378,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: OWNING CORPORATION
  • First Mortgage Transaction Date: Dec 11, 2020
  • First Mortgage Loan Amount: $739,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: US BANK NA
  • Previous Mortgage Transaction Date: Feb 27, 2019
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $760,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Mar 01, 2049

About Moffett-Whisman



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Frequently Asked Questions

What neighborhood is 245 Orbit Way located in?
The 245 Orbit Way is a located in the neighborhood of Moffett-Whisman in Moffett-Whisman, Mountain View.
What is the average sales price for listings in 245 Orbit Way?
The average sales price for units in 245 Orbit Way is $0 currently.

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