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251 Miramonte Avenue

251 Miramonte Avenue, Palo Alto, CA 94306
Property in Southgate
Sold Oct 23, 2008
$1,689,000
$417,000 by First Republic Bank
Mortgage Due Sep 01, 2043
Sold Feb 12, 2004
$1,400,000
$1,000,000 by Washington Mutual Bank Fa
Mortgage Due Mar 01, 2034
251 Miramonte Avenue in Palo Alto, CA was first built in 1946 and is 78 years old. Although, the building on the property was most recently renovated and altered in 2000. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a unknown. It is a single story home. There are a total of 7 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 251 Miramonte Avenue has 1,516 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 600 ft and the linear feet between the front and back of the lot is 1,050. In total, the area measurement of the land is 6,300 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. For those who need parking, there is a garage. The garage is 537 sqft. There are a total of 2 available parking spaces. 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. 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. 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, 251 Miramonte Avenue was last sold in Sep 18, 2008 for $1,689,000. According to our calculations, that's $1,114.12 per sqft. Prior to that sales transaction, the property was sold for $1,400,000 in Feb 3, 2004. Current property owners are expected to pay $25,294 in taxes per year. The property on 251 Miramonte Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $2,090,563. To break that down further, the land itself was valued at $1,794,747. While improvements to the property were assessed at a total of $295,816. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1946
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • 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: 537
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,300
  • Lot Size Depth Feet: 1,050
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,516
  • Gross Building Area: 1,221
  • Building Area: 1,516
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: None
  • Heated Square Feet: 1,516
  • Heating Fuel Type: None

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SOUTHGATE
  • Land Acres: 0.145
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BLOCK C LOT 7

Ownership

  • Current Owner : CHALTAS PAULA PONCE
  • Current Owner 2: CHALTAS GEORGE NICHOLAS
  • Previous Owner : MURRAY SCOTT E
  • Owner Before Previous Owner: BYRNE DONN H
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Palo Alto Unified School District
  • Census Tract: 511501

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 44-A3
  • Parcel: 124-24-052
  • Block: C
  • Lot: 7
  • Municipality: PALO ALTO
  • Latitude: 37.4322
  • Longitude: -122.152

    Address

  • Full Address: 251 Miramonte Ave
  • Address - House Number: 251
  • Address - Street Name: Miramonte
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Palo Alto
  • Carrier Code: C040
  • 4-Digit Zip Code: 1031
  • Zip Code: 94306

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $25,294
  • Tax Rate Code Area: 06-001

    Appraisal Valuation

  • Standard Deviation: 0.1727
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 71
  • Final Value: 3,311,302
  • High Value: 3,997,329
  • Low Value: 2,625,274

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $417,000
  • First Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • First Open Lien Mortgage Recording Date: Aug 20, 2013
  • First Open Lien Mortgage Loan Amount: $417,000
  • 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: Sep 01, 2043

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,090,563
  • Assessed Land Value: $1,794,747
  • Assessed Improvements Value: $295,816

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 18, 2008
  • Current Sale Recording Date: Oct 23, 2008
  • Current Sale Transaction ID: 1053504103
  • Current Sale Price: $1,689,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20026564
  • Previous Sale Recording Date: Feb 12, 2004
  • Previous Sale Contract Date: Feb 03, 2004
  • Previous Sale Amount: $1,400,000
  • Previous Sale Document Type: Individual Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST REPUBLIC BANK
  • First Mortgage Transaction Date: Oct 23, 2008
  • First Mortgage Loan Amount: $417,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Nov 01, 2038

    Previous Mortgages

  • Previous Mortgage Lender: WASHINGTON MUTUAL BANK FA
  • Previous Mortgage Transaction Date: Feb 12, 2004
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $1,000,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Mar 01, 2034

About Southgate



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Frequently Asked Questions

What neighborhood is 251 Miramonte Avenue located in?
The 251 Miramonte Avenue is a located in the neighborhood of Southgate in Southgate, Palo Alto.
What is the average sales price for listings in 251 Miramonte Avenue?
The average sales price for units in 251 Miramonte Avenue is $0 currently.

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