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2570 Ramona Street

2570 Ramona Street, Palo Alto, CA 94301
Sold Feb 28, 2023
$3,700,000
$2,960,000 by U.s. Bank National Association
Mortgage Due Mar 01, 2053
Sold Aug 27, 2015
$3,117,000
$1,499,000 by Everbank.com
Mortgage Due Sep 01, 2045
2570 Ramona Street has been categorized by the local assessors in Palo Alto, CA as a residential type of property. The building on the property was first built in 1947 and is 77 years old. However, we must point out that the home was most recently renovated and altered in 1965. The home has a total of 7 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 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, 2570 Ramona Street has 2,240 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 1,340 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 8,040 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 264 sqft. According to our sources, there is one available parking space. 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. 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, 2570 Ramona Street sold most recently in Feb 16, 2023 for a total of $3,700,000. If you work out the math, that's approximately a cost of $1,651.79 per sqft. Before that, the property was also sold for $3,117,000 in Aug 24, 2015. 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 $42,367 in taxes each year. 2570 Ramona Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $3,546,254. If we break it down further, the land itself was valued at $3,015,247. Improvements to the property, however, were assessed at a total of $531,007. The property's total assessed value has been marked as more than the total market value 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.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: 1947
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 264
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,040
  • Lot Size Depth Feet: 1,340
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,240
  • Gross Building Area: 960
  • Building Area: 2,240
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 2,240
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: STANFORD CITY
  • Land Acres: 0.185
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : JI LEI
  • Current Owner 2: WEI SHAOJIN
  • Previous Owner : CHI-CHIN YEN TRUST
  • Owner Before Previous Owner: JUDD H STANLEY
  • Owner Before Previous Owner 2: JUDD INGRID M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Jul 31, 2023

Neighborhood

  • School District Name: Palo Alto Unified School District
  • Census Tract: 510900

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 44-C3
  • Parcel: 132-18-043
  • Lot: 38,39
  • Municipality: PALO ALTO
  • Latitude: 37.4281
  • Longitude: -122.136

    Address

  • Full Address: 2570 Ramona St
  • Address - House Number: 2570
  • Address - Street Name: Ramona
  • Address - Suffix Type: St
  • State: CA
  • City Name: Palo Alto
  • Carrier Code: C046
  • 4-Digit Zip Code: 4236
  • Zip Code: 94301

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $42,367
  • Tax Rate Code Area: 06-001

    Appraisal Valuation

  • Standard Deviation: 0.1738
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 71
  • Final Value: 3,755,832
  • High Value: 4,547,081
  • Low Value: 2,964,582

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,960,000
  • First Open Lien Mortgage Lender: U.S. BANK NATIONAL ASSOCIATION
  • First Open Lien Mortgage Recording Date: Feb 28, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $2,960,000
  • 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: Mar 01, 2053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,546,254
  • Assessed Land Value: $3,015,247
  • Assessed Improvements Value: $531,007

    Sales

  • Current Sale Contract Date: Feb 16, 2023
  • Current Sale Recording Date: Feb 28, 2023
  • Current Sale Transaction ID: 11902745436
  • Current Sale Price: $3,700,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 25442864
  • Previous Sale Recording Date: Aug 27, 2015
  • Previous Sale Contract Date: Aug 24, 2015
  • Previous Sale Amount: $3,117,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: U.S. BANK NATIONAL ASSOCIATION
  • First Mortgage Transaction Date: Feb 28, 2023
  • First Mortgage Loan Amount: $2,960,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2053

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: EVERBANK.COM
  • Previous Mortgage Transaction Date: Aug 27, 2015
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $1,499,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Sep 01, 2045

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 2570 Ramona Street located in?
The 2570 Ramona Street is a located in the neighborhood of Midtown Palo Alto in Midtown Palo Alto, Palo Alto.
What is the average sales price for listings in 2570 Ramona Street?
The average sales price for units in 2570 Ramona Street is $0 currently.

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