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2579 Greer Road

2579 Greer Road, Palo Alto, CA 94303
Sold May 28, 2021
$2,950,000
$1,300,000 by Bank Of America Na
Mortgage Due Jun 01, 2051
Sold Jun 27, 2003
Transfer
$212,000 by First Horizon Home Loan Corp
Mortgage Due Jul 01, 2033
2579 Greer Road in Palo Alto, CA was first built in 1973 and is 51 years old. Although, the building on the property was most recently renovated and altered in 1974. 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 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 2579 Greer Road has 1,646 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 550 ft and the linear feet between the front and back of the lot is 1,010. In total, the area measurement of the land is 5,555 square feet.

Learn more about the property and building on this page. There is a porch and a screened patio. For those who need parking, there is a garage. The garage is 451 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 B. The condition of the building has been evaluated as average. As for heating, the home is utilizing a forced air unit. 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, 2579 Greer Road sold most recently in May 25, 2021 for a total of $2,950,000. If you work out the math, that's approximately a cost of $1,792.22 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 $36,799 in taxes each year. The initial year of tax delinquency occurred in 2021. 2579 Greer Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $2,745,000. If we break it down further, the land itself was valued at $2,558,800. Improvements to the property, however, were assessed at a total of $186,200. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1973
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Custom
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 451
  • Parking Space Count: 2
  • Patio Type: Patio - screened
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 5,555
  • Lot Size Depth Feet: 1,010
  • Lot Size Frontage Feet: 550
  • Total Building Area: 1,646
  • Gross Building Area: 1,646
  • Building Area: 1,646
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,646
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 1975
  • Land Acres: 0.128
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 1975 BOOK 91 PAGE 31 BLOCK 1 LOT 13

Ownership

  • Current Owner : WANG ANGELA
  • Current Owner 2: NG SZE YEUNG
  • Previous Owner : LABAREE DAVID R
  • Previous Owner 2: CHURCHILL DIANE M
  • Owner Before Previous Owner: WEBB MARK DOUGLAS
  • Owner Before Previous Owner 2: WEBB DEBORAH LYNN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Palo Alto Unified School District
  • Census Tract: 511000

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 44-D1
  • Subdivision Tract Number: 1975
  • Parcel: 127-02-084
  • Block: 1
  • Lot: 13
  • Municipality: PALO ALTO
  • Latitude: 37.4424
  • Longitude: -122.124

    Address

  • Full Address: 2579 Greer Rd
  • Address - House Number: 2579
  • Address - Street Name: Greer
  • Address - Suffix Type: Rd
  • State: CA
  • City Name: Palo Alto
  • Carrier Code: C029
  • 4-Digit Zip Code: 3515
  • Zip Code: 94303

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $36,799
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 06-001

    Appraisal Valuation

  • Standard Deviation: 0.1963
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 73
  • Final Value: 3,168,450
  • High Value: 3,790,667
  • Low Value: 2,546,233

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,300,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: May 28, 2021
  • First Open Lien Mortgage Loan Amount: $1,300,000
  • 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: Jun 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,745,000
  • Assessed Land Value: $2,558,800
  • Assessed Improvements Value: $186,200

    Sales

  • Current Sale Contract Date: May 25, 2021
  • Current Sale Recording Date: May 28, 2021
  • Current Sale Transaction ID: 11836567854
  • Current Sale Price: $2,950,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 24979291
  • Previous Sale Recording Date: Jun 27, 2003
  • Previous Sale Contract Date: Jun 10, 2003
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: May 28, 2021
  • First Mortgage Loan Amount: $1,300,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: FIRST HORIZON HOME LOAN CORP
  • Previous Mortgage Transaction Date: Jun 27, 2003
  • Previous Mortgage Loan Amount: $212,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jul 01, 2033

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Frequently Asked Questions

What neighborhood is 2579 Greer Road located in?
The 2579 Greer Road 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 2579 Greer Road?
The average sales price for units in 2579 Greer Road is $0 currently.

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