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2700 Ramona Street

2700 Ramona Street, Palo Alto, CA 94306
Sold Sep 27, 2011
$2,669,750
$1,250,000 by Wells Fargo Bank Na
Mortgage Due Oct 01, 2041
Sold Jan 12, 2005
$1,480,500
$999,950 by Countrywide Home Loans Inc
Mortgage Due Feb 01, 2035
Local assessors in Palo Alto, CA have categorized 2700 Ramona Street as a residential type of property. The home was built in 2011 and is 13 years old. The property's lot size has been calculated to be 8,040 square feet. The linear feet between the front and back of the lot was measured at 1,340 ft and the front of the lot was measured at 600 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 10 rooms in the home. Of these, 5 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 4 full bathrooms. There are also 5 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2700 Ramona Street has a total of 2,950 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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. 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 220 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 unknown and a unknown 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. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 2700 Ramona Street was last sold in Sep 21, 2011 for $2,669,750. According to our calculations, that's $905.00 per sqft. Prior to that sales transaction, the property was sold for $1,480,500 in Jan 3, 2005. Current property owners are expected to pay $38,516 in taxes per year. The property on 2700 Ramona Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $3,223,434. To break that down further, the land itself was valued at $1,895,429. While improvements to the property were assessed at a total of $1,328,005. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 2011
  • Effective Year Built: 2011
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 220
  • 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: 2,950
  • Gross Building Area: 2,950
  • Building Area: 2,950
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,950
  • 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 : ZHOU PEIWEN
  • Current Owner 2: NI YANPING
  • Previous Owner : HUANG JIANHUA
  • Previous Owner 2: TANG WENJUN
  • Owner Before Previous Owner: MORGAN ROBERT E
  • Owner Before Previous Owner 2: MORGAN LOIS B
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

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

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 44-C3
  • Parcel: 132-18-050
  • Block: 12
  • Lot: 21
  • Municipality: PALO ALTO
  • Latitude: 37.4274
  • Longitude: -122.135

    Address

  • Full Address: 2700 Ramona St
  • Address - House Number: 2700
  • Address - Street Name: Ramona
  • Address - Suffix Type: St
  • State: CA
  • City Name: Palo Alto
  • Carrier Code: C066
  • 4-Digit Zip Code: 2316
  • Zip Code: 94306

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $38,516
  • Tax Rate Code Area: 06-001

    Appraisal Valuation

  • Standard Deviation: 0.1985
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 73
  • Final Value: 4,369,923
  • High Value: 5,237,678
  • Low Value: 3,502,169

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,680,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Sep 27, 2011
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,250,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2041
  • Second Open Lien Mortgage Lender: QUICKEN LOANS INC
  • Second Open Lien Mortgage Recording Date: Jun 29, 2020
  • Second Open Lien Mortgage Loan Amount: $430,000
  • 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: Jul 01, 2035

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,223,434
  • Assessed Land Value: $1,895,429
  • Assessed Improvements Value: $1,328,005

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 21, 2011
  • Current Sale Recording Date: Sep 27, 2011
  • Current Sale Transaction ID: 1023964253
  • Current Sale Price: $2,669,750
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21336426
  • Previous Sale Recording Date: Jan 12, 2005
  • Previous Sale Contract Date: Jan 03, 2005
  • Previous Sale Amount: $1,480,500
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Sep 27, 2011
  • First Mortgage Loan Amount: $1,250,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Oct 01, 2041

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: COUNTRYWIDE HOME LOANS INC
  • Previous Mortgage Transaction Date: Jan 12, 2005
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $999,950
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 01, 2035

About Midtown Palo Alto



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Frequently Asked Questions

What neighborhood is 2700 Ramona Street located in?
The 2700 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 2700 Ramona Street?
The average sales price for units in 2700 Ramona Street is $0 currently.

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