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278 Scripps Court

278 Scripps Court, Palo Alto, CA 94306
Property in Greenmeadow
Sold Aug 30, 2016
$2,400,000
Buyer
$900,000 by Ctbc Bank Corp Usa
Mortgage Due Oct 01, 2051
278 Scripps Court in Palo Alto, CA was first built in 1955 and is 69 years old. 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, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 278 Scripps Court has 1,945 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 720 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 7,200 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 500 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, 278 Scripps Court was last sold in Aug 9, 2016 for $2,400,000. According to our calculations, that's $1,233.93 per sqft. Current property owners are expected to pay $31,289 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2022. The property on 278 Scripps Court was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $2,677,243. To break that down further, the land itself was valued at $2,231,037. While improvements to the property were assessed at a total of $446,206. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • 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: 500
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,200
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 720
  • Total Building Area: 1,945
  • Gross Building Area: 1,890
  • Building Area: 1,945
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: None
  • Heated Square Feet: 1,945
  • Heating Fuel Type: None

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GREENMEADOW
  • Land Acres: 0.165
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 1401 GREENMEADOW BOOK 53 PAGE 55 BLOCK 2 LOT 20

Ownership

  • Current Owner : XU JIN
  • Previous Owner : MULCAHY TMOTHY I
  • 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: 510802

Zoning

  • Zoning: R1B8

Geography

  • Assessors Map Reference: 44-E5
  • Subdivision Tract Number: 1401
  • Parcel: 147-27-010
  • Block: 2
  • Lot: 20
  • Municipality: PALO ALTO
  • Latitude: 37.413
  • Longitude: -122.111

    Address

  • Full Address: 278 Scripps Ct
  • Address - House Number: 278
  • Address - Street Name: Scripps
  • Address - Suffix Type: Ct
  • State: CA
  • City Name: Palo Alto
  • Carrier Code: C085
  • 4-Digit Zip Code: 4540
  • Zip Code: 94306

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $31,289
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 06-012

    Appraisal Valuation

  • Standard Deviation: 0.1727
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 71
  • Final Value: 3,431,830
  • High Value: 4,142,829
  • Low Value: 2,720,832

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $900,000
  • First Open Lien Mortgage Lender: CTBC BANK CORP USA
  • First Open Lien Mortgage Recording Date: Sep 17, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $900,000
  • 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: Oct 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,677,243
  • Assessed Land Value: $2,231,037
  • Assessed Improvements Value: $446,206

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 09, 2016
  • Current Sale Recording Date: Aug 30, 2016
  • Current Sale Transaction ID: 1782875963
  • Current Sale Price: $2,400,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 23417104

About Greenmeadow



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Frequently Asked Questions

What neighborhood is 278 Scripps Court located in?
The 278 Scripps Court is a located in the neighborhood of Greenmeadow in Greenmeadow, Palo Alto.
What is the average sales price for listings in 278 Scripps Court?
The average sales price for units in 278 Scripps Court is $0 currently.

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