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280 Iris Way

280 Iris Way, Palo Alto, CA 94303
Sold Sep 04, 2009
Transfer
$350,000 by Wells Fargo Bank Na
Mortgage Due Nov 17, 2045
Local assessors in Palo Alto, CA have categorized 280 Iris Way as a residential type of property. The home was built in 1948 and is 76 years old. The property's lot size has been calculated to be 5,940 square feet. The linear feet between the front and back of the lot was measured at 1,080 ft and the front of the lot was measured at 550 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 5 rooms in the home. Of these, 3 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 is one full bathroom. There is also a partial bathroom. 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 280 Iris Way has a total of 1,093 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 240 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 a patio so you'll have a great option in the 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 - C. The home's a heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 280 Iris Way was last assessed in 2023. The total value of the property was assessed at $1,439,200. Specifically, the land the property is located on was valued at $1,395,782. While improvements on the property were assessed at a total of $43,418. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $17,692. The initial tax year of delinquency was in 2020. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 240
  • Parking Space Count: 1
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 5,940
  • Lot Size Depth Feet: 1,080
  • Lot Size Frontage Feet: 550
  • Total Building Area: 1,093
  • Gross Building Area: 1,093
  • Building Area: 1,093
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 1,093
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GREEN GABLES
  • Land Acres: 0.136
  • Standard Land Use Code: Single family residential
  • Legal Description 1: GREEN GABLES BLK 323 LOT 67

Ownership

  • Current Owner : ZHUANG WEI
  • Current Owner 2: PANG WEIHONG
  • Previous Owner : KINGSTON ANDREA
  • 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: 511100

Zoning

  • Zoning: R1

Geography

  • Subdivision Tract Number: 66
  • Parcel: 003-41-019
  • Municipality: PALO ALTO
  • Latitude: 37.4477
  • Longitude: -122.13

    Address

  • Full Address: 280 Iris Way
  • Address - House Number: 280
  • Address - Street Name: Iris
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Palo Alto
  • Carrier Code: C020
  • 4-Digit Zip Code: 3039
  • Zip Code: 94303

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $17,692
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 06-001

    Appraisal Valuation

  • Standard Deviation: 0.1739
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 71
  • Final Value: 3,762,580
  • High Value: 4,547,720
  • Low Value: 2,977,439

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $925,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Nov 09, 2015
  • First Open Lien Mortgage Loan Amount: $350,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Open Lien Mortgage Loan Due Date: Nov 17, 2045
  • Second Open Lien Mortgage Lender: QUICKEN LOANS LLC
  • Second Open Lien Mortgage Recording Date: Oct 07, 2020
  • Second Open Lien Mortgage Loan Amount: $575,000
  • 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: Nov 01, 2035

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,439,200
  • Assessed Land Value: $1,395,782
  • Assessed Improvements Value: $43,418

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 14, 2009
  • Current Sale Recording Date: Sep 04, 2009
  • Current Sale Transaction ID: 1079549907
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20422267

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Sep 04, 2009
  • First Mortgage Loan Amount: $928,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2039

About Duveneck - St. Francis



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Frequently Asked Questions

What neighborhood is 280 Iris Way located in?
The 280 Iris Way is a located in the neighborhood of Duveneck - St. Francis in Duveneck - St. Francis, Palo Alto.
What is the average sales price for listings in 280 Iris Way?
The average sales price for units in 280 Iris Way is $0 currently.

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