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2928 Louis Road

2928 Louis Road, Palo Alto, CA 94303
Sold Sep 29, 2020
$2,625,000
$1,000,000 by Jpmorgan Chase Bank Na
Mortgage Due Oct 01, 2050
Sold Jun 05, 1998
$608,000
2928 Louis Road in Palo Alto, CA was first built in 1954 and is 70 years old. Although, the building on the property was most recently renovated and altered in 1976. 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 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. 2928 Louis Road has 1,360 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 600 ft and the linear feet between the front and back of the lot is 1,200. 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 porch and a patio. For those who need parking, there is a garage. The garage is 400 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 good. As for heating, the home is utilizing a heating system. 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. The property was last sold in Sep 21, 2020 for $2,625,000. That's $1,930.15 per sqft. Prior to that sales transaction, the property was also sold in May 27, 1998 for $608,000. 2928 Louis Road was last assessed in 2023. The total value of the property was assessed at $2,280,000. Specifically, the land the property is located on was valued at $2,193,100. While improvements on the property were assessed at a total of $86,900. 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 $32,853. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1954
  • Effective Year Built: 1976
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Custom
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 7,200
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,360
  • Gross Building Area: 1,360
  • Building Area: 1,360
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 1,360
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 1300
  • Land Acres: 0.165
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 1300 BOOK 50 PAGE 30 LOT 2

Ownership

  • Current Owner : SHIEH ROSA SHAU
  • Current Owner 2: ROSA SHIEH TRUST
  • Previous Owner : HUNG BRIAN TSENG LIANG
  • Previous Owner 2: THE KENT TSENG HUNG SPECIAL NE
  • Owner Before Previous Owner: BLUM MICHAEL E
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 44-D2
  • Subdivision Tract Number: 1300
  • Parcel: 127-27-077
  • Lot: 2
  • Municipality: PALO ALTO
  • Latitude: 37.4363
  • Longitude: -122.122

    Address

  • Full Address: 2928 Louis Rd
  • Address - House Number: 2928
  • Address - Street Name: Louis
  • Address - Suffix Type: Rd
  • State: CA
  • City Name: Palo Alto
  • Carrier Code: C028
  • 4-Digit Zip Code: 3903
  • Zip Code: 94303

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $32,853
  • Tax Rate Code Area: 06-001

    Appraisal Valuation

  • Standard Deviation: 0.2032
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 72
  • Final Value: 3,118,737
  • High Value: 3,752,701
  • Low Value: 2,484,773

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,000,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Sep 29, 2020
  • First Open Lien Mortgage Loan Amount: $1,000,000
  • 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, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,280,000
  • Assessed Land Value: $2,193,100
  • Assessed Improvements Value: $86,900

    Sales

  • Current Sale Contract Date: Sep 21, 2020
  • Current Sale Recording Date: Sep 29, 2020
  • Current Sale Transaction ID: 11789161274
  • Current Sale Price: $2,625,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 24634382
  • Previous Sale Recording Date: Jun 05, 1998
  • Previous Sale Contract Date: May 27, 1998
  • Previous Sale Amount: $608,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Sep 29, 2020
  • First Mortgage Loan Amount: $1,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 2928 Louis Road located in?
The 2928 Louis 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 2928 Louis Road?
The average sales price for units in 2928 Louis Road is $0 currently.

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