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3262 Louis Road

3262 Louis Road, Palo Alto, CA 94303
Property in Palo Verde
Sold Aug 23, 1995
$630,000
$988,000 by Wells Fargo Bank Na
Mortgage Due Apr 01, 2042
3262 Louis Road in Palo Alto, CA was first built in 1995 and is 29 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. There are a total of 2 floors. There are a total of 9 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 3262 Louis Road has 2,462 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 1,160. In total, the area measurement of the land is 6,534 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 342 sqft. There is one available parking space. 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 good. As for heating, the home is utilizing a heating system. 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, 3262 Louis Road sold most recently in Jan 1, 1970 for a total of $630,000. If you work out the math, that's approximately a cost of $255.89 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 $12,719 in taxes each year. 3262 Louis Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,005,948. If we break it down further, the land itself was valued at $407,168. Improvements to the property, however, were assessed at a total of $598,780. The property's total assessed value has been marked as more than the total market value which is pretty atypical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Wood
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 342
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,534
  • Lot Size Depth Feet: 1,160
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,462
  • Gross Building Area: 1,372
  • Building Area: 2,462
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 2,462
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FAIRCOURT
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 1750 FAIRCOURT BOOK 71 PAGE 11 BLOCK 1 LOT 18

Ownership

  • Current Owner : LEE PAUL HINGPING
  • Current Owner 2: LEE WEN KANG
  • Previous Owner : LOW JOHN
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Palo Alto Unified School District
  • Census Tract: 510801

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 44-D2
  • Subdivision Tract Number: 1750
  • Parcel: 127-25-046
  • Block: 1
  • Lot: 18
  • Municipality: PALO ALTO
  • Latitude: 37.4325
  • Longitude: -122.116

    Address

  • Full Address: 3262 Louis Rd
  • Address - House Number: 3262
  • Address - Street Name: Louis
  • Address - Suffix Type: Rd
  • State: CA
  • City Name: Palo Alto
  • Carrier Code: C030
  • 4-Digit Zip Code: 4175
  • Zip Code: 94303

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,719
  • Tax Rate Code Area: 06-001

    Appraisal Valuation

  • Standard Deviation: 0.1985
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 73
  • Final Value: 3,525,274
  • High Value: 4,225,303
  • Low Value: 2,825,245

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $2,726,600
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Mar 20, 2012
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $988,000
  • 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: Apr 01, 2042
  • Second Open Lien Mortgage Lender: QUICKEN LOANS INC
  • Second Open Lien Mortgage Recording Date: May 15, 2013
  • Second Open Lien Mortgage Loan Amount: $1,047,600
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: May 01, 2043
  • Third Open Lien Mortgage Lender: QUICKEN LOANS INC
  • Third Open Lien Mortgage Recording Date: Feb 07, 2014
  • Third Open Lien Mortgage Financing Type: Variable
  • Third Open Lien Mortgage Loan Amount: $691,000
  • Third Open Lien Mortgage Term: 360
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Third Open Lien Mortgage Loan Due Date: Jan 29, 2044

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,005,948
  • Assessed Land Value: $407,168
  • Assessed Improvements Value: $598,780

    Sales

  • Current Sale Recording Date: Aug 23, 1995
  • Current Sale Transaction ID: 1049260138
  • Current Sale Price: $630,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 12990499

About Palo Verde



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Frequently Asked Questions

What neighborhood is 3262 Louis Road located in?
The 3262 Louis Road is a located in the neighborhood of Palo Verde in Palo Verde, Palo Alto.
What is the average sales price for listings in 3262 Louis Road?
The average sales price for units in 3262 Louis Road is $0 currently.

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