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3279 Maddux Drive

3279 Maddux Drive, Palo Alto, CA 94303
Sold Jul 11, 2016
$1,725,000
$1,380,000 by Hsbc Bank Usa
Mortgage Due Aug 01, 2046
Sold Mar 31, 1994
$297,500
$238,000 by Americas Wholesale Lndr
Mortgage Due Apr 01, 2024
Local assessors in Palo Alto, CA have categorized 3279 Maddux Drive as a residential type of property. The home was built in 1952 and is 72 years old. The property's lot size has been calculated to be 7,200 square feet. The linear feet between the front and back of the lot was measured at 1,200 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 custom style. 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 are 2 full bathrooms. There are also 2 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 3279 Maddux Drive has a total of 1,202 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. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. 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 264 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 porch and a screened patio 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 - C. The building has a roof that is made of composition shingle. Lots of stucco were used in the construction of the exterior walls of the home. Residents rely on no air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with nothing. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 3279 Maddux Drive sold most recently in Jun 30, 2016 for a total of $1,725,000. If you work out the math, that's approximately a cost of $1,435.11 per sqft. Before that, the property was also sold for $297,500 in Mar 17, 1994. 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 $26,831 in taxes each year. 3279 Maddux Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $2,222,275. If we break it down further, the land itself was valued at $1,731,841. Improvements to the property, however, were assessed at a total of $490,434. The property's total assessed value has been marked as more than the total market value which is pretty atypical. 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.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: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Custom
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 264
  • Parking Space Count: 1
  • Patio Type: Patio - screened
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 7,200
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,202
  • Gross Building Area: 1,004
  • Building Area: 1,202
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,202
  • Heating Fuel Type: None

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: STERLING GARDENS 01
  • Land Acres: 0.165
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 912 STERLING GARDENS NO 1 BOOK 34 PAGE 40 PAGE 41 BLOCK 4 LOT 30

Ownership

  • Current Owner : LAROSA GREGORIO
  • Current Owner 2: PAPPALARDO SILVANA
  • Previous Owner : CHAN MARTHA POLING
  • Owner Before Previous Owner: TURNEY THOMAS MICHAEL
  • Owner Before Previous Owner 2: TURNEY CAROLE L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 44-E2
  • Subdivision Tract Number: 912
  • Parcel: 127-08-068
  • Block: 4
  • Lot: 30
  • Municipality: PALO ALTO
  • Latitude: 37.4362
  • Longitude: -122.112

    Address

  • Full Address: 3279 Maddux Dr
  • Address - House Number: 3279
  • Address - Street Name: Maddux
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Palo Alto
  • Carrier Code: C055
  • 4-Digit Zip Code: 4036
  • Zip Code: 94303

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $26,831
  • Tax Rate Code Area: 06-001

    Appraisal Valuation

  • Standard Deviation: 0.1995
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 73
  • Final Value: 2,557,057
  • High Value: 3,067,399
  • Low Value: 2,046,715

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,380,000
  • First Open Lien Mortgage Lender: HSBC BANK USA
  • First Open Lien Mortgage Recording Date: Jul 11, 2016
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,380,000
  • 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: Aug 01, 2046

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,222,275
  • Assessed Land Value: $1,731,841
  • Assessed Improvements Value: $490,434

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 30, 2016
  • Current Sale Recording Date: Jul 11, 2016
  • Current Sale Transaction ID: 1638115761
  • Current Sale Price: $1,725,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 23360801
  • Previous Sale Recording Date: Mar 31, 1994
  • Previous Sale Contract Date: Mar 17, 1994
  • Previous Sale Amount: $297,500
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: HSBC BANK USA
  • First Mortgage Transaction Date: Jul 11, 2016
  • First Mortgage Loan Amount: $1,380,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Aug 01, 2046

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAS WHOLESALE LNDR
  • Previous Mortgage Transaction Date: Mar 31, 1994
  • Previous Mortgage Loan Amount: $238,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Apr 01, 2024

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Frequently Asked Questions

What neighborhood is 3279 Maddux Drive located in?
The 3279 Maddux Drive 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 3279 Maddux Drive?
The average sales price for units in 3279 Maddux Drive is $0 currently.

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