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330 Ventura Avenue

330 Ventura Avenue, Palo Alto, CA 94306
Property in Ventura
Sold Jun 09, 2015
$7,600,000
$3,800,000 by First Republic Bank
Mortgage Due Jun 09, 2045
Sold Jul 24, 2012
$3,027,750
$1,968,200 by First Republic Bank
Mortgage
330 Ventura Avenue has been categorized by the local assessors in Palo Alto, CA as a residential type of property. The building on the property was first built in 1957 and is 67 years old. The building has a total of 2 stories. In addition, 330 Ventura Avenue has 8,244 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 2,340 ft and across the front of the lot is 820 ft. The area measurement of the land has been determined as 19,323 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 17 sqft. According to our sources, there are a total of 17 available parking spaces. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The inside of the home is being cooled with no air conditioning at the moment. In terms of heating, it is utilizing no heating system and being fueled with nothing. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The property was last sold in Jun 1, 2015 for $7,600,000. That's $921.88 per sqft. Prior to that sales transaction, the property was also sold in Jul 5, 2012 for $3,027,750. 330 Ventura Avenue was last assessed in 2023. The total value of the property was assessed at $8,779,371. Specifically, the land the property is located on was valued at $7,589,537. While improvements on the property were assessed at a total of $1,189,834. 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 $103,655. 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. 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: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Floor Count: 2
  • Living Units: 15
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 17
  • Parking Space Count: 17

    Dimensions

  • Lot Size Square Feet: 19,323
  • Lot Size Depth Feet: 2,340
  • Lot Size Frontage Feet: 820
  • Total Building Area: 8,244
  • Gross Building Area: 8,244
  • Building Area: 8,244
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: None
  • Heated Square Feet: 8,244
  • Heating Fuel Type: None

    Utilities

  • Sewer System: unknown
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: MORRISON PARK CONDO
  • Land Acres: 0.444
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)

Ownership

  • Current Owner : XUEREB FAMILY REVOCABLE TRUST
  • Current Owner 2: XUEREB CARMELA A
  • Previous Owner : LEVIN ADAM
  • Previous Owner 2: LEVIN ELEONORA
  • Owner Before Previous Owner: STARNER MARGARET LOUISE CHOW
  • Owner Before Previous Owner 2: CHOW WALLACE LEE
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Palo Alto Unified School District
  • Census Tract: 510700

Zoning

  • Zoning: RM4

Geography

  • Assessors Map Reference: 44-C4
  • Parcel: 132-41-043
  • Lot: 10
  • Municipality: PALO ALTO
  • Latitude: 37.4188
  • Longitude: -122.129

    Address

  • Full Address: 330 Ventura Ave
  • Address - House Number: 330
  • Address - Street Name: Ventura
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Palo Alto
  • Carrier Code: C103
  • 4-Digit Zip Code: 3477
  • Zip Code: 94306

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $103,655
  • Tax Rate Code Area: 06-001

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,800,000
  • First Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • First Open Lien Mortgage Recording Date: Jun 09, 2015
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $3,800,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Jun 09, 2045

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $8,779,371
  • Assessed Land Value: $7,589,537
  • Assessed Improvements Value: $1,189,834

    Sales

  • Current Sale Contract Date: Jun 01, 2015
  • Current Sale Recording Date: Jun 09, 2015
  • Current Sale Transaction ID: 1219963600
  • Current Sale Price: $7,600,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 22979398
  • Previous Sale Recording Date: Jul 24, 2012
  • Previous Sale Contract Date: Jul 05, 2012
  • Previous Sale Amount: $3,027,750
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST REPUBLIC BANK
  • First Mortgage Transaction Date: Jun 09, 2015
  • First Mortgage Loan Amount: $3,800,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: FIRST REPUBLIC BANK
  • Previous Mortgage Transaction Date: Jul 24, 2012
  • Previous Mortgage Loan Amount: $1,968,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Ventura



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Nearby Rentals

Unit for rent at

$2,695 /mo

  • 3 Beds
  • 1 Bath
  • 1,252 ft²
Listing by Andy Yau
Unit for rent at

$1,900 /mo

  • 1 Bed
  • 1 Bath

Frequently Asked Questions

What neighborhood is 330 Ventura Avenue located in?
The 330 Ventura Avenue is a located in the neighborhood of Ventura in Ventura, Palo Alto.
What is the average sales price for listings in 330 Ventura Avenue?
The average sales price for units in 330 Ventura Avenue is $0 currently.

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