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331 Everett Avenue

331 Everett Avenue, Palo Alto, CA 94301
Property in Downtown North
Sold Jul 29, 1997
$709,500
$625,000 by Provident Funding Associates L
Mortgage Due Jun 01, 2042
Local assessors in Palo Alto, CA have categorized 331 Everett Avenue as a residential type of property. The home was built in 1997 and is 27 years old. The property's lot size has been calculated to be 3,132 square feet. 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 7 rooms in the home. Of these, 4 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 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 331 Everett Avenue has a total of 1,754 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 378 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 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 good. 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 - B. The home's a heating system is the primary heating source. The property was last sold in Jul 8, 1997 for $709,500. That's $404.50 per sqft. 331 Everett Avenue was last assessed in 2023. The total value of the property was assessed at $1,088,575. Specifically, the land the property is located on was valued at $613,899. While improvements on the property were assessed at a total of $474,676. 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 $13,683. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Custom
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 378
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 3,132
  • Total Building Area: 1,754
  • Gross Building Area: 730
  • Building Area: 1,754
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 1,754
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.072
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 8847 BOOK 683 PAGE 19 PAGE 21 LOT 8

Ownership

  • Current Owner : CHIU WEI I
  • Current Owner 2: PARKER REBECCA A
  • Previous Owner : EVERETT COURT LTD PARTNERSHIP
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Palo Alto Unified School District
  • Census Tract: 511302

Zoning

  • Zoning: RM4

Geography

  • Subdivision Tract Number: 8847
  • Parcel: 120-14-114
  • Lot: 8
  • Municipality: PALO ALTO
  • Latitude: 37.4482
  • Longitude: -122.164

    Address

  • Full Address: 331 Everett Ave
  • Address - House Number: 331
  • Address - Street Name: Everett
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Palo Alto
  • Carrier Code: C031
  • 4-Digit Zip Code: 1418
  • Zip Code: 94301

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,683
  • Tax Rate Code Area: 06-001

    Appraisal Valuation

  • Standard Deviation: 0.2032
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 72
  • Final Value: 3,289,262
  • High Value: 3,957,890
  • Low Value: 2,620,634

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $984,000
  • First Open Lien Mortgage Lender: PROVIDENT FUNDING ASSOCIATES L
  • First Open Lien Mortgage Recording Date: Jun 06, 2012
  • First Open Lien Mortgage Loan Amount: $625,000
  • 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: Jun 01, 2042
  • Second Open Lien Mortgage Lender: COMERICA BANK
  • Second Open Lien Mortgage Recording Date: Jul 26, 2013
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $359,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,088,575
  • Assessed Land Value: $613,899
  • Assessed Improvements Value: $474,676

    Sales

  • Current Sale Contract Date: Jul 08, 1997
  • Current Sale Recording Date: Jul 29, 1997
  • Current Sale Transaction ID: 1053492827
  • Current Sale Price: $709,500
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 13793276

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NATIONAL TR &
  • First Mortgage Transaction Date: Jul 29, 1997
  • First Mortgage Loan Amount: $567,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Aug 01, 2027

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Downtown North



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Frequently Asked Questions

What neighborhood is 331 Everett Avenue located in?
The 331 Everett Avenue is a located in the neighborhood of Downtown North in Downtown North, Palo Alto.
What is the average sales price for listings in 331 Everett Avenue?
The average sales price for units in 331 Everett Avenue is $0 currently.

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