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3349 Louis Road

3349 Louis Road, Palo Alto, CA 94303
Property in Palo Verde
Sold Aug 31, 2005
$1,160,000
$250,000 by Provident Funding Associates L
Mortgage Due Nov 01, 2031
Sold Nov 19, 1999
$725,000
$500,000 by Abn Amro Mtg Group Inc
Mortgage Due Dec 01, 2029
Local assessors in Palo Alto, CA have categorized 3349 Louis Road 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 6,900 square feet. The linear feet between the front and back of the lot was measured at 1,150 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 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 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 3349 Louis Road has a total of 1,508 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 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. Residents rely on no air conditioning for their cooling system. The home's no heating system 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, 3349 Louis Road sold most recently in Aug 25, 2005 for a total of $1,160,000. If you work out the math, that's approximately a cost of $769.23 per sqft. Before that, the property was also sold for $725,000 in Nov 12, 1999. 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 $18,678 in taxes each year. 3349 Louis Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,523,670. If we break it down further, the land itself was valued at $1,116,485. Improvements to the property, however, were assessed at a total of $407,185. The property's total assessed value has been marked as more than the total market value which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Custom
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 378
  • Parking Space Count: 1
  • Patio Type: Patio - screened
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 6,900
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,508
  • Gross Building Area: 1,508
  • Building Area: 1,508
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: None
  • Heated Square Feet: 1,508
  • Heating Fuel Type: None

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: STERLING GARDENS 02
  • Land Acres: 0.158
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 954 STERLING GARDENS NO 2 BOOK 38 PAGE 15 BLOCK 11 LOT 21

Ownership

  • Current Owner : LIEHR SEBASTIAN
  • Current Owner 2: LIN SHANHUA
  • Previous Owner : BONEH DAN
  • Previous Owner 2: CAO PEI
  • Owner Before Previous Owner: MARC GURWITH
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

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

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 44-E3
  • Subdivision Tract Number: 954
  • Parcel: 127-22-014
  • Block: 11
  • Lot: 21
  • Municipality: PALO ALTO
  • Latitude: 37.4323
  • Longitude: -122.115

    Address

  • Full Address: 3349 Louis Rd
  • Address - House Number: 3349
  • Address - Street Name: Louis
  • Address - Suffix Type: Rd
  • State: CA
  • City Name: Palo Alto
  • Carrier Code: C030
  • 4-Digit Zip Code: 4122
  • Zip Code: 94303

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $18,678
  • Tax Rate Code Area: 06-001

    Appraisal Valuation

  • Standard Deviation: 0.1963
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 73
  • Final Value: 2,918,799
  • High Value: 3,491,990
  • Low Value: 2,345,608

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $250,000
  • First Open Lien Mortgage Lender: PROVIDENT FUNDING ASSOCIATES L
  • First Open Lien Mortgage Recording Date: Oct 19, 2016
  • First Open Lien Mortgage Loan Amount: $250,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2031

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,523,670
  • Assessed Land Value: $1,116,485
  • Assessed Improvements Value: $407,185

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 25, 2005
  • Current Sale Recording Date: Aug 31, 2005
  • Current Sale Transaction ID: 1005537087
  • Current Sale Price: $1,160,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 18555757
  • Previous Sale Recording Date: Nov 19, 1999
  • Previous Sale Contract Date: Nov 12, 1999
  • Previous Sale Amount: $725,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: NATIONAL CITY BANK
  • First Mortgage Transaction Date: Aug 31, 2005
  • First Mortgage Loan Amount: $500,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Credit Line (Revolving)
  • First Mortgage Loan Due Date: Aug 26, 2035
  • Second Mortgage Lender: HSBC MORTGAGE CORPORATION USA
  • Second Mortgage Transaction Date: Aug 31, 2005
  • Second Mortgage Loan Amount: $359,650
  • Second Mortgage Terms: 360
  • Second Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Second Mortgage Loan Due Date: Sep 01, 2035

    Previous Mortgages

  • Previous Mortgage Lender: ABN AMRO MTG GROUP INC
  • Previous Mortgage Transaction Date: Nov 19, 1999
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $500,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Dec 01, 2029

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Frequently Asked Questions

What neighborhood is 3349 Louis Road located in?
The 3349 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 3349 Louis Road?
The average sales price for units in 3349 Louis Road is $0 currently.

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