Check Availability

3587 Powell Drive

3587 Powell Drive, Lafayette, CA 94549
Sold Mar 17, 2022
$6,800,000
$5,440,000 by Bank Of America Na
Mortgage Due Oct 01, 2037
Sold Jul 27, 2017
$850,000
$475,000 by Alexander Varum Etal
Mortgage
Local assessors in Lafayette, CA have categorized 3587 Powell Drive as a residential type of property. The home was built in 2020 and is 4 years old. It was most recently renovated and altered in 2022. The property's lot size has been calculated to be 38,940 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 11 rooms in the home. Of these, 5 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 5 full bathrooms. There are also 6 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 3587 Powell Drive has a total of 4,464 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 694 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. The property was last sold in Mar 16, 2022 for $6,800,000. That's $1,523.30 per sqft. Prior to that sales transaction, the property was also sold in Jul 17, 2017 for $850,000. 3587 Powell Drive was last assessed in 2023. The total value of the property was assessed at $6,600,000. Specifically, the land the property is located on was valued at $3,900,000. While improvements on the property were assessed at a total of $2,700,000. 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 $74,176. 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: 2020
  • Effective Year Built: 2022
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 694
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 38,940
  • Total Building Area: 4,464
  • Gross Building Area: 4,464
  • Building Area: 4,464
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,464
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAFAYETTE WOODLANDS
  • Land Acres: 0.893
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Pipeline or right-of-way
  • Legal Description 1: LAFAYETTE WOODLANDS POR LOTS 1 & 2

Ownership

  • Current Owner : FORD LAI FAMILY TRUST
  • Previous Owner : TOWARDS MODERN LIVING INC
  • Owner Before Previous Owner: GARR RAYMOND FALLON
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Lafayette Elementary School District
  • School Tax School District: ACALANES UNION
  • Census Tract: 351200

Geography

  • Parcel: 240-080-002
  • Lot: 1,2
  • Latitude: 37.878
  • Longitude: -122.123

    Address

  • Full Address: 3587 Powell Dr
  • Address - House Number: 3587
  • Address - Street Name: Powell
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Lafayette
  • Carrier Code: C016
  • 4-Digit Zip Code: 4920
  • Zip Code: 94549

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $74,176
  • Tax Rate Code Area: 14-002

    Appraisal Valuation

  • Standard Deviation: 0.2134
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 70
  • Final Value: 2,838,567
  • High Value: 3,444,496
  • Low Value: 2,232,637

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $5,440,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Oct 13, 2022
  • First Open Lien Mortgage Loan Amount: $5,440,000
  • 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: Oct 01, 2037

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $6,600,000
  • Assessed Land Value: $3,900,000
  • Assessed Improvements Value: $2,700,000

    Sales

  • Current Sale Contract Date: Mar 16, 2022
  • Current Sale Recording Date: Mar 17, 2022
  • Current Sale Transaction ID: 11882203766
  • Current Sale Price: $6,800,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 48041
  • Previous Sale Recording Date: Jul 27, 2017
  • Previous Sale Contract Date: Jul 17, 2017
  • Previous Sale Amount: $850,000
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: ALEXANDER VARUM ETAL
  • Previous Mortgage Transaction Date: Jul 27, 2017
  • Previous Mortgage Loan Amount: $475,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Lafatette Woodlands



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 3587 Powell Drive located in?
The 3587 Powell Drive is a located in the neighborhood of Lafatette Woodlands in Lafatette Woodlands, Lafayette.
What is the average sales price for listings in 3587 Powell Drive?
The average sales price for units in 3587 Powell Drive is $0 currently.

Quantcast