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3760 Klamath Lane

3760 Klamath Lane, Palo Alto, CA 94303
Property in Palo Verde
Sold Dec 14, 2012
$955,000
$510,000 by Si Mortgage Company
Mortgage Due Feb 01, 2051
Sold Sep 26, 2008
Transfer
$640,500 by Bank Of America Na
Mortgage Due Oct 01, 2038
3760 Klamath Lane 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 2008 and is 16 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 3760 Klamath Lane has 1,300 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 2,153 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 647 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as good. 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 B by the local assessor. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. 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, 3760 Klamath Lane sold most recently in Dec 5, 2012 for a total of $955,000. If you work out the math, that's approximately a cost of $734.62 per sqft. 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 $14,129 in taxes each year. 3760 Klamath Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,130,338. If we break it down further, the land itself was valued at $565,169. Improvements to the property, however, were assessed at a total of $565,169. The property's total assessed value has been marked as more than the total market value which is pretty atypical. 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.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: 2008
  • Effective Year Built: 2008
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Wood
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 647
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 2,153
  • Total Building Area: 1,300
  • Gross Building Area: 725
  • Building Area: 1,300
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,300
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ECHELON CONDO PH 1
  • Land Acres: 0.049
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: TRACT 9799

Ownership

  • Current Owner : JAIN ADITYA
  • Current Owner 2: JAIN ANJALI
  • Previous Owner : ZHOU YONGGANG
  • Previous Owner 2: HU BAODONG
  • Owner Before Previous Owner: SUMMERHILL 1101 EAST MEADOW LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

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

Zoning

  • Zoning: LMSD

Geography

  • Subdivision Tract Number: 9799
  • Parcel: 127-70-003
  • Lot: 1
  • Municipality: PALO ALTO
  • Latitude: 37.4301
  • Longitude: -122.106

    Address

  • Full Address: 3760 Klamath Ln
  • Address - House Number: 3760
  • Address - Street Name: Klamath
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Palo Alto
  • Carrier Code: C033
  • 4-Digit Zip Code: 4261
  • Zip Code: 94303

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,129
  • Tax Rate Code Area: 06-001

    Appraisal Valuation

  • Standard Deviation: 0.1631
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 73
  • Final Value: 1,872,016
  • High Value: 2,242,150
  • Low Value: 1,501,882

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,129,780
  • First Open Lien Mortgage Lender: SI MORTGAGE COMPANY
  • First Open Lien Mortgage Recording Date: Feb 08, 2021
  • First Open Lien Mortgage Loan Amount: $510,000
  • 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: Feb 01, 2051
  • Second Open Lien Mortgage Lender: US BANK NA
  • Second Open Lien Mortgage Recording Date: Oct 08, 2021
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $619,780
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Oct 08, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,130,338
  • Assessed Land Value: $565,169
  • Assessed Improvements Value: $565,169

    Sales

  • Current Sale Contract Date: Dec 05, 2012
  • Current Sale Recording Date: Dec 14, 2012
  • Current Sale Transaction ID: 1079968919
  • Current Sale Price: $955,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 22003047
  • Previous Sale Recording Date: Sep 26, 2008
  • Previous Sale Contract Date: Sep 19, 2008
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: EVERBANK.COM
  • First Mortgage Transaction Date: Dec 14, 2012
  • First Mortgage Loan Amount: $735,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2043

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Sep 26, 2008
  • Previous Mortgage Loan Amount: $640,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Oct 01, 2038

About Palo Verde



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Frequently Asked Questions

What neighborhood is 3760 Klamath Lane located in?
The 3760 Klamath Lane is a located in the neighborhood of Palo Verde in Palo Verde, Palo Alto.
What is the average sales price for listings in 3760 Klamath Lane?
The average sales price for units in 3760 Klamath Lane is $0 currently.

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