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383 Marich Way

383 Marich Way, Los Altos, CA 94022
Property in North Los Altos
Sold Jun 24, 2021
$3,592,000
Sold Mar 24, 2003
$709,500
383 Marich Way has been categorized by the local assessors in Los Altos, CA as a residential type of property. The building on the property was first built in 1962 and is 62 years old. The home has a total of 8 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 383 Marich Way has 1,873 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 1,120 ft and across the front of the lot is 890 ft. The area measurement of the land has been determined as 9,968 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a custom style.

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 494 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a porch and a patio. 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 B by the local assessor. In terms of heating, it is utilizing a heating system. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Jun 17, 2021 for $3,592,000. That's $1,917.78 per sqft. Prior to that sales transaction, the property was also sold in Mar 10, 2003 for $709,500. 383 Marich Way was last assessed in 2023. The total value of the property was assessed at $4,282,569. Specifically, the land the property is located on was valued at $3,550,052. While improvements on the property were assessed at a total of $732,517. 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 $44,136. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Custom
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 494
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 9,968
  • Lot Size Depth Feet: 1,120
  • Lot Size Frontage Feet: 890
  • Total Building Area: 1,873
  • Gross Building Area: 1,873
  • Building Area: 1,873
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 1,873
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SOLOMON TR
  • Land Acres: 0.229
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 2669 SOLOMON TRACT BOOK 141 PAGE 7 LOT 7

Ownership

  • Current Owner : POH CHOK
  • Current Owner 2: WANG JANET
  • Previous Owner : CROUDACE CHRISTOPHER J
  • Previous Owner 2: PON ALLISON J
  • Owner Before Previous Owner: CROUDACE CHRISTOPHER J
  • Owner Before Previous Owner 2: PON ALLISON J
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Los Altos Elementary School District
  • Census Tract: 510400

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 51-E1
  • Subdivision Tract Number: 2669
  • Parcel: 170-04-036
  • Lot: 7
  • Municipality: LOS ALTOS
  • Latitude: 37.3949
  • Longitude: -122.105

    Address

  • Full Address: 383 Marich Way
  • Address - House Number: 383
  • Address - Street Name: Marich
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Los Altos
  • Carrier Code: C003
  • 4-Digit Zip Code: 1510
  • Zip Code: 94022

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $44,136
  • Tax Rate Code Area: 11-001

    Appraisal Valuation

  • Standard Deviation: 0.1963
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 73
  • Final Value: 3,698,057
  • High Value: 4,424,278
  • Low Value: 2,971,836

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,282,569
  • Assessed Land Value: $3,550,052
  • Assessed Improvements Value: $732,517

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 17, 2021
  • Current Sale Recording Date: Jun 24, 2021
  • Current Sale Transaction ID: 11840866261
  • Current Sale Price: $3,592,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 25006331
  • Previous Sale Recording Date: Mar 24, 2003
  • Previous Sale Contract Date: Mar 10, 2003
  • Previous Sale Amount: $709,500
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: PNC BANK NA
  • First Mortgage Transaction Date: Jun 24, 2021
  • First Mortgage Loan Amount: $1,999,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

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Frequently Asked Questions

What neighborhood is 383 Marich Way located in?
The 383 Marich Way is a located in the neighborhood of North Los Altos in North Los Altos, Los Altos.
What is the average sales price for listings in 383 Marich Way?
The average sales price for units in 383 Marich Way is $0 currently.

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