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3950 Duncan Place

3950 Duncan Place, Palo Alto, CA 94306
Property in Greenmeadow
Sold Jul 31, 2020
$2,420,000
$1,866,700 by Us Bank Na
Mortgage Due Aug 01, 2050
3950 Duncan Place 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 1953 and is 71 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 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, 3950 Duncan Place has 1,430 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 1,100 ft and across the front of the lot is 700 ft. The area measurement of the land has been determined as 7,700 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 396 sqft. According to our sources, there is one available parking space. 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 C by the local assessor. The inside of the home is being cooled with no air conditioning at the moment. In terms of heating, it is utilizing no heating system and being fueled with nothing. There is a single fireplace in the home. Perfect for those wintery nights. 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, 3950 Duncan Place sold most recently in Jul 20, 2020 for a total of $2,420,000. If you work out the math, that's approximately a cost of $1,692.31 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 $30,280 in taxes each year. 3950 Duncan Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $2,517,768. If we break it down further, the land itself was valued at $2,080,800. Improvements to the property, however, were assessed at a total of $436,968. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • 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: 396
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 7,700
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,430
  • Gross Building Area: 1,430
  • Building Area: 1,430
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: None
  • Heated Square Feet: 1,430
  • Heating Fuel Type: None

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MEADOWS
  • Land Acres: 0.177
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 1128 MEADOWS BOOK 41 PAGE 56 BLOCK 2 LOT 14

Ownership

  • Current Owner : LEE CHUN WEI
  • Previous Owner : JOHN ANN COLLINS
  • Previous Owner 2: COLLINS FAMILY TRUST
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Palo Alto Unified School District
  • Census Tract: 510802

Zoning

  • Zoning: R1B7

Geography

  • Assessors Map Reference: 44-E4
  • Subdivision Tract Number: 1128
  • Parcel: 147-19-033
  • Block: 2
  • Lot: 14
  • Municipality: PALO ALTO
  • Latitude: 37.4165
  • Longitude: -122.113

    Address

  • Full Address: 3950 Duncan Pl
  • Address - House Number: 3950
  • Address - Street Name: Duncan
  • Address - Suffix Type: Pl
  • State: CA
  • City Name: Palo Alto
  • Carrier Code: C069
  • 4-Digit Zip Code: 4550
  • Zip Code: 94306

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $30,280
  • Tax Rate Code Area: 06-001

    Appraisal Valuation

  • Standard Deviation: 0.2032
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 72
  • Final Value: 2,969,047
  • High Value: 3,572,582
  • Low Value: 2,365,511

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,866,700
  • First Open Lien Mortgage Lender: US BANK NA
  • First Open Lien Mortgage Recording Date: Jul 31, 2020
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,866,700
  • 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: Aug 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,517,768
  • Assessed Land Value: $2,080,800
  • Assessed Improvements Value: $436,968

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 20, 2020
  • Current Sale Recording Date: Jul 31, 2020
  • Current Sale Transaction ID: 11775911312
  • Current Sale Price: $2,420,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 24560234

    Last Sale Mortgage

  • First Mortgage Lender: US BANK NA
  • First Mortgage Transaction Date: Jul 31, 2020
  • First Mortgage Loan Amount: $1,866,700
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2050

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Greenmeadow



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Frequently Asked Questions

What neighborhood is 3950 Duncan Place located in?
The 3950 Duncan Place is a located in the neighborhood of Greenmeadow in Greenmeadow, Palo Alto.
What is the average sales price for listings in 3950 Duncan Place?
The average sales price for units in 3950 Duncan Place is $0 currently.

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