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4079 2nd Street

4079 2nd Street, Palo Alto, CA 94306
Property in Ventura
Sold Dec 30, 2005
$909,000
$184,096 by Us Bank Na
Mortgage Due Sep 01, 2038
4079 2nd Street in Palo Alto, CA was first built in 1952 and is 72 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a unknown. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 4079 2nd Street has 1,422 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 5,000 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. For those who need parking, there is a garage. The garage is 396 sqft. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with no air conditioning. As for heating, the home is utilizing no heating system and being fueled with nothing. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter 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, 4079 2nd Street sold most recently in Dec 22, 2005 for a total of $909,000. If you work out the math, that's approximately a cost of $639.24 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 $15,301 in taxes each year. 4079 2nd Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,234,372. If we break it down further, the land itself was valued at $596,986. Improvements to the property, however, were assessed at a total of $637,386. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 396
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,422
  • Gross Building Area: 1,050
  • Building Area: 1,422
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: None
  • Heated Square Feet: 1,422
  • Heating Fuel Type: None

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WALNUT GARDENS
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 947 WALNUT GARDENS BOOK 34 PAGE 55 LOT 36

Ownership

  • Current Owner : KIM KENNY C
  • Current Owner 2: KIM EUGENIE P
  • Previous Owner : WALTON JAMES H
  • Previous Owner 2: WALTON JOAN D
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Palo Alto Unified School District
  • Census Tract: 510700

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 44-D4
  • Subdivision Tract Number: 947
  • Parcel: 132-43-037
  • Lot: 36
  • Municipality: PALO ALTO
  • Latitude: 37.417
  • Longitude: -122.124

    Address

  • Full Address: 4079 2nd St
  • Address - House Number: 4079
  • Address - Street Name: 2nd
  • Address - Suffix Type: St
  • State: CA
  • City Name: Palo Alto
  • Carrier Code: C050
  • 4-Digit Zip Code: 3311
  • Zip Code: 94306

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $15,301
  • Tax Rate Code Area: 06-001

    Appraisal Valuation

  • Standard Deviation: 0.2026
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 71
  • Final Value: 2,817,599
  • High Value: 3,407,435
  • Low Value: 2,227,762

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $1,714,096
  • First Open Lien Mortgage Lender: US BANK NA
  • First Open Lien Mortgage Recording Date: Oct 24, 2013
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $184,096
  • First Open Lien Mortgage Term: 298
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2038
  • Second Open Lien Mortgage Lender: CRESTLINE FUNDING CORPORATION
  • Second Open Lien Mortgage Recording Date: Mar 21, 2023
  • Second Open Lien Mortgage Loan Amount: $1,230,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Apr 01, 2053
  • Third Open Lien Mortgage Lender: SAN MATEO CREDIT UNION
  • Third Open Lien Mortgage Recording Date: Nov 28, 2023
  • Third Open Lien Mortgage Loan Amount: $300,000
  • Third Open Lien Mortgage Term: 299
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Third Open Lien Mortgage Loan Due Date: Nov 01, 2048

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,234,372
  • Assessed Land Value: $596,986
  • Assessed Improvements Value: $637,386

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 22, 2005
  • Current Sale Recording Date: Dec 30, 2005
  • Current Sale Transaction ID: 1053526946
  • Current Sale Price: $909,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 18751689

    Last Sale Mortgage

  • First Mortgage Lender: FIRST FINANCIAL LENDER
  • First Mortgage Transaction Date: Dec 30, 2005
  • First Mortgage Loan Amount: $727,200
  • First Mortgage Terms: 360
  • First 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.)
  • First Mortgage Loan Due Date: Jan 01, 2036
  • Second Mortgage Lender: FIRST FINANCIAL LENDER
  • Second Mortgage Transaction Date: Dec 30, 2005
  • Second Mortgage Loan Amount: $136,350
  • Second Mortgage Terms: 180
  • Second Mortgage Loan Type: Stand Alone Second
  • Second Mortgage Loan Due Date: Jan 01, 2021

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Ventura



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$1,900 /mo

  • 1 Bed
  • 1 Bath
Unit for rent at

$850 /mo

  • 1 Bed
  • 1 Bath
  • 600 ft²
Listing by Christopher G. Raad

Frequently Asked Questions

What neighborhood is 4079 2nd Street located in?
The 4079 2nd Street is a located in the neighborhood of Ventura in Ventura, Palo Alto.
What is the average sales price for listings in 4079 2nd Street?
The average sales price for units in 4079 2nd Street is $0 currently.

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