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40898 Abuelo Way

40898 Abuelo Way, Fremont, CA 94539
Sold Jun 20, 2019
$2,510,000
$2,000,000 by Wells Fargo Bank Na
Mortgage Due Jul 01, 2049
40898 Abuelo Way has been categorized by the local assessors in Fremont, CA as a residential type of property. The building on the property was first built in 1990 and is 34 years old. However, we must point out that the home was most recently renovated and altered in 1999. The home has a total of 9 rooms. 5 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, 40898 Abuelo Way has 3,735 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 10,781 square feet.

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. According to our sources, there are a total of 3 available parking spaces. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 40898 Abuelo Way was last sold in Jun 11, 2019 for $2,510,000. According to our calculations, that's $672.02 per sqft. Current property owners are expected to pay $30,787 in taxes per year. The property on 40898 Abuelo Way was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $2,631,436. To break that down further, the land itself was valued at $791,531. While improvements to the property were assessed at a total of $1,846,905. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Stucco Exterior

Parking

Attached Garage
Detached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: B
  • Construction Type: Wood
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 10,781
  • Total Building Area: 3,735
  • Building Area: 3,735
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,735
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRACT 5714
  • Land Acres: 0.248
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential income (general) (multi-family)
  • Legal Description 1: LOT: 00036 BLK: TR: 5714

Ownership

  • Current Owner : SUBEDAR JAIDEEP R
  • Current Owner 2: SUBEDAR SIBRINA S
  • Previous Owner : KING LEE WAI MUN
  • Previous Owner 2: KING LEE SUK
  • Is Owner Occupied: Owner-occupied property
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Fremont Unified School District
  • Census Tract: 442000

Geography

  • Assessors Map Reference: 91-C3
  • Subdivision Tract Number: 5714
  • Parcel: 525-1659-45
  • Lot: 36
  • Municipality: CITY OF FREMONT
  • Latitude: 37.5524
  • Longitude: -121.941

    Address

  • Full Address: 40898 Abuelo Way
  • Address - House Number: 40898
  • Address - Street Name: Abuelo
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Fremont
  • Carrier Code: C011
  • 4-Digit Zip Code: 3822
  • Zip Code: 94539

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $30,787
  • Tax Rate Code Area: 12-053

    Appraisal Valuation

  • Standard Deviation: 0.2003
  • Valuation Date: Jul 12, 2023
  • Confidence Score: 73
  • Final Value: 2,859,575
  • High Value: 3,432,558
  • Low Value: 2,286,592

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,000,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Jun 20, 2019
  • First Open Lien Mortgage Loan Amount: $2,000,000
  • 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: Jul 01, 2049

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $2,631,436
  • Assessed Land Value: $791,531
  • Assessed Improvements Value: $1,846,905

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 11, 2019
  • Current Sale Recording Date: Jun 20, 2019
  • Current Sale Transaction ID: 11618697803
  • Current Sale Price: $2,510,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2019117328

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jun 20, 2019
  • First Mortgage Loan Amount: $2,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2049

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 40898 Abuelo Way located in?
The 40898 Abuelo Way is a house located in the neighborhood of Kimber-Gomes in Mission San Jose, Fremont.
What is the average sales price for listings in 40898 Abuelo Way?
The average sales price for units in 40898 Abuelo Way is $2,699,000 , or $723/sqft. currently.

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