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42419 Areca Palm Street

42419 Areca Palm Street, Fremont, CA 94539
Property in Mission Valley
Sold Dec 24, 2020
$2,720,000
$2,040,000 by Wells Fargo Bank Na
Mortgage Due Jan 01, 2051
42419 Areca Palm Street 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 2020 and is 4 years old. The home has a total of 6 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 4 full bathrooms. There are 5 partial bathrooms in the home. The building has a total of 2 stories. In addition, 42419 Areca Palm Street has 4,038 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 6,000 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. According to our sources, there are a total of 2 available parking spaces. 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. 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, 42419 Areca Palm Street was last sold in Nov 23, 2020 for $2,720,000. According to our calculations, that's $673.60 per sqft. Current property owners are expected to pay $31,127 in taxes per year. The property on 42419 Areca Palm Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $2,674,172. To break that down further, the land itself was valued at $832,320. While improvements to the property were assessed at a total of $1,848,852. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Custom
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,000
  • Total Building Area: 4,038
  • Building Area: 4,038
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,038
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRACT 8314
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT: 00002 BLK: TR: 8314

Ownership

  • Current Owner : YU DAN
  • Current Owner 2: WU TONG
  • Previous Owner : TRI POINTE HOMES INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Fremont Unified School District
  • Census Tract: 443102

Geography

  • Subdivision Tract Number: 8314
  • Parcel: 513-757-8
  • Municipality: CITY OF FREMONT
  • Latitude: 37.5383
  • Longitude: -121.931

    Address

  • Full Address: 42419 Areca Palm St
  • Address - House Number: 42419
  • Address - Street Name: Areca Palm
  • Address - Suffix Type: St
  • State: CA
  • City Name: Fremont
  • Carrier Code: C091
  • 4-Digit Zip Code: 5369
  • Zip Code: 94539

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $31,127
  • Tax Rate Code Area: 12-232

    Appraisal Valuation

  • Standard Deviation: 0.2224
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 69
  • Final Value: 2,131,460
  • High Value: 2,605,658
  • Low Value: 1,657,263

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,040,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Dec 24, 2020
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $2,040,000
  • 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: Jan 01, 2051

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $2,674,172
  • Assessed Land Value: $832,320
  • Assessed Improvements Value: $1,848,852

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 23, 2020
  • Current Sale Recording Date: Dec 24, 2020
  • Current Sale Transaction ID: 11820233487
  • Current Sale Price: $2,720,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2020363782

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 42419 Areca Palm Street located in?
The 42419 Areca Palm Street is a located in the neighborhood of Mission Valley in Mission San Jose, Fremont.
What is the average sales price for listings in 42419 Areca Palm Street?
The average sales price for units in 42419 Areca Palm Street is $0 currently.

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