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465 Benvenue Avenue

465 Benvenue Avenue, Los Altos, CA 94024
Sold Jun 11, 2021
$3,900,000
$1,050,000 by Summit Mortgage Bankers Inc
Mortgage Due Jul 01, 2051
Sold Jun 30, 2010
$1,500,000
$729,750 by Wells Fargo Bank Na
Mortgage Due Jul 01, 2040
465 Benvenue Avenue in Los Altos, CA was first built in 1948 and is 76 years old. Although, the building on the property was most recently renovated and altered in 1980. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a custom style. It is a single story home. There are a total of 9 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 465 Benvenue Avenue has 2,425 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 600 ft and the linear feet between the front and back of the lot is 1,720. In total, the area measurement of the land is 10,320 square feet.

Learn more about the property and building on this page. There is a porch and a patio. For those who need parking, there is a no garage. 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 B. The condition of the building has been evaluated as average. As for heating, the home is utilizing a heating system. 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, 465 Benvenue Avenue sold most recently in Jun 7, 2021 for a total of $3,900,000. If you work out the math, that's approximately a cost of $2,136.99 per sqft. Before that, the property was also sold for $1,500,000 in Jun 25, 2010. 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 $47,637 in taxes each year. 465 Benvenue Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $4,057,560. If we break it down further, the land itself was valued at $3,693,420. Improvements to the property, however, were assessed at a total of $364,140. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1948
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • 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: None
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 10,320
  • Lot Size Depth Feet: 1,720
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,825
  • Gross Building Area: 1,505
  • Building Area: 2,425
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 2,425
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NEWILLE TR
  • Land Acres: 0.237
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TWP 06S RGE 02W SEC 29

Ownership

  • Current Owner : XU YIZHOU
  • Current Owner 2: DENG XUELING
  • Previous Owner : GOLOUBEF MICHAEL A
  • Previous Owner 2: GOLOUBEF PAULINE
  • Owner Before Previous Owner: MOHAGEG MICHAEL
  • Owner Before Previous Owner 2: MOHAGEG ANNICK
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Los Altos Elementary School District
  • Census Tract: 510200

Zoning

  • Zoning: R110

Geography

  • Assessors Map Reference: 51-F4
  • Parcel: 189-53-031
  • Municipality: LOS ALTOS
  • Latitude: 37.3758
  • Longitude: -122.103

    Address

  • Full Address: 465 Benvenue Ave
  • Address - House Number: 465
  • Address - Street Name: Benvenue
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Altos
  • Carrier Code: C004
  • 4-Digit Zip Code: 4007
  • Zip Code: 94024

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $47,637
  • Tax Rate Code Area: 11-001

    Appraisal Valuation

  • Standard Deviation: 0.2035
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 72
  • Final Value: 4,212,905
  • High Value: 5,070,275
  • Low Value: 3,355,534

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,050,000
  • First Open Lien Mortgage Lender: SUMMIT MORTGAGE BANKERS INC
  • First Open Lien Mortgage Recording Date: Jun 11, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,050,000
  • 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, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,057,560
  • Assessed Land Value: $3,693,420
  • Assessed Improvements Value: $364,140

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 07, 2021
  • Current Sale Recording Date: Jun 11, 2021
  • Current Sale Transaction ID: 11839002588
  • Current Sale Price: $3,900,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 24992969
  • Previous Sale Recording Date: Jun 30, 2010
  • Previous Sale Contract Date: Jun 25, 2010
  • Previous Sale Amount: $1,500,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: SUMMIT MORTGAGE BANKERS INC
  • First Mortgage Transaction Date: Jun 11, 2021
  • First Mortgage Loan Amount: $1,050,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Jun 30, 2010
  • Previous Mortgage Loan Amount: $729,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2040

About Central Los Altos



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Frequently Asked Questions

What neighborhood is 465 Benvenue Avenue located in?
The 465 Benvenue Avenue is a located in the neighborhood of Central Los Altos in Central Los Altos, Los Altos.
What is the average sales price for listings in 465 Benvenue Avenue?
The average sales price for units in 465 Benvenue Avenue is $0 currently.

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