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485 Palo Verde Drive

485 Palo Verde Drive, Sunnyvale, CA 94086
Property in Ponderosa
Sold May 04, 1999
$75,500
$193,000 by Googain Inc
Mortgage Due Jan 01, 2051
Sold Jun 13, 1997
$470,000
$300,000 by American Svg Bank
Mortgage Due Jul 01, 2027
Local assessors in Sunnyvale, CA have categorized 485 Palo Verde Drive as a residential type of property. The home was built in 1968 and is 56 years old. The property's lot size has been calculated to be 10,400 square feet. The linear feet between the front and back of the lot was measured at 1,300 ft and the front of the lot was measured at 800 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a custom style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 4 full bathrooms. There are also 4 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 485 Palo Verde Drive has a total of 2,968 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 489 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a porch and a patio so you'll have great options in both the front and back of the home. In addition, there is a both a pool and a spa on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. The building has a roof that is made of tile. Lots of stucco were used in the construction of the exterior walls of the home. The home's a heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 485 Palo Verde Drive was last sold in Apr 26, 1999 for $75,500. According to our calculations, that's $25.44 per sqft. Prior to that sales transaction, the property was sold for $470,000 in Jun 10, 1997. Current property owners are expected to pay $8,663 in taxes per year. The property on 485 Palo Verde Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $735,743. To break that down further, the land itself was valued at $331,083. While improvements to the property were assessed at a total of $404,660. 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. 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. 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: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Custom
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 489
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Porch
  • Pool Type: Pool & spa (both)

    Dimensions

  • Lot Size Square Feet: 10,400
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 800
  • Total Building Area: 2,968
  • Gross Building Area: 1,100
  • Building Area: 2,968
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 2,968
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: OAK FOREST
  • Land Acres: 0.239
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 4355 OAK FOREST BOOK 228 PAGE 5 LOT 74

Ownership

  • Current Owner : LY STEPHEN CHI VI
  • Previous Owner : LEE PHILIP M
  • Previous Owner 2: LEE TERESA T
  • Owner Before Previous Owner: DIEP HONG Q
  • Owner Before Previous Owner 2: TRAN TUYET K
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Santa Clara Unified School District
  • Census Tract: 508706

Zoning

  • Zoning: RO

Geography

  • Assessors Map Reference: 53-B5
  • Subdivision Tract Number: 4355
  • Parcel: 213-04-008
  • Lot: 74
  • Municipality: SUNNYVALE
  • Latitude: 37.3674
  • Longitude: -122.014

    Address

  • Full Address: 485 Palo Verde Dr
  • Address - House Number: 485
  • Address - Street Name: Palo Verde
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Sunnyvale
  • Carrier Code: C005
  • 4-Digit Zip Code: 6763
  • Zip Code: 94086

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,663
  • Tax Rate Code Area: 09-022

    Appraisal Valuation

  • Standard Deviation: 0.1996
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 73
  • Final Value: 2,494,299
  • High Value: 2,992,409
  • Low Value: 1,996,188

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $193,000
  • First Open Lien Mortgage Lender: GOOGAIN INC
  • First Open Lien Mortgage Recording Date: Jan 26, 2021
  • First Open Lien Mortgage Loan Amount: $193,000
  • 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: 2023
  • Assessed Total Value: $735,743
  • Assessed Land Value: $331,083
  • Assessed Improvements Value: $404,660

    Sales

  • Current Sale Contract Date: Apr 26, 1999
  • Current Sale Recording Date: May 04, 1999
  • Current Sale Transaction ID: 1005684265
  • Current Sale Price: $75,500
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 14789478
  • Previous Sale Recording Date: Jun 13, 1997
  • Previous Sale Contract Date: Jun 10, 1997
  • Previous Sale Amount: $470,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN STERLING BANK
  • First Mortgage Transaction Date: May 04, 1999
  • First Mortgage Loan Amount: $226,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Due Date: May 01, 2014

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN SVG BANK
  • Previous Mortgage Transaction Date: Jun 13, 1997
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $300,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jul 01, 2027

About Ponderosa



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Frequently Asked Questions

What neighborhood is 485 Palo Verde Drive located in?
The 485 Palo Verde Drive is a located in the neighborhood of Ponderosa in Ponderosa, Sunnyvale.
What is the average sales price for listings in 485 Palo Verde Drive?
The average sales price for units in 485 Palo Verde Drive is $0 currently.

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