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496 Norwood Circle

496 Norwood Circle, Santa Clara, CA 95051
Property in Santa Clara
Sold Aug 27, 2013
$1,128,000
$880,000 by Florida Capital Bank Na
Mortgage Due Jan 01, 2052
Sold Sep 25, 2008
$1,115,000
$892,000 by Wells Fargo Bank Na
Mortgage Due Oct 01, 2038
496 Norwood Circle has been categorized by the local assessors in Santa Clara, CA as a residential type of property. The building on the property was first built in 2007 and is 17 years old. The home has a total of 7 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 496 Norwood Circle has 2,104 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 2,684 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. The garage measured 401 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a porch and a patio. 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. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. 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, 496 Norwood Circle sold most recently in Aug 23, 2013 for a total of $1,128,000. If you work out the math, that's approximately a cost of $536.12 per sqft. Before that, the property was also sold for $1,115,000 in Sep 4, 2008. 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 $15,572 in taxes each year. 496 Norwood Circle was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,329,073. If we break it down further, the land itself was valued at $996,807. Improvements to the property, however, were assessed at a total of $332,266. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Wood
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 401
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 2,684
  • Total Building Area: 2,104
  • Gross Building Area: 831
  • Building Area: 2,104
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,104
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 9718
  • Land Acres: 0.062
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 9718 BOOK 799 PAGE 48 PAGE 50 LOT 35

Ownership

  • Current Owner : ZHOU NING
  • Current Owner 2: TANG XIAOJUN
  • Previous Owner : CHEUK WINSTON
  • Previous Owner 2: CHIOU LILIANA
  • Owner Before Previous Owner: CHATELAINE SANTA CLARA LP
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Cupertino Union Elementary School District
  • Census Tract: 508102

Zoning

  • Zoning: R1

Geography

  • Subdivision Tract Number: 9718
  • Parcel: 316-50-035
  • Lot: 35
  • Municipality: SANTA CLARA
  • Latitude: 37.3309
  • Longitude: -121.997

    Address

  • Full Address: 496 Norwood Cir
  • Address - House Number: 496
  • Address - Street Name: Norwood
  • Address - Suffix Type: Cir
  • State: CA
  • City Name: Santa Clara
  • Carrier Code: C043
  • 4-Digit Zip Code: 5962
  • Zip Code: 95051

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $15,572
  • Tax Rate Code Area: 07-006

    Appraisal Valuation

  • Standard Deviation: 0.2019
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 72
  • Final Value: 2,288,186
  • High Value: 2,750,362
  • Low Value: 1,826,009

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $880,000
  • First Open Lien Mortgage Lender: FLORIDA CAPITAL BANK NA
  • First Open Lien Mortgage Recording Date: Dec 08, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $880,000
  • 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, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,329,073
  • Assessed Land Value: $996,807
  • Assessed Improvements Value: $332,266

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 23, 2013
  • Current Sale Recording Date: Aug 27, 2013
  • Current Sale Transaction ID: 1053965387
  • Current Sale Price: $1,128,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 22365125
  • Previous Sale Recording Date: Sep 25, 2008
  • Previous Sale Contract Date: Sep 04, 2008
  • Previous Sale Amount: $1,115,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Aug 27, 2013
  • First Mortgage Loan Amount: $902,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Sep 01, 2043

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Sep 25, 2008
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $892,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Oct 01, 2038

About Santa Clara



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Frequently Asked Questions

What neighborhood is 496 Norwood Circle located in?
The 496 Norwood Circle is a located in the neighborhood of Santa Clara in Santa Clara, Santa Clara.
What is the average sales price for listings in 496 Norwood Circle?
The average sales price for units in 496 Norwood Circle is $0 currently.

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