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542 Palo Verde Cm

542 Palo Verde Cm, Fremont, CA 94539
Sold Jun 28, 2019
$1,135,000
$800,000 by Citibank Na
Mortgage Due Apr 01, 2036
Sold May 18, 2017
$960,000
$480,000 by Googain Inc
Mortgage Due Jun 01, 2047
542 Palo Verde Cm 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 2008 and is 16 years old. The home has a total of 6 rooms. 3 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 3 stories. In addition, 542 Palo Verde Cm has 1,519 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 5,990 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo 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 excellent. 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 E- by the local assessor. 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, 542 Palo Verde Cm sold most recently in Jun 25, 2019 for a total of $1,135,000. If you work out the math, that's approximately a cost of $747.20 per sqft. Before that, the property was also sold for $960,000 in May 8, 2017. 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 $14,330 in taxes each year. 542 Palo Verde Cm was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $1,193,077. If we break it down further, the land itself was valued at $357,923. Improvements to the property, however, were assessed at a total of $835,154. 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.

Building Features

Exterior

Stucco Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Excellent
  • Building Quality: E-
  • Construction Type: Wood
  • Building Style: Condo
  • Floor Count: 3
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,990
  • Total Building Area: 1,519
  • Building Area: 1,519
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,519
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUBDIVISION 7757
  • Land Acres: 0.138
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: TR: 7757 LOT: 12 BLDG: UNIT:39

Ownership

  • Current Owner : BOYAPATI SIVA KUMAR
  • Current Owner 2: ROYAPATHI JEEVITHA
  • Previous Owner : YOON SEEHYUN
  • Previous Owner 2: JEON KIYEOUL
  • Owner Before Previous Owner: SUBRAMANIAN SRINIVAS
  • Owner Before Previous Owner 2: NATARAJAN THILAGAVATHI
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Fremont Unified School District
  • Census Tract: 441503

Geography

  • Subdivision Tract Number: 7757
  • Parcel: 519-1738-43
  • Lot: 12
  • Municipality: CITY OF FREMONT
  • Latitude: 37.4615
  • Longitude: -121.917

    Address

  • Full Address: 542 Palo Verde Cmns
  • Legal Unit: 39
  • Address - House Number: 542
  • Address - Street Name: Palo Verde
  • Address - Suffix Type: Cmns
  • State: CA
  • City Name: Fremont
  • Carrier Code: C001
  • 4-Digit Zip Code: 5881
  • Zip Code: 94539

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,330
  • Tax Rate Code Area: 12-091

    Appraisal Valuation

  • Standard Deviation: 0.2033
  • Valuation Date: Jul 12, 2023
  • Confidence Score: 72
  • Final Value: 1,257,451
  • High Value: 1,513,131
  • Low Value: 1,001,770

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $800,000
  • First Open Lien Mortgage Lender: CITIBANK NA
  • First Open Lien Mortgage Recording Date: Mar 23, 2021
  • First Open Lien Mortgage Loan Amount: $800,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2036

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,193,077
  • Assessed Land Value: $357,923
  • Assessed Improvements Value: $835,154

    Sales

  • Current Sale Contract Date: Jun 25, 2019
  • Current Sale Recording Date: Jun 28, 2019
  • Current Sale Transaction ID: 11620649774
  • Current Sale Price: $1,135,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2019124110
  • Previous Sale Recording Date: May 18, 2017
  • Previous Sale Contract Date: May 08, 2017
  • Previous Sale Amount: $960,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIBANK NA
  • First Mortgage Transaction Date: Jun 28, 2019
  • First Mortgage Loan Amount: $908,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: GOOGAIN INC
  • Previous Mortgage Transaction Date: May 18, 2017
  • Previous Mortgage Loan Amount: $480,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2047

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Frequently Asked Questions

What neighborhood is 542 Palo Verde Cm located in?
The 542 Palo Verde Cm is a house located in the neighborhood of East Industrial in East Industrial, Fremont.
What is the average sales price for listings in 542 Palo Verde Cm?
The average sales price for units in 542 Palo Verde Cm is $0 currently.

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