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549 Arboleda Drive

549 Arboleda Drive, Los Altos, CA 94024
Sold Oct 25, 2016
$2,475,000
$1,400,000 by Citibank Na
Mortgage Due Nov 01, 2046
Local assessors in Los Altos, CA have categorized 549 Arboleda Drive as a residential type of property. The home was built in 1951 and is 73 years old. It was most recently renovated and altered in 2020. The property's lot size has been calculated to be 10,234 square feet. The linear feet between the front and back of the lot was measured at 1,190 ft and the front of the lot was measured at 860 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 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 3 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 549 Arboleda Drive has a total of 2,992 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. 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 410 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 unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. 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 home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 549 Arboleda Drive sold most recently in Oct 20, 2016 for a total of $2,475,000. If you work out the math, that's approximately a cost of $827.21 per sqft. 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 $43,661 in taxes each year. 549 Arboleda Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $3,795,827. If we break it down further, the land itself was valued at $2,621,468. Improvements to the property, however, were assessed at a total of $1,174,359. 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: 1951
  • Effective Year Built: 2020
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 410
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,234
  • Lot Size Depth Feet: 1,190
  • Lot Size Frontage Feet: 860
  • Total Building Area: 2,992
  • Gross Building Area: 2,992
  • Building Area: 2,992
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,992
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RANCHO DEL NIDO SUB
  • Land Acres: 0.235
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 704 RANCHO DEL NIDO SUBD BOOK 26 PAGE 42 LOT 17

Ownership

  • Current Owner : CHEN PEIYING
  • Current Owner 2: CHEN DIANA
  • Previous Owner : ROSSOW RUTH E
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: R110

Geography

  • Assessors Map Reference: 51-F4
  • Subdivision Tract Number: 704
  • Parcel: 189-39-018
  • Lot: 17
  • Municipality: LOS ALTOS
  • Latitude: 37.3731
  • Longitude: -122.101

    Address

  • Full Address: 549 Arboleda Dr
  • Address - House Number: 549
  • Address - Street Name: Arboleda
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Los Altos
  • Carrier Code: C010
  • 4-Digit Zip Code: 4113
  • Zip Code: 94024

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $43,661
  • Tax Rate Code Area: 11-001

    Appraisal Valuation

  • Standard Deviation: 0.2002
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 73
  • Final Value: 4,825,846
  • High Value: 5,784,135
  • Low Value: 3,867,557

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,400,000
  • First Open Lien Mortgage Lender: CITIBANK NA
  • First Open Lien Mortgage Recording Date: Oct 25, 2016
  • First Open Lien Mortgage Loan Amount: $1,400,000
  • 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: Nov 01, 2046

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,795,827
  • Assessed Land Value: $2,621,468
  • Assessed Improvements Value: $1,174,359

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 20, 2016
  • Current Sale Recording Date: Oct 25, 2016
  • Current Sale Transaction ID: 1833187018
  • Current Sale Price: $2,475,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 23476697

    Last Sale Mortgage

  • First Mortgage Lender: CITIBANK NA
  • First Mortgage Transaction Date: Oct 25, 2016
  • First Mortgage Loan Amount: $1,400,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2046

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Frequently Asked Questions

What neighborhood is 549 Arboleda Drive located in?
The 549 Arboleda Drive 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 549 Arboleda Drive?
The average sales price for units in 549 Arboleda Drive is $0 currently.

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