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553 Banyan Circle

553 Banyan Circle, Walnut Creek, CA 94598
Property in Woodlands
Sold Aug 19, 2011
$536,500
$493,000 by Quicken Loans Llc
Mortgage Due Dec 01, 2040
Sold May 07, 2002
$581,000
$464,800 by Marina Mtg Co
Mortgage Due May 01, 2032
Local assessors in Walnut Creek, CA have categorized 553 Banyan Circle as a residential type of property. The home was built in 1973 and is 51 years old. The property's lot size has been calculated to be 10,800 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 10 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 2 full bathrooms. There are also 2 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 553 Banyan Circle has a total of 1,968 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 attached garage for those who need a place to park their vehicle. The garage on the property is 420 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 a unknown so you'll have a great option in the back of the home. In addition, there is a pool 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 good. 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 - C. The building has a roof that is made of wood shake/ shingles. Lots of stucco were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a forced air unit 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. 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, 553 Banyan Circle sold most recently in Aug 12, 2011 for a total of $536,500. If you work out the math, that's approximately a cost of $272.61 per sqft. Before that, the property was also sold for $581,000 in Apr 22, 2002. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $7,918 in taxes each year. 553 Banyan Circle was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $647,698. If we break it down further, the land itself was valued at $473,493. Improvements to the property, however, were assessed at a total of $174,205. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 10,800
  • Total Building Area: 1,968
  • Gross Building Area: 1,968
  • Building Area: 1,968
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,968
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SUBDIVISION 4215
  • Land Acres: 0.248
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Pipeline or right-of-way
  • Legal Description 1: TRACT 4215 LOT 20

Ownership

  • Current Owner : EVANS JASON C
  • Current Owner 2: WATSON ERIN
  • Previous Owner : FOLEY ARLETTE Q
  • Previous Owner 2: FOLEY ROBERT J
  • Owner Before Previous Owner: RIDGE ROBERT H
  • Owner Before Previous Owner 2: RIDGE KATHLEEN S
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Mount Diablo Unified School District
  • School Tax School District: MT. DIABLO UNIF
  • Census Tract: 337300

Zoning

  • Zoning: R85

Geography

  • Subdivision Tract Number: 4215
  • Parcel: 134-421-020
  • Lot: 20
  • Latitude: 37.9307
  • Longitude: -122.017

    Address

  • Full Address: 553 Banyan Cir
  • Address - House Number: 553
  • Address - Street Name: Banyan
  • Address - Suffix Type: Cir
  • State: CA
  • City Name: Walnut Creek
  • Carrier Code: C031
  • 4-Digit Zip Code: 2501
  • Zip Code: 94598

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,918
  • Tax Rate Code Area: 09-008

    Appraisal Valuation

  • Standard Deviation: 0.1855
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 75
  • Final Value: 1,362,483
  • High Value: 1,615,259
  • Low Value: 1,109,708

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $493,000
  • First Open Lien Mortgage Lender: QUICKEN LOANS LLC
  • First Open Lien Mortgage Recording Date: Nov 25, 2020
  • First Open Lien Mortgage Loan Amount: $493,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2040

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $647,698
  • Assessed Land Value: $473,493
  • Assessed Improvements Value: $174,205

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 12, 2011
  • Current Sale Recording Date: Aug 19, 2011
  • Current Sale Transaction ID: 1032402749
  • Current Sale Price: $536,500
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2011-169580
  • Previous Sale Recording Date: May 07, 2002
  • Previous Sale Contract Date: Apr 22, 2002
  • Previous Sale Amount: $581,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Aug 19, 2011
  • First Mortgage Loan Amount: $522,899
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2041

    Previous Mortgages

  • Previous Mortgage Lender: MARINA MTG CO
  • Previous Mortgage Transaction Date: May 07, 2002
  • Previous Mortgage Loan Amount: $464,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: May 01, 2032

About Woodlands



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Frequently Asked Questions

What neighborhood is 553 Banyan Circle located in?
The 553 Banyan Circle is a located in the neighborhood of Woodlands in Woodlands, Walnut Creek.
What is the average sales price for listings in 553 Banyan Circle?
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