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569 University Avenue

569 University Avenue, Los Altos, CA 94022
Property in Old Los Altos
Sold Mar 05, 2021
$3,775,000
$2,642,500 by Wells Fargo Bank Na
Mortgage Due Apr 01, 2051
Sold Apr 11, 2016
$3,013,000
569 University Avenue has been categorized by the local assessors in Los Altos, CA as a residential type of property. The building on the property was first built in 1967 and is 57 years old. The home has a total of 8 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 569 University Avenue has 2,063 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,340 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 6,700 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown.

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 254 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. 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. In terms of heating, it is utilizing a heating system. There is a single fireplace in the home. Perfect for those wintery nights. 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, 569 University Avenue was last sold in Feb 24, 2021 for $3,775,000. According to our calculations, that's $1,829.86 per sqft. Prior to that sales transaction, the property was sold for $3,013,000 in Apr 6, 2016. Current property owners are expected to pay $46,122 in taxes per year. The property on 569 University Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $3,927,509. To break that down further, the land itself was valued at $3,731,082. While improvements to the property were assessed at a total of $196,427. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 254
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,700
  • Lot Size Depth Feet: 1,340
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,063
  • Gross Building Area: 1,113
  • Building Area: 2,063
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 2,063
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LOS ALTOS MAP 2
  • Land Acres: 0.154
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BLOCK 18 LOT 13

Ownership

  • Current Owner : MAYON COURTNEY
  • Current Owner 2: HOMEN MICHAEL PATRICK
  • Previous Owner : HUBER DEBRA
  • Previous Owner 2: CITIBANK NA
  • Owner Before Previous Owner: HAUSER BRADLEY
  • Owner Before Previous Owner 2: HAUSER SARAH
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Los Altos Elementary School District
  • Census Tract: 510300

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 51-D4
  • Parcel: 175-15-016
  • Block: 18
  • Lot: 13
  • Municipality: LOS ALTOS
  • Latitude: 37.3729
  • Longitude: -122.117

    Address

  • Full Address: 569 University Ave
  • Address - House Number: 569
  • Address - Street Name: University
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Altos
  • Carrier Code: C069
  • 4-Digit Zip Code: 3545
  • Zip Code: 94022

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $46,122
  • Tax Rate Code Area: 11-001

    Appraisal Valuation

  • Standard Deviation: 0.1719
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 72
  • Final Value: 3,999,848
  • High Value: 4,823,238
  • Low Value: 3,176,458

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,642,500
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Mar 05, 2021
  • First Open Lien Mortgage Loan Amount: $2,642,500
  • 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: Apr 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,927,509
  • Assessed Land Value: $3,731,082
  • Assessed Improvements Value: $196,427

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 24, 2021
  • Current Sale Recording Date: Mar 05, 2021
  • Current Sale Transaction ID: 11823674342
  • Current Sale Price: $3,775,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 24861972
  • Previous Sale Recording Date: Apr 11, 2016
  • Previous Sale Contract Date: Apr 06, 2016
  • Previous Sale Amount: $3,013,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Mar 05, 2021
  • First Mortgage Loan Amount: $2,642,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2051

About Old Los Altos



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 569 University Avenue located in?
The 569 University Avenue is a located in the neighborhood of Old Los Altos in Old Los Altos, Los Altos.
What is the average sales price for listings in 569 University Avenue?
The average sales price for units in 569 University Avenue is $0 currently.

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