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5740 Butano Park Drive

5740 Butano Park Drive, Fremont, CA 94538
Property in Blacow
Sold Dec 23, 2020
$1,300,000
$1,105,000 by Citibank Na
Mortgage Due Jan 01, 2051
Sold May 04, 2017
$735,000
$551,250 by Googain Inc
Mortgage Due Jun 01, 2047
Local assessors in Fremont, CA have categorized 5740 Butano Park Drive as a residential type of property. The home was built in 1963 and is 61 years old. It was most recently renovated and altered in 1980. The property's lot size has been calculated to be 5,700 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a custom style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 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 5740 Butano Park Drive has a total of 1,558 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. There are 2 available parking spaces so it's a great situation for those with more than one car. 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 - C. The property was last sold in Dec 11, 2020 for $1,300,000. That's $834.40 per sqft. Prior to that sales transaction, the property was also sold in Apr 18, 2017 for $735,000. 5740 Butano Park Drive was last assessed in 2022. The total value of the property was assessed at $1,326,000. Specifically, the land the property is located on was valued at $428,400. While improvements on the property were assessed at a total of $897,600. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $15,844. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Custom
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,700
  • Total Building Area: 1,558
  • Building Area: 1,558
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,558
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 2366 SUNDALE MANOR UN 10
  • Land Acres: 0.131
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential income (general) (multi-family)
  • Legal Description 1: LOT: 00041 BLK: 0002 TR: 2366

Ownership

  • Current Owner : PRASAD VIVEK
  • Current Owner 2: MURTHY PRIYANKA
  • Previous Owner : PARK BUM
  • Previous Owner 2: KIM BOBIN
  • Owner Before Previous Owner: THE HARDGRAVE FAMILY TRUST
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Fremont Unified School District
  • Census Tract: 442900

Geography

  • Assessors Map Reference: 107-E3
  • Subdivision Tract Number: 2366
  • Parcel: 531-214-58
  • Lot: 41
  • Municipality: CITY OF FREMONT
  • Latitude: 37.5138
  • Longitude: -121.973

    Address

  • Full Address: 5740 Butano Park Dr
  • Address - House Number: 5740
  • Address - Street Name: Butano Park
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Fremont
  • Carrier Code: C022
  • 4-Digit Zip Code: 3906
  • Zip Code: 94538

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $15,844
  • Tax Rate Code Area: 12-047

    Appraisal Valuation

  • Standard Deviation: 0.1992
  • Valuation Date: Jul 12, 2023
  • Confidence Score: 73
  • Final Value: 1,557,971
  • High Value: 1,868,320
  • Low Value: 1,247,621

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,105,000
  • First Open Lien Mortgage Lender: CITIBANK NA
  • First Open Lien Mortgage Recording Date: Dec 23, 2020
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,105,000
  • 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, 2051

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,326,000
  • Assessed Land Value: $428,400
  • Assessed Improvements Value: $897,600

    Sales

  • Current Sale Contract Date: Dec 11, 2020
  • Current Sale Recording Date: Dec 23, 2020
  • Current Sale Transaction ID: 11818625734
  • Current Sale Price: $1,300,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2020361295
  • Previous Sale Recording Date: May 04, 2017
  • Previous Sale Contract Date: Apr 18, 2017
  • Previous Sale Amount: $735,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIBANK NA
  • First Mortgage Transaction Date: Dec 23, 2020
  • First Mortgage Loan Amount: $1,105,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: GOOGAIN INC
  • Previous Mortgage Transaction Date: May 04, 2017
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $551,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Jun 01, 2047

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Frequently Asked Questions

What neighborhood is 5740 Butano Park Drive located in?
The 5740 Butano Park Drive is a located in the neighborhood of Blacow in Irvington, Fremont.
What is the average sales price for listings in 5740 Butano Park Drive?
The average sales price for units in 5740 Butano Park Drive is $0 currently.

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