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598 Ginkgo Te

598 Ginkgo Te, Fremont, CA 94539
Property in East Industrial
1 Units For Sale
Unit for sale at 598 Ginkgo Ter, Fremont, CA 94539

$1,748,000

  • Loft
  • 3 Baths
  • 2,045 ft²
598 Ginkgo Ter, Fremont, CA 94539 Listing by Faridoon Lodin

Local assessors in Fremont, CA have categorized 598 Ginkgo Te as a residential type of property. The home was built in 2009 and is 15 years old. The property's lot size has been calculated to be 14,296 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown 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, 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 4 partial bathrooms. This is a 3 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 598 Ginkgo Te has a total of 2,045 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. 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. 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, 598 Ginkgo Te sold most recently in Oct 10, 2023 for a total of $1,575,000. If you work out the math, that's approximately a cost of $770.17 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 $10,134 in taxes each year. 598 Ginkgo Te was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $824,650. If we break it down further, the land itself was valued at $164,200. Improvements to the property, however, were assessed at a total of $660,450. The property's total assessed value has been marked as more than the total market value which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.

Building Features

Exterior

Stucco Exterior

Parking

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

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220804
08/04/2022
4 Bed
3.5 Bath
2045 ft²
$1,850,000
bedrooms
4 Bed
bathrooms
3.5 Bath
square feet
2045 ft²
-
-
-
Faridoon Lodin
Alliance Bay Realty

Building Info

Overview

    General

  • Year Built: 2009
  • Effective Year Built: 2009
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Unknown
  • Floor Count: 3
  • Living Units: 114
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 14,296
  • Total Building Area: 2,045
  • Building Area: 2,045
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,045
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FREMONT
  • Land Acres: 0.328
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: TR: 7757 LOT: 15 BLDG: UNIT:28

Ownership

  • Current Owner : RAMAMURTHY AKHASH
  • Current Owner 2: RAMAMURTHY RAMESH JANANI
  • Previous Owner : SAN FRANCISCO BAY UNIVERSITY
  • Owner Before Previous Owner: ROBSON HOMES LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

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

Geography

  • Subdivision Tract Number: 7757
  • Parcel: 519-1738-161
  • Lot: 15
  • Municipality: CITY OF FREMONT
  • Latitude: 37.4613
  • Longitude: -121.918

    Address

  • Full Address: 598 Ginkgo Ter
  • Address - House Number: 598
  • Address - Street Name: Ginkgo
  • Address - Suffix Type: Ter
  • State: CA
  • City Name: Fremont
  • Carrier Code: C001
  • 4-Digit Zip Code: 8373
  • Zip Code: 94539

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,134
  • Tax Rate Code Area: 12-091

    Appraisal Valuation

  • Standard Deviation: 0.0931
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 91
  • Final Value: 1,906,017
  • High Value: 2,083,486
  • Low Value: 1,728,549

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,260,000
  • First Open Lien Mortgage Lender: BMO BANK NA
  • First Open Lien Mortgage Recording Date: Oct 24, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,260,000
  • 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, 2053

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $824,650
  • Assessed Land Value: $164,200
  • Assessed Improvements Value: $660,450

    Sales

  • Current Sale Contract Date: Oct 10, 2023
  • Current Sale Recording Date: Oct 24, 2023
  • Current Sale Transaction ID: 11917391572
  • Current Sale Price: $1,575,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 124827
  • Previous Sale Recording Date: Dec 22, 2009
  • Previous Sale Contract Date: Dec 14, 2009
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: BMO BANK NA
  • First Mortgage Transaction Date: Oct 24, 2023
  • First Mortgage Loan Amount: $1,260,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2053

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About East Industrial



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Frequently Asked Questions

What neighborhood is 598 Ginkgo Te located in?
The 598 Ginkgo Te is a located in the neighborhood of East Industrial in East Industrial, Fremont.
How many listings are currently for sale in 598 Ginkgo Te?
There is one unit for sale right now.
What is the average sales price for listings in 598 Ginkgo Te?
The average sales price for units in 598 Ginkgo Te is $1,748,000 , or $855/sqft. currently.

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