Check Availability

617 Forest Avenue

617 Forest Avenue, Palo Alto, CA 94301
Property in University South
Sold Feb 17, 2005
Transfer
$350,000 by Princeton Capital
Mortgage Due Mar 01, 2035
Sold May 02, 2000
$513,000
$375,000 by Hsbc Mtg Corp Usa
Mortgage Due May 01, 2030
617 Forest Avenue in Palo Alto, CA was first built in 1975 and is 49 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a unknown. It is a single story home. There are a total of 6 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 617 Forest Avenue has 1,149 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 1,500 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 1,500 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The roof of the home is made of asphalt and ply sheets in a built-up roof style. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a garage. The garage is 198 sqft. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood shingle. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Before that, the property was also sold for $513,000 in Apr 13, 2000. 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 $12,586 in taxes each year. 617 Forest Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $998,125. If we break it down further, the land itself was valued at $499,734. Improvements to the property, however, were assessed at a total of $498,391. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Exterior Walls Type: Wood shingle
  • Roof Cover Type: Built-up
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 198
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,500
  • Total Building Area: 1,149
  • Gross Building Area: 1,149
  • Building Area: 1,149
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,149
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: FOREST VILLA
  • Land Acres: 0.034
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: TRACT 5605 FOREST VILLA BOOK 353 PAGE 26 PAGE 30

Ownership

  • Current Owner : HOFNER TANJA C
  • Previous Owner : GOMEZ QUINTIN J
  • Previous Owner 2: CORCORAN CAROL E
  • Owner Before Previous Owner: HENSLEY BARBARA J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Palo Alto Unified School District
  • Census Tract: 511302

Zoning

  • Zoning: RM3

Geography

  • Assessors Map Reference: 38-A6
  • Subdivision Tract Number: 5605
  • Parcel: 120-43-009
  • Municipality: PALO ALTO
  • Latitude: 37.4483
  • Longitude: -122.155

    Address

  • Full Address: 617 Forest Ave
  • Address - House Number: 617
  • Address - Street Name: Forest
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Palo Alto
  • Carrier Code: C028
  • 4-Digit Zip Code: 2625
  • Zip Code: 94301

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,586
  • Tax Rate Code Area: 06-001

    Appraisal Valuation

  • Standard Deviation: 0.1542
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 1,323,126
  • High Value: 1,567,241
  • Low Value: 1,079,010

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $350,000
  • First Open Lien Mortgage Lender: PRINCETON CAPITAL
  • First Open Lien Mortgage Recording Date: Feb 17, 2005
  • First Open Lien Mortgage Loan Amount: $350,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2035

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $998,125
  • Assessed Land Value: $499,734
  • Assessed Improvements Value: $498,391

    Sales

  • Current Sale Contract Date: Feb 11, 2005
  • Current Sale Recording Date: Feb 17, 2005
  • Current Sale Transaction ID: 1047707671
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 18236391
  • Previous Sale Recording Date: May 02, 2000
  • Previous Sale Contract Date: Apr 13, 2000
  • Previous Sale Amount: $513,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: PRINCETON CAPITAL
  • First Mortgage Transaction Date: Feb 17, 2005
  • First Mortgage Loan Amount: $350,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Mar 01, 2035

    Previous Mortgages

  • Previous Mortgage Lender: HSBC MTG CORP USA
  • Previous Mortgage Transaction Date: May 02, 2000
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $375,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: May 01, 2030

About University South



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 617 Forest Avenue located in?
The 617 Forest Avenue is a located in the neighborhood of University South in University South, Palo Alto.
What is the average sales price for listings in 617 Forest Avenue?
The average sales price for units in 617 Forest Avenue is $0 currently.

Nearby Counties
Quantcast