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651 Palm Avenue

651 Palm Avenue, Los Altos, CA 94022
Property in Old Los Altos
Sold May 12, 2017
$2,620,000
$1,025,000 by Us Bank Na
Mortgage Due Jun 01, 2047
Sold Jul 11, 2014
$1,730,000
$1,384,000 by Wells Fargo Bank Na
Mortgage Due Aug 01, 2044
651 Palm 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 1960 and is 64 years old. The home has a total of 9 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. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 651 Palm Avenue has 1,866 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 1,320 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 6,600 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 352 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a unknown and a unknown. Love to swim? You'll be excited to find out that there is a pool on the property. 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. The roof of the building is made of wood shake/ shingles. The exterior walls of the building are made of wood siding. In terms of heating, it is utilizing a heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. The property was last sold in Apr 26, 2017 for $2,620,000. That's $1,404.07 per sqft. Prior to that sales transaction, the property was also sold in Jun 27, 2014 for $1,730,000. 651 Palm Avenue was last assessed in 2023. The total value of the property was assessed at $2,922,657. Specifically, the land the property is located on was valued at $2,565,692. While improvements on the property were assessed at a total of $356,965. 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 $34,655. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Exterior Walls Type: Wood siding
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 352
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 6,600
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,866
  • Gross Building Area: 1,866
  • Building Area: 1,866
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 1,866
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LOS ALTOS MAP 2
  • Land Acres: 0.152
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BLOCK 27 LOT 9

Ownership

  • Current Owner : LIU KAI
  • Current Owner 2: LIU JOANNA Y
  • Previous Owner : MACQUEEN MATTHEW S
  • Previous Owner 2: MACQUEEN KATHRFN C
  • Owner Before Previous Owner: BAUGUS GERALD R
  • Owner Before Previous Owner 2: BAUGUS TERRIANN M
  • 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-E4
  • Parcel: 175-17-023
  • Block: 27
  • Lot: 9
  • Municipality: LOS ALTOS
  • Latitude: 37.3717
  • Longitude: -122.113

    Address

  • Full Address: 651 Palm Ave
  • Address - House Number: 651
  • Address - Street Name: Palm
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Altos
  • Carrier Code: C051
  • 4-Digit Zip Code: 3953
  • Zip Code: 94022

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $34,655
  • Tax Rate Code Area: 11-001

    Appraisal Valuation

  • Standard Deviation: 0.1719
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 72
  • Final Value: 3,688,118
  • High Value: 4,447,336
  • Low Value: 2,928,899

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,025,000
  • First Open Lien Mortgage Lender: US BANK NA
  • First Open Lien Mortgage Recording Date: May 12, 2017
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,025,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2047

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,922,657
  • Assessed Land Value: $2,565,692
  • Assessed Improvements Value: $356,965

    Sales

  • Current Sale Contract Date: Apr 26, 2017
  • Current Sale Recording Date: May 12, 2017
  • Current Sale Transaction ID: 1811658889
  • Current Sale Price: $2,620,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 23647988
  • Previous Sale Recording Date: Jul 11, 2014
  • Previous Sale Contract Date: Jun 27, 2014
  • Previous Sale Amount: $1,730,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: US BANK NA
  • First Mortgage Transaction Date: May 12, 2017
  • First Mortgage Loan Amount: $1,025,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Jun 01, 2047

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Jul 11, 2014
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $1,384,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Aug 01, 2044

About Old Los Altos



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Frequently Asked Questions

What neighborhood is 651 Palm Avenue located in?
The 651 Palm 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 651 Palm Avenue?
The average sales price for units in 651 Palm Avenue is $0 currently.

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