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711 Moreno Avenue

711 Moreno Avenue, Palo Alto, CA 94303
Sold Mar 27, 2018
$2,818,000
$1,832,000 by Jpmorgan Chase Bank Na
Mortgage Due Feb 01, 2052
711 Moreno Avenue has been categorized by the local assessors in Palo Alto, CA as a residential type of property. The building on the property was first built in 2021 and is 3 years old. The home has a total of 18 rooms. 8 of these rooms are legally considered as bedrooms. Residents will have access to 5 full bathrooms. There are 6 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, 711 Moreno Avenue has 5,489 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 1,450 ft and across the front of the lot is 550 ft. The area measurement of the land has been determined as 7,975 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 288 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 good. 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 inside of the home is being cooled with no air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with nothing. There is a single fireplace in the home. Perfect for those wintery 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. According to our sources, 711 Moreno Avenue sold most recently in Mar 7, 2018 for a total of $2,818,000. If you work out the math, that's approximately a cost of $513.39 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 $69,333 in taxes each year. 711 Moreno Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $5,929,825. If we break it down further, the land itself was valued at $3,007,525. Improvements to the property, however, were assessed at a total of $2,922,300. 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: 2021
  • Effective Year Built: 2021
  • Building Count: 1
  • Total Rooms: 18
  • Bedroom Count: 8
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 2,756
  • Garage Type: Garage
  • Garage Square Area: 288
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,975
  • Lot Size Depth Feet: 1,450
  • Lot Size Frontage Feet: 550
  • Total Building Area: 5,489
  • Gross Building Area: 5,489
  • Building Area: 5,489
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 5,489
  • Heating Fuel Type: None

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MIDDLEFIELD PARK
  • Land Acres: 0.183
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 364 MIDDLEFIELD PARK BOOK 12 PAGE 30 PAGE 31 BLOCK 219 LOT 12

Ownership

  • Current Owner : QI XIN
  • Current Owner 2: WANG RUIJIE
  • Previous Owner : WILLIAMS STEPHEN R
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Palo Alto Unified School District
  • Census Tract: 511000

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 44-C2
  • Subdivision Tract Number: 364
  • Parcel: 127-32-042
  • Block: 219
  • Lot: 12
  • Municipality: PALO ALTO
  • Latitude: 37.4348
  • Longitude: -122.131

    Address

  • Full Address: 711 Moreno Ave
  • Address - House Number: 711
  • Address - Street Name: Moreno
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Palo Alto
  • Carrier Code: C061
  • 4-Digit Zip Code: 3618
  • Zip Code: 94303

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $69,333
  • Tax Rate Code Area: 06-001

    Appraisal Valuation

  • Standard Deviation: 0.2161
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 70
  • Final Value: 3,272,600
  • High Value: 3,979,930
  • Low Value: 2,565,271

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,832,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Jan 12, 2022
  • First Open Lien Mortgage Loan Amount: $1,832,000
  • 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: Feb 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,929,825
  • Assessed Land Value: $3,007,525
  • Assessed Improvements Value: $2,922,300

    Sales

  • Current Sale Contract Date: Mar 07, 2018
  • Current Sale Recording Date: Mar 27, 2018
  • Current Sale Transaction ID: 11438743564
  • Current Sale Price: $2,818,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 23895854

    Last Sale Mortgage

  • First Mortgage Lender: HSBC BANK USA
  • First Mortgage Transaction Date: Mar 27, 2018
  • First Mortgage Loan Amount: $1,972,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Apr 01, 2048

    Financing

  • First Mortgage Financing Type: Adjustable Rate

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Frequently Asked Questions

What neighborhood is 711 Moreno Avenue located in?
The 711 Moreno Avenue is a located in the neighborhood of Midtown Palo Alto in Midtown Palo Alto, Palo Alto.
What is the average sales price for listings in 711 Moreno Avenue?
The average sales price for units in 711 Moreno Avenue is $0 currently.

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