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719 Florales Drive

719 Florales Drive, Palo Alto, CA 94306
Property in Barron Park
Sold Sep 07, 2016
$2,889,000
$1,733,232 by Wells Fargo Bank Na
Mortgage Due Oct 01, 2046
Sold Jul 16, 2009
Transfer
$1,200,000 by Citimortgage Inc
Mortgage Due Aug 01, 2039
Local assessors in Palo Alto, CA have categorized 719 Florales Drive as a residential type of property. The home was built in 1948 and is 76 years old. It was most recently renovated and altered in 1965. The property's lot size has been calculated to be 8,910 square feet. The linear feet between the front and back of the lot was measured at 1,350 ft and the front of the lot was measured at 660 ft. 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 8 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 2 full bathrooms. There are also 2 partial bathrooms. This is a 2 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 719 Florales Drive has a total of 1,959 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. The garage on the property is 441 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a porch and a patio so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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. Residents rely on no air conditioning for their cooling system. The home's a heating system is the primary heating source and it is being fueled with nothing. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 719 Florales Drive was last sold in Sep 1, 2016 for $2,889,000. According to our calculations, that's $1,474.73 per sqft. Current property owners are expected to pay $38,507 in taxes per year. The property on 719 Florales Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $3,222,605. To break that down further, the land itself was valued at $2,956,124. While improvements to the property were assessed at a total of $266,481. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Custom
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 441
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 8,910
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 660
  • Total Building Area: 1,959
  • Gross Building Area: 1,479
  • Building Area: 1,959
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,959
  • Heating Fuel Type: None

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ENCINA GRANDE PARK
  • Land Acres: 0.205
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 357 ENCINA GRANDE PARK BOOK 11 PAGE 30 PAGE 31 BLOCK 8 LOT 16

Ownership

  • Current Owner : HUANG YAO MING
  • Current Owner 2: HSIEH SHU JIUN
  • Previous Owner : SHAMI KHALED
  • Previous Owner 2: SHAMI SUZETTE
  • Owner Before Previous Owner: BREWER BARRY DEAN
  • Owner Before Previous Owner 2: DOMPE JOHN D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Palo Alto Unified School District
  • Census Tract: 510600

Zoning

  • Zoning: R1B1

Geography

  • Assessors Map Reference: 44-C5
  • Subdivision Tract Number: 357
  • Parcel: 137-22-014
  • Block: 8
  • Lot: 16
  • Municipality: PALO ALTO
  • Latitude: 37.4112
  • Longitude: -122.128

    Address

  • Full Address: 719 Florales Dr
  • Address - House Number: 719
  • Address - Street Name: Florales
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Palo Alto
  • Carrier Code: C101
  • 4-Digit Zip Code: 3143
  • Zip Code: 94306

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $38,507
  • Tax Rate Code Area: 06-059

    Appraisal Valuation

  • Standard Deviation: 0.2032
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 72
  • Final Value: 3,546,796
  • High Value: 4,267,774
  • Low Value: 2,825,818

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,733,232
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Sep 07, 2016
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,733,232
  • 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: Oct 01, 2046

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,222,605
  • Assessed Land Value: $2,956,124
  • Assessed Improvements Value: $266,481

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 01, 2016
  • Current Sale Recording Date: Sep 07, 2016
  • Current Sale Transaction ID: 1756579017
  • Current Sale Price: $2,889,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 23424465
  • Previous Sale Recording Date: Jul 16, 2009
  • Previous Sale Contract Date: Jul 07, 2009
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Sep 07, 2016
  • First Mortgage Loan Amount: $1,733,232
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Oct 01, 2046

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: CITIMORTGAGE INC
  • Previous Mortgage Transaction Date: Jul 16, 2009
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $1,200,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Aug 01, 2039

About Barron Park



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Frequently Asked Questions

What neighborhood is 719 Florales Drive located in?
The 719 Florales Drive is a located in the neighborhood of Barron Park in Barron Park, Palo Alto.
What is the average sales price for listings in 719 Florales Drive?
The average sales price for units in 719 Florales Drive is $0 currently.

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