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721 Ronald Court

721 Ronald Court, Los Altos, CA 94024
Sold Oct 08, 2021
$4,050,000
$2,650,000 by Bank Of The West
Mortgage Due Nov 01, 2051
721 Ronald Court 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 1955 and is 69 years old. However, we must point out that the home was most recently renovated and altered in 2005. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 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, 721 Ronald Court has 2,206 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 1,210 ft and across the front of the lot is 940 ft. The area measurement of the land has been determined as 11,374 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a custom style.

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 439 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a porch and a screened patio. 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. In terms of heating, it is utilizing a heating system. 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, 721 Ronald Court sold most recently in Oct 5, 2021 for a total of $4,050,000. If you work out the math, that's approximately a cost of $1,835.90 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 $48,539 in taxes each year. 721 Ronald Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $4,131,000. If we break it down further, the land itself was valued at $3,570,000. Improvements to the property, however, were assessed at a total of $561,000. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1955
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Custom
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 439
  • Parking Space Count: 2
  • Patio Type: Patio - screened
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 11,374
  • Lot Size Depth Feet: 1,210
  • Lot Size Frontage Feet: 940
  • Total Building Area: 2,206
  • Gross Building Area: 1,749
  • Building Area: 2,206
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 2,206
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRACT 1170
  • Land Acres: 0.261
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 1170 BOOK 51 PAGE 9 LOT 3

Ownership

  • Current Owner : ZHAO HONGZHOU
  • Current Owner 2: WANG SHANG
  • Previous Owner : MCCLOUD KENNETH E
  • Previous Owner 2: MCCLOUD ROSE ANN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Los Altos Elementary School District
  • Census Tract: 510001

Zoning

  • Zoning: R110

Geography

  • Assessors Map Reference: 51-F5
  • Subdivision Tract Number: 1170
  • Parcel: 189-19-005
  • Lot: 3
  • Municipality: LOS ALTOS
  • Latitude: 37.3644
  • Longitude: -122.095

    Address

  • Full Address: 721 Ronald Ct
  • Address - House Number: 721
  • Address - Street Name: Ronald
  • Address - Suffix Type: Ct
  • State: CA
  • City Name: Los Altos
  • Carrier Code: C028
  • 4-Digit Zip Code: 4920
  • Zip Code: 94024

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $48,539
  • Tax Rate Code Area: 11-001

    Appraisal Valuation

  • Standard Deviation: 0.22
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 69
  • Final Value: 4,106,939
  • High Value: 5,010,468
  • Low Value: 3,203,410

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,650,000
  • First Open Lien Mortgage Lender: BANK OF THE WEST
  • First Open Lien Mortgage Recording Date: Oct 08, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $2,650,000
  • 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, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,131,000
  • Assessed Land Value: $3,570,000
  • Assessed Improvements Value: $561,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 05, 2021
  • Current Sale Recording Date: Oct 08, 2021
  • Current Sale Transaction ID: 11859319827
  • Current Sale Price: $4,050,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 25127112

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF THE WEST
  • First Mortgage Transaction Date: Oct 08, 2021
  • First Mortgage Loan Amount: $2,650,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate

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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 721 Ronald Court located in?
The 721 Ronald Court is a located in the neighborhood of Central Los Altos in Central Los Altos, Los Altos.
What is the average sales price for listings in 721 Ronald Court?
The average sales price for units in 721 Ronald Court is $0 currently.

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