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739 Sutter Avenue

739 Sutter Avenue, Palo Alto, CA 94303
Sold Oct 11, 2017
$5,300,000
$2,120,000 by Jpmorgan Chase Bank Na
Mortgage Due Oct 11, 2047
739 Sutter 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 1954 and is 70 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 739 Sutter Avenue has 4,500 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 1,260 ft and across the front of the lot is 1,330 ft. The area measurement of the land has been determined as 16,758 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 99 sqft. According to our sources, there are a total of 750 available parking spaces. 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 C 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 no heating system and being fueled with nothing. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The property was last sold in Sep 29, 2017 for $5,300,000. That's $1,177.78 per sqft. 739 Sutter Avenue was last assessed in 2023. The total value of the property was assessed at $4,692,000. Specifically, the land the property is located on was valued at $3,621,000. While improvements on the property were assessed at a total of $1,071,000. 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 $55,536. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Floor Count: 1
  • Living Units: 8
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 99
  • Parking Space Count: 750
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 16,758
  • Lot Size Depth Feet: 1,260
  • Lot Size Frontage Feet: 1,330
  • Total Building Area: 4,500
  • Gross Building Area: 4,500
  • Building Area: 4,500
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: None
  • Heated Square Feet: 4,500
  • Heating Fuel Type: None

    Utilities

  • Sewer System: unknown
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: BELL TR
  • Land Acres: 0.385
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)

Ownership

  • Current Owner : SUTTER 739 ASSOCIATES LLC
  • Previous Owner : HERRMANN BRUCE
  • Previous Owner 2: HERRMANN CHERYL
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: RM20

Geography

  • Parcel: 127-35-200
  • Municipality: PALO ALTO
  • Latitude: 37.4331
  • Longitude: -122.126

    Address

  • Full Address: 739 Sutter Ave
  • Address - House Number: 739
  • Address - Street Name: Sutter
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Palo Alto
  • Carrier Code: C026
  • 4-Digit Zip Code: 3939
  • Zip Code: 94303

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $55,536
  • Tax Rate Code Area: 06-001

    Appraisal Valuation

  • Standard Deviation: 0.4295
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 14
  • Final Value: 4,344,066
  • High Value: 6,210,061
  • Low Value: 2,478,070

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,120,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Oct 11, 2017
  • First Open Lien Mortgage Loan Amount: $2,120,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Oct 11, 2047

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,692,000
  • Assessed Land Value: $3,621,000
  • Assessed Improvements Value: $1,071,000

    Sales

  • Current Sale Contract Date: Sep 29, 2017
  • Current Sale Recording Date: Oct 11, 2017
  • Current Sale Transaction ID: 1736840198
  • Current Sale Price: $5,300,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 23773503

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Oct 11, 2017
  • First Mortgage Loan Amount: $2,120,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

About Midtown Palo Alto



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Frequently Asked Questions

What neighborhood is 739 Sutter Avenue located in?
The 739 Sutter 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 739 Sutter Avenue?
The average sales price for units in 739 Sutter Avenue is $0 currently.

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