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7449 Tiptoe Lane

7449 Tiptoe Lane, Cupertino, CA 95014
Property in Santa Clara
Sold Jun 02, 2020
$2,300,000
$1,610,000 by Wells Fargo Bank Na
Mortgage Due Jul 01, 2050
7449 Tiptoe Lane has been categorized by the local assessors in Cupertino, CA as a residential type of property. The building on the property was first built in 1959 and is 65 years old. The home has a total of 9 rooms. 4 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, 7449 Tiptoe Lane has 2,354 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 1,090 ft and across the front of the lot is 850 ft. The area measurement of the land has been determined as 9,265 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 451 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 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. The roof of the building is made of wood shake/ shingles. The exterior walls of the building are made of stucco. In terms of heating, it is utilizing a heating system and being fueled with gas. 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 May 26, 2020 for $2,300,000. That's $977.06 per sqft. 7449 Tiptoe Lane was last assessed in 2023. The total value of the property was assessed at $2,417,707. Specifically, the land the property is located on was valued at $2,296,823. While improvements on the property were assessed at a total of $120,884. 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 $28,829. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Custom
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 451
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 9,265
  • Lot Size Depth Feet: 1,090
  • Lot Size Frontage Feet: 850
  • Total Building Area: 2,354
  • Gross Building Area: 1,945
  • Building Area: 2,354
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 2,354
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LAURELHURST
  • Land Acres: 0.213
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 2320 LAURELHURST BOOK 106 PAGE 23 LOT 38

Ownership

  • Current Owner : LI YUAN
  • Current Owner 2: YU WEI
  • Previous Owner : SORICH STEVEN M
  • Previous Owner 2: THE SORICH FAMILY TRUST
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Cupertino Union Elementary School District
  • Census Tract: 507808

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 59-F6
  • Subdivision Tract Number: 2320
  • Parcel: 359-28-004
  • Lot: 38
  • Municipality: CUPERTINO
  • Latitude: 37.308
  • Longitude: -122.035

    Address

  • Full Address: 7449 Tiptoe Ln
  • Address - House Number: 7449
  • Address - Street Name: Tiptoe
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Cupertino
  • Carrier Code: C016
  • 4-Digit Zip Code: 5818
  • Zip Code: 95014

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $28,829
  • Tax Rate Code Area: 13-002

    Appraisal Valuation

  • Standard Deviation: 0.2027
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 72
  • Final Value: 3,042,302
  • High Value: 3,659,052
  • Low Value: 2,425,553

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,610,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Jun 02, 2020
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,610,000
  • 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: Jul 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,417,707
  • Assessed Land Value: $2,296,823
  • Assessed Improvements Value: $120,884

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 26, 2020
  • Current Sale Recording Date: Jun 02, 2020
  • Current Sale Transaction ID: 11763348076
  • Current Sale Price: $2,300,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 24494433

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jun 02, 2020
  • First Mortgage Loan Amount: $1,610,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2050

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Cupertino



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Frequently Asked Questions

What neighborhood is 7449 Tiptoe Lane located in?
The 7449 Tiptoe Lane is a located in the neighborhood of Santa Clara in Cupertino, Cupertino.
What is the average sales price for listings in 7449 Tiptoe Lane?
The average sales price for units in 7449 Tiptoe Lane is $0 currently.

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