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75 Catalpa Drive

75 Catalpa Drive, Atherton, CA 94027
Property in Lindenwood
Sold Sep 18, 1998
Transfer
Sold Jun 25, 1997
$2,915,000
$1,690,000 by American Svg Bank
Mortgage Due Jul 01, 2027
Local assessors in Atherton, CA have categorized 75 Catalpa Drive as a residential type of property. The home was built in 1973 and is 51 years old. The property's lot size has been calculated to be 39,627 square feet. The linear feet between the front and back of the lot was measured at 2,590 ft and the front of the lot was measured at 1,530 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 18 rooms in the home. Of these, 7 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 6 full bathrooms. There are also 7 partial bathrooms. There is a unknown that is 210 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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. The garage on the property is 980 sqft. There are 4 available parking spaces so it's a great situation for those with more than one car. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. The home's a central heating system is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Before that, the property was also sold for $2,915,000 in Jun 13, 1997. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $115,132 in taxes each year. 75 Catalpa Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $10,295,829. If we break it down further, the land itself was valued at $5,829,104. Improvements to the property, however, were assessed at a total of $4,466,725. The property's total assessed value has been marked as more than the total market value 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.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: 1973
  • Effective Year Built: 1973
  • Total Rooms: 18
  • Bedroom Count: 7
  • Bathroom Count: 7
  • Full Bathrooms: 6
  • Partial Bathrooms: 7
  • Living Units: 1
  • Basement Area: 210
  • Garage Square Area: 980
  • Parking Space Count: 4
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 39,627
  • Lot Size Depth Feet: 2,590
  • Lot Size Frontage Feet: 1,530
  • Total Building Area: 6,740
  • Building Area: 6,740

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MAP NO 1 LINDENWOOD
  • Land Acres: 0.91
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOTS 4 & 5 BLOCK 2 MAP NO 1 LINDENWOOD RSM 21/37-39

Ownership

  • Current Owner : KESSLER ANDREW
  • Current Owner 2: KESSLER NANCY A
  • Previous Owner : AL HEJAILAN FAISAL JAMIL
  • Owner Before Previous Owner: WETLESEN GUNNAR A
  • Owner Before Previous Owner 2: WETLESEN ELLEN MARY
  • Is Owner Occupied: Owner-occupied property
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Sequoia Union High School District
  • Census Tract: 611500

Zoning

  • Zoning: R1001A

Geography

  • Assessors Map Reference: 37-E4
  • Parcel: 061-211-130
  • Block: 2
  • Lot: 4,5
  • Latitude: 37.4695
  • Longitude: -122.179

    Address

  • Full Address: 75 Catalpa Dr
  • Address - House Number: 75
  • Address - Street Name: Catalpa
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Atherton
  • Carrier Code: C019
  • 4-Digit Zip Code: 2167
  • Zip Code: 94027

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $115,132
  • Tax Rate Code Area: 01-001

    Appraisal Valuation

  • Standard Deviation: 0.2488
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 64
  • Final Value: 6,617,133
  • High Value: 8,263,936
  • Low Value: 4,970,330

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $10,295,829
  • Assessed Land Value: $5,829,104
  • Assessed Improvements Value: $4,466,725

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 16, 1998
  • Current Sale Recording Date: Sep 18, 1998
  • Current Sale Transaction ID: 1077443302
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 98150833
  • Previous Sale Recording Date: Jun 25, 1997
  • Previous Sale Contract Date: Jun 13, 1997
  • Previous Sale Amount: $2,915,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: BOSTON SAFE DEPOSIT & TRST
  • First Mortgage Transaction Date: Sep 18, 1998
  • First Mortgage Loan Amount: $1,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Oct 01, 2028
  • Second Mortgage Lender: BOSTON SAFE DEPOSIT & TRST
  • Second Mortgage Transaction Date: Sep 18, 1998
  • Second Mortgage Loan Amount: $100,000
  • Second Mortgage Terms: 120
  • Second Mortgage Loan Type: Credit Line (Revolving)
  • Second Mortgage Loan Due Date: Oct 20, 2008

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN SVG BANK
  • Previous Mortgage Transaction Date: Jun 25, 1997
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $1,690,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jul 01, 2027

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 75 Catalpa Drive located in?
The 75 Catalpa Drive is a located in the neighborhood of Lindenwood in Lindenwood, Atherton.
What is the average sales price for listings in 75 Catalpa Drive?
The average sales price for units in 75 Catalpa Drive is $0 currently.

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