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781 Sharmon Palms Lane

781 Sharmon Palms Lane, Campbell, CA 95008
Property in San Tomas
Sold Oct 28, 2021
$1,700,000
$1,275,000 by Rocket Mortgage Llc
Mortgage Due Nov 01, 2051
Sold Feb 15, 2013
$820,000
$492,000 by East West Bank
Mortgage Due Mar 01, 2043
781 Sharmon Palms Lane has been categorized by the local assessors in Campbell, CA as a residential type of property. The building on the property was first built in 1961 and is 63 years old. The building has a total of 2 stories. In addition, 781 Sharmon Palms Lane has 3,328 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 1,130 ft and across the front of the lot is 710 ft. The area measurement of the land has been determined as 8,023 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a Spanish 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 attached garage for those who require parking. According to our sources, there are a total of 4 available parking spaces. Residents will have the luxury of enjoying a screened patio. Love to swim? You'll be excited to find out that there is a both a pool and a spa 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. 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, 781 Sharmon Palms Lane was last sold in Oct 20, 2021 for $1,700,000. According to our calculations, that's $510.82 per sqft. Prior to that sales transaction, the property was sold for $820,000 in Feb 12, 2013. Current property owners are expected to pay $23,347 in taxes per year. The property on 781 Sharmon Palms Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,734,000. To break that down further, the land itself was valued at $1,224,000. While improvements to the property were assessed at a total of $510,000. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Spanish
  • Floor Count: 2
  • Living Units: 4
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 4
  • Patio Type: Patio - screened
  • Pool Type: Pool & spa (both)

    Dimensions

  • Lot Size Square Feet: 8,023
  • Lot Size Depth Feet: 1,130
  • Lot Size Frontage Feet: 710
  • Total Building Area: 3,328
  • Gross Building Area: 3,328
  • Building Area: 3,328
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: None
  • Heated Square Feet: 3,328
  • Heating Fuel Type: None

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRACT #2697
  • Land Acres: 0.184
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: TRACT 2697 BOOK 118 PAGE 48 LOT 24

Ownership

  • Current Owner : ZHANG CHAO
  • Current Owner 2: ZHAO XIA
  • Previous Owner : GAO CHENN IVY YING
  • Previous Owner 2: GAO YING
  • Owner Before Previous Owner: MARQUEZ ROBERTO B
  • Owner Before Previous Owner 2: MARQUEZ REGINA R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Campbell Union Elementary School District
  • Census Tract: 506702

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: 66-A4
  • Subdivision Tract Number: 2697
  • Parcel: 404-32-053
  • Lot: 24
  • Municipality: CAMPBELL
  • Latitude: 37.2753
  • Longitude: -121.962

    Address

  • Full Address: 781 Sharmon Palms Ln
  • Address - House Number: 781
  • Address - Street Name: Sharmon Palms
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Campbell
  • Carrier Code: C008
  • 4-Digit Zip Code: 5213
  • Zip Code: 95008

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $23,347
  • Tax Rate Code Area: 10-005

    Appraisal Valuation

  • Standard Deviation: 0.4237
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 15
  • Final Value: 1,596,451
  • High Value: 2,272,867
  • Low Value: 920,034

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,275,000
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Oct 28, 2021
  • First Open Lien Mortgage Loan Amount: $1,275,000
  • 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: $1,734,000
  • Assessed Land Value: $1,224,000
  • Assessed Improvements Value: $510,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 20, 2021
  • Current Sale Recording Date: Oct 28, 2021
  • Current Sale Transaction ID: 11861632058
  • Current Sale Price: $1,700,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 25147293
  • Previous Sale Recording Date: Feb 15, 2013
  • Previous Sale Contract Date: Feb 12, 2013
  • Previous Sale Amount: $820,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: ROCKET MORTGAGE LLC
  • First Mortgage Transaction Date: Oct 28, 2021
  • First Mortgage Loan Amount: $1,275,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: EAST WEST BANK
  • Previous Mortgage Transaction Date: Feb 15, 2013
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $492,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Mar 01, 2043

About San Tomas



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Frequently Asked Questions

What neighborhood is 781 Sharmon Palms Lane located in?
The 781 Sharmon Palms Lane is a located in the neighborhood of San Tomas in San Tomas, Campbell.
What is the average sales price for listings in 781 Sharmon Palms Lane?
The average sales price for units in 781 Sharmon Palms Lane is $0 currently.

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