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785 Newell Road

785 Newell Road, Palo Alto, CA 94303
Sold Apr 06, 2017
$2,600,000
$999,999 by Wells Fargo Bank Na
Mortgage Due May 01, 2047
Sold May 28, 1999
$660,000
$400,000 by Citibank
Mortgage Due Jun 01, 2029
785 Newell Road in Palo Alto, CA was first built in 1959 and is 65 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a unknown. It is a single story home. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 785 Newell Road has 1,650 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,510. In total, the area measurement of the land is 7,390 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. The garage is 590 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as average. As for heating, the home is utilizing a heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter 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, 785 Newell Road sold most recently in Mar 3, 2017 for a total of $2,600,000. If you work out the math, that's approximately a cost of $1,575.76 per sqft. Before that, the property was also sold for $660,000 in May 24, 1999. 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 $34,745 in taxes each year. 785 Newell Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $2,900,346. If we break it down further, the land itself was valued at $2,727,442. Improvements to the property, however, were assessed at a total of $172,904. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 590
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,390
  • Lot Size Depth Feet: 1,510
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,650
  • Gross Building Area: 1,650
  • Building Area: 1,650
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 1,650
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CHANNING PARK 01
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : XU BIN
  • Previous Owner : HSIANG WU CHUNG
  • Previous Owner 2: CHING VICKY KWOH
  • Owner Before Previous Owner: KUHLMANN DEAN A
  • Owner Before Previous Owner 2: KUHLMANN ANNE E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Palo Alto Unified School District
  • Census Tract: 511100

Zoning

  • Zoning: R1

Geography

  • Parcel: 003-29-078
  • Municipality: PALO ALTO
  • Latitude: 37.4507
  • Longitude: -122.139

    Address

  • Full Address: 785 Newell Rd
  • Address - House Number: 785
  • Address - Street Name: Newell
  • Address - Suffix Type: Rd
  • State: CA
  • City Name: Palo Alto
  • Carrier Code: C042
  • 4-Digit Zip Code: 2850
  • Zip Code: 94303

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $34,745
  • Tax Rate Code Area: 06-001

    Appraisal Valuation

  • Standard Deviation: 0.1739
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 71
  • Final Value: 3,770,147
  • High Value: 4,556,866
  • Low Value: 2,983,427

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,149,999
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Apr 06, 2017
  • First Open Lien Mortgage Loan Amount: $999,999
  • 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: May 01, 2047
  • Second Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • Second Open Lien Mortgage Recording Date: Aug 15, 2017
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $150,000
  • Second Open Lien Mortgage Term: 298
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Jul 26, 2042

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,900,346
  • Assessed Land Value: $2,727,442
  • Assessed Improvements Value: $172,904

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 03, 2017
  • Current Sale Recording Date: Apr 06, 2017
  • Current Sale Transaction ID: 1806823186
  • Current Sale Price: $2,600,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 23617900
  • Previous Sale Recording Date: May 28, 1999
  • Previous Sale Contract Date: May 24, 1999
  • Previous Sale Amount: $660,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Apr 06, 2017
  • First Mortgage Loan Amount: $999,999
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: CITIBANK
  • Previous Mortgage Transaction Date: May 28, 1999
  • Previous Mortgage Loan Amount: $400,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jun 01, 2029

About Duveneck - St. Francis



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 785 Newell Road located in?
The 785 Newell Road is a located in the neighborhood of Duveneck - St. Francis in Duveneck - St. Francis, Palo Alto.
What is the average sales price for listings in 785 Newell Road?
The average sales price for units in 785 Newell Road is $0 currently.

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