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861 Inverness Way

861 Inverness Way, Sunnyvale, CA 94087
Property in Ortega Park
Sold Jan 25, 2021
$2,100,000
$1,600,000 by Wells Fargo Bank Na
Mortgage Due Feb 01, 2051
Sold Jul 24, 2020
$1,650,000
861 Inverness Way in Sunnyvale, CA was first built in 1959 and is 65 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 6 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 861 Inverness Way has 1,578 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 560 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 5,600 square feet.

Learn more about the property and building on this page. There is a porch and a patio. For those who need parking, there is a garage. The garage is 483 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 C. 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. 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, 861 Inverness Way was last sold in Jan 9, 2021 for $2,100,000. According to our calculations, that's $1,330.80 per sqft. Prior to that sales transaction, the property was sold for $1,650,000 in Jul 21, 2020. Current property owners are expected to pay $25,324 in taxes per year. The property on 861 Inverness Way was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $2,184,840. To break that down further, the land itself was valued at $2,075,598. While improvements to the property were assessed at a total of $109,242. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 483
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 5,600
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 560
  • Total Building Area: 1,578
  • Gross Building Area: 1,578
  • Building Area: 1,578
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 1,578
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LINDVALE PARK
  • Land Acres: 0.129
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 2186 LINDVALE PARK BOOK 100 PAGE 7 LOT 88

Ownership

  • Current Owner : IDAHO ACA TIAN
  • Current Owner 2: ZHANG DABIN
  • Previous Owner : CATAMOUNT PROPERTIES 2018 LLC
  • Owner Before Previous Owner: CHUI FRANK
  • Owner Before Previous Owner 2: CHUI FREDERICK CHI
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Cupertino Union Elementary School District
  • Census Tract: 508204

Zoning

  • Zoning: R0

Geography

  • Assessors Map Reference: 60-B2
  • Subdivision Tract Number: 2186
  • Parcel: 309-30-021
  • Lot: 88
  • Municipality: SUNNYVALE
  • Latitude: 37.3416
  • Longitude: -122.015

    Address

  • Full Address: 861 Inverness Way
  • Address - House Number: 861
  • Address - Street Name: Inverness
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Sunnyvale
  • Carrier Code: C025
  • 4-Digit Zip Code: 3538
  • Zip Code: 94087

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $25,324
  • Tax Rate Code Area: 09-001

    Appraisal Valuation

  • Standard Deviation: 0.188
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 75
  • Final Value: 2,464,705
  • High Value: 2,928,287
  • Low Value: 2,001,124

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,600,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Jan 25, 2021
  • First Open Lien Mortgage Loan Amount: $1,600,000
  • 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: Feb 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,184,840
  • Assessed Land Value: $2,075,598
  • Assessed Improvements Value: $109,242

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 09, 2021
  • Current Sale Recording Date: Jan 25, 2021
  • Current Sale Transaction ID: 11814803978
  • Current Sale Price: $2,100,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 24799674
  • Previous Sale Recording Date: Jul 24, 2020
  • Previous Sale Contract Date: Jul 21, 2020
  • Previous Sale Amount: $1,650,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jan 25, 2021
  • First Mortgage Loan Amount: $1,600,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2051

About Ortega



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Frequently Asked Questions

What neighborhood is 861 Inverness Way located in?
The 861 Inverness Way is a located in the neighborhood of Ortega Park in Ortega, Sunnyvale.
What is the average sales price for listings in 861 Inverness Way?
The average sales price for units in 861 Inverness Way is $0 currently.

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