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964 Colonial Lane

964 Colonial Lane, Palo Alto, CA 94303
Refi Jun 04, 2004
Transfer
$270,400 by Wells Fargo Bank Na
Mortgage Due Jun 01, 2034
964 Colonial Lane has been categorized by the local assessors in Palo Alto, CA as a residential type of property. The building on the property was first built in 1954 and is 70 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 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, 964 Colonial Lane has 1,240 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 1,000 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 6,000 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown.

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 400 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. 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 roof of the building is made of tar and gravel. The exterior walls of the building are made of stucco. In terms of heating, it is utilizing a heating system. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Current property owners are expected to pay $6,519 in taxes per year. The property on 964 Colonial Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $481,910. To break that down further, the land itself was valued at $424,749. While improvements to the property were assessed at a total of $57,161. 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. 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.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: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Tar and gravel
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,240
  • Gross Building Area: 1,240
  • Building Area: 1,240
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 1,240
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: COLONIAL COURT
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 1257 COLONIAL COURT BOOK 48 PAGE 39 LOT 39

Ownership

  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Palo Alto Unified School District
  • Census Tract: 511000

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 44-D2
  • Subdivision Tract Number: 1257
  • Parcel: 127-60-041
  • Lot: 39
  • Municipality: PALO ALTO
  • Latitude: 37.4408
  • Longitude: -122.123

    Address

  • Full Address: 964 Colonial Ln
  • Address - House Number: 964
  • Address - Street Name: Colonial
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Palo Alto
  • Carrier Code: C061
  • 4-Digit Zip Code: 3726
  • Zip Code: 94303

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,519
  • Tax Rate Code Area: 06-001

    Appraisal Valuation

  • Standard Deviation: 0.1706
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 72
  • Final Value: 2,420,665
  • High Value: 2,914,580
  • Low Value: 1,926,751

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $270,400
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Jun 04, 2004
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $270,400
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2034

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $481,910
  • Assessed Land Value: $424,749
  • Assessed Improvements Value: $57,161

About Midtown Palo Alto



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Frequently Asked Questions

What neighborhood is 964 Colonial Lane located in?
The 964 Colonial Lane is a located in the neighborhood of Midtown Palo Alto in Midtown Palo Alto, Palo Alto.
What is the average sales price for listings in 964 Colonial Lane?
The average sales price for units in 964 Colonial Lane is $0 currently.

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