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970 Crane Street

970 Crane Street, Menlo Park, CA 94025
Sold Sep 12, 2001
$2,930,000
$4,725,000 by Jpmorgan Chase Bank National A
Mortgage
Local assessors in Menlo Park, CA have categorized 970 Crane Street as a residential type of property. The home was built in 1955 and is 69 years old. The property's lot size has been calculated to be 7,560 square feet. The linear feet between the front and back of the lot was measured at 1,200 ft and the front of the lot was measured at 630 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a multifamily style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 20 rooms in the home. Of these, 8 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 6 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 970 Crane Street has a total of 5,719 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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. Additional features on the property are as follows. There is a carport for those who need a place to park their vehicle. There are 6 available parking spaces so it's a great situation for those with more than one car. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - A. 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, 970 Crane Street was last sold in Sep 4, 2001 for $2,930,000. According to our calculations, that's $512.33 per sqft. Current property owners are expected to pay $31,405 in taxes per year. The property on 970 Crane Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $2,032,632. To break that down further, the land itself was valued at $693,325. While improvements to the property were assessed at a total of $1,339,307. 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: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 20
  • Bedroom Count: 8
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • Building Quality: A
  • Building Style: Multifamily
  • Floor Count: 2
  • Living Units: 2
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 6

    Dimensions

  • Lot Size Square Feet: 7,560
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 630
  • Total Building Area: 5,719
  • Gross Building Area: 5,719
  • Building Area: 5,719
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 5,719
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FENTON SUB
  • Land Acres: 0.174
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: NWLY 17 FT OF LOT 6 & SELY 46 FT OF LOTS 7 8 9 BLOCK 1 FENTON SUB OF LOT 16 JOHNSON RO

Ownership

  • Current Owner : BLAINE H TERRENCE
  • Current Owner 2: BLAINE MARGARET H
  • Previous Owner : TROSTER JOHN G
  • Previous Owner 2: TROSTER MARGUERITE B
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Sequoia Union High School District
  • Census Tract: 612600

Zoning

  • Zoning: R30000

Geography

  • Assessors Map Reference: 37-D6
  • Parcel: 071-288-460
  • Block: 1
  • Lot: 7
  • Latitude: 37.4502
  • Longitude: -122.184

    Address

  • Full Address: 970 Crane St
  • Address - House Number: 970
  • Address - Street Name: Crane
  • Address - Suffix Type: St
  • State: CA
  • City Name: Menlo Park
  • Carrier Code: C088
  • 4-Digit Zip Code: 4762
  • Zip Code: 94025

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $31,405
  • Tax Rate Code Area: 08-001

    Appraisal Valuation

  • Standard Deviation: 0.4201
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 15
  • Final Value: 1,884,882
  • High Value: 2,676,888
  • Low Value: 1,092,875

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $4,725,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NATIONAL A
  • First Open Lien Mortgage Recording Date: Mar 01, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $4,725,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $2,032,632
  • Assessed Land Value: $693,325
  • Assessed Improvements Value: $1,339,307

    Sales

  • Current Sale Contract Date: Sep 04, 2001
  • Current Sale Recording Date: Sep 12, 2001
  • Current Sale Transaction ID: 1077631048
  • Current Sale Price: $2,930,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2001143207

About Downtown Menlo Park



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Frequently Asked Questions

What neighborhood is 970 Crane Street located in?
The 970 Crane Street is a located in the neighborhood of Downtown Menlo Park in Downtown Menlo Park, Menlo Park.
What is the average sales price for listings in 970 Crane Street?
The average sales price for units in 970 Crane Street is $0 currently.

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