When was property at 986 Loma Verde Avenue built and last sold?

The property at 986 Loma Verde Avenue was built in 1958 and last sold on Jul 8, 2020 for $2,450,000.

How much is this home worth?

The estimated value of the home located at 986 Loma Verde Avenue is $2,520,813.

What are some comparable homes to 986 Loma Verde Avenue?

There are currently no comparable homes to 986 Loma Verde Avenue.

Palo Alto

94303

Palo Verde

986 Loma Verde AVE

1 / 21

Map

$3,065,966*

● House - Off Market

986 Loma Verde AVE

PALO ALTO, CA 94303

4 Beds

2 Baths

1674 Sqft

$2,246,000 - $2,744,000

Reference Base Price*

22.88%

Since Jul 1, 2020

CA-San Francisco

Primary Model

Sold Jul 17, 2020

$2,450,000

Wang Patrick Wang Corinne

Buyer

Scott E Culver The Survivor S Trust

Seller

$1,450,000 by Wells Fargo Bank Na

Mortgage Due Aug 01, 2050

About This Property

Wonderful 4 bedroom, 2 bath Eichler with loads of natural light. Private master suite with walk-in closet. Spacious living room with raised ceiling and walls of windows overlooking private backyard. Open kitchen/family room combination. Beautiful laminate floors throughout and new carpeting. Conveniently located near shops, schools parks and transportation. Ready to move in and enjoy!

The manager has listed the unit size as 1674 square feet.

Unit Size

1,674Ft²

Days on Market

Land Size

0.14 acres

Price per sqft

$1,490

Property Type

House

Property Taxes

HOA Dues

Year Built

1958

Price History

Date / Event	Date	Event
Jul 17, 2020	Sold to Corinne Wang, Patrick Wang	$2,450,000
Sold to Corinne Wang, Patrick Wang
Jun 20, 2020	No longer available	-
No longer available
Jun 10, 2020	Price Decreased	$2,495,000 ↓ $255K (9.3%)
Price Decreased
May 24, 2020	Price Increased	$2,750,000 ↑ $255K (10.2%)
Price Increased
May 23, 2020	Listed	$2,495,000
Listed

Property Highlights

Garage

Building Info

Overview

General

Year Built: 1958

Effective Year Built: 1958
Building Count: 1
Total Rooms: 7
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: 440
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: 1,674
Gross Building Area: 1,674
Building Area: 1,674
Building Area Measurement: Living Area

Heating and Cooling

Air Conditioning: unknown

Heating: Yes
Heated Square Feet: 1,674
Heating Fuel Type: unknown

Utilities

Sewer System: unknown

Water Service: unknown

Building

Property Class: Residential

Subdivision: ROYAL MANOR
Land Acres: 0.138
Standard Land Use Code: Single family residential
Legal Description 1: TRACT 1556 ROYAL MANOR BOOK 63 PAGE 7 PAGE 8 BLOCK 1 LOT 11

Ownership

Current Owner : WANG PATRICK

Current Owner 2: WANG CORINNE
Previous Owner : SCOTT E CULVER
Previous Owner 2: THE SURVIVOR S TRUST
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: 510801

Zoning

Zoning: R1

Geography

Assessors Map Reference: 44-E2

Subdivision Tract Number: 1556
Parcel: 127-22-065
Block: 1
Lot: 11
Municipality: PALO ALTO
Latitude: 37.4342
Longitude: -122.114

Address

Full Address: 986 Loma Verde Ave

Address - House Number: 986
Address - Street Name: Loma Verde
Address - Suffix Type: Ave
State: CA
City Name: Palo Alto
Carrier Code: C030
4-Digit Zip Code: 4021
Zip Code: 94303

Valuation

Tax

Tax Year: 2022

Tax Amount: $30,644
Tax Rate Code Area: 06-001

Appraisal Valuation

Standard Deviation: 0.1739

Valuation Date: Mar 06, 2024
Confidence Score: 71
Final Value: 3,149,984
High Value: 3,807,293
Low Value: 2,492,674

Open Liens

Total Open Liens: 1

Total Open Liens Amount: $1,450,000
First Open Lien Mortgage Lender: WELLS FARGO BANK NA
First Open Lien Mortgage Recording Date: Jul 17, 2020
First Open Lien Mortgage Financing Type: Adjustable Rate
First Open Lien Mortgage Loan Amount: $1,450,000
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: Aug 01, 2050

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $2,548,980
Assessed Land Value: $2,496,960
Assessed Improvements Value: $52,020

Exemptions

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: Jul 08, 2020

Current Sale Recording Date: Jul 17, 2020
Current Sale Transaction ID: 11773139694
Current Sale Price: $2,450,000
Current Sale Document Type: Grant Deed
Current Sale Input Document Number: 24539721

Last Sale Mortgage

First Mortgage Lender: WELLS FARGO BANK NA

First Mortgage Transaction Date: Jul 17, 2020
First Mortgage Loan Amount: $1,450,000
First Mortgage Terms: 360
First Mortgage Loan Type: New Conventional
First Mortgage Loan Due Date: Aug 01, 2050

Financing

First Mortgage Financing Type: Adjustable Rate

Redact Ownership Info

Comparables

3109 Maddux Drive

Active

House

3 Beds

1 Bath

1,004 ft²

$2,378/ft²

$2,388,000 Mar 4, 2023

About Palo Verde

Stats & Trends

Median Asking:

$3,199,500

Sale Price/ft²

$1,688

Below Asking

0.01%

Average Days on Market

Average Home Size

2145 ft²

Average Home Age

59.6 years

Currently For Sale

0 Listings

Similar Homes for Sale

Unit for sale at 3109 Maddux Drive, PALO ALTO, CA 94303

$2,388,000

3 Beds
1 Bath
1,004 ft²

3109 Maddux Drive, PALO ALTO, CA 94303 Listing by Anthony Sitnyakovsky

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986 Loma Verde AVE

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Ownership

Neighborhood

Zoning

Geography

Valuation

Comparables

About Palo Verde

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions