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2529 Moraine Drive

2529 Moraine Drive, Santa Clara, CA 95051
Property in Santa Clara
Sold Nov 22, 2021
$1,868,000
Buyer
Seller
$1,494,400 by Citibank Na
Mortgage Due Dec 01, 2051
Sold Nov 03, 2017
$1,368,000
$1,094,400 by Wells Fargo Bank Na
Mortgage Due Dec 01, 2047
2529 Moraine Drive in Santa Clara, CA was first built in 1954 and is 70 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 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 2529 Moraine Drive has 1,396 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 550 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 5,500 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. For those who need parking, there is a garage. The garage is 247 sqft. There is one available parking space. 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. 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, 2529 Moraine Drive sold most recently in Nov 12, 2021 for a total of $1,868,000. If you work out the math, that's approximately a cost of $1,338.11 per sqft. Before that, the property was also sold for $1,368,000 in Nov 2, 2017. 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 $22,270 in taxes each year. 2529 Moraine Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,905,360. If we break it down further, the land itself was valued at $1,524,288. Improvements to the property, however, were assessed at a total of $381,072. The property's total assessed value has been marked as more than the total market value 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!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: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 247
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 550
  • Total Building Area: 1,396
  • Gross Building Area: 897
  • Building Area: 1,396
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 1,396
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GREEN VALE MANOR
  • Land Acres: 0.126
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 1309 GREEN VALE MANOR BOOK 50 PAGE 10 PAGE 13 LOT 536

Ownership

  • Current Owner : LU TAO
  • Previous Owner : BAI JING
  • Owner Before Previous Owner: WANG XU
  • Owner Before Previous Owner 2: WANG SHUOGE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Santa Clara Unified School District
  • Census Tract: 505301

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 53-E5
  • Subdivision Tract Number: 1309
  • Parcel: 216-19-016
  • Lot: 536
  • Municipality: SANTA CLARA
  • Latitude: 37.3685
  • Longitude: -121.981

    Address

  • Full Address: 2529 Moraine Dr
  • Address - House Number: 2529
  • Address - Street Name: Moraine
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Santa Clara
  • Carrier Code: C023
  • 4-Digit Zip Code: 1117
  • Zip Code: 95051

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $22,270
  • Tax Rate Code Area: 07-079

    Appraisal Valuation

  • Standard Deviation: 0.1644
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 73
  • Final Value: 1,752,838
  • High Value: 2,100,906
  • Low Value: 1,404,769

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,494,400
  • First Open Lien Mortgage Lender: CITIBANK NA
  • First Open Lien Mortgage Recording Date: Nov 22, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $1,494,400
  • 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: Dec 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,905,360
  • Assessed Land Value: $1,524,288
  • Assessed Improvements Value: $381,072

    Sales

  • Current Sale Contract Date: Nov 12, 2021
  • Current Sale Recording Date: Nov 22, 2021
  • Current Sale Transaction ID: 11869085289
  • Current Sale Price: $1,868,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 25175458
  • Previous Sale Recording Date: Nov 03, 2017
  • Previous Sale Contract Date: Nov 02, 2017
  • Previous Sale Amount: $1,368,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIBANK NA
  • First Mortgage Transaction Date: Nov 22, 2021
  • First Mortgage Loan Amount: $1,494,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Nov 03, 2017
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $1,094,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Dec 01, 2047

About Santa Clara



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Frequently Asked Questions

What neighborhood is 2529 Moraine Drive located in?
The 2529 Moraine Drive is a located in the neighborhood of Santa Clara in Santa Clara, Santa Clara.
What is the average sales price for listings in 2529 Moraine Drive?
The average sales price for units in 2529 Moraine Drive is $0 currently.

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