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1348 Fairway Drive

1348 Fairway Drive, Los Altos, CA 94024
Property in Country Club
Sold Jun 17, 2020
$3,075,000
$1,825,000 by Wells Fargo Bank Na
Mortgage Due Jul 01, 2050
Sold Oct 22, 2013
$1,850,000
$850,000 by Bank Of America Na
Mortgage Due Nov 01, 2043
Local assessors in Los Altos, CA have categorized 1348 Fairway Drive as a residential type of property. The home was built in 1978 and is 46 years old. The property's lot size has been calculated to be 10,000 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 1,000 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 10 rooms in the home. Of these, 4 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 2 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1348 Fairway Drive has a total of 2,324 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. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 696 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a porch and a screened patio so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. 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 - B. The building has a roof that is made of wood shake/ shingles. Lots of stucco were used in the construction of the exterior walls of the home. The home's a heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 1348 Fairway Drive sold most recently in Jun 12, 2020 for a total of $3,075,000. If you work out the math, that's approximately a cost of $1,323.15 per sqft. Before that, the property was also sold for $1,850,000 in Oct 8, 2013. 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 $37,619 in taxes each year. 1348 Fairway Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $3,232,371. If we break it down further, the land itself was valued at $3,070,701. Improvements to the property, however, were assessed at a total of $161,670. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 696
  • Parking Space Count: 2
  • Patio Type: Patio - screened
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 10,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,324
  • Gross Building Area: 2,324
  • Building Area: 2,324
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 2,324
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LOS ALTOS CC PROPERTIES
  • Land Acres: 0.23
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT A

Ownership

  • Current Owner : THAI KEN
  • Current Owner 2: CHANG DEBORAH
  • Previous Owner : JANKOVIC WALTER F
  • Previous Owner 2: JANKOVIC NADIA M
  • Owner Before Previous Owner: BARBA PETER M
  • Owner Before Previous Owner 2: BARBA SHERRY D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Los Altos Elementary School District
  • Census Tract: 511702

Zoning

  • Zoning: R1E-2

Geography

  • Assessors Map Reference: 51-F6
  • Parcel: 331-04-166
  • Lot: A
  • Municipality: UNINCORPORATED
  • Latitude: 37.3578
  • Longitude: -122.098

    Address

  • Full Address: 1348 Fairway Dr
  • Address - House Number: 1348
  • Address - Street Name: Fairway
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Los Altos
  • Carrier Code: C022
  • 4-Digit Zip Code: 5308
  • Zip Code: 94024

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $37,619
  • Tax Rate Code Area: 79-007

    Appraisal Valuation

  • Standard Deviation: 0.1949
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 74
  • Final Value: 3,848,976
  • High Value: 4,599,478
  • Low Value: 3,098,474

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,825,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Jun 17, 2020
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,825,000
  • 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: Jul 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,232,371
  • Assessed Land Value: $3,070,701
  • Assessed Improvements Value: $161,670

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 12, 2020
  • Current Sale Recording Date: Jun 17, 2020
  • Current Sale Transaction ID: 11769458810
  • Current Sale Price: $3,075,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 24508340
  • Previous Sale Recording Date: Oct 22, 2013
  • Previous Sale Contract Date: Oct 08, 2013
  • Previous Sale Amount: $1,850,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jun 17, 2020
  • First Mortgage Loan Amount: $1,825,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2050

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Oct 22, 2013
  • Previous Mortgage Loan Amount: $850,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2043

About Country Club



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Frequently Asked Questions

What neighborhood is 1348 Fairway Drive located in?
The 1348 Fairway Drive is a located in the neighborhood of Country Club in Country Club, Los Altos.
What is the average sales price for listings in 1348 Fairway Drive?
The average sales price for units in 1348 Fairway Drive is $0 currently.

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