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2340 Glen Way

2340 Glen Way, Palo Alto, CA 94303
Property in East Palo Alto
Sold Jan 07, 2022
$970,000
Sold Apr 17, 2003
$157,500
$314,600 by Sib Mortgage Corp
Mortgage Due May 01, 2033
Local assessors in Palo Alto, CA have categorized 2340 Glen Way 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 5,000 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 500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 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 is one full bathroom. There are also 2 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 2340 Glen Way has a total of 1,130 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 440 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. The building has a roof that is made of composition shingle. Lots of stucco were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central 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. 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, 2340 Glen Way was last sold in Dec 28, 2021 for $970,000. According to our calculations, that's $858.41 per sqft. Prior to that sales transaction, the property was sold for $157,500 in Apr 9, 2003. Current property owners are expected to pay $11,313 in taxes per year. The property on 2340 Glen Way was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $897,600. To break that down further, the land itself was valued at $612,000. While improvements to the property were assessed at a total of $285,600. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Composition shingle
  • 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: 5,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,130
  • Gross Building Area: 1,130
  • Building Area: 1,130
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,130
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: PALO ALTO PARK
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SLY 50 FT OF LOT 4 BLOCK 29 PALO ALTO PARK RSM 11/74

Ownership

  • Current Owner : ROSS CAITLYN JANE
  • Previous Owner : JOSE R GUTIERREZ TRUST
  • Owner Before Previous Owner: GUTIERREZ JOSE R
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Sequoia Union High School District
  • Census Tract: 612002

Zoning

  • Zoning: R10006

Geography

  • Assessors Map Reference: 38-B4
  • Parcel: 063-199-110
  • Block: 29
  • Lot: 4
  • Latitude: 37.4697
  • Longitude: -122.143

    Address

  • Full Address: 2340 Glen Way
  • Address - House Number: 2340
  • Address - Street Name: Glen
  • Address - Suffix Type: Way
  • State: CA
  • City Name: East Palo Alto
  • Carrier Code: C006
  • 4-Digit Zip Code: 1530
  • Zip Code: 94303

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,313
  • Tax Rate Code Area: 21-029

    Appraisal Valuation

  • Standard Deviation: 0.0851
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 93
  • Final Value: 991,589
  • High Value: 1,076,050
  • Low Value: 907,128

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $897,600
  • Assessed Land Value: $612,000
  • Assessed Improvements Value: $285,600

    Sales

  • Current Sale Contract Date: Dec 28, 2021
  • Current Sale Recording Date: Jan 07, 2022
  • Current Sale Transaction ID: 11877912228
  • Current Sale Price: $970,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 1579
  • Previous Sale Recording Date: Apr 17, 2003
  • Previous Sale Contract Date: Apr 09, 2003
  • Previous Sale Amount: $157,500
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: FLAGSTAR BANK FSB
  • First Mortgage Transaction Date: Jan 07, 2022
  • First Mortgage Loan Amount: $850,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: SIB MORTGAGE CORP
  • Previous Mortgage Transaction Date: Apr 17, 2003
  • Previous Mortgage Loan Amount: $314,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: May 01, 2033

About East Palo Alto



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Frequently Asked Questions

What neighborhood is 2340 Glen Way located in?
The 2340 Glen Way is a located in the neighborhood of East Palo Alto in East Palo Alto, Palo Alto.
What is the average sales price for listings in 2340 Glen Way?
The average sales price for units in 2340 Glen Way is $0 currently.

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