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530 Lewis Street

530 Lewis Street, King City, CA 93930
Property in Monterey
Sold May 10, 2017
$305,000
$305,000 by Usaa Fsb
Mortgage Due Jun 01, 2047
Sold Mar 01, 2016
$420,000
530 Lewis Street has been categorized by the local assessors in King City, CA as a residential type of property. The building on the property was first built in 2016 and is 8 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 530 Lewis Street has 1,532 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 7,405 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a style that we are currently unable to determine.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as excellent. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. 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, 530 Lewis Street sold most recently in May 2, 2017 for a total of $305,000. If you work out the math, that's approximately a cost of $199.09 per sqft. Before that, the property was also sold for $420,000 in Feb 23, 2016. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $3,823 in taxes each year. 530 Lewis Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $340,229. If we break it down further, the land itself was valued at $111,550. Improvements to the property, however, were assessed at a total of $228,679. 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: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Excellent
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Other
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,405
  • Total Building Area: 1,532
  • Gross Building Area: 1,532
  • Building Area: 1,532
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,532
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ARBOLEDA PHASE TWO
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ARBOLEDA PHASE TWO VOL 23 C&T PG. 21 TRACT NO. 1457 LOT 25

Ownership

  • Current Owner : VELA RAUL CARLOS
  • Current Owner 2: VELA TINA LOISE
  • Previous Owner : NINO HOMES AT ARBOLEDA INC
  • Owner Before Previous Owner: NINO FAMILY LP
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: King City Union Elementary School District
  • Census Tract: 011305

Geography

  • Subdivision Tract Number: 1457
  • Parcel: 026-618-025-000
  • Lot: 25
  • Latitude: 36.2221
  • Longitude: -121.138

    Address

  • Full Address: 530 Lewis St
  • Address - House Number: 530
  • Address - Street Name: Lewis
  • Address - Suffix Type: St
  • State: CA
  • City Name: King City
  • Carrier Code: C003
  • 4-Digit Zip Code: 3792
  • Zip Code: 93930

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,823
  • Tax Rate Code Area: 002-017

    Appraisal Valuation

  • Standard Deviation: 0.223
  • Valuation Date: Jul 12, 2023
  • Confidence Score: 69
  • Final Value: 522,688
  • High Value: 639,280
  • Low Value: 406,096

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $352,641
  • First Open Lien Mortgage Lender: USAA FSB
  • First Open Lien Mortgage Recording Date: May 10, 2017
  • First Open Lien Mortgage Loan Amount: $305,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2047
  • Second Open Lien Mortgage Lender: SECRETARY OF VETERANS AFFAIRS
  • Second Open Lien Mortgage Recording Date: Aug 05, 2022
  • Second Open Lien Mortgage Loan Amount: $47,641
  • Second Open Lien Mortgage Term: 297
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Jun 01, 2047

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $340,229
  • Assessed Land Value: $111,550
  • Assessed Improvements Value: $228,679

    Sales

  • Current Sale Contract Date: May 02, 2017
  • Current Sale Recording Date: May 10, 2017
  • Current Sale Transaction ID: 1811690605
  • Current Sale Price: $305,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2017025000
  • Previous Sale Recording Date: Mar 01, 2016
  • Previous Sale Contract Date: Feb 23, 2016
  • Previous Sale Amount: $420,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: USAA FSB
  • First Mortgage Transaction Date: May 10, 2017
  • First Mortgage Loan Amount: $305,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jun 01, 2047

About King City



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Frequently Asked Questions

What neighborhood is 530 Lewis Street located in?
The 530 Lewis Street is a located in the neighborhood of Monterey in King City, King City.
What is the average sales price for listings in 530 Lewis Street?
The average sales price for units in 530 Lewis Street is $0 currently.

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