NOT LISTED FOR SALE

1010 Colorado Ave Palo Alto, CA 94303

Midtown Palo Alto Neighborhood

Estimated Value: $3,578,209 - $3,827,000

3 Beds
1 Bath
1,014 Sq Ft
$3,640/Sq Ft Est. Value

Last Sold May 30, 2019

Last sale price $2,025,000 $1,997 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $23,267/month

19 Days on Market

Highlights

  • Combination Dining and Living Room
  • Wood Burning Fireplace
  • 5-minute walk to Henry Seale Park
  • Palo Verde Elementary School Rated A+
  • 1-Story Property

About This Home

As of May 2019

50's home in very nice Midtown location. Close to all the amenities with great parks, schools, and access to 101 and 280. Home lies on a nice corner lot -- so future development can be wonderful with plenty of light. Home is in original condition so call your contractor to fix this one up with new kitchen , bath and amenities or build new for great appreciation in the years to come. .Improvement is 1014 s.f. with an enclosed additional patio. The corner lot is large for the area at 6,600 square feet affording a great opportunity for expansion. Interior inspections must be done by appt only. Do not disturb occupants please. Owner has some health issues and will not answer the door. This is a one of a kind opportunity... as fixer upper property in Palo Alto are very rare these days. Drive by and then make your best offer. Good Luck!

Last Agent to Sell the Property

Charles Fuery

Stanford Property and Finance License #00889106 Listed on: 04/23/2019

Last Buyer's Agent

Joban Brown

Fisher & Brown Real Estate License #01848263

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $40,416

Year Built

  • Built in 1953

Lot Details

  • 6,625 Sq Ft Lot
  • Zoning described as R1

Parking

  • 2 Car Garage
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,014 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 127-07-039

Home Details

Home Type

Single Family

Est. Annual Taxes

$40,416

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 66
  • Listing Class: Residential
  • Structure Sq Ft: 1014
  • Year Built: 1953
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining Area in Living Room
  • Living Sq Ft: 1014
  • Stories: 1
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Off-Street Parking, On Street

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Palo Alto Unified
  • Elementary School: Palo Verde Elementary
  • Middle School: Jane Lathrop Stanford Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 320
  • Middle School: 322

Lot Info

  • Parcel Number: 127-07-039
  • Lot Acres: 0.1521
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6625.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6625.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Palo Verde Elementary
  • High School Text: Palo Alto High
  • Middle School Text: Jane Lathrop Stanford Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2021
Sold by
Wang Tiellu and Wang Xuelan
Bought by
Wang Yi and An Qi
Current Estimated Value
$3,652,138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,350,000
Outstanding Balance
$2,147,703
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$1,493,832

Purchase Details

Listed on
Apr 23, 2019
Closed on
May 23, 2019
Sold by
Rlt Crittenden Mary Evelyn and Rlt Mary Evelyn Crittenden
Bought by
Foo Choon Mun and Wang Tiellu
Seller's Agent
Charles Fuery
Stanford Property and Finance
Buyer's Agent
Joban Brown
Fisher & Brown Real Estate
List Price
$1,900,000
Sold Price
$2,025,000
Premium/Discount to List
$125,000
6.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.89%

Purchase Details

Closed on
Feb 28, 2019
Sold by
Crittenden Mary Evelyn
Bought by
Crittenden Mary Evelyn and The Mary Evelyn Crittenden Rev
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wang Yi $3,168,000 Old Republic Title Company
Foo Choon Mun $2,025,000 Old Republic Title Co
Rlt Crittenden Mary Evelyn -- Old Republic Title Co
Crittenden Mary Evelyn -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Yi $2,350,000
Previous Owner Crittenden Mary E $329,773
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2019 05/30/19 Sold $2,025,000 -11.5% $1,997 / Sq Ft
05/13/2019 05/13/19 Pending -- -- --
04/23/2019 04/23/19 Price Changed $2,288,000 +20.4% $2,256 / Sq Ft
04/23/2019 04/23/19 For Sale $1,900,000 -- $1,874 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $40,416 $3,429,143 $2,716,904 $712,239
2024 $40,416 $3,361,906 $2,663,632 $698,274
2023 $39,822 $3,295,987 $2,611,404 $684,583
2022 $39,363 $3,231,360 $2,560,200 $671,160
2021 $28,939 $2,357,553 $2,061,134 $296,419
2020 $24,352 $2,065,500 $2,040,000 $25,500
2019 $819 $65,814 $32,907 $32,907
2018 $809 $64,524 $32,262 $32,262
2017 $794 $63,260 $31,630 $31,630
2016 $760 $62,020 $31,010 $31,010
2015 $751 $61,090 $30,545 $30,545
2014 $740 $59,894 $29,947 $29,947
Source: Public Records

Agents Affiliated with this Home

  • Charles Fuery

    Seller's Agent in 2019

    Charles Fuery

    Stanford Property and Finance

    (650) 326-2900

    12 Total Sales

    Section Image
  • Joban Brown

    Buyer's Agent in 2019

    Joban Brown

    Fisher & Brown Real Estate

    (650) 346-4974

    3 in this area

    9 Total Sales

    Section Image
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Map

Source: MLSListings

MLS Number: ML81748355

MLSListings

APN: 127-07-039

California Santa Clara County Palo Alto 94303 Midtown Palo Alto

1010 Colorado Ave, Palo Alto, CA

This home is located at 1010 Colorado Ave, Palo Alto, CA 94303 since 23 April 2019 and is currently estimated at $3,691,302, approximately $3,640 per square foot. This property was built in 1953. 1010 Colorado Ave is a home located in Santa Clara County with nearby schools including Palo Verde Elementary School, Jane Lathrop Stanford Middle School, and Palo Alto High School.

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