$960,000
SOLD DEC 31, 2024

1020 Laurel Ave East Palo Alto, CA 94303

2 Beds
1 Bath
810 Sq Ft
6,451 Sq Ft Lot

Recently Sold

$1,185 Per Sq Ft

7% Above List Price

8 Days on Market

Highlights

  • Bonus Room
  • Den
  • Wood Burning Fireplace
  • Menlo-Atherton High School Rated A
  • Dining Room

About This Home

As of December 2024

This Amazing 2 bedroom 1 bath with bonus room plus a bonus detached ADU the perfect mix of cash flow and appreciation! which is perfect for study/den/workshop/office or even a play room. Inside, the updated layout includes new flooring, recessed lighting, and a modern kitchen with granite countertops and updated cabinets. The master suite opens to a cozy mb suite that can be used in many ways. The backyard is large and recently landscaped a perfect place for entertaining guests. This property also offers additional parking in front for additional convenience for ample parking and minutes from major tech employers like Facebook (5 minutes), Google (12 minutes), and Amazon (5 minutes)

Last Agent to Sell the Property

Mariaelena Diaz

eXp Realty of California Inc License #02034560 Listed on: 11/23/2024

eXp Realty of California Inc

Last Buyer's Agent

Sandra Ruelas-topete

BRG Realty License #02152419

BRG Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,754

Year Built

  • Built in 1949

Lot Details

  • 6,451 Sq Ft Lot
  • Zoning described as R10006

Parking

  • 1 Car Garage
  • Off-Street Parking

Interior Spaces

  • 810 Sq Ft Home
  • Wood Burning Fireplace
  • Dining Room
  • Den
  • Bonus Room
  • Laundry in Garage

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 062-242-200

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,754

Year Built

Built in 1949

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Age: 75
  • Listing Class: Residential
  • Structure Sq Ft: 810
  • Year Built: 1949
  • Zoning Description: R10006
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Wood Burning
  • Dining Room: No Formal Dining Room
  • Living Sq Ft: 810
  • Laundry: In Garage
  • Additional Rooms: Bonus / Hobby Room, Den / Study / Office
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: Yes

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 3
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Off-Street Parking

Utilities

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

Schools

  • School District: Sequoia Union High

Lot Info

  • Parcel Number: 062-242-200
  • Lot Acres: 0.1481
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6450.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6450.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Sequoia Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2024
Closed on
Dec 10, 2024
Sold by
Equity Track Inc
Bought by
Toscano Edwin C and Toscano Kayte Yirely
Seller's Agent
Mariaelena Diaz
eXp Realty of California Inc
Buyer's Agent
Sandra Ruelas-topete
BRG Realty
List Price
$899,000
Sold Price
$960,000
Premium/Discount to List
$61,000
6.79%
Views
56
Current Estimated Value
$971,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,464
Avg. Annual Appreciation
1.81%
Original Mortgage
$864,000
Outstanding Balance
$858,735
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$112,729

Purchase Details

Closed on
Oct 23, 2024
Sold by
King Lealor M Mitchell and King Arthur
Bought by
King Arthur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$864,000
Outstanding Balance
$858,735
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$112,729
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $960,000 Lawyers Title Company
Grant Deed -- Lawyers Title Company
Grant Deed $675,000 Lawyers Title Company
Grant Deed -- Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $864,000 New Conventional
Previous Owner $675,000 New Conventional
Previous Owner $0 New Conventional
Previous Owner $210,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2024 12/31/24 Sold $960,000 +6.8% $1,185 / Sq Ft
12/02/2024 12/02/24 Pending -- -- --
11/23/2024 11/23/24 For Sale $899,000 -- $1,110 / 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 $2,754 $960,000 $715,000 $245,000
2023 $2,754 $36,360 $10,541 $25,819
2022 $2,515 $35,648 $10,335 $25,313
2021 $2,447 $34,950 $10,133 $24,817
2020 $2,367 $34,593 $10,030 $24,563
2019 $2,316 $33,916 $9,834 $24,082
2018 $2,236 $33,252 $9,642 $23,610
2017 $2,133 $32,601 $9,453 $23,148
2016 $2,034 $31,963 $9,268 $22,695
2015 $1,970 $31,484 $9,129 $22,355
2014 $1,883 $30,869 $8,951 $21,918
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81987331

MLSListings

APN: 062-242-200