NOT LISTED FOR SALE

1023 Laurel Ave East Palo Alto, CA 94303

Estimated Value: $875,000 - $1,483,609

3 Beds
3 Baths
1,620 Sq Ft
$701/Sq Ft Est. Value

Last Sold February 20, 2024

Last sale price $975,000 $602 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $6,916/month

10 Days on Market

About This Home

As of February 2024

Without question , the best value in San Mateo County!!!! Wonderful home situated in a great area, centrally located near shopping, highway 101 and 84/Dumbarton Bridge and minutes from Meta (Facebook), Amazon, downtown Palo Alto, University Avenue shops and restaurants, Stanford Shopping Center. This home has been proudly maintained by the owners. This home won't last long, don't wait and make this home your reality.

Last Agent to Sell the Property

Michael Young

Princeton Pacific Properties License #00932309 Listed on: 01/12/2024

Last Buyer's Agent

Kevin Khoi Nguyen

Pacificwide Real Estate & Mortgage License #01480801

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,763

Year Built

  • Built in 1950

Lot Details

  • 6,500 Sq Ft Lot

Home Design

  • 1,620 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Parking

  • 1 Parking Space
  • Uncovered Parking

Listing and Financial Details

  • Assessor Parcel Number 062-222-110

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,763

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Type: Residential
  • Property Sub Type: Single Family Residence
  • Subtype Description: Detached
  • Directions To Property: Please use the GPS for accurate direction.
  • Lot Size Acres: 0.1492
  • Special Features: None
  • Stories: 0

Interior Features

  • Bedrooms: 3
  • Full Bathrooms: 3
  • Number Of Rooms: 8
  • Price Per Square Foot: 601.85
  • Square Footage: 1620.00
  • Bathrooms: 3

Garage/Parking

  • Parking Features: Uncovered Parking Space, Other
  • Total Parking Spaces: 1.00

Lot Info

  • Assessor Parcel Number: 062-222-110
  • Lot Size Sq Ft: 6500.00

Building Info

  • Year Built: 1950

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2024
Closed on
Feb 9, 2024
Sold by
Mccullough Tameka
Bought by
Vantran Trung-Chris and Do Phuong Le
Seller's Agent
Michael Young
Princeton Pacific Properties
Buyer's Agent
Kevin Khoi Nguyen
Pacificwide Real Estate & Mortgage
List Price
$899,000
Sold Price
$975,000
Premium/Discount to List
$76,000
8.45%
Total Days on Market
10
Views
60
Current Estimated Value
$1,135,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,902
Avg. Annual Appreciation
12.37%
Original Mortgage
$730,000
Outstanding Balance
$719,740
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$416,162
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 Buyer Sale Price Title Company
Vantran Trung-Chris $975,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vantran Trung-Chris $730,000
Previous Owner Jackson Ethel L $244,266
Previous Owner Jackson Ethel L $251,000
Previous Owner Jackson Ethel L $75,000
Previous Owner Jackson Ethel L $180,000
Previous Owner Jackson Ethel L $131,500
Previous Owner Jackson Ethel L $118,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2024 02/20/24 Sold $975,000 +8.5% $602 / Sq Ft
01/22/2024 01/22/24 Pending -- -- --
01/12/2024 01/12/24 For Sale $899,000 -- $555 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

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
2023 $6,763 $387,479 $105,738 $281,741
2022 $6,270 $379,882 $103,665 $276,217
2021 $6,126 $372,435 $101,633 $270,802
2020 $6,003 $368,617 $100,591 $268,026
2019 $5,966 $361,390 $98,619 $262,771
2018 $5,824 $354,306 $96,686 $257,620
2017 $5,589 $347,361 $94,791 $252,570
2016 $5,534 $340,552 $92,933 $247,619
2015 $5,412 $335,439 $91,538 $243,901
2014 $5,156 $328,869 $89,745 $239,124
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 424001096

Bay Area Real Estate Information Services (BAREIS)

APN: 062-222-110