NOT LISTED FOR SALE

1027 Laurel Ave East Palo Alto, CA 94303

Estimated Value: $992,000 - $1,172,000

2 Beds
1 Bath
1,000 Sq Ft
$1,050/Sq Ft Est. Value

Last Sold March 22, 2013

Last sale price $265,000 $265 Per Sq Ft

Est. 296% increase in value since last sale

Current estimated payment $6,223/month

9 Days on Market

Highlights

  • Family Room with Fireplace
  • Dining Room
  • 1-Story Property
  • Menlo-Atherton High School Rated A
  • Fenced

About This Home

As of March 2013

Fixer Upper Home. Home Needs TLC. Large lot. Regular Sale. Potential for resale profit.

Last Agent to Sell the Property

Armando Arroyo

Casamerica Realty Inc License #01874570 Listed on: 02/28/2013

Casamerica Realty Inc

Last Buyer's Agent

Cliff Whearley

Golden Gate Sotheby's International Realty License #01788348

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,039

Year Built

  • Built in 1946

Lot Details

  • Fenced
  • Zoning described as R100

Home Design

  • Fixer Upper
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,000 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Dining Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Wall Furnace
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 062-222-100

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,039

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Property Condition: Fixer Upper
  • Age: 67
  • Sale Price Per Sq Ft: 265.00
  • Listing Class: Residential
  • Structure Sq Ft: 1000
  • Incorporated: Yes
  • Map Book Page: 791
  • Map Side Coordinate: 1
  • Map Top Coordinate: A
  • Thomas Bros Page: 791
  • Thomas Brothers: A1
  • Year Built: 1946
  • Zoning Description: R100
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Fireplace: Family Room, Wood Burning, Yes
  • Dining Room: No Formal Dining Room, No Informal Dining Room
  • Living Sq Ft: 1000
  • Stories: 1
  • Flooring: Carpet - Wall to Wall
  • Additional Rooms: Storage
  • Maximum Bathrooms: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Bathrooms: 1
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Pool - No
  • Yard/Grounds: Fenced

Garage/Parking

  • Garage Parking Features: Converted

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Schools

  • School District: Sequoia Union High

Lot Info

  • Parcel Number: 062-222-100
  • List Price per Sq Ft: 300.00
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5980.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 5980.00
  • Lot Size Area Min Search: 5980.00
  • Maximum Lot Size: 5980.00
  • Map Book: Thomas Bros

Rental Info

  • Current Rent: 1200

Multi Family

  • Maximum Building Height: 1
  • Minimum Building Height: 1

MLS Schools

  • High School District Text: Sequoia Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 11, 2015
Sold by
Mangalick Dinesh C and Mangalick Kusum
Bought by
The Mangalick Family Revocable Living Tr and Mangalick Kusum
Current Estimated Value
$1,049,914

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Outstanding Balance
$3,156,743
Interest Rate
3.97%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$2,106,829

Purchase Details

Listed on
Feb 28, 2013
Closed on
Mar 20, 2013
Sold by
Manzanares Victor and Manzanares Natalia
Bought by
Mangalick Dinesh C and Mangalick Kusum
Seller's Agent
Armando Arroyo
Casamerica Realty Inc
Buyer's Agent
Cliff Whearley
Golden Gate Sotheby's International Realty
List Price
$300,000
Sold Price
$265,000
Premium/Discount to List
-$35,000
-11.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.70%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
The Mangalick Family Revocable Living Tr -- Old Republic Title Company
Mangalick Dinesh C $265,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mangalick Dinesh C $569,500
Closed Mangalick Dinesh C $585,000
Closed Mangalick Dinesh C $400,000
Open The Mangalick Family Revocable Living Tr $4,000,000
Previous Owner Manzanares Victor $100,000
Previous Owner Manzanares Victor $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2013 03/22/13 Sold $265,000 -11.7% $265 / Sq Ft
03/09/2013 03/09/13 Pending -- -- --
02/28/2013 02/28/13 For Sale $300,000 -- $300 / 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 $6,039 $329,985 $184,707 $145,278
2023 $6,039 $317,175 $177,536 $139,639
2022 $5,594 $310,957 $174,055 $136,902
2021 $5,466 $304,862 $170,643 $134,219
2020 $5,351 $301,738 $168,894 $132,844
2019 $5,313 $295,824 $165,583 $130,241
2018 $5,184 $290,025 $162,337 $127,688
2017 $4,974 $284,339 $159,154 $125,185
2016 $4,931 $278,765 $156,034 $122,731
2015 $4,820 $274,580 $153,691 $120,889
2014 $4,677 $269,203 $150,681 $118,522
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2013

    Armando Arroyo

    Casamerica Realty Inc

    Section Image

  • C

    Buyer's Agent in 2013

    Cliff Whearley

    Golden Gate Sotheby's International Realty

    Section Image
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Map

Source: MLSListings

MLS Number: ML81306113

MLSListings

APN: 062-222-100

California San Mateo County East Palo Alto 94303

1027 Laurel Ave, East Palo Alto, CA

This home is located at 1027 Laurel Ave, East Palo Alto, CA 94303 since 28 February 2013 and is currently estimated at $1,049,914, approximately $1,049 per square foot. This property was built in 1946. 1027 Laurel Ave is a home located in San Mateo County with nearby schools including Menlo-Atherton High School, KIPP Valiant Community Prep, and La Scuola International Silicon Valley.

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