NOT LISTED FOR SALE

1028 Laurel Ave East Palo Alto, CA 94303

Estimated Value: $1,051,000 - $1,296,507

3 Beds
1.5 Baths
1,250 Sq Ft
$935/Sq Ft Est. Value

Last Sold August 15, 2014

Last sale price $551,000 $441 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $7,168/month

8 Days on Market

Highlights

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

About This Home

As of August 2014

Great investment or Starter home!Beautiful remodeled home near Facebook campus.Lovely living rm w/cozy wood burning fireplace.New Kitchen w/granite counters.New stainless steel appliances.Hardwood flr.Freshly remodeled bath Rm.Low maintained Lr back yard w/storage.Lr front yard w/plenty of parking space in the driveway.Close Hi-tech companies,schools,restaurants...Ez access 101 freeway

Last Agent to Sell the Property

Mimi Du

Realty World-SVI Group License #01304977 Listed on: 07/11/2014

Realty World-SVI Group

Last Buyer's Agent

Andrew Griscom

Griscom Properties License #00691926

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,607

Year Built

  • Built in 1952

Lot Details

  • Zoning described as R100

Parking

  • 2 Car Garage

Home Design

  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,250 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Separate Family Room
  • Living Room with Fireplace
  • Dining Room

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Heating System Uses Gas
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 062-242-220

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,607

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 62
  • Sale Price Per Sq Ft: 440.80
  • Listing Class: Residential
  • Structure Sq Ft: 1250
  • Incorporated: Yes
  • Map Book Page: 791
  • Map Side Coordinate: 1
  • Map Top Coordinate: A
  • Thomas Bros Page: 791
  • Thomas Brothers: A1
  • Year Built: 1952
  • Zoning Description: R100
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room, Wood Burning, Yes
  • Dining Room: No Formal Dining Room, No Informal Dining Room
  • Living Sq Ft: 1250
  • Stories: 1
  • Flooring: Carpet - Area, Hardwood - Partial
  • Maximum Bathrooms: 2
  • Maximum Numberof Bedrooms: 3
  • Minimum Bathrooms: 2
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Pool - No
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Gas
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Schools

  • School District: Sequoia Union High

Lot Info

  • Parcel Number: 062-242-220
  • List Price per Sq Ft: 439.20
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6450.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 6450.00
  • Lot Size Area Min Search: 6450.00
  • Maximum Lot Size: 6450.00
  • Map Book: Thomas Bros

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

Listed on
Jul 11, 2014
Closed on
Jul 25, 2014
Sold by
Lam Michael Kwong Yuen and Lam Christina Sui Wah Tse
Bought by
Garcelon Robert T and Garcelon Andromeda M
Seller's Agent
Mimi Du
Realty World-SVI Group
Buyer's Agent
Andrew Griscom
Griscom Properties
List Price
$549,000
Sold Price
$551,000
Premium/Discount to List
$2,000
0.36%
Total Days on Market
8
Current Estimated Value
$1,168,627

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$617,627
Avg. Annual Appreciation
7.05%
Original Mortgage
$386,000
Outstanding Balance
$295,180
Interest Rate
4.11%
Mortgage Type
New Conventional
Estimated Equity
$873,447

Purchase Details

Closed on
Aug 30, 2011
Sold by
Lam Michael Kwong Yuen and Lam Christina Sui Wah Tse
Bought by
Lam Michael Kwong Yuen and Lam Christina Sui Wah Tse

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,000
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 11, 2008
Sold by
Wells Fargo Bank Na
Bought by
Lam Michael Kwong Yuen and Lam Christina Sui Wah Tse

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,250
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 12, 2008
Sold by
Pulido Maria Arcelia
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Oct 25, 2006
Sold by
Bryant Audrey
Bought by
Pulido Maria Arcelia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.02%
Mortgage Type
Stand Alone Second
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
Garcelon Robert T $551,000 Old Republic Title Company
Lam Michael Kwong Yuen -- Fidelity National Title Co
Lam Michael Kwong Yuen $275,000 Chicago Title Company
Wells Fargo Bank Na $389,520 None Available
Pulido Maria Arcelia $625,000 Ticor Title Company Of Ca
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcelon Robert T $386,000
Previous Owner Lam Michael Kwong Yuen $199,000
Previous Owner Lam Michael Kwong Yuen $206,250
Previous Owner Pulido Maria Arcelia $125,000
Previous Owner Pulido Maria Arcelia $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2014 08/18/14 Off Market $551,000 -- --
08/15/2014 08/15/14 Sold $551,000 +0.4% $441 / Sq Ft
07/19/2014 07/19/14 Pending -- -- --
07/11/2014 07/11/14 For Sale $549,000 -- $439 / 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 $9,607 $662,210 $331,105 $331,105
2023 $9,607 $636,498 $318,249 $318,249
2022 $8,932 $624,018 $312,009 $312,009
2021 $8,735 $611,784 $305,892 $305,892
2020 $8,581 $605,512 $302,756 $302,756
2019 $8,554 $593,640 $296,820 $296,820
2018 $8,368 $582,000 $291,000 $291,000
2017 $8,039 $570,590 $285,295 $285,295
2016 $7,946 $559,402 $279,701 $279,701
2015 $7,782 $551,000 $275,500 $275,500
2014 $4,951 $294,132 $183,834 $110,298
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Mimi Du

    Realty World-SVI Group

    Section Image

  • A

    Buyer's Agent in 2014

    Andrew Griscom

    Griscom Properties

    (650) 796-1000

    2 Total Sales

    Andrew Griscom
    Section Image
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Map

Source: MLSListings

MLS Number: ML81424725

MLSListings

APN: 062-242-220

California San Mateo County East Palo Alto 94303

1028 Laurel Ave, East Palo Alto, CA

This home is located at 1028 Laurel Ave, East Palo Alto, CA 94303 since 11 July 2014 and is currently estimated at $1,168,627, approximately $934 per square foot. This property was built in 1952. 1028 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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