NOT LISTED FOR SALE

Estimated Value: $2,100,000 - $2,518,000

3 Beds
2 Baths
1,500 Sq Ft
$1,497/Sq Ft Est. Value

Last Sold October 20, 2023

Last sale price $1,905,000 $1,270 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $13,673/month

20 Days on Market

Highlights

  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Dining Area
  • Laurel Elementary School Rated A
  • Separate Family Room
  • Wood Burning Fireplace

About This Home

As of October 2023

Welcome to a rare opportunity with an updated SFH on a Multi-Family Dwelling lot! The sky is the limit to what you can do. Expand and add. This parcel features a main house (3b/1b), a charming cottage (1b/1b) and expansive yard space. Main house includes 3 spacious bedrooms, a bright living and dining area, a fully equipped recently updated kitchen and bathroom. The cottage is great for guests, a home office, or a creative studio. It's the perfect combination of comfort and versatility! Easy to add a 2nd bath or more sq. ft to both the main house and the cottage. Brand new European white Oak flooring and fresh paint throughout home. Additional amenities include new air conditioning and extra attic storage space. In close proximity to top-rated schools, luxury dining, and shopping. Downtown Palo Alto and Menlo Park is nearby. The perfect Mid Peninsula location. Right in the middle between San Francisco and Silicon Valley with all tech cos. nearby. Welcome home!

Last Agent to Sell the Property

Mariana Pappalardo

Compass License #01970137 Listed on: 09/08/2023

Compass

Last Buyer's Agent

Cecilia Mu

Real Brokerage Technologies License #01876480

Real Brokerage Technologies

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1946

Lot Details

  • 6,351 Sq Ft Lot
  • Zoning described as R10008

Parking

  • 1 Car Attached Garage

Home Design

  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,500 Sq Ft Home
  • Wood Burning Fireplace
  • Separate Family Room
  • Dining Area

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 062-041-110

Home Details

Home Type

Single Family

Year Built

Built in 1946

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 1500
  • Year Built: 1946
  • Zoning Description: R10008
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining Area
  • Living Sq Ft: 1500
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 1
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Parcel Number: 062-041-110
  • Lot Acres: 0.1458
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6350.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6350.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Sequoia Union High

Matterport 3D Tours

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2023
Closed on
Oct 19, 2023
Sold by
Wang Xinchen
Bought by
Jin Yutong
Seller's Agent
Mariana Pappalardo
Compass
Buyer's Agent
Cecilia Mu
Real Brokerage Technologies
List Price
$1,995,000
Sold Price
$1,905,000
Premium/Discount to List
-$90,000
-4.51%
Views
446
Current Estimated Value
$2,245,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$340,403
Avg. Annual Appreciation
7.44%
Original Mortgage
$1,410,000
Outstanding Balance
$1,377,055
Interest Rate
7.12%
Mortgage Type
New Conventional
Estimated Equity
$868,348

Purchase Details

Listed on
Sep 8, 2023
Closed on
Oct 12, 2023
Sold by
Zaveri Pinkesh Ashok
Bought by
Wang Xinchen and Jin Yutong
Seller's Agent
Mariana Pappalardo
Compass
Buyer's Agent
Cecilia Mu
Real Brokerage Technologies
List Price
$1,995,000
Sold Price
$1,905,000
Premium/Discount to List
-$90,000
-4.51%
Views
446

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,410,000
Outstanding Balance
$1,377,055
Interest Rate
7.12%
Mortgage Type
New Conventional
Estimated Equity
$868,348

Purchase Details

Listed on
Apr 27, 2015
Closed on
Jun 9, 2015
Sold by
Biser Margaret Elaine
Bought by
Zaveri Pinkesh Ashok
Seller's Agent
Terrell Slawson
Linwood Realty Inc.
Buyer's Agent
Sunny Kim
Compass
List Price
$1,199,000
Sold Price
$1,675,000
Premium/Discount to List
$476,000
39.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.55%
Original Mortgage
$1,304,000
Interest Rate
2.96%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jin Yutong -- Lawyers Title Company
Wang Xinchen -- Lawyers Title Company
Wang Xinchen $1,905,000 Lawyers Title Company
Zaveri Pinkesh Ashok $1,675,000 Cornerstone Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jin Yutong $1,410,000
Previous Owner Zaveri Pinkesh Ashok $1,304,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/20/2023 10/20/23 Sold $1,905,000 +2.4% $1,270 / Sq Ft
09/29/2023 09/29/23 Pending -- -- --
09/20/2023 09/20/23 Price Changed $1,860,000 -6.8% $1,240 / Sq Ft
09/08/2023 09/08/23 For Sale $1,995,000 +19.1% $1,330 / Sq Ft
06/12/2015 06/12/15 Sold $1,675,000 +39.7% $1,117 / Sq Ft View Prior Sale
05/06/2015 05/06/15 Pending -- -- --
04/27/2015 04/27/15 For Sale $1,199,000 -- $799 / Sq Ft
Source: MLSListings

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 $23,880 $1,943,100 $1,397,400 $545,700
2023 $23,880 $1,934,919 $1,620,714 $314,205
2022 $23,413 $1,896,981 $1,588,936 $308,045
2021 $22,870 $1,859,786 $1,557,781 $302,005
2020 $22,724 $1,840,717 $1,541,808 $298,909
2019 $22,403 $1,804,626 $1,511,577 $293,049
2018 $21,832 $1,769,242 $1,481,939 $287,303
2017 $21,480 $1,734,552 $1,452,882 $281,670
2016 $20,868 $1,700,543 $1,424,395 $276,148
2015 $2,697 $69,735 $30,586 $39,149
2014 $2,586 $68,370 $29,987 $38,383
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81941299

MLSListings

APN: 062-041-110