1040 Newbridge St East Palo Alto, CA 94303
Estimated Value: $801,000 - $1,228,000
3
Beds
1.5
Baths
1,020
Sq Ft
$1,017/Sq Ft
Est. Value
Highlights
- Marble Bathroom Countertops
- Eat-In Kitchen
- Tile Countertops
- Menlo-Atherton High School Rated A
- Double Pane Windows
- Laundry Room
About This Home
As of November 2016Welcome Home! Near Facebook Headquarters!! This lovely home features 3 bedrooms, 2 baths - 3rd bedroom was slightly modified with a kitchen setup, Must see to appreciate!! 1,020 sq.ft home, 6,000 sq.ft lot, offers plenty of room to expand and suitable for entertaining family and friends! enjoy the cozy living room with arches and beautiful wood laminate flooring, excellent lighting throughout the home, well designed with some remodeling and upgrades, double pane windows, nice kitchen with recessed lighting, updated bathrooms,. this property is in the heart of the Silicon Valley, near downtown Palo Alto, easy access to Highway 101, near schools and public transportation. Don't miss this fantastic opportunity!
Last Agent to Sell the Property
Consuelo Espinosa
RE/MAX Grupe Gold License #01703291 Listed on: 09/08/2016
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,970
Year Built
- Built in 1954
Lot Details
- 6,011 Sq Ft Lot
- Fenced
- Grass Covered Lot
- Back Yard
- Zoning described as R10006
Home Design
- Slab Foundation
- Composition Roof
Interior Spaces
- 1,020 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Double Pane Windows
- Dining Area
- Laminate Flooring
- Alarm System
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Gas Oven
- Gas Cooktop
- Tile Countertops
Bedrooms and Bathrooms
- 3 Bedrooms
- Marble Bathroom Countertops
- Granite Bathroom Countertops
- Walk-in Shower
Laundry
- Laundry Room
- Washer and Dryer
Parking
- 2 Parking Spaces
- 2 Carport Spaces
Utilities
- Wall Furnace
- Sewer Within 50 Feet
Listing and Financial Details
- Assessor Parcel Number 062-126-040
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 17, 2023
Sold by
Chiu Michael
Bought by
1040 Newbridge Llc
Total Days on Market
24
Current Estimated Value
Purchase Details
Listed on
Sep 8, 2016
Closed on
Nov 14, 2016
Sold by
Yih Chih Ann
Bought by
Chiu Michael
Seller's Agent
Consuelo Espinosa
RE/MAX Grupe Gold
Buyer's Agent
Arlene Chui
Coldwell Banker Realty
List Price
$812,500
Sold Price
$750,000
Premium/Discount to List
-$62,500
-7.69%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.87%
Original Mortgage
$521,500
Interest Rate
3.42%
Mortgage Type
New Conventional
Purchase Details
Listed on
Sep 8, 2016
Closed on
Oct 21, 2016
Sold by
Garcia Alfonso and Mendoza Erika
Bought by
Chiu Michael
Seller's Agent
Consuelo Espinosa
RE/MAX Grupe Gold
Buyer's Agent
Arlene Chui
Coldwell Banker Realty
List Price
$812,500
Sold Price
$750,000
Premium/Discount to List
-$62,500
-7.69%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$521,500
Interest Rate
3.42%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 16, 2008
Sold by
Homesales Inc
Bought by
Garcia Alfonso and Mendoza Erika
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,656
Interest Rate
6.39%
Mortgage Type
FHA
Purchase Details
Closed on
Feb 1, 2008
Sold by
Alsibai Bisher A
Bought by
Chase Home Finance Llc
Purchase Details
Closed on
May 4, 2006
Sold by
Alsibai Bisher A
Bought by
Alsibai Bisher A and Alsibai Lina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.41%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
May 3, 2006
Sold by
Alsibai Lina
Bought by
Alsibai Bisher A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.41%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
May 2, 2006
Sold by
Pellinen Chavez Teresa Esteri
Bought by
Alsibai Bisher A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.41%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Feb 4, 2006
Sold by
Pellinen Donald Gary and Pellinene Marie Elena
Bought by
Pellinen Chavez Teresa Esteri
Purchase Details
Closed on
Oct 25, 2000
Sold by
Gomez T Ramon and Espinoza Efran
Bought by
Pellinen Donald G and Pellinen Maria
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
7.86%
Purchase Details
Closed on
Dec 3, 1998
Sold by
Hernandez Luisa Madriz
Bought by
Espinoza Efren
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
6.82%
Mortgage Type
Unknown
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 1040 Newbridge Llc | -- | None Listed On Document | |
| Chiu Michael | -- | Cornerstone Title Co | |
| Chiu Michael | $750,000 | Cornerstone Title Co | |
| Garcia Alfonso | $350,000 | Chicago Title Company | |
| Homesales Inc | -- | Chicago Title Company | |
| Chase Home Finance Llc | $459,156 | None Available | |
| Alsibai Bisher A | -- | First American Title Company | |
| Alsibai Bisher A | -- | First American Title Company | |
| Alsibai Bisher A | -- | First American Title Company | |
| Pellinen Chavez Teresa Esteri | -- | First American Title | |
| Pellinen Donald G | $340,000 | Old Republic Title Company | |
| Espinoza Efren | -- | North American Title Insuran | |
| Gomez T Ramon | -- | North American Title Insuran | |
| Gomez T Ramon | $229,000 | North American Title Insuran |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Chiu Michael | $521,500 | |
| Previous Owner | Garcia Alfonso | $98,552 | |
| Previous Owner | Garcia Alfonso | $336,656 | |
| Previous Owner | Alsibai Bisher A | $130,000 | |
| Previous Owner | Alsibai Bisher A | $520,000 | |
| Previous Owner | Pellinen Donald G | $121,000 | |
| Previous Owner | Pellinen Donald G | $130,000 | |
| Previous Owner | Mikles Jim | $10,000 | |
| Previous Owner | Gomez T Ramon | $222,100 | |
| Previous Owner | Taylor Helen M | $182,991 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/22/2016 11/22/16 | Sold | $750,000 | -7.7% | $735 / Sq Ft |
| 10/03/2016 10/03/16 | Pending | -- | -- | -- |
| 09/08/2016 09/08/16 | For Sale | $812,500 | -- | $797 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
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 | $11,970 | $836,635 | $669,309 | $167,326 |
| 2022 | $11,149 | $820,232 | $656,186 | $164,046 |
| 2021 | $10,908 | $804,150 | $643,320 | $160,830 |
| 2020 | $10,729 | $795,905 | $636,724 | $159,181 |
| 2019 | $10,712 | $780,300 | $624,240 | $156,060 |
| 2018 | $10,491 | $765,000 | $612,000 | $153,000 |
| 2017 | $10,086 | $750,000 | $600,000 | $150,000 |
| 2016 | $5,977 | $380,732 | $299,148 | $81,584 |
| 2015 | $5,847 | $375,014 | $294,655 | $80,359 |
| 2014 | $5,682 | $367,669 | $288,884 | $78,785 |
Source: Public Records
Agents Affiliated with this Home
-
C
Seller's Agent in 2016
Consuelo Espinosa
RE/MAX Grupe Gold
-
Arlene Chui
Buyer's Agent in 2016
Arlene Chui
Coldwell Banker Realty
(408) 828-5456
2 in this area
22 Total Sales
Map
Source: MLSListings
MLS Number: ML81613433
APN: 062-126-040
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Property Information © 2025 MLSListings Inc. All rights reserved. Listing information is deemed reliable but not guaranteed. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSListings Inc. The viewer acknowledges ownership and validity of its copyright. Information provided is for personal, non-commercial use by a viewer with a bona fide interest in the purchase or sale of real estate of the type being offered via this website or other electronic means. The viewer is prohibited from copying, redistributing or retransmitting any of the data or information provided by MLSListing, Inc.
Nearby Homes
- 2301 Poplar Ave
- 1120 Alberni St
- 2256 Poplar Ave
- 1221 Westminster Ave
- 2284 Dumbarton Ave
- 1146 Carlton Ave
- 2336 Palo Verde Ave
- 315 Garden St
- 2389 Glen Way
- 2160 Menalto Ave
- 1150 Sevier Ave
- 1251 Madera Ave
- 2547 Hazelwood Way
- 2271 Euclid Ave
- 2154 Dumbarton Ave
- 1135 Sevier Ave
- 1327 Madera Ave
- 206 Donohoe St
- 1359 Madera Ave
- 1320 Windermere Ave
- 1040 Newbridge St
- 1044 Newbridge St
- 1036 Newbridge St
- 1124 Mello St
- 1028 Newbridge St
- 2291 Menalto Ave
- 2298 Menalto Ave
- 1145 Mello St
- 1035 Newbridge St
- 1133 Mello St
- 1108 Newbridge St
- 1103 Newbridge St
- 1123 Mello St
- 2294 Menalto Ave
- 1087 Bay Rd
- 1174 Laurel Ave
- 1027 Newbridge St
- 1184 Laurel Ave
- 1107 Newbridge St
- 1112 Newbridge St