NOT LISTED FOR SALE

1042 Colorado Place Palo Alto, CA 94303

Midtown Palo Alto Neighborhood

Estimated Value: $1,683,443 - $2,295,000

2 Beds
3 Baths
1,572 Sq Ft
$1,216/Sq Ft Est. Value

About This Home

This home is located at 1042 Colorado Place, Palo Alto, CA 94303 and is currently estimated at $1,911,611, approximately $1,216 per square foot. 1042 Colorado Place is a home located in Santa Clara County with nearby schools including Palo Verde Elementary School, Jane Lathrop Stanford Middle School, and Palo Alto High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2015
Sold by
Vats Saurabh and Vats Neera
Bought by
The Vats Family Trust
Current Estimated Value
$1,879,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2014
Sold by
Vats Saurabh and Vats Neera
Bought by
Vats Saurabh and Vats Neera

Purchase Details

Closed on
May 5, 2010
Sold by
Cho Pyounguk and Park Heejeong
Bought by
Vats Saurabh and Sharma Neera

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,400
Interest Rate
5.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 5, 2004
Sold by
Weinhardt Klaus K
Bought by
Cho Pyounguk and Park Heejeong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,000
Interest Rate
5.12%
Mortgage Type
Assumption
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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 Vats Family Trust -- First American Title Company
Vats Saurabh -- First American Title Company
Vats Saurabh -- None Available
Vats Saurabh -- Old Republic Title Company
Cho Pyounguk $515,000 Financial Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vats Saurabh $748,874
Closed Vats Saurabh $760,000
Closed Vats Saurabh $487,000
Closed Vats Saurabh $519,000
Closed Vats Saurabh $570,400
Previous Owner Cho Pyounguk $430,000
Previous Owner Cho Pyounguk $275,000
Previous Owner Cho Pyounguk $412,000
Previous Owner Weinhardt Klaus K $250,000
Source: Public Records

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
2024 $11,570 $902,300 $451,150 $451,150
2023 $11,398 $884,608 $442,304 $442,304
2022 $11,261 $867,264 $433,632 $433,632
2021 $11,040 $850,260 $425,130 $425,130
2020 $10,824 $841,542 $420,771 $420,771
2019 $10,701 $825,042 $412,521 $412,521
2018 $10,421 $808,866 $404,433 $404,433
2017 $10,238 $793,006 $396,503 $396,503
2016 $9,966 $777,458 $388,729 $388,729
2015 $9,865 $765,780 $382,890 $382,890
2014 -- $750,780 $375,390 $375,390
Source: Public Records

Map

California Santa Clara County Palo Alto 94303 Midtown Palo Alto

1042 Colorado Place, Palo Alto, CA

This home is located at 1042 Colorado Place, Palo Alto, CA 94303 and is currently estimated at $1,911,611, approximately $1,216 per square foot. 1042 Colorado Place is a home located in Santa Clara County with nearby schools including Palo Verde Elementary School, Jane Lathrop Stanford Middle School, and Palo Alto High School.

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.

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