NOT LISTED FOR SALE

11 Buchanan Ct East Palo Alto, CA 94303

Estimated Value: $1,077,000 - $1,371,556

4 Beds
2 Baths
1,990 Sq Ft
$605/Sq Ft Est. Value

Last Sold February 08, 2013

Last sale price $320,000 $161 Per Sq Ft

Est. 276% increase in value since last sale

Current estimated payment $6,968/month

2 Days on Market

Highlights

  • Post and Beam
  • Neighborhood Views
  • Carpet
  • Menlo-Atherton High School Rated A
  • Level Lot
  • 1-Story Property

About This Home

As of February 2013

Multi Family unit for sale

Last Agent to Sell the Property

James Hustler

Stevensen & Neal Realtors License #01075369 Listed on: 07/27/2012

Last Buyer's Agent

Nasser Kazemi

Stevensen & Neal Realtors License #00601144

Stevensen & Neal Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,698

Year Built

  • 1960

Lot Details

  • 5,968

Parking

  • Private Parking

Home Design

  • Duplex
  • Post and Beam
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Carpet
  • Neighborhood Views
  • Oven or Range

Utilities

  • Wall Furnace
  • Sewer Within 50 Feet

Additional Features

  • Energy-Efficient Insulation
  • Level Lot

Listing and Financial Details

  • Total Actual Rent $36,000

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,200
  • Operating Expense $8,968
  • Gross Income $36,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,698

Year Built

1960

Lot Details

0

Listing Details

  • Zoning: R200
  • Subclass: Duplex
  • Age: 53
  • Inspections Reports: Flood Zone
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Special Features: 12
  • Property Sub Type: MultiFamily
  • Year Built: 1960

Interior Features

  • Kitchen: Oven Range, Refrigerator
  • Stories: 1
  • Laundry: Laundry Area - In All Units
  • Flooring: Carpet

Exterior Features

  • Foundation: Post And Beam
  • Roof: Composition
  • View: Local/Neighborhood

Garage/Parking

  • Garage Parking Features: Private / Exclusive

Utilities

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

Schools

  • School District: Sequoia Union High

Lot Info

  • Lot Description: Grade - Level
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6860.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 6860.00
  • Lot Size Area Min Search: 6860.00
  • Maximum Lot Size: 6860.00

Green Features

  • Energy Features: Insulation - Unknown

Rental Info

  • Existing Lease Term(s): 1 Year Lease
  • Gross Rent Multiplier: 9.72

Multi Family

  • Expense Insurance: 1200
  • Expenses Total: 8968
  • Income Annual Gross: 36000.00
  • Income Annual Rental: 36000
  • Income Gross Scheduled: 36000
  • Income Includes: Lease
  • Maximum Building Height: 1
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Minimum Building Height: 1
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax
  • Tenant Expenses: Utilities - Gas, Utilities - Water, Utilities - Heating, Utilities - Electric, Services - Trash Removal

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 13, 2020
Sold by
Mazouchi and Rategh
Bought by
Mazouchi and Rategh
Current Estimated Value
$1,203,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$789,750
Outstanding Balance
$703,999
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$442,687

Purchase Details

Closed on
Nov 6, 2015
Sold by
Mazouchi Ali and Rategh Hamid
Bought by
Mazuchi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.9%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jul 27, 2012
Closed on
Feb 5, 2013
Sold by
Campbell Edward E and Gutierrez Jose
Bought by
Mazouchi Ali and Rategh Hamid
Seller's Agent
James Hustler
Stevensen & Neal Realtors
Buyer's Agent
Nasser Kazemi
Stevensen & Neal Realtors
List Price
$350,000
Sold Price
$320,000
Premium/Discount to List
-$30,000
-8.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.65%
Original Mortgage
$240,000
Interest Rate
3.32%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 27, 2012
Closed on
Feb 4, 2013
Sold by
Estaki Leila
Bought by
Rategh Hamid
Seller's Agent
James Hustler
Stevensen & Neal Realtors
Buyer's Agent
Nasser Kazemi
Stevensen & Neal Realtors
List Price
$350,000
Sold Price
$320,000
Premium/Discount to List
-$30,000
-8.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
3.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2006
Sold by
Whyte George J and Whyte Eva
Bought by
Campbell Edward E and Gutierrez Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 8, 2006
Sold by
Campbell Kinisha Mills
Bought by
Campbell Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 24, 2004
Sold by
Whyte George J
Bought by
Whyte George J and Whyte Eva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,550
Interest Rate
5.46%
Mortgage Type
New Conventional
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
Mazouchi -- Chicago Title Company
Mazuchi -- Old Republic Title Company
Mazouchi Ali -- Old Republic Title Company
Mazouchi Ali $320,000 Old Republic Title Company
Rategh Hamid -- Old Republic Title Company
Campbell Edward E $500,000 Fidelity National Title Co
Campbell Michael -- Fidelity National Title Co
Gutierrez Jose -- Fidelity National Title Co
Whyte George J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mazouchi $789,750
Closed Mazouchi Ali $417,000
Previous Owner Mazouchi Ali $240,000
Previous Owner Campbell Edward E $400,000
Previous Owner Whyte George J $210,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2013 02/08/13 Sold $320,000 -8.6% $161 / Sq Ft
07/29/2012 07/29/12 Pending -- -- --
07/27/2012 07/27/12 For Sale $350,000 -- $176 / 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 $6,698 $394,045 $270,907 $123,138
2023 $6,698 $378,746 $260,389 $118,357
2022 $6,180 $371,321 $255,284 $116,037
2021 $6,063 $364,041 $250,279 $113,762
2020 $5,971 $360,309 $247,713 $112,596
2019 $5,983 $353,245 $242,856 $110,389
2018 $5,844 $346,320 $238,095 $108,225
2017 $5,665 $339,530 $233,427 $106,103
2016 $5,703 $332,873 $228,850 $104,023
2015 $5,640 $327,874 $225,413 $102,461
2014 $5,515 $321,452 $220,998 $100,454
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81228316

MLSListings

APN: 063-263-200