NOT LISTED FOR SALE

1145 Laurel Ave East Palo Alto, CA 94303

Estimated Value: $994,000 - $1,242,651

3 Beds
2 Baths
1,650 Sq Ft
$687/Sq Ft Est. Value

Last Sold November 19, 2014

Last sale price $459,000 $278 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $6,638/month

17 Days on Market

Highlights

  • Contemporary Architecture
  • Bonus Room
  • Tile Flooring
  • Menlo-Atherton High School Rated A
  • Eat-In Kitchen
  • Open Floorplan

About This Home

As of November 2014

Large property ideal for a big family, Nicely kept tile floors and newer cabinets in the kitchen. Great area close to bus lines and easy access to 101. Or great investment property current tenants are paying $2,400 month to month and are willing to stay. Walk to shops & restaurants plaza and to the schools. Home has a second LR or family Rm & office Permits unknown

Last Agent to Sell the Property

John Reese

Intero Real Estate Services License #00838479 Listed on: 10/24/2014

Intero Real Estate Services

Last Buyer's Agent

Cliff Whearley

Golden Gate Sotheby's International Realty License #01788348

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,472

Year Built

  • Built in 1952

Lot Details

  • Zoning described as R1

Parking

  • 1 Carport Space

Home Design

  • Contemporary Architecture
  • Tar and Gravel Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,650 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Open Floorplan
  • Bonus Room
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Wall Furnace
  • 220 Volts
  • Sewer Within 50 Feet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 062-124-080

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,472

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Style: Contemporary
  • Sale Price Per Sq Ft: 278.18
  • Listing Class: Residential
  • Structure Sq Ft: 1650
  • 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: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Living Room, Wood Burning, Yes
  • Dining Room: Dining Area in Living Room, Dining Area in Family Room, Breakfast Bar, Eat in Kitchen
  • Kitchen: Refrigerator, 220 Volt Outlet
  • Living Sq Ft: 1650
  • Stories: 1
  • Laundry: In Laundry Room, 220 Volt Outlet
  • Flooring: Tile
  • Additional Rooms: Bonus / Hobby Room
  • Maximum Bathrooms: 2
  • Minimum Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Pool Description: Pool - No
  • Roof: Tar and Gravel
  • Exterior: Wood

Garage/Parking

  • Carport Max: 1
  • Carport Min: 1

Utilities

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

Lot Info

  • Parcel Number: 062-124-080
  • List Price per Sq Ft: 260.00
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5800.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 5800.00
  • Lot Size Area Min Search: 5800.00
  • Maximum Lot Size: 5800.00
  • Map Book: Thomas Bros

Green Features

  • Energy Features: Insulated Water Heater, Ceiling Fan(s)

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

Closed on
Oct 29, 2021
Sold by
Mangalick Family Revocable Living Trust and Mangalick Dinesh C
Bought by
Mangalick Family Revocable Living Trust and Mangalick
Current Estimated Value
$1,133,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$566,500
Outstanding Balance
$518,301
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$614,862

Purchase Details

Listed on
Oct 24, 2014
Closed on
Nov 14, 2014
Sold by
Villanueva Leonel F
Bought by
Mangalick Family Revocable Living Trust and Mangalick Kusum
Seller's Agent
John Reese
Intero Real Estate Services
Buyer's Agent
Cliff Whearley
Golden Gate Sotheby's International Realty
List Price
$429,000
Sold Price
$459,000
Premium/Discount to List
$30,000
6.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.60%

Purchase Details

Closed on
Jun 2, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Villanueva Leonel F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,200
Interest Rate
4.82%
Mortgage Type
FHA

Purchase Details

Closed on
May 5, 2008
Sold by
Castillo Reynaldo
Bought by
Deutsche Bank National Trust Co

Purchase Details

Closed on
Mar 10, 2008
Sold by
Castillo Reynaldo
Bought by
C & Financial Inc

Purchase Details

Closed on
Dec 11, 2007
Sold by
Castillo Reynaldo
Bought by
Atherton Holding Co

Purchase Details

Closed on
Aug 17, 2006
Sold by
Castillo Maria E
Bought by
Castillo Reynaldo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
6.7%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 24, 2005
Sold by
Singh Sarwan and Singh Amy
Bought by
Castillo Maria E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
5.75%
Mortgage Type
Fannie Mae Freddie Mac
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
Mangalick Family Revocable Living Trust -- Orange Coast Title
Mangalick Family Revocable Living Trust $459,000 Fidelity National Title Co
Villanueva Leonel F $265,000 Fidelity Natl Title Co Of Ca
Deutsche Bank National Trust Co $355,000 None Available
C & Financial Inc -- None Available
Atherton Holding Co -- None Available
Castillo Reynaldo $740,000 Alliance Title Company
Castillo Maria E $600,000 Alliance Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mangalick Family Revocable Living Trust $566,500
Previous Owner Villanueva Leonel F $260,200
Previous Owner Castillo Reynaldo $148,000
Previous Owner Castillo Reynaldo $592,000
Previous Owner Castillo Maria E $480,000
Closed Castillo Maria E $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2014 11/19/14 Sold $459,000 +7.0% $278 / Sq Ft
11/10/2014 11/10/14 Pending -- -- --
10/24/2014 10/24/14 For Sale $429,000 -- $260 / 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 $8,472 $551,640 $275,820 $275,820
2023 $8,472 $530,220 $265,110 $265,110
2022 $7,872 $519,824 $259,912 $259,912
2021 $7,698 $509,632 $254,816 $254,816
2020 $7,557 $504,408 $252,204 $252,204
2019 $7,527 $494,518 $247,259 $247,259
2018 $7,360 $484,822 $242,411 $242,411
2017 $7,070 $475,316 $237,658 $237,658
2016 $6,994 $465,998 $232,999 $232,999
2015 $6,848 $459,000 $229,500 $229,500
2014 $4,778 $278,376 $139,188 $139,188
Source: Public Records

Agents Affiliated with this Home

  • John Reese

    Seller's Agent in 2014

    John Reese

    Intero Real Estate Services

    (650) 207-2318

    21 Total Sales

    John Reese
    Section Image

  • C

    Buyer's Agent in 2014

    Cliff Whearley

    Golden Gate Sotheby's International Realty

    Section Image
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Map

Source: MLSListings

MLS Number: ML81438278

MLSListings

APN: 062-124-080

California San Mateo County East Palo Alto 94303

1145 Laurel Ave, East Palo Alto, CA

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