NOT LISTED FOR SALE

1194 Saratoga Ave East Palo Alto, CA 94303

Estimated Value: $1,107,000 - $1,324,527

4 Beds
3 Baths
1,020 Sq Ft
$1,174/Sq Ft Est. Value

Last Sold August 15, 2019

Last sale price $960,000 $941 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $7,691/month

43 Days on Market

Highlights

  • Balcony
  • Eat-In Kitchen
  • Back Yard
  • Menlo-Atherton High School Rated A
  • Wood Fence

About This Home

As of August 2019

This property has great potential for investors or live in one unit and rent out the other for income. First unit is a single story family 3 bedroom/2 bath with updates through-out the home. The second unit features an Accessory Dwelling Unit (ADU) above the main home 3-car garage. Two car garage for main home and 1 car for ADU. In addition, the ADU has a separate mailing address, entrance and is separately metered. The kitchen in the main home was remodeled in 2005/06. At the time, the majority of the floor coverings were also updated with laminate. You can live in the main home and collect rental income from the ADU or rent both units for investment property. Public records indicate all work and improvements were completed with permits, please confirm permit status. Please respect showing instructions by not disturbing the occupants/tenants. Property showings: Monday, 6/03 from 11am-2pm only. All offers will be reviewed on Wednesday, 6/05 at 2pm.

Last Agent to Sell the Property

Carla Hudson

Intero Real Estate Services License #01473976 Listed on: 05/26/2019

Intero Real Estate Services

Last Buyer's Agent

Carla Hudson

Intero Real Estate Services License #01473976 Listed on: 05/26/2019

Intero Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,121

Year Built

  • Built in 1950

Lot Details

  • 5,798 Sq Ft Lot
  • Wood Fence
  • Back Yard
  • Zoning described as R10006

Parking

  • 3 Car Garage

Home Design

  • Composition Roof

Interior Spaces

  • 1,020 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring
  • Crawl Space
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Balcony

Utilities

  • Wall Furnace
  • Individual Gas Meter

Listing and Financial Details

  • Assessor Parcel Number 062-122-330

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,121

Year Built

Built in 1950

Lot Details

0

Parking

3

Listing Details

  • Subclass: Single Family Home
  • Age: 69
  • Listing Class: Residential
  • Structure Sq Ft: 1020
  • Year Built: 1950
  • Zoning Description: R10006
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Dining Room: Eat in Kitchen
  • Living Sq Ft: 1020
  • Stories: 2
  • Flooring: Laminate
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bedrooms: 4

Exterior Features

  • Foundation: Crawl Space
  • Roof: Composition
  • Yard/Grounds: Back Yard, Balcony / Patio
  • Fencing: Wood

Garage/Parking

  • Garage Spaces: 3
  • Garage Max: 3
  • Garage Min: 3
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Sequoia Union High

Lot Info

  • Parcel Number: 062-122-330
  • Lot Acres: 0.1331
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5800.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5800.00

Multi Family

  • Utilities: Individual Gas Meters

MLS Schools

  • High School District Text: Sequoia Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 23, 2022
Sold by
Mothers For Equal Education
Bought by
Wilks Lapria
Current Estimated Value
$1,197,882

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,850
Outstanding Balance
$482,436
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$715,446

Purchase Details

Listed on
May 26, 2019
Closed on
Jun 28, 2019
Sold by
Hendrix Naja
Bought by
Mothers For Equal Education
Seller's Agent
Carla Hudson
Intero Real Estate Services
Buyer's Agent
Carla Hudson
Intero Real Estate Services
List Price
$960,000
Sold Price
$960,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.73%
Original Mortgage
$500,000
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 9, 2001
Sold by
Wilks Gertrude
Bought by
Wilks Gertrude W
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wilks Lapria $523,000 Fidelity National Title
Mothers For Equal Education $960,000 First American Title Company
Wilks Gertrude W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilks Lapria $496,850
Previous Owner Mothers For Equal Education $500,000
Previous Owner Wilks Gertrude W $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2019 08/15/19 Sold $960,000 0.0% $941 / Sq Ft
07/09/2019 07/09/19 Pending -- -- --
05/26/2019 05/26/19 For Sale $960,000 -- $941 / 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 $14,121 $1,066,410 $743,886 $322,524
2023 $14,121 $1,025,000 $715,000 $310,000
2022 $13,000 $989,341 $571,963 $417,378
2021 $12,723 $969,944 $560,749 $409,195
2020 $12,522 $960,000 $555,000 $405,000
2019 $3,300 $121,515 $9,834 $111,681
2018 $3,203 $119,134 $9,642 $109,492
2017 $3,064 $116,799 $9,453 $107,346
2016 $3,100 $114,510 $9,268 $105,242
2015 $3,021 $112,791 $9,129 $103,662
2014 $2,765 $110,583 $8,951 $101,632
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81753669

MLSListings

APN: 062-122-330