120 Abelia Way East Palo Alto, CA 94303
3
Beds
1
Bath
1,110
Sq Ft
6,778
Sq Ft Lot
Highlights
- Forced Air Heating System
- Family or Dining Combination
- Level Lot
- Menlo-Atherton High School Rated A
- Fenced
- Grass Covered Lot
About This Home
As of October 2024This hidden gem is primed for a transformation! While it has suffered partial fire damage, it offers a fantastic opportunity for an experienced investor or contractor. With a strong floor plan and a desirable location in a well-established neighborhood, the property holds immense potential. Located in East Palo Alto. Sorry, the NHD report was received on September 19, 2024. It is in a flood zone. The seller purchased this property seven years ago when it was not in a flood zone and never purchased flood insurance, too.. the home was listed for sale following a fire in August 2022. Photos reveal fire damage to the front and rear rooms, with ceiling debris scattered in the kitchen and family room, highlighting the need for repairing...
Last Listed By
Linda Guo
Morgan Real Estate License #01910353 Listed on: 09/17/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,387
Year Built
- Built in 1950
Lot Details
- 6,778 Sq Ft Lot
- Fenced
- Level Lot
- Grass Covered Lot
- Back Yard
- Zoning described as R10006
Parking
- 2 Car Garage
- On-Street Parking
Home Design
- Wood Frame Construction
- Composition Roof
- Stucco
Interior Spaces
- 1,110 Sq Ft Home
- 1-Story Property
- Family or Dining Combination
- Crawl Space
- Laundry in Garage
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Utilities
- Forced Air Heating System
Listing and Financial Details
- Assessor Parcel Number 063-561-280
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 17, 2024
Closed on
Oct 17, 2024
Sold by
Yin Xiwen and Yin Minghe
Bought by
Bear Flag Homes Llc
Seller's Agent
Linda Guo
Morgan Real Estate
List Price
$718,000
Sold Price
$706,000
Premium/Discount to List
-$12,000
-1.67%
Total Days on Market
5
Views
17
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,016
Avg. Annual Appreciation
16.03%
Purchase Details
Listed on
Sep 17, 2024
Closed on
Oct 1, 2024
Sold by
Bear Flag Homes Llc
Bought by
Start Capital Llc
Seller's Agent
Linda Guo
Morgan Real Estate
List Price
$718,000
Sold Price
$706,000
Premium/Discount to List
-$12,000
-1.67%
Views
17
Purchase Details
Closed on
Jan 25, 2024
Sold by
Yin Xiwen
Bought by
Yin Xiwen and Yin Minghe
Purchase Details
Closed on
May 19, 2017
Sold by
Arzate Mayra
Bought by
Yin Xiwen
Purchase Details
Closed on
Aug 8, 2011
Sold by
Fleming Simon
Bought by
Arzate Mayra
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,902
Interest Rate
3.25%
Mortgage Type
FHA
Similar Homes in East Palo Alto, CA
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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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $706,000 | Fidelity National Title Compan | |
| Grant Deed | $706,000 | Fidelity National Title Compan | |
| Grant Deed | $738,000 | Lawyers Title Company | |
| Grant Deed | $738,000 | Lawyers Title Company | |
| Gift Deed | -- | None Listed On Document | |
| Grant Deed | $760,000 | North American Title Co Inc | |
| Grant Deed | $280,000 | Old Republic Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $235,000 | New Conventional | |
| Previous Owner | $272,902 | FHA | |
| Previous Owner | $186,000 | Unknown | |
| Previous Owner | $170,000 | Negative Amortization | |
| Previous Owner | $95,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/25/2024 10/25/24 | Sold | $706,000 | -1.7% | $636 / Sq Ft |
| 09/23/2024 09/23/24 | Pending | -- | -- | -- |
| 09/17/2024 09/17/24 | For Sale | $718,000 | -- | $647 / 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 | $11,387 | $847,791 | $669,309 | $178,482 |
| 2022 | $10,588 | $831,169 | $656,186 | $174,983 |
| 2021 | $10,370 | $814,872 | $643,320 | $171,552 |
| 2020 | $10,221 | $806,517 | $636,724 | $169,793 |
| 2019 | $10,251 | $790,704 | $624,240 | $166,464 |
| 2018 | $10,054 | $775,200 | $612,000 | $163,200 |
| 2017 | $4,682 | $303,030 | $151,515 | $151,515 |
| 2016 | $4,677 | $297,090 | $148,545 | $148,545 |
| 2015 | $4,620 | $292,628 | $146,314 | $146,314 |
| 2014 | $4,528 | $286,896 | $143,448 | $143,448 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2024
Linda Guo
Morgan Real Estate
(408) 645-7141
2 in this area
13 Total Sales
Map
Source: MLSListings
MLS Number: ML81980668
APN: 063-561-280
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