NOT LISTED FOR SALE

124 Monroe Dr Palo Alto, CA 94306

Mountain View West Neighborhood

Estimated Value: $2,954,000 - $3,583,000

5 Beds
3 Baths
2,000 Sq Ft
$1,649/Sq Ft Est. Value

Last Sold January 12, 2024

Last sale price $2,495,000 $1,248 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $18,260/month

58 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • 1 Car Attached Garage
  • Santa Rita Elementary School Rated A
  • No HOA
  • 2-minute walk to Monroe Park

About This Home

As of January 2024

Back to Market - No fault of seller! Endless Possibilities! Nestled on a quiet tree-lined street in Palo Alto, this gem features an original 1100 sqft single family home with 3 bedrooms, 1 bathroom and a 3-year-new, fully permitted, detached, 900 sqft ADU with 2 beds, 2 baths. Everything in the front house is in good working condition. The ADU is like brand new. A perfect solution to multi-generational living! Or bring your imagination to fully remodel, rebuild or add a 2nd floor to the front house while living in the ADU!! Or invest and rent out both places for $8000-$9000 or more per month (expected rent, buyer to verify) ! 5 min drive to Whole Foods, Costco, shopping centers, movie cinemas and schools! You do not want to miss this one! Property to be sold As-is.

Last Agent to Sell the Property

Chenran Dai

License #01971435 Listed on: 10/18/2023

Last Buyer's Agent

Jingmei Gao

License #02161111

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1952

Lot Details

  • 6,000 Sq Ft Lot
  • Fenced
  • Rectangular Lot
  • Back and Front Yard

Parking

  • 1 Car Attached Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • 1-Story Property
  • Brick Fireplace
  • Wood Flooring

Kitchen

  • Gas Range
  • Microwave

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • No Home Owners Association
  • Bay East Association
  • Palo Alto Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 1952

Lot Details

0

Parking

1

Listing Details

  • Stories: 1
  • Year Built: 1952
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.138
  • Subdivision Name: PALO ALTO
  • Directions: El Camino Real
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One Story
  • New Construction: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Flooring: Hardwood
  • Appliances: Gas Range, Microwave, Refrigerator, Dryer, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Brick
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: No Additional Rooms
  • Room Kitchen Features: Gas Range/Cooktop, Microwave, Refrigerator

Exterior Features

  • Fencing: Fenced
  • Lot Features: Regular
  • Pool Features: None
  • Pool Private: No
  • Construction Type: None
  • Exterior Features: Back Yard, Front Yard, Side Yard, Sprinklers Automatic
  • Property Condition: Existing

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Parking Features: Attached

Utilities

  • Heating: Electric
  • Utilities: All Public Utilities
  • Cooling: Ceiling Fan(s)
  • Laundry Features: Dryer, In Garage, Washer
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: No Solar

Condo/Co-op/Association

  • Association Name: BAY EAST
  • Association: No

Lot Info

  • Lot Size Sq Ft: 6000
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2023
Closed on
Dec 19, 2023
Sold by
Moalem Yoel
Bought by
Fang Chuanyun and Gu Xiaoyan
Seller's Agent
Chenran Dai
Buyer's Agent
Jingmei Gao
List Price
$2,495,000
Sold Price
$2,495,000
Views
155
Current Estimated Value
$3,298,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$803,495
Avg. Annual Appreciation
14.44%
Original Mortgage
$1,986,000
Outstanding Balance
$1,937,959
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$1,360,536

Purchase Details

Closed on
Jun 6, 2018
Sold by
Moalem Yoel
Bought by
Moalem Yoel and Yoel Moalem Revocable Trust

Purchase Details

Closed on
Aug 17, 2013
Sold by
Moalem Yoel and Moalem Atara
Bought by
Moalem Yoel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2002
Sold by
Blazewicz Maria G
Bought by
Moalem Yoel and Moalem Atara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$411,000
Interest Rate
6.42%

Purchase Details

Closed on
Sep 28, 1999
Sold by
Blazewicz Edmond T
Bought by
Blazewicz Edmond T and Blazewicz Maria G

Purchase Details

Closed on
Jun 28, 1999
Sold by
Blazewicz Edmond T
Bought by
Blazewicz Edmond T and Blazewicz Maria G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,000
Interest Rate
7.24%

Purchase Details

Closed on
Jun 25, 1999
Sold by
Blazewicz Maria G
Bought by
Blazewicz Edmond T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,000
Interest Rate
7.24%

Purchase Details

Closed on
Apr 5, 1994
Sold by
Blazewicz Margarida A
Bought by
Blazewicz Margarida Amelia
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fang Chuanyun $2,495,000 Chicago Title
Moalem Yoel -- Chicago Title
Moalem Yoel -- None Available
Moalem Yoel -- Stewart Title Of California
Moalem Yoel $548,000 Commonwealth Land Title Co
Blazewicz Edmond T -- --
Blazewicz Edmond T $63,690 --
Blazewicz Edmond T -- Chicago Title Co
Blazewicz Margarida Amelia -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fang Chuanyun $1,986,000
Previous Owner Moalem Yoel $399,000
Previous Owner Moalem Yoel $411,000
Previous Owner Blazewicz Edmond T $163,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2025 02/04/25 Off Market $2,495,000 -- --
01/12/2024 01/12/24 Sold $2,495,000 0.0% $1,248 / Sq Ft
12/15/2023 12/15/23 Pending -- -- --
11/27/2023 11/27/23 For Sale $2,495,000 0.0% $1,248 / Sq Ft
11/07/2023 11/07/23 Pending -- -- --
10/18/2023 10/18/23 For Sale $2,495,000 -- $1,248 / Sq Ft
Source: Bay East Association of REALTORS®

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 $13,375 $2,564,280 $2,147,100 $417,180
2024 $13,375 $1,091,867 $396,834 $695,033
2023 $13,131 $1,070,458 $389,053 $681,405
2022 $12,988 $1,049,470 $381,425 $668,045
2021 $13,055 $1,028,894 $373,947 $654,947
2020 $11,608 $889,986 $370,113 $519,873
2019 $9,373 $725,712 $362,856 $362,856
2018 $9,355 $711,484 $355,742 $355,742
2017 $9,024 $697,534 $348,767 $348,767
2016 $8,782 $683,858 $341,929 $341,929
2015 $8,671 $673,586 $336,793 $336,793
2014 $8,589 $660,392 $330,196 $330,196
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2024

    Chenran Dai

  • J

    Buyer's Agent in 2024

    Jingmei Gao

    Section Image

  • J

    Buyer Co-Listing Agent in 2024

    John Johnston

    John A. Johnston, Broker

    Section Image
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Map

Source: Bay East Association of REALTORS®

MLS Number: 41042309

Bay East Association of REALTORS®

APN: 148-05-036

California Santa Clara County Palo Alto 94306 Mountain View West

124 Monroe Dr, Palo Alto, CA

Not Listed for Sale

Detached

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