NOT LISTED FOR SALE

126 Seale Ave Palo Alto, CA 94301

Old Palo Alto Neighborhood
8 Beds
-- Bath
3,568 Sq Ft
7,405 Sq Ft Lot

Last Sold May 22, 2012

Last sale price $2,575,000 $722 Per Sq Ft

9 Days on Market

Highlights

  • Wood Flooring
  • Neighborhood Views
  • Laundry Facilities
  • Walter Hays Elementary Rated A+
  • Forced Air Heating System

About This Home

As of May 2012

Unique 4-unit Craftsman style investment opportunity in sought after Old Palo Alto neighborhood. Opportunities abound! Live in the front charming Craftsman with guest cottage and rent out the other units. Keep as investment property and rent all units out. Tear down/ remodel and build your dream home in sought after Old Palo Alto.

Last Agent to Sell the Property

Desiree Docktor

Compass License #01808874 Listed on: 04/11/2012

Compass

Last Buyer's Agent

Jane Tomassian

Coldwell Banker Realty License #01412671

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1965

Lot Details

  • 7,405

Parking

  • Carport

Home Design

  • Quadruplex
  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,568 Sq Ft Home
  • Wood Flooring
  • Neighborhood Views

Utilities

  • Forced Air Heating System
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $170,340
  • The owner pays for services - gardener/landscaping

Community Details

Overview

  • 4 Units
  • 3,568 Sq Ft Building

Amenities

  • Laundry Facilities

Building Details

  • Gardener Expense $720
  • Insurance Expense $1,585
  • Maintenance Expense $3,000
  • Operating Expense $21,067
  • Gross Income $170,340

Property Details

Home Type

Multi-Family

Year Built

1965

Lot Details

0

Listing Details

  • Zoning: R2
  • Subclass: Fourplex
  • Age: 47
  • Inspections Reports: Flood Zone
  • Sale Price Per Sq Ft: 721.69
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 4
  • Min Numberof Unitsin Complex: 4
  • Structure Sq Ft: 3568
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1965

Interior Features

  • Kitchen: Refrigerator
  • Living Sq Ft: 3568
  • Laundry: Community Facility
  • Flooring: Hardwood

Exterior Features

  • Foundation: Concrete Perimeter, Concrete Slab
  • Roof: Shingle, Composition
  • View: Local/Neighborhood

Garage/Parking

  • Garage Parking Features: Carport, Spaces Per Unit - <1

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Condo/Co-op/Association

  • HOA Amenities: Patio - Private

Schools

  • School District: Palo Alto Unified

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7500.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 7500.00
  • Lot Size Area Min Search: 7500.00
  • Maximum Lot Size: 7500.00

Rental Info

  • Existing Lease Term(s): Less Than 1 Yr
  • Gross Rent Multiplier: 11.71

Multi Family

  • Expense Insurance: 1585
  • Expense Landscape: 720
  • Expense Maintenance: 3000
  • Expenses Total: 21067
  • Income Annual Gross: 170340.00
  • Income Annual Rental: 170340
  • Income Gross Scheduled: 170340
  • Income Includes: Lease
  • Meters: Separate Electric, Separate Gas, Master Water
  • Number Of Buildings: 2
  • Operating Expenses Include: Services - Gardener, Insurance, Maintenance - Repair, Fee - Property Tax
  • Owner Pays: Services - Gardener/Landscaping
  • Tenant Expenses: Utilities - Gas, Utilities - Water, Utilities - Electric, Services - Trash Removal

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2012 05/22/12 Sold $2,575,000 +29.1% $722 / Sq Ft
04/20/2012 04/20/12 Pending -- -- --
04/11/2012 04/11/12 For Sale $1,995,000 -- $559 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Desiree Docktor

    Seller's Agent in 2012

    Desiree Docktor

    Compass

    (650) 291-8487

    9 Total Sales

    Desiree Docktor
    Section Image

  • J

    Buyer's Agent in 2012

    Jane Tomassian

    Coldwell Banker Realty

    Section Image
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Map

Source: MLSListings

MLS Number: ML81213365

MLSListings

APN: 124-18-052

California Santa Clara County Palo Alto 94301 Old Palo Alto

126 Seale Ave, Palo Alto, CA

This home is located at 126 Seale Ave, Palo Alto, CA 94301 since 11 April 2012. This property was built in 1965. 126 Seale Ave is a home located in Santa Clara County with nearby schools including Walter Hays Elementary, Frank S. Greene Jr. Middle, and Palo Alto High School.

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