NOT LISTED FOR SALE

Estimated Value: $2,677,134 - $3,141,000

2 Beds
1 Bath
985 Sq Ft
$3,022/Sq Ft Est. Value

About This Home

This home is located at 1340 University Ave, Palo Alto, CA 94301 and is currently estimated at $2,976,534, approximately $3,021 per square foot. 1340 University Ave is a home located in Santa Clara County with nearby schools including Addison Elementary School, Frank S. Greene Jr. Middle, and Palo Alto High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 13, 2007
Sold by
Meyer Mark J and Meyer Courtney J
Bought by
Qiang Sheng
Current Estimated Value
$2,976,534

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 28, 2007
Sold by
Zhao Yezhou
Bought by
Qiang Sheng

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 22, 1999
Sold by
Sacks Alvin H and Sacks Eve R
Bought by
Meyer Mark J and Meyer Courtney J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
6.78%

Purchase Details

Closed on
Aug 3, 1994
Sold by
Sacks Alvin H and Sacks Eve R
Bought by
Sacks Alvin H and Sacks Eve R
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.

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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.

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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.

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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.

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Average Value
Not Available
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
Qiang Sheng -- Chicago Title Company
Qiang Sheng -- Chicago Title Company
Meyer Mark J $440,000 First American Title Guarant
Sacks Alvin H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Qiang Sheng $548,250
Closed Qiang Sheng $682,290
Closed Qiang Sheng $680,400
Closed Qiang Sheng $750,000
Closed Qiang Sheng $800,000
Closed Qiang Sheng $800,000
Previous Owner Meyer Mark J $185,000
Previous Owner Meyer Mark J $569,347
Previous Owner Meyer Mark J $100,000
Previous Owner Meyer Mark J $577,500
Previous Owner Meyer Mark J $508,000
Previous Owner Meyer Mark J $456,000
Previous Owner Meyer Mark J $352,000
Closed Meyer Mark J $66,000
Source: Public Records

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
2024 $18,310 $1,472,439 $1,444,864 $27,575
2023 $18,039 $1,443,569 $1,416,534 $27,035
2022 $17,826 $1,415,264 $1,388,759 $26,505
2021 $17,475 $1,387,515 $1,361,529 $25,986
2020 $17,122 $1,373,289 $1,347,569 $25,720
2019 $16,931 $1,346,363 $1,321,147 $25,216
2018 $16,475 $1,319,965 $1,295,243 $24,722
2017 $16,185 $1,294,085 $1,269,847 $24,238
2016 $15,759 $1,268,712 $1,244,949 $23,763
2015 $15,521 $1,249,656 $1,226,249 $23,407
2014 $15,164 $1,225,178 $1,202,229 $22,949
Source: Public Records

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