NOT LISTED FOR SALE

147 Verbena Dr East Palo Alto, CA 94303

Estimated Value: $977,000 - $1,131,000

3 Beds
1 Bath
1,110 Sq Ft
$951/Sq Ft Est. Value

Last Sold July 11, 2017

Last sale price $729,000 $657 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $6,811/month

1 Day on Market

Highlights

  • Dining Area
  • Menlo-Atherton High School Rated A
  • 1-Story Property

About This Home

As of July 2017

One of the best values available on the peninsula! Great starter home or fixer upper located in the most desirable area of East Palo Alto. Tremendous upside for either a "Flip", sweat equity by owner occupant or investors looking for rental property. Close to Facebook, Amazon, Ikea, Palo Alto Golf Course, Stanford University & Hospital, Stanford Shopping Mall and downtown Palo Alto. Easy commute access to Hwy 101, Dumbarton Bridge & University Avenue. Neighborhood values range from $775-$800K based on remodeling done. Garage has been walled off & is not currently usable for parking.

Last Agent to Sell the Property

Pepe Pimentel

eRealty License #01478922 Listed on: 06/28/2017

Last Buyer's Agent

Marianne Osberg

Reali License #01494415

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,270

Year Built

  • Built in 1950

Lot Details

  • 5,101 Sq Ft Lot
  • Zoning described as R10006

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,110 Sq Ft Home
  • 1-Story Property
  • Dining Area

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 063-563-120

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,270

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Age: 67
  • Listing Class: Residential
  • Structure Sq Ft: 1110
  • Year Built: 1950
  • Zoning Description: R10006
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area
  • Living Sq Ft: 1110
  • Stories: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • 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: 063-563-120
  • Lot Acres: 0.1171
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5100.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5100.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Sequoia Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 24, 2021
Sold by
Miller Ronald and Medina Melissa
Bought by
Miller Ronald and Medina Melissa
Current Estimated Value
$1,055,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$757,000
Outstanding Balance
$683,875
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$371,461

Purchase Details

Closed on
Mar 3, 2020
Sold by
Dragonfly Assets A 55 Llc
Bought by
Miller Ronald and Medina Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$760,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 28, 2017
Closed on
Jul 6, 2017
Sold by
Biermann Donna Hiroko Tokuoka
Bought by
Dragonfly Assets A-55 Llc
Seller's Agent
Pepe Pimentel
eRealty
Buyer's Agent
Marianne Osberg
Reali
List Price
$659,000
Sold Price
$729,000
Premium/Discount to List
$70,000
10.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.65%
Original Mortgage
$583,200
Interest Rate
3.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 14, 2009
Sold by
Garcia Maria
Bought by
Biermann Donna Hiroko Tokuoka

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,837
Interest Rate
5.02%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 9, 2005
Sold by
Aguilar Porfirio T
Bought by
Garcia Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,000
Interest Rate
6.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 19, 2004
Sold by
Bojorquez Maria I
Bought by
Aguilar Porfirio T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
5.12%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 22, 2003
Sold by
Arvie Patsy R
Bought by
Bojorquez Maria I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,000
Interest Rate
6.55%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Miller Ronald -- First American Title Ins Co
Miller Ronald $970,000 North American Title Co Inc
Dragonfly Assets A-55 Llc $729,000 North American Title Co Inc
Biermann Donna Hiroko Tokuoka $285,000 Old Republic Title Company
Garcia Maria $620,000 First American Title Co
Aguilar Porfirio T -- Alliance Title Company
Aguilar Porfirio T -- Alliance Title Company
Bojorquez Maria I $445,454 Alliance Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Ronald $757,000
Closed Miller Ronald $760,000
Closed Miller Ronald $161,500
Previous Owner Dragonfly Assets A 55 Llc $7,650,000
Previous Owner Dragonfly Assets A 55 Llc $626,200
Previous Owner Dragonfly Assets A-55 Llc $583,200
Previous Owner Biermann Donna Hiroko Tokuoka $279,641
Previous Owner Biermann Donna Hiroko Tokuoka $279,837
Previous Owner Garcia Maria $496,000
Previous Owner Garcia Maria $124,000
Previous Owner Aguilar Porfirio T $68,000
Previous Owner Aguilar Porfirio T $400,000
Previous Owner Bojorquez Maria I $356,000
Previous Owner Arvie Patsy R $227,500
Previous Owner Arvie Patsy R $88,000
Closed Bojorquez Maria I $89,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2017 07/11/17 Sold $729,000 +10.6% $657 / Sq Ft
06/30/2017 06/30/17 Pending -- -- --
06/28/2017 06/28/17 For Sale $659,000 -- $594 / 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 $13,270 $1,060,832 $530,416 $530,416
2023 $13,270 $1,019,640 $509,820 $509,820
2022 $12,349 $999,648 $499,824 $499,824
2021 $12,110 $980,048 $490,024 $490,024
2020 $9,698 $758,451 $654,411 $104,040
2019 $9,726 $743,580 $641,580 $102,000
2018 $9,538 $729,000 $629,000 $100,000
2017 $4,758 $316,974 $158,487 $158,487
2016 $4,750 $310,760 $155,380 $155,380
2015 $4,691 $306,094 $153,047 $153,047
2014 $4,597 $300,100 $150,050 $150,050
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81667899

MLSListings

APN: 063-563-120