NOT LISTED FOR SALE

Estimated Value: $4,294,217 - $4,965,000

4 Beds
3 Baths
2,126 Sq Ft
$2,107/Sq Ft Est. Value

About This Home

This home is located at 1487 Pitman Ave, Palo Alto, CA 94301 and is currently estimated at $4,479,304, approximately $2,106 per square foot. 1487 Pitman Ave is a home located in Santa Clara County with nearby schools including Duveneck Elementary School, Frank S. Greene Jr. Middle, and Palo Alto High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 17, 2020
Sold by
Raney Stephen A and Hom Janis F
Bought by
Raney Steve and Hom Janis F
Current Estimated Value
$4,542,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$145,686
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$4,449,997

Purchase Details

Closed on
Dec 19, 2002
Sold by
Hom Janis F and Raney Steve
Bought by
Raney Steve and Hom Janis F

Purchase Details

Closed on
May 22, 2002
Sold by
Raney Steve and Hom Janis F
Bought by
Raney Steve and Hom Janis F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,000
Interest Rate
6%

Purchase Details

Closed on
Oct 21, 1997
Sold by
Hom Janis and Raney Steve
Bought by
Raney Steve and Hom Janis F

Purchase Details

Closed on
Oct 22, 1996
Sold by
Chan Ki W and Chiu Sui W
Bought by
Raney Steve and Hom Janis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$603,200
Interest Rate
7.37%
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
Raney Steve -- Pacific Coast Title Company
Raney Stephen A -- Pacific Coast Title Company
Raney Steve -- Title Company
Raney Steve -- First American Title Guarant
Raney Steve -- --
Raney Steve $754,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raney Stephen A $200,000
Closed Raney Stephen A $25,727
Open Raney Steve $417,000
Closed Raney Steve $561,600
Closed Raney Steve $570,000
Closed Raney Steve $603,200
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 $15,524 $1,235,205 $918,136 $317,069
2023 $15,293 $1,210,986 $900,134 $310,852
2022 $15,112 $1,187,242 $882,485 $304,757
2021 $14,813 $1,163,964 $865,182 $298,782
2020 $14,435 $1,152,030 $856,311 $295,719
2019 $14,271 $1,129,442 $839,521 $289,921
2018 $13,889 $1,107,297 $823,060 $284,237
2017 $13,643 $1,085,586 $806,922 $278,664
2016 $13,282 $1,064,300 $791,100 $273,200
2015 $13,147 $1,048,314 $779,217 $269,097
2014 $12,829 $1,027,780 $763,954 $263,826
Source: Public Records

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