
1508 Bay Rd East Palo Alto, CA 94303
Highlights
- Dining Room
- Wood Burning Fireplace
- 1-Story Property
- Menlo-Atherton High School Rated A
About This Home
As of October 2024This secluded property is a rare find, sitting on a large, expansive lot with higher-density multifamily zoning, offering limitless potential for development. The lot is ideal for developers or investors looking to capitalize on the opportunity to build multiple units, whether multi-family residences or townhomes. The existing home features a spacious living area with hardwood floors and large windows that flood the space with natural light. The kitchen, equipped with a gas stove, leads to flexible adjacent rooms, offering a solid foundation for renovation or redevelopment. The patio doors open to a vast, fenced backyard shaded by mature trees, perfect for landscaping or outdoor gatherings. While the home needs some work, the development possibilities are endless. With easy access to Hwy 101, restaurants, shopping, and major tech companies, this property is strategically positioned for future growth and development. Dont miss the chance to explore the endless opportunities this unique lot presents. Visit and envision the future of this remarkable space.
Last Agent to Sell the Property
Intero Real Estate Services License #01466876 Listed on: 08/20/2024

Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,125
Year Built
- Built in 1930
Lot Details
- 10,498 Sq Ft Lot
- Zoning described as R10000
Parking
- No Garage
Home Design
- Flat Roof Shape
- Concrete Perimeter Foundation
Interior Spaces
- 1,230 Sq Ft Home
- 1-Story Property
- Wood Burning Fireplace
- Dining Room
Bedrooms and Bathrooms
- 3 Bedrooms
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
Listing and Financial Details
- Assessor Parcel Number 063-203-370
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Purchase Details
Purchase Details
Purchase Details
Purchase Details
Purchase Details
Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Grant Deed | -- | First American Title | |
Grant Deed | $1,040,000 | First American Title | |
Interfamily Deed Transfer | -- | Lawyers Title Company | |
Grant Deed | -- | None Available | |
Interfamily Deed Transfer | -- | None Available | |
Interfamily Deed Transfer | -- | None Available | |
Grant Deed | $725,000 | Old Republic Title Company | |
Interfamily Deed Transfer | -- | None Available | |
Interfamily Deed Transfer | -- | None Available | |
Interfamily Deed Transfer | -- | None Available | |
Gift Deed | -- | None Available |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $630,000 | Adjustable Rate Mortgage/ARM |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
10/16/2024 10/16/24 | Sold | $1,040,000 | +15.7% | $846 / Sq Ft |
09/30/2024 09/30/24 | Pending | -- | -- | -- |
08/20/2024 08/20/24 | For Sale | $899,000 | -- | $731 / Sq Ft |
Tax History Compared to Growth
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 | $11,125 | $1,040,000 | $865,000 | $175,000 |
2023 | $11,125 | $824,922 | $682,695 | $142,227 |
2022 | $10,344 | $808,748 | $669,309 | $139,439 |
2021 | $10,131 | $792,891 | $656,186 | $136,705 |
2020 | $9,984 | $784,762 | $649,458 | $135,304 |
2019 | $10,013 | $769,375 | $636,724 | $132,651 |
2018 | $9,820 | $754,290 | $624,240 | $130,050 |
2017 | $9,474 | $739,500 | $612,000 | $127,500 |
2016 | $9,392 | $725,000 | $600,000 | $125,000 |
2015 | $7,615 | $33,559 | $10,206 | $23,353 |
2014 | $1,366 | $32,903 | $10,007 | $22,896 |
Agents Affiliated with this Home
-
Seller's Agent in 2024
Graeham Watts
Intero Real Estate Services
(650) 308-4727
57 in this area
118 Total Sales
-
L
Buyer's Agent in 2024
Lizzeth Flores
Infinite Real Estate
(408) 649-1886
1 in this area
27 Total Sales
Map
Source: MLSListings
MLS Number: ML81977462

APN: 063-203-370
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