NOT LISTED FOR SALE

151 Abelia Way East Palo Alto, CA 94303

Estimated Value: $934,544 - $1,127,000

3 Beds
1 Bath
1,110 Sq Ft
$913/Sq Ft Est. Value

Last Sold July 15, 2015

Last sale price $501,000 $451 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $6,167/month

26 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Combination Dining and Living Room
  • Menlo-Atherton High School Rated A
  • 1 Car Attached Garage
  • Level Lot

About This Home

As of July 2015

Incredible Value for this Fixer in the Center of East Palo Alto. This Solid Home had been in this family for many decades! Great Bones, Nice Lot, Hardwood Floors Throughout, Storage Shed in the rear and waiting for your Touches! Very Short Bike Ride to Facebook, IKEA, Home Depot and a variety of other Shops and Businesses! Loft and Attic Storage. Great Investment or Starter Home. Quiet neighborhood. Remodel to your taste.

Last Agent to Sell the Property

Rick Barrelier

KW Advisors License #01340986 Listed on: 04/30/2015

KW Advisors

Last Buyer's Agent

Alicia Nardini

Sequoia Realty Services License #01701961

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,215

Year Built

  • Built in 1950

Lot Details

  • 5,009 Sq Ft Lot
  • Level Lot
  • Back Yard Fenced
  • Zoning described as R10006

Parking

  • 1 Car Attached Garage

Home Design

  • Traditional Architecture
  • Fixer Upper
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,110 Sq Ft Home
  • Combination Dining and Living Room
  • Formica Countertops
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 063-562-040

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,215

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Traditional
  • Property Condition: Fixer Upper
  • Age: 65
  • 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 in Living Room
  • Kitchen: Countertop - Formica
  • Living Sq Ft: 1110
  • Laundry: Hookup - Washer/Dryer
  • Flooring: Hardwood, Tile, Vinyl / Linoleum
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Yard/Grounds: Back Yard, Fenced
  • Fencing: Fenced Back
  • Construction Type: Wood

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 2
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: Sequoia Union High
  • Elementary School: Belle Haven Elementary
  • Elementary School: 609

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 063-562-040
  • Lot Acres: 0.1150
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5000.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Sequoia Union High
  • Elementary School Text: Belle Haven Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2015
Closed on
Jul 2, 2015
Sold by
Egu Chinyere
Bought by
Balan Aviv
Seller's Agent
Rick Barrelier
KW Advisors
Buyer's Agent
Alicia Nardini
Sequoia Realty Services
List Price
$350,000
Sold Price
$501,000
Premium/Discount to List
$151,000
43.14%
Current Estimated Value
$1,013,886

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$512,886
Avg. Annual Appreciation
7.18%
Original Mortgage
$375,750
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 30, 2015
Closed on
Jun 30, 2015
Sold by
Balan Ronit
Bought by
Balan Aviv
Seller's Agent
Rick Barrelier
KW Advisors
Buyer's Agent
Alicia Nardini
Sequoia Realty Services
List Price
$350,000
Sold Price
$501,000
Premium/Discount to List
$151,000
43.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,750
Interest Rate
3.85%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Balan Aviv $501,000 Old Republic Title Company
Balan Aviv -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Balan Aviv $540,000
Closed Balan Aviv $525,000
Closed Balan Aviv $372,500
Closed Balan Aviv $375,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2015 07/15/15 Sold $501,000 +43.1% $451 / Sq Ft
05/26/2015 05/26/15 Pending -- -- --
04/30/2015 04/30/15 For Sale $350,000 -- $315 / 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 $8,215 $593,076 $474,699 $118,377
2023 $8,215 $570,048 $456,267 $113,781
2022 $7,618 $558,871 $447,321 $111,550
2021 $7,460 $547,913 $438,550 $109,363
2020 $7,345 $542,296 $434,054 $108,242
2019 $7,364 $531,664 $425,544 $106,120
2018 $7,216 $521,240 $417,200 $104,040
2017 $6,965 $511,020 $409,020 $102,000
2016 $6,924 $501,000 $401,000 $100,000
2015 $1,864 $48,969 $8,626 $40,343
2014 $1,828 $48,011 $8,458 $39,553
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81462645

MLSListings

APN: 063-562-040