NOT LISTED FOR SALE

1606 Michigan Ave East Palo Alto, CA 94303

Estimated Value: $908,719 - $1,067,000

3 Beds
1 Bath
1,010 Sq Ft
$949/Sq Ft Est. Value

Last Sold August 20, 2021

Last sale price $889,000 $880 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $6,128/month

6 Days on Market

Highlights

  • Open to Family Room
  • 2 Car Attached Garage
  • Family or Dining Combination
  • Menlo-Atherton High School Rated A
  • Forced Air Heating System
  • 5-minute walk to Jack Farrell Park

About This Home

As of August 2021

Beautifully remodeled contemporary ranch style home centrally located to all the Silicon Valley has to offer! This wonderful home features an open concept floor plan great for family or for entertaining. The updated gourmet kitchen features stainless steel appliances, modern stone countertops, stylish cabinets and a breakfast bar. Three generously sized bedrooms and an updated modern bathroom round out the residence. The home resides on an oversized 6,000 square foot lot with large backyard with a stone patio and deck. Located close to most technology campuses, transportation routes, downtown Palo Alto, great shopping and dining!

Last Agent to Sell the Property

Josh Felder

Redfin License #01916058 Listed on: 07/16/2021

Redfin

Last Buyer's Agent

Nancy Reynolds

Rainmaker Real Estate License #01952162

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,771

Year Built

  • 1952

Lot Details

  • 5,998

Parking

  • 2 Car Attached Garage
  • On-Street Parking

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,010 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Family or Dining Combination
  • Open to Family Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Additional Features

  • 5,998 Sq Ft Lot
  • Forced Air Heating System

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,771

Year Built

1952

Lot Details

0

Parking

2

Listing Details

  • Zoning: R10006
  • Subclass: Single Family Home
  • Age: 69
  • Listing Class: Residential
  • Structure Sq Ft: 1010
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1952

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Wood Burning
  • Dining Room: Dining Area In Family Room
  • Fireplace: Yes
  • Living Sq Ft: 1010
  • Stories: 1
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, On Street

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Sequoia Union High

Lot Info

  • Lot Acres: 0.1377
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6000.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2021
Closed on
Jul 27, 2021
Sold by
Redfinnow Borrower Llc
Bought by
Moy Kai Le
Seller's Agent
Josh Felder
Redfin
Buyer's Agent
Nancy Reynolds
Rainmaker Real Estate
List Price
$889,000
Sold Price
$889,000
Current Estimated Value
$958,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,930
Avg. Annual Appreciation
2.09%
Original Mortgage
$711,200
Outstanding Balance
$648,095
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$319,012

Purchase Details

Closed on
May 24, 2021
Sold by
Im Mitchell G
Bought by
Redfinnow Borrower Llc

Purchase Details

Listed on
Aug 11, 2015
Closed on
Aug 28, 2015
Sold by
Azar Jeries J and Azar Shadi J
Bought by
Im Mitchell G
Seller's Agent
Jerry Azar
Jerry Azar, Broker
Buyer's Agent
Andrew Weinberger
8z Real Estate
List Price
$599,000
Sold Price
$670,000
Premium/Discount to List
$71,000
11.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.72%
Original Mortgage
$502,500
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 2011
Sold by
Ira Services Trust Company
Bought by
Azar Jeries J and Azar Shadi J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2011
Sold by
Fetuu Enitilina F
Bought by
Ira Services Trust Company and Rosenbledt Daniel J

Purchase Details

Closed on
Jul 18, 2006
Sold by
Latu Starling M
Bought by
Fetuu Enitilina F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,500
Interest Rate
14.25%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 14, 2004
Sold by
Latu Mele
Bought by
Fatuu Enitilina F and Latu Starling M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,000
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 14, 2002
Sold by
Helmuli Tuionesia K and Helmuli Mele T
Bought by
Latu Gregory and Latu Mele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.51%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Nov 21, 2000
Sold by
Heimuli Tuionesia K and Latu Mele
Bought by
Heimuli Tuionesia K and Heimuli Mele T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,750
Interest Rate
7.86%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Apr 3, 2000
Sold by
Heimuli Tuionesia K and Latu Mele T
Bought by
Heimuli Tuionesia K and Latu Mele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
8.3%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 19, 1999
Sold by
Latu Mele T
Bought by
Helmull Tulonesia K and Latu Mele T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,000
Interest Rate
6.63%

Purchase Details

Closed on
Oct 31, 1994
Sold by
Polk Claudine and Polk Claudis
Bought by
Latu Mele T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,837
Interest Rate
8.78%
Mortgage Type
FHA
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
Moy Kai Le $889,000 Ticor Title San Diego Branch
Redfinnow Borrower Llc $872,000 Spruce
Im Mitchell G $670,000 Old Republic Title Company
Azar Jeries J $235,000 Chicago Title Company
Azar Jeries J -- Chicago Title Company
Ira Services Trust Company $156,500 None Available
Fetuu Enitilina F -- Ticor Title Company Of Ca
Fatuu Enitilina F $515,000 Alliance Title
Latu Gregory -- Fidelity National Title Co
Heimuli Tuionesia K -- Fidelity National Title Co
Heimuli Tuionesia K -- Financial Title Company
Helmull Tulonesia K -- American Title
Latu Mele T $120,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moy Kai Le $711,200
Previous Owner Im Mitchell G $495,300
Previous Owner Im Mitchell G $502,500
Previous Owner Azar Jeries J $160,000
Previous Owner Fetuu Enitilina F $72,500
Previous Owner Fetuu Enitilina F $487,500
Previous Owner Fatuu Enitilina F $480,000
Previous Owner Fatuu Enitilina F $412,000
Previous Owner Latu Kelekolio $382,500
Previous Owner Latu Gregory $280,000
Previous Owner Heimuli Tuionesia K $303,750
Previous Owner Heimuli Tuionesia K $56,000
Previous Owner Heimuli Tuionesia K $24,400
Previous Owner Helmull Tulonesia K $149,000
Previous Owner Latu Mela T $10,000
Previous Owner Latu Mele T $119,837
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2021 08/20/21 Sold $889,000 0.0% $880 / Sq Ft
07/23/2021 07/23/21 Pending -- -- --
07/16/2021 07/16/21 For Sale $889,000 +32.7% $880 / Sq Ft
08/31/2015 08/31/15 Sold $670,000 +11.9% $663 / Sq Ft
08/14/2015 08/14/15 Pending -- -- --
08/11/2015 08/11/15 For Sale $599,000 -- $593 / 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 $12,771 $950,552 $604,888 $345,664
2023 $12,771 $906,780 $581,400 $325,380
2022 $11,838 $889,000 $570,000 $319,000
2021 $10,130 $732,739 $606,972 $125,767
2020 $9,884 $725,227 $600,749 $124,478
2019 $9,862 $711,008 $588,970 $122,038
2018 $9,654 $697,068 $577,422 $119,646
2017 $9,278 $683,400 $566,100 $117,300
2016 $9,165 $670,000 $555,000 $115,000
2015 $4,501 $245,598 $122,799 $122,799
2014 $4,365 $240,788 $120,394 $120,394
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81854080

MLSListings

APN: 063-111-020