NOT LISTED FOR SALE

1616 Michigan Ave East Palo Alto, CA 94303

Estimated Value: $846,000 - $1,037,755

4 Beds
2 Baths
1,383 Sq Ft
$710/Sq Ft Est. Value

Last Sold June 15, 2023

Last sale price $880,000 $636 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $6,391/month

123 Days on Market

Highlights

  • Neighborhood Views
  • Eat-In Kitchen
  • Wood Fence
  • Menlo-Atherton High School Rated A
  • Forced Air Heating System
  • 4-minute walk to Jack Farrell Park

About This Home

As of June 2023

Check out this East Palo Alto Charmer!!! This 3-bedroom 1 bathroom home is MOVE IN READY! With an ADU 1 bedroom, living room, kitchen and one bath. Great home for a large family or investors! This absolutely adorable home has the interior & exterior freshly painted. The home also features an updated kitchen, an ample front yard and a large backyard with plenty space for entrainment and gatherings. Centrally located with easy access to 101, 84 and Facebook, Google and other major high tach companies, and fine dining near University Ave. The best buy for your money in all of East Palo Alto!

Last Agent to Sell the Property

Amelia Middel

Coldwell Banker Realty License #01103989 Listed on: 01/05/2023

Coldwell Banker Realty

Co-Listed By

Miriam Porras

Coldwell Banker Realty License #02002039

Last Buyer's Agent

Carmen Enriquez Avila

Trykada Realty and Mortgage License #02144862

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,465

Year Built

  • Built in 1952

Lot Details

  • 5,001 Sq Ft Lot
  • Wood Fence
  • Level Lot
  • Zoning described as R10006

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Tar and Gravel Roof

Interior Spaces

  • 1,383 Sq Ft Home
  • 1-Story Property
  • Neighborhood Views

Kitchen

  • Eat-In Kitchen
  • Gas Oven

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Additional Homes

  • 400 SF Accessory Dwelling Unit
  • Accessory Dwelling Unit (ADU)

Utilities

  • Forced Air Heating System
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 063-111-040

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,465

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Age: 71
  • Listing Class: Residential
  • Second Res Apx Sq Ft: 400
  • Structure Sq Ft: 1383
  • Year Built: 1952
  • Zoning Description: R10006
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Dining Room: Eat in Kitchen
  • Kitchen: Oven Range - Gas
  • Living Sq Ft: 1383
  • Stories: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tar and Gravel
  • View: Neighborhood
  • Fencing: Wood
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Parking Features: Parking Area

Utilities

  • Heating System: Central Forced Air, Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Sequoia Union High

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 063-111-040
  • Lot Acres: 0.1148
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5000.00
  • Soil: Unknown

Multi Family

  • Utilities: Public Utilities
  • Second Unit Description: ADU

MLS Schools

  • High School District Text: Sequoia Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2023
Closed on
Jun 9, 2023
Sold by
Lopez Magaly
Bought by
Rojas Juan Antonio Cald
Seller's Agent
Amelia Middel
Coldwell Banker Realty
Buyer's Agent
Carmen Enriquez Avila
Trykada Realty and Mortgage
List Price
$950,000
Sold Price
$880,000
Premium/Discount to List
-$70,000
-7.37%
Views
272
Current Estimated Value
$982,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,189
Avg. Annual Appreciation
6.76%
Original Mortgage
$836,000
Outstanding Balance
$815,564
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
$199,968

Purchase Details

Listed on
Jan 5, 2023
Closed on
Jun 7, 2023
Sold by
Ofa Salesi W and Ofa Seselili V
Bought by
Rojas Juan Antonio Cald
Seller's Agent
Amelia Middel
Coldwell Banker Realty
Buyer's Agent
Carmen Enriquez Avila
Trykada Realty and Mortgage
List Price
$950,000
Sold Price
$880,000
Premium/Discount to List
-$70,000
-7.37%
Views
272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$836,000
Outstanding Balance
$815,564
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
$199,968

Purchase Details

Closed on
Feb 28, 2020
Sold by
Ofa Salesi W and Ofa Seselilli V
Bought by
Ofa Salesi W and Ofa Seselilli V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,525
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 12, 2017
Sold by
Ofa Salesi W
Bought by
Ofa Salesi W and Ofa Sesilili V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,591
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 4, 2010
Sold by
Ofa Sesilili
Bought by
Ofa Salesi W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,010
Interest Rate
5.5%
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
Rojas Juan Antonio Cald -- Fidelity National Title Compan
Rojas Juan Antonio Cald $880,000 Fidelity National Title Compan
Ofa Salesi W -- Old Republic Title Company
Ofa Salesi W -- North American Title Co Inc
Ofa Salesi W -- Old Republic Title Company
Ofa Salesi W $225,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rojas Juan Antonio Cald $836,000
Previous Owner Ofa Salesi W $437,525
Previous Owner Ofa Salesi W $310,591
Previous Owner Ofa Salesi W $222,010
Previous Owner Fleming Simon $210,000
Previous Owner Fleming Simon $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2023 06/15/23 Sold $880,000 -5.4% $636 / Sq Ft
05/09/2023 05/09/23 Pending -- -- --
03/04/2023 03/04/23 Price Changed $930,000 -2.1% $672 / Sq Ft
01/05/2023 01/05/23 For Sale $950,000 -- $687 / 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 $12,465 $915,552 $520,200 $395,352
2023 $12,465 $394,629 $138,532 $256,097
2022 $6,423 $386,892 $135,816 $251,076
2021 $5,045 $266,306 $133,153 $133,153
2020 $4,936 $263,576 $131,788 $131,788
2019 $4,896 $258,408 $129,204 $129,204
2018 $4,774 $253,342 $126,671 $126,671
2017 $4,579 $248,376 $124,188 $124,188
2016 $4,542 $243,506 $121,753 $121,753
2015 $4,438 $239,850 $119,925 $119,925
2014 $4,303 $235,152 $117,576 $117,576
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81915628

MLSListings

APN: 063-111-040