NOT LISTED FOR SALE

1622 Michigan Ave East Palo Alto, CA 94303

Estimated Value: $1,104,000 - $1,487,000

5 Beds
3 Baths
1,970 Sq Ft
$667/Sq Ft Est. Value

Last Sold March 17, 2016

Last sale price $710,000 $360 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $8,218/month

13 Days on Market

Highlights

  • Vaulted Ceiling
  • Double Oven
  • Bathtub with Shower
  • Menlo-Atherton High School Rated A
  • Balcony
  • 4-minute walk to Jack Farrell Park

About This Home

As of March 2016

Climate, shopping and price make East Palo Alto an incredible investment. Large 5 bedrooms 3 baths home, centrally located! Close to downtown Palo Alto, Stanford University & Facebook. Home is need of some repairs.

Last Agent to Sell the Property

Christina O'Brien

RE/MAX Gold License #01432703 Listed on: 01/25/2016

RE/MAX Gold

Last Buyer's Agent

Salvador Andrade

HomeSmart PV & Associates License #01840026

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,643

Year Built

  • Built in 1952

Lot Details

  • 5,009 Sq Ft Lot
  • Back and Front Yard Fenced
  • Wood Fence
  • Level Lot
  • Zoning described as R10006

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,970 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Dining Room

Kitchen

  • Double Oven
  • Gas Cooktop
  • Dishwasher
  • Tile Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms
  • Dual Sinks
  • Bathtub with Shower
  • Bathtub Includes Tile Surround

Parking

  • 2 Parking Spaces
  • 1 Carport Space
  • Uncovered Parking

Outdoor Features

  • Balcony
  • Shed

Utilities

  • Forced Air Heating System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 063-111-050

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,643

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Age: 64
  • Listing Class: Residential
  • Structure Sq Ft: 1970
  • Year Built: 1952
  • Zoning Description: R10006
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining Area, No Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Tile, Dishwasher, Hookups - Gas, Oven - Double
  • Living Sq Ft: 1970
  • Stories: 1
  • Laundry: Hookup - Washer/Dryer
  • Flooring: Laminate, Tile
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Bathroom: Double Sinks, Shower and Tub, Tile
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced, Storage Shed / Structure
  • Fencing: Fenced Back, Fenced Front, Wood
  • Construction Type: Wood Frame

Garage/Parking

  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage, Carport, Uncovered Parking
  • Carport Min: 1

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Vaulted Ceiling

Schools

  • School District: Sequoia Union High

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 063-111-050
  • Lot Acres: 0.1150
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5000.69
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5000.69

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Sequoia Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 24, 2017
Sold by
Pulido Gloria G
Bought by
Pulido Gloria G
Current Estimated Value
$1,314,750

Purchase Details

Listed on
Jan 25, 2016
Closed on
Mar 15, 2016
Sold by
Amaya Dora Ochoa
Bought by
Pulido Gloria G
Seller's Agent
Christina O'Brien
RE/MAX Gold
Buyer's Agent
Salvador Andrade
HomeSmart PV & Associates
List Price
$699,000
Sold Price
$710,000
Premium/Discount to List
$11,000
1.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.74%
Original Mortgage
$560,000
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2004
Sold by
Ochoa Jose Manuel
Bought by
Amaya Dora Ochoa and Ochoa Jose Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,000
Interest Rate
6.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2003
Sold by
Taylor Jerry and Taylor Florence
Bought by
Ochoa Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Pulido Gloria G -- None Available
Pulido Gloria G $710,000 First American Title Company
Amaya Dora Ochoa -- Commonwealth Land Title Ins
Ochoa Jose $500,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pulido Gloria G $518,000
Closed Pulido Gloria G $560,000
Previous Owner Amaya Dora Ochoa $546,000
Previous Owner Amaya Dora Ochoa $424,000
Previous Owner Ochoa Jose $400,000
Previous Owner Taylor Jerry $302,800
Previous Owner Taylor Jerry $300,700
Previous Owner Taylor Jerry L $300,000
Closed Ochoa Jose $100,000
Closed Amaya Dora Ochoa $106,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2016 03/17/16 Sold $710,000 +1.6% $360 / Sq Ft
02/08/2016 02/08/16 Pending -- -- --
01/25/2016 01/25/16 For Sale $699,000 -- $355 / 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 $12,643 $938,916 $645,167 $293,749
2023 $12,643 $902,460 $620,115 $282,345
2022 $11,853 $884,765 $607,956 $276,809
2021 $11,598 $867,418 $596,036 $271,382
2020 $11,411 $858,525 $589,925 $268,600
2019 $10,413 $753,457 $578,358 $175,099
2018 $10,197 $738,684 $567,018 $171,666
2017 $9,803 $724,200 $555,900 $168,300
2016 $8,476 $600,516 $300,258 $300,258
2015 $8,305 $591,496 $295,748 $295,748
2014 $8,090 $579,910 $289,955 $289,955
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2016

    Christina O'Brien

    RE/MAX Gold

    Section Image

  • S

    Buyer's Agent in 2016

    Salvador Andrade

    HomeSmart PV & Associates

See All Agents

Map

Source: MLSListings

MLS Number: ML81548278

MLSListings

APN: 063-111-050

California San Mateo County East Palo Alto 94303

1622 Michigan Ave, East Palo Alto, CA

This home is located at 1622 Michigan Ave, East Palo Alto, CA 94303 since 25 January 2016 and is currently estimated at $1,314,750, approximately $667 per square foot. This property was built in 1952. 1622 Michigan Ave is a home located in San Mateo County with nearby schools including Costano Elementary School, Menlo-Atherton High School, and Aspire East Palo Alto Charter School.

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