NOT LISTED FOR SALE

163 Verbena Dr East Palo Alto, CA 94303

Estimated Value: $1,422,000 - $1,569,000

4 Beds
2 Baths
1,910 Sq Ft
$778/Sq Ft Est. Value

Last Sold May 11, 2018

Last sale price $1,280,000 $670 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $9,504/month

8 Days on Market

Highlights

  • Skyline View
  • Wood Flooring
  • Bathtub with Shower
  • Menlo-Atherton High School Rated A
  • Formal Dining Room
  • Forced Air Heating and Cooling System

About This Home

As of May 2018

Best location in East Palo Alto!!! Come and visit this bright turnkey home. This 4 bedrooms and 2 bathrooms home offers an open floor plan, hardwood floors in the living room, dining room, kitchen, and master suite. Updated bathroom, 3-years young roof and sewer lines. Super conveniently located. Easy access to freeways. Within 1.5 miles, new Amazon buildings, Ikea, Nordstorm Rack. Within 15 minutes, commute to Facebook, Google, Stanford and major tech companies. Great investment opportunity, current rent $4200/M. Up and coming neighborhood with tremendous potential. Open house 4/28 & 4/29 1 - 4 pm!

Last Agent to Sell the Property

Cici Jiang

Maxreal Property License #01941210 Listed on: 04/23/2018

Last Buyer's Agent

Minhua Wang

Maxreal License #01477043

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,690

Year Built

  • Built in 1950

Lot Details

  • 5,602 Sq Ft Lot
  • Zoning described as R10006

Parking

  • 2 Car Garage

Home Design

  • Composition Roof

Interior Spaces

  • 1,910 Sq Ft Home
  • 1-Story Property
  • Formal Dining Room
  • Wood Flooring
  • Skyline Views
  • Crawl Space
  • Washer and Dryer

Kitchen

  • Gas Cooktop
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 063-563-160

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,690

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 68
  • Listing Class: Residential
  • Structure Sq Ft: 1910
  • Year Built: 1950
  • Zoning Description: R10006
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Dining Room: Formal Dining Room
  • Kitchen: Cooktop - Gas, Dishwasher, Garbage Disposal, Refrigerator, Trash Compactor
  • Living Sq Ft: 1910
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Hardwood
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Bathroom: Shower and Tub, Skylight, Stall Shower, Tile, Updated Bath

Exterior Features

  • Foundation: Crawl Space
  • Roof: Composition

Garage/Parking

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

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Sequoia Union High

Lot Info

  • Parcel Number: 063-563-160
  • Lot Acres: 0.1286
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5600.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5600.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Sequoia Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2018
Closed on
May 4, 2018
Sold by
Guo Rui and Li Fenghua
Bought by
8M Property 2 Llc
Seller's Agent
Cici Jiang
Maxreal Property
Buyer's Agent
Minhua Wang
Maxreal
List Price
$988,000
Sold Price
$1,280,000
Premium/Discount to List
$292,000
29.55%
Current Estimated Value
$1,485,238

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,238
Avg. Annual Appreciation
2.06%

Purchase Details

Listed on
Mar 2, 2015
Closed on
Mar 27, 2015
Sold by
Brown Robert C
Bought by
Guo Rui and Li Fenghua
Seller's Agent
Owen Halliday
Christie's International Real Estate Sereno
Buyer's Agent
Cici Jiang
Intero Real Estate Services
List Price
$695,000
Sold Price
$750,000
Premium/Discount to List
$55,000
7.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.82%
Original Mortgage
$562,500
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 23, 2008
Sold by
Countrywide Home Loans Inc
Bought by
Brown Robert C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$398,000
Interest Rate
5.9%
Mortgage Type
VA

Purchase Details

Closed on
Jun 29, 2007
Sold by
Brayham Alexander
Bought by
Countrywide Home Loans Inc

Purchase Details

Closed on
Feb 1, 2007
Sold by
Brayham Alexander
Bought by
Tyra Sonja R

Purchase Details

Closed on
Apr 18, 2006
Sold by
Equity Growth Asset Management
Bought by
Brayham Alexander

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
5.98%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 22, 2006
Sold by
Equity Growth Asset Management
Bought by
Optimal Investments Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
5.98%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 10, 2006
Sold by
Saguid Lomuel Caluya and Saguid Abraham Caluya
Bought by
Equity Growth Asset Management

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
5.98%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 15, 2005
Sold by
Carriel Aracely M and Camacho Aracly
Bought by
Camacho Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 14, 2005
Sold by
Camacho Jose
Bought by
Saguid Lomuel Caluya and Saguid Abraham Caluya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 30, 2003
Sold by
Camacho Aracly
Bought by
Camacho Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
5.83%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Dec 6, 2002
Sold by
Williams Bobby G and Williams Mable L
Bought by
Camacho Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
5.83%
Mortgage Type
Stand Alone First
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
8M Property 2 Llc $1,280,000 Cornerstone Title Co
Guo Rui $700,000 Old Republic Title Company
Brown Robert C $398,000 First American Title Company
Countrywide Home Loans Inc $632,250 Landsafe Title
Tyra Sonja R -- None Available
Brayham Alexander $760,000 Old Republic Title Company
Optimal Investments Lp -- None Available
Equity Growth Asset Management $550,100 None Available
Camacho Jose -- Fidelity National Title
Saguid Lomuel Caluya $655,000 Fidelity National Title
Camacho Jose -- First American Title Company
Camacho Jose $470,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Guo Rui $562,500
Previous Owner Brown Robert C $379,570
Previous Owner Brown Robert C $398,000
Previous Owner Brayham Alexander $152,000
Previous Owner Brayham Alexander $608,000
Previous Owner Saguid Lomuel Caluya $500,000
Previous Owner Camacho Jose $20,000
Previous Owner Camacho Jose G $64,000
Previous Owner Camacho Jose $340,000
Previous Owner Williams Bobby G $50,000
Previous Owner Williams Bobby G $105,000
Closed Saguid Lomuel Caluya $155,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2018 05/11/18 Sold $1,280,000 +29.6% $670 / Sq Ft
05/02/2018 05/02/18 Pending -- -- --
04/23/2018 04/23/18 For Sale $988,000 +31.7% $517 / Sq Ft
04/06/2015 04/06/15 Sold $750,000 +7.9% $393 / Sq Ft
03/12/2015 03/12/15 Pending -- -- --
03/09/2015 03/09/15 For Sale $695,000 0.0% $364 / Sq Ft
03/07/2015 03/07/15 Pending -- -- --
03/02/2015 03/02/15 For Sale $695,000 -- $364 / 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 $17,690 $1,456,415 $711,140 $745,275
2023 $17,690 $1,399,863 $683,527 $716,336
2022 $16,492 $1,372,416 $670,125 $702,291
2021 $16,155 $1,345,507 $656,986 $688,521
2020 $15,937 $1,331,712 $650,250 $681,462
2019 $15,989 $1,305,600 $637,500 $668,100
2018 $10,166 $792,198 $562,989 $229,209
2017 $9,805 $776,665 $551,950 $224,715
2016 $9,717 $761,437 $541,128 $220,309
2015 $4,702 $426,444 $213,222 $213,222
2014 $4,597 $418,092 $209,046 $209,046
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81702169

MLSListings

APN: 063-563-160