NOT LISTED FOR SALE

1654 Michigan Ave East Palo Alto, CA 94303

Estimated Value: $1,001,000 - $1,219,000

3 Beds
2 Baths
1,510 Sq Ft
$730/Sq Ft Est. Value

Last Sold February 24, 2021

Last sale price $950,000 $629 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $7,141/month

56 Days on Market

Highlights

  • Art Studio
  • Home Theater
  • Recreation Room
  • Menlo-Atherton High School Rated A
  • Primary Bedroom Suite
  • 3-minute walk to Jack Farrell Park

About This Home

As of February 2021

Tired of commuting or renting? Looking for a good investment? Own this Palo Alto home located right in Silicon Valley and offering easy access to many tech campuses including Facebook, Amazon and Google, Stanford University and much more. With excellent pride of home ownership shown throughout, this 3 bedroom, 2 bathroom was remodeled in 2017 and well maintained since. The beautiful kitchen features tile floors, quartz counter tops, breakfast bar, gas range and stainless steel appliances. Lovely laminate flooring throughout with tile floors in the bathrooms. Recessed lighting and large double pane windows provide ample light for the entire home. Master suite has an ensuite bathroom with a walk in closet. Bonus sun room is great for entertaining or used as an office. Easy access to Hwy 101 and Dumbarton Bridge. Close to exciting amenities of downtown Palo Alto and Menlo Park, recreation and shopping. Must see!

Last Agent to Sell the Property

Trung Nguyen

Azealty License #01971464 Listed on: 11/11/2020

Azealty

Last Buyer's Agent

Terri Lynn Bradley-Cowan

RE/MAX Gold License #01428848

RE/MAX Gold

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,624

Year Built

  • 1952

Lot Details

  • 5,001 Sq Ft Lot
  • Grass Covered Lot
  • Back Yard Fenced

Parking

  • 2 Car Garage
  • Off-Street Parking

Home Design

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

Interior Spaces

  • 1,510 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Home Theater
  • Den
  • Recreation Room
  • Bonus Room
  • Art Studio
  • Workshop
  • Neighborhood Views
  • Laundry in Garage

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Gas Oven
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Quartz Countertops
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Dual Sinks
  • Low Flow Toliet
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower
  • Low Flow Shower

Eco-Friendly Details

  • Energy-Efficient HVAC
  • ENERGY STAR/CFL/LED Lights

Outdoor Features

  • Barbecue Area

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan

Community Details

  • Courtyard

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,624

Year Built

1952

Lot Details

0

Parking

2

Listing Details

  • Zoning: R10006
  • Subclass: Single Family Home
  • Age: 68
  • Listing Class: Residential
  • Structure Sq Ft: 1510
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1952

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Living Room, Wood Burning
  • Dining Room: Breakfast Bar, Dining Area, Dining Area In Living Room
  • Kitchen: Countertop - Quartz, Dishwasher, Exhaust Fan, Garbage Disposal, Microwave, Oven Range - Gas, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1510
  • Stories: 1
  • Bedrooms: Ground Floor Bedroom, Primary Bedroom On Ground Floor, Primary Suite / Retreat, More Than One Bedroom On Ground Floor, Walk-In Closet
  • Laundry: In Garage
  • Flooring: Laminate, Tile
  • Additional Rooms: Artist Studio, Bonus / Hobby Room, Media / Home Theater, Office Area, Recreation Room, Workshop
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Primary - Stall Shower(s), Shower Over Tub - 1, Tile, Updated Bath

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tar And Gravel
  • View: Neighborhood
  • Yard/Grounds: Back Yard, Bbq Area, Courtyard, Fenced, Low Maintenance
  • Fencing: Fenced, Fenced Back
  • Construction Type: Wood Frame

Garage/Parking

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

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Open Beam Ceiling, Skylight, Vaulted Ceiling

Schools

  • School District: Sequoia Union High

Lot Info

  • Lot Description: Regular
  • 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

Green Features

  • Energy Features: Double Pane Windows, Energy Star Appliances, Energy Star Hvac, Energy Star Lighting, Low Flow Shower, Low Flow Toilet

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2020
Closed on
Jan 11, 2021
Sold by
Nguyen Alan
Bought by
Silvis Melissa
Seller's Agent
Trung Nguyen
Azealty
Buyer's Agent
Terri Lynn Bradley-Cowan
RE/MAX Gold
List Price
$899,999
Sold Price
$950,000
Premium/Discount to List
$50,001
5.56%
Current Estimated Value
$1,102,162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,162
Avg. Annual Appreciation
3.36%
Original Mortgage
$950,000
Outstanding Balance
$851,608
Interest Rate
2.7%
Mortgage Type
VA
Estimated Equity
$250,939

Purchase Details

Closed on
May 22, 2019
Sold by
Tran Chi Tri
Bought by
Nguyen Alan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 15, 2019
Sold by
Turn Key Asset Inc
Bought by
Tran Chi Tri

Purchase Details

Closed on
Feb 14, 2019
Sold by
Tran Tina Thuyduong
Bought by
Tran Chi Tri

Purchase Details

Closed on
Apr 27, 2015
Sold by
Jennings Ernest R and Jennings Barbara L
Bought by
Turn Key Asset Inc

Purchase Details

Closed on
Jun 4, 2009
Sold by
Jennings Ernest R and Jennings Barbara L
Bought by
Jennings Ernest R and Jennings Barbara L
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
Silvis Melissa $950,000 Stewart Title Of Ca Inc
Nguyen Alan -- Chicago Title Company
Tran Chi Tri $900,000 None Available
Tran Chi Tri -- None Available
Turn Key Asset Inc $425,000 Chicago Title Company
Jennings Ernest R -- Chicago Title Company
Jennings Ernest R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Silvis Melissa $950,000
Previous Owner Nguyen Alan $585,000
Previous Owner Jennings Ernest R $243,000
Previous Owner Jennings Ernest R $164,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2021 02/24/21 Sold $950,000 +5.6% $629 / Sq Ft
01/07/2021 01/07/21 Pending -- -- --
11/11/2020 11/11/20 For Sale $899,999 -- $596 / 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 $13,624 $1,028,309 $552,040 $476,269
2023 $13,624 $988,380 $530,604 $457,776
2022 $12,695 $969,000 $520,200 $448,800
2021 $14,837 $1,164,540 $571,964 $592,576
2020 $14,612 $1,152,600 $566,100 $586,500
2019 $8,020 $538,690 $436,341 $102,349
2018 $7,844 $528,129 $427,786 $100,343
2017 $7,536 $517,775 $419,399 $98,376
2016 $7,453 $507,624 $411,176 $96,448
2015 $2,034 $46,009 $8,626 $37,383
2014 $1,843 $45,109 $8,458 $36,651
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81819909

MLSListings

APN: 063-111-080