NOT LISTED FOR SALE

2081 Ralmar Ave East Palo Alto, CA 94303

Estimated Value: $1,372,000 - $1,858,000

3 Beds
1 Bath
1,000 Sq Ft
$1,564/Sq Ft Est. Value

Last Sold April 08, 2021

Last sale price $1,282,000 $1,282 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $10,004/month

1 Day on Market

Highlights

  • Wood Flooring
  • Quartz Countertops
  • Double Pane Windows
  • Menlo-Atherton High School Rated A
  • Neighborhood Views
  • Walk-In Closet

About This Home

As of April 2021

Nestled near the convenient Willows neighborhood with close proximity to both Downtown Palo Alto and Downtown Menlo Park, as well as commuting routes, this updated home enjoys classic charm with rich hardwood floors and benefits from extensive recent upgrades throughout. An inviting living room centers around a cozy fireplace, flooded with natural light from two sides + recessed lighting. The dining area has french doors that open to a patio, helping maximize the exceptional indoor/outdoor spaces. The custom kitchen is well equipped with a high-end double oven + gas cooktop, under-cabinet lighting, and water filtration. The spacious two-car garage just off the kitchen houses the washer/dryer & leaves plenty of room for storage. A freshly updated bath near to the three light and bright bedrooms. All bedrooms enjoy dual-pane windows plus a sliding glass door in the primary room which opens to the backyard with patio and multi-purpose shed/work from home suite. Enjoy central AC/Heat.

Last Agent to Sell the Property

Brett Caviness

Compass License #01935984 Listed on: 02/18/2021

Compass

Last Buyer's Agent

Kun Yang

Next Realty License #01978388

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,725

Year Built

  • 1952

Lot Details

  • 5,040 Sq Ft Lot
  • Southwest Facing Home
  • Wood Fence
  • Sprinkler System
  • Back Yard

Parking

  • 2 Car Garage
  • Off-Street Parking

Home Design

  • Bungalow
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 1,000 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • Dining Area
  • Neighborhood Views

Kitchen

  • Gas Oven
  • Range Hood
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • 1 Full Bathroom
  • Granite Bathroom Countertops
  • Bathtub with Shower

Laundry

  • Washer and Dryer
  • Laundry Tub

Utilities

  • Forced Air Heating and Cooling System
  • Thermostat

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,725

Year Built

1952

Lot Details

0

Parking

2

Listing Details

  • Zoning: R10006
  • Subclass: Single Family Home
  • Style: Bungalow
  • Age: 69
  • Listing Class: Residential
  • Structure Sq Ft: 1000
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1952

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room, Wood Burning
  • Dining Room: Dining Area
  • Kitchen: Countertop - Quartz, Dishwasher, Garbage Disposal, Hood Over Range, Microwave, Oven - Gas, Oven Range - Built-In, Gas, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1000
  • Stories: 1
  • Bedrooms: Ground Floor Bedroom, Primary Bedroom On Ground Floor
  • Laundry: Electricity Hookup (220V), Gas Hookup, Tub / Sink, Washer / Dryer
  • Flooring: Hardwood, Tile
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Granite, Shower Over Tub - 1, Updated Bath

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition, Shingle
  • View: Neighborhood
  • Yard/Grounds: Back Yard, Fenced, Sprinklers - Lawn
  • Fencing: Wood
  • Property Faces: Southwest
  • Construction Type: Stucco, Wood Frame

Garage/Parking

  • Garage 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
  • Sewer/Septic System: Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Walk-In Closet

Schools

  • School District: Sequoia Union High

Lot Info

  • Lot Acres: 0.1157
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5040.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5040.00

Green Features

  • Energy Features: Double Pane Windows, Thermostat Controller

Multi Family

  • Utilities: Natural Gas, Public Utilities
  • Second Unit Description: Semi-finished

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 15, 2022
Sold by
Chen Yifei
Bought by
Chen Yifei and Chen Bin Xin
Total Days on Market
1
Current Estimated Value
$1,563,528

Purchase Details

Listed on
Feb 18, 2021
Closed on
Mar 16, 2021
Sold by
Pratt Analisa M and The Analisa M Pratt Trust
Bought by
Chen Yifei
Seller's Agent
Brett Caviness
Compass
Buyer's Agent
Kun Yang
Next Realty
List Price
$1,248,000
Sold Price
$1,282,000
Premium/Discount to List
$34,000
2.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.97%
Original Mortgage
$1,089,700
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 6, 2018
Closed on
Feb 21, 2019
Sold by
Milillo Lawrence J and Lawrence J Milillo 2017 Trust
Bought by
Pratt Analisa M and Analisa M Pratt Trust
Seller's Agent
Arpad Racz
Coldwell Banker Realty
Buyer's Agent
Avi Urban
Christie's International Real Estate Sereno
List Price
$1,198,000
Sold Price
$1,073,000
Premium/Discount to List
-$125,000
-10.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.89%
Original Mortgage
$516,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 2017
Sold by
Milillo Lawrence J
Bought by
Milillo Lawrence J

Purchase Details

Closed on
Aug 23, 2004
Sold by
Modeste August R and Manocchio Jean M
Bought by
Milillo Lawrence J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,200
Interest Rate
4.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 15, 1998
Sold by
Aleo Harry J
Bought by
Modeste August R and Manocchio Jean M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
7.11%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 22, 1974
Sold by
Lena Aleo
Bought by
Aleo Harry J and Aleo Lena
Source: Public Records

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Range of Values:

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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
Chen Yifei -- --
Chen Yifei $1,282,000 First American Title Company
Pratt Analisa M $1,080,000 Lawyers Title Company
Milillo Lawrence J -- None Available
Milillo Lawrence J $499,000 First American Title Company
Modeste August R $220,000 First American Title Co
Aleo Harry J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chen Yifei $1,089,700
Previous Owner Pratt Analisa M $511,000
Previous Owner Pratt Analisa M $516,000
Previous Owner Milillo Lawrence J $401,630
Previous Owner Milillo Lawrence J $417,000
Previous Owner Milillo Lawrence J $399,200
Previous Owner Modeste August R $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2021 04/08/21 Sold $1,282,000 +2.7% $1,282 / Sq Ft
02/20/2021 02/20/21 Pending -- -- --
02/18/2021 02/18/21 For Sale $1,248,000 +16.3% $1,248 / Sq Ft
03/08/2019 03/08/19 Sold $1,073,000 -2.3% $1,073 / Sq Ft
02/19/2019 02/19/19 Pending -- -- --
10/28/2018 10/28/18 Price Changed $1,098,000 -6.8% $1,098 / Sq Ft
10/02/2018 10/02/18 Price Changed $1,178,000 -1.7% $1,178 / Sq Ft
09/06/2018 09/06/18 For Sale $1,198,000 -- $1,198 / 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
2023 $14,725 $1,170,000 $828,000 $342,000
2022 $15,785 $1,307,640 $996,540 $311,100
2021 $13,465 $1,105,798 $951,213 $154,585
2020 $13,294 $1,094,460 $941,460 $153,000
2019 $8,310 $623,520 $311,760 $311,760
2018 $8,144 $611,296 $305,648 $305,648
2017 $7,858 $599,310 $299,655 $299,655
2016 $7,800 $587,560 $293,780 $293,780
2015 $7,689 $578,736 $289,368 $289,368
2014 $7,532 $567,400 $283,700 $283,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81830429

MLSListings

APN: 063-141-140