$1,073,000
SOLD MAR 8, 2019

2081 Ralmar Ave East Palo Alto, CA 94303

3 Beds
1 Bath
1,000 Sq Ft
5,040 Sq Ft Lot

Recently Sold

$1,073 Per Sq Ft

10% Below List Price

165 Days on Market

Highlights

  • Wood Burning Stove
  • Traditional Architecture
  • Granite Countertops
  • Menlo-Atherton High School Rated A
  • Wood Flooring
  • Neighborhood Views

About This Home

As of April 2021

Truly One of a Kind Craftsman Single Family Home with Quality Custom finishes throughout. Solid Oak Hardwood Flooring, Handmade Crown Moldings plus Wooden Window and Interior Door Framing. Perfectly Remodeled Custom Kitchen has Recessed and Drop Lighting, Oversized Stainless Steel Sink with real stone backsplash plus dishwasher. Original fully functioning Gas Wedgewood Double Oven with 4 burner gas stovetop. 3 bedrooms in total, Large Master Bedroom with walk-in closet and one bedroom has built-in Murphys Bed which offers additional floorspace options (Yoga/Fitness/Office Space). Private & Quiet Backyard has lots of room for entertaining and large Organic Soil Garden plus a Workshop with power and separate Storage Shed. Washer and Dryer included, 2 car garage with optional workbench. Just less than a 2 mile drive to Facebook HQ and approximately a 10 minute drive to Googleplex!!

Last Agent to Sell the Property

Arpad Racz

Coldwell Banker Realty License #01274256 Listed on: 09/06/2018

Coldwell Banker Realty

Last Buyer's Agent

Avi Urban

Christie's International Real Estate Sereno License #01485729

Christie's International Real Estate Sereno

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,725

Year Built

  • Built in 1952

Lot Details

  • 5,040 Sq Ft Lot
  • Southwest Facing Home
  • Wood Fence
  • Level Lot
  • Sprinklers on Timer
  • Back Yard
  • Zoning described as R10006

Parking

  • 2 Car Garage
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

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

Kitchen

  • Double Oven
  • Gas Oven
  • Range Hood
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry in Garage
  • Dryer
  • Washer
  • Laundry Tub

Outdoor Features

  • Balcony
  • Shed

Utilities

  • Forced Air Heating System
  • Satellite Dish
  • Cable TV Available

Community Details

  • Courtyard

Listing and Financial Details

  • Assessor Parcel Number 063-141-140

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,725

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Traditional
  • Age: 66
  • Listing Class: Residential
  • Structure Sq Ft: 1000
  • Year Built: 1952
  • Zoning Description: R10006
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room, Wood Burning
  • Dining Room: Dining Area, No Formal Dining Room
  • Kitchen: Countertop - Granite, Dishwasher, Hood Over Range, Oven - Double, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 1000
  • Stories: 1
  • Bedrooms: Ground Floor Bedroom
  • Laundry: Dryer, Electricity Hookup (220V), Gas Hookup, In Garage, Tub / Sink, Washer
  • Flooring: Hardwood
  • Additional Rooms: Formal Entry
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Shower over Tub - 1
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • View: Neighborhood
  • Yard/Grounds: Back Yard, Balcony / Patio, Courtyard, Fenced, Sprinklers - Auto, Sprinklers - Lawn, Storage Shed / Structure
  • Fencing: Wood
  • Property Faces: Southwest
  • Construction Type: Stucco, 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

  • Heating System: Central Forced Air - Gas, Stove - Wood
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: Sequoia Union High

Lot Info

  • Lot Description: Grade - Level, Regular
  • Parcel Number: 063-141-140
  • 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

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
Dec 15, 2022
Sold by
Chen Yifei
Bought by
Chen Yifei and Chen Bin Xin
Total Days on Market
165
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 Type Sale Price Title Company
Gift Deed -- --
Grant Deed $1,282,000 First American Title Company
Grant Deed $1,080,000 Lawyers Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $499,000 First American Title Company
Grant Deed $220,000 First American Title Co
Gift Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,089,700 New Conventional
Previous Owner $511,000 New Conventional
Previous Owner $516,000 New Conventional
Previous Owner $401,630 New Conventional
Previous Owner $417,000 Unknown
Previous Owner $399,200 Purchase Money Mortgage
Previous Owner $175,000 Seller Take Back
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: ML81722075

MLSListings

APN: 063-141-140