NOT LISTED FOR SALE

2123 Clarke Ave East Palo Alto, CA 94303

Estimated Value: $1,875,000 - $2,330,000

4 Beds
3 Baths
1,986 Sq Ft
$1,022/Sq Ft Est. Value

Last Sold May 04, 2022

Last sale price $1,450,000 $730 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $13,497/month

67 Days on Market

Highlights

  • Open to Family Room
  • Forced Air Heating and Cooling System
  • 1-Story Property
  • Menlo-Atherton High School Rated A
  • Family or Dining Combination

About This Home

As of May 2022

Harcourts Luxury Live Auction - Bidding to start from $1,249,000 12:00pm April 7, 2022. All buyers and financing options welcome. Contingencies and variations to terms considered. No buyer premium or additional fees. All disclosures and reports available. Submit pre-emptive offer to stop auction. Contact for further information Beautiful home newly built in 2016 - 4 bed, 3 bathroom home in the heart of the San Francisco peninsula. This home rests on a 5,100 sqft generously-sized lot, open-concept gathering area, private backyard, stainless-steel appliances and much more which invites you to relax in an excellent entertaining environment, natural light brightens the interiors, which boasts features, vibrant bathroom tile work and an extra large 2 car garage. Enjoy prime access to everything, public transport, schools, work, popular shopping, dining and entertainments. A must see!

Last Agent to Sell the Property

Juan Ortiz

KW Santa Clara Valley Inc License #01339407 Listed on: 02/02/2022

KW Santa Clara Valley Inc

Last Buyer's Agent

Graeham Watts

Intero Real Estate Services License #01466876

Intero Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,232

Year Built

  • 1951

Lot Details

  • 5,110

Parking

  • 2 Car Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,986 Sq Ft Home
  • 1-Story Property
  • Family or Dining Combination
  • Open to Family Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • 5,110 Sq Ft Lot
  • Forced Air Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,232

Year Built

1951

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Age: 71
  • Listing Class: Residential
  • Structure Sq Ft: 1986
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1951

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: Dining Area In Family Room
  • Living Sq Ft: 1986
  • Stories: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bedrooms: 4

Exterior Features

  • Foundation: Concrete Perimeter
  • 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 - Gas
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: Sequoia Union High

Lot Info

  • Lot Acres: 0.1173
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5109.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5109.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2022
Closed on
Mar 15, 2022
Sold by
Ortiz Juan J and Ortiz Rosalina
Bought by
Sharma Dinesh and Sadasivan Beena Vijayakumari
Seller's Agent
Juan Ortiz
KW Santa Clara Valley Inc
Buyer's Agent
Graeham Watts
Intero Real Estate Services
List Price
$1,499,000
Sold Price
$1,450,000
Premium/Discount to List
-$49,000
-3.27%
Total Days on Market
67
Current Estimated Value
$2,029,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$579,756
Avg. Annual Appreciation
11.50%
Original Mortgage
$1,552,000
Outstanding Balance
$1,454,880
Interest Rate
3.38%
Mortgage Type
New Conventional
Estimated Equity
$574,876
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
Sharma Dinesh $2,020,000 New Title Company Name
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sharma Dinesh $1,552,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2022 05/04/22 Sold $1,450,000 +16.1% $730 / Sq Ft
04/11/2022 04/11/22 Pending -- -- --
03/23/2022 03/23/22 Price Changed $1,249,000 -16.7% $629 / Sq Ft
03/14/2022 03/14/22 For Sale $1,499,000 0.0% $755 / Sq Ft
02/08/2022 02/08/22 Pending -- -- --
02/02/2022 02/02/22 For Sale $1,499,000 -- $755 / 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 $25,232 $2,000,000 $683,000 $1,317,000
2022 $15,659 $1,296,093 $328,093 $968,000
2021 $10,270 $805,660 $321,660 $484,000
2020 $4,310 $318,362 $318,362 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81876583

MLSListings

APN: 063-374-500