NOT LISTED FOR SALE

2216 Clarke Ave East Palo Alto, CA 94303

Estimated Value: $1,632,000 - $2,952,000

6 Beds
3 Baths
5,920 Sq Ft
$422/Sq Ft Est. Value

Last Sold February 28, 2018

Last sale price $1,650,000 $279 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $15,834/month

Highlights

  • Soaking Tub in Primary Bathroom
  • Wood Flooring
  • Attic
  • Menlo-Atherton High School Rated A
  • Main Floor Bedroom
  • Den

About This Home

As of February 2018

This home is located at 2216 Clarke Ave, East Palo Alto, CA 94303 since 12 February 2018 and is currently estimated at $2,497,655, approximately $421 per square foot. This property was built in 1988. 2216 Clarke Ave is a home located in San Mateo County with nearby schools including Brentwood Academy, Menlo-Atherton High School, and Aspire East Palo Alto Charter School.

Last Agent to Sell the Property

Mario Sanchez

TransAmerica Realty License #01389631 Listed on: 02/12/2018

Last Buyer's Agent

Mario Sanchez

TransAmerica Realty License #01389631 Listed on: 02/12/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,250

Year Built

  • Built in 1988

Lot Details

  • 8,978 Sq Ft Lot
  • Security Fence
  • Zoning described as SR1

Parking

  • 2 Car Garage

Home Design

  • Composition Roof

Interior Spaces

  • 5,920 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Family Room with Fireplace
  • Dining Area
  • Den
  • Library
  • Crawl Space
  • Attic

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • 3 Full Bathrooms
  • Soaking Tub in Primary Bathroom
  • Bathtub with Shower
  • Oversized Bathtub in Primary Bathroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer

Eco-Friendly Details

  • Solar owned by a third party
  • Solar Heating System

Utilities

  • Forced Air Heating System
  • Well

Listing and Financial Details

  • Assessor Parcel Number 063-344-690

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,250

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 30
  • Listing Class: Residential
  • Structure Sq Ft: 5920
  • Incorporated: Yes
  • Year Built: 1988
  • Zoning Description: SR1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room
  • Dining Room: Dining Area
  • Living Sq Ft: 5920
  • Stories: 2
  • Security: Security Fence
  • Bedrooms: Ground Floor Bedroom
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Hardwood
  • Additional Rooms: Attic, Den / Study / Office, Laundry Room, Library, Separate Living Unit
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 6
  • Minimum Numberof Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Bathroom: Primary - Oversized Tub, Shower and Tub, Stall Shower - 2+
  • Fireplace: Yes

Exterior Features

  • Foundation: Crawl Space
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 4
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Common Parking Area

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Fireplace, Forced Air, Solar
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: Sequoia Union High

Lot Info

  • Parcel Number: 063-344-690
  • Lot Acres: 0.2061
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8979.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8979.00

Multi Family

  • Utilities: Solar Panels - Leased

MLS Schools

  • High School District Text: Sequoia Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 2021
Sold by
Johal Jasjit S and Johal Kamaljit K
Bought by
Johal Jasjit Singh and Johal Kamaljit Kaur
Total Days on Market
0
Current Estimated Value
$2,497,655

Purchase Details

Listed on
Feb 12, 2018
Closed on
Feb 16, 2018
Sold by
Varela Matias Rubio
Bought by
Johal Jasjit S and Johal Kamaljit K
Seller's Agent
Mario Sanchez
TransAmerica Realty
Buyer's Agent
Mario Sanchez
TransAmerica Realty
List Price
$1,700,000
Sold Price
$1,650,000
Premium/Discount to List
-$50,000
-2.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.94%
Original Mortgage
$1,102,500
Outstanding Balance
$929,551
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,410,524

Purchase Details

Closed on
Apr 4, 1995
Sold by
Varela Christine
Bought by
Varela Joel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
8.81%

Purchase Details

Closed on
May 21, 1994
Sold by
Varela Christine
Bought by
Varela Joel R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,801
Interest Rate
8.3%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 17, 1994
Sold by
Price Stuart H and Price Nancy G
Bought by
Varela Joel R and Varela Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,801
Interest Rate
8.3%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 13, 1994
Sold by
Varela Christine
Bought by
Varela Joel R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,801
Interest Rate
8.3%
Mortgage Type
Seller Take Back
Source: Public Records

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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
Johal Jasjit Singh -- None Available
Johal Jasjit S $410,000 First American Title Co
Varela Joel -- --
Varela Joel R -- First American Title Ins Co
Varela Joel R -- First American Title Ins Co
Varela Joel R -- First American Title Ins Co
Varela Joel R -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johal Jasjit S $1,102,500
Previous Owner Varela Joel $45,000
Previous Owner Varela Joel R $9,801
Previous Owner Varela Joel R $233,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2018 02/28/18 Sold $1,650,000 -2.9% $279 / Sq Ft
02/12/2018 02/12/18 Pending -- -- --
02/12/2018 02/12/18 For Sale $1,700,000 -- $287 / 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 $22,250 $1,804,514 $656,187 $1,148,327
2022 $20,819 $1,769,132 $643,321 $1,125,811
2021 $21,595 $1,734,444 $630,707 $1,103,737
2020 $20,727 $1,716,660 $624,240 $1,092,420
2019 $21,123 $1,683,000 $612,000 $1,071,000
2018 $5,873 $452,463 $412,667 $39,796
2017 $5,101 $443,592 $404,576 $39,016
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81692291

MLSListings

APN: 063-344-690