NOT LISTED FOR SALE

2222 Addison Ave East Palo Alto, CA 94303

Estimated Value: $831,000 - $1,016,000

2 Beds
1 Bath
820 Sq Ft
$1,152/Sq Ft Est. Value

Last Sold October 15, 2014

Last sale price $436,000 $532 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $5,653/month

112 Days on Market

Highlights

  • Bay View
  • Wood Flooring
  • 1 Car Attached Garage
  • Menlo-Atherton High School Rated A
  • Covered Patio or Porch
  • Eat-In Kitchen

About This Home

As of October 2014

Great location, perfect for the 1st time home buyer or investor with a total of 3beds, 2 bath, one of the bedrooms and bathrooms are in the converted garage, garage was converted years ago and it is unwarranted. this house shows great bones, live in it as is or come and upgrade as we know east palo alto is great place to invest because of it's geographical location, it is centrally located.

Last Agent to Sell the Property

Omar Landaverde

Alliance Group & Associates, Inc License #01264842 Listed on: 06/05/2014

Alliance Group & Associates, Inc

Last Buyer's Agent

Omar Landaverde

Alliance Group & Associates, Inc License #01264842 Listed on: 06/05/2014

Alliance Group & Associates, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,457

Year Built

  • Built in 1949

Lot Details

  • Fenced
  • Level Lot
  • Front Yard Sprinklers
  • Zoning described as R1

Parking

  • 1 Car Attached Garage

Home Design

  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 820 Sq Ft Home
  • 1-Story Property
  • Bay Window
  • Dining Room
  • Storage Room
  • Bay Views

Kitchen

  • Eat-In Kitchen
  • Built-In Oven

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Heating System Uses Gas
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 063-172-060

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,457

Year Built

Built in 1949

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Age: 65
  • Sale Price Per Sq Ft: 531.71
  • Listing Class: Residential
  • Structure Sq Ft: 820
  • Incorporated: Yes
  • Map Book Page: 791
  • Map Side Coordinate: 1
  • Map Top Coordinate: A
  • Thomas Bros Page: 791
  • Thomas Brothers: A1
  • Year Built: 1949
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Dining Room: No Formal Dining Room, Eat in Kitchen
  • Kitchen: Oven Range - Built-In
  • Living Sq Ft: 820
  • Stories: 1
  • Flooring: Carpet - Area, Hardwood - Partial, Tile
  • Additional Rooms: Storage
  • Maximum Bathrooms: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Bathrooms: 1
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Pool - No
  • Roof: Shingle
  • View: Bay
  • Yard/Grounds: Patio(s), Patio(s)/Deck(s) - Covered, Sprinkler(s) - Front, Fenced
  • Exterior: Wood

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Attached Garage, Converted

Utilities

  • Heating System: Gas
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Bay Window

Schools

  • School District: Sequoia Union High

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 063-172-060
  • List Price per Sq Ft: 548.78
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4200.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 4200.00
  • Lot Size Area Min Search: 4200.00
  • Maximum Lot Size: 4200.00
  • Map Book: Thomas Bros

Multi Family

  • Maximum Building Height: 1
  • Minimum Building Height: 1

MLS Schools

  • High School District Text: Sequoia Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2014
Closed on
Oct 14, 2014
Sold by
Banuelos Odilon
Bought by
Rios Gilberto and Rios Rafaela
Seller's Agent
Omar Landaverde
Alliance Group & Associates, Inc
Buyer's Agent
Omar Landaverde
Alliance Group & Associates, Inc
List Price
$449,900
Sold Price
$436,000
Premium/Discount to List
-$13,900
-3.09%
Current Estimated Value
$944,379

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$508,379
Avg. Annual Appreciation
7.19%
Original Mortgage
$428,102
Interest Rate
4.08%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 5, 2008
Sold by
Deutsche Bank National Trust Co
Bought by
Banuelos Odilon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,000
Interest Rate
6.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 8, 2006
Sold by
Ortega Maria Guadalupe and Santos Roben Antonio
Bought by
Santos Roben Antonio and Ortega Maria Guadalupe

Purchase Details

Closed on
May 23, 2006
Sold by
Ochoa Anibal
Bought by
Santos Roben Antonio and Ortega Maria Guadalupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.46%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 12, 2003
Sold by
Castrejon Alfonso and Castrejon Magdelena
Bought by
Ochoa Anibal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 11, 2003
Sold by
Ochoa Elizabeth
Bought by
Ochoa Anibal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 23, 1999
Sold by
Castrejon Carlos and Castrejon Rebecca
Bought by
Castrejon Alfonso and Castrejon Magdalena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
3.45%
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
Rios Gilberto $436,000 Wfg National Title Ins Co
Banuelos Odilon $260,000 Old Republic Title Company
Santos Roben Antonio -- None Available
Santos Roben Antonio $600,000 Chicago Title Company
Ochoa Anibal $420,000 Fidelity Natl Title Walnut
Ochoa Anibal -- Fidelity Natl Title Walnut
Castrejon Alfonso $190,000 First California Title Compa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rios Gilberto $100,000
Open Rios Gilberto $406,000
Closed Rios Gilberto $50,000
Closed Rios Gilberto $417,000
Closed Rios Gilberto $428,102
Previous Owner Banuelos Odilon $247,000
Previous Owner Santos Roben Antonio $125,000
Previous Owner Santos Roben Antonio $500,000
Previous Owner Ochoa Anibal $320,000
Previous Owner Castrejon Alfonso $290,400
Previous Owner Castrejon Alfonso $225,000
Previous Owner Castrejon Alfonso $170,000
Closed Ochoa Anibal $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2014 10/15/14 Sold $436,000 -3.1% $532 / Sq Ft
09/25/2014 09/25/14 Pending -- -- --
09/13/2014 09/13/14 Price Changed $450,000 0.0% $549 / Sq Ft
09/06/2014 09/06/14 For Sale $449,900 0.0% $549 / Sq Ft
08/19/2014 08/19/14 Pending -- -- --
08/17/2014 08/17/14 For Sale $449,900 0.0% $549 / Sq Ft
08/11/2014 08/11/14 Pending -- -- --
07/30/2014 07/30/14 Price Changed $449,900 -5.3% $549 / Sq Ft
07/10/2014 07/10/14 Price Changed $475,000 +5.6% $579 / Sq Ft
06/05/2014 06/05/14 For Sale $450,000 -- $549 / 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 $7,457 $523,996 $261,998 $261,998
2023 $7,457 $503,650 $251,825 $251,825
2022 $6,908 $493,776 $246,888 $246,888
2021 $6,765 $484,096 $242,048 $242,048
2020 $6,658 $479,134 $239,567 $239,567
2019 $6,674 $469,740 $234,870 $234,870
2018 $6,538 $460,530 $230,265 $230,265
2017 $6,312 $451,500 $225,750 $225,750
2016 $6,281 $442,648 $221,324 $221,324
2015 $6,197 $436,000 $218,000 $218,000
2014 $4,407 $275,856 $170,808 $105,048
Source: Public Records

Agents Affiliated with this Home

  • O

    Seller's Agent in 2014

    Omar Landaverde

    Alliance Group & Associates, Inc

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Map

Source: MLSListings

MLS Number: ML81419841

MLSListings

APN: 063-172-060

California San Mateo County East Palo Alto 94303

2222 Addison Ave, East Palo Alto, CA

This home is located at 2222 Addison Ave, East Palo Alto, CA 94303 since 05 June 2014 and is currently estimated at $944,379, approximately $1,151 per square foot. This property was built in 1949. 2222 Addison Ave is a home located in San Mateo County with nearby schools including Brentwood Academy, Menlo-Atherton High School, and East Palo Alto Academy.

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