NOT LISTED FOR SALE

2227 Menalto Ave East Palo Alto, CA 94303

Estimated Value: $788,000 - $1,184,000

3 Beds
1 Bath
1,040 Sq Ft
$956/Sq Ft Est. Value

Last Sold May 19, 2017

Last sale price $790,000 $760 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $6,317/month

13 Days on Market

Highlights

  • Wood Flooring
  • Dining Area
  • 1-Story Property
  • Menlo-Atherton High School Rated A
  • Wood Burning Fireplace

About This Home

As of May 2017

Never before seen on the MLS - One owner home! This home features refinished original oak wood flooring, dining room with a large window to bring in natural light into the home, eat-in kitchen, living room with a fireplace, spacious backyard with room for expansion, fenced front yard and off street parking. The bathroom was remodeled for an aging in place family member. (Estimates for installing a ceramic tub and tile are available upon request). Family member passed away in the home of natural causes. In the heart of the Silicon Valley; minutes from University Square, new Amazon campus, Facebook HQ, Google, Stanford Shopping Mall, Stanford University, Ikea, Palo Alto, Golf Course, Palo Alto Airport, Bay Trail, & more. Easy Commute access to 101, Dumbarton Bridge, and down town Palo Alto University Avenue Cal train Station.

Last Agent to Sell the Property

Jane Jones

Keller Williams Palo Alto License #01847801 Listed on: 04/28/2017

Keller Williams Palo Alto

Last Buyer's Agent

Yifang Yang

Coldwell Banker Realty License #01371905

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,480

Year Built

  • 1947

Lot Details

  • 6,490

Parking

  • 1 Car Garage
  • Off-Street Parking

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,040 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Dining Area
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Additional Features

  • 6,490 Sq Ft Lot
  • Wall Furnace

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,480

Year Built

1947

Lot Details

0

Parking

1

Listing Details

  • Zoning: R10006
  • Subclass: Single Family Home
  • Age: 70
  • Listing Class: Residential
  • Structure Sq Ft: 1040
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1947

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining Area
  • Fireplace: Yes
  • Living Sq Ft: 1040
  • Stories: 1
  • Flooring: Hardwood
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Off-Street Parking

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Sequoia Union High

Lot Info

  • Lot Acres: 0.1490
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6500.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6500.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 14, 2022
Sold by
Palo Alto Park Mutual Water Company
Bought by
Palo Alto Park Mutual Water Company
Total Days on Market
13
Current Estimated Value
$994,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$606,000
Outstanding Balance
$571,002
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$426,734

Purchase Details

Closed on
Dec 19, 2017
Sold by
Cul Wei
Bought by
Zhu Yanhua

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,000
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Apr 28, 2017
Closed on
May 12, 2017
Sold by
Morton Karen L and Morton Kimberley J
Bought by
Zhu Yanhua
Seller's Agent
Jane Jones
Keller Williams Palo Alto
Buyer's Agent
Yifang Yang
Coldwell Banker Realty
List Price
$700,000
Sold Price
$790,000
Premium/Discount to List
$90,000
12.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.95%

Purchase Details

Closed on
Oct 27, 1998
Sold by
Morton Wm A and Morton L A
Bought by
Morton William A and Morton La Argentina
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
Palo Alto Park Mutual Water Company -- None Listed On Document
Zhu Yanhua -- Fidelity National Title
Zhu Yanhua $790,000 Chicago Title Company
Morton William A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhu Yanhua $606,000
Previous Owner Zhu Yanhua $395,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2017 05/19/17 Sold $790,000 +12.9% $760 / Sq Ft
05/11/2017 05/11/17 Pending -- -- --
04/28/2017 04/28/17 For Sale $700,000 -- $673 / 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 $12,480 $881,254 $616,879 $264,375
2022 $11,626 $863,976 $604,784 $259,192
2021 $11,376 $847,036 $592,926 $254,110
2020 $11,191 $838,352 $586,847 $251,505
2019 $11,176 $821,915 $575,341 $246,574
2018 $10,947 $805,800 $564,060 $241,740
2017 $2,219 $40,406 $9,453 $30,953
2016 $2,218 $39,615 $9,268 $30,347
2015 $2,153 $39,021 $9,129 $29,892
2014 $2,064 $38,258 $8,951 $29,307
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81646284

MLSListings

APN: 062-243-150