$638,000
SOLD MAR 15, 2017

2239 Menalto Ave East Palo Alto, CA 94303

2 Beds
1 Bath
800 Sq Ft
6,490 Sq Ft Lot

Recently Sold

$798 Per Sq Ft

5% Below List Price

11 Days on Market

Highlights

  • Bathtub with Shower
  • Tile Countertops
  • Combination Dining and Living Room
  • Menlo-Atherton High School Rated A
  • Tile Flooring
  • Satellite Dish

About This Home

As of April 2024

Home located on 6500 square foot lot. Close to Facebook. Within commute distance of Stanford, Silicon Valley and San Francisco.A diamond in the rough with upside investment potential. Must see to appreciate.

Last Agent to Sell the Property

Ken Harris

Alpha Pacific Realty License #00497905 Listed on: 10/31/2016

Last Buyer's Agent

Sasai Zhang

KW Advisors License #01975058

KW Advisors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,544

Year Built

  • Built in 1949

Lot Details

  • 6,490 Sq Ft Lot
  • Wood Fence
  • Level Lot
  • Back Yard Fenced
  • Zoning described as R10006

Parking

  • 1 Car Garage
  • On-Street Parking

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 800 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Gas Dryer Hookup

Kitchen

  • Gas Oven
  • Range Hood
  • Tile Countertops

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Utilities

  • Wall Furnace
  • Heating System Uses Gas
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 062-243-120

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,544

Year Built

Built in 1949

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Age: 67
  • Listing Class: Residential
  • Structure Sq Ft: 800
  • Incorporated: Yes
  • Year Built: 1949
  • Zoning Description: R10006
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area in Living Room
  • Kitchen: Countertop - Tile, Hood Over Range, Hookups - Gas, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 800
  • Stories: 1
  • Laundry: Gas Hookup, Hookup - Washer/Dryer
  • Flooring: Carpet, Tile, Vinyl / Linoleum
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Shower and Tub

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Yard/Grounds: Back Yard, Fenced
  • Fencing: Fenced Back, Wood
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Attached Garage, On Street

Utilities

  • Heating System: Gas, Wall Furnace
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Schools

  • School District: Sequoia Union High

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 062-243-120
  • Lot Acres: 0.1490
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6499.15
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6499.15
  • Soil: Unknown

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Sequoia Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2024
Closed on
Apr 22, 2024
Sold by
Do Minh N and Nguyen Phuong N
Bought by
Jayaraman Sumita
Seller's Agent
Daniel Felski
Coldwell Banker Realty
Buyer's Agent
Shannon Farrell
Utopia Real estate
List Price
$899,000
Sold Price
$950,000
Premium/Discount to List
$51,000
5.67%
Total Days on Market
11
Views
33
Current Estimated Value
$927,152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,848
Avg. Annual Appreciation
-2.21%
Original Mortgage
$665,000
Outstanding Balance
$658,509
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$268,643

Purchase Details

Closed on
Mar 14, 2022
Sold by
Palo Alto Park Mutual Water Company
Bought by
Palo Alto Park Mutual Water Company

Purchase Details

Listed on
Oct 31, 2016
Closed on
Mar 3, 2017
Sold by
Gray Falandrus Bill and Gray Gwendolyn J
Bought by
Do Minh N and Nguyen Phuong N
Seller's Agent
Ken Harris
Alpha Pacific Realty
Buyer's Agent
Sasai Zhang
KW Advisors
List Price
$675,000
Sold Price
$638,000
Premium/Discount to List
-$37,000
-5.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.65%
Original Mortgage
$465,000
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 2000
Sold by
Payne Alfred L
Bought by
Gray Falandrus Bill and Gray Gwendolyn Joy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.35%
Mortgage Type
Assumption

Purchase Details

Closed on
Apr 28, 1998
Sold by
Payne Alfred L and Payne Ethel
Bought by
Payne Alfred L and Payne Ethel

Purchase Details

Closed on
Dec 11, 1997
Sold by
Payne Alfred L
Bought by
Payne Alfred L and Payne Ethel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
7.16%
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 Type Sale Price Title Company
Grant Deed $950,000 Old Republic Title
Grant Deed -- None Listed On Document
Grant Deed $620,000 Old Republic Title Company
Interfamily Deed Transfer -- Fidelity National Title Co
Interfamily Deed Transfer -- --
Gift Deed -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $665,000 New Conventional
Previous Owner $463,000 New Conventional
Previous Owner $450,000 New Conventional
Previous Owner $465,000 New Conventional
Previous Owner $435,000 Negative Amortization
Previous Owner $296,000 Unknown
Previous Owner $291,200 Unknown
Previous Owner $260,000 Unknown
Previous Owner $50,000 Credit Line Revolving
Previous Owner $140,000 Assumption
Previous Owner $65,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2024 04/30/24 Sold $950,000 +5.7% $1,188 / Sq Ft
04/11/2024 04/11/24 Pending -- -- --
03/31/2024 03/31/24 For Sale $899,000 +40.9% $1,124 / Sq Ft
03/15/2017 03/15/17 Sold $638,000 +6.3% $798 / Sq Ft
11/12/2016 11/12/16 Pending -- -- --
11/08/2016 11/08/16 Price Changed $599,950 -11.1% $750 / Sq Ft
10/31/2016 10/31/16 For Sale $675,000 -- $844 / 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 $10,544 $711,696 $600,146 $111,550
2022 $9,813 $697,742 $588,379 $109,363
2021 $9,599 $684,062 $576,843 $107,219
2020 $9,436 $677,049 $570,929 $106,120
2019 $9,414 $663,775 $559,735 $104,040
2018 $9,214 $650,760 $548,760 $102,000
2017 $2,239 $35,228 $9,453 $25,775
2016 $2,239 $34,538 $9,268 $25,270
2015 $2,175 $34,020 $9,129 $24,891
2014 $2,087 $33,355 $8,951 $24,404
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81630369

MLSListings

APN: 062-243-120