NOT LISTED FOR SALE

2247 University Ave East Palo Alto, CA 94303

Estimated Value: $1,116,000 - $1,322,000

3 Beds
1.5 Baths
1,500 Sq Ft
$813/Sq Ft Est. Value

Last Sold December 20, 2023

Last sale price $1,080,000 $720 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $7,487/month

30 Days on Market

Highlights

  • 0.3 Acre Lot
  • Ranch Style House
  • 2 Car Detached Garage
  • Menlo-Atherton High School Rated A
  • Wood Flooring
  • 4-minute walk to Bell Street Park

About This Home

As of December 2023

WELCOME HOME TO THIS 3 BEDRROM / 1 1/2 PROPERTY NESTLED ON A 12,993 SQ. FT. LOT. ADU PROVIDES ADDITIONAL INCOME, BATHROOM PREVIOUSLY REMODELEDAND DOUBLE PANE WINDOWS. LOCATED TO STANFORD, META AND SILICON VALLEY. HOME IS A DIAMOND IN THE ROUGH.

Last Agent to Sell the Property

Ken Harris

Alpha Pacific Realty License #00497905 Listed on: 10/21/2023

Last Buyer's Agent

Amelia Middel

Coldwell Banker Realty License #01103989

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,456

Year Built

  • Built in 1949

Lot Details

  • 0.3 Acre Lot
  • South Facing Home
  • Back and Front Yard Fenced
  • Level Lot
  • Zoning described as R10025

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 1,500 Sq Ft Home
  • Skylights
  • Double Pane Windows
  • Living Room with Fireplace
  • Dining Area
  • Eat-In Kitchen
  • Laundry Room
  • Unfinished Basement

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Additional Homes

  • 1 SF Accessory Dwelling Unit
  • Accessory Dwelling Unit (ADU)

Utilities

  • Floor Furnace
  • Vented Exhaust Fan
  • Tankless Water Heater
  • Fiber Optics Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 063-302-230

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,456

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Age: 74
  • Listing Class: Residential
  • Second Res Apx Sq Ft: 1
  • Structure Sq Ft: 1500
  • Incorporated: Yes
  • Year Built: 1949
  • Zoning Description: R10025
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room
  • Dining Room: Dining Area, Eat in Kitchen
  • Kitchen: Exhaust Fan, Hookups - Gas, Refrigerator
  • Living Sq Ft: 1500
  • Flooring: Hardwood, Tile, Vinyl / Linoleum
  • Additional Rooms: Basement - Unfinished, Laundry Room
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Oversized Tub, Stall Shower, Tile
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Yard/Grounds: Fenced
  • Fencing: Fenced Back, Fenced Front, Gate
  • Property Faces: South
  • Construction Type: Stucco, Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 6
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Detached Garage

Utilities

  • Heating System: Floor Furnace
  • Sewer/Septic System: Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Skylight

Schools

  • School District: Sequoia Union High

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 063-302-230
  • Lot Acres: 0.2983
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 12993.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 12993.00
  • Soil: Unknown

Green Features

  • Energy Features: Double Pane Windows, Tankless Water Heater

Multi Family

  • Utilities: Natural Gas, Public Utilities
  • Second Unit Description: ADU

MLS Schools

  • High School District Text: Sequoia Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2023
Closed on
Dec 5, 2023
Sold by
Eve B Fishman Revocable Living Trust
Bought by
Banderas Irma Barrera and Barrera Eric
Seller's Agent
Ken Harris
Alpha Pacific Realty
Buyer's Agent
Amelia Middel
Coldwell Banker Realty
List Price
$1,650,000
Sold Price
$1,080,000
Premium/Discount to List
-$570,000
-34.55%
Views
45
Current Estimated Value
$1,180,261

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,261
Avg. Annual Appreciation
5.06%
Original Mortgage
$1,045,710
Outstanding Balance
$1,037,975
Interest Rate
7.5%
Mortgage Type
FHA
Estimated Equity
$142,286

Purchase Details

Closed on
Feb 27, 2012
Sold by
Fishman Eve
Bought by
Fishman Eve B

Purchase Details

Closed on
Feb 3, 2012
Sold by
Fishman Eve
Bought by
Fishman Eve

Purchase Details

Closed on
Aug 7, 2009
Sold by
Fishman Charlesetta
Bought by
Fishman Charlesetta
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
Banderas Irma Barrera $1,080,000 Old Republic Title
Fishman Eve B -- None Available
Fishman Eve -- None Available
Fishman Charlesetta -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Banderas Irma Barrera $1,045,710
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2023 12/20/23 Sold $1,080,000 -16.9% $720 / Sq Ft
11/21/2023 11/21/23 Pending -- -- --
11/08/2023 11/08/23 Price Changed $1,300,000 -10.3% $867 / Sq Ft
10/27/2023 10/27/23 Price Changed $1,450,000 -12.1% $967 / Sq Ft
10/21/2023 10/21/23 For Sale $1,650,000 -- $1,100 / 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 $14,456 $1,101,600 $882,300 $219,300
2023 $14,456 $59,818 $12,938 $46,880
2022 $2,762 $58,646 $12,685 $45,961
2021 $2,714 $57,497 $12,437 $45,060
2020 $2,662 $56,908 $12,310 $44,598
2019 $2,661 $55,793 $12,069 $43,724
2018 $2,578 $54,700 $11,833 $42,867
2017 $2,519 $53,628 $11,601 $42,027
2016 $2,557 $52,577 $11,374 $41,203
2015 $2,470 $51,789 $11,204 $40,585
2014 $2,408 $50,775 $10,985 $39,790
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81945808

MLSListings

APN: 063-302-230