NOT LISTED FOR SALE

2248 Cooley Ave East Palo Alto, CA 94303

Estimated Value: $1,054,000 - $1,283,000

2 Beds
1 Bath
1,230 Sq Ft
$943/Sq Ft Est. Value

Last Sold March 09, 2016

Last sale price $717,000 $583 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $7,472/month

14 Days on Market

Highlights

  • Solid Surface Bathroom Countertops
  • Granite Countertops
  • Bathtub with Shower
  • Menlo-Atherton High School Rated A
  • Formal Dining Room
  • Forced Air Heating System

About This Home

As of March 2016

This tastefully remodeled 1230 sq. ft. home has two bedrooms, formal dining room can be converted to 3rd bedroom, one bath and one car garage. Updated kitchen with new cabinets, granite counter tops & stainless steel appliances. New laminated wood & tile floors thru-out. New dual pane windows. Updated Bathroom. New interior & exterior paint. Easy access to HWY 101, 84, IKEA, Home Depot, shopping center & restaurants. Easy commute to Facebook, new Google campus, Stanford Shopping Center. .Open house 2/5/16 3:00 to 6:30 pm,, 2/6/16 1:30 pm to 4:30 pm

Last Agent to Sell the Property

Willie Salgado

Willie Salgado, INC License #00497497 Listed on: 01/23/2016

Last Buyer's Agent

Wanda Haynes

eXp Realty of California License #01316881

eXp Realty of California

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,205

Year Built

  • Built in 1951

Lot Details

  • 5,401 Sq Ft Lot
  • Fenced

Parking

  • 1 Car Garage

Home Design

  • Composition Roof

Interior Spaces

  • 1,230 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Formal Dining Room
  • Laminate Flooring
  • Crawl Space

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Solid Surface Bathroom Countertops
  • Bathtub with Shower

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 063-361-320

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,205

Year Built

Built in 1951

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Age: 65
  • Listing Class: Residential
  • Structure Sq Ft: 1230
  • Year Built: 1951
  • Zoning Description: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Garbage Disposal, Hookups - Ice Maker, Microwave, Oven Range - Gas
  • Living Sq Ft: 1230
  • Stories: 1
  • Flooring: Laminate
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Shower and Tub, Solid Surface
  • Fireplace: Yes

Exterior Features

  • Foundation: Crawl Space
  • Roof: Composition
  • Fencing: Fenced

Garage/Parking

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

Utilities

  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Sequoia Union High

Lot Info

  • Parcel Number: 063-361-320
  • Lot Acres: 0.1240
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5400.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5400.00

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
Jan 23, 2016
Closed on
Mar 3, 2016
Sold by
Salgado William L and Salgado Rosemarie S
Bought by
Akbar Imran and Khanani Nehel
Seller's Agent
Willie Salgado
Willie Salgado, INC
Buyer's Agent
Wanda Haynes
eXp Realty of California
List Price
$740,000
Sold Price
$717,000
Premium/Discount to List
-$23,000
-3.11%
Current Estimated Value
$1,194,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$477,186
Avg. Annual Appreciation
5.45%
Original Mortgage
$517,000
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 27, 2015
Closed on
Sep 24, 2015
Sold by
Mcgrew Carolyn
Bought by
Willie Salgado Inc Retirement Plan and Salgado Rosemarie S
Seller's Agent
Wanda Haynes
eXp Realty of California
Buyer's Agent
Willie Salgado
Willie Salgado, INC
List Price
$499,000
Sold Price
$422,000
Premium/Discount to List
-$77,000
-15.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
224.77%

Purchase Details

Closed on
Mar 29, 2006
Sold by
Lane Ceola Amanda
Bought by
Lane Ceola Amanda

Purchase Details

Closed on
Feb 3, 2006
Sold by
Lane Ceola Amanda
Bought by
Lane Ceola Amanda
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Akbar Imran $717,000 Old Republic Title Company
Willie Salgado Inc Retirement Plan $422,000 Old Republic Title Company
Lane Ceola Amanda -- None Available
Lane Ceola Amanda -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Akbar Imran $472,100
Closed Akbar Imran $517,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2016 03/09/16 Sold $717,000 0.0% $583 / Sq Ft
02/07/2016 02/07/16 Pending -- -- --
02/02/2016 02/02/16 Price Changed $717,000 -3.1% $583 / Sq Ft
01/23/2016 01/23/16 For Sale $740,000 +75.4% $602 / Sq Ft
09/25/2015 09/25/15 Sold $422,000 -15.4% $343 / Sq Ft
08/27/2015 08/27/15 Pending -- -- --
08/27/2015 08/27/15 For Sale $499,000 -- $406 / 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 $11,205 $872,668 $645,167 $227,501
2023 $11,205 $838,783 $620,115 $218,668
2022 $10,416 $822,337 $607,956 $214,381
2021 $10,200 $806,214 $596,036 $210,178
2020 $10,051 $797,949 $589,925 $208,024
2019 $10,079 $782,304 $578,358 $203,946
2018 $9,884 $766,966 $567,018 $199,948
2017 $9,472 $746,340 $555,900 $190,440
2016 $6,053 $422,000 $282,000 $140,000
2015 $1,712 $35,159 $9,158 $26,001
2014 $1,679 $34,471 $8,979 $25,492
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81548140

MLSListings

APN: 063-361-320