$1,180,000
SOLD NOV 21, 2024

2255 Pulgas Ave East Palo Alto, CA 94303

4 Beds
2 Baths
1,260 Sq Ft
5,097 Sq Ft Lot

Recently Sold

$937 Per Sq Ft

2% Below List Price

11 Days on Market

Highlights

  • Hydromassage or Jetted Bathtub
  • Eat-In Kitchen
  • Laundry in Utility Room
  • Menlo-Atherton High School Rated A
  • Security Gate
  • Walk-in Shower

About This Home

As of November 2024

This expansive and inviting property on one of the best streets of the City offers an abundance of space, light, and tranquility for the ultimate work-and-play-from-home retreat or an incredible investment opportunity. The kitchen is equipped with stainless steel appliances, quartz countertops, and tile floors. Adding exceptional value, a 2/1 Accessory Dwelling Unit (permits unknown) sits on the property, perfect for extended family, guests, or potential rental income. The ADU boasts its own stylish kitchen and comfortable living space, providing privacy and versatility. Great commuter location with close proximity to downtown Palo Alto and easy access to freeways. Close to Facebook, Google, LinkedIn, Stanford University, Amazon and shop at convenient Ravenswood 101 Shopping Center. Enjoy nearby Baylands Nature Preserve, walking and biking trails. University Four Corners and BloomHouse Waterfront projects for the City of EPA. Menlo-Atherton High School. Tinsley Program for Elementary and Middle schools. Seller never lived on the property. Rental income potential is up to $7000/month. Don't miss this rare opportunity to own a versatile property in a prime Silicon Valley location!

Last Agent to Sell the Property

Masha Rusanov

Compass License #02196402 Listed on: 10/07/2024

Compass

Co-Listed By

Maya Brusilovskaya

Compass License #01775355

Last Buyer's Agent

Jacqueline Martinez

Ethos International Real Estate License #02219631

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,195

Year Built

  • Built in 1953

Lot Details

  • 5,097 Sq Ft Lot
  • Zoning described as R1

Home Design

  • Shingle Roof

Interior Spaces

  • 1,260 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Laminate Flooring
  • Crawl Space
  • Security Gate

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Hydromassage or Jetted Bathtub
  • Walk-in Shower

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Parking

  • 3 Car Garage
  • Garage Door Opener
  • On-Street Parking
  • Uncovered Parking
  • Off-Street Parking

Additional Features

  • Accessory Dwelling Unit (ADU)
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 063-341-490

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,195

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Age: 71
  • Listing Class: Residential
  • Structure Sq Ft: 1260
  • Year Built: 1953
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room
  • Dining Room: Eat in Kitchen
  • Kitchen: Dishwasher, Oven - Gas, Oven Range, Refrigerator
  • Living Sq Ft: 1260
  • Stories: 1
  • Bedrooms: More than One Bedroom on Ground Floor
  • Laundry: Dryer, In Utility Room, Washer
  • Flooring: Laminate
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Bathroom: Stall Shower, Tub, Tub with Jets
  • Fireplace: Yes

Exterior Features

  • Foundation: Crawl Space
  • Roof: Shingle

Garage/Parking

  • Parking Spaces: 3
  • Garage Parking Features: Common Parking Area, Enclosed, Gate / Door Opener, Off-Street Parking, On Street, Uncovered Parking

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Security Gate

Schools

  • School District: Sequoia Union High

Lot Info

  • Parcel Number: 063-341-490
  • Lot Acres: 0.1170
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5097.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5097.00

Multi Family

  • Utilities: 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 7, 2024
Closed on
Nov 14, 2024
Sold by
Sterin Mark and Sterin Julia
Bought by
Cen Yichao and Shen Mengshu
Seller's Agent
Masha Rusanov
Compass
Buyer's Agent
Jacqueline Martinez
Ethos International Real Estate
List Price
$1,199,000
Sold Price
$1,180,000
Premium/Discount to List
-$19,000
-1.58%
Views
25
Current Estimated Value
$1,197,731

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,731
Avg. Annual Appreciation
1.96%
Original Mortgage
$944,000
Outstanding Balance
$936,881
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$260,850

Purchase Details

Closed on
Jul 5, 2017
Sold by
Madriz Esteban A and Madriz Teresa
Bought by
Sterin Mark and Sterin Julia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$636,150
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2002
Sold by
Madriz Esteban A and Alcazar Miguel
Bought by
Madriz Esteban A and Madriz Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 3, 1997
Sold by
Fliess Derek and Fliess Tamara Hart
Bought by
Madriz Esteban A and Alcazar Miguel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,750
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 12, 1994
Sold by
Duling Craig P
Bought by
Fliess Derek and Fliess Tamara Hart
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 Type Sale Price Title Company
Grant Deed $1,180,000 Old Republic Title
Grant Deed $920,000 First American Title Company
Interfamily Deed Transfer -- American Title Co
Grant Deed $165,000 First American Title Co
Individual Deed $38,500 North American Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $944,000 New Conventional
Previous Owner $548,000 New Conventional
Previous Owner $611,000 New Conventional
Previous Owner $636,150 New Conventional
Previous Owner $284,000 Negative Amortization
Previous Owner $200,000 Purchase Money Mortgage
Previous Owner $156,750 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2024 11/21/24 Sold $1,180,000 -1.6% $937 / Sq Ft
10/18/2024 10/18/24 Pending -- -- --
10/07/2024 10/07/24 For Sale $1,199,000 -- $952 / 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 $13,195 $1,180,000 $745,000 $435,000
2023 $13,195 $1,006,150 $704,306 $301,844
2022 $12,282 $986,423 $690,497 $295,926
2021 $12,030 $967,082 $676,958 $290,124
2020 $11,861 $957,167 $670,017 $287,150
2019 $11,897 $938,400 $656,880 $281,520
2018 $11,672 $920,000 $644,000 $276,000
2017 $3,897 $231,532 $115,766 $115,766
2016 $3,904 $226,994 $113,497 $113,497
2015 $3,861 $223,586 $111,793 $111,793
2014 $3,785 $219,208 $109,604 $109,604
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81981936

MLSListings

APN: 063-341-490