NOT LISTED FOR SALE

2281 University Ave East Palo Alto, CA 94303

Estimated Value: $951,000 - $1,153,000

3 Beds
1 Bath
1,090 Sq Ft
$968/Sq Ft Est. Value

Last Sold March 25, 2024

Last sale price $1,050,000 $963 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $5,759/month

9 Days on Market

Highlights

  • Private Pool
  • 2 Car Attached Garage
  • Forced Air Heating System
  • Menlo-Atherton High School Rated A
  • Eat-In Kitchen
  • 5-minute walk to Bell Street Park

About This Home

As of March 2024

Uncover the hidden potential of this single family home nestled in the heart of East Palo Alto. Boasting a generously sized lot exceeding 9,000 square feet, this single-family home offers a unique opportunity to reimagine and transform a spacious canvas into the home of your dreams. Step into a world of possibilities as you explore the vast interior space of this 4-bedroom, 2-bathroom residence. The possibilities are endless, envision the potential for customization and personalization as you plan your ideal layout and design. Situated in a dynamic community, this property allows for convenient access to local amenities, schools, and parks. East Palo Alto's vibrant atmosphere, combined with the spacious potential of this home, makes it an enticing prospect for those with a vision for transforming a property into a personalized sanctuary.

Last Agent to Sell the Property

Ashley Mateo

Compass License #02007368 Listed on: 02/14/2024

Compass

Last Buyer's Agent

Amanpreet Ghotra

Pacific Home Brokers License #02010135

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,691

Year Built

  • Built in 1952

Lot Details

  • 9,152 Sq Ft Lot
  • Zoning described as R10025

Parking

  • 2 Car Attached Garage

Home Design

  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,090 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Crawl Space
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Pool

  • Private Pool

Utilities

  • Forced Air Heating System
  • Well

Listing and Financial Details

  • Assessor Parcel Number 063-302-180

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,691

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 72
  • Listing Class: Residential
  • Structure Sq Ft: 1090
  • Year Built: 1952
  • Zoning Description: R10025
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room, Wood Burning
  • Dining Room: Dining Area, Eat in Kitchen
  • Living Sq Ft: 1090
  • Stories: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab, Crawl Space
  • Roof: Shingle
  • Pool: Yes

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage

Utilities

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

Schools

  • School District: Sequoia Union High

Lot Info

  • Parcel Number: 063-302-180
  • Lot Acres: 0.2101
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9150.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9150.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Sequoia Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 26, 2024
Sold by
Jauhari Rahul and Khare Shikha
Bought by
Rahul And Shikha Revocable Trust and Jauhari
Current Estimated Value
$1,055,593

Purchase Details

Listed on
Feb 14, 2024
Closed on
Mar 18, 2024
Sold by
Eliseo D Peralta Revocable Trust
Bought by
Khare Shikha and Jauhari Rahul
Seller's Agent
Ashley Mateo
Compass
Buyer's Agent
Amanpreet Ghotra
Pacific Home Brokers
List Price
$998,000
Sold Price
$1,050,000
Premium/Discount to List
$52,000
5.21%
Views
46

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.35%
Original Mortgage
$735,000
Interest Rate
6.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 2008
Sold by
Peralta Eliseo D
Bought by
Peralta Eliseo D

Purchase Details

Closed on
Jan 21, 1999
Sold by
Peralta Virginia
Bought by
Peralta Eliseo D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Interest Rate
6.79%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Rahul And Shikha Revocable Trust -- None Listed On Document
Khare Shikha $1,050,000 Chicago Title Company
Peralta Eliseo D -- None Available
Peralta Eliseo D -- Old Republic Title Ins Compa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Khare Shikha $735,000
Previous Owner Peralta Eliseo D $118,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2024 03/25/24 Sold $1,050,000 +5.2% $963 / Sq Ft
02/23/2024 02/23/24 Pending -- -- --
02/14/2024 02/14/24 For Sale $998,000 -- $916 / 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 $1,691 $1,071,000 $918,000 $153,000
2023 $1,691 $180,840 $49,744 $131,096
2022 $1,507 $177,295 $48,769 $128,526
2021 $1,472 $173,819 $47,813 $126,006
2020 $1,427 $172,037 $47,323 $124,714
2019 $1,424 $168,665 $46,396 $122,269
2018 $1,376 $165,359 $45,487 $119,872
2017 $1,343 $162,118 $44,596 $117,522
2016 $1,303 $158,940 $43,722 $115,218
2015 $1,107 $156,554 $43,066 $113,488
2014 $1,277 $153,488 $42,223 $111,265
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81953047

MLSListings

APN: 063-302-180