NOT LISTED FOR SALE

2338 University Ave East Palo Alto, CA 94303

Estimated Value: $1,437,000 - $2,322,000

3 Beds
2.5 Baths
2,740 Sq Ft
$629/Sq Ft Est. Value

Last Sold April 26, 2016

Last sale price $900,000 $328 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $10,511/month

102 Days on Market

Highlights

  • Craftsman Architecture
  • Open to Family Room
  • Forced Air Heating System
  • Menlo-Atherton High School Rated A
  • Bathtub with Shower
  • Dining Room

About This Home

As of April 2016

DON'T MISS THIS GREAT OPPORTUNITY IN RAVENSWOOD VILLAS TO CREATE YOUR OWN MASTERPIECE ON THIS WONDERFUL CANVAS WITH EMERGING LOCATION, LOCATION, LOCATION*LOOKING FOR YOUR NEXT PROJECT? WANTING TO BUILD YOUR NEXT SPEC OR TAKE IT TO THE NEXT LEVEL NOW IS YOUR CHANCE TO BOLT DOWN THIS GREAT OPPORTUNITY- BUT DON'T WAIT - IT MAY BE SOMEONE ELSE'S!!

Last Agent to Sell the Property

Douglas Marshall

Christie's International Real Estate Sereno License #01310612 Listed on: 11/03/2015

Christie's International Real Estate Sereno

Last Buyer's Agent

Douglas Marshall

Christie's International Real Estate Sereno License #01310612 Listed on: 11/03/2015

Christie's International Real Estate Sereno

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,377

Year Built

  • Built in 1947

Lot Details

  • Zoning described as R10025

Home Design

  • Craftsman Architecture
  • Flat Roof Shape
  • Wood Frame Construction
  • Tar and Gravel Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,740 Sq Ft Home
  • 1-Story Property
  • Dining Room

Kitchen

  • Open to Family Room
  • Gas Oven

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Parking

  • No Garage
  • Off-Street Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 063-210-520

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,377

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Style: Craftsman
  • Age: 68
  • Listing Class: Residential
  • Structure Sq Ft: 2740
  • Incorporated: Yes
  • Year Built: 1947
  • Zoning Description: R10025
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: No Formal Dining Room
  • Kitchen: Hookups - Gas, Oven - Gas, Oven Range - Gas
  • Living Sq Ft: 2740
  • Stories: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Shower and Tub

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition, Flat / Low Pitch, Tar and Gravel
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Parking Features: No Garage, Off-Street Parking, Room for Oversized Vehicle

Utilities

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

Schools

  • School District: Sequoia Union High

Lot Info

  • Parcel Number: 063-210-520
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10150.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 10150.00

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
Apr 2, 2021
Sold by
Hussain Yusra
Bought by
Ahmad Haidor and Hussain Yusra
Current Estimated Value
$1,709,278

Purchase Details

Closed on
Aug 17, 2017
Sold by
Hussain Yusra and Hussain Yusra Nazar
Bought by
Hussain Yusra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$914,406
Outstanding Balance
$762,348
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$844,181

Purchase Details

Listed on
Nov 3, 2015
Closed on
Apr 20, 2016
Sold by
Ahmad Haidar
Bought by
Hussain Yusra Nazar
Seller's Agent
Douglas Marshall
Christie's International Real Estate Sereno
Buyer's Agent
Douglas Marshall
Christie's International Real Estate Sereno
List Price
$1,099,888
Sold Price
$900,000
Premium/Discount to List
-$199,888
-18.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.41%
Original Mortgage
$500,000
Interest Rate
3.68%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Nov 3, 2015
Closed on
Apr 19, 2016
Sold by
Rpt Properties Lp
Bought by
Hussain Yusra Nazar
Seller's Agent
Douglas Marshall
Christie's International Real Estate Sereno
Buyer's Agent
Douglas Marshall
Christie's International Real Estate Sereno
List Price
$1,099,888
Sold Price
$900,000
Premium/Discount to List
-$199,888
-18.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.68%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 4, 2015
Sold by
Thompson Pamela J and Carpenter Annette Lee
Bought by
Rpt Properties Lp

Purchase Details

Closed on
Apr 7, 2008
Sold by
Walker Tjuana Jean and Walker Edward Franklin
Bought by
Thompson Ronald P and Thompson Pamela J

Purchase Details

Closed on
May 25, 2005
Sold by
Walker Tijuana Jean and Walker Edward Franklin
Bought by
Walker Edward Franklin

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
5.84%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 14, 2003
Sold by
Walker Tjuana J and Walker Edward F
Bought by
Walker Edward F and Walker Tjuana J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
8.4%

Purchase Details

Closed on
Oct 30, 1995
Sold by
Walker Tjuana J and Jones Walker Tjuana Jean
Bought by
Walker Edward F and Walker Tjuana J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,400
Interest Rate
7.58%
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
Ahmad Haidor -- None Available
Hussain Yusra -- Stewart Title Company
Hussain Yusra Nazar -- Chicago Title Company
Hussain Yusra Nazar $900,000 Chicago Title Company
Rpt Properties Lp -- None Available
Thompson Ronald P $50,000 First American Title Co
Walker Edward Franklin -- Fidelity National Title Co
Walker Edward F -- Fidelity National Title
Walker Edward F -- Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hussain Yusra $163,250
Open Hussain Yusra $914,406
Closed Hussain Yusra Nazar $500,000
Previous Owner Walker Edward Franklin $200,000
Previous Owner Walker Edward F $65,000
Previous Owner Walker Tjuana J $30,000
Previous Owner Walker Edward F $350,000
Previous Owner Walker Edward F $142,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2016 04/26/16 Sold $900,000 -10.0% $328 / Sq Ft
02/14/2016 02/14/16 Pending -- -- --
02/12/2016 02/12/16 Price Changed $999,888 -9.1% $365 / Sq Ft
11/03/2015 11/03/15 For Sale $1,099,888 -- $401 / 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 $14,377 $1,094,412 $769,465 $324,947
2023 $14,377 $1,051,918 $739,587 $312,331
2022 $13,371 $1,031,294 $725,086 $306,208
2021 $13,109 $1,011,074 $710,869 $300,205
2020 $12,934 $1,000,708 $703,580 $297,128
2019 $12,973 $981,087 $689,785 $291,302
2018 $12,430 $936,360 $676,260 $260,100
2017 $12,009 $918,000 $663,000 $255,000
2016 $9,314 $665,745 $499,310 $166,435
2015 $9,188 $655,745 $491,810 $163,935
2014 $8,988 $642,901 $482,177 $160,724
Source: Public Records

Agents Affiliated with this Home

  • Douglas Marshall

    Seller's Agent in 2016

    Douglas Marshall

    Sereno Group

    (408) 857-9911

    63 Total Sales

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Map

Source: MLSListings

MLS Number: ML81521270

MLSListings

APN: 063-210-520

California San Mateo County East Palo Alto 94303

2338 University Ave, East Palo Alto, CA

This home is located at 2338 University Ave, East Palo Alto, CA 94303 since 03 November 2015 and is currently estimated at $1,722,850, approximately $628 per square foot. This property was built in 1947. 2338 University Ave is a home located in San Mateo County with nearby schools including Costano Elementary School, Menlo-Atherton High School, and Aspire East Palo Alto Charter School.

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