NOT LISTED FOR SALE

Estimated Value: $2,359,000 - $3,547,000

4 Beds
3 Baths
2,210 Sq Ft
$1,357/Sq Ft Est. Value

Last Sold October 20, 2023

Last sale price $2,256,000 $1,021 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $18,097/month

11 Days on Market

Highlights

  • Formal Dining Room
  • 2 Car Attached Garage
  • Forced Air Heating System
  • Menlo-Atherton High School Rated A
  • Laundry in Utility Room
  • 1-Story Property

About This Home

As of October 2023

Charming home with beautiful vaulted ceilings in the wonderful Willows. Freshly painted inside and out and meticulously landscaped, this 4 bedroom, 3 bath home offers 2,210 square feet of living space with endless possibilities! Live in as-is or update and remodel to make it your own. Incredible investment opportunity with potential of high rental income or for an end user to enjoy! In close proximity to downtown Palo Alto, Menlo Park and Stanford.

Last Agent to Sell the Property

Katy Thielke Straser

Compass License #01308970 Listed on: 09/15/2023

Compass

Last Buyer's Agent

Claire Liu

Compass License #02128304

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,364

Year Built

  • Built in 1930

Lot Details

  • 5,140 Sq Ft Lot
  • Zoning described as R10008

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,210 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Formal Dining Room
  • Laundry in Utility Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 063-441-640

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,364

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 93
  • Listing Class: Residential
  • Structure Sq Ft: 2210
  • Year Built: 1930
  • Zoning Description: R10008
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room
  • Dining Room: Formal Dining Room
  • Living Sq Ft: 2210
  • Stories: 1
  • Laundry: In Utility Room
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

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
  • High School: Menlo-Atherton High
  • High School: 658

Lot Info

  • Parcel Number: 063-441-640
  • Lot Acres: 0.1180
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5140.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5140.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Sequoia Union High
  • High School Text: Menlo-Atherton High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2023
Closed on
Oct 9, 2023
Sold by
Oliva Ricardo
Bought by
Chen Shen and Mengying Fan Mengying
Seller's Agent
Katy Thielke Straser
Compass
Buyer's Agent
Claire Liu
Compass
List Price
$2,188,000
Sold Price
$2,256,000
Premium/Discount to List
$68,000
3.11%
Views
18
Current Estimated Value
$2,998,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$742,857
Avg. Annual Appreciation
14.14%
Original Mortgage
$1,804,800
Outstanding Balance
$1,765,122
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$1,154,543

Purchase Details

Listed on
Sep 15, 2023
Closed on
Sep 26, 2023
Sold by
Oliva Rodrigo
Bought by
Oliva Ricardo
Seller's Agent
Katy Thielke Straser
Compass
Buyer's Agent
Claire Liu
Compass
List Price
$2,188,000
Sold Price
$2,256,000
Premium/Discount to List
$68,000
3.11%
Views
18

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,804,800
Outstanding Balance
$1,765,122
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$1,154,543

Purchase Details

Closed on
Feb 7, 2013
Sold by
Oliva Ricardo
Bought by
Leni Edith

Purchase Details

Closed on
Jun 21, 2012
Sold by
Leni Edith
Bought by
Oliva Ricardo

Purchase Details

Closed on
Oct 1, 2008
Sold by
Oliva Ricardo
Bought by
Leni Edith

Purchase Details

Closed on
Dec 21, 2006
Sold by
Leni Edith
Bought by
Oliva Ricardo and Leni Edith

Purchase Details

Closed on
Jun 26, 2006
Sold by
Leni Edith and Oliva Ricardo
Bought by
Leni Edith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$976,000
Interest Rate
1.62%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 26, 2004
Sold by
Oliva Marta L
Bought by
Oliva Ricardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.17%
Mortgage Type
New Conventional
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
Chen Shen $2,256,000 Chicago Title Company
Oliva Ricardo -- Chicago Title Company
Leni Edith -- None Available
Oliva Ricardo -- None Available
Leni Edith -- None Available
Oliva Ricardo -- None Available
Leni Edith -- Alliance Title Company
Oliva Ricardo -- First American Title Co
Leni Edith $825,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Shen $1,804,800
Previous Owner Leni Edith $976,000
Previous Owner Leni Edith $650,000
Closed Leni Edith $105,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2023 10/20/23 Sold $2,256,000 +3.1% $1,021 / Sq Ft
09/26/2023 09/26/23 Pending -- -- --
09/15/2023 09/15/23 For Sale $2,188,000 -- $990 / 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 $26,364 $2,301,120 $1,938,000 $363,120
2023 $26,364 $1,105,306 $552,653 $552,653
2022 $12,774 $1,083,634 $541,817 $541,817
2021 $12,533 $1,062,388 $531,194 $531,194
2020 $12,433 $1,051,496 $525,748 $525,748
2019 $12,455 $1,030,880 $515,440 $515,440
2018 $12,230 $1,010,668 $505,334 $505,334
2017 $11,815 $990,852 $495,426 $495,426
2016 $11,638 $971,424 $485,712 $485,712
2015 $11,461 $956,834 $478,417 $478,417
2014 $11,251 $938,092 $469,046 $469,046
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81937520

MLSListings

APN: 063-441-640