NOT LISTED FOR SALE

2361 Ralmar Ave East Palo Alto, CA 94303

Estimated Value: $839,000 - $1,258,642

2 Beds
1 Bath
770 Sq Ft
$1,345/Sq Ft Est. Value

Last Sold May 12, 2017

Last sale price $725,000 $942 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $6,793/month

8 Days on Market

Highlights

  • 1 Car Attached Garage
  • Eat-In Kitchen
  • 1-Story Property
  • Menlo-Atherton High School Rated A
  • Separate Family Room

About This Home

As of May 2017

Live in the house while imagining the potential. This fantastic home has two bedrooms, one bath, all updated and ready to move in. With a 6,250 sq. ft. lot this is one of the best land buys in all of East Palo Alto. Think of the possibilities. One of the smartest purchases on the Peninsula.

Last Agent to Sell the Property

Lisa Goularte

Berkshire Hathaway HomeServices DrysdaleProperties License #01947129 Listed on: 04/03/2017

Berkshire Hathaway HomeServices DrysdaleProperties

Last Buyer's Agent

Fernando Mancera

Intero Real Estate Services License #02016979

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,301

Year Built

  • 1940

Lot Details

  • 6,273 Sq Ft Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 770 Sq Ft Home
  • 1-Story Property
  • Separate Family Room
  • Laminate Flooring
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Synthetic Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Wall Furnace
  • Community Sewer or Septic

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,301

Year Built

1940

Lot Details

0

Parking

1

Listing Details

  • Zoning: R10006
  • Subclass: Single Family Home
  • Age: 77
  • Listing Class: Residential
  • Structure Sq Ft: 770
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1940

Interior Features

  • Family Room: Separate Family Room
  • Dining Room: Eat In Kitchen
  • Kitchen: Countertop - Synthetic, Oven - Gas, Refrigerator
  • Living Sq Ft: 770
  • Stories: 1
  • Laundry: Hookup - Washer/Dryer
  • Flooring: Laminate
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 2
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Community Sewer / Septic

Schools

  • School District: Sequoia Union High

Lot Info

  • Lot Acres: 0.1440
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6250.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6250.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 12, 2019
Sold by
Mancera Leslie A
Bought by
Rodriguez Rafael Mancera
Current Estimated Value
$1,035,911

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$685,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 3, 2017
Closed on
May 8, 2017
Sold by
Logan Jo Anne
Bought by
Rodriguez Rafael Mancera and Mancera Leslie A
Seller's Agent
Lisa Goularte
Berkshire Hathaway HomeServices DrysdaleProperties
Buyer's Agent
Fernando Mancera
Intero Real Estate Services
List Price
$725,000
Sold Price
$725,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.38%
Original Mortgage
$580,000
Interest Rate
4.14%
Mortgage Type
New Conventional
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
Rodriguez Rafael Mancera -- Old Republic Title Co
Rodriguez Rafael Mancera $725,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Rafael Mancera $144,000
Closed Rodriguez Rafael Mancera $141,000
Open Rodriguez Rafael Mancera $685,000
Closed Rodriguez Rafael Mancero $686,000
Closed Rodriguez Rafael Mancera $685,000
Closed Rodriguez Raffael Mancera $675,000
Closed Rodriguez Rafael Mancera $577,500
Closed Rodriguez Rafael Mancera $580,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2017 05/12/17 Sold $725,000 0.0% $942 / Sq Ft
04/12/2017 04/12/17 Pending -- -- --
04/03/2017 04/03/17 For Sale $725,000 -- $942 / 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 $14,301 $1,082,791 $725,363 $357,428
2023 $14,301 $940,748 $697,198 $243,550
2022 $12,040 $901,891 $683,528 $218,363
2021 $10,616 $777,345 $670,126 $107,219
2020 $10,441 $769,375 $663,255 $106,120
2019 $10,422 $754,290 $650,250 $104,040
2018 $10,206 $739,500 $637,500 $102,000
2017 $2,776 $84,145 $34,420 $49,725
2016 $2,768 $82,496 $33,746 $48,750
2015 $2,694 $81,258 $33,240 $48,018
2014 $2,595 $79,667 $32,589 $47,078
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81645067

MLSListings

APN: 062-133-070