NOT LISTED FOR SALE

2368 Oakwood Dr East Palo Alto, CA 94303

Estimated Value: $786,615 - $986,000

2 Beds
1 Bath
630 Sq Ft
$1,385/Sq Ft Est. Value

Last Sold November 05, 2021

Last sale price $818,000 $1,298 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $5,884/month

12 Days on Market

Highlights

  • Dining Room
  • Vinyl Flooring
  • 1-Story Property
  • Menlo-Atherton High School Rated A

About This Home

As of November 2021

The most affordable single family home with a full size lot! Perfect for first time home buyers and investors. Cute little house with new SPC flooring and new paint. Lovely yard with vegetable garden and plenty of mature fruit trees: avocado, persimmon, peach, loquat, orange, lemon...... Long driveway with good amount of parking spaces. Extra suite at the back of the house with unknown permit. The two car detached garage were converted to living space with no permit. Close to Amazon, Facebook, Stanford University, Google and other major employers. With SB9, this lot can be split into two single family homes with ADUs. Keep the existing home and build a new home in the front! Come to the open house this weekend on both Saturday and Sunday!

Last Agent to Sell the Property

Jennifer Liu

Coldwell Banker Realty License #01933885 Listed on: 09/24/2021

Coldwell Banker Realty

Last Buyer's Agent

Maria Prieto

Prieto & Associates Real Estate License #01210185

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,076

Year Built

  • 1935

Lot Details

  • 5,602

Parking

  • 2 Car Garage
  • Off-Street Parking

Home Design

  • Shingle Roof

Interior Spaces

  • 630 Sq Ft Home
  • 1-Story Property
  • Dining Room
  • Vinyl Flooring
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • 5,602 Sq Ft Lot
  • Wall Furnace

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,076

Year Built

1935

Lot Details

0

Parking

2

Listing Details

  • Zoning: R10006
  • Subclass: Single Family Home
  • Age: 86
  • Listing Class: Residential
  • Structure Sq Ft: 630
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1935

Interior Features

  • Family Room: No Family Room
  • Dining Room: No Formal Dining Room
  • Living Sq Ft: 630
  • Stories: 1
  • Flooring: Vinyl / Linoleum
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Foundation: Crawl Space
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Off-Street Parking

Utilities

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

Schools

  • School District: Sequoia Union High

Lot Info

  • Lot Acres: 0.1286
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5600.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5600.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 24, 2022
Sold by
Palo Alto Park Mutual Water Company
Bought by
Palo Alto Park Mutual Water Company
Current Estimated Value
$910,460

Purchase Details

Listed on
Sep 24, 2021
Closed on
Nov 2, 2021
Sold by
Ma Xiaoqing and Shao Huimin
Bought by
Salas Elizabeth and Salas Francisco
Seller's Agent
Jennifer Liu
Coldwell Banker Realty
Buyer's Agent
Maria Prieto
Prieto & Associates Real Estate
List Price
$699,000
Sold Price
$818,000
Premium/Discount to List
$119,000
17.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.72%
Original Mortgage
$736,200
Interest Rate
2.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2011
Sold by
Galvan Salvador and Galvan Tania
Bought by
Ma Xiaoqing and Shao Huimin

Purchase Details

Closed on
Dec 13, 2007
Sold by
Galvan Salvador and Galvan Tania
Bought by
Galvan Salvador and Galvan Tania

Purchase Details

Closed on
Aug 10, 2005
Sold by
Galvan Salvador and Galvan Enrique
Bought by
Galvan Salvador and Galvan Tania

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Mar 5, 2004
Sold by
Saavedra Jose
Bought by
Galvan Salvador and Galvan Enrique

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,000
Interest Rate
3.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 21, 2002
Sold by
Nava Pablo and Nava Maria
Bought by
Galvan Salvador and Saavedra Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,950
Interest Rate
6%

Purchase Details

Closed on
Oct 11, 1996
Sold by
Pablo Nava
Bought by
Nava Pablo and Nava Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
8.37%
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
Palo Alto Park Mutual Water Company -- None Listed On Document
Salas Elizabeth $818,000 Chicago Title Company
Ma Xiaoqing $170,000 North American Title Co Inc
Galvan Salvador -- None Available
Galvan Salvador -- Chicago Title Co
Galvan Salvador -- Fidelity National Title
Galvan Salvador -- Fidelity National Title
Galvan Salvador $334,000 North American Title Co
Nava Pablo -- Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Salas Elizabeth $736,200
Previous Owner Galvan Salvador $480,000
Previous Owner Galvan Salvador $50,000
Previous Owner Galvan Salvador $321,000
Previous Owner Galvan Salvador $323,950
Previous Owner Nava Pablo $99,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2021 11/05/21 Sold $818,000 +17.0% $1,298 / Sq Ft
10/07/2021 10/07/21 Pending -- -- --
09/24/2021 09/24/21 For Sale $699,000 -- $1,110 / 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 $11,076 $868,066 $646,275 $221,791
2023 $11,076 $700,000 $521,000 $179,000
2022 $10,968 $818,000 $609,000 $209,000
2021 $4,281 $201,204 $100,602 $100,602
2020 $4,210 $199,142 $99,571 $99,571
2019 $4,215 $195,238 $97,619 $97,619
2018 $4,106 $191,410 $95,705 $95,705
2017 $3,990 $187,658 $93,829 $93,829
2016 $4,005 $183,980 $91,990 $91,990
2015 $3,970 $181,218 $90,609 $90,609
2014 $3,879 $177,670 $88,835 $88,835
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81864052

MLSListings

APN: 063-174-090