NOT LISTED FOR SALE

2383 Menalto Ave East Palo Alto, CA 94303

Estimated Value: $1,158,000 - $1,279,422

4 Beds
2 Baths
1,460 Sq Ft
$828/Sq Ft Est. Value

Last Sold March 14, 2023

Last sale price $1,058,000 $725 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $7,539/month

28 Days on Market

Highlights

  • Open to Family Room
  • Forced Air Heating System
  • 1-Story Property
  • Menlo-Atherton High School Rated A
  • Dining Area

About This Home

As of March 2023

This beautifully uplifted house is located in the heart of the Bay Area, within walking distance to Meta Headquarter. Inside the exquisite landscaped yard, a fully remodeled move-in ready home awaits for you. This U-shaped yard will provide you with complete privacy. Upon entering, the spacious living area is divided into a family room and a living room to fulfill every family members entertainment needs. The 4 bedroom 2 full bathroom space can comfortably assist with your family growth. A bonus office area could also be a gym to help keep everyone in shape. This highly functional house has easy access to Highway 101, and through Willow Rd to 84, close to shopping centers and trails. It will be truly enjoyable.

Last Agent to Sell the Property

SALA Homes Group

SALA Homes Realty & Development License #70010183 Listed on: 01/17/2023

Co-Listed By

Mona Li

SALA Homes & Associates License #01353008

Last Buyer's Agent

Yamina Wu Realtor

Compass License #01989174

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,498

Year Built

  • Built in 1941

Lot Details

  • 7,518 Sq Ft Lot
  • Zoning described as R10006

Parking

  • No Garage

Home Design

  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,460 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dining Area
  • Open to Family Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 062-118-030

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,498

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 1460
  • Year Built: 1941
  • Zoning Description: R10006
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Living Room
  • Dining Room: Dining Area
  • Living Sq Ft: 1460
  • Stories: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Shingle

Garage/Parking

  • Garage Parking Features: Drive Through, No Garage

Utilities

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

Lot Info

  • Parcel Number: 062-118-030
  • Lot Acres: 0.1726
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7520.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7520.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Sequoia Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2023
Closed on
Feb 27, 2023
Sold by
Julianmore Llc
Bought by
Zhao Yu
Seller's Agent
SALA Homes Group
SALA Homes Realty & Development
Buyer's Agent
Yamina Wu Realtor
Compass
List Price
$1,190,000
Sold Price
$1,058,000
Premium/Discount to List
-$132,000
-11.09%
Views
122
Current Estimated Value
$1,209,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,606
Avg. Annual Appreciation
5.24%
Original Mortgage
$842,400
Outstanding Balance
$815,953
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$393,653

Purchase Details

Closed on
Mar 14, 2022
Sold by
Palo Alto Park Mutual Water Company
Bought by
Palo Alto Park Mutual Water Company
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
Zhao Yu $1,058,000 First American Title
Palo Alto Park Mutual Water Company -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhao Yu $842,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/14/2023 03/14/23 Sold $1,058,000 +6.9% $725 / Sq Ft
02/14/2023 02/14/23 Pending -- -- --
02/03/2023 02/03/23 Price Changed $990,000 -14.7% $678 / Sq Ft
01/24/2023 01/24/23 Price Changed $1,160,000 -2.5% $795 / Sq Ft
01/17/2023 01/17/23 For Sale $1,190,000 -- $815 / 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 $14,498 $1,100,743 $731,401 $369,342
2023 $14,498 $1,058,000 $905,000 $153,000
2022 $2,643 $47,410 $10,335 $37,075
2021 $2,573 $46,482 $10,133 $36,349
2020 $2,491 $46,007 $10,030 $35,977
2019 $2,441 $45,106 $9,834 $35,272
2018 $2,359 $44,223 $9,642 $34,581
2017 $2,251 $43,356 $9,453 $33,903
2016 $2,250 $42,507 $9,268 $33,239
2015 $2,184 $41,869 $9,129 $32,740
2014 $2,094 $41,050 $8,951 $32,099
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2023

    SALA Homes Group

    SALA Homes Realty & Development

    (408) 361-0291

    3 in this area

    232 Total Sales

    SALA Homes Group
    Section Image

  • M

    Seller Co-Listing Agent in 2023

    Mona Li

    SALA Homes & Associates

    Section Image

  • Y

    Buyer's Agent in 2023

    Yamina Wu Realtor

    Compass

    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81916201

MLSListings

APN: 062-118-030

California San Mateo County East Palo Alto 94303

2383 Menalto Ave, East Palo Alto, CA

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