NOT LISTED FOR SALE

2397 Oakwood Dr East Palo Alto, CA 94303

Estimated Value: $840,000 - $1,110,000

3 Beds
1 Bath
980 Sq Ft
$1,016/Sq Ft Est. Value

Last Sold July 10, 2015

Last sale price $540,000 $551 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $6,142/month

63 Days on Market

Highlights

  • Wood Flooring
  • Balcony
  • Bathtub with Shower
  • Menlo-Atherton High School Rated A
  • Double Pane Windows
  • Tile Countertops

About This Home

As of July 2015

Spacious East Palo Alto SFR with tons of potential! Fannie Mae owned. NEW BATH TUB/SURROUND/VANITY, INTERIOR PAINT, BEDROOM CARPETS, WATER HEATER, OVEN/RANGE, BACK FENCE, DOUBLE-PANE WINDOWS, GARAGE DOOR. Hardwood floors, fireplace, spacious backyard, corner lot. Steps from elementary school, nearby shopping and Hwy. 101/Dumbarton Bridge.

Last Agent to Sell the Property

Rowena Frick

Excel Realty & Mortgage Inc License #01521447 Listed on: 03/30/2015

Last Buyer's Agent

Hugo De Hoyos

Intero Real Estate Services License #01153534

Intero Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,644

Year Built

  • Built in 1952

Lot Details

  • 3,659 Sq Ft Lot
  • Fenced
  • Back Yard
  • Zoning described as R10006

Parking

  • 1 Car Garage

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 980 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Double Pane Windows
  • Dining Area
  • Washer and Dryer Hookup

Kitchen

  • Gas Oven
  • Tile Countertops

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Additional Features

  • Balcony
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 063-172-550

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,644

Year Built

Built in 1952

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Age: 63
  • Listing Class: Residential
  • Structure Sq Ft: 980
  • Year Built: 1952
  • Zoning Description: R10006
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining Area
  • Kitchen: Countertop - Tile, Oven Range - Gas
  • Living Sq Ft: 980
  • Stories: 1
  • Laundry: Hookups Only
  • Flooring: Carpet, Hardwood, Vinyl / Linoleum
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Shower and Tub
  • Fireplace: Yes

Exterior Features

  • Roof: Composition, Shingle
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced
  • Fencing: Fenced
  • Construction Type: Wood

Garage/Parking

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

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Sequoia Union High

Lot Info

  • Lot Description: Regular
  • Parcel Number: 063-172-550
  • Lot Acres: 0.0840
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3666.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3666.00

Green Features

  • Energy Features: Double Pane Windows

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
Mar 30, 2015
Closed on
Jul 7, 2015
Sold by
Fannie Mae
Bought by
Mendoza Custodio Munguia and Maldonado Nicolasa Chacon
Seller's Agent
Rowena Frick
Excel Realty & Mortgage Inc
Buyer's Agent
Hugo De Hoyos
Intero Real Estate Services
List Price
$474,900
Sold Price
$540,000
Premium/Discount to List
$65,100
13.71%
Current Estimated Value
$995,203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$455,203
Avg. Annual Appreciation
6.21%
Original Mortgage
$530,219
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 28, 2013
Sold by
Patino Amador and Patino Lourdes
Bought by
Federal National Mortgage Association
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
Mendoza Custodio Munguia $540,000 Old Republic Title Company
Federal National Mortgage Association $460,615 Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mendoza Custodio Munguia $515,000
Closed Mendoza Custodio Munguia $530,219
Previous Owner Patino Amador $405,000
Previous Owner Patino Amador M $40,000
Previous Owner Patino Amador $355,000
Previous Owner Patino Amador $217,750
Previous Owner Patino Amador $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2015 07/10/15 Sold $540,000 +13.7% $551 / Sq Ft
06/01/2015 06/01/15 Pending -- -- --
05/02/2015 05/02/15 For Sale $474,900 -12.1% $485 / Sq Ft
05/02/2015 05/02/15 Off Market $540,000 -- --
03/30/2015 03/30/15 For Sale $474,900 -- $485 / 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 $8,644 $639,243 $500,742 $138,501
2023 $8,644 $614,423 $481,299 $133,124
2022 $8,016 $602,376 $471,862 $130,514
2021 $7,849 $590,565 $462,610 $127,955
2020 $7,728 $584,510 $457,867 $126,643
2019 $7,747 $573,050 $448,890 $124,160
2018 $7,591 $561,815 $440,089 $121,726
2017 $7,325 $550,800 $431,460 $119,340
2016 $7,276 $540,000 $423,000 $117,000
2015 $4,208 $255,126 $79,406 $175,720
2014 $4,125 $250,129 $77,851 $172,278
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81457941

MLSListings

APN: 063-172-550