NOT LISTED FOR SALE

240 Washington Ave Palo Alto, CA 94301

Old Palo Alto Neighborhood

Estimated Value: $3,815,000 - $6,241,000

5 Beds
5 Baths
2,203 Sq Ft
$2,415/Sq Ft Est. Value

About This Home

This home is located at 240 Washington Ave, Palo Alto, CA 94301 and is currently estimated at $5,319,862, approximately $2,414 per square foot. 240 Washington Ave is a home located in Santa Clara County with nearby schools including Walter Hays Elementary, Frank S. Greene Jr. Middle, and Palo Alto High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 5, 2013
Sold by
Shinghal Rajesh and Chan Jennifer Marie
Bought by
Shinghal Rajesh and Chan Jennifer Marie
Current Estimated Value
$5,319,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$598,000
Outstanding Balance
$433,847
Interest Rate
3.79%
Mortgage Type
New Conventional
Estimated Equity
$4,886,015

Purchase Details

Closed on
Aug 31, 2004
Sold by
Shinghal Rajesh and Chan Jennifer Marie
Bought by
Shinghal Rajesh and Chan Jennifer Marie

Purchase Details

Closed on
Oct 28, 1999
Sold by
Chan Jennifer Marie
Bought by
Shinghal Rajesh and Chan Jennifer Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.84%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 20, 1997
Sold by
Gilberg Lynne S and Gilberg Lynne S
Bought by
Chan Thomas G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
5.87%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Shinghal Rajesh -- First American Title Company
Shinghal Rajesh -- First American Title Company
Shinghal Rajesh -- --
Shinghal Rajesh -- --
Chan Jennifer Marie -- --
Chan Thomas G $780,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shinghal Rajesh $598,000
Open Shinghal Rajesh $1,392,850
Closed Shinghal Rajesh $607,150
Closed Shinghal Rajesh $616,000
Closed Shinghal Rajesh $616,000
Closed Shinghal Rajesh $621,000
Closed Chan Jennifer Marie $625,500
Closed Shinghal Rajesh $500,000
Closed Shinghal Rajesh $100,000
Closed Shinghal Rajesh $1,200,000
Closed Shinghal Rajesh $472,950
Closed Shinghal Rajesh $474,500
Closed Shinghal Rajesh $480,000
Closed Shinghal Rajesh $250,000
Closed Chan Jennifer Marie $200,000
Closed Chan Thomas G $325,000
Closed Chan Thomas G $330,000
Source: Public Records

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 $22,902 $1,907,887 $73,431 $1,834,456
2024 $22,902 $1,870,479 $71,992 $1,798,487
2023 $22,562 $1,833,804 $70,581 $1,763,223
2022 $22,298 $1,797,848 $69,198 $1,728,650
2021 $21,857 $1,762,597 $67,842 $1,694,755
2020 $21,410 $1,744,525 $67,147 $1,677,378
2019 $21,171 $1,710,320 $65,831 $1,644,489
2018 $20,594 $1,676,786 $64,541 $1,612,245
2017 $20,231 $1,643,909 $63,276 $1,580,633
2016 $19,698 $1,611,677 $62,036 $1,549,641
2015 $19,503 $1,587,469 $61,105 $1,526,364
2014 $19,082 $1,556,374 $59,909 $1,496,465
Source: Public Records

Map

California Santa Clara County Palo Alto 94301 Old Palo Alto

240 Washington Ave, Palo Alto, CA

This home is located at 240 Washington Ave, Palo Alto, CA 94301 and is currently estimated at $5,319,862, approximately $2,414 per square foot. 240 Washington Ave is a home located in Santa Clara County with nearby schools including Walter Hays Elementary, Frank S. Greene Jr. Middle, and Palo Alto High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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