NOT LISTED FOR SALE

242 Margarita Ave Palo Alto, CA 94306

Ventura Neighborhood

Estimated Value: $2,162,000 - $2,436,000

3 Beds
1 Bath
1,225 Sq Ft
$1,892/Sq Ft Est. Value

About This Home

This home is located at 242 Margarita Ave, Palo Alto, CA 94306 and is currently estimated at $2,317,514, approximately $1,891 per square foot. 242 Margarita Ave is a home located in Santa Clara County with nearby schools including Barron Park Elementary School, Ellen Fletcher Middle, and Henry M. Gunn High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 2023
Sold by
Vincent Derilo Living Trust
Bought by
Vincent Derilo Living Trust and Derilo
Current Estimated Value
$2,317,514

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
Outstanding Balance
$189,444
Interest Rate
6.78%
Mortgage Type
Credit Line Revolving
Estimated Equity
$2,128,070

Purchase Details

Closed on
Jul 16, 2004
Sold by
Derilo Vincent C
Bought by
Derilo Vincent C and Vincent Derilo Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.24%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2000
Sold by
Derilo Vincent C
Bought by
Derilo Vincent C
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
Vincent Derilo Living Trust -- Atlas Title
Derilo Vincent C -- First American Title Company
Derilo Vincent C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vincent Derilo Living Trust $200,000
Previous Owner Derilo Vincent C $500,000
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 $1,741 $62,775 $29,309 $33,466
2024 $1,741 $61,545 $28,735 $32,810
2023 $1,629 $60,339 $28,172 $32,167
2022 $1,599 $59,157 $27,620 $31,537
2021 $1,565 $57,998 $27,079 $30,919
2020 $1,549 $57,404 $26,802 $30,602
2019 $1,525 $56,279 $26,277 $30,002
2018 $1,503 $55,176 $25,762 $29,414
2017 $1,474 $54,095 $25,257 $28,838
2016 $1,428 $53,035 $24,762 $28,273
2015 $1,405 $52,240 $24,391 $27,849
2014 $1,276 $51,218 $23,914 $27,304
Source: Public Records

Map

California Santa Clara County Palo Alto 94306 Ventura

242 Margarita Ave, Palo Alto, CA

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