NOT LISTED FOR SALE

2572 Illinois St East Palo Alto, CA 94303

Estimated Value: $911,000 - $1,108,958

3 Beds
1 Bath
970 Sq Ft
$1,046/Sq Ft Est. Value

Last Sold December 28, 2018

Last sale price $800,000 $825 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $6,544/month

186 Days on Market

Highlights

  • Neighborhood Views
  • Forced Air Heating System
  • 3-minute walk to Jack Farrell Park
  • Menlo-Atherton High School Rated A
  • Combination Dining and Living Room

About This Home

As of December 2018

Great home for a family or an investor, Imagine the possibilities for this home with a larger than average back yard and an easy to maintain gated front yard. You could do some minor clean up, or update to your taste and make it entirely your own. Step through the front entrance to a bright and open floor plan and into the living room that flows to the dining area & separate kitchen featuring Updated granite counters. Minutes away from downtown PA, Facebook & New Amazon building with a central location that makes for easy access to commute, shopping, and outdoor recreation.

Last Agent to Sell the Property

Graeham Watts

Intero Real Estate Services License #01466876 Listed on: 05/30/2018

Intero Real Estate Services

Co-Listed By

Juan Ortiz

KW Silicon City License #01339407

Last Buyer's Agent

Jennifer Hopkins

Reside Real Estate License #00934031

Reside Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,211

Year Built

  • Built in 1952

Lot Details

  • 6,399 Sq Ft Lot
  • Zoning described as R10006

Parking

  • 2 Car Garage

Home Design

  • Tar and Gravel Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 970 Sq Ft Home
  • Combination Dining and Living Room
  • Neighborhood Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 063-089-060

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,211

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 66
  • Listing Class: Residential
  • Structure Sq Ft: 970
  • Year Built: 1952
  • Zoning Description: R10006
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area in Living Room
  • Living Sq Ft: 970
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Tar and Gravel
  • View: Neighborhood

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage

Utilities

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

Schools

  • School District: Sequoia Union High

Lot Info

  • Parcel Number: 063-089-060
  • Lot Acres: 0.1469
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6400.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6400.00

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
May 30, 2018
Closed on
Dec 26, 2018
Sold by
Arroyo Bello Roberto
Bought by
Billin Margaret E
Seller's Agent
Graeham Watts
Intero Real Estate Services
Buyer's Agent
Jennifer Hopkins
Reside Real Estate
List Price
$849,000
Sold Price
$800,000
Premium/Discount to List
-$49,000
-5.77%
Current Estimated Value
$1,014,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,240
Avg. Annual Appreciation
3.62%
Original Mortgage
$560,000
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 2004
Sold by
Richardson Johnie
Bought by
Arroyo Bello Roberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
3.7%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jan 21, 2004
Sold by
Arroyo Martinez Maricuz
Bought by
Arroyo Bello Roberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
3.7%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 14, 2002
Sold by
Fre Fifty Three
Bought by
Richardson Johnie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
7.5%

Purchase Details

Closed on
Jun 21, 2002
Sold by
Singh Kushma
Bought by
Singh Kushma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,258
Interest Rate
6.74%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 20, 2002
Sold by
Singh Kushma
Bought by
Fre Fifty Three

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,258
Interest Rate
6.74%
Mortgage Type
Seller Take Back
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
Billin Margaret E $800,000 Old Republic Title Co
Arroyo Bello Roberto $410,000 First American Title Co
Arroyo Bello Roberto -- First American Title Co
Richardson Johnie $285,000 First American Title Company
Singh Kushma -- First American Title Co
Fre Fifty Three $339,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Billin Margaret E $490,400
Closed Billin Margaret E $560,000
Previous Owner Arroyo Bello Roberto $328,000
Previous Owner Richardson Johnie $228,000
Previous Owner Fre Fifty Three $215,258
Closed Richardson Johnie $42,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2018 12/28/18 Sold $800,000 -5.8% $825 / Sq Ft
12/03/2018 12/03/18 Pending -- -- --
05/30/2018 05/30/18 For Sale $849,000 -- $875 / 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 $12,211 $892,410 $747,395 $145,015
2023 $12,211 $857,759 $718,374 $139,385
2022 $11,375 $840,941 $704,289 $136,652
2021 $11,130 $824,453 $690,480 $133,973
2020 $10,948 $816,000 $683,400 $132,600
2019 $10,932 $800,000 $670,000 $130,000
2018 $7,589 $512,308 $256,154 $256,154
2017 $7,289 $502,264 $251,132 $251,132
2016 $7,208 $492,416 $246,208 $246,208
2015 $7,057 $485,020 $242,510 $242,510
2014 $5,312 $334,000 $167,000 $167,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81728721

MLSListings

APN: 063-089-060