NOT LISTED FOR SALE

Estimated Value: $3,480,000 - $6,444,000

2 Beds
1 Bath
917 Sq Ft
$5,757/Sq Ft Est. Value

Last Sold September 27, 2019

Last sale price $2,800,000 $3,053 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $33,015/month

141 Days on Market

Highlights

  • 2 Car Detached Garage
  • Bathtub with Shower
  • 1-Story Property
  • El Carmelo Elementary School Rated A+
  • Wood Burning Fireplace

About This Home

As of September 2019

Fabulous location! Perfect starter home ready for your touches! Easy access for transportation to 280, 101 and shopping. Near California Avenue and Midtown for dining. Large lot of 50x134.50. The home to the right is owned by builder/investor and we were told eventually that will be a new home.

Last Agent to Sell the Property

Kathleen Wilson

Compass License #00902501 Listed on: 05/08/2019

Compass

Co-Listed By

Claire Zhou

Compass License #01440807

Last Buyer's Agent

Jose Payne-Johnson

Unlocked Brokerage, Inc. License #02051827

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $60,205

Year Built

  • Built in 1950

Lot Details

  • 6,874 Sq Ft Lot
  • Zoning described as R1

Parking

  • 2 Car Detached Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 917 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Laundry in unit

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Utilities

  • Wall Furnace
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 132-13-056

Home Details

Home Type

Single Family

Est. Annual Taxes

$60,205

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 69
  • Listing Class: Residential
  • Structure Sq Ft: 917
  • Year Built: 1950
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room, Wood Burning
  • Dining Room: Dining "L"
  • Living Sq Ft: 917
  • Stories: 1
  • Laundry: Inside
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Shower over Tub - 1
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Construction Type: Wood

Garage/Parking

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

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer in Street

Schools

  • School District: Palo Alto Unified

Lot Info

  • Parcel Number: 132-13-056
  • Lot Acres: 0.1578
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6874.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6874.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 28, 2020
Sold by
He Yuan
Bought by
He Yuan and The Yuan He Living Trust
Current Estimated Value
$5,113,592

Purchase Details

Listed on
May 8, 2019
Closed on
Sep 16, 2019
Sold by
Feinleib David A and Feinleib David A
Bought by
He Yuan
Seller's Agent
Kathleen Wilson
Compass
Buyer's Agent
Jose Payne-Johnson
Unlocked Brokerage, Inc.
List Price
$2,788,000
Sold Price
$2,800,000
Premium/Discount to List
$12,000
0.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.27%
Original Mortgage
$1,960,000
Outstanding Balance
$1,698,892
Interest Rate
2.55%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,825,592

Purchase Details

Closed on
Aug 29, 2018
Sold by
Shaffer Brenda
Bought by
Wu Hua and Zhu Beibei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,080,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2018
Sold by
Shaffer David W
Bought by
Shaffer David W and Shaffer Brenda

Purchase Details

Closed on
Apr 1, 2003
Sold by
Shaffer William L and Shaffer David W
Bought by
Shaffer David W
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
He Yuan -- None Available
He Yuan -- Old Republic Title Company
Feinleib David A -- Old Republic Title Company
Feinleib David A $2,800,000 Old Republic Title Company
Wu Hua $2,600,000 Chicago Title Co
Shaffer David W -- None Available
Shaffer David W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open He Yuan $1,960,000
Previous Owner Wu Hua $2,080,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2019 09/27/19 Sold $2,800,000 0.0% $3,053 / Sq Ft
06/14/2019 06/14/19 Off Market $2,800,000 -- --
05/08/2019 05/08/19 For Sale $2,788,000 -- $3,040 / 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
2024 $60,205 $5,040,076 $2,959,276 $2,080,800
2023 $59,324 $4,941,251 $2,901,251 $2,040,000
2022 $47,696 $3,924,364 $2,844,364 $1,080,000
2021 $34,100 $2,788,593 $2,788,593 $0
2020 $33,916 $2,800,000 $2,760,000 $40,000
2019 $31,820 $2,600,000 $2,550,000 $50,000
2018 $3,931 $254,436 $127,218 $127,218
2017 $3,861 $249,448 $124,724 $124,724
2016 $3,754 $244,558 $122,279 $122,279
2015 $3,711 $240,886 $120,443 $120,443
2014 $3,546 $236,168 $118,084 $118,084
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81750858

MLSListings

APN: 132-13-056