NOT LISTED FOR SALE

2724 Xavier St East Palo Alto, CA 94303

Estimated Value: $1,541,000 - $2,250,000

9 Beds
5 Baths
4,050 Sq Ft
$467/Sq Ft Est. Value

Last Sold March 14, 2018

Last sale price $1,400,000 $346 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $11,876/month

14 Days on Market

Highlights

  • Forced Air Heating System
  • Separate Family Room
  • Wood Burning Fireplace
  • Menlo-Atherton High School Rated A
  • Dining Area

About This Home

As of March 2018

Opportunity Knocks! One of the biggest house in East Palo Alto with 4050 Sq Ft. 9 bedroom with two extra bonus room (permits Unknow) , 5 bathroom, House has 2nd dwelling with separate Kitchen, 4 bedroom & 2 bath downstairs, 6 bedroom & 3 bath upstairs. Facebook is visible from the 2nd floor, Do Not Bother Tenants, Only look from outside, Make offer subject to inspection.

Last Agent to Sell the Property

Shawn Jahanbani

Realty World Dominion License #01952057 Listed on: 01/19/2018

Last Buyer's Agent

Lilly Yaz

Realty World Dominion License #01506610

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,907

Year Built

  • Built in 1953

Lot Details

  • 7,000 Sq Ft Lot
  • Zoning described as R10006

Parking

  • 2 Car Garage
  • 2 Carport Spaces

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 4,050 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Separate Family Room
  • Dining Area

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Full Bathrooms

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 063-013-320

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,907

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 65
  • Listing Class: Residential
  • Structure Sq Ft: 4050
  • Year Built: 1953
  • Zoning Description: R10006
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining Area
  • Living Sq Ft: 4050
  • Stories: 2
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 9
  • Minimum Numberof Bedrooms: 9
  • Full Bathrooms: 5
  • Total Bedrooms: 9
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Covered Parking
  • Carport Min: 2

Utilities

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

Schools

  • School District: Sequoia Union High

Lot Info

  • Parcel Number: 063-013-320
  • Lot Acres: 0.1607
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7000.00

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
Jan 19, 2018
Closed on
Feb 27, 2018
Sold by
Nobarani Mania Malekian
Bought by
He Yonggang and Ji Hong
Seller's Agent
Shawn Jahanbani
Realty World Dominion
Buyer's Agent
Lilly Yaz
Realty World Dominion
List Price
$1,250,000
Sold Price
$1,400,000
Premium/Discount to List
$150,000
12%
Current Estimated Value
$1,889,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$489,923
Avg. Annual Appreciation
4.09%
Original Mortgage
$840,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 25, 2013
Sold by
Kojouri Kourosh
Bought by
Nobarani Mania Malekian

Purchase Details

Closed on
Nov 15, 2012
Sold by
Kojouri Kourosh
Bought by
Kojouri Kourosh and Nobarani Mania Malekian

Purchase Details

Listed on
May 23, 2012
Closed on
Jun 18, 2012
Sold by
Nobarani Maryam Malekian
Bought by
Kojouri Kourosh
Seller's Agent
Michael A. Ames
Patriot Properties
Buyer's Agent
Doosik Lee
Kuiper Real Estate Team Corp
List Price
$324,900
Sold Price
$375,000
Premium/Discount to List
$50,100
15.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.10%

Purchase Details

Listed on
May 23, 2012
Closed on
Jun 12, 2012
Sold by
Quantum Servicing Corp
Bought by
Kojouri Kourosh
Seller's Agent
Michael A. Ames
Patriot Properties
Buyer's Agent
Doosik Lee
Kuiper Real Estate Team Corp
List Price
$324,900
Sold Price
$375,000
Premium/Discount to List
$50,100
15.42%

Purchase Details

Closed on
Nov 20, 2009
Sold by
Castaneda Myrna G and Esquivias Maria L
Bought by
Quantum Servicing Corp

Purchase Details

Closed on
Jun 13, 2007
Sold by
Webb Moses
Bought by
Castaneda Myrna G and Esquivias Maria L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,000
Interest Rate
6.41%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 17, 2003
Sold by
Webb Moses
Bought by
Webb Moses

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,000
Interest Rate
5.82%
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
He Yonggang $1,400,000 Old Republic Title Co
Nobarani Mania Malekian -- None Available
Kojouri Kourosh -- Lsi Title Company
Kojouri Kourosh -- Lsi Title Company
Kojouri Kourosh $375,000 Lsi Title Company
Quantum Servicing Corp $410,000 Accommodation
Castaneda Myrna G $820,000 Stewart Title Of California
Webb Moses -- Stewart Title Of Calif
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open He Yonggang $801,000
Closed He Yonggang $818,000
Closed He Yonggang $840,000
Previous Owner Castaneda Myrna G $146,000
Previous Owner Castaneda Myrna G $656,000
Previous Owner Webb Moses $303,000
Previous Owner Webb Moses $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2018 03/14/18 Sold $1,400,000 +12.0% $346 / Sq Ft
02/03/2018 02/03/18 Pending -- -- --
01/19/2018 01/19/18 For Sale $1,250,000 +233.3% $309 / Sq Ft
07/19/2012 07/19/12 Sold $375,000 +15.4% $93 / Sq Ft
06/07/2012 06/07/12 Pending -- -- --
05/23/2012 05/23/12 For Sale $324,900 -- $80 / 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 $19,907 $1,592,956 $796,478 $796,478
2023 $19,907 $1,531,100 $765,550 $765,550
2022 $18,582 $1,501,080 $750,540 $750,540
2021 $18,192 $1,471,648 $735,824 $735,824
2020 $17,927 $1,456,560 $728,280 $728,280
2019 $17,937 $1,428,000 $714,000 $714,000
2018 $6,485 $405,844 $270,564 $135,280
2017 $6,227 $397,887 $265,259 $132,628
2016 $6,214 $390,086 $260,058 $130,028
2015 $6,083 $384,227 $256,152 $128,075
2014 $5,915 $376,702 $251,135 $125,567
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81689551

MLSListings

APN: 063-013-320