NOT LISTED FOR SALE

Estimated Value: $1,633,187 - $2,253,000

2 Beds
1 Bath
890 Sq Ft
$2,019/Sq Ft Est. Value

Last Sold August 14, 2014

Last sale price $1,050,000 $1,180 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $10,894/month

13 Days on Market

Highlights

  • Wood Flooring
  • Bonus Room
  • Cottage
  • Laurel Elementary School Rated A
  • Neighborhood Views
  • Skylights

About This Home

As of August 2014

Total living area is approx. 1,450 SF (per Appraiser). Functions as a 3 BR/ 2 BA. Expanded home has converted garage and sunroom. Private and tucked away, yet close to downtown Palo Alto & commute routes. Excellent Menlo Park Schools. Remodeled bathroom and updated kitchen w/ newer SS appliances. Newly painted & freshly landscaped. Great as investment property too!

Last Agent to Sell the Property

Charlene Chang

Compass License #01353594 Listed on: 07/09/2014

Last Buyer's Agent

Lucy Berman

Golden Gate Sotheby's International Realty License #01413627

Golden Gate Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,395

Year Built

  • Built in 1947

Lot Details

  • Fenced
  • Level Lot
  • Front and Back Yard Sprinklers
  • Zoning described as R1

Parking

  • 1 Car Attached Garage
  • Off-Street Parking

Home Design

  • Cottage
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 890 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Bonus Room
  • Storage Room
  • Gas Dryer Hookup
  • Neighborhood Views

Kitchen

  • Built-In Oven
  • Dishwasher

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 062-212-070

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,395

Year Built

Built in 1947

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Cottage/Bungalow
  • Age: 67
  • Sale Price Per Sq Ft: 1179.78
  • Level Street Main: Bedroom(s)
  • Listing Class: Residential
  • Structure Sq Ft: 890
  • Incorporated: Yes
  • Map Book Page: 791
  • Map Side Coordinate: 2
  • Map Top Coordinate: A
  • Thomas Bros Page: 791
  • Thomas Brothers: A2
  • Year Built: 1947
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Fireplace: Living Room, Wood Burning, Yes
  • Dining Room: Dining Area in Living Room, No Informal Dining Room
  • Kitchen: Dishwasher, Refrigerator, Oven Range - Built-In, Hookups - Gas
  • Living Sq Ft: 890
  • Stories: 1
  • Bedrooms: Ground Floor Bedroom
  • Laundry: In Laundry Room, Gas Hookup
  • Flooring: Tile, Hardwood, Vinyl / Linoleum
  • Additional Rooms: Bonus / Hobby Room, Storage
  • Maximum Bathrooms: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Bathrooms: 1
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Pool Description: Pool - No
  • Roof: Composition
  • View: Local/Neighborhood
  • Yard/Grounds: Sprinkler(s) - Front, Sprinkler(s) - Rear, Fenced
  • Exterior: Wood, Stucco

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Attached Garage, Off-Street Parking

Utilities

  • Heating System: Forced Air, Gas

Association/Amenities

  • Amenities Miscellaneous: Double Pane Windows(s)

Schools

  • School District: Sequoia Union High
  • Elementary School: Laurel Elementary
  • Middle School: Hillview Middle
  • High School: Menlo-Atherton High
  • High School: 658
  • Elementary School: 653
  • Middle School: 642

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 062-212-070
  • List Price per Sq Ft: 1179.78
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4720.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 4720.00
  • Lot Size Area Min Search: 4720.00
  • Maximum Lot Size: 4720.00
  • Map Book: Thomas Bros

Green Features

  • Energy Features: Double Pane Windows, Skylight, Ceiling Fan(s)

Multi Family

  • Maximum Building Height: 1
  • Minimum Building Height: 1

MLS Schools

  • High School District Text: Sequoia Union High
  • Elementary School Text: Laurel Elementary
  • High School Text: Menlo-Atherton High
  • Middle School Text: Hillview Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2014
Closed on
Aug 11, 2014
Sold by
Pracht Benjamin and Aaron Anne
Bought by
Rice Lea N and Rice David
Seller's Agent
Charlene Chang
Compass
Buyer's Agent
Lucy Berman
Golden Gate Sotheby's International Realty
List Price
$1,050,000
Sold Price
$1,050,000
Current Estimated Value
$1,797,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$747,047
Avg. Annual Appreciation
4.71%
Original Mortgage
$787,500
Interest Rate
4.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 18, 2012
Sold by
Aaron Anne and Pracht Benjamin
Bought by
Pracht Benjamin and Aaron Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$463,000
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2012
Sold by
Aaron Anne Margot F
Bought by
Aaron Anne and Pracht Benjamin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$463,000
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2005
Sold by
Tooley James S and Mukhejee Sutapa
Bought by
Aaron Anne Margot F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$592,000
Interest Rate
5.64%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jun 18, 1998
Sold by
Neuman Thomas R and Neuman Barbara L
Bought by
Tooley James S and Mukherjee Sutapa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$361,000
Interest Rate
7.12%
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
Rice Lea N $1,050,000 Chicago Title Company
Pracht Benjamin -- None Available
Aaron Anne -- First American Title Company
Aaron Anne Margot F $740,000 Commonwealth Title
Tooley James S $380,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rice Lea N $787,500
Previous Owner Aaron Anne $463,000
Previous Owner Aaron Anne Margot F $592,000
Previous Owner Tooley James S $361,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2014 08/14/14 Sold $1,050,000 0.0% $1,180 / Sq Ft
08/14/2014 08/14/14 Off Market $1,050,000 -- --
07/22/2014 07/22/14 Pending -- -- --
07/09/2014 07/09/14 For Sale $1,050,000 -- $1,180 / 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 $16,395 $1,261,934 $1,195,837 $66,097
2023 $16,395 $1,212,933 $1,149,402 $63,531
2022 $15,608 $1,189,151 $1,126,865 $62,286
2021 $15,174 $1,165,835 $1,104,770 $61,065
2020 $15,056 $1,153,881 $1,093,442 $60,439
2019 $14,834 $1,131,256 $1,072,002 $59,254
2018 $14,446 $1,109,076 $1,050,983 $58,093
2017 $14,198 $1,087,330 $1,030,376 $56,954
2016 $13,729 $1,066,011 $1,010,173 $55,838
2015 $13,567 $1,050,000 $995,000 $55,000
2014 $11,000 $824,944 $412,472 $412,472
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81424503

MLSListings

APN: 062-212-070