NOT LISTED FOR SALE

314 Lilac Ln East Palo Alto, CA 94303

Estimated Value: $941,411 - $1,971,000

4 Beds
2 Baths
1,600 Sq Ft
$862/Sq Ft Est. Value

Last Sold March 11, 2016

Last sale price $820,000 $512 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $8,603/month

12 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • Security Fence
  • Menlo-Atherton High School Rated A
  • Ceiling Fan
  • 1-Story Property

About This Home

As of March 2016

This home is located at 314 Lilac Ln, East Palo Alto, CA 94303 since 29 January 2016 and is currently estimated at $1,379,470, approximately $862 per square foot. This property was built in 1930. 314 Lilac Ln is a home located in San Mateo County with nearby schools including Brentwood Academy, Menlo-Atherton High School, and Aspire East Palo Alto Charter School.

Last Agent to Sell the Property

Juan Ontiveros

Infinity Financial & Rlty License #01886659 Listed on: 01/29/2016

Last Buyer's Agent

Jesse Gutierrez

Golden Gate Sotheby's International Realty License #01187448

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,027

Year Built

  • 1930

Lot Details

  • 5,009 Sq Ft Lot
  • Security Fence

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,600 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Crawl Space

Flooring

  • Wood
  • Laminate
  • Tile

Utilities

  • Forced Air Heating System
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $24,000

Community Details

Overview

  • 1,600 Sq Ft Building

Building Details

  • Insurance Expense $900
  • Operating Expense $8,431
  • Gross Income $24,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,027

Year Built

1930

Lot Details

0

Parking

2

Listing Details

  • Zoning: R10006
  • Subclass: Duplex
  • Age: 86
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1600
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1930

Interior Features

  • Living Sq Ft: 1600
  • Stories: 1
  • Security: Security Fence
  • Flooring: Hardwood, Laminate, Tile

Exterior Features

  • Foundation: Concrete Slab, Crawl Space
  • Roof: Composition, Shingle

Garage/Parking

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

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Central Forced Air, Wall Furnace
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: Sequoia Union High

Lot Info

  • Lot Acres: 0.1150
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5000.00

Rental Info

  • Gross Rent Multiplier: 31.25

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 900
  • Expenses Total: 8431
  • Income Annual Gross: 24000.00
  • Income Annual Rental: 24000
  • Income Gross Scheduled: 24000
  • Meters: Master Electric, Master Gas
  • Number Of Buildings: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 26, 2020
Sold by
Bazzini Brianne A
Bought by
Green Joseph and Bazzini Green Brianne
Current Estimated Value
$1,379,470

Purchase Details

Listed on
Jan 29, 2016
Closed on
Mar 8, 2016
Sold by
Green Joseph Charles
Bought by
Bazzini Brianne A
Seller's Agent
Juan Ontiveros
Infinity Financial & Rlty
Buyer's Agent
Jesse Gutierrez
Golden Gate Sotheby's International Realty
List Price
$749,900
Sold Price
$820,000
Premium/Discount to List
$70,100
9.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$615,000
Outstanding Balance
$491,646
Interest Rate
3.79%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 29, 2016
Closed on
Mar 3, 2016
Sold by
Chavez Manuel Moreno
Bought by
Bazzini Brianne A
Seller's Agent
Juan Ontiveros
Infinity Financial & Rlty
Buyer's Agent
Jesse Gutierrez
Golden Gate Sotheby's International Realty
List Price
$749,900
Sold Price
$820,000
Premium/Discount to List
$70,100
9.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$615,000
Outstanding Balance
$491,646
Interest Rate
3.79%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 13, 2007
Sold by
Valdovinos Margarito and Diaz Juan
Bought by
Chavez Manuel Moreno

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,000
Interest Rate
6.29%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 1, 2006
Sold by
Valdovinos Margarito
Bought by
Valdovinos Margarito and Diaz Juan

Purchase Details

Closed on
Jun 2, 2005
Sold by
Legorreta Reynalda Magana
Bought by
Valdovinos Margarito

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,500
Interest Rate
5.58%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 14, 2003
Sold by
Magana Reynalda
Bought by
Valdovinos Margarito

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 28, 2001
Sold by
Roberts Draco and Roberts Mary E
Bought by
Cuevas Juan B and Valdovinos Margarito

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,700
Interest Rate
7.09%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 21, 2001
Sold by
Zuniga Petronila
Bought by
Zuniga Agapito

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,700
Interest Rate
7.09%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 8, 1999
Sold by
Draco Roberts and Haggarty Roberts Mary E
Bought by
Roberts Draco and Roberts Mary E

Purchase Details

Closed on
Dec 27, 1996
Sold by
Great Western Bank
Bought by
Roberts Draco and Roberts Mary E Haggarty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,750
Interest Rate
7.53%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 11, 1996
Sold by
Petelo Tevita F and Petelo Tafolosa L
Bought by
Great Western Bank Fsb
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
Green Joseph -- None Available
Bazzini Brianne A -- Old Republic Title Company
Bazzini Brianne A $820,000 Old Republic Title Company
Chavez Manuel Moreno $615,000 Alliance Title Company
Valdovinos Margarito -- None Available
Valdovinos Margarito -- Ticor Title Co Of California
Valdovinos Margarito -- North American Title Company
Valdovinos Margarito -- North American Title Company
Cuevas Juan B $365,000 Bridgespan Title Company
Zuniga Agapito -- Bridgespan Title Company
Roberts Draco -- --
Roberts Draco $125,000 Fidelity National Title Co
Great Western Bank Fsb $87,111 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bazzini Brianne A $615,000
Previous Owner Chavez Manuel Moreno $123,000
Previous Owner Chavez Manuel Moreno $492,000
Previous Owner Valdovinos Margarito $60,500
Previous Owner Valdovinos Margarito $410,000
Previous Owner Valdovinos Margarito $62,500
Previous Owner Valdovinos Margarito $360,000
Previous Owner Cuevas Juan B $346,700
Previous Owner Roberts Draco $93,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2016 03/11/16 Sold $820,000 +9.3% $513 / Sq Ft
02/11/2016 02/11/16 Pending -- -- --
01/29/2016 01/29/16 For Sale $749,900 -- $469 / 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 $13,027 $970,708 $591,896 $378,812
2023 $13,027 $933,016 $568,913 $364,103
2022 $12,107 $914,722 $557,758 $356,964
2021 $11,870 $896,787 $546,822 $349,965
2020 $11,710 $887,593 $541,216 $346,377
2019 $11,744 $870,190 $530,604 $339,586
2018 $11,507 $853,128 $520,200 $332,928
2017 $11,120 $836,400 $510,000 $326,400
2016 $9,628 $696,032 $348,016 $348,016
2015 $8,390 $585,000 $292,500 $292,500
2014 $7,531 $512,000 $256,000 $256,000
Source: Public Records

Agents Affiliated with this Home

  • Juan Ontiveros

    Seller's Agent in 2016

    Juan Ontiveros

    Infinity Financial & Rlty

    (650) 207-8868

    2 in this area

    63 Total Sales

    Juan Ontiveros
    Section Image

  • J

    Buyer's Agent in 2016

    Jesse Gutierrez

    Golden Gate Sotheby's International Realty

    Section Image
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Map

Source: MLSListings

MLS Number: ML81548787

MLSListings

APN: 063-192-050

California San Mateo County East Palo Alto 94303

314 Lilac Ln, East Palo Alto, CA

This home is located at 314 Lilac Ln, East Palo Alto, CA 94303 since 29 January 2016 and is currently estimated at $1,379,470, approximately $862 per square foot. This property was built in 1930. 314 Lilac Ln is a home located in San Mateo County with nearby schools including Brentwood Academy, Menlo-Atherton High School, and Aspire East Palo Alto Charter School.

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