NOT LISTED FOR SALE

338 El Carmelo Ave Palo Alto, CA 94306

Midtown Palo Alto Neighborhood

Estimated Value: $3,579,000 - $3,847,000

4 Beds
3 Baths
1,834 Sq Ft
$1,998/Sq Ft Est. Value

About This Home

This home is located at 338 El Carmelo Ave, Palo Alto, CA 94306 and is currently estimated at $3,664,433, approximately $1,998 per square foot. 338 El Carmelo Ave is a home located in Santa Clara County with nearby schools including El Carmelo Elementary School, Jane Lathrop Stanford Middle School, and Henry M. Gunn High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 8, 2010
Sold by
Yang Zhengyu and Xia Yi
Bought by
Yang Zhengyu and Xia Yi
Current Estimated Value
$3,664,433

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,600
Interest Rate
4.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 2006
Sold by
Yang Zhengyu and Xia Yi
Bought by
Yang Zhengyu and Xia Yi

Purchase Details

Closed on
May 5, 2005
Sold by
Law Kwong Wai and Law Su Lein
Bought by
Yang Zheng Yu and Xia Yi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$943,500
Outstanding Balance
$335,409
Interest Rate
1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$3,329,024

Purchase Details

Closed on
Jan 20, 2003
Sold by
Law Kwong Wai and Law Su Lein
Bought by
Law Kwong Wai and Law Su Lein

Purchase Details

Closed on
Aug 13, 1996
Sold by
Butcher Varda
Bought by
Law Kwong Wai and Law Su Lein

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,500
Interest Rate
5.75%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Yang Zhengyu -- Old Republic Title Company
Yang Zhengyu -- Old Republic Title Company
Yang Zhengyu -- None Available
Yang Zheng Yu $1,258,000 Financial Title Company
Law Kwong Wai -- --
Law Kwong Wai -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Yang Zhengyu $410,600
Open Yang Zheng Yu $943,500
Previous Owner Law Kwong Wai $367,500
Source: Public Records

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 $21,125 $1,753,533 $1,233,611 $519,922
2024 $21,125 $1,719,151 $1,209,423 $509,728
2023 $21,125 $1,685,443 $1,185,709 $499,734
2022 $20,566 $1,652,396 $1,162,460 $489,936
2021 $20,159 $1,619,997 $1,139,667 $480,330
2020 $19,748 $1,603,387 $1,127,982 $475,405
2019 $19,527 $1,571,949 $1,105,865 $466,084
2018 $18,997 $1,541,128 $1,084,182 $456,946
2017 $18,662 $1,510,911 $1,062,924 $447,987
2016 $18,170 $1,481,286 $1,042,083 $439,203
2015 $17,989 $1,459,036 $1,026,430 $432,606
2014 $17,593 $1,430,456 $1,006,324 $424,132
Source: Public Records

Map

California Santa Clara County Palo Alto 94306 Midtown Palo Alto

338 El Carmelo Ave, Palo Alto, CA

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