NOT LISTED FOR SALE

342 El Carmelo Ave Palo Alto, CA 94306

Midtown Palo Alto Neighborhood

Estimated Value: $3,321,990 - $3,744,000

3 Beds
2 Baths
1,430 Sq Ft
$2,481/Sq Ft Est. Value

About This Home

This home is located at 342 El Carmelo Ave, Palo Alto, CA 94306 and is currently estimated at $3,547,498, approximately $2,480 per square foot. 342 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
Jun 18, 2013
Sold by
Ho Chung Leung and Cheng Lichin
Bought by
Ho Chung Leung and Cheng Lichin
Current Estimated Value
$3,547,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Outstanding Balance
$627,647
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$3,000,032

Purchase Details

Closed on
Apr 27, 2012
Sold by
Ho Chung Leung and Cheng Lichin
Bought by
Ho Chung Leung and Cheng Lichin

Purchase Details

Closed on
May 24, 2006
Sold by
Ho Chung Leung and Cheng Li Chin
Bought by
Ho Chung Leung and Cheng Lichin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.52%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 22, 2006
Sold by
Everhart Cynthia
Bought by
Ho Chung Leung and Cheng Li Chin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.52%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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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
Ho Chung Leung -- First American Title Company
Ho Chung Leung -- First American Title Company
Ho Chung Leung -- None Available
Ho Chung Leung -- Fidelity National Title Co
Ho Chung Leung -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ho Chung Leung $900,000
Closed Ho Chung Leung $500,000
Closed Ho Chung Leung $500,000
Closed Ho Chung Leung $550,000
Closed Ho Chung Leung $595,470
Closed Ho Chung Leung $600,000
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 $19,785 $1,637,150 $1,332,411 $304,739
2024 $19,785 $1,605,050 $1,306,286 $298,764
2023 $19,491 $1,573,579 $1,280,673 $292,906
2022 $19,260 $1,542,725 $1,255,562 $287,163
2021 $18,879 $1,512,477 $1,230,944 $281,533
2020 $18,495 $1,496,970 $1,218,323 $278,647
2019 $18,288 $1,467,619 $1,194,435 $273,184
2018 $17,792 $1,438,843 $1,171,015 $267,828
2017 $17,478 $1,410,631 $1,148,054 $262,577
2016 $17,017 $1,382,973 $1,125,544 $257,429
2015 $16,848 $1,362,201 $1,108,638 $253,563
2014 $16,469 $1,335,519 $1,086,922 $248,597
Source: Public Records

Map

California Santa Clara County Palo Alto 94306 Midtown Palo Alto

342 El Carmelo Ave, Palo Alto, CA

This home is located at 342 El Carmelo Ave, Palo Alto, CA 94306 and is currently estimated at $3,547,498, approximately $2,480 per square foot. 342 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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