NOT LISTED FOR SALE

35 Buchanan Ct East Palo Alto, CA 94303

Estimated Value: $1,187,000 - $1,581,000

4 Beds
2 Baths
1,990 Sq Ft
$689/Sq Ft Est. Value

Last Sold June 16, 2017

Last sale price $850,000 $427 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $8,574/month

145 Days on Market

Highlights

  • Tile Flooring
  • Fenced
  • Back Yard
  • Menlo-Atherton High School Rated A
  • Level Lot
  • 1-Story Property

About This Home

As of June 2017

GOOD INVESTMENT OPPORTUNITY. LIVE IN ONE UNIT, GET RENTAL INCOME FROM THE OTHER UNIT.AND BUILD EQUITY. CLOSE TO FACEBOOK AND STANFORD. WITHIN COMMUTE DISTANCE OF SILICON VALLEY AND SAN FRANCISCO. EAST PALO ALTO HAS POTENTIALLY MUCH UPSIDE INVESTMENT OPPORTUNITY..

Last Agent to Sell the Property

Ken Harris

Alpha Pacific Realty License #00497905 Listed on: 11/27/2016

Last Buyer's Agent

John Scott

Scott Keys Properties License #01442690

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,200

Year Built

  • 1960

Lot Details

  • 5,968 Sq Ft Lot
  • Fenced
  • Level Lot
  • Back Yard

Parking

  • 2 Car Garage
  • On-Street Parking

Home Design

  • Duplex
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,990 Sq Ft Home
  • 1-Story Property

Kitchen

  • Range Hood
  • Formica Countertops

Flooring

  • Carpet
  • Tile
  • Vinyl

Utilities

  • Wall Furnace
  • Heating System Uses Gas
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $12,000

Community Details

Overview

Building Details

  • Insurance Expense $1,000
  • Maintenance Expense $250
  • Other Expense $250
  • Trash Expense $1,677
  • Operating Expense $7,313
  • Gross Income $12,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,200

Year Built

1960

Lot Details

0

Parking

2

Listing Details

  • Zoning: R20000
  • Subclass: Duplex
  • Style: Unknown
  • Age: 56
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1990
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1960

Interior Features

  • Kitchen: Countertop - Formica, Hood Over Range, Hookups - Gas
  • Living Sq Ft: 1990
  • Stories: 1
  • Flooring: Carpet, Tile, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Yard/Grounds: Back Yard, Fenced
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 1
  • Garage Parking Features: Attached Garage, On Street

Utilities

  • Heating System: Gas, Wall Furnace
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Schools

  • School District: Sequoia Union High
  • Elementary School: Edison-Brentwood Academy
  • Middle School: Edison-McNair Academy
  • Elementary School: 612
  • Middle School: 774

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1370
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5978.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5978.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 70.42

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 1000
  • Expense Maintenance: 250
  • Expenses Other: 250
  • Expenses Total: 7313
  • Expense Trash: 1677
  • Income Annual Gross: 12000.00
  • Income Annual Rental: 12000
  • Income Gross Scheduled: 12000
  • Income Includes: Rents
  • Meters: Master Gas, Separate Electric
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance - Repair, Services - Sewer, Services - Trash Removal
  • Tenant Expenses: Maintenance, Utilities - Electric, Utilities - Gas, Utilities - Hot Water, Utilities - Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2021
Sold by
Utierrez Mercedes
Bought by
Tapia Monica Ceron
Current Estimated Value
$1,371,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$787,000
Outstanding Balance
$724,747
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$646,927

Purchase Details

Closed on
Sep 3, 2019
Sold by
Gutierrez Mercedes and Tapia Mercedes Ceron
Bought by
Gutierrez Mercedes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$809,255
Interest Rate
3.7%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 27, 2016
Closed on
May 25, 2017
Sold by
Duplessis Curtis D and Duplessis Bonnie E
Bought by
Tapia Mercedes Ceron
Seller's Agent
Ken Harris
Alpha Pacific Realty
Buyer's Agent
John Scott
Scott Keys Properties
List Price
$845,000
Sold Price
$850,000
Premium/Discount to List
$5,000
0.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.02%
Original Mortgage
$828,753
Interest Rate
4.02%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 19, 2009
Sold by
Duplessis Curtis D and Duplessis Bonnie E
Bought by
Duplessis Curtis D and Duplessis Bonnie E

Purchase Details

Closed on
Jul 26, 2006
Sold by
Duplessis Curtis D and Duplessis Bonnie E
Bought by
Duplessis Curtis D and Duplessis Bonnie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
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
Tapia Monica Ceron $393,500 Chicago Title Company
Gutierrez Mercedes -- Title365
Gutierrez Mercedes -- None Available
Tapia Mercedes Ceron $850,000 Old Republic Title Company
Duplessis Curtis D -- None Available
Duplessis Curtis D -- Financial Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tapia Monica Ceron $787,000
Previous Owner Gutierrez Mercedes $809,255
Previous Owner Tapia Mercedes Ceron $828,753
Previous Owner Duplessis Curtis D $200,000
Previous Owner Duplessis Curtis D $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2017 06/16/17 Sold $850,000 +0.6% $427 / Sq Ft
04/22/2017 04/22/17 Pending -- -- --
04/21/2017 04/21/17 For Sale $845,000 0.0% $425 / Sq Ft
04/18/2017 04/18/17 Pending -- -- --
04/07/2017 04/07/17 Price Changed $845,000 -5.1% $425 / Sq Ft
11/27/2016 11/27/16 For Sale $889,950 -- $447 / 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 $13,200 $986,493 $696,348 $290,145
2023 $13,200 $948,188 $669,309 $278,879
2022 $12,269 $929,597 $656,186 $273,411
2021 $12,029 $911,370 $643,320 $268,050
2020 $11,867 $902,026 $636,724 $265,302
2019 $11,902 $884,340 $624,240 $260,100
2018 $11,662 $867,000 $612,000 $255,000
2017 $4,109 $197,887 $82,451 $115,436
2016 $4,173 $194,008 $80,835 $113,173
2015 $4,136 $191,095 $79,621 $111,474
2014 $4,042 $187,353 $78,062 $109,291
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2017

    Ken Harris

    Alpha Pacific Realty

    (650) 796-2121

    1 in this area

    4 Total Sales

    Ken Harris
    Section Image

  • J

    Buyer's Agent in 2017

    John Scott

    Scott Keys Properties

See All Agents

Map

Source: MLSListings

MLS Number: ML81632669

MLSListings

APN: 063-263-160

California Santa Clara County East Palo Alto 94303

35 Buchanan Ct, East Palo Alto, CA

This home is located at 35 Buchanan Ct, East Palo Alto, CA 94303 since 27 November 2016 and is currently estimated at $1,371,674, approximately $689 per square foot. This property was built in 1960. 35 Buchanan Ct is a home located in Santa Clara County with nearby schools including Costano Elementary School, Menlo-Atherton High School, and Aspire East Palo Alto Charter School.

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