NOT LISTED FOR SALE

4 Gardenia Ct East Palo Alto, CA 94303

Estimated Value: $1,656,443 - $1,888,000

6 Beds
4 Baths
3,262 Sq Ft
$555/Sq Ft Est. Value

Last Sold July 14, 2021

Last sale price $1,598,000 $490 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $11,169/month

92 Days on Market

Highlights

  • Open to Family Room
  • 2 Car Attached Garage
  • Wood Burning Fireplace
  • Menlo-Atherton High School Rated A
  • Forced Air Heating System

About This Home

As of July 2021

Welcome to this Large, Beautifully Updated Property in East Palo Alto. The main home boasts 5 large bedrooms, a dining room that can be converted into a bedroom, 3 remodeled bathrooms, an updated kitchen with stainless steel appliances and granite countertops. There was an addition to the main house (ADU) that was completed 2 years ago with permits and boasts 2 bedrooms 2 baths located on a very desirable, private court. A large backyard and front yard where children and pets can play together. The entire premises was rented with $8000 per month income (Vacant Now). Ideal Silicon Valley location, the property is near the Highway 101 corridor for commuters, Stanford University, Downtown Palo Alto, and is close to tech giants Amazon, Facebook, Google, Tesla, HP, Oracle, and Apple.

Last Agent to Sell the Property

Paymon Ghafouri

Paymon Real Estate Group License #01375245 Listed on: 03/30/2021

Last Buyer's Agent

Lana Miranda

Miranda Real Estate License #01397454

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,251

Year Built

  • 1950

Lot Details

  • 7,375

Parking

  • 2 Car Attached Garage
  • 4 Carport Spaces

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 3,262 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Open to Family Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Additional Features

  • 7,375 Sq Ft Lot
  • Forced Air Heating System

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,251

Year Built

1950

Lot Details

0

Parking

2

Listing Details

  • Zoning: R10006
  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 3262
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1950

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Wood Burning
  • Fireplace: Yes
  • Living Sq Ft: 3262
  • Stories: 2
  • Fireplaces Min: 1
  • Full Bathrooms: 4
  • Total Bedrooms: 6

Exterior Features

  • Foundation: Concrete Perimeter

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage
  • Carport Min: 4

Utilities

  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.1693
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7373.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7373.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2021
Closed on
Jul 8, 2021
Sold by
Segal Zachary C and Shao Emily C
Bought by
Tautuaa Salofi and Tautuaa Lovely
Seller's Agent
Paymon Ghafouri
Paymon Real Estate Group
Buyer's Agent
Lana Miranda
Miranda Real Estate
List Price
$1,698,888
Sold Price
$1,598,000
Premium/Discount to List
-$100,888
-5.94%
Current Estimated Value
$1,811,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,361
Avg. Annual Appreciation
2.96%
Original Mortgage
$1,359,054
Outstanding Balance
$1,233,131
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$578,230

Purchase Details

Closed on
Dec 29, 2020
Sold by
Segal Zachary and Shao Emily
Bought by
Segal Zachary and Saho Emily C

Purchase Details

Listed on
Jul 7, 2017
Closed on
Jul 25, 2017
Sold by
Tucker Joseph Percy Lee and Estate Of Betty Joyce Burgess
Bought by
Segal Zachary and Shao Emily
Seller's Agent
Joe Polyak
KW Advisors
Buyer's Agent
Paymon Ghafouri
Paymon Real Estate Group
List Price
$925,000
Sold Price
$1,000,000
Premium/Discount to List
$75,000
8.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.48%
Original Mortgage
$690,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 1998
Sold by
Ruth Hendrix
Bought by
Burgess Betty

Purchase Details

Closed on
Mar 16, 1994
Sold by
Walker Patricia and Hendrix Clinton R
Bought by
Burgess Betty Joyce and Hendrix Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,400
Interest Rate
4.4%

Purchase Details

Closed on
Mar 11, 1994
Sold by
Burgess Betty Joyce and Hendrix Ruth
Bought by
Burgess Betty Joyce and Hendrix Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,400
Interest Rate
4.4%

Purchase Details

Closed on
Feb 22, 1994
Sold by
Walker Patricia and Hendrix Clinton R
Bought by
Burgess Betty Joyce and Hendrix Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,400
Interest Rate
4.4%

Purchase Details

Closed on
Feb 18, 1994
Sold by
Burgess Betty Joyce
Bought by
Burgess Betty Joyce and Hendrif Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,400
Interest Rate
4.4%

Purchase Details

Closed on
Nov 12, 1993
Sold by
Hendrix Ruth
Bought by
Walker Patricia and Hendrix Clinton R
Source: Public Records

Range of Values:

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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
Tautuaa Salofi $1,599,000 Old Republic Title Company
Segal Zachary -- None Available
Segal Zachary $1,000,000 Chicago Title Company
Burgess Betty -- --
Burgess Betty Joyce -- Stewart Title
Burgess Betty Joyce -- Stewart Title
Burgess Betty Joyce -- Stewart Title
Burgess Betty Joyce -- --
Walker Patricia -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tautuaa Salofi $1,359,054
Previous Owner Segal Zachary $690,000
Previous Owner Burgess Betty Joyce $174,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/14/2021 07/14/21 Sold $1,598,000 -0.1% $490 / Sq Ft
07/01/2021 07/01/21 Pending -- -- --
05/17/2021 05/17/21 Price Changed $1,598,888 -5.9% $490 / Sq Ft
03/30/2021 03/30/21 For Sale $1,698,888 +69.9% $521 / Sq Ft
08/04/2017 08/04/17 Sold $1,000,000 +8.1% $444 / Sq Ft View Prior Sale
07/14/2017 07/14/17 Pending -- -- --
07/07/2017 07/07/17 For Sale $925,000 -- $411 / 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 $20,251 $1,696,870 $721,621 $975,249
2023 $20,251 $1,400,000 $595,000 $805,000
2022 $18,887 $1,599,000 $680,000 $919,000
2021 $13,585 $1,109,777 $735,824 $373,953
2020 $13,332 $1,092,400 $728,280 $364,120
2019 $12,806 $1,020,000 $714,000 $306,000
2018 $12,566 $1,000,000 $700,000 $300,000
2017 $2,699 $129,407 $9,453 $119,954
2016 $2,528 $126,870 $9,268 $117,602
2015 $2,700 $124,965 $9,129 $115,836
2014 $2,646 $122,518 $8,951 $113,567
Source: Public Records

Agents Affiliated with this Home

  • Paymon Ghafouri

    Seller's Agent in 2021

    Paymon Ghafouri

    Paymon Real Estate Group

    (650) 683-0388

    2 in this area

    84 Total Sales

    Paymon Ghafouri
    Section Image

  • L

    Buyer's Agent in 2021

    Lana Miranda

    Miranda Real Estate

    (209) 456-1946

    1 in this area

    19 Total Sales

    Lana Miranda
    Section Image

  • J

    Seller's Agent in 2017

    Joe Polyak

    KW Advisors

    Section Image
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Map

Source: MLSListings

MLS Number: ML81836514

MLSListings

APN: 063-551-350

California San Mateo County East Palo Alto 94303

4 Gardenia Ct, East Palo Alto, CA

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