NOT LISTED FOR SALE

Estimated Value: $3,010,000 - $3,868,411

3 Beds
1 Bath
1,050 Sq Ft
$3,219/Sq Ft Est. Value

About This Home

This home is located at 4042 2nd St, Palo Alto, CA 94306 and is currently estimated at $3,380,103, approximately $3,219 per square foot. 4042 2nd St is a home located in Santa Clara County with nearby schools including Barron Park Elementary School, Ellen Fletcher Middle, and Henry M. Gunn High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 13, 2020
Sold by
Cheng Qingwen and Gu Xueying
Bought by
Cheng Qingwen and Gu Xueying
Current Estimated Value
$3,399,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$607,000
Outstanding Balance
$545,959
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$2,856,654

Purchase Details

Closed on
Sep 8, 2012
Sold by
Cheng Qingwen and Gu Xueying
Bought by
Cheng Qingwen and Gu Xueying

Purchase Details

Closed on
Dec 4, 2009
Sold by
Stephen Sang H and Lee Mary R
Bought by
Cheng Qingwen and Gu Xueying

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,000
Interest Rate
4.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2007
Sold by
Rayl Robert John
Bought by
Stephen Sang H and Lee Mary R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$890,000
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 10, 2002
Sold by
Carter Helen C
Bought by
Carter Helen C and Rayl Robert John
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
Cheng Qingwen -- Accommodation
Cheng Qingwen -- Wfg National Title Company
Cheng Qingwen -- None Available
Cheng Qingwen $1,010,000 Chicago Title Company
Stephen Sang H -- Chicago Title
Carter Helen C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cheng Qingwen $607,000
Closed Cheng Qingwen $350,000
Closed Cheng Qingwen $716,000
Closed Cheng Qingwen $726,000
Closed Cheng Qingwen $729,000
Previous Owner Stephen Sang H $894,000
Previous Owner Stephen Sang H $890,000
Previous Owner Carter Helen C $150,000
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
2024 $19,147 $1,550,724 $639,081 $911,643
2023 $18,862 $1,520,318 $626,550 $893,768
2022 $18,639 $1,490,509 $614,265 $876,244
2021 $18,270 $1,461,284 $602,221 $859,063
2020 $17,899 $1,446,301 $596,046 $850,255
2019 $17,698 $1,417,943 $584,359 $833,584
2018 $17,219 $1,390,141 $572,901 $817,240
2017 $16,915 $1,362,884 $561,668 $801,216
2016 $16,468 $1,336,161 $550,655 $785,506
2015 $16,304 $1,316,091 $542,384 $773,707
2014 $15,935 $1,290,312 $531,760 $758,552
Source: Public Records

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