NOT LISTED FOR SALE

433 Monroe Dr Palo Alto, CA 94306

Mountain View West Neighborhood

Estimated Value: $2,469,000 - $3,082,589

3 Beds
2 Baths
1,329 Sq Ft
$2,129/Sq Ft Est. Value

Last Sold June 21, 2018

Last sale price $2,600,000 $1,956 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $17,674/month

7 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Den
  • Santa Rita Elementary School Rated A
  • Neighborhood Views
  • 1-minute walk to Monroe Park

About This Home

As of June 2018

Peacefully situated yet close to abundant amenities, this 2 bedroom, 1 bath home of 1,329 sq. ft. (per county) rests on a lot of 5,750 sq. ft. (per county). Hardwood floors connect living and dining areas while the sun-lit kitchen includes a breakfast area and access to the deck. One of two sizeable bedrooms adjoins a bright, flexible office or play space. Expansion or rental potential await in the detached 1 bedroom, 1 bath studio of approximately 150 sq. ft. The Monroe Park area of South Palo Alto is especially desirable for its trending price appreciation and proximity to the conveniences of nearby El Camino Real, San Antonio Shopping Center, Charleston Plaza, parks, major tech companies, and great schools including Los Altos High (#9 High School in California) (buyer to verify eligibility)

Last Agent to Sell the Property

Michael Repka

Deleon Realty License #70010006 Listed on: 05/30/2018

Last Buyer's Agent

Frank Ruan

Stanford Professional Realty Inc License #01438779

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,044

Year Built

  • Built in 1929

Lot Details

  • 5,750 Sq Ft Lot
  • Wood Fence
  • Irrigation
  • Back Yard
  • Zoning described as R1B8

Parking

  • 2 Car Detached Garage
  • Guest Parking
  • On-Street Parking

Home Design

  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,329 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Storage Room
  • Washer and Dryer
  • Neighborhood Views

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Electric Oven
  • Electric Cooktop
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Heating System Uses Gas
  • 220 Volts
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 148-05-019

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,044

Year Built

Built in 1929

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 1329
  • Incorporated: Yes
  • Year Built: 1929
  • Zoning Description: R1B8
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room, Wood Burning
  • Dining Room: Eat in Kitchen, Formal Dining Room
  • Kitchen: 220 Volt Outlet, Cooktop - Electric, Garbage Disposal, Oven - Built-In, Oven - Electric, Refrigerator
  • Living Sq Ft: 1329
  • Stories: 1
  • Bedrooms: Ground Floor Bedroom, Walk-in Closet
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Hardwood, Tile
  • Additional Rooms: Den / Study / Office, Storage
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Shower and Tub, Stall Shower
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Shingle
  • View: Neighborhood
  • Yard/Grounds: Back Yard, Balcony / Patio, Deck
  • Fencing: Wood

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Common Parking Area, Detached Garage, Guest / Visitor Parking, On Street

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Fireplace, Gas
  • Sewer/Septic System: Sewer - Public

Schools

  • High School: 265

Lot Info

  • Lot Description: Regular
  • Parcel Number: 148-05-019
  • Lot Acres: 0.1320
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5750.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5750.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Mountain View-Los Altos Union High
  • Elementary School Text: Santa Rita Elementary
  • High School Text: Los Altos High
  • Middle School Text: Ardis G. Egan Intermediate

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2018
Closed on
Jun 13, 2018
Sold by
Mathers Hugh Richard and Hugh Richard Mathers Living Tr
Bought by
Dalier Llc
Seller's Agent
Michael Repka
Deleon Realty
Buyer's Agent
Frank Ruan
Stanford Professional Realty Inc
List Price
$1,788,000
Sold Price
$2,600,000
Premium/Discount to List
$812,000
45.41%
Current Estimated Value
$2,829,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,147
Avg. Annual Appreciation
1.15%

Purchase Details

Closed on
Jun 5, 2014
Sold by
Mathers Hugh Richard and Mathers Hugh R
Bought by
Mathers Hugh Richard

Purchase Details

Closed on
Jan 2, 2004
Sold by
Farrand Donald L and Farrand Dorothy E
Bought by
Mathers Hugh R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
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
Dalier Llc $2,600,000 Chicago Title Co
Mathers Hugh Richard -- None Available
Mathers Hugh R $650,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mathers Hugh R $520,000
Closed Mathers Hugh R $84,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2018 06/21/18 Sold $2,600,000 +45.4% $1,956 / Sq Ft
06/07/2018 06/07/18 Pending -- -- --
05/30/2018 05/30/18 For Sale $1,788,000 -- $1,345 / 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 $34,044 $2,958,350 $2,730,787 $227,563
2024 $34,044 $2,900,344 $2,677,243 $223,101
2023 $33,520 $2,843,476 $2,624,749 $218,727
2022 $33,148 $2,787,723 $2,573,284 $214,439
2021 $33,340 $2,733,063 $2,522,828 $210,235
2020 $33,621 $2,705,040 $2,496,960 $208,080
2019 $31,998 $2,652,000 $2,448,000 $204,000
2018 $10,544 $812,206 $406,103 $406,103
2017 $10,167 $796,282 $398,141 $398,141
2016 $9,898 $780,670 $390,335 $390,335
2015 $9,771 $768,944 $384,472 $384,472
2014 $9,596 $753,882 $376,941 $376,941
Source: Public Records

Agents Affiliated with this Home

  • Michael Repka

    Seller's Agent in 2018

    Michael Repka

    Deleon Realty

    (650) 488-7325

    5 in this area

    766 Total Sales

    Michael Repka
    Section Image
  • Frank Ruan

    Buyer's Agent in 2018

    Frank Ruan

    Stanford Professional Realty Inc

    (650) 400-0085

    1 in this area

    32 Total Sales

    Frank Ruan
    Section Image
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Map

Source: MLSListings

MLS Number: ML81707674

MLSListings

APN: 148-05-019

California Santa Clara County Palo Alto 94306 Mountain View West

433 Monroe Dr, Palo Alto, CA

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