NOT LISTED FOR SALE

551 Santa Rita Ave Palo Alto, CA 94301

Old Palo Alto Neighborhood

Estimated Value: $5,026,752 - $6,137,000

3 Beds
3 Baths
2,398 Sq Ft
$2,248/Sq Ft Est. Value

About This Home

This home is located at 551 Santa Rita Ave, Palo Alto, CA 94301 and is currently estimated at $5,390,938, approximately $2,248 per square foot. 551 Santa Rita Ave is a home located in Santa Clara County with nearby schools including Walter Hays Elementary, Frank S. Greene Jr. Middle, and Palo Alto High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2013
Sold by
Sussner Heinrich and Sussner Resa S
Bought by
Sussner Heinrich and Sussner Resa S
Current Estimated Value
$5,430,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$745,000
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 28, 1997
Sold by
Heinrich Sussner and Heinrich Resa S
Bought by
Sussner Heinrich and Sussner Resa S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
7.75%
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

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Sussner Heinrich -- Chicago Title Company
Sussner Heinrich -- First American Title Co
Sussner Heinrich -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Sussner Heinrich $745,000
Closed Sussner Heinrich $925,000
Closed Sussner Heinrich $923,000
Closed Sussner Heinrich $750,000
Closed Sussner Heinrich $750,000
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 $19,219 $1,588,021 $1,061,016 $527,005
2024 $19,219 $1,556,884 $1,040,212 $516,672
2023 $18,933 $1,526,358 $1,019,816 $506,542
2022 $18,709 $1,496,430 $999,820 $496,610
2021 $18,339 $1,467,089 $980,216 $486,873
2020 $17,967 $1,452,047 $970,166 $481,881
2019 $17,765 $1,423,577 $951,144 $472,433
2018 $17,284 $1,395,665 $932,495 $463,170
2017 $16,979 $1,368,300 $914,211 $454,089
2016 $16,531 $1,341,472 $896,286 $445,186
2015 $16,366 $1,321,322 $882,823 $438,499
2014 $15,995 $1,295,440 $865,530 $429,910
Source: Public Records

Map

California Santa Clara County Palo Alto 94301 Old Palo Alto

551 Santa Rita Ave, Palo Alto, CA

This home is located at 551 Santa Rita Ave, Palo Alto, CA 94301 and is currently estimated at $5,390,938, approximately $2,248 per square foot. 551 Santa Rita Ave is a home located in Santa Clara County with nearby schools including Walter Hays Elementary, Frank S. Greene Jr. Middle, and Palo Alto 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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