NOT LISTED FOR SALE

Estimated Value: $1,678,116 - $2,112,000

2 Beds
2 Baths
1,541 Sq Ft
$1,172/Sq Ft Est. Value

About This Home

This home is located at 553 Thain Way, Palo Alto, CA 94306 and is currently estimated at $1,806,279, approximately $1,172 per square foot. 553 Thain Way is a home located in Santa Clara County with nearby schools including Juana Briones Elementary School, Ellen Fletcher Middle, and Henry M. Gunn High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2016
Sold by
Laforge Lisa
Bought by
Singhal Ashish and Singhal Ayla
Current Estimated Value
$1,806,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$805,094
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
$930,766

Purchase Details

Closed on
Aug 23, 2012
Sold by
Darling David A
Bought by
Laforge Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$619,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 2008
Sold by
Laforge Lisa
Bought by
Laforge Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
6%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 6, 2006
Sold by
Laforge Lisa
Bought by
Laforge Lisa

Purchase Details

Closed on
May 20, 2004
Sold by
Michelson Irma
Bought by
Laforge Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 8, 2000
Sold by
Irma Michelson and Irma Marissa B
Bought by
Michelson Irma

Purchase Details

Closed on
Jan 8, 1999
Sold by
Michelson Peter
Bought by
Michelson Irma

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
6.66%
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

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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
Singhal Ashish $1,425,000 First American Title Company
Laforge Lisa -- Old Republic Title Company
Laforge Lisa -- None Available
Laforge Lisa -- None Available
Laforge Lisa -- Financial Title Company
Michelson Irma -- --
Michelson Irma -- Old Republic Title Company
Michelson Irma $409,500 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Singhal Ashish $1,000,000
Previous Owner Laforge Lisa $619,000
Previous Owner Darling David A $675,000
Previous Owner Laforge Lisa $92,800
Previous Owner Laforge Lisa $600,000
Previous Owner Michelson Irma $200,000
Previous Owner Shaw Mary Wright $40,000
Closed Laforge Lisa $75,000
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 $20,396 $1,686,906 $843,453 $843,453
2024 $20,396 $1,653,830 $826,915 $826,915
2023 $20,095 $1,621,402 $810,701 $810,701
2022 $19,861 $1,589,610 $794,805 $794,805
2021 $19,470 $1,558,442 $779,221 $779,221
2020 $19,075 $1,542,464 $771,232 $771,232
2019 $18,863 $1,512,220 $756,110 $756,110
2018 $18,352 $1,482,570 $741,285 $741,285
2017 $18,031 $1,453,500 $726,750 $726,750
2016 $11,412 $900,777 $420,362 $480,415
2015 $11,297 $887,247 $414,048 $473,199
2014 $11,010 $869,868 $405,938 $463,930
Source: Public Records

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