NOT LISTED FOR SALE

578 Sacramento St East Palo Alto, CA 94303

Estimated Value: $889,831 - $1,280,000

4 Beds
4 Baths
1,300 Sq Ft
$835/Sq Ft Est. Value

Last Sold May 20, 2015

Last sale price $460,000 $354 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $6,956/month

2 Days on Market

Highlights

  • Wood Flooring
  • Menlo-Atherton High School Rated A
  • 1-Story Property

About This Home

As of May 2015

True Fixer Upper - 1/1 in law - needs major repair

Last Agent to Sell the Property

Jack Sharma

E-z Homes Real Estate, Inc. License #01039806 Listed on: 08/24/2014

Last Buyer's Agent

Jagdish Sharma

E-Z Homes Real Estate, Inc License #01039806

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,376

Lot Details

  • 6,316

Parking

  • Carport

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 1,300 Sq Ft Home
  • 1-Story Property
  • Gas Dryer Hookup

Flooring

  • Wood
  • Laminate

Utilities

  • Sewer Within 50 Feet

Listing and Financial Details

  • The owner pays for garbage, water

Community Details

Overview

  • 2 Units
  • 1,300 Sq Ft Building

Building Details

  • Operating Expense $5,781

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,376

Lot Details

0

Listing Details

  • Zoning: Resid
  • Subclass: Duplex
  • Restrictions: Age - No Restrictions
  • Inspections Reports: Flood Zone
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 1300
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Living Sq Ft: 1300
  • Stories: 1
  • Laundry: Gas Hookup
  • Flooring: Laminate, Hardwood

Exterior Features

  • Roof: Shingle
  • View: Local/Neighborhood

Garage/Parking

  • Garage Parking Features: Carport

Utilities

  • Heating System: Gas - Natural
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Schools

  • School District: Sequoia Union High

Lot Info

  • Lot Location: Corner
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6098.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 6098.00
  • Lot Size Area Min Search: 6098.00
  • Maximum Lot Size: 6098.00

Rental Info

  • Existing Lease Term(s): Month To Month

Multi Family

  • Expenses Total: 5781
  • Maximum Building Height: 1
  • Meters: Separate Gas, Master Water
  • Minimum Building Height: 1
  • Number Of Buildings: 2
  • Operating Expenses Include: Services - Trash Removal, Utilities - Water, Maintenance - Repair, Services - Sewer, Vacancy Factor
  • Owner Pays: Garbage, Water
  • Tenant Expenses: Utilities - Gas, Utilities - Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2019
Sold by
Vasquez Manolo
Bought by
Valencia Victor E and Gonzalez Gloria J
Current Estimated Value
$1,084,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Outstanding Balance
$747,781
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$347,078

Purchase Details

Closed on
Aug 20, 2018
Sold by
Vazquez Manolo S and Larreynaga Wendy Y
Bought by
Vasquez Manolo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 24, 2014
Closed on
Apr 30, 2015
Sold by
Saavedra Carlos R and Saavedra Maribel A
Bought by
Vazquez Manolo S and Larreynaga Wendy Y
Seller's Agent
Jack Sharma
E-z Homes Real Estate, Inc.
Buyer's Agent
Jagdish Sharma
E-Z Homes Real Estate, Inc
List Price
$360,000
Sold Price
$460,000
Premium/Discount to List
$100,000
27.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.82%
Original Mortgage
$451,668
Interest Rate
3.63%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 9, 2002
Sold by
Saavedra Carlos R and Saavedra Maribel A
Bought by
Saavedra Carlos R and Saavedra Maribel A

Purchase Details

Closed on
Aug 8, 2001
Sold by
Ortiz Alvaro A Suchite
Bought by
Larreynaga Milagro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$377,600
Interest Rate
6.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 5, 2001
Sold by
Singh Sanjay and Singh Asha D
Bought by
Saavedra Carlos R and Saavedra Maribel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$377,600
Interest Rate
6.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 1, 1999
Sold by
Robert Burns
Bought by
Singh Sanjay and Singh Asha D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
6.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 14, 1994
Sold by
Burns Robert
Bought by
Burns Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
8.91%
Mortgage Type
Commercial
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
Valencia Victor E $1,000,000 Old Republic Title Company
Vasquez Manolo -- First American Title Co
Vasquez Manolo -- First American Title
Vazquez Manolo S $460,000 Old Republic Title Company
Saavedra Carlos R -- American
Larreynaga Milagro -- American Title Co
Saavedra Carlos R $472,000 American Title Co
Singh Sanjay $220,000 North American Title Co
Burns Robert -- Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valencia Victor E $237,000
Closed Valencia Victor E $15,000
Open Valencia Victor E $850,000
Previous Owner Vasquez Manolo $500,000
Previous Owner Vazquez Manolo S $451,668
Previous Owner Saavedra Carlos R $198,000
Previous Owner Saavedra Carlos R $130,000
Previous Owner Saavedra Carlos R $520,000
Previous Owner Saavedra Carlos R $97,500
Previous Owner Saavedra Carlos R $517,750
Previous Owner Saavedra Carlos R $499,999
Previous Owner Saavedra Carlos R $377,600
Previous Owner Singh Sanjay $176,000
Previous Owner Burns Robert $136,500
Previous Owner Burns Robert $125,000
Previous Owner Burns Robert $95,000
Closed Saavedra Carlos R $47,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2015 05/20/15 Sold $460,000 +27.8% $354 / Sq Ft
08/26/2014 08/26/14 Pending -- -- --
08/24/2014 08/24/14 For Sale $360,000 -- $277 / 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 $14,376 $1,093,641 $678,059 $415,582
2023 $14,376 $1,051,176 $651,730 $399,446
2022 $13,370 $1,030,565 $638,951 $391,614
2021 $13,108 $1,010,359 $626,423 $383,936
2020 $12,934 $1,000,000 $620,000 $380,000
2019 $12,340 $923,655 $786,754 $136,901
2018 $8,170 $554,538 $422,506 $132,032
2017 $7,906 $543,666 $414,222 $129,444
2016 $7,908 $533,006 $406,100 $126,906
2015 $7,533 $500,000 $260,000 $240,000
2014 $5,829 $350,000 $270,000 $80,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    Jack Sharma

    E-z Homes Real Estate, Inc.

  • J

    Buyer's Agent in 2015

    Jagdish Sharma

    E-Z Homes Real Estate, Inc

See All Agents

Map

Source: MLSListings

MLS Number: ML81431182

MLSListings

APN: 063-201-270

California San Mateo County East Palo Alto 94303

578 Sacramento St, East Palo Alto, CA

This home is located at 578 Sacramento St, East Palo Alto, CA 94303 since 24 August 2014 and is currently estimated at $1,084,916, approximately $834 per square foot. 578 Sacramento St is a home located in San Mateo County with nearby schools including Costano Elementary School, Menlo-Atherton High School, and Aspire East Palo Alto Charter School.

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