586 Loma Verde Ave Palo Alto, CA 94306
South of Midtown NeighborhoodEstimated Value: $3,586,000 - $5,795,000
5
Beds
4
Baths
3,930
Sq Ft
$1,284/Sq Ft
Est. Value
About This Home
This home is located at 586 Loma Verde Ave, Palo Alto, CA 94306 and is currently estimated at $5,045,521, approximately $1,283 per square foot. 586 Loma Verde Ave is a home located in Santa Clara County with nearby schools including El Carmelo Elementary School, Jane Lathrop Stanford Middle School, and Henry M. Gunn High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 11, 2012
Sold by
Rau Santosh R and Rau Sadhana Santosh
Bought by
Rau Santosh R and Rau Sadhana Santosh
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$389,000
Interest Rate
3.63%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 7, 2011
Sold by
Rau Santosh R and Rau Sadhana Santosh
Bought by
Rau Santosh R and Rau Sadhana Santosh
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.37%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 17, 2010
Sold by
Rau Santosh R and Rau Sadhana Santosh
Bought by
Rau Santosh R and Rau Sadhana Santosh
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.03%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 5, 2009
Sold by
Rau Santosh R and Rau Sadhana S
Bought by
Rau Santosh R and Rau Sadhana Santosh
Purchase Details
Closed on
Aug 10, 2000
Sold by
Lundy Ruthe A Trustee and Lundy Thomas
Bought by
Rau Santosh R and Rau Sadhana S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
7.87%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Rau Santosh R | -- | Old Republic Title Company | |
Rau Santosh R | -- | Old Republic Title Company | |
Rau Santosh R | -- | Old Republic Title Company | |
Rau Santosh R | -- | Old Republic Title Company | |
Rau Santosh R | -- | Old Republic Title Company | |
Rau Santosh R | -- | Old Republic Title Company | |
Rau Santosh R | -- | None Available | |
Rau Santosh R | $1,198,000 | First American Title Guarant |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Rau Santosh R | $250,000 | |
Closed | Rau Santosh R | $389,000 | |
Closed | Rau Santosh R | $398,000 | |
Closed | Rau Santosh R | $400,000 | |
Closed | Rau Santosh R | $416,000 | |
Closed | Rau Santosh R | $417,000 | |
Closed | Rau Santosh R | $577,000 | |
Closed | Rau Santosh R | $585,000 | |
Closed | Rau Santosh R | $400,000 | |
Closed | Rau Santosh R | $631,000 | |
Closed | Rau Santosh R | $633,750 | |
Closed | Rau Santosh R | $641,000 | |
Closed | Rau Santosh R | $646,000 | |
Closed | Rau Santosh R | $650,000 | |
Closed | Rau Santosh R | $650,000 |
Source: Public Records
Tax History Compared to Growth
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 | $31,938 | $2,692,683 | $1,469,172 | $1,223,511 |
2024 | $31,938 | $2,639,886 | $1,440,365 | $1,199,521 |
2023 | $31,467 | $2,588,124 | $1,412,123 | $1,176,001 |
2022 | $31,102 | $2,537,378 | $1,384,435 | $1,152,943 |
2021 | $30,488 | $2,487,627 | $1,357,290 | $1,130,337 |
2020 | $29,857 | $2,462,120 | $1,343,373 | $1,118,747 |
2019 | $29,527 | $2,413,844 | $1,317,033 | $1,096,811 |
2018 | $28,714 | $2,366,514 | $1,291,209 | $1,075,305 |
2017 | $28,209 | $2,320,113 | $1,265,892 | $1,054,221 |
2016 | $27,470 | $2,274,621 | $1,241,071 | $1,033,550 |
2015 | $27,202 | $2,240,455 | $1,222,429 | $1,018,026 |
2014 | $26,657 | $2,196,569 | $1,198,484 | $998,085 |
Source: Public Records
Map
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