NOT LISTED FOR SALE

652 Scofield Ave East Palo Alto, CA 94303

Estimated Value: $1,066,000 - $1,196,802

3 Beds
2 Baths
1,950 Sq Ft
$586/Sq Ft Est. Value

Last Sold August 30, 2024

Last sale price $1,110,000 $569 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $7,116/month

14 Days on Market

Highlights

  • Wood Flooring
  • Secured Garage or Parking
  • Level Lot
  • Menlo-Atherton High School Rated A
  • Forced Air Heating System

About This Home

As of August 2024

Desirable mid peninsula location, West of 101 and South of University Ave. This Duplex features an oversized and updated three bedroom one bathroom unit as well as a studio above the two car garage. Amazing oversized back yard perfect for entertaining or just relaxing. Both units occupied by strong stable tenants.

Last Agent to Sell the Property

Scott Kilpatrick

Compass License #01271912 Listed on: 05/16/2024

Compass

Last Buyer's Agent

Scott Kilpatrick

Compass License #01271912 Listed on: 05/16/2024

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,818

Year Built

  • 1942

Lot Details

  • 5,998 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Garage
  • No Garage
  • Secured Garage or Parking
  • Uncovered Parking

Home Design

  • Duplex
  • Reinforced Concrete Foundation
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,950 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Laminate
  • Vinyl

Utilities

  • Forced Air Heating System
  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $57,252

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gardener Expense $1,200
  • Insurance Expense $3,000
  • Maintenance Expense $1,000
  • Operating Expense $5,200
  • Gross Income $58,152

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,818

Year Built

1942

Lot Details

0

Parking

2

Listing Details

  • Zoning: R300S4
  • Subclass: Duplex
  • Age: 82
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1942

Interior Features

  • Living Sq Ft: 1950
  • Stories: 2
  • Security: Secured Garage / Parking, Varies By Unit
  • Flooring: Hardwood, Laminate, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter, Reinforced Concrete
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 3
  • Garage Parking Features: No Garage, Parking Area, Uncovered Parking

Utilities

  • Heating System: Forced Air, Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Sequoia Union High

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1377
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6000.00

Rental Info

  • Existing Lease Term(s): Lease Agreement - Written, Month To Month
  • Gross Rent Multiplier: 19.17
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Natural Gas
  • Expense Insurance: 3000
  • Expense Landscape: 1200
  • Expense Maintenance: 1000
  • Expenses Total: 5200
  • Income Annual Gross: 58152.00
  • Income Annual Rental: 57252
  • Income Gross Scheduled: 58152
  • Income Includes: Rents
  • Income Other: 900
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Miscellaneous/Other, Services - Sewer, Services - Trash Removal, Utilities - Water, Vacancy Factor
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2024
Closed on
Aug 22, 2024
Sold by
Woodland Park Property Owner Llc
Bought by
Chamanirad Mohsen
Seller's Agent
Scott Kilpatrick
Compass
Buyer's Agent
Scott Kilpatrick
Compass
List Price
$1,115,000
Sold Price
$1,110,000
Premium/Discount to List
-$5,000
-0.45%
Views
26
Current Estimated Value
$1,142,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,701
Avg. Annual Appreciation
2.95%
Original Mortgage
$880,000
Interest Rate
6.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 18, 2016
Sold by
Eqr Woodland Park Limited Partnership
Bought by
Woodland Park Property Owner Llc

Purchase Details

Closed on
Dec 1, 2011
Sold by
Redus Woodland Llc
Bought by
Eqr-Woodland Park Limited Partnership

Purchase Details

Closed on
Mar 2, 2010
Sold by
652 Scofield Llc
Bought by
Redus Woodland Llc

Purchase Details

Closed on
Sep 10, 2007
Sold by
Farias Teresa Moreno
Bought by
652 & 654 Scofield Avenue Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,600
Interest Rate
6.57%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 31, 2006
Sold by
Defarias Teresa Moreno and Farias Jaime
Bought by
Farias Teresa Moreno

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.35%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Sep 8, 2000
Sold by
Moreno Moreno Miguel
Bought by
Defarias Teresa Moreno and Farias Jaime

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
8.75%

Purchase Details

Closed on
Aug 14, 1995
Sold by
Luther Jeffrey B
Bought by
Moreno Miguel Moreno

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.71%
Source: Public Records

Range of Values:

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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
Chamanirad Mohsen $1,100,000 Chicago Title Company
Woodland Park Property Owner Llc $581,000 First American Title Ins Co
Eqr-Woodland Park Limited Partnership $17,216,000 First American Title Company
Redus Woodland Llc $421,182 First American Title Ins Co
652 & 654 Scofield Avenue Llc $805,000 Chicago Title Co
Farias Teresa Moreno $146,000 Old Republic Title Company
Defarias Teresa Moreno -- --
Moreno Miguel M -- Old Republic Title Company
Moreno Miguel Moreno $175,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mohsen Chamanirad $832,500
Closed Chamanirad Mohsen $880,000
Previous Owner 652 Scofield Llc $242,952,461
Previous Owner 652 & 654 Scofield Avenue Llc $79,600
Previous Owner 652 & 654 Scofield Avenue Llc $644,000
Previous Owner Farias Teresa Moreno $30,000
Previous Owner Farias Teresa Moreno $450,000
Previous Owner Farias Jaime $300,000
Previous Owner Moreno Miguel M $225,000
Previous Owner Moreno Miguel Moreno $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2024 08/30/24 Sold $1,110,000 -0.4% $569 / Sq Ft
05/31/2024 05/31/24 Pending -- -- --
05/16/2024 05/16/24 For Sale $1,115,000 -- $572 / 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 $10,818 $1,100,000 $807,000 $293,000
2023 $10,818 $739,582 $369,791 $369,791
2022 $10,038 $725,082 $362,541 $362,541
2021 $9,844 $710,866 $355,433 $355,433
2020 $9,708 $703,578 $351,789 $351,789
2019 $9,733 $689,784 $344,892 $344,892
2018 $9,530 $676,260 $338,130 $338,130
2017 $9,216 $663,000 $331,500 $331,500
2016 $6,127 $371,362 $185,681 $185,681
2015 $6,057 $365,784 $182,892 $182,892
2014 $5,923 $358,620 $179,310 $179,310
Source: Public Records

Agents Affiliated with this Home

  • Scott Kilpatrick

    Seller's Agent in 2024

    Scott Kilpatrick

    Compass

    (650) 868-0738

    10 in this area

    21 Total Sales

    Scott Kilpatrick
    Section Image
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Map

Source: MLSListings

MLS Number: ML81966046

MLSListings

APN: 063-481-110

California San Mateo County East Palo Alto 94303

652 Scofield Ave, East Palo Alto, CA

This home is located at 652 Scofield Ave, East Palo Alto, CA 94303 since 16 May 2024 and is currently estimated at $1,142,701, approximately $586 per square foot. This property was built in 1942. 652 Scofield Ave is a home located in San Mateo County with nearby schools including Menlo-Atherton High School, KIPP Valiant Community Prep, and East Palo Alto Academy.

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