NOT LISTED FOR SALE

Estimated Value: $1,881,000 - $2,628,000

2 Beds
1 Bath
770 Sq Ft
$2,913/Sq Ft Est. Value

About This Home

This home is located at 712 Ellsworth Place, Palo Alto, CA 94306 and is currently estimated at $2,243,147, approximately $2,913 per square foot. 712 Ellsworth Place is a home located in Santa Clara County with nearby schools including El Carmelo Elementary School, Jane Lathrop Stanford Middle School, and Palo Alto High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2022
Sold by
Bhanu Iyer
Bought by
Bhanu Iyer Trust
Current Estimated Value
$2,243,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$647,000
Outstanding Balance
$605,339
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$1,637,808

Purchase Details

Closed on
Jan 27, 2021
Sold by
Lyer Bhanu
Bought by
Lyer Bhanu and Bhanu Lyer Revocable Living Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$503,000
Interest Rate
2.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 4, 2020
Sold by
Iyer Bhanu
Bought by
Iyer Bhanu and Bhanu Iyer Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2013
Sold by
Iyer Bhanu
Bought by
Iyer Bhanu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,000
Interest Rate
3.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2012
Sold by
Iyengar Nirmal
Bought by
Iyer Bhanu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 2010
Sold by
Iyer Bhanu and Iyengar Bhanu
Bought by
Iyer Bhanu

Purchase Details

Closed on
Mar 31, 2009
Sold by
Iyengar Nirmal
Bought by
Iyengar Bhanu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
5.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 11, 2003
Sold by
Iyengar Nirmal and Iyengar Bhanu
Bought by
Iyengar Nirmal and Iyengar Bhanu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 5, 2002
Sold by
Iyengar Nirmal and Iyengar Bhanu
Bought by
Iyengar Nirmal and Iyengar Bhanu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
6%

Purchase Details

Closed on
Jul 22, 1998
Sold by
Watkins Gerard G
Bought by
Iyengar Bhanu and Iyengar Nirmal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,400
Interest Rate
6.12%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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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
Bhanu Iyer Trust -- Fidelity National Title
Lyer Bhanu -- Fidelity National Title Co
Iyer Bhanu -- Fidelity National Title Co
Iyer Bhanu -- Fidelity National Title Co
Iyer Bhanu -- Fidelity National Title Co
Iyer Bhanu -- None Available
Iyer Bhanu -- First American Title Company
Iyer Bhanu -- Old Republic Title Company
Iyengar Bhanu -- Old Republic Title Company
Iyengar Nirmal -- First American Title Company
Iyengar Nirmal -- Alliance Title Company
Iyengar Bhanu $378,000 First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bhanu Iyer Trust $647,000
Previous Owner Iyer Bhanu $503,000
Previous Owner Iyer Bhanu $510,000
Previous Owner Iyer Bhanu $387,000
Previous Owner Iyer Bhanu $405,000
Previous Owner Iyer Bhanu $417,000
Previous Owner Iyengar Bhanu $410,000
Previous Owner Iyengar Nirmal $200,000
Previous Owner Iyengar Nirmal $359,600
Previous Owner Iyengar Nirmal $100,000
Previous Owner Iyengar Nirmal $322,700
Previous Owner Iyengar Nirmal $325,000
Previous Owner Iyengar Nirmal $50,000
Previous Owner Iyengar Nirmal $325,000
Previous Owner Iyengar Bhanu $302,400
Closed Iyengar Bhanu $37,800
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
2024 $7,899 $592,886 $422,658 $170,228
2023 $7,778 $581,262 $414,371 $166,891
2022 $7,679 $569,866 $406,247 $163,619
2021 $7,525 $558,693 $398,282 $160,411
2020 $7,465 $552,966 $394,199 $158,767
2019 $7,379 $542,124 $386,470 $155,654
2018 $7,193 $531,495 $378,893 $152,602
2017 $7,065 $521,074 $371,464 $149,610
2016 $6,794 $510,858 $364,181 $146,677
2015 $6,721 $503,185 $358,711 $144,474
2014 $6,506 $493,329 $351,685 $141,644
Source: Public Records

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