NOT LISTED FOR SALE

740 Schembri Ln East Palo Alto, CA 94303

5 Beds
3 Baths
2,500 Sq Ft
10,454 Sq Ft Lot

Last Sold June 17, 2016

Last sale price $1,410,000 $564 Per Sq Ft

100 Days on Market

Highlights

  • Stone Countertops
  • Forced Air Heating System
  • 1-Story Property
  • Menlo-Atherton High School Rated A
  • Level Lot

About This Home

As of June 2016

2 Dwellings permitted. 3 bedrooms and 2 baths in front unit, 2 bed. 1 bath in back unit. Extra large .24 acre lot, beautifully remodeled. New kitchens with beautiful quartz counters and tile backsplash, quality cabinetry, new baths, electrical, plumbing, floors are hardwood, tile, carpet. Large rooms. Separate meters for electric, gas, and water. Perfect for investment or owner occupancy with a rental to help pay for property or multi-generational living. Perfect for extended family. Fantastic location on the Peninsula in a transitional neighborhood. New commercial construction at Hwy 101 and University, shopping center with IKEA, Home Depot, Nordstrom Rack, Sports Authority, Starbucks & more. Mid peninsula location near Stanford University, Facebook , Google and downtown Palo Alto with outstanding restaurants on University Ave. area and fabulous shopping at Stanford Shopping Center and Town and Country. The owner did all work with permits. Beautiful mature Camellia trees.

Last Agent to Sell the Property

Shawnna Sullivan

Coldwell Banker Realty License #00856563 Listed on: 02/05/2016

Coldwell Banker Realty

Last Buyer's Agent

Mimi Du

Realty World-SVI Group License #01304977

Realty World-SVI Group

Property Details

Home Type

  • Multi-Family

Year Built

  • 1957

Lot Details

  • 10,454 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Garage
  • Uncovered Parking

Home Design

  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,500 Sq Ft Home
  • 1-Story Property

Kitchen

  • Electric Oven
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Stone Countertops
  • Disposal

Utilities

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

Community Details

  • 2,500 Sq Ft Building

Property Details

Home Type

Multi-Family

Year Built

1957

Lot Details

0

Parking

2

Listing Details

  • Zoning: R10025
  • Subclass: Duplex
  • Style: Ranch
  • Age: 59
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2500
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1957

Interior Features

  • Kitchen: Appliances - Vary By Unit, Cooktop - Electric, Cooktop - Gas, Countertop - Stone, Dishwasher, Garbage Disposal, Hood Over Range, Oven - Electric, Oven Range - Built-In, Gas
  • Living Sq Ft: 2500
  • Stories: 1

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 3
  • Garage Parking Features: Uncovered Parking

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Sequoia Union High

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.2400
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10454.40
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 10454.40

Rental Info

  • Existing Lease Term(s): Building Vacant

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 2

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

Property History

Date Event Price Change Sq Ft Price
06/17/2016 06/17/16 Sold $1,410,000 +0.8% $564 / Sq Ft
05/16/2016 05/16/16 Pending -- -- --
05/09/2016 05/09/16 For Sale $1,399,000 -0.8% $560 / Sq Ft
05/06/2016 05/06/16 Off Market $1,410,000 -- --
04/27/2016 04/27/16 Price Changed $1,399,000 -6.0% $560 / Sq Ft
02/05/2016 02/05/16 For Sale $1,487,888 -- $595 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81549494

MLSListings