NOT LISTED FOR SALE

770 Schembri Ln East Palo Alto, CA 94303

Estimated Value: $1,178,832 - $1,263,000

4 Beds
2 Baths
1,340 Sq Ft
$900/Sq Ft Est. Value

Last Sold January 12, 2017

Last sale price $770,000 $575 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $7,479/month

69 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Attached Garage
  • Forced Air Heating System
  • Menlo-Atherton High School Rated A
  • Bathtub with Shower
  • Combination Dining and Living Room

About This Home

As of January 2017

Central Silicon Valley location. This 4 bdrm, 2 full bath ranch house is close Facebook HQ, Google, Oracle, HWY 101, Dumbarton bridge.Great for 1st time buyers or investors. Ample opportunity to remodel to ones liking. Kitchen, dining, living room in one area with fireplace. Bedrooms have beautiful hardwood floors. Living and dining room will be carpeted.

Last Agent to Sell the Property

Tony Hay

Century 21 MM License #01021741 Listed on: 09/27/2016

Century 21 MM

Last Buyer's Agent

Cathy Huang

Maxreal License #01349777

Maxreal

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,514

Year Built

  • Built in 1963

Lot Details

  • 4,922 Sq Ft Lot
  • Level Lot
  • Zoning described as R10025

Parking

  • 2 Car Attached Garage

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,340 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Combination Dining and Living Room
  • Washer and Dryer Hookup

Kitchen

  • Built-In Oven
  • Formica Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Bathtub Includes Tile Surround

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 063-362-350

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,514

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Age: 53
  • Listing Class: Residential
  • Structure Sq Ft: 1340
  • Year Built: 1963
  • Zoning Description: R10025
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining Area in Living Room
  • Kitchen: Countertop - Formica, Oven - Built-In
  • Living Sq Ft: 1340
  • Stories: 1
  • Laundry: Hookup - Washer/Dryer
  • Flooring: Carpet, Hardwood
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Bathroom: Shower and Tub, Tile, Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Shingle
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage

Utilities

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

Schools

  • School District: Sequoia Union High

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 063-362-350
  • Lot Acres: 0.1130
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4939.70
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4939.70

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Sequoia Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2016
Closed on
Jan 5, 2017
Sold by
Knox Nona M
Bought by
Ma Tony Kam Ming and Fu Jennifer Jie
Seller's Agent
Tony Hay
Century 21 MM
Buyer's Agent
Cathy Huang
Maxreal
List Price
$850,000
Sold Price
$770,000
Premium/Discount to List
-$80,000
-9.41%
Current Estimated Value
$1,205,708

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$435,708
Avg. Annual Appreciation
5.47%
Original Mortgage
$520,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2006
Sold by
Knox Nona M
Bought by
Knox Nona M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
7.21%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 28, 2005
Sold by
Knox Nona M
Bought by
Knox Nona M and Revocable Inter Vivos Trust Of Albert Kn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
5.58%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 21, 2004
Sold by
Knox Albert and Knox Nona M
Bought by
Knox Albert and Knox Nona M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,000
Interest Rate
5.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 2002
Sold by
Knox Alber and Knox Nona M
Bought by
Knox Albert and Knox Nona M

Purchase Details

Closed on
May 20, 2002
Sold by
Knox Albert and Knox Nona M
Bought by
Knox Albert and Knox Nona M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.89%

Purchase Details

Closed on
Nov 14, 2001
Sold by
Knox Albert and Knox Nona M
Bought by
Knox Albert and Knox Nona M
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
Ma Tony Kam Ming $770,000 Orange Coast Title Of Norcal
Knox Nona M -- Chicago Title Co
Knox Nona M -- Financial Title Company
Knox Nona M -- Financial Title Company
Knox Albert -- Financial Title Company
Knox Albert -- Financial Title Company
Knox Albert -- Title Court Service
Knox Albert -- Commonwealth Land Title Ins
Knox Albert -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ma Tony Kam Ming $492,800
Closed Ma Tony Kam Ming $496,500
Closed Ming Tony Kam $500,000
Closed Ma Tony Kam Ming $515,000
Closed Ma Tony Kam Ming $520,000
Previous Owner Knox Nona M $540,000
Previous Owner Knox Nona M $40,000
Previous Owner Knox Nona M $400,000
Previous Owner Knox Albert $364,000
Previous Owner Knox Albert $350,000
Previous Owner Knox Albert $92,200
Previous Owner Knox Albert $182,000
Closed Knox Albert $36,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2017 01/12/17 Sold $770,000 -9.4% $575 / Sq Ft
12/06/2016 12/06/16 Pending -- -- --
09/27/2016 09/27/16 For Sale $850,000 -- $634 / 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 $11,514 $893,646 $719,561 $174,085
2023 $11,514 $858,946 $691,620 $167,326
2022 $10,708 $842,105 $678,059 $164,046
2021 $10,487 $825,594 $664,764 $160,830
2020 $10,336 $817,129 $657,948 $159,181
2019 $10,367 $801,108 $645,048 $156,060
2018 $10,168 $785,400 $632,400 $153,000
2017 $1,938 $53,147 $9,453 $43,694
2016 $1,977 $52,106 $9,268 $42,838
2015 $1,967 $51,324 $9,129 $42,195
2014 $1,930 $50,320 $8,951 $41,369
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81626204

MLSListings

APN: 063-362-350