NOT LISTED FOR SALE

855 Runnymede St East Palo Alto, CA 94303

Estimated Value: $1,224,000 - $1,491,000

0.4 Acre
$3,457,000 Price per Acre
17,424 Sq Ft Lot

Last Sold October 05, 2021

Last sale price $1,495,000 $93 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $8,812/month

17 Days on Market

About This Lot

As of October 2021

Developer or contractor’s dream! Current home is not for rehab and is a recommended tear down! The lot could potentially be subdivided to build up to 3 new homes and ADU, or condominiums, on this large parcel! City planner states the potential of homes and ADU can be built on 5,000 SQ. FT. lots. This property has water, sewer, & utilities in place. Current property owner owns the next door property as well. Located several blocks off University Ave, near IKEA, Stanford, Facebook & other tech companies. Boundary Survey, Topography, & additional information are located on Disclosures I/O. * Please check with East Palo Alto Planning Department for development considerations.

Last Agent to Sell the Property

Dave Adams

Coldwell Banker Realty License #01740758 Listed on: 08/17/2021

Coldwell Banker Realty

Last Buyer's Agent

Dave Adams

Coldwell Banker Realty License #01740758 Listed on: 08/17/2021

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $16,028

Lot Details

  • 0.4 Acre Lot
  • Property is zoned R-LD

Utilities

  • Electricity To Lot Line

Community Details

  • No Home Owners Association
  • Bay East Association

Listing and Financial Details

  • Assessor Parcel Number 063253600

Property Details

Property Type

Land

Est. Annual Taxes

$16,028

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 0.4
  • Directions: University to Runnymede
  • ResoPropertyType: Land
  • Special Features: None

Exterior Features

  • Lot Features: Level

Utilities

  • Utilities: Water/Sewer Meter on Site, Electricity Connected, Natural Gas Connected, Sewer On Site, Water Connected
  • Electric: No Solar
  • Electricity On Property: Yes

Condo/Co-op/Association

  • Association Name: BAY EAST
  • Association: No

Lot Info

  • Zoning: R-LD
  • Lot Size Sq Ft: 16064
  • Parcel Number: 063253600
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2021
Closed on
Sep 30, 2021
Sold by
Pulido Julia
Bought by
Pulido Carlos
Seller's Agent
Dave Adams
Coldwell Banker Realty
Buyer's Agent
Dave Adams
Coldwell Banker Realty
List Price
$1,495,000
Sold Price
$1,495,000
Current Estimated Value
$1,382,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$112,200
Avg. Annual Appreciation
-1.97%

Purchase Details

Listed on
Aug 17, 2021
Closed on
Sep 27, 2021
Sold by
Faith Msny Baptist Chr Of Christ Inc
Bought by
Sonawala Kalpak and Pulido Carlos
Seller's Agent
Dave Adams
Coldwell Banker Realty
Buyer's Agent
Dave Adams
Coldwell Banker Realty
List Price
$1,495,000
Sold Price
$1,495,000
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
Pulido Carlos -- Old Republic Title Co
Sonawala Kalpak -- Old Republic Title Co
Sonawala Kalpak $1,495,000 Old Republic Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sonawala Kalpak $937,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $1,495,000 -- --
10/05/2021 10/05/21 Sold $1,495,000 0.0% $93 / Sq Ft
09/03/2021 09/03/21 Pending -- -- --
08/17/2021 08/17/21 For Sale $1,495,000 -- $93 / Sq Ft
Source: Bay East Association of REALTORS®

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 $16,028 $1,586,505 $1,533,445 $53,060
2023 $16,028 $1,100,000 $1,063,000 $37,000
2022 $17,611 $1,495,000 $1,445,000 $50,000
2021 $2,705 $131,472 $122,294 $9,178
2020 $2,649 $130,125 $121,041 $9,084
2019 $2,655 $127,574 $118,668 $8,906
2018 $2,589 $125,074 $116,342 $8,732
2017 $2,500 $122,622 $114,061 $8,561
2016 $2,426 $120,219 $111,825 $8,394
2015 $2,600 $118,414 $110,146 $8,268
2014 $2,790 $116,096 $107,989 $8,107
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay East Association of REALTORS®

MLS Number: 40963483

Bay East Association of REALTORS®

APN: 063-253-600