NOT LISTED FOR SALE

885 Schembri Ln East Palo Alto, CA 94303

Estimated Value: $1,115,000 - $1,573,149

2 Beds
1 Bath
1,130 Sq Ft
$1,193/Sq Ft Est. Value

Last Sold December 12, 2017

Last sale price $1,040,000 $920 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $8,620/month

13 Days on Market

Highlights

  • Wood Flooring
  • Den
  • Eat-In Kitchen
  • Menlo-Atherton High School Rated A
  • Skylights
  • Bathtub

About This Home

As of December 2017

Adorable two bedroom home in a great location. Walking distance to the Ravenswood 101 shopping center with the new Target, Home Depot, Norstrom Rack, Ikea, and more. Easy access to 101, the new Amazon offices and Facebook. The home is filled with natural light through the many windows and large skylight in the living room. Gleaming wood floors in bedrooms, living areas, and kitchen. Two spacious bedrooms, one with a walk-in closet. The large bathroom features vinyl flooring, a stall shower, and separate tub. The eat-in kitchen is adorned in cobalt blue tile with beautiful glass backsplash accents, stainless steel appliances, and access to the private backyard. Out back you'll find a large deck, many mature trees providing excellent privacy and separate studio/potting shed. The home includes an attached one-car garage.

Last Agent to Sell the Property

Colleen Cooley

Coldwell Banker Realty License #70000645 Listed on: 10/27/2017

Coldwell Banker Realty

Last Buyer's Agent

Joseph Arsenio

Bay East AOR License #01944608

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,580

Year Built

  • Built in 1951

Lot Details

  • 7,501 Sq Ft Lot
  • Wood Fence
  • Zoning described as R10000

Parking

  • 1 Car Garage
  • Off-Street Parking

Home Design

  • Pillar, Post or Pier Foundation
  • Rolled or Hot Mop Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,130 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Den
  • Alarm System

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Range Hood
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry in Garage
  • Washer and Dryer

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 063-361-520

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,580

Year Built

Built in 1951

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Age: 66
  • Listing Class: Residential
  • Structure Sq Ft: 1130
  • Year Built: 1951
  • Zoning Description: R10000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room, Wood Burning
  • Dining Room: Eat in Kitchen
  • Kitchen: Countertop - Tile, Dishwasher, Garbage Disposal, Hood Over Range, Oven Range, Refrigerator
  • Living Sq Ft: 1130
  • Stories: 1
  • Security: Security Alarm
  • Bedrooms: Walk-in Closet
  • Laundry: In Garage, Washer / Dryer
  • Flooring: Hardwood, Vinyl / Linoleum, Wood
  • Additional Rooms: Office Area
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Stall Shower, Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter, Pillars / Posts / Piers
  • Roof: Composition, Rolled Composition
  • Fencing: Fenced, Wood

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Attached Garage, Off-Street Parking

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Skylight

Schools

  • School District: Sequoia Union High

Lot Info

  • Parcel Number: 063-361-520
  • Lot Acres: 0.1722
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7501.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7501.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Sequoia Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 12, 2017
Sold by
Bennetr Sidney W and Ortiz Tanya
Bought by
Cai Yuannan
Total Days on Market
13
Current Estimated Value
$1,348,287

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$728,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Aug 24, 2015
Closed on
Aug 3, 2015
Sold by
Curtis Sheina J and Curtis Robert
Bought by
Bennett Sidney W and Ortiz Tanya
Seller's Agent
Judy Citron
Compass
Buyer's Agent
Marc Bryman
Compass
List Price
$636,000
Sold Price
$636,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.55%
Original Mortgage
$638,900
Interest Rate
4.05%
Mortgage Type
VA

Purchase Details

Closed on
Oct 24, 2005
Sold by
Slack Sheina and Curtis Robert
Bought by
Curtis Robert and Curtis Sheina J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$454,250
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 15, 2004
Sold by
Williams Donald C
Bought by
Slack Sheina and Curtis Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 13, 1999
Sold by
Anne Dochez
Bought by
Williams Donald C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,700
Interest Rate
4.55%

Purchase Details

Closed on
Jun 5, 1997
Sold by
Unkow Victor and Unkow Kitty Anne
Bought by
Dochez Anne

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
7.98%
Source: Public Records

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Range of Values:

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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
Cai Yuannan $1,040,000 Chicago Title Co
Bennett Sidney W $636,000 Chicago Title Company
Curtis Robert -- Alliance Title
Slack Sheina $500,000 Chicago Title Insurance Comp
Williams Donald C $270,000 Chicago Title Insurance Co
Dochez Anne $175,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cai Yuannan $377,637
Closed Cai Yuannan $150,000
Open Cai Yuannan $690,000
Closed Cai Yuannan $130,000
Previous Owner Cai Yuannan $728,000
Previous Owner Bennett Sidney W $638,900
Previous Owner Curtis Robert $454,250
Previous Owner Slack Sheina $400,000
Previous Owner Williams Donald C $300,700
Previous Owner Williams Donald C $275,000
Previous Owner Williams Donald C $36,500
Previous Owner Williams Donald C $242,700
Previous Owner Dochez Anne $140,000
Closed Slack Sheina $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2017 12/12/17 Sold $1,040,000 +30.2% $920 / Sq Ft
11/10/2017 11/10/17 Pending -- -- --
10/27/2017 10/27/17 For Sale $798,888 +25.6% $707 / Sq Ft
08/24/2015 08/24/15 Sold $636,000 0.0% $563 / Sq Ft
08/24/2015 08/24/15 Pending -- -- --
08/24/2015 08/24/15 For Sale $636,000 -- $563 / 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
2023 $17,580 $1,390,205 $796,173 $594,032
2022 $16,388 $1,362,947 $780,562 $582,385
2021 $15,386 $1,275,000 $730,200 $544,800
2020 $14,036 $1,157,015 $757,411 $399,604
2019 $13,261 $1,060,800 $742,560 $318,240
2018 $13,013 $1,040,000 $728,000 $312,000
2017 $8,477 $648,720 $536,520 $112,200
2016 $8,411 $636,000 $526,000 $110,000
2015 $7,340 $540,000 $270,000 $270,000
2014 $5,441 $370,000 $185,000 $185,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81683016

MLSListings

APN: 063-361-520