NOT LISTED FOR SALE

903 Oakes St East Palo Alto, CA 94303

Estimated Value: $1,430,000 - $1,573,000

4 Beds
2.5 Baths
1,890 Sq Ft
$798/Sq Ft Est. Value

Last Sold July 11, 2024

Last sale price $1,450,000 $767 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $9,069/month

8 Days on Market

Highlights

  • Primary Bedroom Suite
  • Contemporary Architecture
  • Soaking Tub in Primary Bathroom
  • Menlo-Atherton High School Rated A
  • Vaulted Ceiling
  • Granite Countertops

About This Home

As of July 2024

Dramatic two-story ceilings soar above the living room to create loft in this contemporary architecture University Square home. Abundant light naturally illuminates the living areas. Gourmet, granite tile kitchen with center island, generous cabinets, pantry, and new stainless steel range and dishwasher. Stainless steel vent hood and refrigerator. Open kitchen and family room concept with large windows inviting in light. New Mohawk "Moreno Bluffs Fresh Spring Pecan" laminate floors and baseboards downstairs and new carpet upstairs. New paint inside and outside. Spacious primary bedroom suite with high coffered ceiling, dual vanities and sinks, large soaking tub, stall shower, and large walk-in closet. Less than 10 minutes to Palo Alto. ~3 miles to Facebook and ~4 miles to Google. Walk a block to University Square Park at the heart of University Square. Walk to Ravenswood Shopping Center with Target. Only ~2 miles to recreation at the sprawling Baylands Nature Preserve and Ravenswood Open Space Preserve. Near Silicon Valley employers via highways 101 and 85. For minorities, possible transfer to Las Lomitas, Menlo Park City, Palo Alto Unified, Portola Valley, San Carlos, and Woodside school districts with Tinsley Transfer Program. Move in ready to welcome its new owners.

Last Agent to Sell the Property

Catherine Gortner

Catherine Gortner Properties License #01370537 Listed on: 05/27/2024

Last Buyer's Agent

Flora Tu

Goodview Financial & Real Estate License #02219188

Goodview Financial & Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,926

Year Built

  • Built in 2000

Lot Details

  • 3,149 Sq Ft Lot
  • South Facing Home
  • Back Yard Fenced

HOA Fees

  • $14 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,890 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Double Pane Windows
  • Combination Dining and Living Room
  • Laundry on upper level

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Gas Oven
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bathroom on Main Level
  • Dual Sinks
  • Soaking Tub in Primary Bathroom
  • Bathtub with Shower
  • Oversized Bathtub in Primary Bathroom
  • Walk-in Shower

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Association fees include fencing, insurance - common area
  • University Square Association

Listing and Financial Details

  • Assessor Parcel Number 063-674-120

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,926

Year Built

Built in 2000

Lot Details

0

HOA Fees

$14 per month

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Contemporary
  • Age: 24
  • Listing Class: Residential
  • Structure Sq Ft: 1890
  • Year Built: 2000
  • Zoning Description: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: Dining Area in Living Room, Eat in Kitchen
  • Kitchen: Countertop - Granite, Dishwasher, Garbage Disposal, Oven Range - Gas, Pantry, Refrigerator
  • Living Sq Ft: 1890
  • Stories: 2
  • Bedrooms: Primary Suite / Retreat, Walk-in Closet
  • Laundry: Inside, Upper Floor
  • Flooring: Laminate, Vinyl / Linoleum
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Half on Ground Floor, Primary - Oversized Tub, Primary - Stall Shower(s), Shower over Tub - 1, Tub in Primary Bedroom

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • Yard/Grounds: Back Yard, Fenced
  • Fencing: Fenced Back
  • Property Faces: South

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Gate / Door Opener

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer Connected

Condo/Co-op/Association

  • HOA Fees: 172
  • HOA Fee Frequency: Annually
  • Association Fees Include: Fencing, Insurance - Common Area
  • H O A Name Text: University Square
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Vaulted Ceiling, Walk-in Closet

Schools

  • School District: Sequoia Union High

Lot Info

  • Parcel Number: 063-674-120
  • Lot Acres: 0.0723
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3150.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3150.00

Green Features

  • Energy Features: Double Pane Windows

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
May 27, 2024
Closed on
Jun 14, 2024
Sold by
Gutierrez Sergio and Alim Hesham S
Bought by
Li Yanke and Qu Tianshuang
Seller's Agent
Catherine Gortner
Catherine Gortner Properties
Buyer's Agent
Flora Tu
Goodview Financial & Real Estate
List Price
$1,398,000
Sold Price
$1,450,000
Premium/Discount to List
$52,000
3.72%
Views
24
Current Estimated Value
$1,487,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,330
Avg. Annual Appreciation
3.10%
Original Mortgage
$890,000
Outstanding Balance
$880,234
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$618,334

Purchase Details

Closed on
Jul 15, 2020
Sold by
Alim Hesham S and Salazar Cesar A
Bought by
Alim Hesham S and Salazar Cesar A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2008
Sold by
Haile Mariam Atikem and Demissie Pupi
Bought by
Alim Hesham S and Salazar Cesar A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,000
Interest Rate
5.87%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 23, 2002
Sold by
Haile Mariam Atikem
Bought by
Haile Mariam Atikem and Demissie Pupi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$433,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 29, 2000
Sold by
Ravenswood Village Llc
Bought by
Haile Mariam Atikem

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$434,100
Interest Rate
7.12%
Source: Public Records

Range of Values:

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Average Value
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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

Purchase History

Date Buyer Sale Price Title Company
Li Yanke $1,450,000 Chicago Title
Alim Hesham S -- Priority Title Company
Alim Hesham S $635,000 Chicago Title Co
Haile Mariam Atikem -- American Title Co
Haile Mariam Atikem $543,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Yanke $890,000
Previous Owner Alim Hesham S $340,000
Previous Owner Alim Hesham S $339,000
Previous Owner Alim Hesham S $410,000
Previous Owner Alim Hesham S $91,000
Previous Owner Alim Hesham S $417,000
Previous Owner Haile Mariam Atikem $150,000
Previous Owner Haile Mariam Atikem $425,200
Previous Owner Haile Mariam Atikem $433,000
Previous Owner Haile Mariam Atikem $434,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2024 07/11/24 Sold $1,450,000 +3.7% $767 / Sq Ft
06/05/2024 06/05/24 Pending -- -- --
05/27/2024 05/27/24 For Sale $1,398,000 -- $740 / 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 $10,926 $1,450,000 $1,000,000 $450,000
2023 $10,926 $814,306 $407,153 $407,153
2022 $10,154 $798,340 $399,170 $399,170
2021 $9,943 $782,688 $391,344 $391,344
2020 $9,798 $774,664 $387,332 $387,332
2019 $9,825 $759,476 $379,738 $379,738
2018 $9,634 $744,586 $372,293 $372,293
2017 $9,292 $729,988 $364,994 $364,994
2016 $9,212 $715,676 $357,838 $357,838
2015 $9,077 $704,926 $352,463 $352,463
2014 $7,901 $601,000 $300,500 $300,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81967262

MLSListings

APN: 063-674-120