NOT LISTED FOR SALE

913 Oakes St East Palo Alto, CA 94303

Estimated Value: $1,464,807 - $1,627,000

4 Beds
2.5 Baths
1,890 Sq Ft
$813/Sq Ft Est. Value

Last Sold August 07, 2015

Last sale price $921,000 $487 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $9,435/month

9 Days on Market

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • Den
  • Menlo-Atherton High School Rated A
  • Corian Countertops
  • Open to Family Room

About This Home

As of August 2015

Elegant & Upgraded Minutes to Palo Alto! Light-filled w/ dramatic vaulted living room & high ceilings. Loft can be 4th bed.13yrs young. Gourmet kitchen w/ Corian counters, gas range, island, & stainless steel appliances. Open kitchen-dining-family w/ gas log fireplace, crown molding, silhouette blinds & oak floors. Large master suite. Private backyard w/ flagstone patio. New interior paint. New quality nylon carpet. A/C, alarm, refrig, wash, dry. Possible transfer to excellent schools. Steps to lovely park.

Last Agent to Sell the Property

Catherine Gortner

Catherine Gortner Properties License #01370537 Listed on: 07/07/2015

Last Buyer's Agent

Royce Cablayan

Christie's International Real Estate Sereno License #01062078

Christie's International Real Estate Sereno

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,593

Year Built

  • Built in 2002

Lot Details

  • 3,136 Sq Ft Lot
  • Back Yard Fenced
  • Zoning described as R1

Parking

  • 2 Car Garage
  • Electric Gate

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,890 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Family or Dining Combination
  • Den
  • Alarm System
  • Washer and Dryer

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Gas Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Corian Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Dual Sinks
  • Bathtub with Shower
  • Walk-in Shower

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Property has a Home Owners Association
  • Association fees include insurance - common area, management fee
  • University Square Owners Assoc Association
  • Built by University Square Owners Assoc

Listing and Financial Details

  • Assessor Parcel Number 063-674-170

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,593

Year Built

Built in 2002

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Restrictions: Age - No Restrictions, Pets - Number Restrictions
  • Age: 13
  • Listing Class: Residential
  • Structure Sq Ft: 1890
  • Complex Name: University Square Owners Assoc
  • Incorporated: Yes
  • Year Built: 2002
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Burning, Gas Starter
  • Dining Room: Dining Area in Family Room, Eat in Kitchen, No Formal Dining Room
  • Kitchen: Countertop - Solid Surface / Corian, Dishwasher, Garbage Disposal, Island, Microwave, Oven Range - Gas, Pantry, Refrigerator
  • Living Sq Ft: 1890
  • Stories: 2
  • Security: Security Alarm
  • Laundry: Hookup - Electric, Gas Hookup, Washer / Dryer
  • Flooring: Carpet, Hardwood, Vinyl / Linoleum
  • Additional Rooms: Den / Study / Office
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Shower and Tub, Stall Shower, Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • Fencing: Fenced Back

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Electric Gate

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Vaulted Ceiling

Condo/Co-op/Association

  • HOA Fees: 12
  • Association Fees Include: Insurance - Common Area, Management Fee
  • H O A Name Text: University Square Owners Assoc
  • H O A Exist: Yes

Schools

  • School District: Sequoia Union High

Lot Info

  • Parcel Number: 063-674-170
  • Lot Acres: 0.0720
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3150.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3150.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Sequoia Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2015
Closed on
Jul 30, 2015
Sold by
Ho Eric Chee and Ho Helena Chu
Bought by
Stewart Luke and Stewart Michelle
Seller's Agent
Catherine Gortner
Catherine Gortner Properties
Buyer's Agent
Royce Cablayan
Christie's International Real Estate Sereno
List Price
$850,000
Sold Price
$921,000
Premium/Discount to List
$71,000
8.35%
Current Estimated Value
$1,516,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$595,199
Avg. Annual Appreciation
5.23%
Original Mortgage
$783,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 24, 2005
Sold by
Ching Alton and Ching Mavis
Bought by
Ho Eric Chee and Ho Helena Chu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 5, 2002
Sold by
Ravenswood Village Llc
Bought by
Ching Alton and Chan Mavis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$411,900
Interest Rate
5.37%
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
Stewart Luke $921,000 Chicago Title Company
Ho Eric Chee $725,000 Fidelity National Title
Ching Alton $560,500 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stewart Luke $159,500
Open Stewart Luke $820,000
Closed Stewart Luke $783,000
Previous Owner Ho Eric Chee $400,000
Previous Owner Ho Eric Chee $560,000
Previous Owner Ching Alton $411,000
Previous Owner Ching Alton $411,900
Closed Ho Eric Chee $69,930
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2015 08/07/15 Sold $921,000 +8.4% $487 / Sq Ft
07/16/2015 07/16/15 Pending -- -- --
07/07/2015 07/07/15 For Sale $850,000 -- $450 / 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 $13,593 $1,090,270 $545,135 $545,135
2023 $13,593 $1,047,936 $523,968 $523,968
2022 $12,652 $1,027,390 $513,695 $513,695
2021 $12,391 $1,007,246 $503,623 $503,623
2020 $12,217 $996,918 $498,459 $498,459
2019 $12,253 $977,372 $488,686 $488,686
2018 $12,021 $958,208 $479,104 $479,104
2017 $11,592 $939,420 $469,710 $469,710
2016 $11,475 $921,000 $460,500 $460,500
2015 $10,649 $840,852 $420,426 $420,426
2014 $8,000 $603,000 $301,500 $301,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81483707

MLSListings

APN: 063-674-170