NOT LISTED FOR SALE

Estimated Value: $838,782 - $994,000

2 Beds
1 Bath
720 Sq Ft
$1,289/Sq Ft Est. Value

Last Sold July 15, 2016

Last sale price $433,400 $602 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $5,865/month

43 Days on Market

Highlights

  • RV Access or Parking
  • Contemporary Architecture
  • Bathtub with Shower
  • Menlo-Atherton High School Rated A
  • No HOA
  • Tile Flooring

About This Home

As of July 2016

This wonderful East Palo Alto starter home is great for the investor or first time home buyer.Property has been rented for the past five years to same tenant who would love to remain in property. Centrally located is an understatement- less than 10 minutes to: Facebook HQ, Stanford University, Googleplex, Ikea, Shoreline Amphitheater, SLAC National Accelerator Laboratory, VA Palo Alto, SF 49er's Academy,etc.

Last Agent to Sell the Property

Felicia Anaro

PropertySourced License #01947848 Listed on: 02/05/2016

Last Buyer's Agent

Clare Feng

Real Estate Source, Inc. License #01509635

Real Estate Source, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,228

Year Built

  • Built in 1954

Lot Details

  • 3,400 Sq Ft Lot
  • Back Yard Fenced and Front Yard
  • Zoning described as R10006

Parking

  • 1 Car Garage
  • RV Access or Parking

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Frame Construction
  • Tar and Gravel Roof
  • Stucco

Interior Spaces

  • 720 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • 220 Volts In Laundry

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Location

  • Lower Level

Utilities

  • Central Air
  • Wall Furnace

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 063-154-060

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,228

Year Built

Built in 1954

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: No
  • Stories: 1
  • Year Built: 1954
  • Architectural Style: Contemporary
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Tile
  • Total Bathrooms: 1
  • Bathroom Features: Tub w/Shower Over
  • Dining Room Features: Space in Kitchen
  • Room Type: Baths Other
  • Price Per Square Foot: 601.94
  • Square Footage: 720.00

Exterior Features

  • Construction Materials: Frame, Stucco
  • Disclosures/Documents: CC&Rs
  • Fencing: Back Yard, Front Yard
  • Foundation: Slab
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 485000.00
  • Lot Features: Shape Regular, Street Lights
  • Pool: No
  • Road Surface Type: Unimproved
  • Roof: Tar/Gravel
  • Spa: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking Features: Detached, RV Possible

Utilities

  • Security: Carbon Mon Detector, Smoke Detector
  • Sewer: In & Connected
  • Utilities: Public
  • Cooling: Central
  • Electric: 220 Volts in Laundry
  • Heating: Wall Furnace
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Location of Unit: Lower Level

Schools

  • Senior High School District: Other

Lot Info

  • Zoning Description: R10006
  • Irrigation: Public District
  • Lot Size Acres: 0.0781
  • Lot Size Sq Ft: 3400.00

Rental Info

  • Current Rent: 1723

Tax Info

  • Assessor Parcel Number: 063-154-060
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): San Mateo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2016
Closed on
Jul 5, 2016
Sold by
Anderson Tikisa M
Bought by
Feng Bin
Seller's Agent
Felicia Anaro
PropertySourced
Buyer's Agent
Clare Feng
Real Estate Source, Inc.
List Price
$485,000
Sold Price
$433,400
Premium/Discount to List
-$51,600
-10.64%
Current Estimated Value
$952,949

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$519,549
Avg. Annual Appreciation
8.57%
Original Mortgage
$346,720
Outstanding Balance
$278,975
Interest Rate
3.66%
Mortgage Type
New Conventional
Estimated Equity
$634,069
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
Feng Bin $433,500 North American Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Feng Bin $346,720
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2016 07/15/16 Sold $433,400 -10.6% $602 / Sq Ft
03/17/2016 03/17/16 Pending -- -- --
02/03/2016 02/03/16 For Sale $485,000 -- $674 / Sq Ft
Source: MetroList

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 $7,228 $503,107 $445,081 $58,026
2024 $7,228 $493,243 $436,354 $56,889
2023 $7,228 $483,573 $427,799 $55,774
2022 $6,694 $474,092 $419,411 $54,681
2021 $6,554 $464,797 $411,188 $53,609
2020 $6,450 $460,032 $406,972 $53,060
2019 $6,465 $451,013 $398,993 $52,020
2018 $6,333 $442,170 $391,170 $51,000
2017 $6,114 $433,500 $383,500 $50,000
2016 $2,473 $97,103 $49,864 $47,239
2015 $2,454 $95,645 $49,115 $46,530
2014 $2,407 $93,772 $48,153 $45,619
Source: Public Records

Agents Affiliated with this Home

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Source: MetroList

MLS Number: 16006728

MetroList

APN: 063-154-060