1028 Laurel Avenue

1028 Laurel Avenue has been categorized by the local assessors in Palo Alto, CA as a residential type of property. The building on the property was first built in 1952 and is 72 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1028 Laurel Avenue has 1,250 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,290 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 6,450 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 430 sqft. According to our sources, there are a total of 2 available parking spaces. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1028 Laurel Avenue sold most recently in Jul 25, 2014 for a total of $551,000. If you work out the math, that's approximately a cost of $440.80 per sqft. Before that, the property was also sold for $275,000 in Aug 11, 2008. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $8,932 in taxes each year. 1028 Laurel Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $624,018. If we break it down further, the land itself was valued at $312,009. Improvements to the property, however, were assessed at a total of $312,009. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.