1508 Bay Rd

East Palo Alto, CA 94303

$1,040,000
Last Sold Price
3
Beds
1,230 Sq. Ft.
$846 / Sq. Ft.
1,230
Sq. Ft.
$846
per Sq. Ft.

Description

This secluded property is a rare find, sitting on a large, expansive lot with higher-density multifamily zoning, offering limitless potential for development. The lot is ideal for developers or investors looking to capitalize on the opportunity to build multiple units, whether multi-family residences or townhomes. The existing home features a spacious living area with hardwood floors and large windows that flood the space with natural light. The kitchen, equipped with a gas stove, leads to flexible...This secluded property is a rare find, sitting on a large, expansive lot with higher-density multifamily zoning, offering limitless potential for development. The lot is ideal for developers or investors looking to capitalize on the opportunity to build multiple units, whether multi-family residences or townhomes. The existing home features a spacious living area with hardwood floors and large windows that flood the space with natural light. The kitchen, equipped with a gas stove, leads to flexible adjacent rooms, offering a solid foundation for renovation or redevelopment. The patio doors open to a vast, fenced backyard shaded by mature trees, perfect for landscaping or outdoor gatherings. While the home needs some work, the development possibilities are endless. With easy access to Hwy 101, restaurants, shopping, and major tech companies, this property is strategically positioned for future growth and development. Dont miss the chance to explore the endless opportunities this unique lot presents. Visit and envision the future of this remarkable space.
  1. Listed by Graeham Watts • DRE #01466876 • Brokerage DRE #01354442 • Intero Real Estate Services • 650-308-4727

Property Details for 1508 Bay Road

MLS City Name
EAST PALO ALTO
Building Type
Detached
Garage Spaces
0
Cross Street
University Avenu
LISTING UPDATED: 10/16/2024 03:25 PM

Property Details for 1508 Bay Road

StatusSold
MLS #ML81977462
Days on Compass41
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeSingle-Family Homes / Detached
Year Built1930
Lot Size0.24 AC / 10,500 SF
CountySan Mateo County

Location

Listing Courtesy of Intero Real Estate Services, Graeham Watts, DRE #01466876

Sold By Infinite Real Estate, Lizzeth Flores, DRE #02219947

Add your commute

Building Information for 1508 Bay Road

Stories1Year Built1930Building Size-Lot Size0.24 AC / 10,500 SF

Payment Calculator

$6,376 per month

30 year fixed, 6.845% Interest

Principal and Interest

$5,449

Property Taxes

$927

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1508 Bay Road

Features
Room Information
  • Dining Room: No Formal Dining Room
  • Family Room: No Family Room
  • Number of Full Bathrooms: 1
  • Number of Half Bathrooms: 1
Features
  • Fireplace: Yes
  • Fireplaces: Wood Burning
  • Fireplaces Min: 1
  • Living SqFt: 1230
  • Pool: No
Utilities
  • Cooling: Window / Wall Unit
  • Heating: Wall Furnace
  • Sewer Septic: Sewer - Public
  • Utilities: Public Utilities
  • Water: Public
Garage
  • Garage and Parking: No Garage
  • Garage Max: 0
  • Garage Min: 0
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: East of U.S. 101 East Palo Alto
  • Roof: Flat / Low Pitch
  • Stories: One Story
  • Subclass: Single Family Home
  • Year Built Source: Assessor
  • Street Number: 1508
  • Street Name: Bay
  • Street Suffix: Road
  • Area ID: 322
Lot / Property Details
Building Information
  • Number Of Stories: 1
  • Structure SqFt: 1230
  • Structure SqFt Source: Assessor
  • Age: 94
Development Information
  • Zoning Detail: R10000
Location Information
  • Parcel Number: 063-203-370
  • County Name: San Mateo
  • City Name: EAST PALO ALTO
  • City Postal ID: 16
  • Postal Code: 94303
  • Elementary School: 624
  • Elementary School District: 934
  • High School District Text: Sequoia Union High
  • High School Text: Carlmont High
Lot Information
  • Foundation: Concrete Perimeter and Slab
  • Horse Property: No
  • Lot Acres: .24
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor

Property History for 1508 Bay Road

DateEvent & SourcePriceAppreciation
Oct 16, 2024

Sold

MLSListings #ML81977462

$1,040,000
Oct 16, 2024

Sold

EBRD #ML81977462

$1,040,000
Oct 2, 2024

Sold (Public Record)

Public Record #1543903642

$1,040,000

+4.1% / yr

Sep 30, 2024

Pending

EBRD #ML81977462

Sep 30, 2024

Pending

MLSListings #ML81977462

Aug 20, 2024

Listed (Active)

EBRD #ML81977462

$899,000
Aug 20, 2024

Listed (Active)

MLSListings #ML81977462

$899,000
Oct 2, 2015

Sold

MLSListings #ML81513743

$725,000
Oct 2, 2015

Sold

EBRD #ML81513743

$725,000
Sep 21, 2015

Sold (Public Record)

Public Record #557845285

$725,000
Sep 19, 2015

Pending

EBRD #ML81513743

Sep 19, 2015

Pending

MLSListings #ML81513743

Sep 9, 2015

Listed (Active)

EBRD #ML81513743

$588,888
Sep 9, 2015

Listed (Active)

MLSListings #ML81513743

$588,888
DateEvent & SourcePrice
10/16/2024

Sold

MLSListings #ML81977462

$1,040,000
10/16/2024

Sold

EBRD #ML81977462

$1,040,000
10/02/2024

Sold (Public Record)

Public Record #1543903642

$1,040,000

+4.1% / yr

09/30/2024

Pending

EBRD #ML81977462

09/30/2024

Pending

MLSListings #ML81977462

08/20/2024

Listed (Active)

EBRD #ML81977462

$899,000
08/20/2024

Listed (Active)

MLSListings #ML81977462

$899,000
10/02/2015

Sold

MLSListings #ML81513743

$725,000
10/02/2015

Sold

EBRD #ML81513743

$725,000
09/21/2015

Sold (Public Record)

Public Record #557845285

$725,000
09/19/2015

Pending

EBRD #ML81513743

09/19/2015

Pending

MLSListings #ML81513743

09/09/2015

Listed (Active)

EBRD #ML81513743

$588,888
09/09/2015

Listed (Active)

MLSListings #ML81513743

$588,888

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1508 Bay Road

Taxable ValueLand$696,348Additions$145,071Total$841,419
Tax Record2024$11,125 ($927 / month)
Home Facts
Beds2Total Finished SqFt1,230 SqFtAbove Grade Finished SqFt1,230 SqFtStories1Lot Size10,550 SqFtStyleSingle Family ResidenceYear Built1930ZoningR10000CountySAN MATEOAPN063-203-370

Schools near 1508 Bay Road

This home is within Ravenswood City Elementary School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Costano Elementary School
PublicK to 5

Ravenswood Comprehensive Middle
Public6 to 8

Menlo-Atherton High School
Public9 to 12

Green Oaks Academy
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Intero Real Estate Services, Graeham Watts, DRE #01466876

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.