251 Emerson Street
251 Emerson Street
Sold 7/9/21
Sold 7/9/21
Description
Listing Agent
![Zach Trailer]()
zach.trailer@compass.comP: 650.906.8008
Property Details for 251 Emerson Street
Location
Sold By Compass, Stange Group, DRE #01418178; Compass, Greg Stange, DRE #01418178
Property Details for 251 Emerson Street
| Status | Sold |
|---|---|
| MLS # | ML81810968 |
| Days on Compass | 246 |
| Taxes | $24,541 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | 5+ Units / Five or More Units |
| Year Built | 1906 |
| Lot Size | 0.13 AC / 5,674 SF |
| County | Santa Clara County |
Location
Sold By Compass, Stange Group, DRE #01418178; Compass, Greg Stange, DRE #01418178
Building Information for 251 Emerson Street
Payment Calculator
$20,327 per month
30 year fixed, 7.25% Interest
$18,282
$2,045
$0
Property Information for 251 Emerson Street
- Fireplace: No
- Living SqFt: 3915
- Pool: No
- Security Features: None
- Special Features: Other
- Cooling: None
- Heating: Other
- Meters: Master Electric, Master Gas, Master Water, Separate Electric, Separate Gas
- Sewer Septic: Sewer - Public
- Utilities: Public Utilities
- Water: Public
- Carport Min: 0
- Garage and Parking: Off-Street Parking
- HOA Exists: 0
- HOA Fee: $0
- Min Num Of Units in Complex: 8
- Area Text: Downtown Palo Alto
- Restrictions: None
- Roof: Composition, Shingle
- Subclass: Five or More Units
- Year Built Source: Assessor
- Street Number: 251
- Street Name: Emerson
- Street Suffix: Street
- Area ID: 242
- Number of Buildings: 1
- Structure SqFt: 3915
- Structure SqFt Source: Assessor
- Age: 114
- Ownership Type: Individual
- Zoning Detail: RM4
- City Limits: Yes
- Incorporated: No
- Parcel Number: 120-25-025
- County Name: Santa Clara
- City Name: PALO ALTO
- City Postal ID: 46
- Postal Code: 94301
- Elementary School District: 481
- High School District Text: Palo Alto Unified
- Foundation: Concrete Perimeter
- Lot Acres: .13
- Lot Size Area Maximum Units: Square Feet
- Lot Size Area Minimum Units: Square Feet
- Lot Size Source: Assessor
- No Of Leased: 6
- Annual Tax Amount: $24,541
- Capitalization Rate: 4.67
- Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Water
- Income Includes: Rents
- Vacancy Factor: 0
- Expense Insurance: $1,500
- Expense Landscape: $1,200
- Expense Maintenance: $2,000
- Expense Management: $0
- Expense Trash: $0
- Expenses Other: $0
- Expenses Utility: $0
- Expenses Total: $29,241
- Operating Expenses Include: Services - Gardener
- Gross Rent Multiplier: 18.18
- Income Annual Gross: $192,564
- Income Annual Rental: $192,564
- Income Gross Scheduled: $192,564
- Income Other: $0
- Unit 1 Full Bathrooms: 1
- Unit 1 Half Bathrooms: 0
- Unit 1 Number of Bedrooms: 1
- Unit 1 Rent: $2,500
- Unit 2 Approx Square Footage: 307
- Unit 2 Full Bathrooms: 1
- Unit 2 Half Bathrooms: 0
- Unit 2 Number of Bedrooms: 0
- Unit 2 Rent: $2,200
- Unit Type1 Approx SqFt: 480
Property History for 251 Emerson Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 251 Emerson Street
Schools near 251 Emerson Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | K to 5 |
Rating | School | Distance |
|---|---|---|
Addison Elementary School PublicK to 5 | ||
Frank S. Greene Jr. Middle Public6 to 8 | ||
Palo Alto High School Public9 to 12 | ||
Ohlone Elementary School 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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Compass, Zach Trailer, DRE #01371338
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.