NOT LISTED FOR SALE

Estimated Value: $4,269,000 - $5,425,000

3 Beds
2 Baths
2,377 Sq Ft
$2,127/Sq Ft Est. Value

Last Sold June 25, 2021

Last sale price $4,100,000 $1,725 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $31,957/month

90 Days on Market

Highlights

  • Open to Family Room
  • Forced Air Heating and Cooling System
  • Gas Fireplace
  • Addison Elementary School Rated A+
  • Dining Area

About This Home

As of June 2021

1007 Forest is initially available only to the buyer of the adjacent 1001 Forest, ML81831175. In the event the buyer of 1001 does not choose to buy 1007, 1007 will be offered separately. Therefore, 1007, which is tenant occupied, will not be shown until 1001 is sold *1007 Forest is a wooded oasis on a quiet cul-de-sac that is poised to be integrated with the adjacent estate at 1001 Forest to create even more commodious grounds (22,608 sf in total) *The possibilities are only limited by creativity. The home at 1007 could be used as the second dwelling of a family compound, or the site could be redeveloped for active and passive recreation: a pool, sports court, pool house, cottage, flower gardens, vineyard, and more* 1007 Forest is initially available only to the buyer of the adjacent 1001 Forest, ML81831175. In the event the buyer of 1001 does not choose to buy 1007, 1007 will be offered separately. Therefore, 1007, which is tenant occupied, will not be shown until 1001 is sold*

Last Agent to Sell the Property

Steve Pierce

Zane MacGregor License #00871571 Listed on: 02/24/2021

Last Buyer's Agent

Michael Repka

Deleon Realty License #70010006

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $52,934

Year Built

  • 1975

Lot Details

  • 6,791

Parking

  • 2 Car Garage

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,377 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Dining Area
  • Open to Family Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • 6,791 Sq Ft Lot
  • Forced Air Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$52,934

Year Built

1975

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Age: 46
  • Listing Class: Residential
  • Structure Sq Ft: 2377
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1975

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Burning
  • Dining Room: Dining Area
  • Fireplace: Yes
  • Living Sq Ft: 2377
  • Stories: 2
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage

Utilities

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

Schools

  • School District: Palo Alto Unified
  • Elementary School: Addison Elementary
  • Middle School: Frank S. Greene Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 309
  • Middle School: 329

Lot Info

  • Lot Acres: 0.1559
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6789.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6789.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2021
Closed on
Jun 17, 2021
Sold by
Goodrich Raymond Thomas and Patton Rebecca L
Bought by
Sovotodo Investments Llc
Seller's Agent
Steve Pierce
Zane MacGregor
Buyer's Agent
Michael Repka
Deleon Realty
List Price
$4,100,000
Sold Price
$4,100,000
Current Estimated Value
$5,055,547

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$955,547
Avg. Annual Appreciation
5.14%
Original Mortgage
$2,460,000
Outstanding Balance
$2,236,902
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$2,818,645

Purchase Details

Listed on
Apr 17, 2012
Closed on
May 30, 2012
Sold by
Rose Donald K
Bought by
Valluru Sudhakar S and Valluru Barbara J
Seller's Agent
Ethel Green
Intero Real Estate Services
Buyer's Agent
Umang Sanchorawala
Compass
List Price
$2,495,000
Sold Price
$2,300,000
Premium/Discount to List
-$195,000
-7.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.60%
Original Mortgage
$931,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 24, 2003
Sold by
Rose Donald K
Bought by
Rose Donald K

Purchase Details

Closed on
Mar 14, 1998
Sold by
Wright Wright A and Wright Lawrence A
Bought by
Rose Donald K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
7.02%
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
Sovotodo Investments Llc $4,100,000 Chicago Title Company
Valluru Sudhakar S $2,299,750 Chicago Title Company
Rose Donald K -- --
Rose Donald K -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sovotodo Investments Llc $2,460,000
Previous Owner Valluru Sudhakar S $931,000
Previous Owner Rose Donald K $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2021 06/25/21 Sold $4,100,000 0.0% $1,725 / Sq Ft
05/26/2021 05/26/21 Pending -- -- --
02/24/2021 02/24/21 For Sale $4,100,000 +5.1% $1,725 / Sq Ft
11/14/2017 11/14/17 Sold $3,900,000 +0.5% $1,641 / Sq Ft
09/20/2017 09/20/17 Pending -- -- --
09/13/2017 09/13/17 For Sale $3,880,000 +68.7% $1,632 / Sq Ft
06/14/2012 06/14/12 Sold $2,300,000 -1.1% $968 / Sq Ft
05/24/2012 05/24/12 Pending -- -- --
05/22/2012 05/22/12 Price Changed $2,325,000 -6.8% $978 / Sq Ft
04/17/2012 04/17/12 For Sale $2,495,000 -- $1,050 / 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 $52,934 $4,577,970 $4,221,485 $356,485
2024 $52,934 $4,420,952 $4,138,711 $282,241
2023 $51,420 $4,271,640 $4,057,560 $214,080
2022 $50,763 $4,182,000 $3,978,000 $204,000
2021 $49,760 $4,099,596 $3,610,798 $488,798
2020 $48,720 $4,057,560 $3,573,774 $483,786
2019 $48,187 $3,978,000 $3,503,700 $474,300
2018 $46,849 $3,900,000 $3,435,000 $465,000
2017 $30,286 $2,489,198 $2,240,280 $248,918
2016 $29,494 $2,440,391 $2,196,353 $244,038
2015 $29,208 $2,403,735 $2,163,362 $240,373
2014 $28,632 $2,356,650 $2,120,985 $235,665
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81845906

MLSListings

APN: 003-19-069