NOT LISTED FOR SALE

1015 Stanford Ave Palo Alto, CA 94306

Estimated Value: $3,217,000 - $4,115,000

4 Beds
2 Baths
1,692 Sq Ft
$2,235/Sq Ft Est. Value

Last Sold May 16, 2016

Last sale price $2,488,000 $1,470 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $23,655/month

18 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Stone Countertops
  • Escondido Elementary School Rated A+
  • Attic
  • Formal Dining Room

About This Home

As of May 2016

Across the street from Stanford Univ, located in a walkable & bikable neighborhood, this 4 bedroom 2 bath 2 story traditional style home meets all the requirements of today's buyers. Interiors and exteriors reflect architectural integrity. Outstanding features include: hardwood floors, grand living rm, formal dining rm, sunny kitchen, private enclosed garden and patio thru the french doors of the living rm. Along with easy access to Stanford - University, Med Center & Research Park with its many tech & law firms, this location is just off major thoroughfares and public transportation routes of El Camino, Page Mill Rd, 101 & 280. California Av with its vibrant restaurants & shops, plus Sunday Farmers Market are also close by, as the Cal Train station, hikers' destination "the dish", College Terrace Library, & 4 parks (1 with a tennis court). This home and this location provide the best of Palo Alto & the best of Silicon Valley

Last Agent to Sell the Property

Erika Enos

Keller Williams Palo Alto License #00706554 Listed on: 04/02/2016

Keller Williams Palo Alto

Last Buyer's Agent

Carol Carnevale

Compass License #00946687

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $42,143

Year Built

  • Built in 1934

Lot Details

  • 5,837 Sq Ft Lot
  • Wood Fence
  • Back Yard
  • Zoning described as R1

Parking

  • 1 Car Detached Garage
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Traditional Architecture
  • Wood Frame Construction
  • Wood Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,692 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Formal Entry
  • Formal Dining Room
  • Attic

Kitchen

  • Gas Oven
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Unfinished Basement

  • Sump Pump
  • Crawl Space

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 137-03-049

Home Details

Home Type

Single Family

Est. Annual Taxes

$42,143

Year Built

Built in 1934

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Colonial, Traditional
  • Age: 82
  • Listing Class: Residential
  • Structure Sq Ft: 1692
  • Incorporated: Yes
  • Year Built: 1934
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Formal Dining Room
  • Kitchen: Countertop - Stone, Dishwasher, Garbage Disposal, Hookups - Gas, Oven Range - Gas
  • Living Sq Ft: 1692
  • Stories: 2
  • Laundry: Gas Hookup, Hookups Only
  • Flooring: Hardwood, Tile, Vinyl / Linoleum
  • Additional Rooms: Attic, Basement - Unfinished, Formal Entry, Laundry Room
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Bathroom: Stall Shower, Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space
  • Roof: Wood Shakes / Shingles
  • Yard/Grounds: Back Yard, Fenced
  • Fencing: Wood
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 2
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Detached Garage, Off-Street Parking

Utilities

  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public, Sump Pump

Schools

  • School District: Palo Alto Unified
  • Elementary School: Escondido Elementary
  • Middle School: David Starr Jordan Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 313
  • Middle School: 329

Lot Info

  • Lot Description: Regular
  • Parcel Number: 137-03-049
  • Lot Acres: 0.1340
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5850.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5850.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Escondido Elementary
  • High School Text: Palo Alto High
  • Middle School Text: David Starr Jordan Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2016
Closed on
May 9, 2016
Sold by
Fidelity Personal Trust Company Fsb
Bought by
The Board Of Trustees Of The Leland Stan
Seller's Agent
Erika Enos
Keller Williams Palo Alto
Buyer's Agent
Carol Carnevale
Compass
List Price
$2,488,000
Sold Price
$2,488,000
Current Estimated Value
$3,780,788

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,292,788
Avg. Annual Appreciation
5.06%

Purchase Details

Listed on
Apr 2, 2016
Closed on
Apr 18, 2016
Sold by
Ruether Robert M
Bought by
Fidelity Personal Trust Company Fsb
Seller's Agent
Erika Enos
Keller Williams Palo Alto
Buyer's Agent
Carol Carnevale
Compass
List Price
$2,488,000
Sold Price
$2,488,000

Purchase Details

Closed on
Jul 9, 2004
Sold by
Ruether Robert M
Bought by
Ruether Robert M

Purchase Details

Closed on
Nov 30, 1995
Sold by
Feigen Priscilla R
Bought by
Feigen Priscilla R
Source: Public Records

Range of Values:

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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
The Board Of Trustees Of The Leland Stan $2,488,000 Old Republic Title Company
Fidelity Personal Trust Company Fsb -- Old Republic Title Co
Ruether Robert M -- --
Feigen Priscilla R -- --
Feigen Priscilla R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vasserman Susana $700,000
Closed Vasserman Susana $250,000
Closed Vasserman Susana $300,000
Closed Vasserman Susana $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2016 05/16/16 Sold $2,488,000 0.0% $1,470 / Sq Ft
04/21/2016 04/21/16 Pending -- -- --
04/02/2016 04/02/16 For Sale $2,488,000 -- $1,470 / 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 $42,143 $3,572,024 $2,516,654 $1,055,370
2024 $42,143 $3,501,985 $2,467,308 $1,034,677
2023 $41,525 $3,433,320 $2,418,930 $1,014,390
2022 $41,049 $3,366,000 $2,371,500 $994,500
2021 $40,241 $3,300,000 $2,325,000 $975,000
2020 $43,137 $3,583,302 $2,538,302 $1,045,000
2019 $33,478 $2,739,532 $2,488,532 $251,000
2018 $31,409 $2,588,515 $2,439,738 $148,777
2017 $30,859 $2,537,760 $2,391,900 $145,860
2016 $11,127 $873,546 $748,757 $124,789
2015 $11,014 $860,425 $737,510 $122,915
2014 $10,094 $843,572 $723,064 $120,508
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81578260

MLSListings

APN: 137-03-049