NOT LISTED FOR SALE

1020 S California Ave Palo Alto, CA 94306

Estimated Value: $2,635,000 - $2,924,334

2 Beds
1 Bath
996 Sq Ft
$2,822/Sq Ft Est. Value

Last Sold September 07, 2021

Last sale price $2,550,000 $2,560 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $17,878/month

11 Days on Market

Highlights

  • Living Room with Fireplace
  • Formal Dining Room
  • Laundry in Utility Room
  • Escondido Elementary School Rated A+
  • 1 Car Detached Garage
  • 5-minute walk to Weisshaar Park

About This Home

As of September 2021

Charming Palo Alto home with separate Studio Cottage situated in highly desirable College Terrace neighborhood. The 2 bedroom, 1 bath main house features a sun-filled living room w/ fireplace, built-ins, large bay-window seat, finished attic, and cozy dining room with built-ins & door leading out to deck. Kitchen is complete w/ granite countertops, refrigerator, dishwasher, double sink, and gas stove. 1st bedroom with 2 closets, vaulted ceiling, bay window seat, & ensuite. 2nd bedroom with private entrance & fireplace (non-operational). All tile bathroom with soaking tub, spacious shower w/ frameless enclosure/built-in bench, and 2 entrances. Beautifully landscaped backyard complete w/ spacious deck, outdoor gas fireplace, basement entrance, & pathway to cottage. Other features include hardwood flooring, forced Heat/A/C, long driveway, converted garage, & street permit parking. Don't miss out on this wonderful home in a dream neighborhood with world-renowned Palo Alto schools.

Last Agent to Sell the Property

Vinicius Brasil

Keller Williams Thrive License #01419311 Listed on: 08/18/2021

Keller Williams Thrive

Last Buyer's Agent

Neal Woods, III

Indigo Beach Properties, Inc. License #01135897

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,173

Year Built

  • 1930

Lot Details

  • 5,741

Parking

  • 1 Car Detached Garage

Home Design

  • Wood Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 996 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Crawl Space
  • Laundry in Utility Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • 5,741 Sq Ft Lot
  • Forced Air Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,173

Year Built

1930

Lot Details

0

Parking

1

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Age: 91
  • Listing Class: Residential
  • Structure Sq Ft: 996
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1930

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Log, Living Room, Wood Burning
  • Dining Room: Formal Dining Room
  • Fireplace: Yes
  • Living Sq Ft: 996
  • Stories: 1
  • Laundry: In Utility Room
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space
  • Roof: Wood Shakes / Shingles

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Detached Garage

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Palo Alto Unified
  • Elementary School: Escondido Elementary
  • Middle School: Frank S. Greene Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 313
  • Middle School: 329

Lot Info

  • Lot Acres: 0.1318
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5742.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5742.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2021
Closed on
Aug 31, 2021
Sold by
Heatherbloom Llc
Bought by
Bannick Margaret M and Margaret M Bannick Living Trus
Seller's Agent
Vinicius Brasil
Keller Williams Thrive
Buyer's Agent
Neal Woods, III
Indigo Beach Properties, Inc.
List Price
$2,388,000
Sold Price
$2,550,000
Premium/Discount to List
$162,000
6.78%
Current Estimated Value
$2,810,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$260,834
Avg. Annual Appreciation
2.46%

Purchase Details

Closed on
Apr 27, 2010
Sold by
Ferrell Laura R and Ferrell Cragin Revocable Trust
Bought by
Heatherbloom Llc

Purchase Details

Closed on
Jul 10, 2008
Sold by
Cragin Leslie E and Cragin Ferrell Revocable Trust
Bought by
Heatherbloom Llc

Purchase Details

Closed on
Aug 8, 2001
Sold by
Cragin Leslie E
Bought by
Cragin Leslie E and Cragin Ferrell Revocable Trust
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
Bannick Margaret M $2,550,000 Lawyers Title Company
Heatherbloom Llc -- None Available
Heatherbloom Llc -- None Available
Cragin Leslie E -- --
Ferrell Laura R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ferrell Laura R $100,000
Previous Owner Ferrell Laura R $87,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2021 09/07/21 Sold $2,550,000 +6.8% $2,560 / Sq Ft
08/29/2021 08/29/21 Pending -- -- --
08/18/2021 08/18/21 For Sale $2,388,000 -- $2,398 / 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 $32,173 $2,706,080 $2,546,899 $159,181
2024 $32,173 $2,653,020 $2,496,960 $156,060
2023 $31,701 $2,601,000 $2,448,000 $153,000
2022 $31,335 $2,550,000 $2,400,000 $150,000
2021 $4,929 $333,635 $201,478 $132,157
2020 $4,843 $330,215 $199,413 $130,802
2019 $4,785 $323,741 $195,503 $128,238
2018 $4,672 $317,394 $191,670 $125,724
2017 $4,589 $311,171 $187,912 $123,259
2016 $4,463 $305,071 $184,228 $120,843
2015 $4,413 $300,489 $181,461 $119,028
2014 $4,237 $294,604 $177,907 $116,697
Source: Public Records

Agents Affiliated with this Home

  • Vinicius Brasil

    Seller's Agent in 2021

    Vinicius Brasil

    Keller Williams Thrive

    (408) 582-3272

    203 Total Sales

    Vinicius Brasil
    Section Image

  • N

    Buyer's Agent in 2021

    Neal Woods, III

    Indigo Beach Properties, Inc.

    Section Image
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Map

Source: MLSListings

MLS Number: ML81858971

MLSListings

APN: 137-04-026

California Santa Clara County Palo Alto 94304

1020 S California Ave, Palo Alto, CA

This home is located at 1020 S California Ave, Palo Alto, CA 94306 since 18 August 2021 and is currently estimated at $2,810,834, approximately $2,822 per square foot. This property was built in 1930. 1020 S California Ave is a home located in Santa Clara County with nearby schools including Escondido Elementary School, Frank S. Greene Jr. Middle, and Palo Alto High School.

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