NOT LISTED FOR SALE

1023 Embarcadero Rd Palo Alto, CA 94303

Duveneck-Saint Francis Neighborhood

Estimated Value: $2,185,000 - $2,860,185

3 Beds
1 Bath
1,114 Sq Ft
$2,207/Sq Ft Est. Value

Last Sold September 12, 2024

Last sale price $2,360,000 $2,118 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $13,320/month

14 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • 1 Car Attached Garage
  • Duveneck Elementary School Rated A+
  • Quartz Countertops
  • Forced Air Heating System

About This Home

As of September 2024

An exceptional find nestled in sought-after Green Gables. This delightful residence boasts an appealing layout and floor plan, brimming with natural light. Relax in the inviting living room, complete with a cozy wood-burning fireplace. Step outside to discover a generously-sized and sunlit backyard, perfect for leisure and enjoyment. Ideally situated near the community center, Rinconada Park, and top-rated schools including Duveneck, Greene Middle, and Palo Alto High School. Enjoy seamless access to Stanford University, Town & Country Village, and downtown Palo Alto.

Last Agent to Sell the Property

Terri Kerwin

Golden Gate Sotheby's International Realty License #01181550 Listed on: 08/08/2024

Last Buyer's Agent

Yan Liang

Golden Gate Sotheby's International Realty License #01933960

Golden Gate Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,011

Year Built

  • Built in 1948

Lot Details

  • 5,663 Sq Ft Lot
  • Zoning described as R1

Parking

  • 1 Car Attached Garage

Home Design

  • Traditional Architecture
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,114 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Dining Area
  • Quartz Countertops
  • Laundry in Garage

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 003-42-061

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,011

Year Built

Built in 1948

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Traditional
  • Age: 76
  • Listing Class: Residential
  • Structure Sq Ft: 1114
  • Year Built: 1948
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining Area
  • Kitchen: Countertop - Quartz
  • Living Sq Ft: 1114
  • Stories: 1
  • Laundry: In Garage
  • Flooring: Hardwood, Vinyl / Linoleum
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

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

Utilities

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

Schools

  • School District: Palo Alto Unified
  • Elementary School: Duveneck Elementary
  • Middle School: Frank S. Greene Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 311
  • Middle School: 329

Lot Info

  • Parcel Number: 003-42-061
  • Lot Acres: 0.1300
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5663.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5663.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Duveneck Elementary
  • High School Text: Palo Alto High
  • Middle School Text: Frank S. Greene Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2024
Closed on
Sep 5, 2024
Sold by
1995 De Brincat Family Trust and Wells Fargo Bank Na
Bought by
Saremi Omid and Jam Seyedeh Hengameh
Seller's Agent
Terri Kerwin
Golden Gate Sotheby's International Realty
Buyer's Agent
Yan Liang
Golden Gate Sotheby's International Realty
List Price
$2,100,000
Sold Price
$2,360,000
Premium/Discount to List
$260,000
12.38%
Views
44
Current Estimated Value
$2,459,046

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,046
Avg. Annual Appreciation
6.70%
Original Mortgage
$1,770,000
Outstanding Balance
$1,761,773
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$762,834

Purchase Details

Closed on
Feb 16, 1995
Sold by
Debrincat Philip A M
Bought by
Debrincat Philip A M
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
Saremi Omid $2,360,000 Lawyers Title
Debrincat Philip A M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saremi Omid $1,770,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2024 09/12/24 Sold $2,360,000 +12.4% $2,118 / Sq Ft
08/23/2024 08/23/24 Pending -- -- --
08/08/2024 08/08/24 For Sale $2,100,000 -- $1,885 / 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 $4,011 $2,360,000 $2,124,000 $236,000
2024 $4,011 $254,796 $186,448 $68,348
2023 $3,948 $249,801 $182,793 $67,008
2022 $3,893 $244,904 $179,209 $65,695
2021 $3,816 $240,103 $175,696 $64,407
2020 $3,753 $237,642 $173,895 $63,747
2019 $3,707 $232,984 $170,486 $62,498
2018 $3,625 $228,417 $167,144 $61,273
2017 $3,560 $223,939 $163,867 $60,072
2016 $3,461 $219,549 $160,654 $58,895
2015 $3,420 $216,252 $158,241 $58,011
2014 $3,260 $212,017 $155,142 $56,875
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2024

    Terri Kerwin

    Golden Gate Sotheby's International Realty

    Section Image
  • Yan Liang

    Buyer's Agent in 2024

    Yan Liang

    Golden Gate Sotheby's International Realty

    (408) 656-9816

    1 in this area

    20 Total Sales

    Yan Liang
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81975925

MLSListings

APN: 003-42-061

California Santa Clara County Palo Alto 94303 Duveneck-Saint Francis

1023 Embarcadero Rd, Palo Alto, CA

This home is located at 1023 Embarcadero Rd, Palo Alto, CA 94303 since 08 August 2024 and is currently estimated at $2,459,046, approximately $2,207 per square foot. This property was built in 1948. 1023 Embarcadero Rd is a home located in Santa Clara County with nearby schools including Duveneck Elementary School, Frank S. Greene Jr. Middle, and Palo Alto High School.

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