NOT LISTED FOR SALE

Estimated Value: $3,501,000 - $6,291,000

7 Beds
4 Baths
3,196 Sq Ft
$1,696/Sq Ft Est. Value

Last Sold October 07, 2019

Last sale price $3,750,000 $1,173 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $32,789/month

47 Days on Market

Highlights

  • Eichler Home
  • Atrium Room
  • Vaulted Ceiling
  • Duveneck Elementary School Rated A+
  • Fireplace in Primary Bedroom
  • Main Floor Primary Bedroom

About This Home

As of October 2019

This unique Atrium Eichler home located in the coveted Community Center neighborhood offers incredible flexibility with seven bedrooms (total) including an attached, upper level, 1-bedroom unit with a private entrance. The main residence offers an updated kitchen and bathrooms, hardwood floors, and a wood-burning fireplace in the living room and in the Master Suite. Moreover, the home is tucked away from the street, resulting in a private sanctuary amidst bustling Silicon Valley. The features that stand out most are the walls of glass and atrium, which are the architectural expression of indoor/outdoor California living. Light pours in from the center of the home to fill the space below. It is a must-see. This home draws into top public schools including Duveneck Elementary School, Greene Middle School, and Palo Alto High School. Centrally located within a few blocks of Rinconada Park, the Palo Alto Art Center, the Palo Alto Childrens Theater, Rinconada Pool and much more!

Last Agent to Sell the Property

The reSolve Group

Compass License #70010012 Listed on: 07/25/2019

Compass

Last Buyer's Agent

Josh Rubin

Kerwin & Associates License #01995038

Kerwin & Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $48,235

Year Built

  • Built in 1973

Lot Details

  • 9,566 Sq Ft Lot
  • Flag Lot
  • Sprinklers on Timer
  • Back Yard Fenced
  • Zoning described as R1

Parking

  • 2 Car Garage

Home Design

  • Eichler Home
  • Flat Roof Shape
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 3,196 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Skylights in Kitchen
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Den
  • Atrium Room
  • Utility Room
  • Neighborhood Views

Kitchen

  • Open to Family Room
  • Gas Oven
  • Range Hood
  • Kitchen Island
  • Quartz Countertops
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Remodeled Bathroom
  • 4 Full Bathrooms
  • Solid Surface Bathroom Countertops
  • Dual Sinks
  • Bathtub with Shower
  • Bathtub Includes Tile Surround

Laundry

  • Laundry in unit
  • Laundry Tub
  • Gas Dryer Hookup

Additional Features

  • Balcony
  • Radiant Heating System

Community Details

  • Courtyard

Listing and Financial Details

  • Assessor Parcel Number 003-35-097

Home Details

Home Type

Single Family

Est. Annual Taxes

$48,235

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Eichler
  • Age: 46
  • Listing Class: Residential
  • Structure Sq Ft: 3196
  • Incorporated: Yes
  • Year Built: 1973
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Living Room, Primary Bedroom
  • Dining Room: Dining Area
  • Kitchen: Countertop - Quartz, Garbage Disposal, Hood Over Range, Island, Oven Range - Gas, Skylight, Trash Compactor
  • Living Sq Ft: 3196
  • Stories: 2
  • Bedrooms: Ground Floor Bedroom, Primary Bedroom on Ground Floor, Walk-in Closet
  • Laundry: Electricity Hookup (220V), Gas Hookup, Inside, Tub / Sink
  • Additional Rooms: Atrium, Office Area, Utility Room
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 7
  • Minimum Numberof Bedrooms: 7
  • Full Bathrooms: 4
  • Total Bedrooms: 7
  • Bathroom: Double Sinks, Showers over Tubs - 2+, Solid Surface, Tile, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition, Flat / Low Pitch
  • View: Neighborhood
  • Yard/Grounds: Back Yard, Balcony / Patio, Courtyard, Fenced, Sprinklers - Auto
  • Fencing: Fenced Back, Partial Fencing

Garage/Parking

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

Utilities

  • Heating System: Electric, Radiant
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Skylight, Vaulted Ceiling, Walk-in Closet

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

  • Lot Description: Flag Lot
  • Parcel Number: 003-35-097
  • Lot Acres: 0.2196
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9566.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9566.00

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
Jul 25, 2019
Closed on
Sep 30, 2019
Sold by
Sequoia Mortgage Fund Llc
Bought by
Dial Rodney B and Dial Kylee
Seller's Agent
The reSolve Group
Compass
Buyer's Agent
Josh Rubin
Kerwin & Associates
List Price
$4,295,000
Sold Price
$3,750,000
Premium/Discount to List
-$545,000
-12.69%
Total Days on Market
47
Current Estimated Value
$5,420,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,670,954
Avg. Annual Appreciation
6.89%
Original Mortgage
$1,858,500
Outstanding Balance
$1,642,422
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$3,822,665

Purchase Details

Closed on
Apr 8, 2019
Sold by
Mulugeta Benyam and Mulugeta Paula R
Bought by
Sequoia Mortgage Fund Llc

Purchase Details

Closed on
Mar 24, 1997
Sold by
Yousif Bedri M and Yousif Bedri Mohammed
Bought by
Mulugeta Benyam and Mulugeta Paula R B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,500
Interest Rate
9.25%

Purchase Details

Closed on
May 17, 1996
Sold by
Al Harari Samina Y
Bought by
Yousif Bedri M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
6.75%

Purchase Details

Closed on
Apr 19, 1996
Sold by
The First National Bank Of Chicago
Bought by
Yousif Bedri M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
6.75%

Purchase Details

Closed on
Mar 4, 1995
Sold by
First National Bank Of Chicago and Boudreau James J
Bought by
First National Bank Of Chicago
Source: Public Records

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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
Dial Rodney B $3,750,000 Old Republic Title Company
Sequoia Mortgage Fund Llc $700,909 Accommodation
Mulugeta Benyam $750,000 First American Title Co
Yousif Bedri M -- Fidelity National Title Ins
Yousif Bedri M $600,000 Fidelity National Title Ins
First National Bank Of Chicago $640,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dial Rodney B $1,858,500
Previous Owner Mulugeta Benyam $100,000
Previous Owner Mulugeta Benyam $110,000
Previous Owner Mulugeta Benyam $200,000
Previous Owner Mulugeta Benyam $300,000
Previous Owner Mulegeta Benyam $162,000
Previous Owner Mulugeta Benyam $1,397,500
Previous Owner Mulugeta Benyam $170,000
Previous Owner Mulugeta Benyam $1,000,000
Previous Owner Mulugeta Benyam $900,000
Previous Owner Mulugeta Benyam $200,000
Previous Owner Mulugeta Benyam $2,000,000
Previous Owner Mulugeta Benyam $100,000
Previous Owner Mulugeta Benyam $600,000
Previous Owner Mulugeta Benyam $45,000
Previous Owner Mulugeta Benyam $562,500
Previous Owner Yousif Bedri M $480,000
Closed Yousif Bedri M $60,000
Closed Mulugeta Benyam $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2019 10/07/19 Sold $3,750,000 -6.1% $1,173 / Sq Ft
09/28/2019 09/28/19 Price Changed $3,995,000 0.0% $1,250 / Sq Ft
09/11/2019 09/11/19 Pending -- -- --
09/10/2019 09/10/19 Pending -- -- --
09/03/2019 09/03/19 Price Changed $3,995,000 -7.0% $1,250 / Sq Ft
07/25/2019 07/25/19 For Sale $4,295,000 -- $1,344 / 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
2024 $48,235 $4,020,756 $3,699,096 $321,660
2023 $47,528 $3,941,918 $3,626,565 $315,353
2022 $46,985 $3,864,626 $3,555,456 $309,170
2021 $46,061 $3,788,850 $3,485,742 $303,108
2020 $45,099 $3,750,000 $3,450,000 $300,000
2019 $13,945 $1,095,014 $547,507 $547,507
2018 $13,574 $1,073,544 $536,772 $536,772
2017 $13,335 $1,052,496 $526,248 $526,248
2016 $12,983 $1,031,860 $515,930 $515,930
2015 $12,853 $1,016,362 $508,181 $508,181
2014 $12,541 $996,454 $498,227 $498,227
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81761976

MLSListings

APN: 003-35-097