1031 Embarcadero Rd Palo Alto, CA 94303
Duveneck-Saint Francis NeighborhoodEstimated Value: $4,213,000 - $5,023,000
5
Beds
4
Baths
2,210
Sq Ft
$2,076/Sq Ft
Est. Value
Highlights
- Two Primary Bedrooms
- Contemporary Architecture
- Wood Flooring
- Duveneck Elementary School Rated A+
- Vaulted Ceiling
- Main Floor Primary Bedroom
About This Home
As of March 2023Stunning new home completed in 2021, never been occupied**Quiet & peaceful inside w/ an ultra-convenient location**Great value, lowest price per square foot in North Palo Alto**2-story main residence w/ 5 bedrooms, 4 full baths**A Guest house w/ 2 BR, 2 BA, kitchen & laundry in the backyard w/separate entrance, is perfect to use as a rental property (7BR, 6BA in total)**Elegant wrought-iron double doors, high vaulted ceiling, hardwood flooring throughout, trendy linear modern fireplace***Large gourmet kitchen w/ 48 Sub-Zero refrigerator, 48 Wolf pro range w/Gas 6-burner & griddle, large center island w/counter seating, Calcutta quartz countertops, wine cellar, Andersen windows, retractable movie screen & recessed lighting. Bathrooms have Porcelanosa tile wall***Convenient location near the community center, Rinconada Park, pool & top-rated Duveneck, Greene Middle, & Palo Alto High schools.Instant access to Stanford University, Town & Country Village, high-tech companies, & PA Downtown.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $50,464
Year Built
- Built in 2021
Lot Details
- 6,050 Sq Ft Lot
- Fenced Front Yard
- Fenced
- Level Lot
- Zoning described as R 1
Parking
- 1 Car Garage
- 3 Carport Spaces
- Electric Vehicle Home Charger
- Garage Door Opener
Home Design
- Contemporary Architecture
- Wood Frame Construction
- Ceiling Insulation
- Floor Insulation
- Shingle Roof
- Concrete Perimeter Foundation
- Stucco
Interior Spaces
- 2,210 Sq Ft Home
- 2-Story Property
- Vaulted Ceiling
- Skylights
- Gas Fireplace
- Double Pane Windows
- Bay Window
- Formal Entry
- Family or Dining Combination
- Neighborhood Views
- Security Gate
Kitchen
- Open to Family Room
- Eat-In Kitchen
- Breakfast Bar
- Built-In Double Oven
- Gas Cooktop
- Freezer
- Dishwasher
- Wine Refrigerator
- Quartz Countertops
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- Double Master Bedroom
- Walk-In Closet
- Bathroom on Main Level
- 4 Full Bathrooms
- Stone Countertops In Bathroom
- Dual Sinks
- Bathtub with Shower
- Walk-in Shower
Laundry
- Laundry in Garage
- Gas Dryer Hookup
Basement
- Sealed Crawl Space
- Crawl Space
Utilities
- Forced Air Heating and Cooling System
- Separate Meters
- 220 Volts
- Individual Gas Meter
- Tankless Water Heater
Additional Features
- Energy-Efficient Insulation
- Barbecue Area
- 660 SF Accessory Dwelling Unit
Listing and Financial Details
- Assessor Parcel Number 003-42-060
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 3, 2022
Closed on
Feb 27, 2023
Sold by
Xiao Zhihua and Xiao Shan
Bought by
Heli C Yu Revocable Trust
Seller's Agent
Judy Shen
Coldwell Banker Realty
Buyer's Agent
Judy Shen
Coldwell Banker Realty
List Price
$4,180,000
Sold Price
$4,128,000
Premium/Discount to List
-$52,000
-1.24%
Total Days on Market
95
Views
84
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$459,795
Avg. Annual Appreciation
4.72%
Purchase Details
Closed on
Mar 16, 2020
Sold by
Omegacloud Corporation
Bought by
Xiao Zhihua and Chao Shan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,275,000
Interest Rate
4.12%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 23, 2018
Closed on
Jun 19, 2018
Sold by
Ferris Cynthia Marle
Bought by
Omegacloud Corporation
Seller's Agent
Sherry Chu
Corcoran Icon Properties
Buyer's Agent
Rita Redford
Coldwell Banker Realty
List Price
$1,999,000
Sold Price
$2,000,000
Premium/Discount to List
$1,000
0.05%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.63%
Similar Homes in Palo Alto, CA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Heli C Yu Revocable Trust | $4,128,000 | Old Republic Title | |
| Xiao Zhihua | -- | Old Republic Title Company | |
| Omegacloud Corporation | $2,000,000 | First American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Xiao Zhihua | $1,200,000 | |
| Previous Owner | Xiao Zhihua | $300,000 | |
| Previous Owner | Xiao Zhihua | $1,275,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/01/2023 03/01/23 | Sold | $4,128,000 | -1.2% | $1,868 / Sq Ft |
| 02/06/2023 02/06/23 | Pending | -- | -- | -- |
| 11/03/2022 11/03/22 | For Sale | $4,180,000 | +109.0% | $1,891 / Sq Ft |
| 06/26/2018 06/26/18 | Sold | $2,000,000 | +0.1% | $1,162 / Sq Ft |
| 06/12/2018 06/12/18 | Pending | -- | -- | -- |
| 06/05/2018 06/05/18 | For Sale | $1,999,000 | 0.0% | $1,162 / Sq Ft |
| 05/31/2018 05/31/18 | For Sale | $1,999,000 | 0.0% | $1,162 / Sq Ft |
| 05/29/2018 05/29/18 | Pending | -- | -- | -- |
| 05/23/2018 05/23/18 | Pending | -- | -- | -- |
| 05/22/2018 05/22/18 | Price Changed | $1,999,000 | -99.0% | $1,162 / Sq Ft |
| 05/22/2018 05/22/18 | Price Changed | $199,000,000 | +8335.8% | $115,630 / Sq Ft |
| 04/23/2018 04/23/18 | For Sale | $2,359,000 | -- | $1,371 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
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 | $50,464 | $4,210,560 | $3,060,000 | $1,150,560 |
| 2023 | $42,464 | $3,512,852 | $2,175,938 | $1,336,914 |
| 2022 | $42,152 | $3,443,973 | $2,133,273 | $1,310,700 |
| 2021 | $36,806 | $3,011,445 | $2,091,445 | $920,000 |
| 2020 | $25,499 | $2,080,800 | $2,080,800 | $0 |
| 2019 | $25,197 | $2,040,000 | $2,040,000 | $0 |
| 2018 | $3,372 | $97,008 | $38,754 | $58,254 |
| 2017 | $1,957 | $95,107 | $37,995 | $57,112 |
| 2016 | $1,899 | $93,243 | $37,250 | $55,993 |
| 2015 | $1,872 | $91,843 | $36,691 | $55,152 |
| 2014 | $1,735 | $90,045 | $35,973 | $54,072 |
Source: Public Records
Agents Affiliated with this Home
-
Judy Shen
Seller's Agent in 2023
Judy Shen
Coldwell Banker Realty
(650) 380-2000
1 in this area
27 Total Sales
-
Seller's Agent in 2018
Sherry Chu
Corcoran Icon Properties
(650) 996-9282
26 Total Sales
-
Buyer's Agent in 2018
Rita Redford
Coldwell Banker Realty
(408) 892-9583
3 Total Sales
Map
Source: MLSListings
MLS Number: ML81911931
APN: 003-42-060
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