$4,128,000
SOLD MAR 1, 2023
5 Beds
4 Baths
2,210 Sq Ft
6,050 Sq Ft Lot

Recently Sold

$1,868 Per Sq Ft

1% Below List Price

95 Days on Market

Highlights

  • New Construction
  • Two Primary Bedrooms
  • Vaulted Ceiling
  • Duveneck Elementary School Rated A+
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of March 2023

Stunning 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.

Last Agent to Sell the Property

Judy Shen

Coldwell Banker Realty License #01272874 Listed on: 11/03/2022

Coldwell Banker Realty

Last Buyer's Agent

Judy Shen

Coldwell Banker Realty License #01272874 Listed on: 11/03/2022

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $50,464

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 6,050 Sq Ft Lot
  • Fenced Front Yard
  • Fenced
  • Level Lot
  • Zoning described as R 1

Parking

  • 1 Car Attached Garage
  • 3 Carport Spaces
  • Electric Vehicle Home Charger
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Ceiling Insulation
  • Floor Insulation
  • Shingle Roof
  • Clay 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

Home Details

Home Type

Single Family

Est. Annual Taxes

$50,464

Year Built

Built in 2021 | New Construction

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Contemporary
  • Property Condition: Built / Remodeled Green
  • Age: 1
  • Listing Class: Residential
  • Second Res Apx Sq Ft: 660
  • Structure Sq Ft: 2210
  • Construction: Completed-Never Occupied
  • Incorporated: Yes
  • Year Built: 2021
  • Zoning Description: R 1
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Burning, Gas Starter
  • Dining Room: Dining Area, Dining Area in Family Room, Dining Bar, Eat in Kitchen
  • Kitchen: 220 Volt Outlet, Cooktop - Gas, Countertop - Quartz, Dishwasher, Freezer, Oven - Double, Oven Range - Built-In, Oven Range - Built-In, Gas, Refrigerator, Wine Refrigerator
  • Living Sq Ft: 2210
  • Stories: 2
  • Bedrooms: More than One Primary Bedroom, Primary Bedroom on Ground Floor, Walk-in Closet
  • Laundry: Gas Hookup, In Garage, Inside
  • Flooring: Hardwood, Tile
  • Additional Rooms: Formal Entry
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Bathroom: Double Sinks, Full on Ground Floor, Shower and Tub, Stall Shower, Stone
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space
  • Roof: Clay, Shingle
  • View: Neighborhood
  • Yard/Grounds: BBQ Area, Fenced
  • Fencing: Fenced, Fenced Front
  • Construction Type: Concrete Block, Stucco, Wood Frame

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Attached Garage, Gate / Door Opener, Parking Area
  • Carport Min: 3
  • Electric Vehicle Hookup Type: Electric Vehicle Hookup Level 2 (240 volts)

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air - Gas, Fireplace
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Bay Window, High Ceiling, Security Gate, 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: Grade - Level
  • Parcel Number: 003-42-060
  • Lot Acres: 0.1389
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6050.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6050.00
  • Soil: Unknown

Green Features

  • Energy Features: Ceiling Insulation, Double Pane Windows, Insulation - Floor, Insulation - Per Owner, Sealed Crawlspace, Tankless Water Heater

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Second Unit Description: Permitted

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
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%
Views
84
Current Estimated Value
$4,473,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$345,762
Avg. Annual Appreciation
5.10%

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
12.49%
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 Type Sale Price Title Company
Grant Deed $4,128,000 Old Republic Title
Grant Deed -- Old Republic Title Company
Grant Deed $2,000,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,200,000 New Conventional
Previous Owner $300,000 Commercial
Previous Owner $1,275,000 New Conventional
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

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 $50,464 $4,294,771 $3,121,200 $1,173,571
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

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Map

Source: MLSListings

MLS Number: ML81911931

MLSListings

APN: 003-42-060