1031 Embarcadero Rd Palo Alto, CA 94303
Duveneck-Saint Francis Neighborhood
3
Beds
1
Bath
1,721
Sq Ft
6,020
Sq Ft Lot
Highlights
- Wood Flooring
- 2 Car Detached Garage
- Floor Furnace
- Duveneck Elementary School Rated A+
- Eat-In Kitchen
- Wood Burning Fireplace
About This Home
As of March 2023Built in 1948, this 1,721 sq ft (per county) house needs to be rehabbed or replaced. Excellent opportunity to build a new, larger 2,565 sq ft (per city) dream home on a 6,050 sq ft (per city) lot in the prime Duveneck-St. Francis neighborhood of Palo Alto. Nationally renowned schools: Duveneck Elementary (ranked #2 in state, within walking distance), Greene (formerly Jordan) Middle, Palo Alto High, and Stanford. Edgewood Shopping Center within walking distance. All the amenities of Palo Alto, including parks and athletic facilities, are close to this home. Google, Facebook, Amazon, Stanford, Intel, Synopsys, Lockheed, NASA, Linkedin, Apple, and many other high-tech employers within easy commute. Freeway access nearby. Great opportunity for developer or builder. Lot fully developed for utilities, but service to house is off and meters removed for safety. Buyer to independently verify all relevant info and details related to the property, including permits and square footage.
Last Agent to Sell the Property
Sherry Chu
Corcoran Icon Properties License #01894684 Listed on: 04/23/2018
Last Buyer's Agent
Rita Redford
Coldwell Banker Realty License #01327279
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $50,464
Year Built
- Built in 1948
Lot Details
- 6,020 Sq Ft Lot
- Back Yard
- Zoning described as R1
Parking
- 2 Car Detached Garage
Home Design
- Fixer Upper
- Wood Frame Construction
- Composition Roof
- Concrete Perimeter Foundation
- Stucco
Interior Spaces
- 1,721 Sq Ft Home
- 2-Story Property
- Wood Burning Fireplace
- Living Room with Fireplace
- Crawl Space
- Eat-In Kitchen
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Laundry
- Laundry in unit
- Electric Dryer Hookup
Utilities
- Floor Furnace
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%
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
$317,039
Avg. Annual Appreciation
3.52%
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
12.04%
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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
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
-
Seller's Agent in 2023
Judy Shen
Coldwell Banker Realty
(650) 380-2000
1 in this area
27 Total Sales
-
S
Seller's Agent in 2018
Sherry Chu
Corcoran Icon Properties
-
R
Buyer's Agent in 2018
Rita Redford
Coldwell Banker Realty
Map
Source: MLSListings
MLS Number: ML81702041
APN: 003-42-060
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