NOT LISTED FOR SALE

Estimated Value: $3,762,200 - $4,423,000

3 Beds
2 Baths
1,660 Sq Ft
$2,433/Sq Ft Est. Value

Last Sold March 29, 2021

Last sale price $3,462,500 $2,086 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $25,329/month

Highlights

  • Skyline View
  • Contemporary Architecture
  • Marble Flooring
  • Addison Elementary School Rated A+
  • Vaulted Ceiling
  • Marble Bathroom Countertops

About This Home

As of March 2021

Light-filled three bedroom, two bathroom in Crescent Park with transitional design combining todays best modern conveniences with designer details honoring its original traditional roots. The heart of the home is a vaulted-ceiling great room with open-concept dining and bar area, a Chefs dream kitchen with top-of-the-line appliances and an oversized island, a dining area with custom bar and U-line fridge, a formal living room with a reading nook, and a family room with glass doors that dramatically extend the living space outside to a wonderful rear patio and yard. The primary bedroom suite has a gorgeous bay window seat, tray ceiling, dual walk-in closets, and a spa-like bathroom. Lovely andeco-conscious landscaping surrounds the 1,660 sq. ft. home thats perfectly situated on a 5,000 sq. ft. lot. Fantastic location close to downtown Palo Alto, Stanford, and parks. Excellent schools: Addison Elementary, Greene Middle, Palo Alto High.

Last Agent to Sell the Property

Brian Chancellor

Christie's International Real Estate Sereno License #01174998 Listed on: 03/04/2021

Christie's International Real Estate Sereno

Last Buyer's Agent

RECIP

Out of Area Office License #00000000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,830

Year Built

  • 1954

Lot Details

  • 5,049 Sq Ft Lot

Home Design

  • Contemporary Architecture
  • Traditional Architecture
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,660 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Skylights in Kitchen
  • Double Pane Windows
  • Bay Window
  • Mud Room
  • Great Room
  • Dining Area
  • Skyline Views
  • Crawl Space
  • Monitored
  • Laundry Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Oven
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Radiant Floor
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Marble Bathroom Countertops
  • Dual Sinks
  • Dual Flush Toilets
  • Low Flow Toliet
  • Bathtub with Shower
  • Walk-in Shower

Parking

  • 2 Parking Spaces
  • On-Street Parking
  • Off-Street Parking

Utilities

  • Forced Air Heating System
  • Thermostat

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,830

Year Built

1954

Lot Details

0

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Style: Contemporary, Traditional
  • Age: 67
  • Listing Class: Residential
  • Structure Sq Ft: 1660
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1954

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: Breakfast Bar, Dining Area, Dining Bar, Eat In Kitchen, Skylight
  • Kitchen: Cooktop - Gas, Countertop - Quartz, Dishwasher, Garbage Disposal, Hood Over Range, Island, Microwave, Oven - Built-In, Oven - Gas, Skylight, Wine Refrigerator
  • Living Sq Ft: 1660
  • Stories: 1
  • Security: Security Alarm, Video / Audio System
  • Laundry: In Utility Room, Inside
  • Flooring: Hardwood, Marble, Tile
  • Additional Rooms: Great Room, Laundry Room, Mud Room
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Dual Flush Toilet, Marble, Primary - Stall Shower(s), Shower And Tub, Skylight, Updated Bath

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space
  • Roof: Composition

Garage/Parking

  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage, Off-Street Parking, On Street

Utilities

  • Heating System: Central Forced Air, Radiant Floors
  • Sewer/Septic System: Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Bay Window, Skylight, Vaulted Ceiling, Walk-In Closet

Schools

  • School District: Palo Alto Unified
  • Elementary School: Addison Elementary
  • Middle School: Frank S. Greene Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 309
  • Middle School: 329

Lot Info

  • Lot Acres: 0.1159
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5050.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5050.00

Green Features

  • Energy Features: Double Pane Windows, Low Flow Toilet, Skylight, Thermostat Controller

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2022
Sold by
Scott Joachim
Bought by
Sj Family Trust
Current Estimated Value
$4,039,550

Purchase Details

Listed on
Mar 4, 2021
Closed on
Mar 16, 2021
Sold by
Payne Ryan Patrick and Payne Ann Pickard
Bought by
Joachim Scott
Seller's Agent
Brian Chancellor
Christie's International Real Estate Sereno
Buyer's Agent
RECIP
Out of Area Office
List Price
$3,500,000
Sold Price
$3,462,500
Premium/Discount to List
-$37,500
-1.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.60%
Original Mortgage
$3,115,903
Interest Rate
2.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 4, 2021
Closed on
Feb 22, 2021
Sold by
Joachim Amy
Bought by
Joachim Scott
Seller's Agent
Brian Chancellor
Christie's International Real Estate Sereno
Buyer's Agent
RECIP
Out of Area Office
List Price
$3,500,000
Sold Price
$3,462,500
Premium/Discount to List
-$37,500
-1.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,115,903
Interest Rate
2.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 26, 2015
Closed on
Apr 9, 2015
Sold by
Lambie Richard H
Bought by
Payne Ryan Patrick and Payne Ann Pickard
Seller's Agent
Brian Chancellor
Christie's International Real Estate Sereno
Buyer's Agent
Leslie Woods
Christie's International Real Estate Sereno
List Price
$2,095,000
Sold Price
$2,750,000
Premium/Discount to List
$655,000
31.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.94%
Original Mortgage
$750,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2007
Sold by
Nicholas Clarence G
Bought by
Nicholas Clarence G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,185
Interest Rate
6.05%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Feb 9, 2006
Sold by
Nicholas Clarence G
Bought by
Nicholas Clarence G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
7%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 4, 2005
Sold by
Nicholas Clarence G
Bought by
Nicholas Clarence G

Purchase Details

Closed on
Jul 17, 1998
Sold by
Clarence Nicholas
Bought by
Nicholas Gladys M and Nicholas Clarence G
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
Sj Family Trust -- Venable Llp
Joachim Scott $3,462,500 Chicago Title Company
Joachim Scott -- Chicago Title Company
Payne Ryan Patrick $2,750,000 Chicago Title Company
Nicholas Clarence G -- Old Republic Title Company
Nicholas Clarence G -- Chicago Title Co
Nicholas Clarence G -- Chicago Title Co
Nicholas Clarence G -- --
Nicholas Gladys M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Joachim Scott $3,115,903
Previous Owner Payne Ryan Patrick $740,000
Previous Owner Payne Ryan Patrick $736,000
Previous Owner Payne Ryan Patrick $750,000
Previous Owner Nicholas Clarence G $544,185
Previous Owner Nicholas Clarence G $205,000
Previous Owner Nicholas Clarence $58,000
Previous Owner Nicholas Clarence $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2021 03/29/21 Sold $3,462,500 -1.1% $2,086 / Sq Ft
03/04/2021 03/04/21 Pending -- -- --
03/04/2021 03/04/21 For Sale $3,500,000 +27.3% $2,108 / Sq Ft
04/15/2015 04/15/15 Sold $2,750,000 +31.3% $1,808 / Sq Ft
04/01/2015 04/01/15 Pending -- -- --
03/26/2015 03/26/15 For Sale $2,095,000 -- $1,377 / 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 $39,830 $3,747,920 $3,206,704 $541,216
2024 $39,830 $3,305,000 $2,827,700 $477,300
2023 $39,656 $3,275,000 $2,802,000 $473,000
2022 $43,022 $3,531,750 $3,021,750 $510,000
2021 $37,625 $3,080,193 $2,720,293 $359,900
2020 $36,761 $3,048,610 $2,692,400 $356,210
2019 $36,356 $2,988,834 $2,639,608 $349,226
2018 $35,350 $2,930,230 $2,587,851 $342,379
2017 $34,729 $2,872,775 $2,537,109 $335,666
2016 $33,627 $2,799,937 $2,487,362 $312,575
2015 $1,026 $77,418 $36,691 $40,727
2014 $955 $75,903 $35,973 $39,930
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81832582

MLSListings

APN: 003-21-053