$4,085,505 - $4,999,000
RENTED FEB 6, 2025
4 Beds
3 Baths
2,540 Sq Ft
$1,804 Price per Sq Ft

Highlights

  • Wood Flooring
  • Formal Dining Room
  • Shed
  • Walter Hays Elementary Rated A+
  • Open to Family Room
  • Forced Air Heating System

About This Home

As of February 2025

East Coast Charm in the Heart of Palo Alto Nestled on a quiet, tree-lined street in the prestigious Palo Alto Community Center, this classic home seamlessly blends timeless architecture with modern comforts. This 2,540-square-foot property includes a 3-bedroom, 2-bath main house and a detached 1-bedroom, 1-bath apartment with a full kitchen, perfect for guests, in-laws, or a home office. The main house features a spacious gourmet kitchen with premium appliances, a walk-in pantry, and a cozy dining nook. From the formal dining room to the expansive living room, the home invites comfort and versatility. A large downstairs bedroom can be transformed into a den or playroom, while the hardwood floors upstairs lead to two additional bedrooms. An unfinished basement offers the perfect space for a wine cellar or additional storage. Step outside to the beautifully manicured lawn and the detached garage with three bays, ideal for storage or a workshop. Above the garage, The Cottage provides a private retreat, adding flexibility for your living, guests, or workspace needs. Additional Details: Main house and cottage are leased together, no subletting. 1-year minimum lease. No pets, no smoking. This is a rare gem in a coveted location.

Last Agent to Rent the Property

Robert Purnell

Compass License #01351519 Listed on: 01/26/2025

Compass

Last Renter's Agent

Robert Purnell

Compass License #01351519 Listed on: 01/26/2025

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,126

Year Built

  • 1916

Lot Details

  • 8,316 Sq Ft Lot
  • Back Yard

Parking

  • 1 Car Garage
  • On-Street Parking

Interior Spaces

  • 2,540 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Washer and Dryer

Kitchen

  • Open to Family Room
  • Gas Oven
  • Gas Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Shed
  • Forced Air Heating System

Listing and Financial Details

  • Security Deposit $10,000
  • Property Available on 1/26/25
  • 11-Month Minimum Lease Term

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,126

Year Built

1916

Lot Details

0

Parking

1

Rental Info

  • Available: 01/26/2025
  • Lease Terms: Credit Report Required, Deposit Required
  • Minimum Lease Months: 11
  • Security Deposit: 10000

Listing Details

  • Subclass: House For Rent
  • Age: 109
  • Listing Class: Residential Lease/Rental
  • Structure Sq Ft: 2540
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1916

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Living Room
  • Dining Room: Formal Dining Room
  • Kitchen: Dishwasher, Cooktop - Gas, Oven - Gas
  • Fireplace: Yes
  • Living Sq Ft: 2540
  • Stories: 2
  • Laundry: Washer / Dryer
  • Flooring: Hardwood
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bedrooms: 4

Exterior Features

  • Yard/Grounds: Back Yard, Storage Shed / Structure

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 1
  • Garage Parking Features: Covered Parking, On Street

Utilities

  • Heating System: Central Forced Air

Schools

  • School District: Palo Alto Unified

Lot Info

  • Lot Acres: 0.1909
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8316.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8316.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 27, 2007
Sold by
Walsh Thomas A and Walsh Lynn H
Bought by
Burnett Michael S and Mercurio Sara
Current Estimated Value
$4,581,876

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.75%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 22, 1996
Sold by
Bragg Judith A
Bought by
Bragg Berl B and Bragg Judith A
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Burnett Michael S -- Chicago Title Company
Bragg Berl B -- --
Bragg Judith A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burnett Michael S $729,750
Closed Burnett Michael S $370,250
Closed Burnett Michael S $100,000
Closed Burnett Michael S $1,000,000
Previous Owner Walsh Thomas A $250,000
Previous Owner Walsh Thomas A $703,000
Previous Owner Walsh Thomas A $650,000
Previous Owner Walsh Thomas A $650,000
Previous Owner Walsh Thomas A $650,000
Previous Owner Walsh Thomas A $60,000
Previous Owner Walsh Thomas A $650,000
Previous Owner Walsh Thomas $25,000
Previous Owner Walsh Thomas A $682,000
Previous Owner Walsh Thomas A $690,000
Previous Owner Walsh Thomas A $602,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2025 02/06/25 Rented $8,250 0.0% --
02/06/2025 02/06/25 Under Contract -- -- --
01/26/2025 01/26/25 For Rent $8,250 +3.8% --
05/14/2023 05/14/23 Rented $7,950 0.0% --
05/14/2023 05/14/23 Under Contract -- -- --
05/10/2023 05/10/23 For Rent $7,950 -- --
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 $36,126 $2,996,615 $2,575,524 $421,091
2023 $35,594 $2,937,859 $2,525,024 $412,835
2022 $35,183 $2,880,255 $2,475,514 $404,741
2021 $34,489 $2,823,780 $2,426,975 $396,805
2020 $33,773 $2,794,827 $2,402,090 $392,737
2019 $33,401 $2,740,028 $2,354,991 $385,037
2018 $32,478 $2,686,303 $2,308,815 $377,488
2017 $31,908 $2,633,632 $2,263,545 $370,087
2016 $31,072 $2,581,993 $2,219,162 $362,831
2015 $30,770 $2,543,210 $2,185,829 $357,381
2014 $30,168 $2,493,393 $2,143,012 $350,381
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81991782

MLSListings

APN: 003-44-020