$4,196,550 - $4,897,000
RENTED FEB 6, 2025
4 Beds
3 Baths
2,540 Sq Ft
$1,804 Price per Sq Ft

About This Home

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.

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
$4,581,638

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:

Collateral Analytics

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ICE

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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 -- --

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

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