NOT LISTED FOR SALE

1037 High St Palo Alto, CA 94301

University South Neighborhood

Estimated Value: $2,784,000 - $6,233,000

2 Beds
1 Bath
752 Sq Ft
$6,724/Sq Ft Est. Value

Last Sold November 28, 2017

Last sale price $2,385,000 $3,172 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $31,905/month

25 Days on Market

Highlights

  • Wood Flooring
  • Neighborhood Views
  • 2 Car Detached Garage
  • Addison Elementary School Rated A+
  • Balcony
  • Bathtub with Shower

About This Home

As of November 2017

Major Price Reduction! Prime location in the heart of Professorville just steps from downtown Palo Alto shops, restaurants, schools, parks, and Caltrain. This charming 1920's bungalow invites you with a welcoming porch and inside old world character featuring built-ins and warm wood floors. Enjoy existing or remodel/expand/ build new. Beyond the sunny yard and large detached 2 car garage is an alley that offers a variety of options for access/parking and Accessory Dwelling Unit (ADU).

Last Agent to Sell the Property

Shelly Roberson

Compass License #01143296 Listed on: 10/16/2017

Compass

Last Buyer's Agent

Ronald Van Seventer

Morgan Lashley Distinctive Properties License #01420703

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $52,251

Year Built

  • Built in 1920

Lot Details

  • 5,249 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot
  • Grass Covered Lot
  • Zoning described as R1

Parking

  • 2 Car Detached Garage

Home Design

  • Bungalow
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 752 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Neighborhood Views
  • Gas Oven
  • Laundry in Utility Room

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower
  • Bathtub Includes Tile Surround

Additional Features

  • Balcony
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 120-30-023

Home Details

Home Type

Single Family

Est. Annual Taxes

$52,251

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Bungalow
  • Age: 97
  • Listing Class: Residential
  • Structure Sq Ft: 752
  • Year Built: 1920
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area in Living Room
  • Kitchen: Oven Range - Gas
  • Living Sq Ft: 752
  • Stories: 1
  • Bedrooms: Ground Floor Bedroom
  • Laundry: In Utility Room
  • Flooring: Hardwood, Laminate, Wood
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Shower over Tub - 1, Tile

Exterior Features

  • Foundation: Concrete Perimeter, Pillars / Posts / Piers
  • Roof: Composition
  • View: Neighborhood
  • Yard/Grounds: Balcony / Patio, Fenced, Low Maintenance
  • Fencing: Partial Fencing
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Detached Garage

Utilities

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

Schools

  • School District: Palo Alto Unified

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 120-30-023
  • Lot Acres: 0.1205
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5250.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5250.00

Rental Info

  • Current Rent: 4095

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2017
Closed on
Nov 15, 2017
Sold by
Marks Jeffrey D and Marks Jean D
Bought by
Lin Stanley B and Lin Jean Lai
Seller's Agent
Shelly Roberson
Compass
Buyer's Agent
Ronald Van Seventer
Morgan Lashley Distinctive Properties
List Price
$2,700,000
Sold Price
$2,385,000
Premium/Discount to List
-$315,000
-11.67%
Current Estimated Value
$5,056,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,671,311
Avg. Annual Appreciation
10.18%

Purchase Details

Closed on
Oct 22, 2014
Sold by
Marks Jeffrey D and Marks Jean D
Bought by
Marks Family Trust and Marks Jean D

Purchase Details

Closed on
Jan 28, 1998
Sold by
Dickinson James D
Bought by
Dickinson James D
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
Lin Stanley B $2,385,000 Old Republic Title Company
Marks Family Trust -- None Available
Marks Jeffrey D -- None Available
Marks Jean D -- None Available
Dickinson James D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Stanley B $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/28/2017 11/28/17 Sold $2,385,000 -4.4% $3,172 / Sq Ft
11/11/2017 11/11/17 Pending -- -- --
11/08/2017 11/08/17 Price Changed $2,495,000 -7.6% $3,318 / Sq Ft
10/16/2017 10/16/17 For Sale $2,700,000 -- $3,590 / 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 $52,251 $4,457,139 $2,617,005 $1,840,134
2024 $52,251 $4,369,745 $2,565,692 $1,804,053
2023 $51,485 $4,284,065 $2,515,385 $1,768,680
2022 $50,895 $4,200,064 $2,466,064 $1,734,000
2021 $49,909 $4,117,710 $2,417,710 $1,700,000
2020 $35,556 $2,939,270 $2,392,920 $546,350
2019 $29,833 $2,432,700 $2,346,000 $86,700
2018 $29,013 $2,385,000 $2,300,000 $85,000
2017 $24,498 $1,998,618 $1,920,953 $77,665
2016 $23,856 $1,959,431 $1,883,288 $76,143
2015 $25,038 $2,050,000 $1,975,000 $75,000
2014 $3,609 $248,422 $169,004 $79,418
Source: Public Records

Agents Affiliated with this Home

  • Shelly Roberson

    Seller's Agent in 2017

    Shelly Roberson

    Compass

    (650) 464-3797

    82 Total Sales

    Shelly Roberson
    Section Image
  • Ronald Van Seventer

    Buyer's Agent in 2017

    Ronald Van Seventer

    Morgan Lashley Distinctive Properties

    (650) 464-9882

    1 Total Sale

    Ronald Van Seventer
    Section Image
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Map

Source: MLSListings

MLS Number: ML81681792

MLSListings

APN: 120-30-023

California Santa Clara County Palo Alto 94301 University South

1037 High St, Palo Alto, CA

This home is located at 1037 High St, Palo Alto, CA 94301 since 16 October 2017 and is currently estimated at $5,056,311, approximately $6,723 per square foot. This property was built in 1920. 1037 High St is a home located in Santa Clara County with nearby schools including Addison Elementary School, Frank S. Greene Jr. Middle, and Palo Alto High School.

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