NOT LISTED FOR SALE

1042 University Ave Palo Alto, CA 94301

Crescent Park Neighborhood

Estimated Value: $6,670,000 - $7,703,000

4 Beds
4 Baths
3,767 Sq Ft
$1,964/Sq Ft Est. Value

About This Home

This home is located at 1042 University Ave, Palo Alto, CA 94301 and is currently estimated at $7,397,661, approximately $1,963 per square foot. 1042 University Ave 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 23, 2009
Sold by
Merk Alexander G and Merk Hanna Tikkanen
Bought by
Merk Alexander G and Merk Hanna Tikkanen
Current Estimated Value
$7,397,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,796,250
Interest Rate
5.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2009
Sold by
American Trust & Savings Bank
Bought by
Merk Alexander G and Merk Hanna Tikkanen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,796,250
Interest Rate
5.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2007
Sold by
Greater Bay Trust Co
Bought by
American Trust & Savings Bank and The Rickey Elective Marital Deduction Tr

Purchase Details

Closed on
Nov 12, 2007
Sold by
Rickey Lorraine C
Bought by
American Trust & Savings Bank and The Lorraine C Rickey Trust

Purchase Details

Closed on
May 5, 1997
Sold by
Comerica Bank
Bought by
Greater Bay Trust Company and The Rickey Elective Marital Deduction Tr

Purchase Details

Closed on
Mar 3, 1994
Sold by
Aufmuth Lawrence A
Bought by
University National Bank & Trust Company

Purchase Details

Closed on
Sep 27, 1993
Sold by
Rickey Lorraine C
Bought by
Rickey Lorraine C
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Merk Alexander G -- None Available
Merk Alexander G -- Chicago Title Company
American Trust & Savings Bank -- None Available
American Trust & Savings Bank -- None Available
American Trust & Savings Bank -- None Available
Greater Bay Trust Company -- --
Greater Bay Trust Company -- --
University National Bank & Trust Company -- --
University National Bank & Trust Company -- --
Rickey Lorraine C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merk Alexander G $1,796,250
Source: Public Records

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 $45,919 $3,907,083 $2,839,809 $1,067,274
2024 $45,919 $3,830,475 $2,784,127 $1,046,348
2023 $45,245 $3,755,369 $2,729,537 $1,025,832
2022 $44,725 $3,681,735 $2,676,017 $1,005,718
2021 $43,844 $3,609,546 $2,623,547 $985,999
2020 $42,929 $3,572,535 $2,596,646 $975,889
2019 $42,457 $3,502,486 $2,545,732 $956,754
2018 $41,279 $3,433,811 $2,495,816 $937,995
2017 $40,555 $3,366,482 $2,446,879 $919,603
2016 $39,495 $3,300,473 $2,398,901 $901,572
2015 $39,113 $3,250,898 $2,362,868 $888,030
2014 $38,459 $3,187,218 $2,316,583 $870,635
Source: Public Records

Map

California Santa Clara County Palo Alto 94301 Crescent Park

1042 University Ave, Palo Alto, CA

This home is located at 1042 University Ave, Palo Alto, CA 94301 and is currently estimated at $7,397,661, approximately $1,963 per square foot. 1042 University Ave 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes