Seller's Agent in 2021
Sherry Bucolo
Compass
(650) 207-9909
10 in this area
43 Total Sales
1044 Forest Ave Palo Alto, CA 94301
Crescent Park NeighborhoodEstimated Value: $6,207,351 - $6,754,000
3
Beds
3.5
Baths
3,146
Sq Ft
$2,045/Sq Ft
Est. Value
Highlights
- Craftsman Architecture
- Vaulted Ceiling
- Radiant Floor
- Addison Elementary School Rated A+
- Soaking Tub in Primary Bathroom
- Main Floor Bedroom
About This Home
As of August 2021This exquisitely designed Craftsman inspired home is beautifully set on a premier block in Crescent Park. Fantastic location just 4 blocks to vibrant downtown Palo Alto. Spacious floor plan offers 3 bedrooms (w/option for 4 bedroom). Extensively remodeled w/superior craftsmanship, this upscale home showcases impeccable detailing while seamlessly blending rich architecture & top of the line finishes. Gracious formal rooms w/rich millwork flow into the stunning gourmet kitchen & adjoining casual dining area. Luxurious master retreat w/sun drenched balcony is complemented by the spa-inspired limestone master bath. Picturesque outdoor setting boasts professionally landscaped grounds w/flagstone walkways & inviting deck. Additional amenities: radiant heated floors, automated Lutron lighting system, temperature controlled wine cellar, designer fixtures/hardware/window treatments throughout & whole home Sonos audio system w/built-in speakers. Truly a one-of-a-kind home in a coveted location!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $66,534
Year Built
- 1992
Lot Details
- 9,222 Sq Ft Lot
- Fenced
- Back Yard
Parking
- 1 Car Detached Garage
- Garage Door Opener
Home Design
- Craftsman Architecture
- Arts and Crafts Architecture
- Shingle Roof
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 3,146 Sq Ft Home
- 2-Story Property
- Vaulted Ceiling
- Skylights in Kitchen
- Gas Log Fireplace
- Double Pane Windows
- Living Room with Fireplace
- Formal Dining Room
- Alarm System
- Washer and Dryer
Kitchen
- Breakfast Area or Nook
- Open to Family Room
- Breakfast Bar
- Built-In Oven
- Dishwasher
- Wine Refrigerator
- Disposal
Flooring
- Wood
- Carpet
- Radiant Floor
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Main Floor Bedroom
- Walk-In Closet
- Bathroom on Main Level
- Soaking Tub in Primary Bathroom
- Oversized Bathtub in Primary Bathroom
- Walk-in Shower
Additional Features
- Balcony
- 135 SF Accessory Dwelling Unit
- Vented Exhaust Fan
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 25, 2021
Closed on
Aug 6, 2021
Sold by
Cromwell John P and Chiaro Donna L
Bought by
Zhang Xujie
Seller's Agent
Sherry Bucolo
Compass
Buyer's Agent
Jessie Li
Intero Real Estate Services
List Price
$5,900,000
Sold Price
$5,435,000
Premium/Discount to List
-$465,000
-7.88%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$998,088
Avg. Annual Appreciation
4.15%
Original Mortgage
$4,000,000
Outstanding Balance
$3,570,796
Interest Rate
1.75%
Mortgage Type
New Conventional
Estimated Equity
$2,862,292
Purchase Details
Closed on
Nov 19, 2013
Sold by
Cromwell John and Chiaro Donna
Bought by
Cromwell John P and Chiaro Donna L
Purchase Details
Closed on
Oct 13, 2005
Sold by
Omelveny & Myers Llp
Bought by
Cromwell John and Chiaro Donna
Purchase Details
Closed on
Nov 19, 2002
Sold by
Cote Ronald J and Hadley Geri
Bought by
Omelveny & Myers Llp
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,530,500
Interest Rate
5.89%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Zhang Xujie | $5,435,000 | Chicago Title Company | |
| Cromwell John P | -- | None Available | |
| Cromwell John | -- | Chicago Title | |
| Omelveny & Myers Llp | -- | Old Republic Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Zhang Xujie | $4,000,000 | |
| Previous Owner | Omelveny & Myers Llp | $2,530,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/16/2021 08/16/21 | Sold | $5,435,000 | -7.9% | $1,728 / Sq Ft |
| 07/19/2021 07/19/21 | Pending | -- | -- | -- |
| 05/25/2021 05/25/21 | For Sale | $5,900,000 | -- | $1,875 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
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 | $66,534 | $5,767,664 | $4,457,073 | $1,310,591 |
| 2024 | $66,534 | $5,654,574 | $4,369,680 | $1,284,894 |
| 2023 | $65,565 | $5,543,700 | $4,284,000 | $1,259,700 |
| 2022 | $64,827 | $5,435,000 | $4,200,000 | $1,235,000 |
| 2021 | $53,037 | $4,452,101 | $2,777,528 | $1,674,573 |
| 2020 | $51,909 | $4,406,451 | $2,749,048 | $1,657,403 |
| 2019 | $51,347 | $4,320,051 | $2,695,146 | $1,624,905 |
| 2018 | $49,911 | $4,235,345 | $2,642,300 | $1,593,045 |
| 2017 | $49,037 | $4,152,300 | $2,590,491 | $1,561,809 |
| 2016 | $47,752 | $4,070,884 | $2,539,698 | $1,531,186 |
| 2015 | $47,317 | $4,009,737 | $2,501,550 | $1,508,187 |
| 2014 | $46,912 | $3,901,781 | $2,452,549 | $1,449,232 |
Source: Public Records
Agents Affiliated with this Home
-
Sherry Bucolo
-
Christy Giuliacci
Seller Co-Listing Agent in 2021
Christy Giuliacci
Compass
(650) 380-5989
6 in this area
29 Total Sales
-
Jessie Li
Buyer's Agent in 2021
Jessie Li
Intero Real Estate Services
(408) 676-9889
1 in this area
75 Total Sales
Map
Source: MLSListings
MLS Number: ML81844920
APN: 003-21-025
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