NOT LISTED FOR SALE

1068 Amarillo Ave Palo Alto, CA 94303

Midtown Palo Alto Neighborhood

Estimated Value: $2,505,000 - $3,029,814

3 Beds
1 Bath
1,069 Sq Ft
$2,670/Sq Ft Est. Value

Last Sold July 01, 2020

Last sale price $2,070,000 $1,936 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $17,778/month

40 Days on Market

Highlights

  • Skyline View
  • Eichler Home
  • High Ceiling
  • Palo Verde Elementary School Rated A+
  • Solid Surface Bathroom Countertops
  • 2-minute walk to Greer Park

About This Home

As of July 2020

MID-MOD DREAM HOME IN MIDTOWN | Saturated with warm natural light, this Eichler-built residence intertwines Mid-Century Modern style with comfort and convenience. The home occupies a sought after Midtown setting and offers original details like floor-to-ceiling windows and beamed ceilings. A private entry leads into the open-concept layout, which boasts a wall of glass and outdoor access. Included are central AC, forced heat, and a carport with space for two cars. The capacious lot size is perfect for expansion, showcasing a sizable backyard surrounded by mature foliage for privacy. Beautiful Greer Park, Midtown Shopping Center, and shopping and fine dining on exciting California Avenue are just moments away. Residents also enjoy easy access to Interstate 101, Caltrain, Stanford University, and exceptional Palo Alto schools like Palo Verde Elementary, JLS Middle, and Palo Alto High (buyer to verify attendance).

Last Agent to Sell the Property

Theresa Couture

Coldwell Banker Realty License #01090940 Listed on: 03/26/2020

Coldwell Banker Realty

Last Buyer's Agent

Rayyan Fani

Compass License #01951679

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,733

Year Built

  • Built in 1951

Lot Details

  • 6,495 Sq Ft Lot
  • Wood Fence
  • Level Lot
  • Grass Covered Lot
  • Zoning described as R1

Property Views

  • Skyline
  • Hills
  • Garden

Home Design

  • Eichler Home
  • Slab Foundation
  • Wood Frame Construction
  • Tar and Gravel Roof

Interior Spaces

  • 1,069 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Wood Burning Fireplace
  • Great Room
  • Living Room with Fireplace
  • Dining Area
  • Gas Oven

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom
  • Solid Surface Bathroom Countertops
  • Bathtub with Shower

Laundry

  • Laundry Located Outside
  • Washer

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces
  • On-Street Parking
  • Off-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 127-04-071

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,733

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Style: Eichler
  • Age: 69
  • Listing Class: Residential
  • Structure Sq Ft: 1069
  • Year Built: 1951
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room, Wood Burning
  • Dining Room: Dining Area
  • Kitchen: Oven - Electric, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 1069
  • Stories: 1
  • Bedrooms: More than One Bedroom on Ground Floor
  • Laundry: Outside, Washer
  • Flooring: Carpet, Tile
  • Additional Rooms: Great Room
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Full on Ground Floor, Shower and Tub, Skylight, Solid Surface
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tar and Gravel
  • View: Garden / Greenbelt, Hills
  • Yard/Grounds: Low Maintenance
  • Fencing: Mixed Height / Type, Wood
  • Construction Type: Wood Frame

Garage/Parking

  • Parking Spaces: 2
  • Garage Parking Features: Covered Parking, Off-Street Parking, On Street
  • Carport Min: 2

Utilities

  • Cooling System: Central AC
  • Heating System: Forced Air, Gas
  • Sewer/Septic System: Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: High Ceiling

Schools

  • School District: Palo Alto Unified
  • Middle School: Jane Lathrop Stanford Middle
  • High School: Palo Alto High
  • High School: 327
  • Middle School: 322

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 127-04-071
  • Lot Acres: 0.1491
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6495.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6495.00

Multi Family

  • Utilities: Natural Gas

MLS Schools

  • High School District Text: Palo Alto Unified
  • High School Text: Palo Alto High
  • Middle School Text: Jane Lathrop Stanford Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2020
Closed on
Jun 19, 2020
Sold by
Cobb Constance and The Irma C Sharman Trust
Bought by
Cheung Andrew and Chiu Rowena
Seller's Agent
Theresa Couture
Coldwell Banker Realty
Buyer's Agent
Rayyan Fani
Compass
List Price
$2,198,000
Sold Price
$2,070,000
Premium/Discount to List
-$128,000
-5.82%
Current Estimated Value
$2,853,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$783,954
Avg. Annual Appreciation
6.42%
Original Mortgage
$1,000,000
Outstanding Balance
$890,330
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$1,963,624

Purchase Details

Closed on
Oct 3, 1997
Sold by
Irma Sharman
Bought by
Sharman Irma C
Source: Public Records

Range of Values:

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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
Cheung Andrew $2,070,000 First American Title Company
Sharman Irma C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cheung Andrew $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2020 07/01/20 Sold $2,070,000 -5.8% $1,936 / Sq Ft
05/06/2020 05/06/20 Pending -- -- --
03/26/2020 03/26/20 For Sale $2,198,000 -- $2,056 / 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 $26,733 $2,240,633 $2,197,337 $43,296
2024 $26,733 $2,196,700 $2,154,252 $42,448
2023 $26,338 $2,153,628 $2,112,012 $41,616
2022 $26,030 $2,111,400 $2,070,600 $40,800
2021 $25,516 $2,070,000 $2,030,000 $40,000
2020 $27,371 $2,244,000 $2,142,000 $102,000
2019 $1,639 $65,814 $32,907 $32,907
2018 $1,613 $64,524 $32,262 $32,262
2017 $1,582 $63,260 $31,630 $31,630
2016 $1,533 $62,020 $31,010 $31,010
2015 $1,509 $61,090 $30,545 $30,545
2014 $1,378 $59,894 $29,947 $29,947
Source: Public Records

Agents Affiliated with this Home

  • Theresa Couture

    Seller's Agent in 2020

    Theresa Couture

    Coldwell Banker Realty

    (650) 996-5277

    34 Total Sales

    Theresa Couture
    Section Image

  • R

    Buyer's Agent in 2020

    Rayyan Fani

    Compass

    Section Image
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Map

Source: MLSListings

MLS Number: ML81787885

MLSListings

APN: 127-04-071

California Santa Clara County Palo Alto 94303 Midtown Palo Alto

1068 Amarillo Ave, Palo Alto, CA

This home is located at 1068 Amarillo Ave, Palo Alto, CA 94303 since 26 March 2020 and is currently estimated at $2,853,954, approximately $2,669 per square foot. This property was built in 1951. 1068 Amarillo Ave is a home located in Santa Clara County with nearby schools including Palo Verde Elementary School, Jane Lathrop Stanford Middle School, and Palo Alto High School.

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