NOT LISTED FOR SALE

1068 Loma Verde Ave Palo Alto, CA 94303

Palo Verde Neighborhood

Estimated Value: $2,644,000 - $3,475,000

4 Beds
2.5 Baths
1,412 Sq Ft
$2,301/Sq Ft Est. Value

Last Sold May 20, 2016

Last sale price $1,802,000 $1,276 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $19,834/month

39 Days on Market

Highlights

  • Attic
  • Balcony
  • Eat-In Kitchen
  • Palo Verde Elementary School Rated A+
  • Enclosed Patio or Porch
  • Bathtub with Shower

About This Home

As of May 2016

Stunning 4 bedroom, 2.5 bathroom, 1412 square feet Palo Alto home in the coveted Palo Verde neighborhood, on an oversized, private lot. Master bedroom and bathroom is upstairs, and three bedrooms are down. Features new carpet and paint, and ceiling fans throughout. Special features and energy saving features include a gorgeous bay window, solar tubes, a low maintenance, time saving, synthetic lawn.

Last Agent to Sell the Property

Jessica Foote

Berkshire Hathaway HomeServices CA Properties License #01861694 Listed on: 03/16/2016

Berkshire Hathaway HomeServices CA Properties

Last Buyer's Agent

Linda Xu

BayOne Real Estate Investment Corporation License #01425342

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,578

Year Built

  • Built in 1963

Lot Details

  • 9,714 Sq Ft Lot
  • Level Lot
  • Drought Tolerant Landscaping
  • Grass Covered Lot
  • Back Yard Fenced
  • May Be Possible The Lot Can Be Split Into 2+ Parcels
  • Zoning described as R1

Parking

  • 2 Car Garage
  • Workshop in Garage
  • On-Street Parking

Home Design

  • Slab Foundation
  • Foam Roof

Interior Spaces

  • 1,412 Sq Ft Home
  • 2-Story Property
  • Formal Entry
  • Dining Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Formica Countertops

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathtub with Shower

Outdoor Features

  • Balcony
  • Enclosed Patio or Porch
  • Shed

Utilities

  • Wall Furnace
  • Vented Exhaust Fan

Listing and Financial Details

  • Assessor Parcel Number 127-09-050

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,578

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 53
  • Listing Class: Residential
  • Structure Sq Ft: 1412
  • Incorporated: Yes
  • Year Built: 1963
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Dining Room: Eat in Kitchen, No Formal Dining Room
  • Kitchen: Cooktop - Electric, Countertop - Formica, Exhaust Fan, Microwave, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 1412
  • Stories: 2
  • Laundry: Hookup - Washer/Dryer
  • Flooring: Carpet, Tile, Vinyl / Linoleum
  • Additional Rooms: Attic, Formal Entry
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Shower and Tub

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Foam
  • Yard/Grounds: Back Yard, Balcony / Patio, Drought Tolerant Plants, Fenced, Low Maintenance, Porch - Enclosed, Storage Shed / Structure
  • Fencing: Fenced, Fenced Back

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, On Street, Workshop in Garage

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Schools

  • School District: Palo Alto Unified
  • Elementary School: Palo Verde Elementary
  • Middle School: Jane Lathrop Stanford Middle
  • High School: Henry M. Gunn High
  • High School: 325
  • Elementary School: 320
  • Middle School: 322

Lot Info

  • Lot Description: Grade - Level, Possible Lot Split
  • Parcel Number: 127-09-050
  • Lot Acres: 0.2230
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9696.46
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9696.46

Multi Family

  • Utilities: Natural Gas, Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Palo Verde Elementary
  • High School Text: Henry M. Gunn High
  • Middle School Text: Jane Lathrop Stanford Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2016
Closed on
May 12, 2016
Sold by
Brarnlett Ronald E and Bramlett Reginald W
Bought by
Wang Bingyin and Xu Lijun
Seller's Agent
Jessica Foote
Berkshire Hathaway HomeServices CA Properties
Buyer's Agent
Linda Xu
BayOne Real Estate Investment Corporation
List Price
$1,850,000
Sold Price
$1,802,000
Premium/Discount to List
-$48,000
-2.59%
Current Estimated Value
$3,248,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,446,821
Avg. Annual Appreciation
6.69%

Purchase Details

Closed on
Nov 9, 2010
Sold by
Bramlett Mary L
Bought by
Bramlett Mary L

Purchase Details

Closed on
Feb 23, 2009
Sold by
Bramlett Mary L
Bought by
Bramlett Mary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$329,000
Interest Rate
4.91%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Wang Bingyin $1,802,000 Chicago Title Company
Bramlett Mary L -- None Available
Bramlett Mary L -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bramlett Mary L $329,000
Previous Owner Bramlett George E $185,126
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2016 05/20/16 Sold $1,802,000 -2.6% $1,276 / Sq Ft
04/25/2016 04/25/16 Pending -- -- --
04/25/2016 04/25/16 For Sale $1,850,000 0.0% $1,310 / Sq Ft
04/23/2016 04/23/16 Pending -- -- --
04/20/2016 04/20/16 Price Changed $1,850,000 -9.8% $1,310 / Sq Ft
03/16/2016 03/16/16 For Sale $2,050,000 -- $1,452 / 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 $25,578 $2,133,196 $2,103,605 $29,591
2024 $25,578 $2,091,369 $2,062,358 $29,011
2023 $25,201 $2,050,363 $2,021,920 $28,443
2022 $24,908 $2,010,161 $1,982,275 $27,886
2021 $24,418 $1,970,747 $1,943,407 $27,340
2020 $23,917 $1,950,540 $1,923,480 $27,060
2019 $23,652 $1,912,295 $1,885,765 $26,530
2018 $23,007 $1,874,800 $1,848,790 $26,010
2017 $22,521 $1,838,040 $1,812,540 $25,500
2016 $1,738 $72,550 $29,051 $43,499
2015 $1,631 $71,461 $28,615 $42,846
2014 $1,499 $70,062 $28,055 $42,007
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Jessica Foote

    Berkshire Hathaway HomeServices CA Properties

    Section Image

  • L

    Buyer's Agent in 2016

    Linda Xu

    BayOne Real Estate Investment Corporation

    Section Image
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Map

Source: MLSListings

MLS Number: ML81565545

MLSListings

APN: 127-09-050

California Santa Clara County Palo Alto 94303 Palo Verde

1068 Loma Verde Ave, Palo Alto, CA

This home is located at 1068 Loma Verde Ave, Palo Alto, CA 94303 since 16 March 2016 and is currently estimated at $3,248,821, approximately $2,300 per square foot. This property was built in 1963. 1068 Loma Verde Ave is a home located in Santa Clara County with nearby schools including Palo Verde Elementary School, Jane Lathrop Stanford Middle School, and Henry M. Gunn High School.

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