NOT LISTED FOR SALE

1073 Cardinal Way Palo Alto, CA 94303

Midtown Palo Alto Neighborhood

Estimated Value: $2,895,000 - $4,736,000

4 Beds
3 Baths
2,513 Sq Ft
$1,592/Sq Ft Est. Value

Last Sold March 17, 2021

Last sale price $3,475,000 $1,383 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $26,044/month

3 Days on Market

Highlights

  • Deck
  • Contemporary Architecture
  • Radiant Floor
  • Palo Verde Elementary School Rated A+
  • Two Way Fireplace
  • High Ceiling

About This Home

As of March 2021

Absolutely gorgeous and elegant home in Palo Alto with uncompromising quality. The 4 bed/3 ba home was designed by renowned mid-century modern architect Karen Cullen and remodeled and extended by Scott Flegel Construction. This home was taken down to the studs and rebuilt with high-end quality construction that epitomizes modern construction principles with clean architectural lines, redwood siding, open floor plan, large floor to ceiling double pane windows, radiant floor pneumatic heating, new electrical and plumbing, bamboo floors & more. The sophisticated design & seamless inside-outside integration make this home an exceptionally rare opportunity for today's discerning buyer. The professionally designed landscaping w/ Trex deck, lawn area, & abundant fruit trees (espalier apple, lemon, persimmon, olive), outdoor lighting & Rachio smart home WIFI irrigation system offers a delightful setting for entertaining & family gatherings - California casual elegance at its best. Must see!

Last Agent to Sell the Property

Samia Cullen

Golden Gate Sotheby's International Realty License #01180821 Listed on: 02/13/2021

Golden Gate Sotheby's International Realty

Last Buyer's Agent

Margarita Millerman

Christie's International Real Estate Sereno License #01855943

Christie's International Real Estate Sereno

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $44,242

Year Built

  • 1954

Lot Details

  • 6,987 Sq Ft Lot
  • Gated Home
  • Back and Front Yard Fenced
  • Sprinklers on Timer

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Tar and Gravel Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,513 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • High Ceiling
  • Skylights
  • Two Way Fireplace
  • Gas Log Fireplace
  • Separate Family Room
  • Living Room with Fireplace
  • Combination Dining and Living Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Oven
  • Microwave

Flooring

  • Wood
  • Radiant Floor
  • Slate Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Dual Sinks
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Zoned Heating

Home Details

Home Type

Single Family

Est. Annual Taxes

$44,242

Year Built

1954

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Style: Contemporary
  • Age: 67
  • Listing Class: Residential
  • Structure Sq Ft: 2513
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1954

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Dual See Thru, Gas Log, Gas Starter, Living Room
  • Dining Room: Breakfast Bar, Dining Area In Living Room, Eat In Kitchen
  • Kitchen: Microwave, Oven - Built-In, Oven Range - Built-In, Gas, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 2513
  • Stories: 1
  • Bedrooms: Primary Bedroom On Ground Floor, More Than One Bedroom On Ground Floor, Walk-In Closet
  • Laundry: Inside, Washer, Washer / Dryer
  • Flooring: Hardwood, Slate
  • Additional Rooms: Laundry Room
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Full On Ground Floor, Primary - Stall Shower(s), Stall Shower, Tile, Tub

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Tar And Gravel
  • Yard/Grounds: Back Yard, Balcony / Patio, Deck, Fenced, Sprinklers - Auto, Sprinklers - Lawn
  • Fencing: Fenced, Fenced Back, Fenced Front, Gate

Garage/Parking

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

Utilities

  • Heating System: Fireplace, Heating - 2+ Zones, Individual Room Controls, Radiant Floors
  • Sewer/Septic System: Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Open Beam Ceiling, Skylight, Walk-In Closet

Schools

  • School District: Palo Alto Unified
  • Elementary School: Palo Verde Elementary
  • Middle School: Jane Lathrop Stanford Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 320
  • Middle School: 322

Lot Info

  • Lot Acres: 0.1604
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6988.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6988.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2021
Closed on
Mar 8, 2021
Sold by
Singh Raj Paul and Singh Shealan Devney
Bought by
Manickavasagam Venkatesh and Hemachandran Shalini
Seller's Agent
Samia Cullen
Golden Gate Sotheby's International Realty
Buyer's Agent
Margarita Millerman
Christie's International Real Estate Sereno
List Price
$3,398,000
Sold Price
$3,475,000
Premium/Discount to List
$77,000
2.27%
Total Days on Market
3
Current Estimated Value
$4,001,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$526,648
Avg. Annual Appreciation
3.38%
Original Mortgage
$2,258,750
Outstanding Balance
$2,032,388
Interest Rate
2.37%
Mortgage Type
New Conventional
Estimated Equity
$1,969,260

Purchase Details

Closed on
Jun 2, 2011
Sold by
Singh Raj and Singh Shealan Devney
Bought by
Singh Raj Paul and Singh Shealan Devney

Purchase Details

Closed on
Nov 21, 2008
Sold by
Singh Shealan Devney and Singh Raj
Bought by
Singh Raj and Singh Shealan Devney

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.04%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 14, 2007
Sold by
Singh Shealan Devney
Bought by
Singh Shealan Devney and Singh Raj

Purchase Details

Closed on
Apr 27, 2007
Sold by
Devney Margaret F
Bought by
Devney Margaret F
Source: Public Records

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Range of Values:

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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
Manickavasagam Venkatesh $3,475,000 Chicago Title Company
Singh Raj Paul -- None Available
Singh Raj -- Commonwealth Land Title Co
Singh Shealan Devney -- None Available
Singh Shealan Devney -- None Available
Singh Shealan Devney -- None Available
Devney Margaret F -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Manickavasagam Venkatesh $2,258,750
Previous Owner Singh Raj Paul $610,000
Previous Owner Singh Raj $666,000
Previous Owner Singh Raj $675,000
Previous Owner Singh Raj $515,000
Previous Owner Singh Raj $200,000
Previous Owner Singh Raj $513,000
Previous Owner Devney Margaret F $20,000
Previous Owner Devney Margaret F $470,000
Previous Owner Devney Margaret F $25,000
Previous Owner Devney Margaret F $435,000
Previous Owner Devney Margaret F $30,000
Previous Owner Devney Margaret F $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2021 03/17/21 Sold $3,475,000 +2.3% $1,383 / Sq Ft
02/17/2021 02/17/21 Pending -- -- --
02/13/2021 02/13/21 For Sale $3,398,000 -- $1,352 / 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
2024 $44,242 $3,687,697 $2,759,140 $928,557
2023 $43,592 $3,615,390 $2,705,040 $910,350
2022 $43,091 $3,544,500 $2,652,000 $892,500
2021 $5,123 $356,874 $56,747 $300,127
2020 $5,032 $353,216 $56,166 $297,050
2019 $4,970 $346,291 $55,065 $291,226
2018 $4,850 $339,502 $53,986 $285,516
2017 $4,762 $332,846 $52,928 $279,918
2016 $4,631 $326,321 $51,891 $274,430
2015 $4,578 $321,420 $51,112 $270,308
2014 $4,398 $315,125 $50,111 $265,014
Source: Public Records

Agents Affiliated with this Home

  • Samia Cullen

    Seller's Agent in 2021

    Samia Cullen

    Golden Gate Sotheby's International Realty

    (650) 384-5392

    2 in this area

    15 Total Sales

    Section Image
  • Margarita Millerman

    Buyer's Agent in 2021

    Margarita Millerman

    Sereno Group

    (408) 888-1788

    1 in this area

    20 Total Sales

    Margarita Millerman
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81829741

MLSListings

APN: 127-02-056

California Santa Clara County Palo Alto 94303 Midtown Palo Alto

1073 Cardinal Way, Palo Alto, CA

This home is located at 1073 Cardinal Way, Palo Alto, CA 94303 since 13 February 2021 and is currently estimated at $4,001,648, approximately $1,592 per square foot. This property was built in 1954. 1073 Cardinal Way 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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