NOT LISTED FOR SALE

Estimated Value: $3,229,000 - $3,810,000

4 Beds
2 Baths
1,733 Sq Ft
$2,004/Sq Ft Est. Value

Last Sold February 28, 2017

Last sale price $2,020,000 $1,166 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $20,766/month

11 Days on Market

Highlights

  • Wood Flooring
  • Detached Garage
  • Forced Air Heating and Cooling System
  • Duveneck Elementary School Rated A+
  • Bathtub with Shower
  • Combination Dining and Living Room

About This Home

As of February 2017

Options abound with this well-maintained home. While it is a 4BR/2BA home, It can be configured as a 3 BR/1BA house with the attached 4th BR & its Bath functioning as a separate Granny unit with a sep entrance, possibly as a rental unit. Or, the Granny unit can become the home's MBR/BA, reached through 1 of the original connecting BRs that could then be used as an office, nursery, or Master Sitting Area. The original Garage was converted to a step-down Fam Rm/Laundry off the Kitchen. The home boasts fresh paint, new carpet, new light fixtures, a fireplace in the Liv Rm/Dining, dual lavatories in the MBA, air conditioning, & a two-car Carport. The spacious lot suggests many opportunities, & the community location is ideal, with walkable shopping at the Edgewood Shopg Cntr, easy access to 101 & Silicon Valley & to downtown PA & all it offers. The outstanding Palo Alto schools serving this location are Duveneck Elem, Jordan Middle, & Palo Alto HS (Buyer to confirm availability)

Last Agent to Sell the Property

Jolaine & Jack Woodson

Compass License #70000275 Listed on: 01/18/2017

Last Buyer's Agent

Supriya Gavande

Compass License #01856590

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,009

Year Built

  • Built in 1948

Lot Details

  • 7,187 Sq Ft Lot
  • Fenced
  • Level Lot
  • Irrigation
  • Back Yard
  • Zoning described as R1

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,733 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Separate Family Room
  • Combination Dining and Living Room
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Electric Oven
  • Dishwasher
  • Laminate Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks
  • Bathtub with Shower
  • Bathtub Includes Tile Surround

Parking

  • Detached Garage
  • 2 Carport Spaces
  • No Garage

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted To A Wall/Window
  • Vented Exhaust Fan
  • Separate Meters
  • Individual Gas Meter
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 003-42-053

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,009

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Age: 69
  • Listing Class: Residential
  • Structure Sq Ft: 1733
  • Year Built: 1948
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining Area in Living Room
  • Kitchen: Countertop - Laminate, Dishwasher, Exhaust Fan, Garbage Disposal, Oven Range - Electric
  • Living Sq Ft: 1733
  • Stories: 1
  • Laundry: Hookup - Electric, Hookups Only
  • Flooring: Carpet, Hardwood, Tile, Vinyl / Linoleum
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Shower and Tub, Tile
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space
  • Roof: Composition, Shingle
  • Yard/Grounds: Back Yard, Fenced
  • Fencing: Mixed Height / Type
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Parking Features: Carport, Detached Garage, No Garage
  • Carport Min: 2

Utilities

  • Cooling System: Central AC, Window / Wall Unit
  • Heating System: Central Forced Air - Gas, Electric, Heating - 2+ Units
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Schools

  • School District: Palo Alto Unified
  • Elementary School: Duveneck Elementary
  • Middle School: David Starr Jordan Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 311
  • Middle School: 329

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 003-42-053
  • Lot Acres: 0.1650
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7194.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7194.00
  • Soil: Unknown

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Natural Gas, Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Duveneck Elementary
  • High School Text: Palo Alto High
  • Middle School Text: David Starr Jordan Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 25, 2017
Sold by
Wang Xiaoming and Chen Liping
Bought by
Wang Xiaoming and Chen Liping
Total Days on Market
11
Current Estimated Value
$3,473,069

Purchase Details

Listed on
Jan 18, 2017
Closed on
Feb 21, 2017
Sold by
Comerica Bank & Trust Na
Bought by
Wang Xiaoming and Chen Liping
Seller's Agent
Jolaine & Jack Woodson
Compass
Buyer's Agent
Supriya Gavande
Compass
List Price
$2,020,000
Sold Price
$2,020,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.83%
Original Mortgage
$1,313,000
Outstanding Balance
$1,100,927
Interest Rate
4.23%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,132,001

Purchase Details

Closed on
Jun 6, 2002
Sold by
Anderson Marguerite L
Bought by
Anderson Marguerite L and The 1988 Anderson Living Trust
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
Wang Xiaoming -- None Available
Wang Xiaoming $2,020,000 Chicago Title Co Palo Alto
Anderson Marguerite L -- --
Anderson Marguerite L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Xiaoming $1,313,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2017 02/28/17 Sold $2,020,000 0.0% $1,166 / Sq Ft
01/30/2017 01/30/17 Pending -- -- --
01/18/2017 01/18/17 For Sale $2,020,000 -- $1,166 / 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 $28,009 $2,298,411 $2,218,765 $79,646
2023 $27,597 $2,253,345 $2,175,260 $78,085
2022 $27,277 $2,209,162 $2,132,608 $76,554
2021 $26,740 $2,165,846 $2,090,793 $75,053
2020 $26,190 $2,143,639 $2,069,355 $74,284
2019 $25,901 $2,101,608 $2,028,780 $72,828
2018 $25,192 $2,060,400 $1,989,000 $71,400
2017 $2,269 $114,575 $40,191 $74,384
2016 $2,123 $112,329 $39,403 $72,926
2015 $1,335 $110,643 $38,812 $71,831
2014 $1,315 $108,476 $38,052 $70,424
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81635933

MLSListings

APN: 003-42-053