NOT LISTED FOR SALE

1093 Moreno Ave Palo Alto, CA 94303

Midtown Palo Alto Neighborhood

Estimated Value: $3,665,111 - $4,309,000

3 Beds
3 Baths
2,285 Sq Ft
$1,740/Sq Ft Est. Value

Last Sold December 22, 2020

Last sale price $3,000,000 $1,313 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $24,531/month

52 Days on Market

Highlights

  • Primary Bedroom Suite
  • Vaulted Ceiling
  • Wood Flooring
  • Palo Verde Elementary School Rated A+
  • Jetted Soaking Tub in Primary Bathroom
  • Solid Surface Bathroom Countertops

About This Home

As of December 2020

Expanded and completely rebuilt. Incredible attention to detail and quality throughout. Raised ceilings, hardwood floors, dual pane windows and central air conditioning. Wonderful floor plan featuring a spacious and serene master suite with a spa inspired bathroom and large walk-in closet, spacious open living room, chef's kitchen, three full bathrooms, separate family room, dedicated private office plus a detached bonus room. Situated on the end of a cul-de-sac with beautifully landscaped grounds. Truly a special home!

Last Agent to Sell the Property

Tim Foy

Midtown Realty License #00849721 Listed on: 10/01/2020

Last Buyer's Agent

Bill Qin

BQ Realty License #01879849

BQ Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $38,404

Year Built

  • 1955

Lot Details

  • 7,562 Sq Ft Lot
  • Wood Fence
  • Sprinklers on Timer
  • Back Yard

Parking

  • 2 Car Garage

Home Design

  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,285 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Skylights
  • Double Pane Windows
  • Separate Family Room
  • Den

Kitchen

  • Gas Oven
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • 3 Full Bathrooms
  • Solid Surface Bathroom Countertops
  • Stone Countertops In Bathroom
  • Dual Sinks
  • Jetted Soaking Tub in Primary Bathroom
  • Bathtub with Shower
  • Oversized Bathtub in Primary Bathroom
  • Walk-in Shower

Laundry

  • Laundry in Utility Room
  • Washer and Dryer

Outdoor Features

  • Balcony
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan

Home Details

Home Type

Single Family

Est. Annual Taxes

$38,404

Year Built

1955

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Age: 65
  • Listing Class: Residential
  • Structure Sq Ft: 2285
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1955

Interior Features

  • Family Room: Separate Family Room
  • Dining Room: Dining "L"
  • Kitchen: Countertop - Granite, Dishwasher, Exhaust Fan, Microwave, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 2285
  • Stories: 1
  • Bedrooms: Primary Suite / Retreat, Walk-In Closet
  • Laundry: In Utility Room, Washer / Dryer
  • Flooring: Hardwood, Tile
  • Additional Rooms: Den / Study / Office
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Primary - Oversized Tub, Primary - Stall Shower(s), Primary - Tub With Jets, Shower Over Tub - 1, Solid Surface, Stall Shower, Stall Shower - 2+, Stone, Updated Bath

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced, Sprinklers - Auto, Sprinklers - Lawn, Storage Shed / Structure
  • Fencing: Wood
  • Construction Type: Stucco

Garage/Parking

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

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Association/Amenities

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

Schools

  • School District: Palo Alto Unified

Lot Info

  • Lot Acres: 0.1736
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7564.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7564.00

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Utilities: Public Utilities
  • Second Unit Description: office/palyroom

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 21, 2024
Sold by
Geng Li and Geng Wei
Bought by
Geng And Fang Family Trust and Geng
Current Estimated Value
$3,914,931

Purchase Details

Listed on
Oct 1, 2020
Closed on
Dec 10, 2020
Sold by
Pai Vinay and Pai Aarti
Bought by
Geng Li and Fang Wei
Seller's Agent
Tim Foy
Midtown Realty
Buyer's Agent
Bill Qin
BQ Realty
List Price
$3,295,000
Sold Price
$3,000,000
Premium/Discount to List
-$295,000
-8.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.43%
Original Mortgage
$1,300,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 13, 2014
Sold by
Api Vinay and Pai Aarti
Bought by
Pai Family Trust

Purchase Details

Closed on
Jul 13, 2000
Sold by
Gallagher Robert S and Gallagher Donna R
Bought by
Pai Vinay and Pai Aarti

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
8.37%
Mortgage Type
Stand Alone First
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
Geng And Fang Family Trust -- None Listed On Document
Geng Li $3,000,000 Old Republic Title Company
Pai Family Trust -- None Available
Pai Vinay -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Geng Li $1,300,000
Previous Owner Pai Vinay S $228,000
Previous Owner Pai Vinay $250,000
Previous Owner Pai Vinay $562,000
Previous Owner Pai Vinay $580,000
Previous Owner Pai Vinay $592,000
Previous Owner Pai Vinay $600,000
Previous Owner Gallagher Robert S $40,000
Previous Owner Gallagher Robert S $302,000
Previous Owner Gallagher Robert S $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2020 12/22/20 Sold $3,000,000 +0.2% $1,313 / Sq Ft
11/22/2020 11/22/20 Pending -- -- --
11/20/2020 11/20/20 Price Changed $2,995,000 -9.1% $1,311 / Sq Ft
10/01/2020 10/01/20 For Sale $3,295,000 -- $1,442 / 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 $38,404 $3,266,295 $2,868,445 $397,850
2024 $38,404 $3,183,623 $2,812,201 $371,422
2023 $37,841 $3,121,200 $2,757,060 $364,140
2022 $37,406 $3,060,000 $2,703,000 $357,000
2021 $36,670 $3,000,000 $2,650,000 $350,000
2020 $15,167 $1,214,214 $895,578 $318,636
2019 $14,996 $1,190,407 $878,018 $312,389
2018 $14,593 $1,167,066 $860,802 $306,264
2017 $14,335 $1,144,183 $843,924 $300,259
2016 $13,955 $1,121,749 $827,377 $294,372
2015 $13,814 $1,104,901 $814,950 $289,951
2014 $13,485 $1,083,259 $798,987 $284,272
Source: Public Records

Agents Affiliated with this Home

  • Tim Foy

    Seller's Agent in 2020

    Tim Foy

    Midtown Realty

    (650) 387-5078

    19 in this area

    95 Total Sales

    Section Image
  • Bill Qin

    Buyer's Agent in 2020

    Bill Qin

    BQ Realty

    (408) 800-5988

    1 in this area

    139 Total Sales

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Map

Source: MLSListings

MLS Number: ML81812873

MLSListings

APN: 127-02-043

California Santa Clara County Palo Alto 94303 Midtown Palo Alto

1093 Moreno Ave, Palo Alto, CA

This home is located at 1093 Moreno Ave, Palo Alto, CA 94303 since 01 October 2020 and is currently estimated at $3,975,778, approximately $1,739 per square foot. This property was built in 1955. 1093 Moreno 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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