NOT LISTED FOR SALE

1094 Forest Ave Palo Alto, CA 94301

Crescent Park Neighborhood

Estimated Value: $7,371,000 - $7,646,000

4 Beds
4 Baths
3,861 Sq Ft
$1,947/Sq Ft Est. Value

Last Sold September 03, 2015

Last sale price $5,300,000 $1,373 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $45,968/month

7 Days on Market

Highlights

  • Outdoor Fireplace
  • Wood Flooring
  • High Ceiling
  • Addison Elementary School Rated A+
  • Bonus Room
  • Great Room

About This Home

As of September 2015

EXQUISITELY DESIGNED CUSTOM HOME LOCATED ON THE "ISLAND" BLOCK OF FOREST AVENUE IN THE HEART OF CRESCENT PARK NEAR DOWNTOWN PALO ALTO.ELEGANCE & STYLE ABOUND IN THE SPACIOUS & VERSATILE FLOOR PLAN FEATURING FORMAL LIVING AREAS & IDEAL CHEF'S KITCHEN OPENING TO THE CASUAL BREAKFAST AREA & FAMILY RM.LOWER LEVEL OFFERS PRIVATE ENTRANCE,MEDIA RM (POSSIBLE 5TH BEDROOM),FULL BATH,CRAFTS ROOM & HOME.PICTURESQUE BACKYARD SETTING W/EXPANSIVE PATIO SET BENEATH A ROSE COVERED ARBOR, BUILT-IN BBQ & OUTDOOR FIREPLACE.

Last Agent to Sell the Property

Sherry Bucolo

Compass License #00613242 Listed on: 08/13/2015

Compass

Last Buyer's Agent

Vincent Cheng

Vista Investment & Realty License #01029829

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $73,252

Year Built

  • Built in 1996

Lot Details

  • Fenced
  • Sprinklers on Timer
  • Back Yard
  • Zoning described as R1

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 3,861 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Gas Fireplace
  • Formal Entry
  • Great Room
  • Formal Dining Room
  • Bonus Room
  • Finished Basement

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Built-In Double Oven
  • Range Hood
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Fireplace
  • Barbecue Area

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 003-21-028

Home Details

Home Type

Single Family

Est. Annual Taxes

$73,252

Year Built

Built in 1996

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 19
  • Listing Class: Residential
  • Structure Sq Ft: 3861
  • Year Built: 1996
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Burning
  • Dining Room: Breakfast Nook, Formal Dining Room
  • Kitchen: Countertop - Granite, Dishwasher, Garbage Disposal, Hood Over Range, Hookups - Gas, Island, Island with Sink, Oven - Built-In, Oven - Double, Pantry Cabinet, Refrigerator
  • Living Sq Ft: 3861
  • Stories: 3
  • Laundry: Dryer, Washer
  • Flooring: Carpet, Hardwood, Tile
  • Additional Rooms: Basement - Finished, Bonus / Hobby Room, Formal Entry, Great Room, Laundry Room
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • Yard/Grounds: Back Yard, BBQ Area, Fenced, Outdoor Fireplace, Sprinklers - Auto, Sprinklers - Lawn

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Gate / Door Opener

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Walk-in Closet

Schools

  • School District: Palo Alto Unified
  • Elementary School: Addison Elementary
  • Middle School: David Starr Jordan Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 309
  • Middle School: 329

Lot Info

  • Parcel Number: 003-21-028
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7570.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7570.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2015
Closed on
Aug 28, 2015
Sold by
Schroder Bruce E and Schroder Barbara J
Bought by
Li Minghai and Jiang Xiaoli
Seller's Agent
Sherry Bucolo
Compass
Buyer's Agent
Vincent Cheng
Vista Investment & Realty
List Price
$4,998,000
Sold Price
$5,300,000
Premium/Discount to List
$302,000
6.04%
Current Estimated Value
$7,518,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,218,884
Avg. Annual Appreciation
3.52%
Original Mortgage
$1,135,000
Interest Rate
3.95%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Aug 13, 2015
Closed on
Jul 29, 2015
Sold by
Schroder Bruce E and Schroder Barbara J
Bought by
Schroder Bruce E and Schroder Barbara J
Seller's Agent
Sherry Bucolo
Compass
Buyer's Agent
Vincent Cheng
Vista Investment & Realty
List Price
$4,998,000
Sold Price
$5,300,000
Premium/Discount to List
$302,000
6.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,135,000
Interest Rate
3.95%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 23, 2008
Sold by
Schroder Bruce E and Schroder Barbara J
Bought by
Schroder Bruce E and Schroder Barbara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 2005
Sold by
Schroder Bruce E and Schroder Barbara J
Bought by
Schroder Bruce E and Schroder Barbara J

Purchase Details

Closed on
Feb 20, 2002
Sold by
Lucco Steven E and Lucco Elizabeth Deitz
Bought by
Schroder Bruce E and Schroder Barbara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,397,500
Interest Rate
5%

Purchase Details

Closed on
Jul 29, 1998
Sold by
Carnochan W Bliss and Carnochan Brigitte Hoy
Bought by
Lucco Steven E and Lucco Elizabeth Dietz

Purchase Details

Closed on
Dec 23, 1997
Sold by
Carnochan W Bliss and Carnochan Brigitte
Bought by
Carnochan W Bliss and Carnochan Brigitte Hoy

Purchase Details

Closed on
Oct 18, 1996
Sold by
1094 Forest Avenue Partnership
Bought by
Carnochan W Bliss and Carnochan Brigitte

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
6.95%

Purchase Details

Closed on
Aug 24, 1995
Sold by
Kiser Nenita Irene
Bought by
1094 Forest Avenue Partnership

Purchase Details

Closed on
Feb 28, 1995
Sold by
Vitols Valdis
Bought by
Kiser Nenita Irene

Purchase Details

Closed on
Oct 1, 1993
Sold by
Vitols Valdis
Bought by
Vitols Valdis and Kiser Nenita

Purchase Details

Closed on
Sep 30, 1993
Sold by
Vitols Valdis
Bought by
Vitols Valdis
Source: Public Records

Range of Values:

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Average Value
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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
Li Minghai $5,300,000 Chicago Title Company
Schroder Bruce E -- Lawyers Title Company
Schroder Bruce E -- Lawyers Title Company Of Ca
Schroder Bruce E -- Old Republic Title Company
Schroder Bruce E -- Old Republic Title Company
Schroder Bruce E -- Old Republic Title Company
Lucco Steven E -- Chicago Title Co
Carnochan W Bliss -- --
Carnochan W Bliss $1,245,000 Old Republic Title Company
1094 Forest Avenue Partnership $515,000 Old Republic Title
Kiser Nenita -- Old Republic Title
Kiser Nenita Irene -- --
Vitols Valdis -- --
Vitols Valdis -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Schroder Bruce E $1,135,000
Previous Owner Schroder Bruce E $1,500,000
Previous Owner Schroder Bruce E $1,397,500
Previous Owner Carnochan W Bliss $800,000
Closed Schroder Bruce E $200,000
Closed 1094 Forest Avenue Partnership --
Closed 1094 Forest Avenue Partnership $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/03/2015 09/03/15 Sold $5,300,000 +6.0% $1,373 / Sq Ft
08/21/2015 08/21/15 Pending -- -- --
08/13/2015 08/13/15 For Sale $4,998,000 -- $1,294 / 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 $73,252 $6,274,121 $5,090,327 $1,183,794
2024 $73,252 $6,151,100 $4,990,517 $1,160,583
2023 $72,181 $6,030,491 $4,892,664 $1,137,827
2022 $71,361 $5,912,247 $4,796,730 $1,115,517
2021 $69,958 $5,796,322 $4,702,677 $1,093,645
2020 $68,488 $5,736,889 $4,654,457 $1,082,432
2019 $67,742 $5,624,402 $4,563,194 $1,061,208
2018 $65,851 $5,514,120 $4,473,720 $1,040,400
2017 $64,699 $5,406,000 $4,386,000 $1,020,000
2016 $63,014 $5,300,000 $4,300,000 $1,000,000
2015 $31,944 $2,642,760 $1,720,869 $921,891
2014 $31,322 $2,590,993 $1,687,160 $903,833
Source: Public Records

Agents Affiliated with this Home

  • Sherry Bucolo

    Seller's Agent in 2015

    Sherry Bucolo

    Compass

    (650) 207-9909

    10 in this area

    43 Total Sales

    Sherry Bucolo
    Section Image

  • V

    Buyer's Agent in 2015

    Vincent Cheng

    Vista Investment & Realty

    (650) 888-9841

    13 Total Sales

    Vincent Cheng
    Section Image
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Map

Source: MLSListings

MLS Number: ML81499787

MLSListings

APN: 003-21-028

California Santa Clara County Palo Alto 94301 Crescent Park

1094 Forest Ave, Palo Alto, CA

This home is located at 1094 Forest Ave, Palo Alto, CA 94301 since 13 August 2015 and is currently estimated at $7,518,884, approximately $1,947 per square foot. This property was built in 1996. 1094 Forest Ave is a home located in Santa Clara County with nearby schools including Addison Elementary School, Frank S. Greene Jr. Middle, and Palo Alto High School.

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