NOT LISTED FOR SALE

Estimated Value: $3,712,000 - $4,734,000

3 Beds
2 Baths
1,632 Sq Ft
$2,516/Sq Ft Est. Value

Last Sold October 12, 2022

Last sale price $3,650,000 $2,237 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $25,925/month

12 Days on Market

Highlights

  • Solar Power System
  • Wood Flooring
  • 2 Car Attached Garage
  • Duveneck Elementary School Rated A+
  • Breakfast Area or Nook
  • Walk-In Closet

About This Home

As of October 2022

Welcome home to 111 Walter Hays! This gorgeous 3-bed, 2-bath home with over 1,600+ SF living space is perfectly nestled in the tree-lined Crescent Park neighborhood. Whether by car or bike, you are minutes away from downtown University Ave, Rinconada Park/Library/Pool, shopping/dining at Town & Country, Stanford University, 101, and the bayside Byxbee Park. Built by Barrett & Hilp, this traditional, excellently-maintained home has an attractive layout featuring a large family/living room space for entertaining adjacent to a spacious patio within a manicured garden with mature trees. As you enter the home, bask in the naturally bright and light ambiance over beautiful parquet hardwood flooring. Upgraded central heat/AC, auto irrigation, owned solar PV system, finished attached garage, and energy-efficient windows and lighting. Top-quality SFPUC water and municipal utilities. Acclaimed Palo Alto schools including Duveneck, Greene, and Paly High (buyer to verify). Come take a look today!

Last Agent to Sell the Property

Richard Lo

Keller Williams Thrive License #02044009 Listed on: 09/08/2022

Keller Williams Thrive

Co-Listed By

Ajai Shekhera

Keller Williams Thrive License #02101565

Last Buyer's Agent

Sue Cheng

Intero Real Estate Services License #02027196

Intero Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $44,656

Year Built

  • 1950

Lot Details

  • 7,131 Sq Ft Lot
  • Fenced
  • Sprinklers on Timer
  • Drought Tolerant Landscaping
  • Grass Covered Lot

Parking

  • 2 Car Attached Garage
  • On-Street Parking

Interior Spaces

  • 1,632 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Dining Area
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Oven
  • Gas Cooktop

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Additional Features

  • Solar Power System
  • Forced Air Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$44,656

Year Built

1950

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Age: 72
  • Listing Class: Residential
  • Structure Sq Ft: 1632
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1950

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room
  • Dining Room: Breakfast Nook, Dining Area, Eat In Kitchen
  • Kitchen: Cooktop - Gas, Oven - Gas, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1632
  • Stories: 1
  • Bedrooms: Ground Floor Bedroom, Walk-In Closet
  • Flooring: Wood
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Shower And Tub, Stall Shower, Tile

Exterior Features

  • Yard/Grounds: Drought Tolerant Plants, Fenced, Low Maintenance, Sprinklers - Auto

Garage/Parking

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

Utilities

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

Schools

  • School District: Palo Alto Unified

Lot Info

  • Lot Acres: 0.1637
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7129.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7129.00

Green Features

  • Energy Features: Solar Power

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2022
Closed on
Oct 6, 2022
Sold by
Robert S Gumerlock Trust
Bought by
Zhao Xianbin and Guo Yuanyuan
Seller's Agent
Richard Lo
Keller Williams Thrive
Buyer's Agent
Sue Cheng
Intero Real Estate Services
List Price
$3,588,000
Sold Price
$3,650,000
Premium/Discount to List
$62,000
1.73%
Views
7
Current Estimated Value
$4,106,903

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$456,903
Avg. Annual Appreciation
4.14%
Original Mortgage
$1,000,000
Outstanding Balance
$950,724
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$3,156,179

Purchase Details

Closed on
Apr 14, 1998
Sold by
Laak Pamela K
Bought by
Gumerlock Robert S
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Zhao Xianbin $3,650,000 Old Republic Title
Gumerlock Robert S $772,000 First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhao Xianbin $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2022 10/12/22 Sold $3,650,000 +1.7% $2,237 / Sq Ft
09/21/2022 09/21/22 Pending -- -- --
09/08/2022 09/08/22 For Sale $3,588,000 -- $2,199 / 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 $44,656 $3,797,460 $3,641,400 $156,060
2024 $44,656 $3,723,000 $3,570,000 $153,000
2023 $44,000 $3,650,000 $3,500,000 $150,000
2022 $14,806 $1,161,588 $890,760 $270,828
2021 $14,514 $1,138,813 $873,295 $265,518
2020 $14,224 $1,127,137 $864,341 $262,796
2019 $14,064 $1,105,038 $847,394 $257,644
2018 $13,690 $1,083,372 $830,779 $252,593
2017 $13,449 $1,062,131 $814,490 $247,641
2016 $13,094 $1,041,306 $798,520 $242,786
2015 $12,962 $1,025,666 $786,526 $239,140
2014 $12,648 $1,005,576 $771,120 $234,456
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81906522

MLSListings

APN: 003-38-030