NOT LISTED FOR SALE

Estimated Value: $1,374,000 - $1,746,778

5 Beds
2 Baths
1,700 Sq Ft
$896/Sq Ft Est. Value

Last Sold October 31, 2023

Last sale price $1,180,000 $694 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $9,552/month

8 Days on Market

Highlights

  • 2 Car Detached Garage
  • Eat-In Kitchen
  • 1-Story Property
  • Menlo-Atherton High School Rated A
  • Dining Area

About This Home

As of October 2023

Investor's Dream or Your Custom Oasis! Discover endless possibilities with this spacious 5-bedroom, 2-bath gem spanning 1,700 sqft, nestled on a generous 8,970 sqft lot. Perfect for savvy investors or those looking to craft their dream home. Strategically located just a stone's throw from the bustling Facebook and Amazon complexes, your commute is a breeze. Dive into the vibrant heart of Palo Alto, relishing the charm of downtown, nearby shops, and culinary delights. Don't miss this rare opportunity to shape your future in this prime Silicon Valley locale. The canvas is yours to create, seize it now!

Last Agent to Sell the Property

Graeham Watts

Intero Real Estate Services License #01466876 Listed on: 09/18/2023

Intero Real Estate Services

Last Buyer's Agent

Yiting Xu

BQ Realty License #02145753

BQ Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,986

Year Built

  • Built in 1950

Lot Details

  • 8,969 Sq Ft Lot
  • Zoning described as R10008

Parking

  • 2 Car Detached Garage

Home Design

  • Slab Foundation
  • Tar and Gravel Roof

Interior Spaces

  • 1,700 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dining Area
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Wall Furnace
  • Heating System Uses Gas
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 062-023-110

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,986

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 73
  • Listing Class: Residential
  • Structure Sq Ft: 1700
  • Year Built: 1950
  • Zoning Description: R10008
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room
  • Dining Room: Dining Area, Eat in Kitchen
  • Living Sq Ft: 1700
  • Stories: 1
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tar and Gravel

Garage/Parking

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

Utilities

  • Heating System: Gas, Wall Furnace
  • Sewer/Septic System: Sewer Connected, Sewer in Street

Schools

  • School District: Sequoia Union High
  • Elementary School: Belle Haven Elementary
  • High School: Menlo-Atherton High
  • High School: 658
  • Elementary School: 609

Lot Info

  • Parcel Number: 062-023-110
  • Lot Acres: 0.2059
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8970.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8970.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Sequoia Union High
  • Elementary School Text: Belle Haven Elementary
  • High School Text: Menlo-Atherton High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2023
Closed on
Oct 2, 2023
Sold by
Chen Jian and Chen Heather Hong
Bought by
Xu Family Trust and Xu
Seller's Agent
Graeham Watts
Intero Real Estate Services
Buyer's Agent
Yiting Xu
BQ Realty
List Price
$1,099,000
Sold Price
$1,180,000
Premium/Discount to List
$81,000
7.37%
Views
23
Current Estimated Value
$1,523,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$343,945
Avg. Annual Appreciation
13.31%
Original Mortgage
$885,000
Outstanding Balance
$869,355
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$608,225

Purchase Details

Closed on
Oct 13, 2011
Sold by
Sester Rolf and Sester Sonia Rosa
Bought by
Chen Jian and Qian Heather Hong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 2003
Sold by
Sester Rolf and Sester Sonia
Bought by
Sester Rolf and Sester Sonia Rosa

Purchase Details

Closed on
Jul 26, 2000
Sold by
Rolf Sester
Bought by
Sester Rolf and Sester Sonia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.19%

Purchase Details

Closed on
Jan 5, 1999
Sold by
Sester Rosa S
Bought by
Sester Rolf

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,000
Interest Rate
3.35%

Purchase Details

Closed on
Jul 31, 1992
Sold by
Osorio Raul and Osorio Victoria
Bought by
Sester Rolf and Sester Rosa Sonia
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
Xu Family Trust $1,180,000 Old Republic Title
Chen Jian $350,000 Chicago Title Company
Sester Rolf -- --
Sester Rolf -- Stewart Title
Sester Rolf -- Old Republic Title Ins Compa
Sester Rolf -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Xu Family Trust $885,000
Previous Owner Chen Jian $2,000,000
Previous Owner Chen Jian $244,000
Previous Owner Chen Jian $262,500
Previous Owner Sester Rolf $250,000
Previous Owner Sester Rolf $389,000
Previous Owner Sester Rolf $100,000
Previous Owner Sester Rolf $375,000
Previous Owner Sester Rolf $100,000
Previous Owner Sester Rolf $41,000
Previous Owner Sester Rolf $169,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2023 10/31/23 Sold $1,180,000 +7.4% $694 / Sq Ft
09/27/2023 09/27/23 Pending -- -- --
09/18/2023 09/18/23 For Sale $1,099,000 -- $646 / 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 $14,986 $1,203,600 $1,069,980 $133,620
2023 $14,986 $422,538 $211,269 $211,269
2022 $6,142 $414,254 $207,127 $207,127
2021 $6,020 $406,132 $203,066 $203,066
2020 $5,945 $401,968 $200,984 $200,984
2019 $5,904 $394,088 $197,044 $197,044
2018 $5,769 $386,362 $193,181 $193,181
2017 $5,553 $378,788 $189,394 $189,394
2016 $5,436 $371,362 $185,681 $185,681
2015 $5,309 $365,784 $182,892 $182,892
2014 $5,158 $358,620 $179,310 $179,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81942354

MLSListings

APN: 062-023-110