NOT LISTED FOR SALE

Estimated Value: $1,991,000 - $2,908,316

4 Beds
3 Baths
2,102 Sq Ft
$1,207/Sq Ft Est. Value

Last Sold March 06, 2019

Last sale price $2,775,000 $1,320 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $16,871/month

5 Days on Market

Highlights

  • Open to Family Room
  • Forced Air Heating and Cooling System
  • Family or Dining Combination
  • Walter Hays Elementary Rated A+

About This Home

As of March 2019

Located in sought-after Old Palo Alto, this brand new four bedroom, three bath home offers modern luxury in this prime location. The chef's kitchen with stainless steel appliances and large Carrara marble island overlooks the great room with bright windows, a gas fireplace and built-in sound system. The master suite offers a private balcony, a walk-in closet and an en suite bath with shower, separate soaking tub and dual vanities. A generous back patio and enclosed back yard add to the privacy and functionality of this high-end, new home. Close proximity to California Ave, Oregon Expressway, Highway 101, Caltrain, and top-rated Palo Alto schools.

Last Agent to Sell the Property

Zachary Trailer

Compass License #01371338 Listed on: 02/07/2019

Compass

Last Buyer's Agent

Supriya Gavande

Compass License #01856590

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,531

Year Built

  • Built in 2018

Lot Details

  • 7,501 Sq Ft Lot
  • Zoning described as R2

Parking

  • 1 Car Garage
  • Off-Street Parking

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,102 Sq Ft Home
  • 2-Story Property
  • Fireplace With Gas Starter
  • Family or Dining Combination
  • Open to Family Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 124-18-046

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,531

Year Built

Built in 2018

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Age: 1
  • Listing Class: Residential
  • Structure Sq Ft: 2102
  • Incorporated: Yes
  • Year Built: 2018
  • Zoning Description: R2
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Starter
  • Dining Room: Dining Area in Family Room
  • Living Sq Ft: 2102
  • Stories: 2
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Attached Garage, Off-Street Parking

Utilities

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

Schools

  • School District: Palo Alto Unified
  • Elementary School: Walter Hays Elementary
  • Middle School: Frank S. Greene Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 315
  • Middle School: 329

Lot Info

  • Parcel Number: 124-18-046
  • Lot Acres: 0.1722
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7500.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7500.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Walter Hays Elementary
  • High School Text: Palo Alto High
  • Middle School Text: Frank S. Greene Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2019
Closed on
Feb 26, 2019
Sold by
109 Seale Llc
Bought by
Muma Brian George and Muma Catherine Won
Seller's Agent
Zachary Trailer
Compass
Buyer's Agent
Supriya Gavande
Compass
List Price
$2,598,000
Sold Price
$2,775,000
Premium/Discount to List
$177,000
6.81%
Current Estimated Value
$2,537,772

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$237,228
Avg. Annual Appreciation
1.01%
Original Mortgage
$1,375,000
Outstanding Balance
$1,218,582
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$1,741,946

Purchase Details

Closed on
Oct 2, 2017
Sold by
Urban West Llc
Bought by
109 Seale Llc
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
Muma Brian George $2,775,000 Chicago Title Co
109 Seale Llc $3,200,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Muma Catherine Won $722,000
Closed Muma Brian George $734,000
Closed Muma Brian George $741,000
Open Muma Brian George $1,375,000
Previous Owner 109 Seale Llc $1,620,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2019 03/06/19 Sold $2,775,000 +6.8% $1,320 / Sq Ft
02/13/2019 02/13/19 Pending -- -- --
02/07/2019 02/07/19 For Sale $2,598,000 -2.9% $1,236 / Sq Ft
12/23/2015 12/23/15 Sold $2,675,000 -4.4% $1,520 / Sq Ft
10/07/2015 10/07/15 Pending -- -- --
09/24/2015 09/24/15 For Sale $2,798,000 -- $1,590 / 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 $36,531 $3,095,561 $2,091,596 $1,003,965
2024 $36,531 $3,034,865 $2,050,585 $984,280
2023 $35,994 $2,975,359 $2,010,378 $964,981
2022 $35,580 $2,917,019 $1,970,959 $946,060
2021 $34,879 $2,859,823 $1,932,313 $927,510
2020 $34,155 $2,830,500 $1,912,500 $918,000
2019 $31,806 $2,602,000 $1,632,000 $970,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81738066

MLSListings

APN: 124-18-114