NOT LISTED FOR SALE

1130 Forest Ave Palo Alto, CA 94301

Crescent Park Neighborhood

Estimated Value: $6,620,000 - $7,489,000

4 Beds
4.5 Baths
4,147 Sq Ft
$1,690/Sq Ft Est. Value

Last Sold April 26, 2024

Last sale price $6,700,000 $1,616 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $39,691/month

58 Days on Market

Highlights

  • In Ground Pool
  • 3 Fireplaces
  • Open to Family Room
  • Addison Elementary School Rated A+
  • Formal Dining Room
  • 2 Car Attached Garage

About This Home

As of April 2024

This one-of-a-kind custom home features 4 spacious ensuite bedrooms, 4.5 baths, a separate office, natural light in every room and a 45' long pool! The heart of this home is the chef's kitchen with an oversized island, Sub-Zero refrigerator, gas cooktop and dual ovens. The main-level ensuite bedroom is designed with its own outdoor entrance, creating the option for a separate guest apartment, and it's adjacent to the private office. Enjoy the spectacular curved staircase that leads to the oversized primary bedroom with a truly magnificent walk-in closet/dressing room. Another bedroom features a fun loft play area, while the third boasts a charming alcove. Step outside and discover the 45' lap pool, custom fountain and landscaped garden with Valencia orange trees, grapefruit, Meyer lemon and Fuji apple trees. The various peaks throughout the roof add a whimsical, storybook-like charm to the home's aesthetics. Top rated schools & just two blocks from University Avenue's shopping and dining scene.

Last Agent to Sell the Property

Patty Dwyer Group

Compass License #70010007 Listed on: 02/22/2024

Compass

Last Buyer's Agent

Young Platinum Group

Golden Gate Sotheby's International Realty License #70010130

Golden Gate Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,375

Year Built

  • Built in 1988

Lot Details

  • 10,454 Sq Ft Lot
  • Zoning described as R1

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof

Interior Spaces

  • 4,147 Sq Ft Home
  • 2-Story Property
  • 3 Fireplaces
  • Gas Fireplace
  • Formal Dining Room

Kitchen

  • Open to Family Room
  • Gas Cooktop

Bedrooms and Bathrooms

  • 4 Bedrooms

Additional Features

  • In Ground Pool
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 003-21-031

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,375

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 36
  • Listing Class: Residential
  • Structure Sq Ft: 4147
  • Year Built: 1988
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Burning
  • Dining Room: Formal Dining Room
  • Kitchen: Cooktop - Gas
  • Living Sq Ft: 4147
  • Stories: 2
  • Fireplaces Min: 3
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: Yes

Exterior Features

  • Pool Description: Pool - In Ground
  • Roof: Composition
  • Pool: Yes

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

Schools

  • School District: Palo Alto Unified

Lot Info

  • Parcel Number: 003-21-031
  • Lot Acres: 0.2400
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10454.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 10454.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2024
Closed on
Apr 24, 2024
Sold by
Sevastopoulos Trust and Sevastopoulos Julie W
Bought by
Shekar G Ayyar And Mythili Sankaran Revocable and Ayyar
Seller's Agent
Patty Dwyer Group
Compass
Buyer's Agent
Young Platinum Group
Golden Gate Sotheby's International Realty
List Price
$7,450,000
Sold Price
$6,700,000
Premium/Discount to List
-$750,000
-10.07%
Views
121
Current Estimated Value
$7,008,988

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$308,988
Avg. Annual Appreciation
3.14%

Purchase Details

Closed on
May 22, 2002
Sold by
Sevastopoulos Costa G and Sevastopoulos Julie W
Bought by
Sevastopoulos Costa G and Sevastopoulos Julie W
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Shekar G Ayyar And Mythili Sankaran Revocable $6,700,000 Lawyers Title Company
Sevastopoulos Costa G -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2024 04/26/24 Sold $6,700,000 -3.6% $1,616 / Sq Ft
04/21/2024 04/21/24 Pending -- -- --
04/18/2024 04/18/24 Price Changed $6,950,000 -6.7% $1,676 / Sq Ft
02/22/2024 02/22/24 For Sale $7,450,000 -- $1,796 / 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 $30,375 $3,662,121 $1,887,181 $1,774,940
2024 $30,375 $2,575,452 $1,213,581 $1,361,871
2023 $29,851 $2,524,954 $1,189,786 $1,335,168
2022 $29,511 $2,475,446 $1,166,457 $1,308,989
2021 $28,929 $2,426,909 $1,143,586 $1,283,323
2020 $28,313 $2,402,025 $1,131,860 $1,270,165
2019 $28,827 $2,354,927 $1,109,667 $1,245,260
2018 $28,034 $2,308,753 $1,087,909 $1,220,844
2017 $27,541 $2,263,484 $1,066,578 $1,196,906
2016 $26,818 $2,219,103 $1,045,665 $1,173,438
2015 $26,556 $2,185,771 $1,029,959 $1,155,812
2014 $26,022 $2,142,956 $1,009,784 $1,133,172
Source: Public Records

Agents Affiliated with this Home

  • Patty Dwyer Group

    Seller's Agent in 2024

    Patty Dwyer Group

    Compass

    (650) 931-2035

    1 in this area

    282 Total Sales

    Patty Dwyer Group
    Section Image
  • Young Platinum Group

    Buyer's Agent in 2024

    Young Platinum Group

    Golden Gate Sotheby's International Realty

    (650) 847-1141

    7 in this area

    34 Total Sales

    Young Platinum Group
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81955146

MLSListings

APN: 003-21-031

California Santa Clara County Palo Alto 94301 Crescent Park

1130 Forest Ave, Palo Alto, CA

This home is located at 1130 Forest Ave, Palo Alto, CA 94301 since 22 February 2024 and is currently estimated at $7,008,988, approximately $1,690 per square foot. This property was built in 1988. 1130 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLSListings Property Information © 2025 MLSListings Inc. All rights reserved. Listing information is deemed reliable but not guaranteed. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSListings Inc. The viewer acknowledges ownership and validity of its copyright. Information provided is for personal, non-commercial use by a viewer with a bona fide interest in the purchase or sale of real estate of the type being offered via this website or other electronic means. The viewer is prohibited from copying, redistributing or retransmitting any of the data or information provided by MLSListing, Inc.

Nearby Homes