NOT LISTED FOR SALE

1131 Lincoln Ave Palo Alto, CA 94301

Crescent Park Neighborhood

Estimated Value: $5,876,000 - $6,758,000

4 Beds
3 Baths
2,961 Sq Ft
$2,124/Sq Ft Est. Value

Last Sold November 02, 2012

Last sale price $3,057,000 $1,032 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $36,177/month

8 Days on Market

Highlights

  • Primary Bedroom Suite
  • Family Room with Fireplace
  • Wood Flooring
  • Addison Elementary School Rated A+
  • Traditional Architecture
  • Main Floor Bedroom

About This Home

As of November 2012

REMODELED HOME IN FANTASTIC LOCATION MOMENTS TO DOWNTOWN PALO ALTO, RINCONADA PARK, COMMUNITY CENTER AMENITIES & OUTSTANDING PA SCHOOLS. GREAT OPEN LAYOUT.CHEF'S KITCHEN W/BREAKFAST BAR & ADJOINING BREAKFAST RM;LARGE FAMILY RM OFF KITCHEN W/BUILT-INS & FRENCH DOORS TO PRIVATE REAR YARD.HUGE MASTER SUITE W/WALK-IN CLOSET & SPA-LIKE BATH.LOVELY FENCED YARD W/LAWN & PATIO. HARDWOOD FLOORS THROUGHOUT.

Last Agent to Sell the Property

Kyra Gebhardt Nelson

Compass License #01349118 Listed on: 09/27/2012

Last Buyer's Agent

Miles McCormick

Keller Williams Palo Alto License #01184883

Keller Williams Palo Alto

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $44,276

Year Built

  • Built in 1988

Lot Details

  • Fenced
  • Level Lot
  • Sprinklers on Timer
  • Zoning described as R1

Parking

  • 2 Car Detached Garage

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Wood Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,961 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Double Pane Windows
  • Bay Window
  • Formal Entry
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Gas Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Oven
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • 3 Full Bathrooms
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Walk-in Shower

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 003-19-061

Home Details

Home Type

Single Family

Est. Annual Taxes

$44,276

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Traditional
  • Age: 24
  • Sale Price Per Sq Ft: 1032.42
  • Level Street Main: Bedroom(s)
  • Listing Class: Residential
  • Structure Sq Ft: 2961
  • Barclay Horizontal: 9
  • Barclays Page: 02
  • Incorporated: Yes
  • Map Book Page: 791
  • Map Book Page Secondary: 02
  • Map Side Coordinate: 3
  • Map Side Coordinate Secondary: 85
  • Map Top Coordinate: A
  • Map Top Coordinate Secondary: 9
  • Thomas Bros Page: 791
  • Thomas Brothers: A3
  • Year Built: 1988
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room, Kitchen / Family Room Combo
  • Fireplace: Family Room, Living Room, Wood Burning, Gas Log, Gas Starter, Yes
  • Dining Room: Formal Dining Room, Breakfast Nook, Breakfast Bar, Eat in Kitchen
  • Kitchen: Pantry, Dishwasher, Garbage Disposal, Refrigerator, Trash Compactor, Oven Range - Built-In, Hookups - Gas
  • Living Sq Ft: 2961
  • Stories: 2
  • Security: Security Alarm - Owned
  • Bedrooms: Primary Suite / Retreat, Ground Floor Bedroom
  • Laundry: In Laundry Room, Gas Hookup
  • Flooring: Tile, Hardwood
  • Additional Rooms: Formal Entry
  • Maximum Bathrooms: 3
  • Maximum Numberof Bedrooms: 4
  • Minimum Bathrooms: 3
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Bathroom: Showers over Tubs - 2+, Tubs - 2+, Stall Shower - 2+, Tub in Primary Bedroom, Tub with Jets

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Pool - No
  • Roof: Shingle, Wood Shakes / Shingles
  • View: Local/Neighborhood
  • Yard/Grounds: Patio(s), Patio(s)/Deck(s) - Covered, Sprinkler(s) - Front, Sprinkler(s) - Rear, Sprinklers - Auto, Fenced
  • Exterior: Stucco

Garage/Parking

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

Utilities

  • Cooling System: Central AC
  • Heating System: Forced Air
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Double Pane Windows(s), High Ceiling, Bay Window

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

  • Lot Description: Grade - Level
  • Parcel Number: 003-19-061
  • List Price per Sq Ft: 861.20
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6534.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 6534.00
  • Lot Size Area Min Search: 6534.00
  • Maximum Lot Size: 6534.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Green Features

  • Energy Features: Double Pane Windows, Skylight

Multi Family

  • Maximum Building Height: 2
  • Minimum Building Height: 2

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
Sep 27, 2012
Closed on
Oct 25, 2012
Sold by
Li Ping and Li Kim
Bought by
Bannon Roy M and Bannon Catherine S
Seller's Agent
Kyra Gebhardt Nelson
Compass
Buyer's Agent
Miles McCormick
Keller Williams Palo Alto
List Price
$2,550,000
Sold Price
$3,057,000
Premium/Discount to List
$507,000
19.88%
Current Estimated Value
$5,933,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,876,585
Avg. Annual Appreciation
5.09%
Original Mortgage
$1,999,975
Outstanding Balance
$1,342,980
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,427,374

Purchase Details

Closed on
Jul 24, 2009
Sold by
Li Ping and Li Kim
Bought by
Li Ping and Li Kim

Purchase Details

Closed on
May 15, 2009
Sold by
Leschly Jacob and Leschly Malin
Bought by
Li Ping and Li Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,750
Interest Rate
4.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 18, 2001
Sold by
Leschly Jacob and Leschly Malin
Bought by
Leschly Jacob and Leschly Malin

Purchase Details

Closed on
Sep 8, 2000
Sold by
Anderson John M Guardian Of
Bought by
Leschly Jacob and Leschly Malin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
7.75%
Mortgage Type
Unknown

Purchase Details

Closed on
May 30, 1996
Sold by
Fields Stephen W
Bought by
Anderson John M and Johnson Catherine Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$453,675
Interest Rate
7.97%
Source: Public Records

Range of Values:

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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
Bannon Roy M $3,057,000 Chicago Title Company
Li Ping -- None Available
Li Ping -- Chicago Title Company
Leschly Jacob -- --
Leschly Jacob -- First American Title
Anderson John M $895,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bannon Roy M $1,999,975
Previous Owner Li Ping $729,750
Previous Owner Leschly Jacob $1,100,000
Previous Owner Anderson John M $200,000
Previous Owner Anderson John M $454,000
Previous Owner Anderson John M $453,675
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2012 11/02/12 Sold $3,057,000 +19.9% $1,032 / Sq Ft
10/05/2012 10/05/12 Pending -- -- --
09/27/2012 09/27/12 For Sale $2,550,000 -- $861 / 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 $44,276 $3,764,468 $3,078,568 $685,900
2024 $44,276 $3,690,655 $3,018,204 $672,451
2023 $43,626 $3,618,290 $2,959,024 $659,266
2022 $43,125 $3,547,344 $2,901,004 $646,340
2021 $42,275 $3,477,789 $2,844,122 $633,667
2020 $41,393 $3,442,130 $2,814,960 $627,170
2019 $40,938 $3,374,638 $2,759,765 $614,873
2018 $39,803 $3,308,469 $2,705,652 $602,817
2017 $39,104 $3,243,598 $2,652,600 $590,998
2016 $38,082 $3,179,999 $2,600,589 $579,410
2015 $37,714 $3,132,233 $2,561,526 $570,707
2014 $37,082 $3,070,878 $2,511,350 $559,528
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2012

    Kyra Gebhardt Nelson

    Compass

  • Miles McCormick

    Buyer's Agent in 2012

    Miles McCormick

    Keller Williams Palo Alto

    (650) 400-1001

    5 Total Sales

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Map

Source: MLSListings

MLS Number: ML81235554

MLSListings

APN: 003-19-061

California Santa Clara County Palo Alto 94301 Crescent Park

1131 Lincoln Ave, Palo Alto, CA

This home is located at 1131 Lincoln Ave, Palo Alto, CA 94301 since 27 September 2012 and is currently estimated at $6,289,099, approximately $2,123 per square foot. This property was built in 1988. 1131 Lincoln 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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