NOT LISTED FOR SALE

Estimated Value: $4,775,529 - $5,374,000

4 Beds
3 Baths
2,326 Sq Ft
$2,184/Sq Ft Est. Value

Last Sold September 21, 2012

Last sale price $2,560,000 $1,101 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $30,041/month

4 Days on Market

Highlights

  • Spa
  • Primary Bedroom Suite
  • Main Floor Bedroom
  • Addison Elementary School Rated A+
  • Wood Flooring
  • Hydromassage or Jetted Bathtub

About This Home

As of September 2012

A short walk to the Community Center, Rinconada Park, the library, & Palo Alto's bustling downtown, this 4 bed/3 bath Mediterranean style home stands out as a family retreat. A formal DR & LR, separate FR,eat-in kitchen, generous master suite w/walk-in closet, & a main floor bedroom and full bath complete the picture. Attached 2 car garage, frt & rear sprinklers for lush gardens on 6000+ sq.ft.lot

Last Agent to Sell the Property

Maria Hagan

M.F. Hagan, Broker License #00709251 Listed on: 09/07/2012

Last Buyer's Agent

Sherry Bucolo

Compass License #00613242

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,312

Year Built

  • Built in 1988

Lot Details

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

Parking

  • 2 Car Attached Garage

Home Design

  • Mediterranean Architecture
  • Mudsill Foundation
  • Clay Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,326 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Skylights
  • Gas Log Fireplace
  • Garden Windows
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Neighborhood Views
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Built-In Self-Cleaning Oven
  • Cooktop
  • Microwave
  • 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

Eco-Friendly Details

  • Energy-Efficient Insulation

Outdoor Features

  • Spa
  • Enclosed Patio or Porch
  • Barbecue Area

Utilities

  • Heating System Uses Gas
  • Thermostat
  • 220 Volts
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 003-26-040

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,312

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Mediterranean
  • Age: 24
  • Sale Price Per Sq Ft: 1100.60
  • Level Street Main: Bedroom(s)
  • Listing Class: Residential
  • Structure Sq Ft: 2326
  • Barclay Horizontal: 9
  • Barclays Page: 02
  • Incorporated: Yes
  • Map Book Page: 791
  • Map Book Page Secondary: 02
  • Map Side Coordinate: 4
  • Map Side Coordinate Secondary: 85
  • Map Top Coordinate: A
  • Map Top Coordinate Secondary: 9
  • Thomas Bros Page: 791
  • Thomas Brothers: A4
  • Year Built: 1988
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Living Room, Gas Log, Yes
  • Dining Room: Formal Dining Room, Eat in Kitchen
  • Kitchen: Dishwasher, Cooktop, Garbage Disposal, Microwave, Oven - Self Cleaning, Trash Compactor, Oven - Built-In, 220 Volt Outlet, Hookups - Gas
  • Living Sq Ft: 2326
  • Stories: 2
  • Security: Security Alarm - Owned
  • Bedrooms: Primary Suite / Retreat, Ground Floor Bedroom
  • Laundry: In Laundry Room, 220 Volt Outlet
  • Flooring: Carpet - Area, Tile, Hardwood
  • 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: Mudsill, Concrete Perimeter
  • Pool Description: Spa / Hot Tub, Pool - No
  • Roof: Clay
  • View: Local/Neighborhood
  • Yard/Grounds: Enclosed Porch, Sprinklers - Auto, BBQ Area, Fenced
  • Exterior: Stucco

Garage/Parking

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

Utilities

  • Heating System: Gas

Association/Amenities

  • Amenities Miscellaneous: Garden Window

Schools

  • School District: Palo Alto Unified

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 003-26-040
  • List Price per Sq Ft: 985.81
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6311.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 6311.00
  • Lot Size Area Min Search: 6311.00
  • Maximum Lot Size: 6311.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Green Features

  • Energy Features: Insulation - Unknown, Skylight, Thermostat Controller, Ceiling Fan(s)

Multi Family

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

MLS Schools

  • High School District Text: Palo Alto Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2012
Closed on
Sep 17, 2012
Sold by
Dennis Reid W and Dennis Susan Lee
Bought by
Landesmann Mark and Landesmann Jennifer
Seller's Agent
Maria Hagan
M.F. Hagan, Broker
Buyer's Agent
Sherry Bucolo
Compass
List Price
$2,293,000
Sold Price
$2,560,000
Premium/Discount to List
$267,000
11.64%
Current Estimated Value
$5,079,882

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,519,882
Avg. Annual Appreciation
5.39%

Purchase Details

Closed on
Dec 14, 2007
Sold by
Dennis Susan L
Bought by
Dennis Susan Lee

Purchase Details

Closed on
Aug 1, 2006
Sold by
Dennis Margaret E
Bought by
Dennis Reid W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,365,000
Interest Rate
7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2006
Sold by
Stikeleather Greg and Stikeleather Judy Y
Bought by
Dennis Susan Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,365,000
Interest Rate
7%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Landesmann Mark $2,559,750 Chicago Title Company
Dennis Susan Lee -- None Available
Dennis Reid W -- First American Title Company
Dennis Susan Lee -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dennis Reid W $1,365,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/21/2012 09/21/12 Sold $2,560,000 +11.6% $1,101 / Sq Ft
09/11/2012 09/11/12 Pending -- -- --
09/07/2012 09/07/12 For Sale $2,293,000 -- $986 / 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 $37,312 $3,152,446 $2,413,594 $738,852
2024 $37,312 $3,090,634 $2,366,269 $724,365
2023 $36,765 $3,030,034 $2,319,872 $710,162
2022 $36,342 $2,970,623 $2,274,385 $696,238
2021 $35,627 $2,912,377 $2,229,790 $682,587
2020 $34,888 $2,882,515 $2,206,927 $675,588
2019 $34,505 $2,825,996 $2,163,654 $662,342
2018 $33,553 $2,770,585 $2,121,230 $649,355
2017 $32,965 $2,716,261 $2,079,638 $636,623
2016 $32,103 $2,663,002 $2,038,861 $624,141
2015 $31,793 $2,623,002 $2,008,236 $614,766
2014 $31,175 $2,571,622 $1,968,898 $602,724
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81233122

MLSListings

APN: 003-26-040