NOT LISTED FOR SALE

Estimated Value: $3,455,000 - $4,059,438

2 Beds
1 Bath
1,274 Sq Ft
$2,920/Sq Ft Est. Value

Last Sold June 06, 2014

Last sale price $2,530,000 $1,986 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $23,205/month

7 Days on Market

Highlights

  • Living Room with Fireplace
  • Traditional Architecture
  • Formal Dining Room
  • Addison Elementary School Rated A+
  • Wood Flooring
  • Eat-In Kitchen

About This Home

As of June 2014

Crescent park 1925 craftsman offers old world characteristics and the convenience of modern day touches. Enclosed front courtyard acts as an outdoor FR/DR. New kitchen and bathroom in main house. Detached studio with new bathroom(288 sq ft). Top rated Palo Alto schools. New Paint, landscaping, etc. A must see!

Last Agent to Sell the Property

Pamela Page

Compass License #00858214 Listed on: 05/14/2014

Last Buyer's Agent

Andrew Sturtevant

Intelligent Buyer License #01775165

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,643

Year Built

  • Built in 1925

Lot Details

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

Parking

  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,274 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Double Pane Windows
  • Formal Entry
  • Living Room with Fireplace
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile
  • Slate Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Heating System Uses Gas
  • 220 Volts
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 003-19-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,643

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Style: Traditional
  • Age: 89
  • Sale Price Per Sq Ft: 1985.87
  • Listing Class: Residential
  • Structure Sq Ft: 1274
  • Barclay Horizontal: 9
  • Barclays Page: 2
  • Incorporated: Yes
  • Map Book Page: 791
  • Map Book Page Secondary: 2
  • 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: 1925
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Fireplace: Living Room, Wood Burning, Yes
  • Dining Room: Formal Dining Room, Breakfast Bar, Eat in Kitchen
  • Kitchen: Dishwasher, Garbage Disposal, Oven Range, Refrigerators - 2+, 220 Volt Outlet, Hookups - Gas
  • Living Sq Ft: 1274
  • Stories: 1
  • Laundry: In Laundry Room, Dryer, Washer, Gas Hookup, 220 Volt Outlet
  • Flooring: Slate, Tile, Hardwood
  • Additional Rooms: Formal Entry, Guest House, Basement - Partial
  • Maximum Bathrooms: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Bathrooms: 1
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Foundation: Concrete Perimeter, Concrete Slab
  • Pool Description: Pool - No
  • Roof: Composition
  • Yard/Grounds: Enclosed Porch, Sprinkler(s) - Front, Sprinkler(s) - Rear, Sprinklers - Auto
  • Exterior: Stucco

Garage/Parking

  • Garage Parking Features: Off-Street Parking

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Double Pane Windows(s)

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: 003-19-003
  • List Price per Sq Ft: 1412.87
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4800.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 4800.00
  • Lot Size Area Min Search: 4800.00
  • Maximum Lot Size: 4800.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Maximum Building Height: 1
  • Minimum Building Height: 1

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
May 14, 2014
Closed on
Jun 2, 2014
Sold by
Mobraaten Edward and Bernat Suszanne
Bought by
Sherry Scott
Seller's Agent
Pamela Page
Compass
Buyer's Agent
Andrew Sturtevant
Intelligent Buyer
List Price
$1,800,000
Sold Price
$2,530,000
Premium/Discount to List
$730,000
40.56%
Current Estimated Value
$3,680,503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,150,503
Avg. Annual Appreciation
3.58%
Original Mortgage
$830,000
Outstanding Balance
$637,717
Interest Rate
4.16%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$3,112,009

Purchase Details

Closed on
Nov 7, 2006
Sold by
Cohen Jonathan David and Carroll Patricia Ellen
Bought by
Mobraaten Edward and Bernat Suszanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
6.28%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 19, 2002
Sold by
Cohen Jonathan David and Carroll Patricia Ellen
Bought by
Cohen Jonathan David and Carroll Patricia Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
6%

Purchase Details

Closed on
Sep 8, 2000
Sold by
Jonathan Cohen and Patricia Carroll
Bought by
Cohen Jonathan David and Carroll Patricia Ellen

Purchase Details

Closed on
Nov 24, 1998
Sold by
Gleim Georgie Lee
Bought by
Cohen Jonathan and Carroll Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
2.9%

Purchase Details

Closed on
Oct 10, 1995
Sold by
Gleim Georgie Lee
Bought by
Gleim Georgie Lee

Purchase Details

Closed on
May 26, 1994
Sold by
Gleim Georgie Lee
Bought by
Gleim Georgie Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
8.3%
Source: Public Records

Range of Values:

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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
Sherry Scott $2,530,000 Old Republic Title Company
Mobraaten Edward $1,195,000 Financial Title Company
Cohen Jonathan David -- Old Republic Title Company
Cohen Jonathan David -- --
Cohen Jonathan $550,000 First American Title Guarant
Gleim Georgie Lee -- --
Gleim Georgie Lee -- Santa Clara Land Title Compa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sherry Scott $830,000
Previous Owner Mobraaten Edward $926,000
Previous Owner Mobraaten Edward $156,500
Previous Owner Mobraaten Edward $164,000
Previous Owner Mobraaten Edward $956,000
Previous Owner Cohen Johnathan David $218,000
Previous Owner Cohen Jonathan David $100,000
Previous Owner Cohen Jonathan David $580,000
Previous Owner Cohen Jonathan David $27,500
Previous Owner Cohen Jonathan $534,100
Previous Owner Cohen Jonathan $440,000
Previous Owner Gleim George Lee $300,000
Previous Owner Gleim Georgie Lee $130,000
Closed Cohen Jonathan $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2014 06/06/14 Sold $2,530,000 +40.6% $1,986 / Sq Ft
05/21/2014 05/21/14 Pending -- -- --
05/14/2014 05/14/14 For Sale $1,800,000 -- $1,413 / 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 $36,643 $3,101,425 $2,942,067 $159,358
2024 $36,643 $3,040,614 $2,884,380 $156,234
2023 $36,104 $2,980,995 $2,827,824 $153,171
2022 $35,687 $2,922,545 $2,772,377 $150,168
2021 $34,983 $2,865,241 $2,718,017 $147,224
2020 $34,256 $2,835,863 $2,690,148 $145,715
2019 $33,878 $2,780,258 $2,637,400 $142,858
2018 $32,943 $2,725,744 $2,585,687 $140,057
2017 $32,380 $2,672,299 $2,534,988 $137,311
2016 $31,598 $2,619,902 $2,485,283 $134,619
2015 $31,292 $2,580,549 $2,447,952 $132,597
2014 $16,375 $1,327,572 $1,180,369 $147,203
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81416749

MLSListings

APN: 003-19-003