NOT LISTED FOR SALE

1180 College Ave Palo Alto, CA 94306

Estimated Value: $3,492,000 - $4,568,063

3 Beds
2 Baths
1,420 Sq Ft
$2,720/Sq Ft Est. Value

Last Sold April 04, 2017

Last sale price $2,710,000 $1,908 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $24,736/month

10 Days on Market

Highlights

  • Skyline View
  • Wood Flooring
  • Den
  • Escondido Elementary School Rated A+
  • Loft
  • 4-minute walk to Weisshaar Park

About This Home

As of April 2017

Incredible opportunity to remodel or build your dream home in the highly sought-after College Terrace neighborhood. Charming classic home situated on aprox 5,750 sf corner lot (X Cty Rec) offering tons of possibilities. 1,420 sf living space (X Cty Rec) plus a bonus room on the 2nd level. The inviting living room features accent custom made redwood walls and a brick wood-burning fireplace perfect for entertaining. Kitchen has newer high-end stainless steel appliances with a bright eat-in area. It offers 3 good size bedrooms & 2 stylish bathrooms. A separate laundry area with ample storage space leading you to the sunny, quiet, beautifully landscaped yard. The detached garage has an additional bonus room with additional storage area. Within walking distance to Escondido Elem. School (buyer verify eligibility), Stanford University, CalAve Bus. District & CalTrain. Just moments away from Stanford and T&C shopping Center, Palo Alto High School and Palo Alto Medical Center.

Last Agent to Sell the Property

Adela Gildo-Mazzon

Lone Wolf Properties License #01371327 Listed on: 02/20/2017

Lone Wolf Properties

Last Buyer's Agent

Carol Li

Compass License #01227755

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $44,285

Year Built

  • Built in 1928

Lot Details

  • 5,750 Sq Ft Lot
  • Wood Fence
  • Back Yard Fenced
  • Zoning described as R1

Parking

  • 1 Car Detached Garage

Home Design

  • Fixer Upper
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,420 Sq Ft Home
  • 1-Story Property
  • Skylights in Kitchen
  • Wood Burning Fireplace
  • Den
  • Loft
  • Skyline Views
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Double Self-Cleaning Oven
  • Electric Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer
  • Laundry Tub

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 137-03-064

Home Details

Home Type

Single Family

Est. Annual Taxes

$44,285

Year Built

Built in 1928

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Property Condition: Fixer Upper
  • Age: 89
  • Listing Class: Residential
  • Structure Sq Ft: 1420
  • Year Built: 1928
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Wood Burning
  • Dining Room: Eat in Kitchen
  • Kitchen: Cooktop - Gas, Countertop - Tile, Dishwasher, Exhaust Fan, Garbage Disposal, Microwave, Oven - Double, Oven - Electric, Oven - Self Cleaning, Pantry Cabinet, Refrigerator, Skylight
  • Living Sq Ft: 1420
  • Stories: 1
  • Laundry: Tub / Sink, Washer / Dryer
  • Flooring: Carpet, Hardwood, Tile
  • Additional Rooms: Den / Study / Office, Laundry Room, Loft
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Shower and Tub, Skylight, Stall Shower, Tile
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space
  • Roof: Composition
  • Yard/Grounds: Back Yard, Fenced
  • Fencing: Fenced Back, Wood
  • Construction Type: Wood

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 2
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Detached Garage

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Skylight

Schools

  • School District: Palo Alto Unified

Lot Info

  • Parcel Number: 137-03-064
  • Lot Acres: 0.1320
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5750.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5750.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2019
Sold by
Davis Matthew and Davis Kara L
Bought by
Davis Mathew and Davis Kara L
Current Estimated Value
$3,862,516

Purchase Details

Listed on
Feb 20, 2017
Closed on
Mar 21, 2017
Sold by
Leckie Raul Edmundo Vicente
Bought by
Davis Matthew and Davis Kara
Seller's Agent
Adela Gildo-Mazzon
Lone Wolf Properties
Buyer's Agent
Carol Li
Compass
List Price
$2,387,500
Sold Price
$2,710,000
Premium/Discount to List
$322,500
13.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.15%
Original Mortgage
$700,000
Outstanding Balance
$587,219
Interest Rate
4.16%
Mortgage Type
Stand Alone Second
Estimated Equity
$2,927,680

Purchase Details

Closed on
Jun 21, 2007
Sold by
Mahrt Leckie Malinda A
Bought by
Mahrt Leckie Malinda A

Purchase Details

Closed on
Oct 13, 2003
Sold by
Mahrt Leckie Malinda A
Bought by
Mahrt Leckie Malinda A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 12, 2003
Sold by
Mahrt Lecki Malinda A
Bought by
Marht Leckie Malinda A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 7, 1999
Sold by
Malinda Mahrt Leckie
Bought by
Mahrt Leckie Malinda A
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
Davis Mathew -- None Available
Davis Matthew $2,710,000 Chicago Title Company
Mahrt Leckie Malinda A -- None Available
Mahrt Leckie Malinda A -- Fidelity National Title Ins
Marht Leckie Malinda A -- First American Title Company
Mahrt Leckie Malinda A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Kara $700,000
Closed Davis Kara $250,000
Closed Davis Kara $100,000
Closed Davis Matthew $890,000
Previous Owner Mahrt Leckie Malinda A $180,000
Previous Owner Mahrt Leckie Malinda A $180,000
Previous Owner Mahrt Leckie Malinda A $180,000
Previous Owner Marht Leckie Malinda A $180,000
Previous Owner Mahrt Leckie Malinda A $189,000
Previous Owner Mahrt Leckie Malinda A $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2017 04/04/17 Sold $2,710,000 +13.5% $1,908 / Sq Ft
03/03/2017 03/03/17 Pending -- -- --
02/20/2017 02/20/17 For Sale $2,387,500 -- $1,681 / 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 $44,285 $3,758,063 $2,901,463 $856,600
2024 $44,285 $3,684,376 $2,844,572 $839,804
2023 $39,479 $3,260,000 $2,516,900 $743,100
2022 $43,136 $3,541,311 $2,734,115 $807,196
2021 $42,287 $3,471,874 $2,680,505 $791,369
2020 $41,406 $3,436,275 $2,653,020 $783,255
2019 $38,585 $3,169,529 $2,601,000 $568,529
2018 $33,477 $2,764,200 $2,550,000 $214,200
2017 $1,860 $79,856 $37,995 $41,861
2016 $1,724 $78,291 $37,250 $41,041
2015 $1,698 $77,116 $36,691 $40,425
2014 $1,564 $75,607 $35,973 $39,634
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2017

    Adela Gildo-Mazzon

    Lone Wolf Properties

    Section Image
  • Carol Li

    Buyer's Agent in 2017

    Carol Li

    Compass

    (650) 281-8368

    40 Total Sales

    Carol Li
    Section Image
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Map

Source: MLSListings

MLS Number: ML81639514

MLSListings

APN: 137-03-064

California Santa Clara County Palo Alto 94306

1180 College Ave, Palo Alto, CA

This home is located at 1180 College Ave, Palo Alto, CA 94306 since 20 February 2017 and is currently estimated at $3,862,516, approximately $2,720 per square foot. This property was built in 1928. 1180 College Ave is a home located in Santa Clara County with nearby schools including Escondido Elementary School, Frank S. Greene Jr. Middle, and Palo Alto High School.

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