NOT LISTED FOR SALE

Estimated Value: $4,954,000 - $7,278,000

4 Beds
3 Baths
3,092 Sq Ft
$2,082/Sq Ft Est. Value

Last Sold August 24, 2021

Last sale price $4,800,000 $1,552 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $40,620/month

16 Days on Market

Highlights

  • Living Room with Fireplace
  • Wood Flooring
  • Neighborhood Views
  • Addison Elementary School Rated A+
  • Main Floor Bedroom
  • Breakfast Area or Nook

About This Home

As of August 2021

In the peaceful enclave of Crescent Park rests this stylish, stately home that personifies the grace and elegance of Palo Alto. A garden pathway leads to the front door, and inside, luxurious appointments are everywhere you turn including hardwood floors, crown molding, and detailed wainscoting. Natural light from a stunning skylight helps to illuminate nearly 3,100 sf of space that offers ideal venues for both entertaining and everyday living. A fireplace centers the living room, the kitchen has appliances from Dacor, Miele, Sub-Zero, and Jenn Air, and the family room includes its own fireplace. 4 bedrooms and 3 bathrooms include the primary suite, as well as a bedroom that easily converts into office space. Relax and unwind in the peaceful backyard highlighted by a trellis-covered brick patio and a lush lawn. And appreciate the convenience of a sought-after location just blocks to University Avenue, convenient to Stanford University, and with top-ranked schools minutes away.

Last Agent to Sell the Property

Michael Repka

Deleon Realty License #70010006 Listed on: 07/28/2021

Last Buyer's Agent

Joseph Yen

Compass License #01136969

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $59,663

Year Built

  • 1987

Lot Details

  • 7,200 Sq Ft Lot
  • Wood Fence
  • Back Yard

Parking

  • 2 Car Garage
  • On-Street Parking

Home Design

  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,092 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Gas Log Fireplace
  • Separate Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Neighborhood Views

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Gas Cooktop
  • Warming Drawer
  • Microwave
  • Freezer
  • Ice Maker
  • Kitchen Island
  • Formica Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Sinks
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Zoned Heating System
  • Separate Meters
  • 220 Volts
  • Individual Gas Meter
  • Sewer Connection Less Than 500 Feet Away

Home Details

Home Type

Single Family

Est. Annual Taxes

$59,663

Year Built

1987

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Age: 34
  • Listing Class: Residential
  • Structure Sq Ft: 3092
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1987

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Burning, Gas Log, Living Room
  • Dining Room: Breakfast Bar, Breakfast Nook, Dining Area
  • Kitchen: 220 Volt Outlet, Cooktop - Gas, Countertop - Formica, Freezer, Garbage Disposal, Ice Maker, Island, Island With Sink, Microwave, Pantry, Refrigerator, Trash Compactor, Warming Drawer
  • Fireplace: Yes
  • Living Sq Ft: 3092
  • Stories: 2
  • Bedrooms: Ground Floor Bedroom, Walk-In Closet
  • Laundry: Dryer, Washer
  • Flooring: Carpet, Hardwood, Tile
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Stall Shower, Tile, Tub, Tubs - 2+

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Shingle
  • View: Neighborhood
  • Yard/Grounds: Back Yard
  • Fencing: Wood
  • Construction Type: Wood

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: On Street

Utilities

  • Heating System: Central Forced Air - Gas, Heating - 2+ Zones
  • Sewer/Septic System: Sewer Connections - Less Than 500 Feet Away

Association/Amenities

  • Amenities Miscellaneous: Built-In Vacuum

Schools

  • School District: Palo Alto Unified
  • Elementary School: Addison Elementary
  • Middle School: Frank S. Greene Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 309
  • Middle School: 329

Lot Info

  • Lot Description: Regular
  • Lot Acres: 0.1653
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7200.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7200.00

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2021
Closed on
Aug 16, 2021
Sold by
Ream Christopher and Ream Anne
Bought by
Chow Erika Tiffanie
Seller's Agent
Michael Repka
Deleon Realty
Buyer's Agent
Joseph Yen
Compass
List Price
$4,988,000
Sold Price
$4,800,000
Premium/Discount to List
-$188,000
-3.77%
Current Estimated Value
$6,510,911

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,710,911
Avg. Annual Appreciation
8.59%

Purchase Details

Closed on
Nov 21, 1995
Sold by
Ream Christopher and Ream Anne
Bought by
Ream Christopher and Ream Anne
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
Chow Erika Tiffanie $4,800,000 Chicago Title Company
Ream Christopher -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ream Christopher $500,000
Previous Owner Ream Christopher $497,000
Previous Owner Ream Christopher $393,100
Previous Owner Ream Christopher $511,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2021 08/24/21 Sold $4,800,000 -3.8% $1,552 / Sq Ft
08/14/2021 08/14/21 Pending -- -- --
07/28/2021 07/28/21 For Sale $4,988,000 -- $1,613 / 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 $59,663 $5,093,798 $4,563,194 $530,604
2024 $59,663 $4,993,920 $4,473,720 $520,200
2023 $58,790 $4,896,000 $4,386,000 $510,000
2022 $58,120 $4,800,000 $4,300,000 $500,000
2021 $16,199 $1,287,354 $663,131 $624,223
2020 $15,873 $1,274,155 $656,332 $617,823
2019 $15,693 $1,249,172 $643,463 $605,709
2018 $15,271 $1,224,680 $630,847 $593,833
2017 $15,001 $1,200,668 $618,478 $582,190
2016 $14,604 $1,177,126 $606,351 $570,775
2015 $14,457 $1,159,446 $597,244 $562,202
2014 $14,118 $1,136,735 $585,545 $551,190
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81855694

MLSListings

APN: 003-21-057