NOT LISTED FOR SALE

Estimated Value: $4,757,000 - $6,728,000

4 Beds
2 Baths
2,881 Sq Ft
$1,968/Sq Ft Est. Value

Last Sold September 30, 2020

Last sale price $4,065,000 $1,411 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $35,199/month

45 Days on Market

Highlights

  • Family Room with Fireplace
  • Spanish Architecture
  • Formal Dining Room
  • Addison Elementary School Rated A+
  • Neighborhood Views
  • Forced Air Heating System

About This Home

As of September 2020

Unique 1927 Spanish style home in a superb location in Palo Alto's Crescent Park on large 11,250 sf lot (75 x 150). Build new (Flood Zone, FAR 4125) or remodel using the beautiful original architectural details. Molded plaster mantelpiece, arched windows, elliptical barreled ceilings. 4 bedrooms, 2 baths. Post Modern family room added in 1960s features a very cool post modern center-of-the-room gas fireplace, slate floor and floor to ceiling windows. The lot has several mature shade trees, fruit trees and a lone Redwood at the rear. Close to downtown Palo Alto's shops and restaurants, 101 freeway. Addison Elementary, Greene Middle and Palo Alto High School (buyer to verify with PAUSD).

Last Agent to Sell the Property

Michael Hall

Compass License #01133676 Listed on: 06/22/2020

Compass

Co-Listed By

Tricia Soliz

Compass License #01836700

Last Buyer's Agent

Umang Sanchorawala

Compass License #01471341

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $51,594

Year Built

  • 1927

Lot Details

  • 0.26 Acre Lot
  • South Facing Home

Parking

  • 1 Carport Space

Home Design

  • Spanish Architecture
  • Raised Foundation
  • Tile Roof
  • Tar and Gravel Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 2,881 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Neighborhood Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System

Home Details

Home Type

Single Family

Est. Annual Taxes

$51,594

Year Built

1927

Lot Details

0

Listing Details

  • Zoning: R1929
  • Subclass: Single Family Home
  • Style: Spanish
  • Age: 93
  • Listing Class: Residential
  • Structure Sq Ft: 2881
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1927

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Gas Burning, Gas Log, Living Room, Wood Burning
  • Dining Room: Formal Dining Room
  • Fireplace: Yes
  • Living Sq Ft: 2881
  • Stories: 1
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Foundation: Concrete Perimeter, Raised
  • Roof: Tar And Gravel, Tile
  • View: Neighborhood
  • Property Faces: South
  • Construction Type: Stucco

Garage/Parking

  • Garage Parking Features: Carport
  • Carport Min: 1

Utilities

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

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: 0.2583
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 11250.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 11250.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2020
Closed on
Sep 30, 2020
Sold by
Hansen Cory Genevieve
Seller's Agent
Michael Hall
Compass
Buyer's Agent
Umang Sanchorawala
Compass
List Price
$4,400,000
Sold Price
$4,065,000
Premium/Discount to List
-$335,000
-7.61%
Current Estimated Value
$5,670,767

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,605,767
Avg. Annual Appreciation
7.03%
Original Mortgage
$2,000,000
Outstanding Balance
$1,790,912
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$3,879,855

Purchase Details

Listed on
Jun 22, 2020
Closed on
Sep 1, 2020
Sold by
Cory Lauren Colleen
Bought by
Verma Sanjay and Choudhry Shweta
Seller's Agent
Michael Hall
Compass
Buyer's Agent
Umang Sanchorawala
Compass
List Price
$4,400,000
Sold Price
$4,065,000
Premium/Discount to List
-$335,000
-7.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Outstanding Balance
$1,790,912
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$3,879,855

Purchase Details

Closed on
Jul 2, 2009
Sold by
Cory Genevieve H
Bought by
Cory Genevieve H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 29, 2007
Sold by
Cory Lauren Colleen
Bought by
Cory Genevieve H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.4%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 25, 2007
Sold by
Cory Genevieve H
Bought by
Cory Lauren Colleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,000
Interest Rate
6.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 28, 1994
Sold by
Cory Genevieve H
Bought by
Cory Genevieve H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,000
Interest Rate
3.75%

Purchase Details

Closed on
Dec 15, 1993
Sold by
Cory Genevieve H
Bought by
Cory Genevieve H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,000
Interest Rate
3.75%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
-- -- --
Verma Sanjay $4,065,000 Chicago Title Company
Cory Lauren Colleen -- Accommodation
Cory Genevieve H -- Servicelink
Cory Genevieve H -- Chicago Title Company
Cory Lauren Colleen -- None Available
Cory Genevieve H -- --
Cory Genevieve H -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Verma-Choudhry Family Trust $1,250,000
Open Verma Sanjay $2,000,000
Previous Owner Cory Genevieve H $417,000
Previous Owner Cory Genevieve H $220,000
Previous Owner Cory Genevieve H $417,000
Previous Owner Cory Genevieve H $245,000
Previous Owner Cory Genevieve H $60,000
Previous Owner Cory Genevieve H $217,000
Previous Owner Cory Genevieve H $100,000
Previous Owner Cory Genevieve H $303,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2020 09/30/20 Sold $4,065,000 -0.9% $1,411 / Sq Ft
08/07/2020 08/07/20 Pending -- -- --
08/03/2020 08/03/20 Price Changed $4,100,000 -3.5% $1,423 / Sq Ft
07/13/2020 07/13/20 Price Changed $4,250,000 -3.4% $1,475 / Sq Ft
06/22/2020 06/22/20 For Sale $4,400,000 -- $1,527 / 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 $51,594 $4,400,085 $4,221,485 $178,600
2024 $51,594 $4,313,810 $4,138,711 $175,099
2023 $50,837 $4,229,226 $4,057,560 $171,666
2022 $50,255 $4,146,300 $3,978,000 $168,300
2021 $49,265 $4,065,000 $3,900,000 $165,000
2020 $3,378 $205,731 $90,498 $115,233
2019 $3,335 $201,698 $88,724 $112,974
2018 $3,264 $197,744 $86,985 $110,759
2017 $3,205 $193,868 $85,280 $108,588
2016 $3,115 $190,067 $83,608 $106,459
2015 $3,078 $187,213 $82,353 $104,860
2014 $2,924 $183,546 $80,740 $102,806
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81797694

MLSListings

APN: 003-07-023