NOT LISTED FOR SALE

Estimated Value: $2,578,000 - $3,190,000

4 Beds
3 Baths
1,485 Sq Ft
$1,926/Sq Ft Est. Value

Last Sold August 11, 2020

Last sale price $2,325,000 $1,566 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $17,953/month

7 Days on Market

Highlights

  • Primary Bedroom Suite
  • Traditional Architecture
  • Outdoor Kitchen
  • Laurel Elementary School Rated A
  • Wood Flooring
  • Solid Surface Bathroom Countertops

About This Home

As of August 2020

This remodeled dwelling in the heart of the Willows is highlighted by its open floor plan, separate cottage & walkability to downtown Palo Alto. The picturesque front yard provides an inviting first impression. The sunlit great room combines living, dining & an open concept kitchen for social meal preparation. The remodeled chef's kitchen features quartz counters, stainless appliances, counter seating & a walk-in pantry. The bedroom wing offers a master suite plus two bright bedrooms with hall bath. The rear yard is an incredible oasis for entertaining & al fresco dining with an outdoor kitchen, expansive terrace, lush lawn & mature landscaping. The separate cottage with full bath & vaulted ceiling provides versatile auxiliary living space - more important now than ever - with flexible applications as a detached home office, au pair quarters, in-law suite or gym. Top Menlo Park schools. Walking distance to University Ave in downtown Palo Alto & moments to Facebook, Hwy 101 & Stanford.

Last Agent to Sell the Property

Billy McNair

Compass License #01343603 Listed on: 06/26/2020

Compass

Last Buyer's Agent

Jennifer Buenrostro

Compass License #01733750

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,854

Year Built

  • 1947

Lot Details

  • 6,368 Sq Ft Lot
  • Fenced
  • Level Lot
  • Sprinkler System
  • Back Yard

Parking

  • Off-Street Parking

Home Design

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

Interior Spaces

  • 1,485 Sq Ft Home
  • 1-Story Property
  • Formal Entry
  • Living Room with Fireplace
  • Dining Area
  • Neighborhood Views

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Stone
  • Tile
  • Travertine

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Remodeled Bathroom
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Solid Surface Bathroom Countertops
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Outdoor Kitchen
  • Shed
  • Barbecue Area

Utilities

  • Forced Air Heating System

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,854

Year Built

1947

Lot Details

0

Listing Details

  • Zoning: R10008
  • Subclass: Single Family Home
  • Style: Traditional
  • Age: 73
  • Listing Class: Residential
  • Structure Sq Ft: 1485
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1947

Interior Features

  • Fireplace: Living Room
  • Dining Room: Breakfast Bar, Dining Area
  • Kitchen: Countertop - Quartz, Dishwasher, Garbage Disposal, Microwave, Oven Range - Gas, Pantry, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1485
  • Stories: 1
  • Bedrooms: Ground Floor Bedroom, Primary Bedroom On Ground Floor, Primary Suite / Retreat, More Than One Bedroom On Ground Floor
  • Laundry: Dryer, Inside, Washer
  • Flooring: Hardwood, Stone, Tile, Travertine
  • Additional Rooms: Formal Entry
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Bathroom: Full On Ground Floor, Primary - Stall Shower(s), Shower Over Tub - 1, Solid Surface, Stall Shower, Tile, Updated Bath

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition, Shingle
  • View: Neighborhood
  • Yard/Grounds: Back Yard, Balcony / Patio, Bbq Area, Fenced, Outdoor Kitchen, Sprinklers - Lawn, Storage Shed / Structure

Garage/Parking

  • Garage Parking Features: Off-Street Parking, Parking Area

Utilities

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

Schools

  • School District: Sequoia Union High
  • Elementary School: Laurel Elementary
  • Middle School: Hillview Middle
  • High School: Menlo-Atherton High
  • High School: 658
  • Elementary School: 653
  • Middle School: 642

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1462
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6370.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6370.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2020
Closed on
Jul 30, 2020
Sold by
Shoup Michael and Shoup Jennifer
Bought by
Satkin Scott Benjamin and Satkin Michelle Carol
Seller's Agent
Billy McNair
Compass
Buyer's Agent
Jennifer Buenrostro
Compass
List Price
$2,249,000
Sold Price
$2,325,000
Premium/Discount to List
$76,000
3.38%
Current Estimated Value
$2,860,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$535,431
Avg. Annual Appreciation
4.28%
Original Mortgage
$1,627,500
Outstanding Balance
$1,449,577
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$1,428,210

Purchase Details

Closed on
Mar 4, 2014
Sold by
Shoup Michael and Shoup Jennifer
Bought by
The Shoup Family Revocable Trust and Shoup Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$839,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 1, 2012
Sold by
Shoup Michael A and Shoup Jennifer H
Bought by
Shoup Michael and Shoup Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$871,500
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2010
Sold by
Shoup Michael and Shoup Jennifer
Bought by
Shoup Michael A and Shoup Jennifer H

Purchase Details

Closed on
Jun 27, 2002
Sold by
Elkins Arden Stanley
Bought by
Shoup Michael and Shoup Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,900
Interest Rate
6.12%

Purchase Details

Closed on
Jul 27, 1993
Sold by
Elkins Virginia P
Bought by
The Virginia P Elkins Revocable Living
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
Satkin Scott Benjamin $2,325,000 Chicago Title Company
The Shoup Family Revocable Trust -- Consumers Title Company
Shoup Michael -- Advantage Title Inc
Shoup Michael A -- None Available
Shoup Michael $651,500 First American Title Guarant
The Virginia P Elkins Revocable Living -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Satkin Scott Benjamin $1,627,500
Previous Owner Shoup Michael Andrew $550,000
Previous Owner Shoup Michael $799,000
Previous Owner The Shoup Family Revocable Trust $839,000
Previous Owner Shoup Michael $871,500
Previous Owner Shoup Michael A $875,000
Previous Owner Shoup Michael $245,916
Previous Owner Shoup Michael $200,000
Previous Owner Shoup Michael $669,000
Previous Owner Shoup Michael A $200,000
Previous Owner Shoup Michael $83,000
Previous Owner Shoup Michael $664,000
Previous Owner Shoup Michael $520,900
Closed Shoup Michael $97,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2020 08/11/20 Sold $2,325,000 +3.4% $1,566 / Sq Ft
07/04/2020 07/04/20 Pending -- -- --
06/26/2020 06/26/20 For Sale $2,249,000 -- $1,514 / 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 $29,854 $2,516,653 $1,948,377 $568,276
2023 $29,854 $2,418,930 $1,872,720 $546,210
2022 $28,494 $2,371,500 $1,836,000 $535,500
2021 $27,886 $2,325,000 $1,800,000 $525,000
2020 $11,861 $862,381 $662,153 $200,228
2019 $11,679 $845,472 $649,170 $196,302
2018 $11,364 $828,895 $636,442 $192,453
2017 $11,155 $812,643 $623,963 $188,680
2016 $10,746 $796,710 $611,729 $184,981
2015 $10,604 $784,744 $602,541 $182,203
2014 $10,379 $769,373 $590,739 $178,634
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81798417

MLSListings

APN: 062-302-080