NOT LISTED FOR SALE

Estimated Value: $4,904,000 - $6,478,000

4 Beds
3.5 Baths
3,700 Sq Ft
$1,468/Sq Ft Est. Value

Last Sold July 31, 2013

Last sale price $2,800,000 $757 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $32,199/month

44 Days on Market

Highlights

  • Primary Bedroom Suite
  • Family Room with Fireplace
  • Traditional Architecture
  • Walter Hays Elementary Rated A+
  • Vaulted Ceiling
  • Wood Flooring

About This Home

As of July 2013

Rose-covered arbor creates enchanting entrance to surprisingly spacious home w/ options for variety of lifestyle needs. 3-level res has 4 bdrms, 3.5 baths, incl lower-level studio w/ kitch & outside entr for sep living space. Sep guest house with kitch & loft bedrm, ideal as rental or for extended family members. Hardwd floors, towering cathedral clngs, op skylights. English gdns & priv rear yard

Last Agent to Sell the Property

Jolaine & Jack Woodson

Compass License #70000275 Listed on: 05/14/2013

Last Buyer's Agent

Gary Kurtz

Compass License #01710776

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $40,535

Year Built

  • Built in 1926

Lot Details

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

Parking

  • Off-Street Parking

Home Design

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

Interior Spaces

  • 3,700 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Garden Windows
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Bonus Room

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Built-In Self-Cleaning Oven
  • Microwave
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Thermostat
  • 220 Volts
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 003-43-042

Home Details

Home Type

Single Family

Est. Annual Taxes

$40,535

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Style: Traditional
  • Age: 87
  • Sale Price Per Sq Ft: 756.76
  • Level Street Main: Bedroom(s)
  • Listing Class: Residential
  • Structure Sq Ft: 3700
  • Barclay Horizontal: 9
  • Barclays Page: 12
  • Incorporated: Yes
  • Map Book Page: 791
  • Map Book Page Secondary: 12
  • Map Side Coordinate: 4
  • Map Side Coordinate Secondary: 84
  • Map Top Coordinate: A
  • Map Top Coordinate Secondary: 9
  • Thomas Bros Page: 791
  • Thomas Brothers: A4
  • Year Built: 1926
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Family Room, Living Room, Wood Burning, Gas Starter, Yes
  • Dining Room: Formal Dining Room, Breakfast Bar
  • Kitchen: Cooktop, Garbage Disposal, Dishwashers - 2+, Microwave, Ovens - 2+, Oven - Self Cleaning, Trash Compactor, Refrigerators - 2+, Oven - Built-In, 220 Volt Outlet, Hookups - Gas
  • Living Sq Ft: 3700
  • Stories: 2
  • Bedrooms: Primary Suite / Retreat, Ground Floor Bedroom
  • Laundry: In Laundry Room, Dryer, Washer, Gas Hookup
  • Flooring: Tile, Carpet - Wall to Wall, Hardwood
  • Additional Rooms: Bonus / Hobby Room, Basement - Full, Basement - Partial, Separate Living Unit, Storage
  • Maximum Bathrooms: 4
  • Maximum Numberof Bedrooms: 4
  • Minimum Bathrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Pool - No
  • Roof: Shingle, Composition
  • View: Local/Neighborhood
  • Yard/Grounds: Patio(s), Sprinkler(s) - Front, Sprinkler(s) - Rear, Sprinklers - Auto
  • Exterior: Stucco

Garage/Parking

  • Garage Parking Features: Converted, Off-Street Parking

Utilities

  • Cooling System: Central AC
  • Heating System: Heating - 2+ Zones, Forced Air, Gas
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Double Pane Windows(s), Garden Window, High Ceiling, Vaulted Ceiling, Built-in Vacuum

Schools

  • School District: Palo Alto Unified
  • Elementary School: Walter Hays Elementary
  • Middle School: David Starr Jordan Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 315
  • Middle School: 329

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 003-43-042
  • List Price per Sq Ft: 810.27
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5600.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 5600.00
  • Lot Size Area Min Search: 5600.00
  • Maximum Lot Size: 5600.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Green Features

  • Energy Features: Weather Stripped Door(s), Double Pane Windows, Skylight, Thermostat Controller, Ceiling Fan(s)

Multi Family

  • Maximum Building Height: 2
  • Minimum Building Height: 2

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Walter Hays Elementary
  • High School Text: Palo Alto High
  • Middle School Text: David Starr Jordan Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 25, 2013
Sold by
Ernest Ivan and Ernest Shana
Bought by
Ernest Ivan and Ernest Shana Advani
Total Days on Market
44
Current Estimated Value
$5,430,706

Purchase Details

Listed on
May 14, 2013
Closed on
Jul 15, 2013
Sold by
Collins Charles H and Collins Paula L
Bought by
Ernest Ivan and Ernest Shana
Seller's Agent
Jolaine & Jack Woodson
Compass
Buyer's Agent
Gary Kurtz
Compass
List Price
$3,295,000
Sold Price
$2,800,000
Premium/Discount to List
-$495,000
-15.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.27%
Original Mortgage
$1,500,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 1995
Sold by
Collins Charles H and Collins Paula
Bought by
Collins Charles H and Collins Paula L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
8.43%
Source: Public Records

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Range of Values:

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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
Ernest Ivan -- None Available
Ernest Ivan $2,800,000 Chicago Title Company
Collins Charles H -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ernest Ivan $180,600
Open Ernest Ivan $1,431,000
Closed Ernest Ivan $1,500,000
Previous Owner Collins Charles H $500,000
Previous Owner Collins Charles H $500,000
Previous Owner Collins Charles H $250,000
Previous Owner Collins Charles H $550,000
Previous Owner Collins Charles H $108,515
Previous Owner Collins Charles H $400,000
Previous Owner Collins Charles H $100,000
Previous Owner Collins Charles H $225,000
Previous Owner Collins Charles H $185,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2013 07/31/13 Sold $2,800,000 -6.6% $757 / Sq Ft
06/27/2013 06/27/13 Pending -- -- --
06/06/2013 06/06/13 Price Changed $2,998,000 -9.0% $810 / Sq Ft
05/14/2013 05/14/13 For Sale $3,295,000 -- $891 / 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
2024 $40,535 $3,365,106 $2,644,015 $721,091
2023 $39,941 $3,299,124 $2,592,172 $706,952
2022 $39,483 $3,234,437 $2,541,346 $693,091
2021 $38,706 $3,171,017 $2,491,516 $679,501
2020 $37,901 $3,138,503 $2,465,969 $672,534
2019 $37,485 $3,076,965 $2,417,617 $659,348
2018 $36,449 $3,016,633 $2,370,213 $646,420
2017 $35,811 $2,957,485 $2,323,739 $633,746
2016 $34,875 $2,899,496 $2,278,176 $621,320
2015 $34,539 $2,855,944 $2,243,956 $611,988
2014 $33,877 $2,800,000 $2,200,000 $600,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81316602

MLSListings

APN: 003-43-042