NOT LISTED FOR SALE

1215 Stanford Ave Palo Alto, CA 94306

Estimated Value: $2,749,000 - $2,946,990

3 Beds
1 Bath
1,186 Sq Ft
$2,398/Sq Ft Est. Value

Last Sold June 04, 2021

Last sale price $2,400,000 $2,024 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $17,676/month

13 Days on Market

Highlights

  • Wood Flooring
  • 1 Fireplace
  • Washer and Dryer
  • Escondido Elementary School Rated A+
  • Bathtub with Shower
  • North Facing Home

About This Home

As of June 2021

Experience this charming Queen Anne cottage on one of Palo Alto's most desirable streets, just a stone's throw from Stanford University. Lovingly enjoyed by the owners for more than 40 years, the home is ready to be restored and enjoyed for many more years to come. Make your way up the front steps to a charming front porch as you enter to experience a world of opportunity, combined with historic detail. From the hardwood floors, to the rich moldings and high ceilings, to the expansive yard space, this property provides the perfect blank canvas to build out the dream home you have always wanted. Relish in the proximity to California Ave, Downtown Palo Alto, and the stunning Stanford Campus. Here is an opportunity to own a piece of Palo Alto history, and make it tailor-made to your specifications!

Last Agent to Sell the Property

Brett Caviness

Compass License #01935984 Listed on: 04/22/2021

Compass

Last Buyer's Agent

Cindy Wang

BQ Realty License #02104795

BQ Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,245

Year Built

  • 1900

Lot Details

  • 6,190 Sq Ft Lot
  • North Facing Home

Parking

  • 1 Car Garage
  • On-Street Parking

Home Design

  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 1,186 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Dining Area
  • Wood Flooring
  • Washer and Dryer

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Utilities

  • Heating System Uses Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,245

Year Built

1900

Lot Details

0

Parking

1

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Age: 121
  • Listing Class: Residential
  • Structure Sq Ft: 1186
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1900

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area
  • Living Sq Ft: 1186
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Hardwood
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Shower Over Tub - 1

Exterior Features

  • Foundation: Raised
  • Roof: Composition
  • Property Faces: North

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: On Street

Utilities

  • Heating System: Gas
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Palo Alto Unified

Lot Info

  • Lot Acres: 0.1421
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6191.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6191.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2021
Closed on
Jun 1, 2021
Sold by
Haggerty Paul and Haggerty Rosemary
Bought by
Tao Fengfeng and Ding Zhimei
Seller's Agent
Brett Caviness
Compass
Buyer's Agent
Cindy Wang
BQ Realty
List Price
$2,800,000
Sold Price
$2,400,000
Premium/Discount to List
-$400,000
-14.29%
Current Estimated Value
$2,844,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$444,498
Avg. Annual Appreciation
4.50%
Original Mortgage
$1,200,000
Outstanding Balance
$1,088,814
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$1,809,411
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
Tao Fengfeng $2,400,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Tao Fengfeng $0
Open Tao Fengfeng $1,200,000
Previous Owner Haggerty Paul $250,000
Previous Owner Haggerty Paul $178,229
Previous Owner Haggerty Paul $197,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2021 06/04/21 Sold $2,400,000 -14.3% $2,024 / Sq Ft
05/05/2021 05/05/21 Pending -- -- --
04/22/2021 04/22/21 For Sale $2,800,000 -- $2,361 / 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 $30,245 $2,622,805 $2,516,654 $106,151
2024 $30,245 $2,571,378 $2,467,308 $104,070
2023 $29,721 $2,513,960 $2,418,930 $95,030
2022 $29,185 $2,448,000 $2,371,500 $76,500
2021 $3,147 $254,200 $121,135 $133,065
2020 $3,082 $251,594 $119,893 $131,701
2019 $3,049 $246,662 $117,543 $129,119
2018 $2,979 $241,827 $115,239 $126,588
2017 $2,927 $237,086 $112,980 $124,106
2016 $2,839 $232,438 $110,765 $121,673
2015 $2,812 $228,948 $109,102 $119,846
2014 $2,770 $224,464 $106,965 $117,499
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81837707

MLSListings

APN: 137-06-011