1222 Fulton St Palo Alto, CA 94301
Community Center NeighborhoodEstimated Value: $3,298,000 - $4,060,000
4
Beds
2
Baths
1,738
Sq Ft
$2,089/Sq Ft
Est. Value
Highlights
- Breakfast Area or Nook
- Tandem Parking
- Central Heating
- Walter Hays Elementary Rated A+
About This Home
As of March 2024Great opportunity to buy a spacious 4 bedroom, 2 bath house in the desirable Community Center neighborhood of Palo Alto. This special home is ready for the next owner's vision and offers a lot of potential on a nice lot. The light-filled house has curb appeal and a highly-sought after floor plan with 4 bedrooms on 1 level. The home features a formal living room with a fireplace and formal dining room with crown moldings, built-ins, and wood floors as well as a large eat-in kitchen. The rear bedrooms offer nice outlooks of the backyard. The welcoming backyard has a beautiful, majestic redwood. There is a basement accessible from the kitchen with additional storage space. The detached garage with a long driveway for additional off-street parking completes the property. By award-winning schools, Rinconada Park, Lucie Stern Community Center, Junior Museum and Zoo, Children's Theatre, Children's Library, and Art Center. Near Stanford University and many popular restaurants, cafes, and stores on University Ave. Owned and loved by the same family for over half a century. This beautiful home has period charm and character and is awaiting imagination and transformation. There are few opportunities for houses like this in such a desirable Palo Alto location. This can be your forever home.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,232
Year Built
- Built in 1926
Lot Details
- 5,227
Parking
- 3 Open Parking Spaces
- 1 Car Garage
- Tandem Parking
Interior Spaces
- 2 Full Bathrooms
- 1,738 Sq Ft Home
- Living Room with Fireplace
Kitchen
- Breakfast Area or Nook
- Free-Standing Gas Range
- Dishwasher
Additional Features
- 5,227 Sq Ft Lot
- Central Heating
Listing and Financial Details
- Assessor Parcel Number 003-43-043
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 7, 2024
Closed on
Mar 22, 2024
Sold by
Libby Living Trust
Bought by
Sin Mark Kheng Yew and Lai Sook Wai
Seller's Agent
Kasia Meron
Compass
Buyer's Agent
Donna Tam
Christie's International Real Estate Sereno
List Price
$2,999,000
Sold Price
$3,400,000
Premium/Discount to List
$401,000
13.37%
Total Days on Market
12
Views
60
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,027
Avg. Annual Appreciation
3.29%
Original Mortgage
$2,550,000
Outstanding Balance
$2,518,584
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$1,013,652
Purchase Details
Closed on
Mar 31, 2003
Sold by
Libby Ralph and Libby Jean
Bought by
Libby Ralph and Libby Jean
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.85%
Mortgage Type
Unknown
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sin Mark Kheng Yew | $3,400,000 | First American Title | |
| Libby Ralph | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sin Mark Kheng Yew | $2,550,000 | |
| Previous Owner | Libby Jean | $0 | |
| Previous Owner | Libby Ralph | $1,207,749 | |
| Previous Owner | Libby Ralph | $430,000 | |
| Previous Owner | Libby Ralph | $100,000 | |
| Previous Owner | Libby Ralph | $280,000 | |
| Previous Owner | Libby Ralph | $100,000 | |
| Previous Owner | Libby Jean A | $150,000 | |
| Previous Owner | Libby Ralph | $36,000 | |
| Closed | Patch Services Llc | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/26/2024 03/26/24 | Sold | $3,400,000 | +13.4% | $1,956 / Sq Ft |
| 03/19/2024 03/19/24 | Pending | -- | -- | -- |
| 03/07/2024 03/07/24 | For Sale | $2,999,000 | -- | $1,726 / Sq Ft |
Source: San Francisco Association of REALTORS® MLS
Tax History Compared to Growth
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 | $1,232 | $93,709 | $45,726 | $47,983 |
| 2023 | $1,055 | $91,873 | $44,830 | $47,043 |
| 2022 | $1,042 | $90,072 | $43,951 | $46,121 |
| 2021 | $1,021 | $88,307 | $43,090 | $45,217 |
| 2020 | $999 | $87,403 | $42,649 | $44,754 |
| 2019 | $987 | $85,690 | $41,813 | $43,877 |
| 2018 | $973 | $84,011 | $40,994 | $43,017 |
| 2017 | $956 | $82,365 | $40,191 | $42,174 |
| 2016 | $918 | $80,751 | $39,403 | $41,348 |
| 2015 | $909 | $79,539 | $38,812 | $40,727 |
| 2014 | $897 | $77,982 | $38,052 | $39,930 |
Source: Public Records
Agents Affiliated with this Home
-
Kasia Meron
K
Seller's Agent in 2024
Kasia Meron
Compass
(415) 738-7000
1 in this area
10 Total Sales
-
Eva Stoyanov
Seller Co-Listing Agent in 2024
Eva Stoyanov
Compass
(415) 902-8743
1 in this area
75 Total Sales
-
Donna Tam
D
Buyer's Agent in 2024
Donna Tam
Sereno Group
(408) 329-1369
1 in this area
23 Total Sales
Map
Source: San Francisco Association of REALTORS® MLS
MLS Number: 424012277
APN: 003-43-043
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