NOT LISTED FOR SALE

Estimated Value: $4,574,000 - $6,641,000

4 Beds
3.5 Baths
2,860 Sq Ft
$2,045/Sq Ft Est. Value

Last Sold November 27, 2019

Last sale price $4,900,000 $1,713 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $36,253/month

8 Days on Market

Highlights

  • Art Studio
  • Fireplace in Primary Bedroom
  • Wood Flooring
  • Walter Hays Elementary Rated A+
  • Soaking Tub in Primary Bathroom
  • 3-minute walk to Rinconada Park

About This Home

As of November 2019

SPECTACULAR location in the heart of sought after Community Center just steps to Rinconada Park, the Main and Children's libraries, Walter Hays Elementary and Lucie Stern Community Center. Exceptionally designed custom-built home evokes sophisticated elegance and timeless appeal. The spacious floor plan features soaring ceilings, rich millwork and elegant windows. Gracious formal and casual living spaces are embraced by the expansive open concept kitchen and family room with access to the private backyard setting. Main level bedroom w/adjacent full bath offers possibilities for guest or home office use. Three upstairs bedrooms include the wonderful master suite complete with walk-in closet & master bath w/dual sinks, separate tub & stall shower. Additional amenities: separate yoga/artist studio, 3 fireplaces, abundant storage & 2-car attached garage. Adding to the appeal of this home is its close proximity to an array of local amenities, top rated schools & vibrant downtown Palo Alto.

Last Agent to Sell the Property

Sherry Bucolo

Compass License #00613242 Listed on: 10/24/2019

Compass

Co-Listed By

Christy Giuliacci

Compass License #01506761

Last Buyer's Agent

nicholas french

Christie's International Real Estate Sereno License #01350085

Christie's International Real Estate Sereno

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $62,632

Year Built

  • 1999

Lot Details

  • 8,372 Sq Ft Lot
  • Fenced
  • Sprinklers on Timer
  • Back Yard

Parking

  • 2 Car Garage

Home Design

  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,860 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Gas Log Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Dining Area
  • Art Studio

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Gas Cooktop
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • Dual Sinks
  • Soaking Tub in Primary Bathroom
  • Bathtub with Shower
  • Oversized Bathtub in Primary Bathroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer
  • Laundry Tub

Outdoor Features

  • Shed

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Vented Exhaust Fan

Home Details

Home Type

Single Family

Est. Annual Taxes

$62,632

Year Built

1999

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Age: 20
  • Listing Class: Residential
  • Structure Sq Ft: 2860
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1999

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Family Room, Gas Log, Living Room, Primary Bedroom
  • Dining Room: Breakfast Bar, Breakfast Nook, Dining Area
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 2860
  • Stories: 2
  • Bedrooms: Ground Floor Bedroom
  • Laundry: Tub / Sink, Washer / Dryer
  • Flooring: Carpet, Hardwood, Tile
  • Additional Rooms: Artist Studio, Laundry Room, Storage
  • Fireplaces Min: 3
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Full On Ground Floor, Half On Ground Floor, Primary - Oversized Tub, Primary - Stall Shower(s), Showers Over Tubs - 2+

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Concrete, Tile
  • Yard/Grounds: Back Yard, Fenced, Sprinklers - Auto, Sprinklers - Lawn, Storage Shed / Structure

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Central Ac, Multi-Zone
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Walk-In Closet

Schools

  • School District: Palo Alto Unified
  • Elementary School: Walter Hays Elementary
  • Middle School: Frank S. Greene Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 315
  • Middle School: 329

Lot Info

  • Lot Acres: 0.1922
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8372.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8372.00

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2019
Closed on
Nov 19, 2019
Sold by
Mirchandani Sandeep and Xu Jingjing
Bought by
Zhu Xiangfei and Liu Yan
Seller's Agent
Sherry Bucolo
Compass
Buyer's Agent
nicholas french
Christie's International Real Estate Sereno
List Price
$4,895,000
Sold Price
$4,900,000
Premium/Discount to List
$5,000
0.1%
Total Days on Market
8
Current Estimated Value
$5,847,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$947,638
Avg. Annual Appreciation
3.22%
Original Mortgage
$3,185,000
Outstanding Balance
$2,832,081
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$3,001,441

Purchase Details

Closed on
Sep 21, 2019
Sold by
Mirchandani Sandeep and Xu Jingjing
Bought by
Xu Jingjing

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,185,000
Outstanding Balance
$2,832,081
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$3,001,441

Purchase Details

Closed on
May 15, 2014
Sold by
Mirchandani Sandeep and Xu Jingjing
Bought by
Mirchandani Xu Family Trust and Xu Jingjing

Purchase Details

Closed on
May 17, 2010
Sold by
Weller Daniel C and Weller Dannie G
Bought by
Mirchandani Sandeep and Xu Jingjing

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2004
Sold by
Weller Daniel C and Weller Dannie G
Bought by
Weller Daniel C and Weller Dannie G

Purchase Details

Closed on
Dec 17, 2001
Sold by
Herrell Kelly M and Herrell Sharon M
Bought by
Weller Daniel Christopher

Purchase Details

Closed on
Sep 11, 2000
Sold by
Liu Jui L and Wang Mei W
Bought by
Herrell Kelly M and Herrell Sharon M

Purchase Details

Closed on
Apr 22, 1998
Sold by
Clagstone Ann K and Marple Robert L Trus
Bought by
Liu Jui Long and Wang Mei Wen

Purchase Details

Closed on
Jul 12, 1995
Sold by
Marple Ann K
Bought by
Clagstone Ann K and Devoto Katherine M
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
Zhu Xiangfei $4,900,000 Chicago Title Company
Xu Jingjing -- First American Title Ins Co
Mirchandani Sandeep -- First American Title Ins Co
Mirchandani Xu Family Trust -- None Available
Mirchandani Sandeep -- Chicago Title Company
Weller Daniel C -- --
Weller Daniel Christopher -- Old Republic Title Company
Herrell Kelly M -- Chicago Title Co
Liu Jui Long $755,000 Old Republic Title Company
Clagstone Ann K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhu Xiangfei $3,185,000
Previous Owner Xu Jingjing $1,170,000
Previous Owner Mirchandani Sandeep $615,000
Previous Owner Mirchandani Sandeep $625,000
Previous Owner Mirchandani Sandeep $729,750
Previous Owner Mirchandani Sandeep $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2019 11/27/19 Sold $4,900,000 +0.1% $1,713 / Sq Ft
11/02/2019 11/02/19 Pending -- -- --
10/24/2019 10/24/19 For Sale $4,895,000 -- $1,712 / 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 $62,632 $5,253,787 $4,610,467 $643,320
2023 $61,731 $5,150,772 $4,520,066 $630,706
2022 $61,094 $5,049,778 $4,431,438 $618,340
2021 $59,892 $4,950,764 $4,344,548 $606,216
2020 $58,637 $4,900,000 $4,300,000 $600,000
2019 $40,109 $3,297,877 $2,487,873 $810,004
2018 $38,999 $3,233,214 $2,439,092 $794,122
2017 $38,316 $3,169,818 $2,391,267 $778,551
2016 $37,315 $3,107,666 $2,344,380 $763,286
2015 $36,956 $3,060,987 $2,309,166 $751,821
2014 $36,173 $3,001,027 $2,263,933 $737,094
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81773551

MLSListings

APN: 003-45-078