NOT LISTED FOR SALE

1229 Stanford Ave Palo Alto, CA 94306

Estimated Value: $3,331,000 - $3,658,000

4 Beds
2 Baths
1,839 Sq Ft
$1,893/Sq Ft Est. Value

Last Sold May 03, 2021

Last sale price $3,100,000 $1,686 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $21,849/month

12 Days on Market

Highlights

  • Wood Flooring
  • High Ceiling
  • 1 Car Detached Garage
  • Escondido Elementary School Rated A+
  • Workshop
  • Breakfast Bar

About This Home

As of May 2021

Welcome to this beautifully updated heritage home in Palo Alto's College Terrace neighborhood, located across the street from the Stanford Campus. This comfortable and meticulously-maintained home has 2 beds/1 bath downstairs and 2 beds/1 bath upstairs. Hardwood floors throughout downstairs and new Berber style carpet upstairs. The upstairs hall loft functions as a family room and extra office space. The backyard is perfect for relaxing gatherings and morning coffee. With its new foundation, the HUGE bonus +/- 1050 sqft basement is an inviting space for fitness, hobbies or possible buildout (buyer to check details with City). The detached "Hewlett Packard"-style garage can function as a work room or auxiliary covered outdoor space. Walk to California Avenue shops and farmers market, walk to the Stanford Dish. Located across the street from Stanford Campus. Excellent Palo Alto Schools: Escondido, Greene, Palo Alto High

Last Agent to Sell the Property

Andrea Kohler

Intero Real Estate Services License #01743299 Listed on: 03/18/2021

Intero Real Estate Services

Last Buyer's Agent

Jerylann Mateo

Compass License #01362250

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,650

Year Built

  • 1900

Lot Details

  • 5,545 Sq Ft Lot
  • Level Lot

Parking

  • 1 Car Detached Garage
  • Workshop in Garage
  • Garage Door Opener
  • Guest Parking

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,839 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Dining Area
  • Workshop
  • Storage Room
  • Alarm System

Kitchen

  • Breakfast Bar
  • Gas Cooktop

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in Utility Room
  • Washer and Dryer
  • Laundry Tub

Utilities

  • Forced Air Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,650

Year Built

1900

Lot Details

0

Parking

1

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Age: 121
  • Listing Class: Residential
  • Structure Sq Ft: 1839
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1900

Interior Features

  • Dining Room: Breakfast Bar, Dining Area
  • Kitchen: Cooktop - Gas
  • Living Sq Ft: 1839
  • Stories: 1
  • Security: Security Alarm
  • Bedrooms: Primary Bedroom On Ground Floor, More Than One Bedroom On Ground Floor
  • Laundry: In Utility Room, Tub / Sink, Washer / Dryer
  • Flooring: Carpet, Hardwood, Laminate, Tile
  • Additional Rooms: Storage, Workshop
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Bathroom: Shower And Tub, Updated Bath

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition
  • Construction Type: Wood

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Detached Garage, Gate / Door Opener, Guest / Visitor Parking, Parking Area, Parking Restrictions, Room For Oversized Vehicle, Workshop In Garage

Utilities

  • Cooling System: Ceiling Fan, Central Ac
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: High Ceiling

Schools

  • School District: Palo Alto Unified
  • Elementary School: Escondido Elementary
  • Middle School: Frank S. Greene Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 313
  • Middle School: 329

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1273
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5547.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5547.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 17, 2024
Sold by
Thurston William A and Thurston William Andrew
Bought by
William Thurston Living Trust and Thurston
Current Estimated Value
$3,480,851

Purchase Details

Listed on
Mar 18, 2021
Closed on
Apr 20, 2021
Sold by
Willow Thomas Andrew and Willow Beatrix Plankl
Bought by
Thurston William A
Seller's Agent
Andrea Kohler
Intero Real Estate Services
Buyer's Agent
Jerylann Mateo
Compass
List Price
$2,975,000
Sold Price
$3,100,000
Premium/Discount to List
$125,000
4.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.51%
Original Mortgage
$2,480,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2011
Sold by
Thielbar Lisa Chu
Bought by
Willow Thomas Andrew and Willow Beatrix Plankl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,040,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 2001
Sold by
Thielbar Lisa Chu and Chu Lisa
Bought by
Thielbar Lisa Chu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,000
Interest Rate
7.13%

Purchase Details

Closed on
Jun 2, 1994
Sold by
Marinaro Nicholas J and Marinaro Joan M
Bought by
Chu Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
8.35%

Purchase Details

Closed on
Dec 9, 1993
Sold by
Marinaro Joan M
Bought by
Marinaro Nicholas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,000
Interest Rate
4.62%
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
William Thurston Living Trust -- None Listed On Document
Thurston William A $3,100,000 First American Title Company
Willow Thomas Andrew $1,299,750 Old Republic Title Company
Thielbar Lisa Chu -- First American Title Co
Chu Lisa $380,000 Santa Clara Land Title Compa
Marinaro Nicholas J -- American Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open William Thurston Living Trust $350,000
Previous Owner Thurston William A $2,480,000
Previous Owner Willow Thomas Andrew $1,297,000
Previous Owner Willow Thomas Andrew $988,145
Previous Owner Willow Thomas Andrew $500,000
Previous Owner Willow Thomas Andrew $1,030,000
Previous Owner Willow Thomas Andrew $1,040,000
Previous Owner Thielbar Lisa Chu $247,000
Previous Owner Chu Lisa $180,000
Previous Owner Marinaro Nicholas J $297,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2021 05/03/21 Sold $3,100,000 +4.2% $1,686 / Sq Ft
03/30/2021 03/30/21 Pending -- -- --
03/18/2021 03/18/21 For Sale $2,975,000 -- $1,618 / 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 $39,650 $3,355,538 $3,084,930 $270,608
2024 $39,650 $3,289,744 $3,024,442 $265,302
2023 $39,069 $3,225,240 $2,965,140 $260,100
2022 $38,620 $3,162,000 $2,907,000 $255,000
2021 $18,832 $1,508,517 $779,556 $728,961
2020 $18,449 $1,493,050 $771,563 $721,487
2019 $18,242 $1,463,776 $756,435 $707,341
2018 $17,748 $1,435,075 $741,603 $693,472
2017 $17,435 $1,406,937 $727,062 $679,875
2016 $16,975 $1,379,351 $712,806 $666,545
2015 $16,805 $1,358,632 $702,099 $656,533
2014 $16,428 $1,332,019 $688,346 $643,673
Source: Public Records

Agents Affiliated with this Home

  • Andrea Kohler

    Seller's Agent in 2021

    Andrea Kohler

    Intero Real Estate Services

    (415) 341-3677

    18 Total Sales

    Andrea Kohler
    Section Image
  • Jerylann Mateo

    Buyer's Agent in 2021

    Jerylann Mateo

    Compass

    (650) 743-7895

    72 Total Sales

    Jerylann Mateo
    Section Image
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Map

Source: MLSListings

MLS Number: ML81831012

MLSListings

APN: 137-06-010

California Santa Clara County Palo Alto 94305

1229 Stanford Ave, Palo Alto, CA

This home is located at 1229 Stanford Ave, Palo Alto, CA 94306 since 18 March 2021 and is currently estimated at $3,480,851, approximately $1,892 per square foot. This property was built in 1900. 1229 Stanford Ave is a home located in Santa Clara County with nearby schools including Escondido Elementary School, Frank S. Greene Jr. Middle, and Palo Alto High School.

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