NOT LISTED FOR SALE

1234 Pitman Ave Palo Alto, CA 94301

Crescent Park Neighborhood

Estimated Value: $5,848,000 - $6,363,000

4 Beds
3 Baths
2,700 Sq Ft
$2,266/Sq Ft Est. Value

Last Sold January 16, 2013

Last sale price $2,850,000 $1,056 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $36,046/month

11 Days on Market

Highlights

  • Primary Bedroom Suite
  • Wood Flooring
  • High Ceiling
  • Duveneck Elementary School Rated A+
  • Hydromassage or Jetted Bathtub
  • Den

About This Home

As of January 2013

IDEALLY SET ON ONE OF THE MOST COVETED STREETS IN THE HEART OF CRESCENT PARK,THIS ELEGANT CUSTOM HOME OFFERS A SPACIOUS & FLOWING FLOOR PLAN WITH 4 BD/3 BA + OFFICE ALCOVE W/BUILT-INS.LARGE FORMAL LIVING & DINING RMS.CHEF'S KITCHEN OPENS TO CASUAL BREAKFAST AREA & INVITING FAMILY RM VIEWING THE PICTURESQUE BKYD SETTING.LUXURIOUS MASTER SUITE W/BALCONY & MARBLE BATH.NEAR TOP DUVENECK ELEMENTARY.

Last Agent to Sell the Property

Christy Giuliacci

Compass License #01506761 Listed on: 11/16/2012

Compass

Last Buyer's Agent

Patricia Dwyer

Coldwell Banker Realty License #01281150

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $41,342

Year Built

  • Built in 2000

Lot Details

  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Zoning described as R1

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,700 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • High Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Log Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • Formal Dining Room
  • Den
  • Storage Room
  • Security System Owned

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • 3 Full Bathrooms
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Sewer Within 50 Feet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 003-22-029

Home Details

Home Type

Single Family

Est. Annual Taxes

$41,342

Year Built

Built in 2000

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Age: 13
  • Sale Price Per Sq Ft: 1055.56
  • Listing Class: Residential
  • Structure Sq Ft: 2700
  • Barclay Horizontal: 9
  • Barclays Page: 02
  • Incorporated: Yes
  • Map Book Page: 791
  • Map Book Page Secondary: 02
  • Map Side Coordinate: 3
  • Map Side Coordinate Secondary: 85
  • Map Top Coordinate: A
  • Map Top Coordinate Secondary: 9
  • Thomas Bros Page: 791
  • Thomas Brothers: A3
  • Year Built: 2000
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Family Room, Gas Log, Yes
  • Dining Room: Formal Dining Room, Breakfast Nook, Breakfast Bar
  • Kitchen: Pantry, Dishwasher, Cooktop, Garbage Disposal, Refrigerator, Microwave, Oven - Built-In, Hookups - Gas
  • Living Sq Ft: 2700
  • Stories: 2
  • Security: Security Alarm - Owned
  • Bedrooms: Primary Suite / Retreat
  • Laundry: In Laundry Room, Dryer, Washer
  • Flooring: Tile, Carpet - Wall to Wall, Hardwood
  • Additional Rooms: Den / Study / Office, Storage
  • Maximum Bathrooms: 3
  • Maximum Numberof Bedrooms: 4
  • Minimum Bathrooms: 3
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Bathroom: Shower over Tub - 1, Tubs - 1, Stall Shower - 2+, Tub in Primary Bedroom, Tub with Jets

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Attached Garage, Gate / Door Opener

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), High Ceiling, Wet Bar

Schools

  • School District: Palo Alto Unified
  • Elementary School: Duveneck Elementary
  • Middle School: David Starr Jordan Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 311
  • Middle School: 329

Lot Info

  • Parcel Number: 003-22-029
  • List Price per Sq Ft: 998.15
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7080.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 7080.00
  • Lot Size Area Min Search: 7080.00
  • Maximum Lot Size: 7080.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Green Features

  • Energy Features: Double Pane Windows, Skylight, 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: Duveneck Elementary
  • High School Text: Palo Alto High
  • Middle School Text: David Starr Jordan Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2012
Closed on
Feb 9, 2013
Sold by
Padmanabhan Krishnan T and Padmanabhan Krishnan
Bought by
Padmanabhan Krishnan T and Lee Louise H
Seller's Agent
Christy Giuliacci
Compass
Buyer's Agent
Patricia Dwyer
Coldwell Banker Realty
List Price
$2,695,000
Sold Price
$2,850,000
Premium/Discount to List
$155,000
5.75%
Current Estimated Value
$6,118,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,268,805
Avg. Annual Appreciation
6.22%
Original Mortgage
$1,350,000
Outstanding Balance
$885,588
Interest Rate
2.12%
Mortgage Type
New Conventional
Estimated Equity
$5,233,217

Purchase Details

Listed on
Nov 16, 2012
Closed on
Jan 4, 2013
Sold by
Ko Bryan Seuk and Ko Dorcia
Bought by
Padmanabhan Krishnan and Lee Louise
Seller's Agent
Christy Giuliacci
Compass
Buyer's Agent
Patricia Dwyer
Coldwell Banker Realty
List Price
$2,695,000
Sold Price
$2,850,000
Premium/Discount to List
$155,000
5.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,350,000
Outstanding Balance
$885,588
Interest Rate
2.12%
Mortgage Type
New Conventional
Estimated Equity
$5,233,217

Purchase Details

Closed on
Mar 25, 2010
Sold by
Emmer Maurice S and Emmer Jamie L
Bought by
Ko Bryan Seuk and Ko Dorcia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,230,000
Interest Rate
4.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2004
Sold by
Emmer Maurice S and Emmer Jamie L
Bought by
Emmer Maurice S and Emmer Jamie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 24, 2004
Sold by
Huang Kathy C
Bought by
Emmer Maurice S and Emmer Jamie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 6, 2003
Sold by
Huang James C and Huang Kathy C
Bought by
Huang James C and Huang Kathy C

Purchase Details

Closed on
Nov 22, 2002
Sold by
Huang James C and Huang Kathy C
Bought by
Huang James C and Huang Kathy C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$980,000
Interest Rate
5.62%

Purchase Details

Closed on
Dec 21, 2001
Sold by
Huang James C and Huang Kathy C
Bought by
Huang James C and Huang Kathy C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.17%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 26, 2001
Sold by
Huang James C and Huang Kathy C
Bought by
Huang James C and Huang Kathy C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.67%

Purchase Details

Closed on
Mar 16, 2000
Sold by
Huang James C and Huang Kathy C
Bought by
Huang James C and Huang Kathy C

Purchase Details

Closed on
Mar 12, 1999
Sold by
Curtiss Lynne B
Bought by
Huang James C and Huang Kathy C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
7%

Purchase Details

Closed on
Aug 5, 1997
Sold by
Buss Claude A and Buss Lynne B
Bought by
Buss Claude A and Curtiss Lynne B

Purchase Details

Closed on
Mar 11, 1997
Sold by
Buss Claude A and Buss Lynne B
Bought by
Buss Claude A and Buss Ruby
Source: Public Records

Range of Values:

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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
Padmanabhan Krishnan T -- None Available
Padmanabhan Krishnan $2,849,750 Chicago Title Company
Ko Bryan Seuk -- First American Title Company
Emmer Maurice S -- None Available
Emmer Maurice S -- Financial Title Company
Huang James C -- Stewart Title Of Ca Inc
Huang James C -- Stewart Title Of California
Huang James C -- Landsafe Title
Huang James C -- Landsafe Title
Huang James C -- --
Huang James C $941,000 First American Title Guarant
Buss Claude A -- --
Buss Claude A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Padmanabhan Krishnan T $300,000
Open Padmanabhan Krishnan $1,350,000
Previous Owner Ko Bryan Seuk $1,200,000
Previous Owner Ko Bryan Seuk $1,206,850
Previous Owner Ko Bryan Seuk $1,230,000
Previous Owner Emmer Maurice S $1,500,000
Previous Owner Huang James C $980,000
Previous Owner Huang James C $400,000
Previous Owner Huang James C $650,000
Previous Owner Huang James C $635,000
Previous Owner Huang James C $500,000
Previous Owner Huang James C $675,000
Closed Emmer Maurice S $416,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2013 01/16/13 Sold $2,850,000 +5.8% $1,056 / Sq Ft
11/27/2012 11/27/12 Pending -- -- --
11/16/2012 11/16/12 For Sale $2,695,000 -- $998 / 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 $41,342 $3,509,556 $2,832,278 $677,278
2024 $41,342 $3,440,743 $2,776,744 $663,999
2023 $40,734 $3,373,279 $2,722,299 $650,980
2022 $40,265 $3,307,137 $2,668,921 $638,216
2021 $39,471 $3,242,292 $2,616,590 $625,702
2020 $38,649 $3,209,048 $2,589,761 $619,287
2019 $38,224 $3,146,127 $2,538,982 $607,145
2018 $37,165 $3,084,440 $2,489,199 $595,241
2017 $36,513 $3,023,962 $2,440,392 $583,570
2016 $35,558 $2,964,670 $2,392,542 $572,128
2015 $35,214 $2,920,139 $2,356,604 $563,535
2014 $34,539 $2,862,939 $2,310,442 $552,497
Source: Public Records

Agents Affiliated with this Home

  • Christy Giuliacci

    Seller's Agent in 2013

    Christy Giuliacci

    Compass

    (650) 380-5989

    6 in this area

    29 Total Sales

    Christy Giuliacci
    Section Image

  • P

    Buyer's Agent in 2013

    Patricia Dwyer

    Coldwell Banker Realty

    Section Image
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Map

Source: MLSListings

MLS Number: ML81241213

MLSListings

APN: 003-22-029

California Santa Clara County Palo Alto 94301 Crescent Park

1234 Pitman Ave, Palo Alto, CA

This home is located at 1234 Pitman Ave, Palo Alto, CA 94301 since 16 November 2012 and is currently estimated at $6,118,805, approximately $2,266 per square foot. This property was built in 2000. 1234 Pitman Ave is a home located in Santa Clara County with nearby schools including Duveneck Elementary School, Frank S. Greene Jr. Middle, and Palo Alto High School.

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