NOT LISTED FOR SALE

1239 Cedar St Palo Alto, CA 94301

Community Center Neighborhood

Estimated Value: $2,679,000 - $5,727,000

2 Beds
1 Bath
480 Sq Ft
$9,309/Sq Ft Est. Value

Last Sold October 01, 2021

Last sale price $2,350,000 $4,896 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $28,065/month

8 Days on Market

Highlights

  • Neighborhood Views
  • Bathroom on Main Level
  • Dining Room
  • Walter Hays Elementary Rated A+
  • Walk-in Shower
  • 2-minute walk to Rinconada Park

About This Home

As of October 2021

Quaint cottage in Palo Alto's desirable Community Center. Situated close to everything Community Center has to offer, this 4,700 sq ft lot is ready for a new home to be built. Quiet street, great neighborhood, don't miss this wonderful opportunity.

Last Agent to Sell the Property

Margot and Ricky Lockwood/ Flores

Compass License #01017519 Listed on: 07/09/2021

Compass

Co-Listed By

Ricky Flores

Compass License #02027985

Last Buyer's Agent

Tim Foy

Midtown Realty License #00849721

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,646

Year Built

  • 1932

Lot Details

  • 4,700 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot

Parking

  • 1 Car Garage
  • Workshop in Garage

Home Design

  • Cabin
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 480 Sq Ft Home
  • 1-Story Property
  • Dining Room
  • Neighborhood Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom
  • Walk-in Shower

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,646

Year Built

1932

Lot Details

0

Parking

1

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Style: Cabin
  • Age: 89
  • Listing Class: Residential
  • Structure Sq Ft: 480
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1932

Interior Features

  • Family Room: No Family Room
  • Dining Room: No Formal Dining Room
  • Living Sq Ft: 480
  • Stories: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Full On Ground Floor, Stall Shower

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition
  • View: Neighborhood
  • Fencing: Partial Fencing
  • Construction Type: Wood

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 2
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Parking Area, Workshop In Garage

Utilities

  • Sewer/Septic System: Sewer - Public, Sewer Connected

Schools

  • School District: Palo Alto Unified

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1079
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4700.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4700.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2021
Closed on
Sep 14, 2021
Sold by
Kapel Priscilla and Priscilla Kapel 2006 Revocable
Bought by
Chan Hayley and Chan Leo
Seller's Agent
Margot and Ricky Lockwood/ Flores
Compass
Buyer's Agent
Tim Foy
Midtown Realty
List Price
$1,999,999
Sold Price
$2,350,000
Premium/Discount to List
$350,001
17.5%
Total Days on Market
8
Current Estimated Value
$4,468,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,118,335
Avg. Annual Appreciation
15.16%
Original Mortgage
$1,645,000
Outstanding Balance
$1,513,047
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$2,426,061

Purchase Details

Closed on
Dec 13, 2012
Sold by
Kapel Priscilla
Bought by
Kapel Priscilla

Purchase Details

Closed on
Aug 10, 2006
Sold by
Kapel Priscilla
Bought by
Kapel Priscilla
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
Chan Hayley $2,350,000 Lawyers Title Company
Kapel Priscilla -- None Available
Kapel Priscilla -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chan Hayley $1,645,000
Previous Owner Kapel Priscilla $100,000
Previous Owner Kapel Priscilla $443,000
Previous Owner Kapel Priscilla $122,000
Previous Owner Kapel Priscilla $225,000
Previous Owner Kapel Priscilla $128,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2021 10/01/21 Sold $2,350,000 +17.5% $4,896 / Sq Ft
07/17/2021 07/17/21 Pending -- -- --
07/16/2021 07/16/21 For Sale $1,999,999 0.0% $4,167 / Sq Ft
07/14/2021 07/14/21 Pending -- -- --
07/09/2021 07/09/21 For Sale $1,999,999 -- $4,167 / 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 $36,646 $3,033,930 $2,418,930 $615,000
2023 $28,934 $2,371,500 $2,371,500 $0
2022 $28,954 $2,350,000 $2,325,000 $25,000
2021 $3,349 $200,946 $191,395 $9,551
2020 $3,297 $198,887 $189,433 $9,454
2019 $3,256 $194,988 $185,719 $9,269
2018 $3,186 $191,166 $182,078 $9,088
2017 $3,129 $187,418 $178,508 $8,910
2016 $3,041 $183,744 $175,008 $8,736
2015 $3,005 $180,985 $172,380 $8,605
2014 $2,851 $177,441 $169,004 $8,437
Source: Public Records

Agents Affiliated with this Home

  • Margot and Ricky Lockwood/ Flores

    Seller's Agent in 2021

    Margot and Ricky Lockwood/ Flores

    Compass

    (650) 400-2528

    1 in this area

    47 Total Sales

    Section Image
  • Ricky Flores

    Seller Co-Listing Agent in 2021

    Ricky Flores

    Compass

    (408) 565-5626

    1 in this area

    47 Total Sales

    Section Image
  • Tim Foy

    Buyer's Agent in 2021

    Tim Foy

    Midtown Realty

    (650) 387-5078

    2 in this area

    99 Total Sales

    Tim Foy
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81852308

MLSListings

APN: 003-45-064

California Santa Clara County Palo Alto 94301 Community Center

1239 Cedar St, Palo Alto, CA

This home is located at 1239 Cedar St, Palo Alto, CA 94301 since 09 July 2021 and is currently estimated at $4,468,335, approximately $9,309 per square foot. This property was built in 1932. 1239 Cedar St is a home located in Santa Clara County with nearby schools including Walter Hays Elementary, Frank S. Greene Jr. Middle, and Palo Alto High School.

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