NOT LISTED FOR SALE

1251 College Ave Palo Alto, CA 94306

Estimated Value: $4,965,000 - $6,605,000

5 Beds
4.5 Baths
3,690 Sq Ft
$1,547/Sq Ft Est. Value

Last Sold December 08, 2021

Last sale price $4,900,000 $1,328 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $35,937/month

105 Days on Market

Highlights

  • Wine Cellar
  • Skyline View
  • Wood Flooring
  • Escondido Elementary School Rated A+
  • Contemporary Architecture
  • 3-minute walk to Weisshaar Park

About This Home

As of December 2021

Modern lines and a contemporary floorplan highlight this newly constructed home created by Tektive Design. Soaring ceilings and tremendous natural light offer a breezy sense of openness, as beautiful wide-plank oak floors extend throughout nearly 3,700 sf of space. A fireplace in floor-to-ceiling tile centers the living room, the chefs kitchen enjoys top-of-the-line appliances from Wolf, Bosch, and Sub-Zero, and the downstairs level offers space for a game room, wine room, and a convenient Zoom office. The homes 5 bedrooms and 4.5 bathrooms offer comfortable accommodations for family and friends, highlighted by the expansive primary suite, and the convenient guest suite. And for indoor/outdoor living, the peaceful backyard provides a sizable patio and lush lawn. Just moments to the great shops and restaurants along California Avenue, this home is also minutes away from Stanford University, a short drive to University Avenue, and blocks from top-ranked Escondido Elementary.

Last Agent to Sell the Property

Michael Repka

Deleon Realty License #70010006 Listed on: 08/11/2021

Last Buyer's Agent

Mona Wang

Paymon Real Estate Group License #02097097

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $60,884

Year Built

  • 2020

Lot Details

  • 5,750 Sq Ft Lot
  • Level Lot
  • Sprinklers on Timer
  • Back Yard Fenced

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • On-Street Parking

Property Views

  • Skyline
  • Neighborhood

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Metal Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 3,690 Sq Ft Home
  • Wet Bar
  • High Ceiling
  • Skylights
  • Gas Fireplace
  • Double Pane Windows
  • Mud Room
  • Wine Cellar
  • Family Room with Fireplace
  • Family or Dining Combination
  • Den
  • Bonus Room
  • Storage Room
  • Utility Room
  • Finished Basement
  • Sump Pump

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Double Oven
  • Gas Oven
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Bathroom on Main Level
  • Dual Sinks
  • Low Flow Toliet
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Thermostat
  • 220 Volts
  • Tankless Water Heater

Additional Features

  • Energy-Efficient HVAC
  • Balcony

Home Details

Home Type

Single Family

Est. Annual Taxes

$60,884

Year Built

2020

Lot Details

0

Parking

1

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Style: Contemporary
  • Age: 1
  • Listing Class: Residential
  • Structure Sq Ft: 3690
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2020

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Family Room, Gas Burning
  • Dining Room: Breakfast Bar, Dining Area In Family Room, Dining Bar, Eat In Kitchen, No Formal Dining Room
  • Kitchen: 220 Volt Outlet, Countertop - Quartz, Dishwasher, Garbage Disposal, Hood Over Range, Ice Maker, Island, Microwave, Oven - Double, Oven - Gas, Refrigerator, Wine Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 3690
  • Security: Fire Alarm, Fire System - Sprinkler
  • Bedrooms: Primary Bedroom On Ground Floor
  • Laundry: Dryer, Inside, Tub / Sink, Washer
  • Flooring: Concrete, Hardwood, Tile
  • Additional Rooms: Basement - Finished, Bonus / Hobby Room, Den / Study / Office, Laundry Room, Mud Room, Office Area, Storage, Utility Room, Wine Cellar / Storage
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Bathroom: Double Sinks, Full On Ground Floor, Half On Ground Floor, Shower Over Tub - 1, Skylight, Stall Shower - 2+, Tile

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Metal
  • View: Neighborhood
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced, Sprinklers - Auto, Sprinklers - Lawn
  • Fencing: Complete Perimeter, Fenced Back, Gate, Wood
  • Construction Type: Stucco, Wood, Wood Frame

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 2
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Attached Garage, Gate / Door Opener, On Street

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air - Gas, Fireplace, Heating - 2+ Zones
  • Sewer/Septic System: Sewer Connected, Sump Pump

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Skylight, Walk-In Closet, Wet Bar

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: 0.1320
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5750.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5750.00

Green Features

  • Energy Features: Double Pane Windows, Energy Star Hvac, Low Flow Toilet, Skylight, Tankless Water Heater, Thermostat Controller

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2023
Sold by
Budhiraj Family Trust
Bought by
Westwood Trust and Budhiraj
Current Estimated Value
$5,708,488

Purchase Details

Listed on
Aug 11, 2021
Closed on
Nov 29, 2021
Sold by
Collegium 1251 Llc
Bought by
Budhiraj Ashok and Budhiraj Alpna
Seller's Agent
Michael Repka
Deleon Realty
Buyer's Agent
Mona Wang
Paymon Real Estate Group
List Price
$5,498,000
Sold Price
$4,900,000
Premium/Discount to List
-$598,000
-10.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.16%

Purchase Details

Listed on
Dec 5, 2018
Closed on
Jan 8, 2019
Sold by
Harrison Danver Iii James Andrew and Harrison Danver Jean
Bought by
Collegium 1251 Llc
Seller's Agent
Alex Wilbur DeLeon
Wilbur Properties
Buyer's Agent
Michael Repka
Deleon Realty
List Price
$2,400,000
Sold Price
$2,560,000
Premium/Discount to List
$160,000
6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.09%

Purchase Details

Closed on
Jun 18, 2015
Sold by
Danver James Andrew and Danver Jean Harrison
Bought by
The Danver Revocable Inter Vivos Trust and Harrison Danver Jean
Source: Public Records

Range of Values:

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Average Value
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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
Westwood Trust -- None Listed On Document
Budhiraj Ashok $4,900,000 First American Title Company
Collegium 1251 Llc $2,560,000 Chicago Title Co
The Danver Revocable Inter Vivos Trust -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2021 12/08/21 Sold $4,900,000 -1.8% $1,328 / Sq Ft
11/25/2021 11/25/21 Pending -- -- --
11/08/2021 11/08/21 Price Changed $4,988,000 -9.3% $1,352 / Sq Ft
08/11/2021 08/11/21 For Sale $5,498,000 +114.8% $1,490 / Sq Ft
01/15/2019 01/15/19 Sold $2,560,000 +6.7% $2,151 / Sq Ft
12/12/2018 12/12/18 Pending -- -- --
12/05/2018 12/05/18 For Sale $2,400,000 -- $2,017 / 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 $60,884 $5,199,918 $2,865,261 $2,334,657
2024 $60,884 $5,097,960 $2,809,080 $2,288,880
2023 $59,994 $4,998,000 $2,754,000 $2,244,000
2022 $59,311 $4,900,000 $2,700,000 $2,200,000
2021 $37,542 $3,073,251 $2,638,252 $434,999
2020 $32,659 $2,693,200 $2,611,200 $82,000
2019 $1,992 $88,596 $39,529 $49,067
2018 $1,958 $86,859 $38,754 $48,105
2017 $1,922 $85,157 $37,995 $47,162
2016 $1,866 $83,488 $37,250 $46,238
2015 $1,841 $82,235 $36,691 $45,544
2014 -- $80,625 $35,973 $44,652
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81857821

MLSListings

APN: 137-05-011