NOT LISTED FOR SALE

1259 Pine St Palo Alto, CA 94301

Community Center Neighborhood

Estimated Value: $3,859,000 - $4,356,693

3 Beds
2 Baths
1,400 Sq Ft
$2,962/Sq Ft Est. Value

Last Sold August 28, 2015

Last sale price $3,458,889 $2,471 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $25,950/month

9 Days on Market

Highlights

  • Attic
  • 2 Car Attached Garage
  • Double Pane Windows
  • Walter Hays Elementary Rated A+
  • Eat-In Kitchen
  • 4-minute walk to Rinconada Park

About This Home

As of August 2015

An outstanding opportunity in the highly desirable Community Center neighborhood! Beautifully maintained home with hardwood floors & dual pane windows. Spacious living room, roomy bedrooms & wonderful natural light. Large lot with mature landscaping. Highly desirable location situated conveniently near all that Community Center has to offer: Rinconada Park, Children's library and theatre, Rinconada library, swimming pool, tennis courts, Walter Hayes elementary & the Junior Museum & Zoo. Palo Alto schools.

Last Agent to Sell the Property

Tim Foy

Midtown Realty License #00849721 Listed on: 07/08/2015

Co-Listed By

Jane Volpe

Midtown Realty License #01330133

Last Buyer's Agent

Christopher Taylor

Midtown Realty License #01763999

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $42,407

Year Built

  • Built in 1954

Lot Details

  • Back Yard Fenced
  • Level Lot
  • Sprinkler System
  • Zoning described as R1

Parking

  • 2 Car Attached Garage

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,400 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Double Pane Windows
  • Dining Room
  • Crawl Space
  • Eat-In Kitchen
  • Washer and Dryer Hookup
  • Attic

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 003-45-085

Home Details

Home Type

Single Family

Est. Annual Taxes

$42,407

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 61
  • Listing Class: Residential
  • Structure Sq Ft: 1400
  • Year Built: 1954
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Eat in Kitchen, No Formal Dining Room
  • Kitchen: Hookups - Gas
  • Living Sq Ft: 1400
  • Stories: 1
  • Laundry: Gas Hookup, Hookup - Washer/Dryer
  • Additional Rooms: Attic
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space
  • Roof: Composition
  • Yard/Grounds: Fenced, Sprinklers - Lawn
  • Fencing: Fenced Back, Wood
  • Construction Type: Wood Frame

Garage/Parking

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

Utilities

  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Palo Alto Unified
  • Elementary School: Walter Hays Elementary
  • Middle School: Jane Lathrop Stanford Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 315
  • Middle School: 322

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 003-45-085
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8100.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8100.00

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Walter Hays Elementary
  • High School Text: Palo Alto High
  • Middle School Text: Jane Lathrop Stanford Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2015
Closed on
Jul 31, 2015
Sold by
Pahc Properties Corporation
Bought by
Tsui Alex C and Xu Stella X
Seller's Agent
Tim Foy
Midtown Realty
Buyer's Agent
Christopher Taylor
Midtown Realty
List Price
$2,498,000
Sold Price
$3,458,889
Premium/Discount to List
$960,889
38.47%
Current Estimated Value
$4,146,173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$687,284
Avg. Annual Appreciation
1.82%
Original Mortgage
$1,800,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 9, 2013
Sold by
Pahc Properties Corporation
Bought by
Pahc Properties Corporation
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
Tsui Alex C $3,459,000 Old Republic Title Company
Pahc Properties Corporation -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tsui Alex C $1,586,000
Closed Xu Stella X $500,000
Closed Xu Stella X $1,792,000
Closed Tsui Alex C $1,800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2015 08/28/15 Sold $3,458,889 +38.5% $2,471 / Sq Ft
07/17/2015 07/17/15 Pending -- -- --
07/08/2015 07/08/15 For Sale $2,498,000 -- $1,784 / 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 $42,407 $4,094,617 $3,976,240 $118,377
2024 $42,407 $3,600,000 $3,500,000 $100,000
2023 $40,911 $3,455,000 $3,355,100 $99,900
2022 $46,059 $3,858,451 $3,746,901 $111,550
2021 $45,153 $3,782,796 $3,673,433 $109,363
2020 $44,193 $3,744,009 $3,635,767 $108,242
2019 $37,533 $3,150,000 $3,050,000 $100,000
2018 $36,926 $3,125,400 $3,035,000 $90,400
2017 $41,755 $3,528,066 $3,426,066 $102,000
2016 $40,659 $3,458,889 $3,358,889 $100,000
2015 $1,022 $77,087 $59,756 $17,331
2014 $1,008 $75,578 $58,586 $16,992
Source: Public Records

Agents Affiliated with this Home

  • Tim Foy

    Seller's Agent in 2015

    Tim Foy

    Midtown Realty

    (650) 387-5078

    2 in this area

    93 Total Sales

    Tim Foy
    Section Image
  • Jane Volpe

    Seller Co-Listing Agent in 2015

    Jane Volpe

    Midtown Realty

    (650) 380-4507

    21 Total Sales

    Jane Volpe
    Section Image

  • C

    Buyer's Agent in 2015

    Christopher Taylor

    Midtown Realty

    Section Image
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Map

Source: MLSListings

MLS Number: ML81483986

MLSListings

APN: 003-45-085

California Santa Clara County Palo Alto 94301 Community Center

1259 Pine St, Palo Alto, CA

This home is located at 1259 Pine St, Palo Alto, CA 94301 since 08 July 2015 and is currently estimated at $4,146,173, approximately $2,961 per square foot. This property was built in 1954. 1259 Pine 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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