NOT LISTED FOR SALE

1260 University Ave Palo Alto, CA 94301

Crescent Park Neighborhood

Estimated Value: $3,651,000 - $4,784,000

3 Beds
2 Baths
1,665 Sq Ft
$2,482/Sq Ft Est. Value

Last Sold March 29, 2022

Last sale price $3,350,000 $2,012 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $25,457/month

40 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Double Oven
  • Addison Elementary School Rated A+
  • Formal Dining Room
  • 2 Car Attached Garage

About This Home

As of March 2022

Delightful Crescent Park Home! Nestled in a park like setting with mature trees and landscaping, this home greets you with wide open living spaces perfect for relaxing and entertaining friends and family. Expansive windows and patio doors in the living and dining rooms create a perfect blend of indoor and outdoor living with easy access to an expansive sun soaked patio. The beautiful modern farmhouse kitchen features a classic blend of white cabinetry and modern smart appliances. 3 spacious bedrooms provide quiet retreat, perfect for a growing family and home office space. Ample parking with a large 2 car garage and driveway. Perfectly situated for leisurely strolls to downtown Palo Alto for world class amenities, easy access to Caltrain, Stanford University, Shopping and the 101. Addison Elementary, Greene Middle, Palo Alto High (buyer to verify eligibility).

Last Agent to Sell the Property

Juliana Lee

JLEE Realty License #70010194 Listed on: 01/18/2022

Last Buyer's Agent

Michelle Yang

Legend Realty & Finance Group License #02013060

Legend Realty & Finance Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $42,546

Year Built

  • 1952

Lot Details

  • 6,630 Sq Ft Lot
  • North Facing Home
  • Wood Fence
  • Level Lot
  • Irrigation
  • Back Yard

Parking

  • 2 Car Attached Garage
  • Uncovered Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 1,665 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Crawl Space

Kitchen

  • Double Oven
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in Garage
  • Washer and Dryer

Utilities

  • Forced Air Heating System
  • 220 Volts
  • Individual Gas Meter

Home Details

Home Type

Single Family

Est. Annual Taxes

$42,546

Year Built

1952

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1929
  • Subclass: Single Family Home
  • Style: Traditional
  • Age: 70
  • Listing Class: Residential
  • Structure Sq Ft: 1665
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1952

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room, Wood Burning
  • Dining Room: Formal Dining Room
  • Kitchen: 220 Volt Outlet, Cooktop - Gas, Dishwasher, Garbage Disposal, Hood Over Range, Oven - Double, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1665
  • Stories: 1
  • Laundry: Electricity Hookup (220V), In Garage, Washer / Dryer
  • Flooring: Hardwood
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Primary - Stall Shower(s), Shower Over Tub - 1, Updated Bath

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space, Foundation Pillars
  • Roof: Composition
  • Yard/Grounds: Back Yard, Fenced
  • Fencing: Wood
  • Property Faces: North
  • Construction Type: Brick, Stucco

Garage/Parking

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

Utilities

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

Schools

  • School District: Palo Alto Unified
  • Elementary School: Addison Elementary
  • Middle School: Frank S. Greene Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 309
  • Middle School: 329

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1522
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6630.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6630.00
  • Soil: Unknown

Green Features

  • Energy Features: Double Pane Windows, Energy Star Appliances

Multi Family

  • Utilities: Individual Gas Meters

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 26, 2023
Sold by
Alexander Buck Keith and Wang Shuning
Bought by
Buck Family Trust and Buck
Current Estimated Value
$4,132,793

Purchase Details

Listed on
Jan 18, 2022
Closed on
Mar 19, 2022
Sold by
Chang Victor Y and Chang Amy Y
Bought by
Buck Keith Alexander and Buck Shuning Wang
Seller's Agent
Juliana Lee
JLEE Realty
Buyer's Agent
Michelle Yang
Legend Realty & Finance Group
List Price
$3,000,000
Sold Price
$3,350,000
Premium/Discount to List
$350,000
11.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.18%
Original Mortgage
$2,648,000
Interest Rate
2.63%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 13, 2017
Closed on
Aug 8, 2017
Sold by
Sansone Elaine Bertirotti and Oppido Linda Bertirotti
Bought by
Chang Victor and Lin Amy Y
Seller's Agent
bob bower
Compass
Buyer's Agent
Juliana Lee
Keller Williams Palo Alto
List Price
$2,700,000
Sold Price
$2,675,000
Premium/Discount to List
-$25,000
-0.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.01%
Original Mortgage
$1,600,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 19, 2014
Sold by
Boston Private Bank & Trust Company
Bought by
Amendment & Restatement Of The Elizabeth and Oppido Linda Bertirotti
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
Buck Family Trust -- None Listed On Document
Buck Keith Alexander $3,310,000 Old Republic Title
Chang Victor $2,675,000 Old Republic Title Company
Amendment & Restatement Of The Elizabeth -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Buck Keith Alexander $2,648,000
Previous Owner Chang Victor $1,600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2022 03/29/22 Sold $3,350,000 +1.5% $2,012 / Sq Ft
02/27/2022 02/27/22 Pending -- -- --
02/09/2022 02/09/22 Price Changed $3,300,000 -9.6% $1,982 / Sq Ft
01/28/2022 01/28/22 Price Changed $3,650,000 +21.7% $2,192 / Sq Ft
01/18/2022 01/18/22 For Sale $3,000,000 +12.1% $1,802 / Sq Ft
08/24/2017 08/24/17 Sold $2,675,000 -0.9% $1,607 / Sq Ft
07/26/2017 07/26/17 Pending -- -- --
07/13/2017 07/13/17 For Sale $2,700,000 -- $1,622 / 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 $42,546 $3,692,597 $3,289,744 $402,853
2024 $42,546 $3,536,314 $3,225,240 $311,074
2023 $40,851 $3,376,200 $3,162,000 $214,200
2022 $35,122 $2,868,139 $2,519,674 $348,465
2021 $34,431 $2,811,902 $2,470,269 $341,633
2020 $33,717 $2,783,070 $2,444,940 $338,130
2019 $33,347 $2,728,500 $2,397,000 $331,500
2018 $32,427 $2,675,000 $2,350,000 $325,000
2017 $16,889 $1,353,683 $1,209,441 $144,242
2016 $16,444 $1,327,141 $1,185,727 $141,414
2015 $16,281 $1,307,207 $1,167,917 $139,290
2014 $15,914 $1,281,602 $1,145,040 $136,562
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Juliana Lee

    JLEE Realty

    Section Image

  • M

    Buyer's Agent in 2022

    Michelle Yang

    Legend Realty & Finance Group

    Section Image

  • b

    Seller's Agent in 2017

    bob bower

    Compass

    Section Image
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Map

Source: MLSListings

MLS Number: ML81874557

MLSListings

APN: 003-07-006

California Santa Clara County Palo Alto 94301 Crescent Park

1260 University Ave, Palo Alto, CA

This home is located at 1260 University Ave, Palo Alto, CA 94301 since 18 January 2022 and is currently estimated at $4,132,793, approximately $2,482 per square foot. This property was built in 1952. 1260 University Ave is a home located in Santa Clara County with nearby schools including Addison Elementary School, Frank S. Greene Jr. Middle, and Palo Alto High School.

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