NOT LISTED FOR SALE

Estimated Value: $3,664,000 - $5,487,000

3 Beds
2.5 Baths
2,008 Sq Ft
$2,191/Sq Ft Est. Value

Last Sold April 16, 2021

Last sale price $3,905,000 $1,945 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $28,062/month

6 Days on Market

Highlights

  • Primary Bedroom Suite
  • Vaulted Ceiling
  • Outdoor Fireplace
  • Walter Hays Elementary Rated A+
  • Marble Flooring
  • Marble Bathroom Countertops

About This Home

As of April 2021

Light-filled Tudor on a gorgeous 7500 SF lot in premier neighborhood of Old Palo Alto. Recently renovated blending period accents with modern amenities, this charming home features spacious living with cathedral ceiling, grand fireplace, formal dining room with leaded windows and beautiful hardwood floors throughout. The remodeled kitchen has top appointments and adjoins a wonderful den, the perfect space for relaxation that flows out to the gorgeous backyard. The outdoor space has an in-ground spa, built-in barbecue, and fireplace. The primary suite has a walk-in closet and designer bath. There are two additional spacious bedrooms and recently upgraded hall bath, laundry closet, and utility basement complete the interior. Square footage includes ~199 finished SF (not heated) with kitchenette, half bath and storage room. Adjacent is a garage for potential ADU (buyer to verify). The ideal location near California Ave, downtown Palo Alto, Town & Country, lovely parks and top schools.

Last Agent to Sell the Property

Lori Buecheler

Compass License #01859485 Listed on: 03/26/2021

Compass

Co-Listed By

Sherry Bucolo

Compass License #00613242

Last Buyer's Agent

Nicole Aron

Compass License #00952657

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $49,682

Year Built

  • 1932

Lot Details

  • 7,501 Sq Ft Lot
  • Fenced
  • Sprinkler System
  • Back Yard

Parking

  • 1 Car Detached Garage
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,008 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Great Room
  • Formal Dining Room
  • Alarm System
  • Washer and Dryer
  • Unfinished Basement

Kitchen

  • Open to Family Room
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bathroom on Main Level
  • Marble Bathroom Countertops
  • Dual Sinks
  • Bathtub with Shower

Outdoor Features

  • Balcony
  • Outdoor Fireplace
  • Barbecue Area

Utilities

  • Forced Air Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$49,682

Year Built

1932

Lot Details

0

Parking

1

Listing Details

  • Zoning: R2
  • Subclass: Single Family Home
  • Age: 89
  • Listing Class: Residential
  • Structure Sq Ft: 2008
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1932

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Wood Burning
  • Dining Room: Formal Dining Room
  • Kitchen: Cooktop - Gas, Dishwasher, Hood Over Range, Island, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 2008
  • Stories: 1
  • Security: Security Alarm
  • Bedrooms: Primary Bedroom On Ground Floor, Primary Suite / Retreat, More Than One Bedroom On Ground Floor, Walk-In Closet
  • Laundry: Washer / Dryer
  • Flooring: Hardwood, Marble, Tile
  • Additional Rooms: Basement - Unfinished, Great Room, Storage
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Full On Ground Floor, Marble, Showers Over Tubs - 2+

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition
  • Yard/Grounds: Back Yard, Balcony / Patio, Bbq Area, Outdoor Fireplace, Sprinklers - Lawn
  • Fencing: Fenced
  • Pool: Spa - Cover, Spa - In Ground

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Detached Garage, Off-Street Parking, On Street

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Vaulted Ceiling, Walk-In Closet

Schools

  • School District: Palo Alto Unified
  • Elementary School: Walter Hays Elementary
  • Middle School: Frank S. Greene Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 315
  • Middle School: 329

Lot Info

  • Lot Acres: 0.1722
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7500.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7500.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2021
Closed on
Apr 6, 2021
Sold by
Shrout Travis and Shrout Katherine
Bought by
King Kevin M and King Roseann C
Seller's Agent
Lori Buecheler
Compass
Buyer's Agent
Nicole Aron
Compass
List Price
$3,798,000
Sold Price
$3,905,000
Premium/Discount to List
$107,000
2.82%
Current Estimated Value
$4,398,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$493,820
Avg. Annual Appreciation
2.76%

Purchase Details

Listed on
Mar 9, 2016
Closed on
Jul 15, 2016
Sold by
Stephenson Mark and Stephenson Lara
Bought by
Shrout Travis and Shrout Katherine
Seller's Agent
Steve Niethammer
Zane MacGregor
Buyer's Agent
Samia Cullen
Compass
List Price
$3,500,000
Sold Price
$3,025,000
Premium/Discount to List
-$475,000
-13.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.55%
Original Mortgage
$2,268,750
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 28, 2005
Sold by
Carroll Margaret A
Bought by
Stephenson Mark and Stephenson Lara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,120,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 27, 1994
Sold by
Carroll Margaret A
Bought by
Carroll Margaret A
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
King Kevin M $3,905,000 Chicago Title Company
Shrout Travis $3,025,000 Chicago Title Company
Stephenson Mark -- Chicago Title
Carroll Margaret A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shrout Travis $2,268,750
Previous Owner Stephenson Mark $1,129,000
Previous Owner Stephenson Mark $1,129,000
Previous Owner Stephenson Mark $1,129,000
Previous Owner Stephenson Mark $1,129,000
Previous Owner Stephenson Mark $1,129,000
Previous Owner Stephenson Mark T $250,000
Previous Owner Stephenson Mark T $140,000
Previous Owner Stephenson Mark $1,120,000
Previous Owner Carroll Margaret A $153,100
Previous Owner Carroll Margaret A $70,000
Previous Owner Carroll Margaret A $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2021 04/16/21 Sold $3,905,000 +2.8% $1,945 / Sq Ft
04/02/2021 04/02/21 Pending -- -- --
03/26/2021 03/26/21 For Sale $3,798,000 +25.6% $1,891 / Sq Ft
07/25/2016 07/25/16 Sold $3,025,000 -3.2% $1,672 / Sq Ft
06/24/2016 06/24/16 Pending -- -- --
06/20/2016 06/20/16 Price Changed $3,125,000 -6.0% $1,727 / Sq Ft
04/26/2016 04/26/16 Price Changed $3,325,000 -5.0% $1,838 / Sq Ft
03/09/2016 03/09/16 For Sale $3,500,000 -- $1,935 / 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 $49,682 $4,226,895 $4,113,241 $113,654
2024 $49,682 $4,144,016 $4,032,590 $111,426
2023 $41,781 $3,455,000 $3,362,000 $93,000
2022 $48,395 $3,983,100 $3,876,000 $107,100
2021 $39,568 $3,243,409 $3,136,190 $107,219
2020 $38,745 $3,210,153 $3,104,033 $106,120
2019 $38,320 $3,147,210 $3,043,170 $104,040
2018 $37,260 $3,085,500 $2,983,500 $102,000
2017 $36,607 $3,025,000 $2,925,000 $100,000
2016 $20,157 $1,650,797 $1,443,008 $207,789
2015 $19,957 $1,626,001 $1,421,333 $204,668
2014 -- $1,594,151 $1,393,492 $200,659
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81836023

MLSListings

APN: 124-18-095