NOT LISTED FOR SALE

1290 Pitman Ave Palo Alto, CA 94301

Crescent Park Neighborhood

Estimated Value: $6,224,000 - $8,363,000

4 Beds
3.5 Baths
3,421 Sq Ft
$2,106/Sq Ft Est. Value

Last Sold December 17, 2020

Last sale price $6,275,000 $1,834 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $44,228/month

181 Days on Market

Highlights

  • Primary Bedroom Suite
  • English Cottage Architecture
  • Soaking Tub in Primary Bathroom
  • Duveneck Elementary School Rated A+
  • Vaulted Ceiling
  • Wood Flooring

About This Home

As of December 2020

On a tree-lined street in one of Silicon Valleys most prestigious neighborhoods, Crescent Park, this 4-bedroom, 3.5-bath home offers over 3,400 sq. ft. of living space (per county) on an expansive lot of nearly one-quarter acre (per county). Graceful French-style architecture creates outstanding curb appeal, while spacious formal rooms, comfortable bedrooms, an office, and a well-designed floor plan provide luxury and convenience to meet the needs of a modern family. Enjoy a bright, light ambiance thanks to numerous windows and glass doors, revel in sumptuous details like rich hardwood floors and detailed ceilings, experience indoor/outdoor living in the backyard with a trellis-covered patio, and accommodate guests in the detached flexible-use living space. From this location, you will be steps to Eleanor Pardee Park, close to University Avenue, and have easy access to U.S. 101 for Bay Area commuting. Plus, children may attend acclaimed Palo Alto schools (buyer to verify eligibility).

Last Agent to Sell the Property

Michael Repka

Deleon Realty License #70010006 Listed on: 05/20/2020

Last Buyer's Agent

Mei Ling

8 Blocks Real Estate License #01425296

Home Details

Home Type

  • Single Family

Year Built

  • 1937

Lot Details

  • 10,385 Sq Ft Lot
  • Wood Fence
  • Sprinkler System
  • Back Yard

Home Design

  • English Cottage Architecture
  • Slab Foundation
  • Shingle Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 3,421 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Mud Room
  • Formal Entry
  • Family Room with Fireplace
  • Dining Area
  • Den
  • Neighborhood Views
  • Unfinished Basement
  • Crawl Space
  • Security Gate

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Gas Cooktop
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • Jack-and-Jill Bathroom
  • Dual Sinks
  • Soaking Tub in Primary Bathroom
  • Oversized Bathtub in Primary Bathroom
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer

Parking

  • 2 Parking Spaces
  • Electric Gate
  • On-Street Parking
  • Uncovered Parking

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • 220 Volts
  • Individual Gas Meter
  • Sewer Connection Less Than 500 Feet Away

Home Details

Home Type

Single Family

Year Built

1937

Lot Details

0

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Style: Country English
  • Listing Class: Residential
  • Structure Sq Ft: 3421
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1937

Interior Features

  • Family Room: Kitchen / Family Room Combo, Separate Family Room
  • Fireplace: Family Room, Wood Burning
  • Dining Room: Breakfast Bar, Dining Area
  • Kitchen: 220 Volt Outlet, Cooktop - Gas, Countertop - Granite
  • Fireplace: Yes
  • Living Sq Ft: 3421
  • Stories: 2
  • Bedrooms: Ground Floor Bedroom, Primary Suite / Retreat, Walk-In Closet
  • Laundry: Dryer, Electricity Hookup (110V), Electricity Hookup (220V), Inside, Washer / Dryer
  • Flooring: Carpet, Hardwood, Tile, Wood
  • Additional Rooms: Basement - Unfinished, Den / Study / Office, Formal Entry, Laundry Room, Mud Room, Office Area
  • Fireplaces Min: 1
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Primary - Oversized Tub, Primary - Stall Shower(s), Pass Through, Stall Shower, Stall Shower - 2+, Tile, Updated Bath

Exterior Features

  • Foundation: Concrete Block, Concrete Perimeter, Crawl Space
  • Roof: Shingle
  • View: Neighborhood
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced, Sprinklers - Lawn
  • Fencing: Wood
  • Construction Type: Concrete, Stucco, Wood

Garage/Parking

  • Parking Spaces: 2
  • Garage Parking Features: Electric Gate, On Street, Uncovered Parking

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air, Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public, Sewer Connections - Less Than 500 Feet Away

Association/Amenities

  • Amenities Miscellaneous: Security Gate, Vaulted Ceiling, Walk-In Closet

Schools

  • High School: 327

Lot Info

  • Lot Description: Regular
  • Lot Acres: 0.2384
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10384.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 10384.00

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2020
Closed on
Nov 19, 2020
Sold by
Five Pumpkins Llc
Bought by
Shukla And Saxena Family Trust and Shukla
Seller's Agent
Michael Repka
Deleon Realty
Buyer's Agent
Mei Ling
8 Blocks Real Estate
List Price
$6,788,000
Sold Price
$6,275,000
Premium/Discount to List
-$513,000
-7.56%
Current Estimated Value
$7,203,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$928,053
Avg. Annual Appreciation
2.77%
Original Mortgage
$3,765,000
Outstanding Balance
$3,291,573
Interest Rate
1.87%
Mortgage Type
New Conventional
Estimated Equity
$3,911,480

Purchase Details

Listed on
Oct 13, 2018
Closed on
Sep 26, 2018
Sold by
Goler Brian and Goler Lori Matloff
Bought by
Five Pumpkins Llc
Seller's Agent
Julie Lau
Coldwell Banker Realty
Buyer's Agent
Julie Lau
Coldwell Banker Realty
Sold Price
$14,000

Purchase Details

Closed on
May 13, 2004
Sold by
Smith Peter W and Smith Helen H
Bought by
Goler Brian and Goler Lori Matloff

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 9, 1999
Sold by
Smith Peter W and Smith Helen H
Bought by
Smith Peter W and Smith Helen H
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Shukla And Saxena Family Trust $6,275,000 Chicago Title
Five Pumpkins Llc -- None Available
Goler Brian -- First American Title Company
Smith Peter W -- --
Smith Peter W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shukla And Saxena Family Trust $3,765,000
Previous Owner Goler Brian $1,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2020 12/17/20 Sold $6,275,000 -3.3% $1,834 / Sq Ft
11/17/2020 11/17/20 Pending -- -- --
09/02/2020 09/02/20 Price Changed $6,488,000 -4.4% $1,897 / Sq Ft
05/20/2020 05/20/20 For Sale $6,788,000 0.0% $1,984 / Sq Ft
11/03/2018 11/03/18 Rented $14,000 0.0% --
10/13/2018 10/13/18 For Rent $14,000 -- --
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 $79,217 $6,792,261 $5,709,829 $1,082,432
2024 $79,217 $6,659,080 $5,597,872 $1,061,208
2023 $78,060 $6,528,510 $5,488,110 $1,040,400
2022 $77,173 $6,400,500 $5,380,500 $1,020,000
2021 $75,656 $6,275,000 $5,275,000 $1,000,000
2020 $39,502 $3,274,533 $2,340,090 $934,443
2019 $39,069 $3,210,327 $2,294,206 $916,121
2018 $37,906 $3,147,380 $2,249,222 $898,158
2017 $37,241 $3,085,668 $2,205,120 $880,548
2016 $36,267 $3,025,166 $2,161,883 $863,283
2015 $35,916 $2,979,726 $2,129,410 $850,316
2014 $35,231 $2,921,358 $2,087,698 $833,660
Source: Public Records

Agents Affiliated with this Home

  • Michael Repka

    Seller's Agent in 2020

    Michael Repka

    Deleon Realty

    (650) 488-7325

    35 in this area

    736 Total Sales

    Michael Repka
    Section Image
  • Mei Ling

    Buyer's Agent in 2020

    Mei Ling

    8 Blocks Real Estate

    (408) 829-3994

    302 Total Sales

    Mei Ling
    Section Image
  • Julie Lau

    Seller's Agent in 2018

    Julie Lau

    Coldwell Banker Realty

    (650) 752-0745

    2 in this area

    52 Total Sales

    Julie Lau
    Section Image
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Map

Source: MLSListings

MLS Number: ML81792965

MLSListings

APN: 003-22-033

California Santa Clara County Palo Alto 94301 Crescent Park

1290 Pitman Ave, Palo Alto, CA

Not Listed for Sale

Detached

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