NOT LISTED FOR SALE

1290 University Ave Palo Alto, CA 94301

Crescent Park Neighborhood

Estimated Value: $5,309,000 - $7,103,000

4 Beds
3 Baths
3,020 Sq Ft
$2,043/Sq Ft Est. Value

Last Sold September 25, 2012

Last sale price $2,750,000 $911 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $36,213/month

89 Days on Market

Highlights

  • Primary Bedroom Suite
  • Wood Flooring
  • Hydromassage or Jetted Bathtub
  • Addison Elementary School Rated A+
  • Spanish Architecture
  • Neighborhood Views

About This Home

As of September 2012

This gracious home is a magnificent example of Monterey Colonial architecture. Signature arched windows, tiled roof, and covered balconies surrounded by greenery. Hardwood and tiled floors, high ceilings with exposed beams, and large rooms flooded with light. French doors open from almost every room onto wonderful gardens. Minutes from Downtown P.A. and Stanford. Outstanding Palo Alto Schools.

Last Agent to Sell the Property

A. Dunckel & D. Brill

Compass License #70000332 Listed on: 02/29/2012

Last Buyer's Agent

Heidi Maierhofer

KW Advisors License #01308391

KW Advisors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $40,006

Year Built

  • Built in 1924

Lot Details

  • Fenced
  • Level Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Zoning described as R192

Parking

  • 2 Car Attached Garage

Home Design

  • Spanish Architecture
  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,020 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Formal Entry
  • Separate Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Neighborhood Views

Kitchen

  • Eat-In Kitchen
  • Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • 3 Full Bathrooms
  • Bidet
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating System
  • 220 Volts
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 003-07-062

Home Details

Home Type

Single Family

Est. Annual Taxes

$40,006

Year Built

Built in 1924

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Spanish
  • Age: 88
  • Sale Price Per Sq Ft: 910.60
  • Listing Class: Residential
  • Structure Sq Ft: 3020
  • Barclay Horizontal: 9
  • Barclays Page: 02
  • Incorporated: Yes
  • Map Book Page: 791
  • Map Book Page Secondary: 02
  • Map Side Coordinate: 3
  • Map Side Coordinate Secondary: 85
  • Map Top Coordinate: A
  • Map Top Coordinate Secondary: 9
  • Thomas Bros Page: 791
  • Thomas Brothers: A3
  • Year Built: 1924
  • Zoning Description: R192
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room, Wood Burning, Yes
  • Dining Room: Formal Dining Room, Eat in Kitchen
  • Kitchen: Dishwasher, Cooktop, Garbage Disposal, Refrigerator, Ovens - 2+, 220 Volt Outlet
  • Living Sq Ft: 3020
  • Stories: 2
  • Bedrooms: Primary Suite / Retreat
  • Flooring: Tile, Hardwood
  • Additional Rooms: Formal Entry
  • Maximum Bathrooms: 3
  • Maximum Numberof Bedrooms: 4
  • Minimum Bathrooms: 3
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Bathroom: Showers over Tubs - 2+, Tubs - 2+, No Stall Shower, Tub in Primary Bedroom, Tub with Jets, Bidet

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Pool Description: Pool - No
  • Roof: Tile
  • View: Local/Neighborhood
  • Yard/Grounds: Patio(s), Sprinkler(s) - Front, Sprinkler(s) - Rear, Sprinklers - Auto, Fenced
  • Exterior: Stucco

Garage/Parking

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

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Schools

  • School District: Palo Alto Unified
  • Elementary School: Duveneck Elementary
  • Middle School: David Starr Jordan Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 311
  • Middle School: 329

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 003-07-062
  • List Price per Sq Ft: 991.72
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 12000.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 12000.00
  • Lot Size Area Min Search: 12000.00
  • Maximum Lot Size: 12000.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Multi Family

  • Maximum Building Height: 2
  • Minimum Building Height: 2

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Duveneck Elementary
  • High School Text: Palo Alto High
  • Middle School Text: David Starr Jordan Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 29, 2012
Closed on
Sep 20, 2012
Sold by
Maarleveld Adrian and Maarleveld Margot
Bought by
Bull Linda Katherine
Seller's Agent
A. Dunckel & D. Brill
Compass
Buyer's Agent
Heidi Maierhofer
KW Advisors
List Price
$2,995,000
Sold Price
$2,750,000
Premium/Discount to List
-$245,000
-8.18%
Current Estimated Value
$6,171,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,421,044
Avg. Annual Appreciation
6.42%
Original Mortgage
$1,000,000
Outstanding Balance
$696,230
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$5,474,814

Purchase Details

Closed on
Oct 21, 2002
Sold by
Maarleveld Adrian and Maarleveld Margot
Bought by
Maarleveld Adrian and Maarleveld Margot

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
5.86%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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
Bull Linda Katherine $2,749,750 Chicago Title Company
Maarleveld Adrian -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bull Linda Katherine $1,000,000
Previous Owner Maarleveld Adrian $250,000
Previous Owner Maarleveld Adrian $550,000
Previous Owner Maarleveld Adrian $500,000
Previous Owner Maarleveld Adrian $552,000
Previous Owner Maarleveld Adrian $325,000
Previous Owner Maarleveld Adrian $300,000
Previous Owner Maarleveld Adrian $299,000
Previous Owner Maarleveld Adrian $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2012 09/25/12 Sold $2,750,000 -8.2% $911 / Sq Ft
07/30/2012 07/30/12 Pending -- -- --
05/02/2012 05/02/12 For Sale $2,995,000 -- $992 / 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 $40,006 $3,386,417 $2,955,424 $430,993
2024 $40,006 $3,320,018 $2,897,475 $422,543
2023 $39,419 $3,254,920 $2,840,662 $414,258
2022 $38,967 $3,191,099 $2,784,963 $406,136
2021 $38,200 $3,128,529 $2,730,356 $398,173
2020 $37,406 $3,096,451 $2,702,360 $394,091
2019 $36,996 $3,035,737 $2,649,373 $386,364
2018 $35,973 $2,976,214 $2,597,425 $378,789
2017 $35,343 $2,917,858 $2,546,496 $371,362
2016 $34,420 $2,860,646 $2,496,565 $364,081
2015 $34,088 $2,817,678 $2,459,065 $358,613
2014 $33,434 $2,762,485 $2,410,896 $351,589
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2012

    A. Dunckel & D. Brill

    Compass

  • Heidi Maierhofer

    Buyer's Agent in 2012

    Heidi Maierhofer

    KW Advisors

    (650) 281-3601

    36 Total Sales

    Heidi Maierhofer
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Map

Source: MLSListings

MLS Number: ML81216474

MLSListings

APN: 003-07-062

California Santa Clara County Palo Alto 94301 Crescent Park

1290 University Ave, Palo Alto, CA

This home is located at 1290 University Ave, Palo Alto, CA 94301 since 29 February 2012 and is currently estimated at $6,171,044, approximately $2,043 per square foot. This property was built in 1924. 1290 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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