Seller's Agent in 2025
Zachary Trailer
Compass
(650) 802-7780
2 in this area
64 Total Sales
1307 University Ave Palo Alto, CA 94301
Crescent Park Neighborhood
7
Beds
8.5
Baths
7,473
Sq Ft
0.34
Acres
Highlights
- Home Theater
- New Construction
- Primary Bedroom Suite
- Addison Elementary School Rated A+
- Solar Power System
- Soaking Tub in Primary Bathroom
About This Home
As of September 2025Stunning high end new construction on an oversized lot in highly sought after Crescent Park. A modern interpretation of the Spanish architecture, this just-completed home seamlessly blends into the neighborhood on an oversized beautifully landscaped corner lot. Spanning three levels and over 7,400 square feet, the home is defined by exceptional scale, quality, and a commitment to state-of-the-art, all-electric, solar-powered living. The homes 7 bedroom, 7 bathroom, and 2 powder room layout includes all en suite bedrooms (4 bedrooms upstairs), including a main level guest/in-law suite with its own kitchen and bath. Refined interiors, unified by white oak floors, feature a dramatic great room, sleek German Leicht kitchen, and formal living and dining rooms. A lower-level retreat offers a recreation room with bar, game area, theater, and wine storage. Set on over one-third acre, the private rear grounds invite outdoor living with a built-in barbecue, lawn, and a detached office, ideal for work from home. Moments from downtown Palo Alto and top-rated schools, this architectural masterpiece brings a fresh, modern perspective to one of the citys most coveted neighborhoods.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $89,559
Year Built
- Built in 2025 | New Construction
Lot Details
- 0.34 Acre Lot
- Sprinklers on Timer
- Back Yard
- Zoning described as R1929
Parking
- 2 Car Attached Garage
Home Design
- Slab Foundation
- Tile Roof
Interior Spaces
- 7,473 Sq Ft Home
- 3-Story Property
- Family Room with Fireplace
- Breakfast Room
- Formal Dining Room
- Home Theater
- Den
- Utility Room
- Laundry in Utility Room
- Finished Basement
Kitchen
- Open to Family Room
- Breakfast Bar
- Double Oven
- Electric Oven
- Electric Cooktop
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Stone
Bedrooms and Bathrooms
- 7 Bedrooms
- Main Floor Bedroom
- Primary Bedroom Suite
- Double Master Bedroom
- Walk-In Closet
- Bathroom on Main Level
- Dual Sinks
- Soaking Tub in Primary Bathroom
- Bathtub with Shower
- Oversized Bathtub in Primary Bathroom
- Walk-in Shower
Eco-Friendly Details
- Solar Power System
Outdoor Features
- Balcony
- Barbecue Area
Utilities
- Forced Air Heating and Cooling System
- Vented Exhaust Fan
Listing and Financial Details
- Assessor Parcel Number 003-06-035
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 12, 2021
Sold by
Wu Xuying
Bought by
Maple Dream Home Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,265,000
Outstanding Balance
$3,861,426
Interest Rate
2.9%
Mortgage Type
Construction
Estimated Equity
$6,611,483
Purchase Details
Closed on
Jun 5, 2014
Sold by
Stern Lawrence D and Stern Elizabeth Ann Moder
Bought by
Wu Xuying
Purchase Details
Closed on
Aug 23, 1995
Sold by
Stern Lawrence D and Stern Elizabeth A
Bought by
Stern L Daniel and Stern Moder-Stern E
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $505,000 | Lawyers Title | |
| Deed | -- | Lawyers Title | |
| Grant Deed | $3,499,750 | Chicago Title Company | |
| Grant Deed | -- | Chicago Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $4,265,000 | Construction | |
| Previous Owner | $1,974,000 | Reverse Mortgage Home Equity Conversion Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/05/2025 09/05/25 | Sold | $11,400,000 | -6.4% | $1,525 / Sq Ft |
| 08/21/2025 08/21/25 | Pending | -- | -- | -- |
| 08/08/2025 08/08/25 | For Sale | $12,180,000 | 0.0% | $1,630 / Sq Ft |
| 11/23/2018 11/23/18 | Rented | $9,000 | 0.0% | -- |
| 11/12/2018 11/12/18 | For Rent | $9,000 | -- | -- |
Source: MLSListings
Tax History Compared to Growth
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 | $89,559 | $9,141,498 | $6,007,498 | $3,134,000 |
| 2024 | $89,559 | $7,539,704 | $5,889,704 | $1,650,000 |
| 2023 | $84,620 | $7,084,220 | $5,774,220 | $1,310,000 |
| 2022 | $68,370 | $5,661,000 | $5,661,000 | $0 |
| 2021 | $48,143 | $3,963,773 | $3,793,900 | $169,873 |
| 2020 | $47,138 | $3,923,131 | $3,754,999 | $168,132 |
| 2019 | $46,622 | $3,846,208 | $3,681,372 | $164,836 |
| 2018 | $45,328 | $3,770,793 | $3,609,189 | $161,604 |
| 2017 | $44,535 | $3,696,857 | $3,538,421 | $158,436 |
| 2016 | $43,373 | $3,624,371 | $3,469,041 | $155,330 |
| 2015 | $42,956 | $3,569,930 | $3,416,933 | $152,997 |
| 2014 | $11,087 | $880,482 | $568,582 | $311,900 |
Source: Public Records
Agents Affiliated with this Home
-
Zachary Trailer
-
Greg Stange
Buyer's Agent in 2025
Greg Stange
Compass
(650) 208-5196
1 in this area
58 Total Sales
-
C
Seller's Agent in 2018
Christine Lin
Excalibur Realty
Map
Source: MLSListings
MLS Number: ML82017430
APN: 003-06-035
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