NOT LISTED FOR SALE

1317 Forest Ave Palo Alto, CA 94301

Crescent Park Neighborhood

Estimated Value: $5,561,566 - $6,520,000

4 Beds
3.5 Baths
3,088 Sq Ft
$1,926/Sq Ft Est. Value

Last Sold April 16, 2013

Last sale price $3,010,000 $975 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $36,782/month

9 Days on Market

Highlights

  • Primary Bedroom Suite
  • English Cottage Architecture
  • Wood Flooring
  • Duveneck Elementary School Rated A+
  • Living Room with Fireplace
  • Main Floor Bedroom

About This Home

As of April 2013

CLASSIC PALO ALTO HOME IN PRIME CRESCENT PARK LOCATION. CHARM & ELEGANCE W/MANY SYSTEM UPGRADES AND DESIGNER APPOINTMENTS THROUGHOUT. FRENCH DRS & WINDOWS PROVIDE TRANQUIL VIEWS OF THE GARDENS FROM EVERY ROOM. GOURMET KITCHEN W/SUB-ZERO FRIDGE,WOLF RANGE,DUAL VIKING OVENS.THREE LG UPSTAIRS BEDROOMS INCLUDING ROMANTIC MASTER SUITE. HDWD FLRS, DETACHED 2-CAR GARAGE. 2 BLOCKS TO DUVENECK ELEMENTARY.

Last Agent to Sell the Property

Sherry Bucolo

Compass License #00613242 Listed on: 02/27/2013

Compass

Last Buyer's Agent

Lan Bowling

Deleon Realty License #01248958

Deleon Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $43,692

Year Built

  • Built in 1934

Lot Details

  • Fenced
  • Level Lot
  • Sprinklers on Timer
  • Zoning described as R1

Parking

  • 2 Car Detached Garage

Home Design

  • English Cottage Architecture
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,088 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Separate Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Den

Kitchen

  • Built-In Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Bathtub
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 003-20-046

Home Details

Home Type

Single Family

Est. Annual Taxes

$43,692

Year Built

Built in 1934

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Country English
  • Age: 79
  • Sale Price Per Sq Ft: 974.74
  • Level Street Main: Bedroom(s)
  • Listing Class: Residential
  • Structure Sq Ft: 3088
  • Barclay Horizontal: 10
  • 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: B
  • Map Top Coordinate Secondary: 10
  • Thomas Bros Page: 791
  • Thomas Brothers: B3
  • Year Built: 1934
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room, Wood Burning, Gas Starter, Yes
  • Dining Room: Formal Dining Room, No Informal Dining Room
  • Kitchen: Dishwasher, Cooktop, Garbage Disposal, Refrigerator, Microwave, Ovens - 2+, Oven - Self Cleaning, Oven - Built-In, Hookups - Gas
  • Living Sq Ft: 3088
  • Stories: 2
  • Security: Security Alarm - Owned
  • Bedrooms: Primary Suite / Retreat, Ground Floor Bedroom
  • Laundry: Dryer, Washer, 220 Volt Outlet
  • Flooring: Carpet - Area, Tile, Hardwood
  • Additional Rooms: Den / Study / Office, Basement - Partial, Storage
  • Maximum Bathrooms: 4
  • Maximum Numberof Bedrooms: 4
  • Minimum Bathrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Tubs - 2+, Stall Shower - 2+, Tub in Primary Bedroom

Exterior Features

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

Garage/Parking

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

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Window Covering(s)

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: 003-20-046
  • List Price per Sq Ft: 971.18
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6420.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 6420.00
  • Lot Size Area Min Search: 6420.00
  • Maximum Lot Size: 6420.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Green Features

  • Energy Features: Ceiling Fan(s)

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 27, 2013
Closed on
Apr 5, 2013
Sold by
Shane David R and Shane Kimberly D
Bought by
Xu Tao and Wan Min
Seller's Agent
Sherry Bucolo
Compass
Buyer's Agent
Lan Bowling
Deleon Realty
List Price
$2,999,000
Sold Price
$3,010,000
Premium/Discount to List
$11,000
0.37%
Current Estimated Value
$6,052,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,042,939
Avg. Annual Appreciation
5.68%
Original Mortgage
$1,000,000
Outstanding Balance
$680,593
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$5,267,549

Purchase Details

Closed on
Jun 29, 2009
Sold by
Shane David R and Shane Kimberly D
Bought by
Shane David R and Shane Kimberly D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Interest Rate
5.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 2009
Sold by
Deandre Dennis R and Deandre Gretchen
Bought by
Shane David R and Shane Kimberly D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Interest Rate
5.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 22, 2002
Sold by
Lovy Daniel and Lovy Jeanne R
Bought by
Deandre Dennis R and Deandre Gretchen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
4.95%

Purchase Details

Closed on
May 8, 2000
Sold by
Lewis Robert S And Sheila J Trustee
Bought by
Lovy Daniel and Lovy Jeanne R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,999,999
Interest Rate
8.75%
Source: Public Records

Range of Values:

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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
Xu Tao $3,009,750 Chicago Title Company
Shane David R -- Chicago Title Company
Shane David R -- Chicago Title Company
Deandre Dennis R $1,600,000 Old Republic Title Company
Lovy Daniel -- Alliance Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Xu Tao $1,000,000
Previous Owner Shane David R $2,000,000
Previous Owner Shane David $660,000
Previous Owner Shane David R $1,820,000
Previous Owner Deandre Dennis R $1,215,000
Previous Owner Deandra Dennis R $80,000
Previous Owner Deandre Dennis R $1,200,000
Previous Owner Lovy Daniel $1,999,999
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2013 04/16/13 Sold $3,010,000 +0.4% $975 / Sq Ft
03/08/2013 03/08/13 Pending -- -- --
02/27/2013 02/27/13 For Sale $2,999,000 -- $971 / 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 $43,692 $3,706,589 $3,152,451 $554,138
2024 $43,692 $3,633,912 $3,090,639 $543,273
2023 $43,052 $3,562,660 $3,030,039 $532,621
2022 $42,558 $3,492,805 $2,970,627 $522,178
2021 $41,721 $3,424,320 $2,912,380 $511,940
2020 $40,852 $3,389,209 $2,882,518 $506,691
2019 $40,405 $3,322,755 $2,825,999 $496,756
2018 $39,286 $3,257,604 $2,770,588 $487,016
2017 $38,598 $3,193,730 $2,716,263 $477,467
2016 $37,590 $3,131,108 $2,663,003 $468,105
2015 $37,228 $3,084,077 $2,623,003 $461,074
2014 $36,523 $3,023,665 $2,571,622 $452,043
Source: Public Records

Agents Affiliated with this Home

  • Sherry Bucolo

    Seller's Agent in 2013

    Sherry Bucolo

    Compass

    (650) 207-9909

    9 in this area

    41 Total Sales

    Section Image

  • L

    Buyer's Agent in 2013

    Lan Bowling

    Deleon Realty

    Section Image
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Map

Source: MLSListings

MLS Number: ML81306014

MLSListings

APN: 003-20-046

California Santa Clara County Palo Alto 94301 Crescent Park

1317 Forest Ave, Palo Alto, CA

This home is located at 1317 Forest Ave, Palo Alto, CA 94301 since 27 February 2013 and is currently estimated at $5,948,142, approximately $1,926 per square foot. This property was built in 1934. 1317 Forest Ave is a home located in Santa Clara County with nearby schools including Duveneck Elementary School, Frank S. Greene Jr. Middle, and Palo Alto High School.

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