NOT LISTED FOR SALE

1317 Martin Ave Palo Alto, CA 94301

Crescent Park Neighborhood

Estimated Value: $6,899,000 - $8,398,000

4 Beds
3 Baths
2,954 Sq Ft
$2,592/Sq Ft Est. Value

Last Sold April 21, 2022

Last sale price $8,750,000 $2,962 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $48,756/month

6 Days on Market

Highlights

  • New Construction
  • Solar Power System
  • Wood Flooring
  • Duveneck Elementary School Rated A+
  • Soaking Tub in Primary Bathroom
  • 4-minute walk to Eleanor Pardee Park

About This Home

As of April 2022

Magnificent modern masterpiece designed by award-winning Feldman Architecture and meticulously brought to life by renowned NorthWall Builders. Nestled on a beautiful tree-lined street in the heart of highly sought-after Crescent Park, this brand new build boasts impeccable attention to detail, highest quality finishes, gorgeous design elements, and an inspiring and flexible floor plan ideal for California indoor-outdoor living. Private & lush landscaping by Boxleaf Design. Close to everything Palo Alto and Stanford have to offer. Outstanding Palo Alto neighborhood schools: Duveneck Elementary, Greene Middle, and Palo Alto High.

Last Agent to Sell the Property

Brian Chancellor

Christie's International Real Estate Sereno License #01174998 Listed on: 03/24/2022

Christie's International Real Estate Sereno

Last Buyer's Agent

Nicole Aron

Compass License #00952657

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $88,292

Year Built

  • 2020

Lot Details

  • 8,738 Sq Ft Lot

Parking

  • 1 Car Attached Garage
  • Electric Vehicle Home Charger
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Wood Frame Construction
  • Ceiling Insulation
  • Floor Insulation
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,954 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Gas Fireplace
  • Double Pane Windows
  • Great Room
  • Living Room with Fireplace
  • Dining Area
  • Wood Flooring
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Dual Sinks
  • Low Flow Toliet
  • Soaking Tub in Primary Bathroom
  • Bathtub with Shower
  • Oversized Bathtub in Primary Bathroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

  • Alarm System
  • Fire Sprinkler System

Eco-Friendly Details

  • Energy-Efficient Insulation
  • Solar Power System
  • Solar owned by seller

Utilities

  • Zoned Heating and Cooling
  • Thermostat
  • Tankless Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$88,292

Year Built

2020

Lot Details

0

Parking

1

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Age: 2
  • Listing Class: Residential
  • Structure Sq Ft: 2954
  • Construction: Completed-Never Occupied, New Construction
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2020

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Burning, Living Room
  • Dining Room: Dining Area, Eat In Kitchen
  • Kitchen: Cooktop - Gas, Countertop - Other, Dishwasher, Garbage Disposal, Hood Over Range, Island, Microwave, Pantry, Refrigerator, Wine Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 2954
  • Stories: 2
  • Security: Fire System - Sprinkler, Security Alarm
  • Laundry: Inside, Washer / Dryer
  • Flooring: Hardwood
  • Additional Rooms: Great Room, Laundry Room
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Full On Ground Floor, Oversized Tub, Primary - Oversized Tub, Primary - Stall Shower(s), Shower Over Tub - 1, Stall Shower

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space
  • Roof: Composition
  • Construction Type: Wood, Wood Frame

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 2
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Attached Garage, Electric Car Hookup, Off-Street Parking, On Street

Utilities

  • Cooling System: Multi-Zone
  • Heating System: Heating - 2+ Zones
  • Sewer/Septic System: Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Walk-In Closet

Schools

  • School District: Palo Alto Unified
  • Elementary School: Duveneck Elementary
  • Middle School: Frank S. Greene Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 311
  • Middle School: 329

Lot Info

  • Lot Acres: 0.2006
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8738.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8738.00

Green Features

  • Energy Features: Ceiling Insulation, Double Pane Windows, Insulation - Floor, Insulation - Per Owner, Low Flow Toilet, Solar Power, Tankless Water Heater, Thermostat Controller

Multi Family

  • Utilities: Public Utilities, Solar Panels - Owned

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2022
Closed on
Apr 12, 2022
Sold by
1317 Martin Llc
Bought by
Linder Family Trust
Seller's Agent
Brian Chancellor
Christie's International Real Estate Sereno
Buyer's Agent
Nicole Aron
Compass
List Price
$8,750,000
Sold Price
$8,750,000
Current Estimated Value
$7,656,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,093,020
Avg. Annual Appreciation
-5.26%

Purchase Details

Closed on
Jul 25, 2019
Sold by
Spencer Heather Ann and Lane L Spencer Living Trust
Bought by
1317 Martin Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Interest Rate
5.5%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 15, 2014
Sold by
Spencer Lane L
Bought by
Spencer Lane L
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
Linder Family Trust $8,750,000 Lawyers Title
1317 Martin Llc $3,850,000 Lawyers Title Company
Spencer Lane L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 1317 Martin Llc $5,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2022 04/21/22 Sold $8,750,000 0.0% $2,962 / Sq Ft
03/31/2022 03/31/22 Pending -- -- --
03/24/2022 03/24/22 For Sale $8,750,000 -- $2,962 / 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 $88,292 $7,587,636 $5,412,160 $2,175,476
2024 $88,292 $7,438,860 $5,306,040 $2,132,820
2023 $87,001 $7,293,000 $5,202,000 $2,091,000
2022 $58,157 $4,803,098 $3,813,098 $990,000
2021 $49,590 $4,085,332 $3,738,332 $347,000
2020 $46,277 $3,850,000 $3,700,000 $150,000
2019 $5,359 $379,056 $142,115 $236,941
2018 $5,228 $371,625 $139,329 $232,296
2017 $5,134 $364,340 $136,598 $227,742
2016 $4,993 $357,197 $133,920 $223,277
2015 $4,937 $351,833 $131,909 $219,924
2014 $4,751 $344,942 $129,326 $215,616
Source: Public Records

Agents Affiliated with this Home

  • Brian Chancellor

    Seller's Agent in 2022

    Brian Chancellor

    Sereno Group

    (650) 303-5511

    12 in this area

    90 Total Sales

    Brian Chancellor
    Section Image
  • Nicole Aron

    Buyer's Agent in 2022

    Nicole Aron

    Compass

    (650) 250-4517

    2 in this area

    31 Total Sales

    Nicole Aron
    Section Image
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Map

Source: MLSListings

MLS Number: ML81883777

MLSListings

APN: 003-22-046

California Santa Clara County Palo Alto 94301 Crescent Park

1317 Martin Ave, Palo Alto, CA

This home is located at 1317 Martin Ave, Palo Alto, CA 94301 since 24 March 2022 and is currently estimated at $7,656,980, approximately $2,592 per square foot. This property was built in 2020. 1317 Martin 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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