132 Emerson St Palo Alto, CA 94301
Downtown North Neighborhood
2
Beds
1.5
Baths
1,119
Sq Ft
8,037
Sq Ft Lot
Highlights
- Wood Flooring
- Formal Dining Room
- Bathtub with Shower
- Addison Elementary School Rated A+
- 2 Car Detached Garage
- 4-minute walk to El Palo Alto Park
About This Home
As of December 2024Rare opportunity in Downtown Palo Alto. Perfectly shaped and expansive 8,036 square foot lot (48 feet of street frontage by 164 feet deep). Located in the RM-20 zone district, which is a Low Density Multiple-Family Residence District. Enjoy the charming home built in 1926, with 2 Bedrooms and 1.5 bathrooms, living room with handsome fireplace, detached 2 car garage with attached storage space. Convenient location with easy access to downtown Palo Alto and Stanford Shopping Center, and just a few blocks from the Caltrain station. Sought after Palo Alto schools. Live in as is, remodel and expand, build an accessory dwelling unit in the back of this deep lot, or a multi-family compound.
Last Agent to Sell the Property
Christie's International Real Estate Sereno License #01229105 Listed on: 11/20/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $29,187
Year Built
- Built in 1926
Lot Details
- 8,037 Sq Ft Lot
- Zoning described as RM1
Parking
- 2 Car Detached Garage
Home Design
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1,119 Sq Ft Home
- 1-Story Property
- Living Room with Fireplace
- Formal Dining Room
- Wood Flooring
Bedrooms and Bathrooms
- 2 Bedrooms
- Bathtub with Shower
Laundry
- Laundry in unit
- Washer and Dryer
Utilities
- Cooling System Mounted To A Wall/Window
- Forced Air Heating System
Listing and Financial Details
- Assessor Parcel Number 120-24-021
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 20, 2024
Closed on
Dec 16, 2024
Sold by
Palo Alto Properties and Palo Alto Properties Llc
Bought by
Moon Ji Won
Seller's Agent
Bob Kamangar
Christie's International Real Estate Sereno
Buyer's Agent
Steve Milender
Christie's International Real Estate Sereno
List Price
$2,898,000
Sold Price
$2,780,000
Premium/Discount to List
-$118,000
-4.07%
Views
51
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,231
Avg. Annual Appreciation
5.33%
Purchase Details
Listed on
Nov 20, 2024
Closed on
Dec 13, 2024
Sold by
Ho Chang Seong
Bought by
Moon Ji Won
Seller's Agent
Bob Kamangar
Christie's International Real Estate Sereno
Buyer's Agent
Steve Milender
Christie's International Real Estate Sereno
List Price
$2,898,000
Sold Price
$2,780,000
Premium/Discount to List
-$118,000
-4.07%
Views
51
Purchase Details
Closed on
Sep 17, 2008
Sold by
Landsmith Opportunity Fund Llc
Bought by
Palo Alto Properties
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$980,000
Interest Rate
6.59%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 27, 2008
Sold by
Petty Eric and Hytson Helen S
Bought by
Landsmith Opportunity Fund Llc and Managing Member Landsmith Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$980,000
Interest Rate
6.59%
Mortgage Type
Purchase Money Mortgage
Similar Homes in the area
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 | $2,780,000 | First American Title | |
| Grant Deed | $2,780,000 | First American Title | |
| Grant Deed | -- | First American Title | |
| Grant Deed | -- | First American Title | |
| Grant Deed | -- | Stewart Title Of California | |
| Grant Deed | $1,400,000 | Cornerstone Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $980,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/20/2024 12/20/24 | Sold | $2,780,000 | -4.1% | $2,484 / Sq Ft |
| 12/10/2024 12/10/24 | Pending | -- | -- | -- |
| 11/20/2024 11/20/24 | For Sale | $2,898,000 | -- | $2,590 / Sq Ft |
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 | $29,187 | $2,780,000 | $2,700,000 | $80,000 |
| 2024 | $29,187 | $2,398,765 | $2,386,148 | $12,617 |
| 2023 | $28,758 | $2,351,731 | $2,339,361 | $12,370 |
| 2022 | $28,425 | $2,305,620 | $2,293,492 | $12,128 |
| 2021 | $27,866 | $2,260,413 | $2,248,522 | $11,891 |
| 2020 | $27,292 | $2,237,237 | $2,225,467 | $11,770 |
| 2019 | $26,991 | $2,193,371 | $2,181,831 | $11,540 |
| 2018 | $26,251 | $2,150,364 | $2,139,050 | $11,314 |
| 2017 | $25,791 | $2,108,201 | $2,097,108 | $11,093 |
| 2016 | $25,115 | $2,066,865 | $2,055,989 | $10,876 |
| 2015 | $24,871 | $2,035,820 | $2,025,107 | $10,713 |
| 2014 | $24,365 | $1,995,942 | $1,985,438 | $10,504 |
Source: Public Records
Agents Affiliated with this Home
-
Bob Kamangar
Seller's Agent in 2024
Bob Kamangar
Sereno Group
(650) 245-0245
2 in this area
18 Total Sales
-
Steve Milender
S
Buyer's Agent in 2024
Steve Milender
Sereno Group
(650) 543-8500
1 in this area
2 Total Sales
Map
Source: MLSListings
MLS Number: ML81987114
APN: 120-24-021
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Property Information © 2025 MLSListings Inc. All rights reserved. Listing information is deemed reliable but not guaranteed. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSListings Inc. The viewer acknowledges ownership and validity of its copyright. Information provided is for personal, non-commercial use by a viewer with a bona fide interest in the purchase or sale of real estate of the type being offered via this website or other electronic means. The viewer is prohibited from copying, redistributing or retransmitting any of the data or information provided by MLSListing, Inc.
Nearby Homes
- 20 Willow Rd Unit 45
- 333 Waverley St
- 102 University Ave Unit 3A 3B 3C
- 241 E Creek Dr
- 480 Sherwood Way
- 128 Cornell Rd
- 114 University Dr
- 251 Middlefield Rd
- 756 Waverley St
- 447 Homer Ave
- 555 Byron St Unit 105
- 498 Fulton St
- 707 Webster St
- 70 Encina Ave
- 765 University Ave
- 789 University Ave
- 942 Ramona St
- 907 Cowper St
- 236 Willow Rd
- 643 Channing Ave