NOT LISTED FOR SALE

1320 Webster St Unit A Palo Alto, CA 94301

University South Neighborhood

Estimated Value: $5,843,000 - $7,158,000

3 Beds
3.5 Baths
3,081 Sq Ft
$2,164/Sq Ft Est. Value

Last Sold January 04, 2017

Last sale price $5,150,000 $1,672 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $42,144/month

114 Days on Market

Highlights

  • Skyline View
  • Wood Flooring
  • Granite Countertops
  • Walter Hays Elementary Rated A+
  • Loft
  • Breakfast Bar

About This Home

As of January 2017

Traditional Craftsman meets transitional style in this well located home in the Professorville neighborhood of Palo Alto. Abundant natural light and an open floor plan connects seamlessly to exquisitely crafted outdoor spaces. A truly unique private oasis in the city. Close to downtown Palo Alto, Stanford University and award-winning Palo Alto schools.

Last Agent to Sell the Property

Michael Dreyfus

Golden Gate Sotheby's International Realty License #01121795 Listed on: 08/11/2016

Golden Gate Sotheby's International Realty

Last Buyer's Agent

Derk T. Brill

Compass License #01256035

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $69,749

Year Built

  • Built in 1918

Lot Details

  • 8,451 Sq Ft Lot
  • Zoning described as R1

Parking

  • 1 Car Garage
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Shake Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,081 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Separate Family Room
  • Dining Area
  • Loft
  • Skyline Views
  • Washer and Dryer
  • Unfinished Basement

Kitchen

  • Breakfast Bar
  • Gas Cooktop
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Dual Sinks

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 120-07-078

Home Details

Home Type

Single Family

Est. Annual Taxes

$69,749

Year Built

Built in 1918

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Age: 98
  • Listing Class: Residential
  • Structure Sq Ft: 3081
  • Year Built: 1918
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Burning
  • Dining Room: Breakfast Bar, Dining Area
  • Kitchen: Cooktop - Gas, Countertop - Granite
  • Living Sq Ft: 3081
  • Stories: 2
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Hardwood, Tile
  • Additional Rooms: Basement - Unfinished, Loft
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Skylight
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Shake

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Attached Garage, Off-Street Parking, On Street

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: Palo Alto Unified
  • Elementary School: Walter Hays Elementary
  • Middle School: David Starr Jordan Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 315
  • Middle School: 329

Lot Info

  • Parcel Number: 120-07-078
  • Lot Acres: 0.1940
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8437.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8437.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 2, 2018
Sold by
Liu Changyan and Dong Weili
Bought by
Liu Changyan and Dong Weili
Current Estimated Value
$6,667,902

Purchase Details

Listed on
Aug 11, 2016
Closed on
Dec 15, 2016
Sold by
Henning James Salwyn and Kingsbury Dorrit
Bought by
Liu Changyan and Dong Weili
Seller's Agent
Michael Dreyfus
Golden Gate Sotheby's International Realty
Buyer's Agent
Derk T. Brill
Compass
List Price
$5,750,000
Sold Price
$5,150,000
Premium/Discount to List
-$600,000
-10.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.03%
Original Mortgage
$2,990,000
Outstanding Balance
$2,431,465
Interest Rate
3.58%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,236,437

Purchase Details

Closed on
Sep 28, 2011
Sold by
Henning James S and Kingsbury Dorrit
Bought by
Henning James Salwyn and Kingsbury Dorrit

Purchase Details

Closed on
Aug 1, 1996
Sold by
Hotle Smith David Sullivan and Hotle Smith Louise
Bought by
Henning James S and Kingsbury Dorrit
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Liu Changyan -- None Available
Liu Changyan $5,150,000 Chicago Title Co Palo Alto
Henning James Salwyn -- None Available
Henning James S -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liu Changyan $2,990,000
Previous Owner Henning James Salwyn $676,000
Previous Owner Henning James Salwyn $670,000
Previous Owner Henning James Salwyn $675,000
Previous Owner Henning James S $685,000
Previous Owner Henning James S $695,000
Previous Owner Henning James S $700,000
Previous Owner Henning James S $250,000
Previous Owner Henning James S $700,000
Previous Owner Henning James S $690,000
Previous Owner Henning James S $500,000
Previous Owner Henning James S $500,000
Previous Owner Henning James S $896,000
Previous Owner Henning James S $900,000
Previous Owner Henning James S $902,000
Previous Owner Henning James S $906,000
Previous Owner Henning James S $910,000
Previous Owner Henning James S $400,000
Previous Owner Henning James S $928,000
Previous Owner Henning James S $930,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2017 01/04/17 Sold $5,150,000 -10.4% $1,672 / Sq Ft
12/04/2016 12/04/16 Pending -- -- --
11/17/2016 11/17/16 For Sale $5,750,000 +11.7% $1,866 / Sq Ft
11/16/2016 11/16/16 Off Market $5,150,000 -- --
09/25/2016 09/25/16 Price Changed $5,750,000 -4.1% $1,866 / Sq Ft
08/11/2016 08/11/16 For Sale $5,995,000 -- $1,946 / 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 $69,749 $5,700,000 $4,850,000 $850,000
2024 $69,749 $5,859,817 $5,006,447 $853,370
2023 $68,728 $5,744,920 $4,908,282 $836,638
2022 $67,945 $5,632,276 $4,812,042 $820,234
2021 $66,608 $5,521,840 $4,717,689 $804,151
2020 $65,208 $5,465,221 $4,669,315 $795,906
2019 $64,496 $5,358,060 $4,577,760 $780,300
2018 $62,695 $5,253,000 $4,488,000 $765,000
2017 $18,806 $1,523,167 $982,342 $540,825
2016 $18,310 $1,493,302 $963,081 $530,221
2015 $18,129 $1,470,872 $948,615 $522,257
2014 $17,730 $1,442,060 $930,033 $512,027
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    Michael Dreyfus

    Golden Gate Sotheby's International Realty

    Section Image
  • Derk T. Brill

    Buyer's Agent in 2017

    Derk T. Brill

    Compass

    (650) 543-1117

    4 in this area

    34 Total Sales

    Derk T. Brill
    Section Image
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Map

Source: MLSListings

MLS Number: ML81599466

MLSListings

APN: 120-07-078

California Santa Clara County Palo Alto 94301 University South

1320 Webster St Unit A, Palo Alto, CA

This home is located at 1320 Webster St Unit A, Palo Alto, CA 94301 since 11 August 2016 and is currently estimated at $6,667,902, approximately $2,164 per square foot. This property was built in 1918. 1320 Webster St Unit A is a home located in Santa Clara County with nearby schools including Walter Hays Elementary, Frank S. Greene Jr. Middle, and Palo Alto High School.

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