NOT LISTED FOR SALE

Estimated Value: $7,125,000 - $7,346,000

5 Beds
4 Baths
3,230 Sq Ft
$2,232/Sq Ft Est. Value

Last Sold August 12, 2021

Last sale price $6,250,000 $1,935 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $45,618/month

7 Days on Market

Highlights

  • Skyline View
  • Family Room with Fireplace
  • Hydromassage or Jetted Bathtub
  • Walter Hays Elementary Rated A+
  • Wood Flooring
  • Attic

About This Home

As of August 2021

On an expansive lot of nearly ¼-acre in Old Palo Alto rests this 5-bedroom, 4-bathroom home of over 3,200 sf. Outstanding curb appeal w/2 towering cypress trees flanking a brick-lined pathway to the front door. Inside, refinished hardwood floors, millwork, and natural light craft a bright, luxurious ambiance. Highlights include 2 fireplaces, expansive gathering areas, and the chefs kitchen that flows into the family room. The spacious primary suite includes a walk-in closet, jetted tub, and step-in shower. Additional bedrooms include a guest suite, plus one that converts into a den. The sprawling backyard includes patio space and a play structure, while the gated, extended driveway leads to the detached 2-car garage with an adjacent bonus room of 252 sf. Moments to Rinconada Park and Gamble Garden, convenient to University Avenue and Stanford, and within approximately 1 mile to top schools Walter Hays Elementary, Greene Middle, and Palo Alto High.

Last Agent to Sell the Property

Michael Repka

Deleon Realty License #70010006 Listed on: 07/28/2021

Last Buyer's Agent

Lan Bowling

Keller Williams Palo Alto License #01248958

Keller Williams Palo Alto

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $79,657

Year Built

  • 1987

Lot Details

  • 10,001 Sq Ft Lot
  • Wood Fence
  • Back Yard

Parking

  • 2 Car Detached Garage
  • Tandem Parking
  • Guest Parking

Property Views

  • Skyline
  • Neighborhood

Home Design

  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,230 Sq Ft Home
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Bay Window
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Den
  • Bonus Room
  • Attic

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Gas Cooktop
  • Range Hood
  • Ice Maker
  • Kitchen Island
  • Granite Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms
  • Bidet
  • Dual Sinks
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Barbecue Area

Utilities

  • Forced Air Heating System
  • Separate Meters
  • 220 Volts
  • Individual Gas Meter
  • Sewer Connection Less Than 500 Feet Away

Home Details

Home Type

Single Family

Est. Annual Taxes

$79,657

Year Built

1987

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Style: Luxury
  • Age: 34
  • Listing Class: Residential
  • Structure Sq Ft: 3230
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1987

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Gas Burning, Living Room
  • Dining Room: Breakfast Bar
  • Kitchen: 220 Volt Outlet, Cooktop - Gas, Countertop - Granite, Garbage Disposal, Hood Over Range, Ice Maker, Island, Oven - Built-In, Pantry, Refrigerator, Trash Compactor
  • Fireplace: Yes
  • Living Sq Ft: 3230
  • Bedrooms: Walk-In Closet
  • Laundry: Dryer, Electricity Hookup (220V), Inside, Washer
  • Flooring: Carpet, Tile, Wood
  • Additional Rooms: Attic, Bonus / Hobby Room, Laundry Room, Office Area
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Bathroom: Bidet, Double Sinks, Oversized Tub, Shower And Tub, Showers Over Tubs - 2+, Skylight, Stall Shower - 2+, Tile, Tub, Tub With Jets

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Shingle
  • View: Neighborhood
  • Yard/Grounds: Back Yard, Bbq Area
  • Fencing: Wood
  • Construction Type: Wood

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 4
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Detached Garage, Guest / Visitor Parking, Room For Oversized Vehicle, Tandem Parking

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer Connections - Less Than 500 Feet Away

Association/Amenities

  • Amenities Miscellaneous: Bay Window, Skylight, Walk-In Closet

Schools

  • School District: Palo Alto Unified
  • Elementary School: Walter Hays Elementary
  • Middle School: Frank S. Greene Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 315
  • Middle School: 329

Lot Info

  • Lot Description: Regular
  • Lot Acres: 0.2296
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 10000.00

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2021
Closed on
Aug 5, 2021
Sold by
Wong Chi C and Wong Patricia
Bought by
Stevens Mark A and Lim Ivy
Seller's Agent
Michael Repka
Deleon Realty
Buyer's Agent
Lan Bowling
Keller Williams Palo Alto
List Price
$5,988,000
Sold Price
$6,250,000
Premium/Discount to List
$262,000
4.38%
Current Estimated Value
$7,209,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$959,909
Avg. Annual Appreciation
3.11%

Purchase Details

Closed on
Jul 1, 2016
Sold by
Wong Chi and Wong Patricia
Bought by
Chi & Patricia Wong Trust and Wong Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
2.5%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 29, 2008
Sold by
Byles Mason E and Archibald Linda C
Bought by
Wong Chi and Wong Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.05%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 6, 2000
Sold by
Archibald Linda C Trustee and Mason E
Bought by
Byles Mason E and Archibald Linda C

Purchase Details

Closed on
Apr 21, 1997
Sold by
Archibald Linda
Bought by
Byles Mason E

Purchase Details

Closed on
Mar 12, 1997
Sold by
Archibald Linda C
Bought by
Archibald Linda C
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
Stevens Mark A $6,250,000 Chicago Title Company
Chi & Patricia Wong Trust -- Lawyers Title Company
Wong Chi -- First American Title Company
Byles Mason E -- --
Byles Mason E -- --
Byles Mason E -- First American Title Guarant
Archibald Linda C -- --
Archibald Linda C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chi & Patricia Wong Trust $2,000,000
Previous Owner Wong Chi $417,000
Previous Owner Wong Chi $610,000
Previous Owner Wong Chi $800,000
Previous Owner Wong Chi $250,000
Previous Owner Wong Chi C $500,000
Previous Owner Wong Chi $460,000
Previous Owner Wong Chi $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2021 08/12/21 Sold $6,250,000 +4.4% $1,935 / Sq Ft
08/05/2021 08/05/21 Pending -- -- --
07/28/2021 07/28/21 For Sale $5,988,000 -- $1,854 / 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 $79,657 $6,836,202 $6,155,006 $681,196
2024 $79,657 $6,702,160 $6,034,320 $667,840
2023 $76,248 $6,375,000 $5,916,000 $459,000
2022 $75,382 $6,250,000 $5,800,000 $450,000
2021 $38,794 $3,185,403 $2,548,326 $637,077
2020 $37,987 $3,152,742 $2,522,197 $630,545
2019 $37,568 $3,090,925 $2,472,743 $618,182
2018 $36,528 $3,030,319 $2,424,258 $606,061
2017 $35,887 $2,970,902 $2,376,724 $594,178
2016 $34,948 $2,912,650 $2,330,122 $582,528
2015 $34,610 $2,868,900 $2,295,122 $573,778
2014 $33,945 $2,812,703 $2,250,164 $562,539
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81855692

MLSListings

APN: 124-15-008