NOT LISTED FOR SALE

Estimated Value: $5,626,310 - $7,342,000

4 Beds
3.5 Baths
2,904 Sq Ft
$2,122/Sq Ft Est. Value

Last Sold March 12, 2013

Last sale price $3,500,000 $1,205 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $36,888/month

Highlights

  • Wood Flooring
  • 2 Fireplaces
  • Formal Dining Room
  • Walter Hays Elementary Rated A+
  • Wine Refrigerator
  • 1 Car Attached Garage

About This Home

As of June 2023

On a tree-lined street in Community Center ( one of the most desirable Palo Alto neighborhoods) is this New England Colonial-style 2001 custom built estate with tasteful remodel in the last 10 years. Almost 3000 sf of living space is a perfect blend of luxury and functionality. Not your typical rental property, only recently became a rental property, this home was elegantly designed, further improved with carefully chosen luxury materials and meticulously maintained. The gourmet chefs kitchen has built-in desk. 4 BD/3.5BA--Primary suite has 2 walk-in closets, and a spa-inspired bath; a junior suite with ensuite bath and 2 additional bedrooms sharing a huge hall bath. The backyard offers ample space for outdoor playing and home entertaining. EV charger | A/C | top ranked Palo Alto schools. Close to Eleanor Pardee park, Rinconada Park (swimming, tennis), Childrens library and Childrens museum. Easy driving distance to Stanford University and world renowned tech, VC & financial firms

Last Agent to Rent the Property

Julie Lau

Coldwell Banker Realty License #01052924 Listed on: 04/29/2023

Coldwell Banker Realty

Last Renter's Agent

Julie Lau

Coldwell Banker Realty License #01052924 Listed on: 04/29/2023

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $50,557

Year Built

  • 2001

Lot Details

  • 8,002

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 2,904 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Separate Family Room
  • Formal Dining Room
  • Washer and Dryer

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Wine Refrigerator

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms

Additional Features

  • 8,002 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Security Deposit $12,500
  • Property Available on 4/29/23
  • Rent includes gardener
  • 12-Month Minimum Lease Term

Home Details

Home Type

Single Family

Est. Annual Taxes

$50,557

Year Built

2001

Lot Details

0

Parking

1

Rental Info

  • Available: 04/29/2023
  • Lease Terms: Credit Report Required, Deposit Required
  • Minimum Lease Months: 12
  • Rent Includes: Gardener
  • Security Deposit: 12500

Listing Details

  • Subclass: House For Rent
  • Age: 22
  • Listing Class: Residential Lease/Rental
  • Structure Sq Ft: 2904
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2001

Interior Features

  • Family Room: Separate Family Room
  • Dining Room: Formal Dining Room
  • Kitchen: Cooktop - Gas, Dishwasher, Microwave, Pantry, Refrigerator, Wine Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 2904
  • Stories: 2
  • Laundry: Washer / Dryer
  • Flooring: Hardwood, Stone
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air - Gas

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 Acres: 0.1837
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8000.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2013
Closed on
Apr 17, 2013
Sold by
Kwan Ting Yin and Chan Janice
Bought by
Kwan Ting Yin and Chan Janice Poman
Seller's Agent
Miles McCormick
Keller Williams Palo Alto
Buyer's Agent
Julie Lau
Coldwell Banker Realty
List Price
$3,095,000
Sold Price
$3,500,000
Premium/Discount to List
$405,000
13.09%
Current Estimated Value
$6,163,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,663,078
Avg. Annual Appreciation
4.61%
Original Mortgage
$600,000
Outstanding Balance
$402,441
Interest Rate
2.25%
Mortgage Type
New Conventional
Estimated Equity
$5,760,637

Purchase Details

Listed on
Feb 20, 2013
Closed on
Mar 4, 2013
Sold by
Bowman Michael and Bowman Dana
Bought by
Kwan Ting Yin and Chan Janice
Seller's Agent
Miles McCormick
Keller Williams Palo Alto
Buyer's Agent
Julie Lau
Coldwell Banker Realty
List Price
$3,095,000
Sold Price
$3,500,000
Premium/Discount to List
$405,000
13.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$402,441
Interest Rate
2.25%
Mortgage Type
New Conventional
Estimated Equity
$5,760,637

Purchase Details

Closed on
Dec 21, 2000
Sold by
Big Guy Inc
Bought by
Bowman Michael and Bowman Dana

Purchase Details

Closed on
Sep 2, 1999
Sold by
Kelly William J Trustee
Bought by
Big Guy Inc
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
Kwan Ting Yin -- None Available
Kwan Ting Yin $3,499,750 First American Title Company
Bowman Michael -- Old Republic Title Company
Big Guy Inc $700,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kwan Ting Yin $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2023 06/16/23 Rented $12,500 0.0% --
05/13/2023 05/13/23 Under Contract -- -- --
04/29/2023 04/29/23 For Rent $12,500 0.0% --
03/12/2013 03/12/13 Sold $3,500,000 +13.1% $1,205 / Sq Ft
02/27/2013 02/27/13 Pending -- -- --
02/20/2013 02/20/13 For Sale $3,095,000 -- $1,066 / 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 $50,557 $4,309,990 $3,694,281 $615,709
2024 $50,557 $4,225,482 $3,621,845 $603,637
2023 $49,815 $4,142,630 $3,550,829 $591,801
2022 $49,244 $4,061,403 $3,481,205 $580,198
2021 $48,274 $3,981,769 $3,412,947 $568,822
2020 $47,265 $3,940,942 $3,377,952 $562,990
2019 $46,746 $3,863,669 $3,311,718 $551,951
2018 $45,447 $3,787,912 $3,246,783 $541,129
2017 $44,650 $3,713,640 $3,183,121 $530,519
2016 $43,484 $3,640,824 $3,120,707 $520,117
2015 $43,065 $3,586,137 $3,073,832 $512,305
2014 $42,264 $3,515,890 $3,013,620 $502,270
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81926448

MLSListings

APN: 003-45-023