Seller's Agent in 2015
John King
Keller Williams Palo Alto
(650) 483-2710
1 in this area
89 Total Sales
1417 Pitman Ave Palo Alto, CA 94301
Crescent Park NeighborhoodEstimated Value: $6,171,000 - $7,188,000
5
Beds
3
Baths
2,809
Sq Ft
$2,357/Sq Ft
Est. Value
Highlights
- Vaulted Ceiling
- Wood Flooring
- Formal Dining Room
- Duveneck Elementary School Rated A+
- Corian Countertops
- 4-minute walk to Eleanor Pardee Park
About This Home
As of August 2015Classic two-story traditional appeal in sought-after Crescent Park. Close to the Community Garden & Eleanor Park, the home has added privacy in a serene garden setting. This 5-bedroom, 3-bath home provides a unique tri-level floor plan with an upper level open family/recreation room. Remodeled kitchen features gorgeous cabinetry & island. Formal Living Room & Separate dining room. Hardwood flooring, Recessed & track lighting. Dual paned windows, French doors to backyard. Outdoor patio & landscaped yards.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $63,711
Year Built
- Built in 1958
Lot Details
- 9,278 Sq Ft Lot
- Wood Fence
- Level Lot
- Back Yard
- Zoning described as R1
Parking
- 2 Car Garage
- Garage Door Opener
- Electric Gate
Home Design
- Wood Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,809 Sq Ft Home
- 2-Story Property
- Vaulted Ceiling
- Wood Burning Fireplace
- Formal Entry
- Separate Family Room
- Formal Dining Room
Kitchen
- Eat-In Kitchen
- Built-In Oven
- Dishwasher
- Kitchen Island
- Corian Countertops
- Disposal
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
- Walk-in Shower
Laundry
- Laundry Room
- Washer and Dryer Hookup
Outdoor Features
- Balcony
Utilities
- Forced Air Heating and Cooling System
- 220 Volts
Listing and Financial Details
- Assessor Parcel Number 003-23-098
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 23, 2015
Closed on
Aug 3, 2015
Sold by
Gleim Georgie Lee
Bought by
Lu Mei
Seller's Agent
John King
Keller Williams Palo Alto
Buyer's Agent
Xin Jiang
Compass
List Price
$3,500,000
Sold Price
$4,600,000
Premium/Discount to List
$1,100,000
31.43%
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
$2,021,571
Avg. Annual Appreciation
3.34%
Purchase Details
Closed on
Mar 25, 2014
Sold by
Gleim Georgie Lee
Bought by
Gleim Georgie Lee
Purchase Details
Closed on
Jun 8, 2009
Sold by
Gleim Marjorie W
Bought by
Gleim Marjorie W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
4.76%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 5, 2000
Sold by
Hillel Ofek
Bought by
Gleim Arthur F and Gleim Marjorie W
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lu Mei | $4,600,000 | Old Republic Title Company | |
| Gleim Georgie Lee | -- | None Available | |
| Gleim Marjorie W | -- | Old Republic Title Company | |
| Gleim Marjorie W | -- | Old Republic Title Company | |
| Gleim Arthur F | -- | First American Title Guarant |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Gleim Marjorie W | $540,100 | |
| Previous Owner | Gleim Marjorie W | $1,200,000 | |
| Previous Owner | Gleim Arthur F | $3,400,000 | |
| Previous Owner | Gleim Arthur F | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/06/2015 08/06/15 | Sold | $4,600,000 | +31.4% | $1,638 / Sq Ft |
| 07/31/2015 07/31/15 | Pending | -- | -- | -- |
| 07/23/2015 07/23/15 | For Sale | $3,500,000 | -- | $1,246 / 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 | $63,711 | $5,445,463 | $5,090,327 | $355,136 |
| 2024 | $63,711 | $5,338,690 | $4,990,517 | $348,173 |
| 2023 | $62,780 | $5,234,011 | $4,892,664 | $341,347 |
| 2022 | $62,065 | $5,131,384 | $4,796,730 | $334,654 |
| 2021 | $60,845 | $5,030,770 | $4,702,677 | $328,093 |
| 2020 | $59,569 | $4,979,186 | $4,654,457 | $324,729 |
| 2019 | $58,919 | $4,881,556 | $4,563,194 | $318,362 |
| 2018 | $57,277 | $4,785,840 | $4,473,720 | $312,120 |
| 2017 | $56,275 | $4,692,000 | $4,386,000 | $306,000 |
| 2016 | $54,809 | $4,600,000 | $4,300,000 | $300,000 |
| 2015 | $3,731 | $242,558 | $81,484 | $161,074 |
| 2014 | $3,483 | $237,807 | $79,888 | $157,919 |
Source: Public Records
Agents Affiliated with this Home
-
John King
-
Xin Jiang
Buyer's Agent in 2015
Xin Jiang
Compass
(650) 283-8379
8 in this area
57 Total Sales
Map
Source: MLSListings
MLS Number: ML81496525
APN: 003-23-098
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