NOT LISTED FOR SALE

142 Santa Rita Ave Palo Alto, CA 94301

Old Palo Alto Neighborhood

Estimated Value: $3,721,000 - $4,261,000

2 Beds
2 Baths
1,448 Sq Ft
$2,737/Sq Ft Est. Value

Last Sold May 09, 2019

Last sale price $2,800,000 $1,934 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $24,727/month

16 Days on Market

Highlights

  • Wood Flooring
  • Formal Dining Room
  • Eat-In Kitchen
  • Walter Hays Elementary Rated A+
  • 2 Car Detached Garage
  • 3-minute walk to Bowden Park

About This Home

As of May 2019

Old Palo Alto Opportunity!! Located on a private corner in the coveted Old Palo Alto, this charming single story residence features 2 bedrooms plus a family room. An entry foyer welcomes the visitor to this lovely traditional home with divided light wood windows and oak hardwood floors throughout most of the home. Gracious Living Room with fireplace, Formal Dining Room plus an eat-in-kitchen. Detached 2 gar garage. With its premier location in the heart of Old Palo Alto, every amenity needed is in close proximity including Greene Middle School, Bowden Park and an array of fine shopping and dining on renowned California Avenue blocks away. Plus, Silicon Valley tech centers, Stanford University, and commuter routes to the greater Bay Area are all within easy reach.

Last Agent to Sell the Property

Leannah Hunt

Christie's International Real Estate Sereno License #70010715 Listed on: 03/28/2019

Christie's International Real Estate Sereno

Last Buyer's Agent

Denise Simons

Compass License #01376733

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $38,057

Year Built

  • Built in 1931

Lot Details

  • 5,624 Sq Ft Lot
  • Fenced
  • Zoning described as R1

Parking

  • 2 Car Detached Garage

Home Design

  • Rolled or Hot Mop Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 1,448 Sq Ft Home
  • 1-Story Property
  • Separate Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Tile Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • 220 Volts
  • Individual Gas Meter
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 124-19-060

Home Details

Home Type

Single Family

Est. Annual Taxes

$38,057

Year Built

Built in 1931

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 88
  • Listing Class: Residential
  • Structure Sq Ft: 1448
  • Year Built: 1931
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room
  • Dining Room: Eat in Kitchen, Formal Dining Room
  • Kitchen: 220 Volt Outlet, Countertop - Tile, Exhaust Fan, Garbage Disposal, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 1448
  • Stories: 1
  • Laundry: In Utility Room, Washer / Dryer
  • Flooring: Hardwood
  • Additional Rooms: Basement - Unfinished, Laundry Room
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Rolled Composition
  • Yard/Grounds: Fenced
  • Construction Type: Stucco

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Detached Garage

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public, Sewer in Street

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

  • Parcel Number: 124-19-060
  • Lot Acres: 0.1291
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5625.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5625.00
  • Soil: Adobe

Multi Family

  • Utilities: Individual Gas Meters, Natural Gas, 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: Frank S. Greene Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 4, 2020
Sold by
Kshirsagar Rohun and Kshirsagar Anil
Bought by
Kshirsagar Rohun and Kshirsagar Diana
Current Estimated Value
$3,963,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Outstanding Balance
$103,290
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$3,860,545

Purchase Details

Listed on
Mar 28, 2019
Closed on
May 7, 2019
Sold by
Kshirsagar Bharti
Bought by
Kshirsagar Anil
Seller's Agent
Leannah Hunt
Christie's International Real Estate Sereno
Buyer's Agent
Denise Simons
Compass
List Price
$2,850,000
Sold Price
$2,800,000
Premium/Discount to List
-$50,000
-1.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.67%
Original Mortgage
$900,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 28, 2019
Closed on
Apr 17, 2019
Sold by
Livi Northway Constance Spenst and Livi Constance Spenst Northway
Bought by
Kshirsagar Rohun and Kshirsagar Anil
Seller's Agent
Leannah Hunt
Christie's International Real Estate Sereno
Buyer's Agent
Denise Simons
Compass
List Price
$2,850,000
Sold Price
$2,800,000
Premium/Discount to List
-$50,000
-1.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 2002
Sold by
Northway Constance S
Bought by
Northway Constance Spenst

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,500
Interest Rate
6.52%

Purchase Details

Closed on
Jan 19, 1998
Sold by
Northway Constance S
Bought by
Northway Constance Spenst
Source: Public Records

Range of Values:

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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
Kshirsagar Rohun -- Commonwealth Land Title Co
Kshirsagar Anil -- Chicago Title Company
Kshirsagar Rohun $2,800,000 Chicago Title Company
Northway Constance Spenst -- Old Republic Title Company
Northway Constance Spenst -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kshirsagar Rohun $120,000
Closed Kshirsagar Rohun $120,000
Open Kshirsagar Rohun $765,500
Previous Owner Kshirsagar Anil $900,000
Previous Owner Northway Constance Spenst $250,000
Previous Owner Northway Constance S $132,500
Previous Owner Northway Constance S $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2019 05/09/19 Sold $2,800,000 -1.8% $1,934 / Sq Ft
04/14/2019 04/14/19 Pending -- -- --
03/28/2019 03/28/19 For Sale $2,850,000 -- $1,968 / 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 $38,057 $3,224,264 $3,067,675 $156,589
2024 $38,057 $3,161,044 $3,007,525 $153,519
2023 $37,514 $3,099,063 $2,948,554 $150,509
2022 $36,752 $3,005,048 $2,890,740 $114,308
2021 $35,308 $2,885,587 $2,834,059 $51,528
2020 $34,576 $2,856,000 $2,805,000 $51,000
2019 $1,850 $83,626 $41,813 $41,813
2018 $1,819 $81,988 $40,994 $40,994
2017 $1,784 $80,382 $40,191 $40,191
2016 $1,730 $78,806 $39,403 $39,403
2015 $1,704 $77,624 $38,812 $38,812
2014 $1,570 $76,104 $38,052 $38,052
Source: Public Records

Agents Affiliated with this Home

  • Leannah Hunt

    Seller's Agent in 2019

    Leannah Hunt

    Sereno Group

    (650) 475-2030

    4 in this area

    16 Total Sales

    Leannah Hunt
    Section Image
  • Denise Simons

    Buyer's Agent in 2019

    Denise Simons

    Compass

    (650) 269-0210

    1 in this area

    39 Total Sales

    Denise Simons
    Section Image
  • Umang Sanchorawala

    Buyer Co-Listing Agent in 2019

    Umang Sanchorawala

    Compass

    (650) 960-5363

    5 in this area

    52 Total Sales

    Umang Sanchorawala
    Section Image
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Map

Source: MLSListings

MLS Number: ML81744451

MLSListings

APN: 124-19-060

California Santa Clara County Palo Alto 94301 Old Palo Alto

142 Santa Rita Ave, Palo Alto, CA

This home is located at 142 Santa Rita Ave, Palo Alto, CA 94301 since 28 March 2019 and is currently estimated at $3,963,835, approximately $2,737 per square foot. This property was built in 1931. 142 Santa Rita Ave 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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