$5,600,000
SOLD NOV 22, 2024
4 Beds
4.5 Baths
2,441 Sq Ft
7,200 Sq Ft Lot

Recently Sold

$2,294 Per Sq Ft

6% Below List Price

72 Days on Market

Highlights

  • Private Pool
  • Fireplace in Primary Bedroom
  • Wood Flooring
  • Duveneck Elementary School Rated A+
  • Soaking Tub in Primary Bathroom
  • Wine Refrigerator

About This Home

As of November 2024

Discover unparalleled elegance in this remarkable home in Crescent Park. Every detail exudes sophistication, from its striking exterior with clean architectural lines to a well-appointed floorplan that marries luxury and functionality. Expansive formal rooms, a cozy fireplace, convenient study, and a chef's kitchen equipped with top-tier appliances define a floorplan thoughtfully designed for contemporary living. The beautifully landscaped backyard provides a peaceful oasis to enjoy an indoor/outdoor lifestyle, boasting a pool, fireplace, and a 1-bedroom pool house perfect for overnight guests. Everything Palo Alto has to offer is within easy reach - from beautiful parks and vibrant University Avenue to Stanford University, Stanford Shopping Center, and convenient commute options, the best of the city is just minutes away. Plus, children may attend highly regarded schools such as Duveneck Elementary, Greene Middle, and Palo Alto High (buyer to verify eligibility).

Last Agent to Sell the Property

Michael Repka

Deleon Realty License #70010006 Listed on: 07/10/2024

Last Buyer's Agent

Kenneth Hong

Legacy Real Estate & Associates License #01754609

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $48,216

Year Built

  • Built in 1931

Lot Details

  • 7,200 Sq Ft Lot
  • Wood Fence
  • Back Yard
  • Zoning described as R1

Home Design

  • Shingle Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 2,441 Sq Ft Home
  • 2-Story Property
  • Separate Family Room
  • Living Room with Fireplace
  • 4 Fireplaces
  • Formal Dining Room
  • Wood Flooring
  • Neighborhood Views
  • Finished Basement

Kitchen

  • Built-In Oven
  • Gas Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • Bidet
  • Dual Sinks
  • Soaking Tub in Primary Bathroom
  • Oversized Bathtub in Primary Bathroom
  • Walk-in Shower

Parking

  • 2 Car Detached Garage
  • Electric Vehicle Home Charger
  • Electric Gate
  • On-Street Parking

Pool

  • Private Pool
  • Spa
  • Pool Cover
  • Pool Sweep

Outdoor Features

  • Outdoor Fireplace
  • Outdoor Kitchen
  • Barbecue Area

Utilities

  • Forced Air Heating and Cooling System
  • Wood Insert Heater
  • Vented Exhaust Fan
  • Separate Meters
  • 220 Volts
  • Individual Gas Meter
  • Sewer Connection Less Than 500 Feet Away

Listing and Financial Details

  • Assessor Parcel Number 003-23-040

Home Details

Home Type

Single Family

Est. Annual Taxes

$48,216

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Age: 93
  • Listing Class: Residential
  • Structure Sq Ft: 2441
  • Year Built: 1931
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Insert, Living Room, Outside, Primary Bedroom
  • Dining Room: Formal Dining Room
  • Kitchen: 220 Volt Outlet, Cooktop - Gas, Dishwasher, Exhaust Fan, Garbage Disposal, Ice Maker, Island, Microwave, Oven - Built-In, Refrigerator, Wine Refrigerator
  • Living Sq Ft: 2441
  • Stories: 2
  • Bedrooms: Walk-in Closet
  • Flooring: Hardwood
  • Additional Rooms: Basement - Finished
  • Fireplaces Min: 4
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Bidet, Double Sinks, Full on Ground Floor, Primary - Oversized Tub, Stall Shower
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Pool - Cover, Pool - Sweep, Spa - Jetted
  • Roof: Shingle
  • View: Neighborhood
  • Yard/Grounds: Back Yard, BBQ Area, Fenced, Outdoor Kitchen
  • Pool: Yes
  • Fencing: Wood
  • Construction Type: Stucco, Wood

Garage/Parking

  • Parking Spaces: 2
  • Garage Parking Features: Detached Garage, Electric Car Hookup, Electric Gate, On Street

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer Connections - LESS than 500 feet away

Schools

  • School District: Palo Alto Unified
  • Elementary School: Duveneck Elementary
  • Middle School: Frank S. Greene Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 311
  • Middle School: 329

Lot Info

  • Lot Description: Regular
  • Parcel Number: 003-23-040
  • Lot Acres: 0.1653
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7200.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7200.00

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Duveneck Elementary
  • High School Text: Palo Alto High
  • Middle School Text: Frank S. Greene Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2024
Closed on
Oct 9, 2024
Sold by
Wong Maloney Trust and Maloney Paul
Bought by
Song Brian and Song Sangim
Seller's Agent
Michael Repka
Deleon Realty
Buyer's Agent
Kenneth Hong
Legacy Real Estate & Associates
List Price
$5,988,000
Sold Price
$5,600,000
Premium/Discount to List
-$388,000
-6.48%
Total Days on Market
72
Views
156
Current Estimated Value
$5,769,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,519
Avg. Annual Appreciation
5.68%
Original Mortgage
$2,320,000
Outstanding Balance
$2,304,555
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$3,464,964

Purchase Details

Closed on
Aug 23, 2013
Sold by
Maloney Paul and Wong Michele M
Bought by
Maloney Paul and Wong Michelle M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,345,000
Interest Rate
4.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 2013
Sold by
Vertin Thomas M and Vertin Marion G
Bought by
Maloney Paul and Wong Michele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,345,000
Interest Rate
4.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 2011
Sold by
Vertin Thomas M and Vertin Marion G
Bought by
Vertin Thomas M and Vertin Marion G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,803,750
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2007
Sold by
Vertin Thomas M and Vertin Marion G
Bought by
Vertin Thomas M and Vertin Marion G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$904,500
Interest Rate
6.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2004
Sold by
Vertin Thomas M and Vertin Marion G
Bought by
Vertin Thomas M and Vertin Marion G

Purchase Details

Closed on
May 20, 2003
Sold by
Klein Barbara
Bought by
Vertin Thomas M and Vertin Marion G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 20, 2002
Sold by
Klein Barbara S
Bought by
Klein Barbara
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $5,600,000 First American Title
Grant Deed $5,600,000 First American Title
Interfamily Deed Transfer -- None Available
Grant Deed -- Chicago Title Company
Interfamily Deed Transfer -- Chicago Title Company
Interfamily Deed Transfer -- Chicago Title Company
Interfamily Deed Transfer -- --
Grant Deed $1,375,000 Old Republic Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,320,000 New Conventional
Closed $2,320,000 New Conventional
Previous Owner $1,900,000 Adjustable Rate Mortgage/ARM
Previous Owner $970,800 New Conventional
Previous Owner $2,345,000 New Conventional
Previous Owner $1,860,000 New Conventional
Previous Owner $1,803,750 New Conventional
Previous Owner $1,500,000 Stand Alone First
Previous Owner $800,000 Credit Line Revolving
Previous Owner $904,500 New Conventional
Previous Owner $250,000 Credit Line Revolving
Previous Owner $1,000,000 Purchase Money Mortgage
Closed $100,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2024 11/22/24 Sold $5,600,000 -6.5% $2,294 / Sq Ft
09/20/2024 09/20/24 Pending -- -- --
07/10/2024 07/10/24 For Sale $5,988,000 -- $2,453 / 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
2024 $48,216 $4,026,111 $3,184,836 $841,275
2023 $47,508 $3,947,169 $3,122,389 $824,780
2022 $46,963 $3,869,774 $3,061,166 $808,608
2021 $46,038 $3,793,897 $3,001,144 $792,753
2020 $45,076 $3,754,996 $2,970,371 $784,625
2019 $44,581 $3,681,370 $2,912,129 $769,241
2018 $43,343 $3,609,187 $2,855,029 $754,158
2017 $42,583 $3,538,420 $2,799,049 $739,371
2016 $41,470 $3,469,040 $2,744,166 $724,874
2015 $41,070 $3,416,933 $2,702,947 $713,986
2014 $40,384 $3,350,000 $2,650,000 $700,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81971698

MLSListings

APN: 003-23-040