NOT LISTED FOR SALE

Palo Alto, CA 94301

Crescent Park Neighborhood

Estimated Value: $6,998,000 - $11,078,340

4 Beds
2.5 Baths
3,178 Sq Ft
$2,602/Sq Ft Est. Value

Last Sold April 18, 2014

Last sale price $4,100,000 $1,290 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $49,869/month

Highlights

  • Wood Flooring
  • Den
  • 2 Car Detached Garage
  • Duveneck Elementary School Rated A+
  • Formal Dining Room
  • Fireplace

About This Home

As of October 2015

Prime Crescent Park location! Rustic Contemporary design w/cathedral ceilings, skylights, convenient floor plan designed with views to the large secluded backyard w/mature landscaping & new lawn. Spacious master bedroom has adjoining office. Large formal dining room. Close to Lucie Stern Community Center, Palo Alto Art Center and Main Library. Excellent Palo Alto Schools!

Last Agent to Rent the Property

Morgan Lashley

Morgan Lashley Distinctive Properties License #01340271 Listed on: 09/13/2015

Last Renter's Agent

Jennifer Buenrostro

Compass License #01733750

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $58,882

Year Built

  • 1975

Lot Details

  • 8,581 Sq Ft Lot
  • Back Yard

Parking

  • 2 Car Detached Garage
  • On-Street Parking
  • Uncovered Parking

Interior Spaces

  • 3,178 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Separate Family Room
  • Formal Dining Room
  • Den
  • Washer and Dryer

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Additional Features

  • Barbecue Area
  • Forced Air Heating System

Listing and Financial Details

  • Security Deposit $16,000
  • Property Available on 9/27/15
  • 12-Month Minimum Lease Term

Home Details

Home Type

Single Family

Est. Annual Taxes

$58,882

Year Built

1975

Lot Details

0

Parking

2

Rental Info

  • Available: 09/27/2015
  • Lease Terms: Deposit Required
  • Minimum Lease Months: 12
  • Security Deposit: 16000

Listing Details

  • Subclass: House For Rent
  • Age: 40
  • Listing Class: Residential Lease/Rental
  • Structure Sq Ft: 3178
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1975

Interior Features

  • Family Room: Separate Family Room
  • Dining Room: Formal Dining Room
  • Fireplace: Yes
  • Living Sq Ft: 3178
  • Stories: 2
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Hardwood, Tile
  • Additional Rooms: Office Area
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Yard/Grounds: Back Yard, Bbq Area

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Detached Garage, On Street, Uncovered Parking

Utilities

  • Heating System: Central Forced Air - Gas

Schools

  • School District: Palo Alto Unified
  • Elementary School: Duveneck Elementary
  • Middle School: David Starr Jordan Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 311
  • Middle School: 329

Lot Info

  • Lot Acres: 0.1970
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8595.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8595.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 2, 2024
Sold by
Jain-Saxena Revocable Trust and Jain Ravi
Bought by
Emerald Marbles Llc
Current Estimated Value
$8,267,835

Purchase Details

Listed on
Feb 18, 2014
Closed on
Mar 29, 2014
Sold by
White Rebecca O
Bought by
Jain Saxena Revocable Trust and Saxena Meera
Seller's Agent
Dante Drummond
Compass
Buyer's Agent
Derk T. Brill
Compass
List Price
$3,995,000
Sold Price
$4,100,000
Premium/Discount to List
$105,000
2.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.36%
Original Mortgage
$3,000,000
Interest Rate
4.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 19, 2007
Sold by
Olson Norman D
Bought by
Olson Norman D

Purchase Details

Closed on
May 23, 2006
Sold by
Buchser Investment Co Inc
Bought by
Buchser Sandra M

Purchase Details

Closed on
Jan 25, 1994
Sold by
Olson Norman D
Bought by
Macken Olson Elizabeth E
Source: Public Records

Range of Values:

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Average Value
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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
Emerald Marbles Llc $10,750,000 Lawyers Title Company
Jain Saxena Revocable Trust $4,099,750 Chicago Title Company
Olson Norman D -- None Available
Olson Norman D -- None Available
Buchser Sandra M -- None Available
Macken Olson Elizabeth E -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jain Ravi $2,200,000
Previous Owner Jain Saxena Revocable Trust $3,000,000
Previous Owner Olson Norman D $417,000
Previous Owner Olson Norman D $424,000
Previous Owner Olson Norman D $283,200
Previous Owner Olson Norman D $455,000
Previous Owner Olson Norman D $150,000
Previous Owner Olson Norman D $400,000
Previous Owner Olson Norman P $415,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2015 10/09/15 Rented $8,000 0.0% --
09/27/2015 09/27/15 Price Changed $8,000 -20.0% $3 / Sq Ft
09/13/2015 09/13/15 For Rent $10,000 0.0% --
04/18/2014 04/18/14 Sold $4,100,000 +2.6% $1,290 / Sq Ft
03/05/2014 03/05/14 Pending -- -- --
02/18/2014 02/18/14 For Sale $3,995,000 -- $1,257 / 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 $58,882 $8,313,000 $6,273,000 $2,040,000
2024 $58,882 $4,927,480 $4,596,982 $330,498
2023 $58,021 $4,830,864 $4,506,846 $324,018
2022 $57,360 $4,736,142 $4,418,477 $317,665
2021 $56,232 $4,643,278 $4,331,841 $311,437
2020 $55,054 $4,595,668 $4,287,424 $308,244
2019 $54,453 $4,505,557 $4,203,357 $302,200
2018 $52,938 $4,417,214 $4,120,939 $296,275
2017 $52,011 $4,330,603 $4,040,137 $290,466
2016 $50,655 $4,245,690 $3,960,919 $284,771
2015 $50,088 $4,181,917 $3,901,423 $280,494
2014 $27,339 $2,247,301 $1,718,550 $528,751
Source: Public Records

Agents Affiliated with this Home

  • Morgan Lashley

    Landlord's Agent in 2015

    Morgan Lashley

    Morgan Lashley Distinctive Properties

    (650) 387-5224

    1 in this area

    28 Total Sales

    Morgan Lashley
    Section Image
  • Jennifer Buenrostro

    Tenant's Agent in 2015

    Jennifer Buenrostro

    Compass

    (650) 224-9539

    4 in this area

    57 Total Sales

    Jennifer Buenrostro
    Section Image

  • D

    Seller's Agent in 2014

    Dante Drummond

    Compass

    Section Image
  • Derk T. Brill

    Buyer's Agent in 2014

    Derk T. Brill

    Compass

    (650) 543-1117

    2 in this area

    34 Total Sales

    Derk T. Brill
    Section Image
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Source: MLSListings

MLS Number: ML81514381

MLSListings

APN: 003-11-069

California Santa Clara County Palo Alto 94301

Crescent Park

This home since 13 September 2015 and is currently priced at $8,267,835. This property was built in 1975. This home is a home located in Santa Clara County with nearby schools including Duveneck Elementary School, Frank S. Greene Jr. Middle, and Palo Alto High School.

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