$5,700,000
SOLD JUL 14, 2022
5 Beds
4 Baths
2,458 Sq Ft
7,610 Sq Ft Lot

Recently Sold

$2,319 Per Sq Ft

4% Above List Price

6 Days on Market

Highlights

  • Granite Countertops
  • Breakfast Area or Nook
  • 1 Car Detached Garage
  • Duveneck Elementary School Rated A+
  • Formal Dining Room
  • Skylights

About This Home

As of July 2022

The cream of the crop in Crescent Park is now on the market! This incredible five bedroom four bathroom open and airy home was completely renovated in 2008 in a timeless style that is perfect for todays buyers! Gleaming hardwood floors, an abundance of skylights, along with a fantastic floor plan, offers space for In-laws visiting family or even an au pair...the options are endless! Located on a 7,600 square-foot lot with detached garage, separate office & additional storage. Plenty of off-street parking plus a private gate protects a long driveway leading to a private and tranquil sanctuary, also known as your backyard. Perfectly placed on one of Palo Alto's most iconic tree-lined streets within walking distance to downtown and all things Palo Alto.

Last Agent to Sell the Property

Alex Lehr

Guide Real Estate License #00867442 Listed on: 04/21/2022

Guide Real Estate

Last Buyer's Agent

RECIP

Out of Area Office License #00000000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $69,293

Year Built

  • 1935

Lot Details

  • 7,610 Sq Ft Lot
  • Sprinklers on Timer
  • Back Yard

Parking

  • 1 Car Detached Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,458 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Gas Fireplace
  • Separate Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Washer and Dryer

Kitchen

  • Breakfast Area or Nook
  • Gas Oven
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$69,293

Year Built

1935

Lot Details

0

Parking

1

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Age: 87
  • Listing Class: Residential
  • Structure Sq Ft: 2458
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1935

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Burning, Living Room
  • Dining Room: Breakfast Nook, Formal Dining Room
  • Kitchen: Countertop - Granite, Dishwasher, Garbage Disposal, Hood Over Range, Island With Sink, Microwave, Oven - Gas, Oven Range - Gas
  • Fireplace: Yes
  • Living Sq Ft: 2458
  • Stories: 1
  • Laundry: Washer / Dryer
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 4
  • Total Bedrooms: 5

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Yard/Grounds: Back Yard, Sprinklers - Auto

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Detached Garage

Utilities

  • Cooling System: Central Ac
  • Heating System: Forced Air, Gas
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Skylight

Schools

  • School District: Palo Alto Unified

Lot Info

  • Lot Acres: 0.1747
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7609.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7609.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2022
Closed on
Jun 10, 2022
Sold by
Cai Wei and Wei Ping
Bought by
Velo Hill Llc
Seller's Agent
Alex Lehr
Guide Real Estate
Buyer's Agent
RECIP
Out of Area Office
List Price
$5,500,000
Sold Price
$5,700,000
Premium/Discount to List
$200,000
3.64%
Current Estimated Value
$6,240,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$540,700
Avg. Annual Appreciation
2.95%

Purchase Details

Listed on
Dec 4, 2013
Closed on
Dec 23, 2013
Sold by
Termuehlen Eric and Roberts Laura W
Bought by
Cai Wei and Wei Ping
Seller's Agent
Chris Iverson
Golden Gate Sotheby's International Realty
Buyer's Agent
Cindy Ma
Coldwell Banker Realty
List Price
$3,500,000
Sold Price
$3,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.89%
Original Mortgage
$200,000
Interest Rate
4.17%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 17, 2012
Sold by
Roberts Laura W
Bought by
Roberts Laura W and Termuehlen Eric

Purchase Details

Closed on
Jun 22, 2010
Sold by
Mo Brian and Wu Carol
Bought by
Roberts Laura W and Termuehlen Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,750
Interest Rate
4.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 2007
Sold by
Peterson Margaret Temple
Bought by
Mo Brian and Wu Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,370,000
Interest Rate
6%
Mortgage Type
Unknown
Source: Public Records

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Range of Values:

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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 $5,700,000 Lawyers Title
Grant Deed $3,500,000 Old Republic Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed -- First American Title Company
Grant Deed -- First American Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $200,000 Credit Line Revolving
Previous Owner $500,000 Unknown
Previous Owner $1,420,000 New Conventional
Previous Owner $1,475,000 New Conventional
Previous Owner $729,750 New Conventional
Previous Owner $600,000 Negative Amortization
Previous Owner $150,000 Negative Amortization
Previous Owner $100,000 Negative Amortization
Previous Owner $425,000 Stand Alone Second
Previous Owner $1,380,000 VA
Previous Owner $1,370,000 Unknown
Previous Owner $1,484,800 Purchase Money Mortgage
Previous Owner $300,000 Credit Line Revolving
Previous Owner $500,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2022 07/14/22 Sold $5,700,000 +3.6% $2,319 / Sq Ft
04/28/2022 04/28/22 Pending -- -- --
04/21/2022 04/21/22 For Sale $5,500,000 0.0% $2,238 / Sq Ft
06/16/2020 06/16/20 Rented $9,750 0.0% --
06/16/2020 06/16/20 Under Contract -- -- --
06/11/2020 06/11/20 Price Changed $9,750 -2.5% $4 / Sq Ft
06/03/2020 06/03/20 For Rent $10,000 0.0% --
01/08/2014 01/08/14 Sold $3,500,000 0.0% $1,416 / Sq Ft
12/14/2013 12/14/13 Pending -- -- --
12/04/2013 12/04/13 For Sale $3,500,000 -- $1,416 / 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 $69,293 $5,930,280 $4,889,880 $1,040,400
2024 $69,293 $5,814,000 $4,794,000 $1,020,000
2023 $68,280 $5,700,000 $4,700,000 $1,000,000
2022 $49,109 $4,043,049 $3,696,504 $346,545
2021 $48,143 $3,963,774 $3,624,024 $339,750
2020 $47,137 $3,923,132 $3,586,865 $336,267
2019 $46,622 $3,846,209 $3,516,535 $329,674
2018 $45,328 $3,770,794 $3,447,584 $323,210
2017 $44,534 $3,696,858 $3,379,985 $316,873
2016 $43,372 $3,624,371 $3,313,711 $310,660
2015 $42,956 $3,569,930 $3,263,936 $305,994
2014 $32,899 $2,717,320 $2,090,246 $627,074
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81887959

MLSListings

APN: 003-23-012