NOT LISTED FOR SALE

Estimated Value: $6,562,000 - $8,914,218

5 Beds
4.5 Baths
3,585 Sq Ft
$2,268/Sq Ft Est. Value

Last Sold January 31, 2020

Last sale price $6,850,000 $1,911 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $51,781/month

48 Days on Market

Highlights

  • Private Pool
  • Primary Bedroom Suite
  • Wood Flooring
  • Duveneck Elementary School Rated A+
  • Recreation Room
  • Main Floor Bedroom

About This Home

As of January 2020

The grand curb appeal details the elegant craftsmanship and architectural charm of this beautiful estate. Upon entering this 5-bedroom, 4.5-bathroom home, you will be greeted by the grand staircase and oversized Gothic windows. The large formal living room and adjoining sunroom look out onto the glistening pool and redwood grove. The master suite features vaulted ceilings, a large walk-in closet, with an oversized balcony that looks down onto the tranquil backyard. The basement level features an oversized entertainment room perfect for a screening room or recreation room. Located on one of the most coveted streets in Palo Alto, this home is in the great Palo Alto school district and conveniently close to the excitement of Downtown Palo Alto.

Last Agent to Sell the Property

Jenn Gilson

Golden Gate Sotheby's International Realty License #70010127 Listed on: 11/06/2019

Golden Gate Sotheby's International Realty

Last Buyer's Agent

Jenn Gilson

Golden Gate Sotheby's International Realty License #70010127 Listed on: 11/06/2019

Golden Gate Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $87,267

Year Built

  • 1936

Lot Details

  • 10,855 Sq Ft Lot
  • Level Lot

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Electric Gate
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Raised Foundation
  • Shake Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,585 Sq Ft Home
  • 2-Story Property
  • Formal Entry
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Recreation Room
  • Finished Basement

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Built-In Oven
  • Gas Oven
  • Range Hood
  • Warming Drawer
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bathroom on Main Level
  • Dual Sinks
  • Jetted Tub in Primary Bathroom
  • Walk-in Shower

Laundry

  • Laundry on upper level
  • Laundry Tub

Additional Features

  • Private Pool
  • Forced Air Heating System

Home Details

Home Type

Single Family

Est. Annual Taxes

$87,267

Year Built

1936

Lot Details

0

Parking

1

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Age: 83
  • Listing Class: Residential
  • Structure Sq Ft: 3585
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1936

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Living Room
  • Dining Room: Breakfast Nook, Formal Dining Room
  • Kitchen: Dishwasher, Hood Over Range, Island With Sink, Microwave, Oven - Built-In, Oven Range - Gas, Refrigerator, Warming Drawer
  • Fireplace: Yes
  • Living Sq Ft: 3585
  • Stories: 2
  • Bedrooms: Ground Floor Bedroom, Primary Suite / Retreat, Walk-In Closet
  • Laundry: Tub / Sink, Upper Floor
  • Flooring: Carpet, Hardwood
  • Additional Rooms: Basement - Finished, Den / Study / Office, Formal Entry, Office Area, Recreation Room, Storage
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Bathroom: Double Sinks, Full On Ground Floor, Half On Ground Floor, Primary - Stall Shower(s), Primary - Tub With Jets

Exterior Features

  • Foundation: Concrete Perimeter, Raised
  • Pool Description: Yes
  • Roof: Shake
  • Pool: Pool - Cover, Pool - In Ground, Pool / Spa Combo, Spa - Cover, Spa - In Ground, Spa - Jetted, Spa / Hot Tub

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Detached Garage, Electric Gate, Gate / Door Opener, Off-Street Parking, On Street

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Walk-In Closet

Schools

  • School District: Palo Alto Unified

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.2492
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10854.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 10854.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2019
Closed on
Jan 29, 2020
Sold by
Tian Ming
Bought by
Murong Xinyao
Seller's Agent
Jenn Gilson
Golden Gate Sotheby's International Realty
Buyer's Agent
Jenn Gilson
Golden Gate Sotheby's International Realty
List Price
$6,950,000
Sold Price
$6,850,000
Premium/Discount to List
-$100,000
-1.44%
Current Estimated Value
$8,129,305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,279,305
Avg. Annual Appreciation
3.38%

Purchase Details

Listed on
Nov 6, 2019
Closed on
Jan 28, 2020
Sold by
Tolles Stephen Leroy and Tseng Family Trust
Bought by
Murong Xinyao
Seller's Agent
Jenn Gilson
Golden Gate Sotheby's International Realty
Buyer's Agent
Jenn Gilson
Golden Gate Sotheby's International Realty
List Price
$6,950,000
Sold Price
$6,850,000
Premium/Discount to List
-$100,000
-1.44%

Purchase Details

Closed on
Feb 26, 2013
Sold by
Tolles Stephen Leroy
Bought by
Tolles Stephen Leroy

Purchase Details

Closed on
Aug 7, 2008
Sold by
Tseng Cynthia Tolles
Bought by
Tseng Cynthia Tolles

Purchase Details

Closed on
May 6, 2003
Sold by
Tseng Alexander and Tseng Cynthia Tolles
Bought by
Tseng Alexander and Tseng Cynthia Tolles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,730,000
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 22, 2003
Sold by
Tseng Alexander and Tseng Cynthia Tolles
Bought by
Tseng Alexander and Tseng Cynthia Tolles

Purchase Details

Closed on
May 5, 1997
Sold by
Mason Willrich
Bought by
Tseng Alexander and Tseng Cynthia Tolles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,330,000
Interest Rate
7.91%
Mortgage Type
Unknown
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
Murong Xinyao -- First American Title Company
Murong Xinyao $6,850,000 First American Title Company
Tolles Stephen Leroy -- None Available
Tseng Cynthia Tolles -- None Available
Tseng Alexander -- Fidelity National Title Co
Tseng Alexander -- Fidelity National Title Ins
Tseng Alexander -- --
Tseng Alexander -- First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murong Xinyao $3,500,000
Previous Owner Tseng Alexander $1,730,000
Previous Owner Tseng Alexander $1,800,000
Previous Owner Tseng Alexander $500,000
Previous Owner Tseng Alexander $1,330,000
Previous Owner Tseng Alexander $1,330,000
Previous Owner Tseng Alexander $95,000
Previous Owner Tseng Alexander $1,425,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2020 01/31/20 Sold $6,850,000 -1.4% $1,911 / Sq Ft
12/25/2019 12/25/19 Pending -- -- --
11/06/2019 11/06/19 For Sale $6,950,000 -- $1,939 / 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 $87,267 $7,344,582 $6,004,330 $1,340,252
2023 $85,992 $7,200,572 $5,886,599 $1,313,973
2022 $85,017 $7,059,385 $5,771,176 $1,288,209
2021 $83,346 $6,920,966 $5,658,016 $1,262,950
2020 $34,688 $2,865,538 $1,489,243 $1,376,295
2019 $34,307 $2,809,352 $1,460,043 $1,349,309
2018 $33,361 $2,754,267 $1,431,415 $1,322,852
2017 $32,776 $2,700,263 $1,403,349 $1,296,914
2016 $31,919 $2,647,318 $1,375,833 $1,271,485
2015 $31,611 $2,607,554 $1,355,167 $1,252,387
2014 $30,996 $2,556,477 $1,328,622 $1,227,855
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81774762

MLSListings

APN: 003-23-014