NOT LISTED FOR SALE

1463 Pitman Ave Palo Alto, CA 94301

Crescent Park Neighborhood

Estimated Value: $4,894,243 - $5,298,000

4 Beds
3 Baths
2,126 Sq Ft
$2,412/Sq Ft Est. Value

Last Sold February 26, 2015

Last sale price $3,100,000 $1,458 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $32,473/month

19 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • Balcony
  • Duveneck Elementary School Rated A+
  • Breakfast Area or Nook
  • Bathtub with Shower

About This Home

As of February 2015

Location+Charm+Opportunity. Two story, 4 bedroom, 3 bathroom Cape Cod style family home. Original owner. Eat in kitchen. Spacious living room with fireplace. Separate family room leads to nice yard with patio. Hardwood floors. Second level has bedroom and bathroom and extra attic storage. First level has three bedrooms and two bathrooms. Two car attached garage. Top sought after location in Crescent Park near Duveneck Elementary, Rinconada Park, and walk to downtown

Last Agent to Sell the Property

Harold Davis

Davis & Company Realtors License #00982613 Listed on: 01/12/2015

Last Buyer's Agent

Grace Wu

Compass License #00886757

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $43,830

Year Built

  • Built in 1957

Lot Details

  • 7,231 Sq Ft Lot
  • Sprinklers on Timer
  • Mostly Level
  • Back Yard Fenced
  • Zoning described as R1

Parking

  • 2 Car Garage
  • Secured Garage or Parking

Home Design

  • Cape Cod Architecture
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,126 Sq Ft Home
  • Wood Burning Fireplace
  • Family or Dining Combination

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Electric Cooktop
  • Range Hood
  • Dishwasher
  • Formica Countertops
  • Disposal

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Outdoor Features

  • Balcony
  • Shed

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Gas Meter
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 003-23-091

Home Details

Home Type

Single Family

Est. Annual Taxes

$43,830

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Cape Cod
  • Age: 57
  • Listing Class: Residential
  • Structure Sq Ft: 2126
  • Incorporated: Yes
  • Year Built: 1957
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Burning
  • Dining Room: Breakfast Nook, Dining Area in Family Room, Eat in Kitchen, No Formal Dining Room
  • Kitchen: Cooktop - Electric, Countertop - Formica, Dishwasher, Garbage Disposal, Hood Over Range, Oven - Built-In, Refrigerator
  • Living Sq Ft: 2126
  • Security: Secured Garage / Parking
  • Laundry: Dryer, Tub / Sink, Washer
  • Flooring: Hardwood, Tile, Vinyl / Linoleum
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Bathroom: Shower and Tub, Stall Shower, Tile
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter, Post and Pier
  • Roof: Shingle
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced, Sprinklers - Auto, Sprinklers - Lawn, Storage Shed / Structure
  • Fencing: Fenced, Fenced Back
  • Construction Type: Wood Frame

Garage/Parking

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

Utilities

  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer Connected

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 Description: Grade - Mostly Level
  • Parcel Number: 003-23-091
  • Lot Acres: 0.1660
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7215.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 2.00

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Duveneck Elementary
  • High School Text: Palo Alto High
  • Middle School Text: David Starr Jordan Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2015
Closed on
Feb 9, 2015
Sold by
Bates Paul Stephen
Bought by
Li Wenqing Ivy
Seller's Agent
Harold Davis
Davis & Company Realtors
Buyer's Agent
Grace Wu
Compass
List Price
$3,295,000
Sold Price
$3,100,000
Premium/Discount to List
-$195,000
-5.92%
Current Estimated Value
$5,263,807

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,163,807
Avg. Annual Appreciation
5.09%

Purchase Details

Listed on
Jan 12, 2015
Closed on
Feb 7, 2015
Sold by
Huang Changdian
Bought by
Li Wenqing Ivy
Seller's Agent
Harold Davis
Davis & Company Realtors
Buyer's Agent
Grace Wu
Compass
List Price
$3,295,000
Sold Price
$3,100,000
Premium/Discount to List
-$195,000
-5.92%

Purchase Details

Closed on
Feb 13, 2009
Sold by
Bates Paul Stephen
Bought by
Bates Paul Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,500
Interest Rate
4.91%
Mortgage Type
Seller Take Back
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
Li Wenqing Ivy $3,100,000 Old Republic Title Company
Li Wenqing Ivy -- Old Republic Title Company
Bates Paul Stephen $55,500 None Available
Bates Paul Stephen -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bates Paul Stephen $55,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2015 02/26/15 Sold $3,100,000 -5.9% $1,458 / Sq Ft
01/31/2015 01/31/15 Pending -- -- --
01/12/2015 01/12/15 For Sale $3,295,000 -- $1,550 / 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 $43,830 $3,652,673 $3,644,431 $8,242
2023 $43,186 $3,581,053 $3,572,972 $8,081
2022 $42,690 $3,510,837 $3,502,914 $7,923
2021 $41,849 $3,441,998 $3,434,230 $7,768
2020 $40,976 $3,406,706 $3,399,017 $7,689
2019 $40,526 $3,339,909 $3,332,370 $7,539
2018 $39,402 $3,274,422 $3,267,030 $7,392
2017 $38,710 $3,210,219 $3,202,971 $7,248
2016 $37,698 $3,147,274 $3,140,168 $7,106
2015 $2,532 $140,869 $55,152 $85,717
2014 $2,304 $138,110 $54,072 $84,038
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2015

    Harold Davis

    Davis & Company Realtors

    (650) 941-8401

    1 Total Sale

    Section Image

  • G

    Buyer's Agent in 2015

    Grace Wu

    Compass

See All Agents

Map

Source: MLSListings

MLS Number: ML81445307

MLSListings

APN: 003-23-091

California Santa Clara County Palo Alto 94301 Crescent Park

1463 Pitman Ave, Palo Alto, CA

This home is located at 1463 Pitman Ave, Palo Alto, CA 94301 since 12 January 2015 and is currently estimated at $5,127,061, approximately $2,411 per square foot. This property was built in 1957. 1463 Pitman Ave 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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