NOT LISTED FOR SALE

Estimated Value: $5,296,002 - $6,858,000

4 Beds
3 Baths
3,074 Sq Ft
$1,973/Sq Ft Est. Value

Last Sold December 14, 2012

Last sale price $2,900,000 $943 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $36,292/month

18 Days on Market

Highlights

  • Wine Cellar
  • Primary Bedroom Suite
  • Wood Flooring
  • Duveneck Elementary School Rated A+
  • Family Room with Fireplace
  • Attic

About This Home

As of December 2012

Beautiful 4-bedroom, 3-bath home in Crescent Park with updated finishes. Large living room and family room, each with a wood-burning fireplace, and a granite-finish kitchen with views of the backyard. Spacious upstairs master suite with ample closet space and lovely en suite bath. Landscaped backyard features two patios and mature trees. Excellent Palo Alto schools (buyer to verify enrollment).

Last Agent to Sell the Property

Ken Deleon

Deleon Realty License #01342140 Listed on: 09/27/2012

Last Buyer's Agent

Carol Casas

Intero Real Estate Services License #01123855

Intero Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $42,051

Year Built

  • Built in 1937

Lot Details

  • Fenced
  • Level Lot
  • Zoning described as R1

Parking

  • 2 Car Garage

Home Design

  • Shake Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,074 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Bay Window
  • Formal Entry
  • Wine Cellar
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Laundry in Garage
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Built-In Oven
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • 3 Full Bathrooms

Utilities

  • Heating System Uses Gas
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 003-23-055

Home Details

Home Type

Single Family

Est. Annual Taxes

$42,051

Year Built

Built in 1937

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 75
  • Sale Price Per Sq Ft: 943.40
  • Listing Class: Residential
  • Structure Sq Ft: 3074
  • Barclay Horizontal: 10
  • Barclays Page: 02
  • Incorporated: Yes
  • Map Book Page: 791
  • Map Book Page Secondary: 02
  • Map Side Coordinate: 4
  • Map Side Coordinate Secondary: 85
  • Map Top Coordinate: B
  • Map Top Coordinate Secondary: 10
  • Thomas Bros Page: 791
  • Thomas Brothers: B4
  • Year Built: 1937
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Living Room, Wood Burning, Yes
  • Dining Room: Formal Dining Room, Dining Area in Family Room, Breakfast Nook, Breakfast Bar
  • Kitchen: Dishwasher, Cooktop, Refrigerator, Ovens - 2+, Oven - Built-In
  • Living Sq Ft: 3074
  • Stories: 2
  • Bedrooms: Primary Suite / Retreat
  • Laundry: In Garage, 220 Volt Outlet
  • Flooring: Tile, Carpet - Wall to Wall, Hardwood
  • Additional Rooms: Formal Entry, Basement - Full, Attic, Wine Cellar / Storage
  • Maximum Bathrooms: 3
  • Maximum Numberof Bedrooms: 4
  • Minimum Bathrooms: 3
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bedrooms: 4

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Pool - No
  • Roof: Shake
  • View: Local/Neighborhood
  • Yard/Grounds: Patio(s), Sprinkler(s) - Front, Sprinkler(s) - Rear, Fenced
  • Exterior: Stucco

Garage/Parking

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

Utilities

  • Heating System: Gas
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Bay Window

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 - Level
  • Parcel Number: 003-23-055
  • List Price per Sq Ft: 975.28
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7745.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 7745.00
  • Lot Size Area Min Search: 7745.00
  • Maximum Lot Size: 7745.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Green Features

  • Energy Features: Ceiling Fan(s)

Multi Family

  • Maximum Building Height: 2
  • Minimum Building Height: 2

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

Closed on
Jul 11, 2016
Sold by
Young David Sherman and Young Rebecca Jones
Bought by
Young David Sherman and Young Rebecca Jones
Current Estimated Value
$6,064,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,324,000
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Sep 27, 2012
Closed on
Nov 6, 2012
Sold by
Koch Jack E and Koch Retta S
Bought by
Young David S and Young Rebecca J
Seller's Agent
Ken Deleon
Deleon Realty
Buyer's Agent
Carol Casas
Intero Real Estate Services
List Price
$2,998,000
Sold Price
$2,900,000
Premium/Discount to List
-$98,000
-3.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.97%
Original Mortgage
$2,320,000
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 1997
Sold by
Koch Jack E and Koch Retta S
Bought by
Koch Jack E and Koch Retta S
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
Young David Sherman -- Chicago Title Company
Young David S $2,900,000 Chicago Title Company
Koch Jack E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young David Sherman $2,000,000
Closed Young David Sherman $2,324,000
Closed Young David S $2,320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2012 12/14/12 Sold $2,900,000 -3.3% $943 / Sq Ft
10/15/2012 10/15/12 Pending -- -- --
09/27/2012 09/27/12 For Sale $2,998,000 -- $975 / 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 $42,051 $3,571,135 $3,324,853 $246,282
2024 $42,051 $3,501,113 $3,259,660 $241,453
2023 $41,433 $3,432,465 $3,195,746 $236,719
2022 $40,956 $3,365,163 $3,133,085 $232,078
2021 $40,149 $3,299,180 $3,071,652 $227,528
2020 $39,312 $3,265,351 $3,040,156 $225,195
2019 $38,880 $3,201,326 $2,980,546 $220,780
2018 $37,802 $3,138,555 $2,922,104 $216,451
2017 $37,139 $3,077,015 $2,864,808 $212,207
2016 $36,167 $3,016,683 $2,808,636 $208,047
2015 $35,818 $2,971,370 $2,766,448 $204,922
2014 $35,134 $2,913,166 $2,712,258 $200,908
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81235559

MLSListings

APN: 003-23-055