NOT LISTED FOR SALE

Estimated Value: $4,414,000 - $5,239,000

4 Beds
3 Baths
2,419 Sq Ft
$2,008/Sq Ft Est. Value

Last Sold September 18, 2024

Last sale price $4,875,000 $2,015 Per Sq Ft

Current estimated payment $27,662/month

14 Days on Market

Highlights

  • Wood Flooring
  • Stone Countertops
  • Den
  • Duveneck Elementary School Rated A+
  • No HOA
  • 2 Car Detached Garage

About This Home

As of September 2024

This highly livable, with rare 10,000 SF, flat, almost square quiet lot, 1-level single family home with great location in one of the best neighborhoods in Palo Alto - Crescent Park, is what you've been waiting for. There are 11 homes on this quiet cul-de-sac, all with large lots around 10K SF or more. What's also remarkable about this home is that the lot has enormous frontage, around 100 feet wide, which makes it possible to rebuild a truly grand looking house with great curb appeal. There's no through traffic. The magnificent redwood tree is located at the far corner of the lot, well within the setback zone between the house and the street, maximizing the buildable area. The existing 2,419 SF, 4 bed 3 bath house has a great floorplan, with large bedrooms, granite counters, solid hardwood flooring, new interior paint, giving you time to live in the house and get a permit to build a dream house! Or you can rent it out first and get additional rent from the back unit that has its own entrance and kitchen. Great schools: Duveneck, Frank Green, Palo Alto High (buyers to verify enrollment). Close to Stanford, PA downtown, top companies ie Meta Facebook, Google, easy access to 101. Great asset to hold and pass down for generations!

Last Agent to Sell the Property

Charles Liu

Compass License #01467514 Listed on: 08/22/2024

Last Buyer's Agent

Nella Hattori

License #01273624

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,029

Year Built

  • Built in 1948

Lot Details

  • 10,000 Sq Ft Lot
  • Cul-De-Sac
  • Rectangular Lot
  • Back and Front Yard

Parking

  • 2 Car Detached Garage

Home Design

  • Shingle Roof

Interior Spaces

  • 1-Story Property
  • Wood Burning Fireplace
  • Den
  • Wood Flooring
  • Washer and Dryer Hookup

Kitchen

  • Electric Cooktop
  • Free-Standing Range
  • Dishwasher
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Forced Air Heating System
  • 220 Volts in Kitchen

Community Details

  • No Home Owners Association
  • Bay East Association
  • Crescent Pk.Wood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00328019

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,029

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Stories: 1
  • Year Built: 1948
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.23
  • Subdivision Name: CRESCENT PK.WOOD
  • Directions: Channing to Newell to Arcadia
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One Story
  • New Construction: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Flooring: Hardwood
  • Appliances: Dishwasher, Electric Range, Disposal, Free-Standing Range, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Den, In-Law Floorplan, Stone Counters
  • Room Kitchen Features: 220 Volt Outlet, Counter - Stone, Dishwasher, Electric Range/Cooktop, Garbage Disposal, Range/Oven Free Standing, Refrigerator

Exterior Features

  • Roof: Shingle
  • Lot Features: Cul-De-Sac, Level, Premium Lot, Regular, Front Yard
  • Pool Features: None
  • Pool Private: No
  • Exterior Features: Back Yard, Front Yard
  • Property Condition: Existing

Garage/Parking

  • Garage Spaces: 2
  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Parking Features: Detached

Utilities

  • Heating: Forced Air
  • Utilities: All Public Utilities, Natural Gas Connected, Individual Electric Meter, Individual Gas Meter
  • Cooling: No Air Conditioning
  • Laundry Features: Hookups Only, Laundry Room
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: No Solar, 220 Volts in Kitchen
  • Electricity On Property: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: BAY EAST
  • Association: No

Lot Info

  • Lot Size Sq Ft: 10000
  • Parcel Number: 00328019
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2024
Closed on
Nov 5, 2024
Sold by
Dou Mingson and Dou Mingsong
Bought by
Dou Mingsong and Song Bingjie
Seller's Agent
Charles Liu
Compass
Buyer's Agent
Nella Hattori
List Price
$4,567,888
Sold Price
$4,875,000
Premium/Discount to List
$307,112
6.72%
Views
23
Current Estimated Value
$4,874,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$372
Avg. Annual Appreciation
-0.35%
Original Mortgage
$3,000,000
Interest Rate
4.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 22, 2024
Closed on
Sep 13, 2024
Sold by
Hwang Family Trust and Hwang Wen-Fang
Bought by
Dou Mingson and Song Bingjie
Seller's Agent
Charles Liu
Compass
Buyer's Agent
Nella Hattori
List Price
$4,567,888
Sold Price
$4,875,000
Premium/Discount to List
$307,112
6.72%
Views
23

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
4.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 2007
Sold by
Hwang Wen Jang and Jeng Bee Fen
Bought by
Hwang Wen Jang and Jeng Bee Fen

Purchase Details

Closed on
Jun 2, 2003
Sold by
Cooper Allen and Cooper Kristina S
Bought by
Hwang Wen Jang and Jeng Bee Fen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 30, 1998
Sold by
Cooper Allen and Cooper Kristina S
Bought by
Cooper Allen and Cooper Kristina S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
7.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 25, 1997
Sold by
Speer Kristina
Bought by
Speer Kristina and Cooper Allen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.58%

Purchase Details

Closed on
Dec 6, 1996
Sold by
Lewis Kristina S
Bought by
Speer Kristina
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Dou Mingsong -- Old Republic Title
Dou Mingson $4,875,000 Old Republic Title
Hwang Wen Jang -- None Available
Hwang Wen Jang -- Chicago Title
Cooper Allen -- --
Cooper Allen -- --
Speer Kristina -- Commonwealth Land Title
Speer Kristina -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dou Mingson $3,000,000
Previous Owner Hwang Wen Jang $980,000
Previous Owner Hwang Wen Jang $250,000
Previous Owner Hwang Wen Jang $800,000
Previous Owner Hwang Wen Jang $848,000
Previous Owner Hwang Wen Jang $850,000
Previous Owner Hwang Wen Jang $850,000
Previous Owner Cooper Allen $600,000
Previous Owner Cooper Allen $600,000
Previous Owner Speer Kristina $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $4,875,000 -- --
09/18/2024 09/18/24 Sold $4,875,000 +6.7% $2,015 / Sq Ft
08/29/2024 08/29/24 Pending -- -- --
08/15/2024 08/15/24 For Sale $4,567,888 -- $1,888 / Sq Ft
Source: Bay East Association of REALTORS®

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 $23,029 $4,875,000 $4,500,000 $375,000
2024 $23,029 $1,874,299 $1,419,930 $454,369
2023 $22,689 $1,837,549 $1,392,089 $445,460
2022 $22,424 $1,801,520 $1,364,794 $436,726
2021 $21,983 $1,766,197 $1,338,034 $428,163
2020 $21,534 $1,748,088 $1,324,315 $423,773
2019 $21,295 $1,713,813 $1,298,349 $415,464
2018 $20,716 $1,680,210 $1,272,892 $407,318
2017 $20,352 $1,647,266 $1,247,934 $399,332
2016 $19,818 $1,614,967 $1,223,465 $391,502
2015 $19,623 $1,590,710 $1,205,088 $385,622
2014 $19,202 $1,559,551 $1,181,482 $378,069
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay East Association of REALTORS®

MLS Number: 41069978

Bay East Association of REALTORS®

APN: 003-28-019