NOT LISTED FOR SALE

Estimated Value: $6,117,000 - $8,975,792

6 Beds
4.5 Baths
4,977 Sq Ft
$1,565/Sq Ft Est. Value

Highlights

  • 0.55 Acre Lot
  • Atrium Room
  • Wine Refrigerator
  • Duveneck Elementary School Rated A+
  • Wood Flooring
  • Formal Dining Room

About This Home

As of March 2022

Expansive 1937 Crescent Park home on estate half-acre plus lot with 800+ bottle climate-controlled wine room. Downstairs Master Suite at back of home with fireplace, palatial master-bath, skylights, jetted tile tub, bidet, & cedar lined private sauna. Four additional bedrooms with upstairs mini-master suite that includes ensuite bath and cedar lined closets. The home also has a large Living Room, walls of glass, Sun-Room, Dining Room, Bar with small wine fridge for additional wine storage. Plus, the large eat-in kitchen has space for additional seating. New carpet and refinished flooring throughout the home. Landscape service will be included.

Last Agent to Rent the Property

Michael Pierce

Prodesse Property Group License #01190465 Listed on: 01/26/2022

Last Renter's Agent

Nomita Shahani

Compass License #00941564

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,169

Year Built

  • 1937

Lot Details

  • 0.55 Acre Lot
  • Back Yard

Parking

  • 2 Car Detached Garage
  • On-Street Parking

Interior Spaces

  • 4,977 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Fireplace
  • Separate Family Room
  • Formal Dining Room
  • Atrium Room
  • Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Cooktop
  • Dishwasher
  • Wine Refrigerator

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms

Outdoor Features

  • Balcony
  • Shed
  • Barbecue Area

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Security Deposit $10,000
  • Property Available on 2/9/22
  • Rent includes gardener
  • 6-Month Min and 34-Month Max Lease Term

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,169

Year Built

1937

Lot Details

0

Parking

2

Rental Info

  • Available: 02/09/2022
  • Maximum Lease Months: 34
  • Minimum Lease Months: 6
  • Rent Includes: Gardener
  • Security Deposit: 10000

Listing Details

  • Subclass: House For Rent
  • Age: 85
  • Listing Class: Residential Lease/Rental
  • Structure Sq Ft: 4977
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1937

Interior Features

  • Family Room: Separate Family Room
  • Dining Room: Eat In Kitchen, Formal Dining Room
  • Kitchen: Cooktop - Gas, Dishwasher, Oven - Gas, Refrigerator, Wine Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 4977
  • Stories: 2
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Hardwood, Tile
  • Additional Rooms: Atrium
  • Maximum Numberof Bedrooms: 6
  • Minimum Numberof Bedrooms: 6
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 6

Exterior Features

  • Yard/Grounds: Back Yard, Balcony / Patio, Bbq Area, Storage Shed / Structure

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 7
  • Garage Parking Features: Detached Garage, On Street, Parking Area

Utilities

  • Heating System: Central Forced Air - Gas

Schools

  • School District: Palo Alto Unified
  • Elementary School: Duveneck Elementary
  • Middle School: Frank S. Greene Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 311
  • Middle School: 329

Lot Info

  • Lot Acres: 0.5496
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 23941.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 23941.00

Green Features

  • Energy Features: Skylight

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 3, 2012
Sold by
Hsu Alec J
Bought by
Hsu Alec J
Current Estimated Value
$7,789,264

Purchase Details

Closed on
Feb 25, 2012
Sold by
Hsu Alec J
Bought by
Hsu Alec J

Purchase Details

Closed on
Jun 14, 2010
Sold by
Hsu John
Bought by
Hsu John
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
Hsu Alec J -- None Available
Hsu Alec J $2,240,000 None Available
Hsu John -- None Available
Hsu Alec J -- None Available
Hsu Alec J $910,000 None Available
Hsu John -- None Available
Hsu John -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Hsu Alec J $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2022 03/15/22 Rented $12,000 -11.1% --
03/08/2022 03/08/22 Under Contract -- -- --
02/09/2022 02/09/22 Price Changed $13,500 -10.0% $3 / Sq Ft
01/26/2022 01/26/22 For Rent $15,000 -- --
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 $9,169 $707,804 $220,596 $487,208
2024 $9,169 $693,926 $216,271 $477,655
2023 $9,031 $680,321 $212,031 $468,290
2022 $8,920 $666,982 $207,874 $459,108
2021 $8,660 $653,905 $203,799 $450,106
2020 $8,494 $647,201 $201,710 $445,491
2019 $8,394 $634,511 $197,755 $436,756
2018 $8,178 $622,071 $193,878 $428,193
2017 $8,032 $609,875 $190,077 $419,798
2016 $7,816 $597,917 $186,350 $411,567
2015 $7,733 $588,936 $183,551 $405,385
2014 $7,519 $577,401 $179,956 $397,445
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81875864

MLSListings

APN: 003-11-023