NOT LISTED FOR SALE

Estimated Value: $3,999,000 - $5,398,000

5 Beds
3 Baths
2,472 Sq Ft
$1,979/Sq Ft Est. Value

Last Sold August 29, 2022

Last sale price $3,960,000 $1,602 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $30,622/month

50 Days on Market

Highlights

  • Family Room with Fireplace
  • Wood Flooring
  • Neighborhood Views
  • Duveneck Elementary School Rated A+
  • Corian Countertops
  • Formal Dining Room

About This Home

As of August 2022

Welcome to 1491 Greenwood Ave a home that has been lovingly maintained by the same family for the last 50 years! This California rancher features large formal living room with fireplace, formal dining room, eat-in kitchen, separate family room with fireplace, huge primary suite, and refinished HW floors throughout. Indoor/outdoor living is enhanced by the enclosed sunroom with spa, large back & side yards, and raised planter beds with low maintenance drip system. This home is well laid out for entertaining with generous common areas which flow seamlessly to the spacious private back yard which make this home ideal for playing, entertaining, and relaxing. This home also boasts newer dual-pane windows, central A/C, attached 2-car garage, new lighting, fresh paint, and inside laundry. Don't miss your opportunity to own a home in this sought-after neighborhood close to libraries, parks, community center, pool, PA Junior Museum, Arts Center, & amazing Palo Alto schools (buyer to verify).

Last Agent to Sell the Property

Carol Borison

Compass License #01880666 Listed on: 06/09/2022

Compass

Co-Listed By

Loray Hawkins

Compass License #01224998

Last Buyer's Agent

Annie Watson

Coldwell Banker Realty License #01964881

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $47,564

Year Built

  • 1957

Lot Details

  • 9,679 Sq Ft Lot
  • Wood Fence
  • Sprinklers on Timer
  • Back Yard Fenced

Parking

  • 2 Car Garage
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Wood Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,472 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Neighborhood Views

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Corian Countertops

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Bidet
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Enclosed Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Pellet Stove burns compressed wood to generate heat
  • Vented Exhaust Fan
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$47,564

Year Built

1957

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Style: Ranch
  • Age: 65
  • Listing Class: Residential
  • Structure Sq Ft: 2472
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1957

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Living Room, Pellet Stove, Wood Burning
  • Dining Room: Eat In Kitchen, Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Solid Surface / Corian, Dishwasher, Exhaust Fan, Microwave, Oven - Built-In, Oven - Gas
  • Fireplace: Yes
  • Living Sq Ft: 2472
  • Stories: 1
  • Bedrooms: More Than One Bedroom On Ground Floor
  • Laundry: Dryer, Inside, Washer
  • Flooring: Hardwood, Tile, Vinyl / Linoleum
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Bathroom: Bidet, Full On Ground Floor, Stall Shower - 2+, Tub

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Wood Shakes / Shingles
  • View: Neighborhood
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced, Porch - Enclosed, Sprinklers - Auto, Sprinklers - Lawn
  • Fencing: Fenced Back, Wood
  • Pool: Spa - Above Ground, Spa - Cover

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Off-Street Parking, On Street

Utilities

  • Cooling System: Central Ac
  • Heating System: Forced Air, Gas
  • Sewer/Septic System: Sewer - Public

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: 0.2222
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9678.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9678.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2022
Closed on
Aug 19, 2022
Sold by
Fisher Joseph H
Bought by
Wei Jie and Zhang Jiabin
Seller's Agent
Carol Borison
Compass
Buyer's Agent
Annie Watson
Coldwell Banker Realty
List Price
$4,198,000
Sold Price
$3,960,000
Premium/Discount to List
-$238,000
-5.67%
Current Estimated Value
$4,892,607

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$932,607
Avg. Annual Appreciation
8.28%
Original Mortgage
$2,376,000
Outstanding Balance
$2,238,422
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$2,780,430

Purchase Details

Closed on
Jan 27, 2021
Sold by
Fisher Ruth M
Bought by
Fisher Joseph H and Fisher Matthew H

Purchase Details

Closed on
Jul 10, 2008
Sold by
Fisher Gerald M and Fisher Ruth M
Bought by
Fisher Gerald M and Fisher Ruth M
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
Wei Jie $3,960,000 Chicago Title
Fisher Joseph H -- None Available
Fisher Ruth M -- None Available
Fisher Gerald M -- None Available
Fisher Gerald M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wei Jie $2,376,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2022 08/29/22 Sold $3,960,000 -5.7% $1,602 / Sq Ft
07/29/2022 07/29/22 Pending -- -- --
06/09/2022 06/09/22 For Sale $4,198,000 -- $1,698 / 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 $47,564 $4,144,984 $3,953,520 $191,464
2024 $47,564 $4,039,200 $3,876,000 $163,200
2023 $43,921 $3,710,000 $3,560,100 $149,900
2022 $1,913 $150,200 $48,521 $101,679
2021 $1,791 $147,256 $47,570 $99,686
2020 $1,753 $145,747 $47,083 $98,664
2019 $1,734 $142,890 $46,160 $96,730
2018 $1,699 $140,089 $45,255 $94,834
2017 $1,668 $137,343 $44,368 $92,975
2016 $1,611 $134,651 $43,499 $91,152
2015 $1,611 $132,629 $42,846 $89,783
2014 $1,652 $130,032 $42,007 $88,025
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81895464

MLSListings

APN: 003-36-016