NOT LISTED FOR SALE

Estimated Value: $5,880,000 - $7,565,811

5 Beds
5 Baths
3,412 Sq Ft
$2,032/Sq Ft Est. Value

Last Sold May 01, 2018

Last sale price $5,060,000 $1,483 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $43,313/month

5 Days on Market

Highlights

  • Home Theater
  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom
  • Walter Hays Elementary Rated A+
  • Skyline View
  • Radiant Floor

About This Home

As of May 2018

Unrivaled craftsmanship in Old Palo Alto. Hand coved ceilings, exquisite finishes, hdwd floors and custom windows adorn the perfect floorplan of 4 beds upstairs, a guest suite on the main level, and 5 full baths. This beautiful, green point certified home was completed in 2012 and is surrounded by enchanting lush gardens. This location is central to everything in Palo Alto. Truly a private retreat in the heart of Silicon Valley!

Last Agent to Sell the Property

Jennifer Buenrostro

Compass License #01733750 Listed on: 04/11/2018

Compass

Co-Listed By

Nancy Mott

Compass License #01028928

Last Buyer's Agent

Lan Bowling

Keller Williams Palo Alto License #01248958

Keller Williams Palo Alto

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $67,303

Year Built

  • Built in 2012

Lot Details

  • 7,000 Sq Ft Lot
  • Gated Home
  • Property is Fully Fenced
  • Wood Fence
  • Sprinklers on Timer
  • Drought Tolerant Landscaping
  • Grass Covered Lot
  • Back Yard
  • Zoning described as R1

Parking

  • 1 Car Detached Garage
  • Secured Garage or Parking
  • Guest Parking

Property Views

  • Skyline
  • Garden
  • Neighborhood

Home Design

  • French Architecture
  • Reinforced Concrete Foundation
  • Ceiling Insulation
  • Composition Roof
  • Concrete Perimeter Foundation
  • Quake Bracing
  • Stucco

Interior Spaces

  • 3,412 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Entertainment System
  • High Ceiling
  • Whole House Fan
  • Skylights
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Formal Entry
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Theater
  • Utility Room
  • Finished Basement
  • Crawl Space
  • Attic Fan

Kitchen

  • Open to Family Room
  • Built-In Self-Cleaning Oven
  • Gas Oven
  • Range Hood
  • Freezer
  • Ice Maker
  • Dishwasher
  • Marble Countertops
  • Disposal

Flooring

  • Wood
  • Radiant Floor
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bathroom on Main Level
  • 5 Full Bathrooms
  • Dual Sinks
  • Low Flow Toliet
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower
  • Low Flow Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer and Dryer

Home Security

  • Monitored
  • Fire Sprinkler System

Outdoor Features

  • Balcony
  • Barbecue Area

Utilities

  • Vented Exhaust Fan
  • Thermostat
  • Cable TV Available

Community Details

  • Courtyard

Listing and Financial Details

  • Assessor Parcel Number 124-01-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$67,303

Year Built

Built in 2012

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: French
  • Property Condition: Built / Remodeled Green
  • Age: 6
  • Listing Class: Residential
  • Structure Sq Ft: 3412
  • Year Built: 2012
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo, Separate Family Room
  • Fireplace: Family Room, Gas Starter, Living Room, Primary Bedroom
  • Dining Room: Formal Dining Room
  • Kitchen: Countertop - Marble, Dishwasher, Exhaust Fan, Freezer, Garbage Disposal, Hood Over Range, Ice Maker, Oven - Gas, Oven - Self Cleaning, Oven Range - Built-In, Refrigerator
  • Living Sq Ft: 3412
  • Stories: 2
  • Security: Fire System - Sprinkler, Secured Garage / Parking, Security Alarm, Video / Audio System
  • Bedrooms: Ground Floor Bedroom, Primary Suite / Retreat, Walk-in Closet
  • Laundry: In Utility Room, Upper Floor, Washer / Dryer
  • Flooring: Hardwood, Tile
  • Additional Rooms: Basement - Finished, Formal Entry, Laundry Room, Media / Home Theater, Storage, Utility Room
  • Fireplaces Min: 3
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Bathroom: Double Sinks, Full on Ground Floor, Primary - Stall Shower(s), Shower and Tub, Skylight, Stall Shower, Stall Shower - 2+, Tile, Tub in Primary Bedroom, Tubs - 2+
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab, Crawl Space, Quake Bracing, Reinforced Concrete
  • Roof: Composition
  • View: Garden / Greenbelt, Neighborhood
  • Yard/Grounds: Back Yard, Balcony / Patio, BBQ Area, Courtyard, Drought Tolerant Plants, Fenced, Low Maintenance, Sprinklers - Auto
  • Fencing: Complete Perimeter, Fenced, Gate, Wood
  • Construction Type: Stucco

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 4
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Common Parking Area, Detached Garage, Guest / Visitor Parking

Utilities

  • Cooling System: Whole House / Attic Fan
  • Heating System: Radiant Floors
  • Sewer/Septic System: Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Skylight, Video / Audio System, Walk-in Closet, Wet Bar

Schools

  • School District: Palo Alto Unified

Lot Info

  • Lot Description: Regular
  • Parcel Number: 124-01-003
  • Lot Acres: 0.1607
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7000.00
  • Soil: Adobe

Green Features

  • Energy Features: Attic Fan, Ceiling Insulation, Double Pane Windows, Low Flow Shower, Low Flow Toilet, Skylight, Thermostat Controller, Whole House Fan

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2018
Closed on
Apr 27, 2018
Sold by
Sharp Robert Douglas and Koren Branisalava
Bought by
1499 Cowper Street Llc
Seller's Agent
Jennifer Buenrostro
Compass
Buyer's Agent
Lan Bowling
Keller Williams Palo Alto
List Price
$4,898,000
Sold Price
$5,060,000
Premium/Discount to List
$162,000
3.31%
Current Estimated Value
$6,933,203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,873,203
Avg. Annual Appreciation
4.39%

Purchase Details

Closed on
Nov 2, 2010
Sold by
Yeates Steven C and Yeates Marcia E
Bought by
Sharp Robert Douglas and Koren Branislava

Purchase Details

Closed on
Feb 5, 1997
Sold by
Yeates Steven C and Yeates Marcia E
Bought by
Yeates Steven C and Yeates Marcia E

Purchase Details

Closed on
Jan 27, 1997
Sold by
Yeates Elinor H
Bought by
Yeates Steven C and Yeates Marcia C

Purchase Details

Closed on
Dec 23, 1996
Sold by
Yeates Elinor H
Bought by
Yeates Steven C and Yeates Marcia C
Source: Public Records

Range of Values:

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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
1499 Cowper Street Llc $5,060,000 Chicago Title Co
Sharp Robert Douglas $1,200,000 Cornerstone Title Company
Yeates Steven C -- --
Yeates Steven C -- --
Yeates Elinor H -- --
Yeates Steven C -- --
Yeates Elinor H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yeates Steven C $47,000
Previous Owner Yeates Steven C $95,000
Previous Owner Yeates Steven C $85,000
Previous Owner Yeates Steven C $75,000
Previous Owner Yeates Steven C $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2018 05/01/18 Sold $5,060,000 +3.3% $1,483 / Sq Ft
04/17/2018 04/17/18 Pending -- -- --
04/11/2018 04/11/18 For Sale $4,898,000 0.0% $1,436 / Sq Ft
11/11/2015 11/11/15 Rented $15,000 0.0% --
10/29/2015 10/29/15 Price Changed $15,000 -6.3% $4 / Sq Ft
10/20/2015 10/20/15 For Rent $16,000 -5.9% --
07/13/2015 07/13/15 Rented $17,000 0.0% --
07/13/2015 07/13/15 For Rent $17,000 0.0% --
08/18/2014 08/18/14 Rented $17,000 -5.6% --
08/15/2014 08/15/14 Under Contract -- -- --
08/10/2014 08/10/14 For Rent $18,000 -- --
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 $67,303 $5,757,412 $4,551,316 $1,206,096
2024 $67,303 $5,644,523 $4,462,075 $1,182,448
2023 $66,319 $5,533,847 $4,374,584 $1,159,263
2022 $65,564 $5,425,341 $4,288,808 $1,136,533
2021 $64,275 $5,318,963 $4,204,714 $1,114,249
2020 $62,927 $5,264,424 $4,161,600 $1,102,824
2019 $62,240 $5,161,200 $4,080,000 $1,081,200
2018 $33,201 $2,740,735 $1,182,282 $1,558,453
2017 $32,619 $2,686,996 $1,159,100 $1,527,896
2016 $31,767 $2,634,311 $1,136,373 $1,497,938
2015 $31,460 $2,594,742 $1,119,304 $1,475,438
2014 $30,848 $2,543,916 $1,097,379 $1,446,537
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81700191

MLSListings

APN: 124-01-003