NOT LISTED FOR SALE

15 Morton Way Palo Alto, CA 94303

Old Palo Alto Neighborhood

Estimated Value: $3,451,954 - $4,049,000

3 Beds
2 Baths
1,676 Sq Ft
$2,273/Sq Ft Est. Value

Last Sold May 28, 2019

Last sale price $2,950,000 $1,760 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $23,828/month

6 Days on Market

Highlights

  • Wood Flooring
  • Granite Countertops
  • Open to Family Room
  • Duveneck Elementary School Rated A+
  • 1 Car Detached Garage
  • Bathtub with Shower

About This Home

As of May 2019

Located on a quiet tree-lined street in North Palo Alto, this updated single story residence has been beautifully renovated. The inviting covered porch welcomes the visitor into the lovely home featuring 3 bedrooms plus an open Kitchen/ Family Room with access to the yard. Other highlights of this charming home include hardwood floors throughout the home, double paned Marvin windows, recessed lighting, and an upgraded kitchen and bathrooms. The garage features built in storage and a bonus converted studio with a third full bathroom (not included in Square Footage). It is the perfect space for a home office, au-pair quarters or children's play space. Prime location, outside the flood zone, central to top-rated schools, Palo Alto Community Center, Stanford University, and commuter routes to the greater Bay Area are all within easy reach.

Last Agent to Sell the Property

Leannah Hunt

Christie's International Real Estate Sereno License #70010715 Listed on: 04/25/2019

Christie's International Real Estate Sereno

Last Buyer's Agent

Michael Repka

Deleon Realty License #70010006

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $38,823

Year Built

  • Built in 1949

Lot Details

  • 6,007 Sq Ft Lot
  • Fenced
  • Zoning described as R1

Parking

  • 1 Car Detached Garage
  • Uncovered Parking

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,676 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Wood Flooring

Kitchen

  • Open to Family Room
  • Gas Oven
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Washer and Dryer

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts

Listing and Financial Details

  • Assessor Parcel Number 003-50-057

Home Details

Home Type

Single Family

Est. Annual Taxes

$38,823

Year Built

Built in 1949

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Age: 70
  • Listing Class: Residential
  • Structure Sq Ft: 1676
  • Year Built: 1949
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Living Room, Wood Burning
  • Dining Room: Dining Area
  • Kitchen: 220 Volt Outlet, Countertop - Granite, Dishwasher, Garbage Disposal, Microwave, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 1676
  • Stories: 1
  • Bedrooms: Primary Bedroom on Ground Floor, More than One Bedroom on Ground Floor
  • Laundry: Inside, Washer / Dryer
  • Flooring: Hardwood
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Full on Ground Floor, Primary - Stall Shower(s), Shower and Tub, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Fencing: Fenced

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Detached Garage, Uncovered Parking

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer Connected

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

  • Parcel Number: 003-50-057
  • Lot Acres: 0.1379
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6007.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6007.00

Multi Family

  • Utilities: Public Utilities
  • Second Unit Description: Bonus Studio

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Duveneck Elementary
  • High School Text: Palo Alto High
  • Middle School Text: Frank S. Greene Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2019
Closed on
May 15, 2019
Sold by
Bradley Andrew J and Bradley Stephanie F
Bought by
Oberai Ashwani and Oberai Naveena
Seller's Agent
Leannah Hunt
Christie's International Real Estate Sereno
Buyer's Agent
Michael Repka
Deleon Realty
List Price
$2,798,000
Sold Price
$2,950,000
Premium/Discount to List
$152,000
5.43%
Current Estimated Value
$3,808,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$858,989
Avg. Annual Appreciation
4.55%
Original Mortgage
$2,065,000
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 14, 2011
Sold by
Hoffman Bruce
Bought by
Bradley Andrew J and Bradley Stephanie F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,750
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2007
Sold by
Hoffman Carole
Bought by
Hoffman Carole
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
Oberai Ashwani $2,950,000 Chicago Title Company
Bradley Andrew J $1,284,750 Fidelity National Title Co
Hoffman Carole -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oberai Ashwani $1,700,000
Closed Oberai Ashwani $2,065,000
Previous Owner Bradley Andrew J $576,000
Previous Owner Bradley Andrew J $136,000
Previous Owner Bradley Andrew J $625,500
Previous Owner Bradley Andrew J $96,000
Previous Owner Bradley Andrew J $729,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2019 05/28/19 Sold $2,950,000 +5.4% $1,760 / Sq Ft
05/02/2019 05/02/19 Pending -- -- --
04/25/2019 04/25/19 For Sale $2,798,000 -- $1,669 / 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 $38,823 $3,290,776 $3,123,451 $167,325
2024 $38,823 $3,226,252 $3,062,207 $164,045
2023 $38,252 $3,162,993 $3,002,164 $160,829
2022 $37,811 $3,100,975 $2,943,299 $157,676
2021 $37,065 $3,040,173 $2,885,588 $154,585
2020 $36,295 $3,009,000 $2,856,000 $153,000
2019 $18,042 $1,446,884 $1,302,199 $144,685
2018 $17,553 $1,418,515 $1,276,666 $141,849
2017 $17,243 $1,390,702 $1,251,634 $139,068
2016 $16,788 $1,363,435 $1,227,093 $136,342
2015 $16,621 $1,342,956 $1,208,661 $134,295
2014 $16,246 $1,316,650 $1,184,985 $131,665
Source: Public Records

Agents Affiliated with this Home

  • Leannah Hunt

    Seller's Agent in 2019

    Leannah Hunt

    Sereno Group

    (650) 475-2030

    4 in this area

    16 Total Sales

    Leannah Hunt
    Section Image
  • Michael Repka

    Buyer's Agent in 2019

    Michael Repka

    Deleon Realty

    (650) 488-7325

    48 in this area

    777 Total Sales

    Michael Repka
    Section Image
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Map

Source: MLSListings

MLS Number: ML81748708

MLSListings

APN: 003-50-057

California Santa Clara County Palo Alto 94303 Old Palo Alto

15 Morton Way, Palo Alto, CA

This home is located at 15 Morton Way, Palo Alto, CA 94303 since 25 April 2019 and is currently estimated at $3,808,989, approximately $2,272 per square foot. This property was built in 1949. 15 Morton Way is a home located in Santa Clara County with nearby schools including Duveneck Elementary School, Frank S. Greene Jr. Middle, and Palo Alto High School.

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