NOT LISTED FOR SALE

1520 Portola Ave Palo Alto, CA 94306

Old Palo Alto Neighborhood

Estimated Value: $4,306,324 - $5,492,000

4 Beds
3 Baths
2,421 Sq Ft
$2,001/Sq Ft Est. Value

Last Sold June 16, 2015

Last sale price $3,350,000 $1,384 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $30,919/month

8 Days on Market

Highlights

  • Contemporary Architecture
  • Vaulted Ceiling
  • Marble Countertops
  • Walter Hays Elementary Rated A+
  • Wood Flooring
  • Hydromassage or Jetted Bathtub

About This Home

As of June 2015

Elegant living in an excellent location. 4 bed, 3 bath home of 2,421 sq. ft. on 5,227 sq. ft. lot. Effectively rebuilt in 1995; 1st floor completely remodeled & a second floor addition was completed. Hardwood floors, gorgeous molding, dual-pane windows. Stately living room & formal dining. Updated kitchen offers Caesarstone countertops, bar seating & stainless-steel appliances, plus breakfast bay w/ banquette. Alluring master suite with his, her closets. Detached garage w/ bonus room. Steps from Stanford.

Last Agent to Sell the Property

Michael Repka

Deleon Realty License #70010006 Listed on: 05/06/2015

Last Buyer's Agent

Michael Repka

Deleon Realty License #70010006 Listed on: 05/06/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $47,290

Year Built

  • Built in 1946

Lot Details

  • 5,271 Sq Ft Lot
  • Gated Home
  • Wood Fence
  • Level Lot
  • Sprinklers on Timer
  • Back Yard Fenced
  • Zoning described as R1

Parking

  • 1 Car Detached Garage
  • Tandem Parking

Home Design

  • Contemporary Architecture
  • Post and Beam
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,421 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Formal Dining Room
  • Bonus Room
  • Crawl Space
  • Alarm System
  • Washer and Dryer

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Built-In Self-Cleaning Oven
  • Electric Oven
  • Gas Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Marble Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms
  • Stone Countertops In Bathroom
  • Dual Sinks
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • 220 Volts
  • Individual Gas Meter
  • Sewer Connection Less Than 500 Feet Away
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 124-24-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$47,290

Year Built

Built in 1946

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Contemporary
  • Age: 69
  • Listing Class: Residential
  • Structure Sq Ft: 2421
  • Year Built: 1946
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Wood Burning
  • Dining Room: Breakfast Bar, Breakfast Nook, Formal Dining Room
  • Kitchen: 220 Volt Outlet, Cooktop - Gas, Countertop - Marble, Dishwasher, Garbage Disposal, Ice Maker, Microwave, Oven - Built-In, Oven - Electric, Oven - Self Cleaning, Refrigerator
  • Living Sq Ft: 2421
  • Stories: 2
  • Security: Security Alarm
  • Laundry: Hookup - Electric, Gas Hookup, Washer / Dryer
  • Flooring: Hardwood, Tile
  • Additional Rooms: Bonus / Hobby Room
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Shower and Tub, Stall Shower, Stone, Tile, Tub with Jets
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space, Post and Beam, Sealed Crawlspace
  • Roof: Composition
  • Yard/Grounds: Back Yard, Balcony / Patio, Sprinklers - Auto, Sprinklers - Lawn
  • Fencing: Fenced Back, Gate, Mixed Height / Type, Partial Fencing, Wood
  • Construction Type: Wood, Wood Frame

Garage/Parking

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

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer Connected, Sewer Connections - LESS than 500 feet away

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Vaulted Ceiling

Schools

  • School District: Palo Alto Unified
  • Elementary School: Walter Hays Elementary
  • Middle School: David Starr Jordan Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 315
  • Middle School: 329

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 124-24-012
  • Lot Acres: 0.1210
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5227.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5227.00
  • Soil: Unknown

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Walter Hays Elementary
  • High School Text: Palo Alto High
  • Middle School Text: David Starr Jordan Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2015
Closed on
May 29, 2015
Sold by
Levy Daniel A and Levy Esther A
Bought by
Ho Daniel and Trice Laura
Seller's Agent
Michael Repka
Deleon Realty
Buyer's Agent
Michael Repka
Deleon Realty
List Price
$2,988,000
Sold Price
$3,350,000
Premium/Discount to List
$362,000
12.12%
Current Estimated Value
$4,927,261

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,577,261
Avg. Annual Appreciation
3.87%
Original Mortgage
$700,000
Outstanding Balance
$547,762
Interest Rate
3.64%
Mortgage Type
Unknown
Estimated Equity
$4,381,199

Purchase Details

Closed on
Jan 28, 2013
Sold by
Godley Jason and Godley Katherine
Bought by
Levy Daniel A and Levy Esther A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
2.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 11, 2011
Sold by
Rosenberg Frank and Salaverry Beatrice
Bought by
Godley Jason and Godley Katherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,540,000
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 1996
Sold by
Steephen Mae
Bought by
Rosenberg Frank and Salaverry Beatrice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,000
Interest Rate
7.67%

Purchase Details

Closed on
Sep 6, 1994
Sold by
Ferrari Thomas Louis
Bought by
Rosenberg Frank and Salaverry Beatrice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
3.95%
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
Ho Daniel $3,350,000 Chicago Title Company
Levy Daniel A $2,301,000 Old Republic Title Company
Godley Jason $1,925,000 Fidelity National Title Co
Rosenberg Frank -- North American Title Co
Rosenberg Frank $355,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ho Daniel $700,000
Closed Ho Daniel $417,000
Previous Owner Levy Daniel A $1,100,000
Previous Owner Godley Jason $1,540,000
Previous Owner Godley Jason $1,540,000
Previous Owner Rosenberg Frank $395,000
Previous Owner Rosenberg Frank $750,000
Previous Owner Rosenberg Frank $455,000
Previous Owner Rosenberg Frank $460,000
Previous Owner Fosenberg Frank $495,000
Previous Owner Rosenberg Frank $211,000
Previous Owner Rosenberg Frank $284,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2015 06/16/15 Sold $3,350,000 +12.1% $1,384 / Sq Ft
05/14/2015 05/14/15 Pending -- -- --
05/06/2015 05/06/15 For Sale $2,988,000 -- $1,234 / 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 $47,290 $4,026,191 $3,004,623 $1,021,568
2024 $47,290 $3,947,247 $2,945,709 $1,001,538
2023 $46,595 $3,869,850 $2,887,950 $981,900
2022 $46,061 $3,793,972 $2,831,324 $962,648
2021 $45,153 $3,719,581 $2,775,808 $943,773
2020 $44,210 $3,681,442 $2,747,346 $934,096
2019 $43,725 $3,609,258 $2,693,477 $915,781
2018 $42,511 $3,538,489 $2,640,664 $897,825
2017 $41,765 $3,469,108 $2,588,887 $880,221
2016 $40,673 $3,401,087 $2,538,125 $862,962
2015 $28,582 $2,357,627 $2,121,865 $235,762
2014 -- $2,311,445 $2,080,301 $231,144
Source: Public Records

Agents Affiliated with this Home

  • Michael Repka

    Seller's Agent in 2015

    Michael Repka

    Deleon Realty

    (650) 488-7325

    47 in this area

    780 Total Sales

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Map

Source: MLSListings

MLS Number: ML81463711

MLSListings

APN: 124-24-012

California Santa Clara County Palo Alto 94306 Old Palo Alto

1520 Portola Ave, Palo Alto, CA

This home is located at 1520 Portola Ave, Palo Alto, CA 94306 since 06 May 2015 and is currently estimated at $4,845,581, approximately $2,001 per square foot. This property was built in 1946. 1520 Portola Ave is a home located in Santa Clara County with nearby schools including Walter Hays Elementary, Frank S. Greene Jr. Middle, and Palo Alto High School.

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