NOT LISTED FOR SALE

Estimated Value: $4,009,000 - $5,521,000

3 Beds
3.5 Baths
2,626 Sq Ft
$1,824/Sq Ft Est. Value

Last Sold August 20, 2021

Last sale price $3,880,000 $1,478 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $30,663/month

7 Days on Market

Highlights

  • Updated Kitchen
  • Cape Cod Architecture
  • 1 Fireplace
  • Duveneck Elementary School Rated A+
  • Engineered Wood Flooring
  • Stone Countertops

About This Home

As of August 2021

Classic Palo Alto Home! 4 Bedrooms, 3.5 Bathrooms with 2,626 of interior living space. Hardwood Floors, Dual Pane Casement WIndows, Bright Remodeled Kitchen with Eat-In Kitchen, Island, Coffee Bar, and High End Stainless Steel Appliances. Custom Built-In Cabinetry, Spacious Living Room with Cozy Fireplace, Separate Dining Room, Flexible Family Room or Bedroom Suite on Main Floor. Bonus Office Room with Custom Built-In Desk & Bookcases. Luxurious Master Suite with 2 Closets & Dressing Room, Sky-Lit Master Bath with Claw-Foot Tub. Peaceful Large Brick Patio Surrounded by Mature Landscaping. Relaxing Covered Front Porch. Charming Brick Walkway Showcasing Beautiful Greenery. Situated Between Midtown & Downtown Palo Alto with easy access to Stanford University and commute routes, in the Heart of Silicon Valley.

Last Agent to Sell the Property

Mike Carey

License #01055545 Listed on: 07/14/2021

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

  • $48,423

Year Built

  • Built in 1950

Lot Details

  • 6,000 Sq Ft Lot
  • Garden
  • Back and Front Yard

Parking

  • 2 Car Attached Garage

Home Design

  • Cape Cod Architecture
  • Bungalow
  • Slab Foundation
  • Shingle Roof
  • Wood Shingle Exterior
  • Composition Shingle

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • 1 Fireplace
  • Double Pane Windows
  • Home Office

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Double Oven
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Engineered Wood
  • Parquet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Bay East Association
  • Crescent Pk.Wood Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$48,423

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Stories: 2
  • Year Built: 1950
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.14
  • Subdivision Name: CRESCENT PK.WOOD
  • Directions: Embarcadero Rd to Walnut Drive
  • Architectural Style: Bungalow, Cape Cod
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two Story
  • New Construction: No
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Engineered Wood, Parquet, Tile
  • Appliances: Dishwasher, Double Oven, Disposal, Microwave, Free-Standing Range, Refrigerator
  • Other Equipment: None
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Office, Breakfast Bar, Breakfast Nook, Stone Counters, Eat-in Kitchen, Updated Kitchen, Wet Bar
  • Window Features: Double Pane Windows
  • Room Kitchen Features: Breakfast Bar, Breakfast Nook, Counter - Stone, Dishwasher, Double Oven, Eat In Kitchen, Garbage Disposal, Microwave, Range/Oven Free Standing, Refrigerator, Updated Kitchen, Wet Bar

Exterior Features

  • Roof: Shingle
  • Lot Features: Level
  • Pool Features: None
  • Pool Private: No
  • Construction Type: Composition Shingles, Wood Shingles
  • Exterior Features: Back Yard, Front Yard, Garden
  • Foundation Details: Slab
  • Property Condition: Existing

Garage/Parking

  • Garage Spaces: 2
  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Parking Features: Attached

Utilities

  • Heating: Forced Air
  • Cooling: Central Air
  • Laundry Features: Laundry Room
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: No Solar
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: BAY EAST
  • Association: No

Lot Info

  • Lot Size Sq Ft: 6000
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2021
Closed on
Aug 17, 2021
Sold by
1539 Walnut Llc
Bought by
Philbin James William Vaisey and Philbin Maria Elena
Seller's Agent
Mike Carey
Buyer's Agent
Lan Bowling
Keller Williams Palo Alto
List Price
$3,658,000
Sold Price
$3,880,000
Premium/Discount to List
$222,000
6.07%
Current Estimated Value
$4,863,581

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$983,581
Avg. Annual Appreciation
6.13%
Original Mortgage
$2,380,000
Outstanding Balance
$2,187,370
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$2,729,441

Purchase Details

Listed on
Jan 13, 2021
Closed on
Jan 25, 2021
Sold by
Wu James Chen Yuan and Wu Mei Ying
Bought by
1539 Walnut Llc
Seller's Agent
Julie Tsai Law
Compass
List Price
$3,899,000
Sold Price
$4,080,000
Premium/Discount to List
$181,000
4.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.73%

Purchase Details

Listed on
Jun 18, 2020
Closed on
Sep 4, 2020
Sold by
Bobrove Arthur M and Bobrove Helen A
Bought by
Wu James Chen Yuan and Wu Mei Ying
Seller's Agent
Brian Chancellor
Christie's International Real Estate Sereno
Buyer's Agent
James Yang
Christie's International Real Estate Sereno
List Price
$3,998,000
Sold Price
$3,775,000
Premium/Discount to List
-$223,000
-5.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.69%

Purchase Details

Closed on
Jan 25, 2016
Sold by
Bobrove Arthur M and Bobrove Helen A
Bought by
The Bobrove Family Revocable Trust Of De and Bobrove Helen A

Purchase Details

Closed on
Sep 27, 2012
Sold by
Bobrove Arthur M and Bobrove Helen A
Bought by
Bobrove Arthur M and Bobrove Helen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 1993
Sold by
Bobrove Arthur M and Bobrove Helen A
Bought by
Bobrove Arthur M and Bobrove Helen A
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
Philbin James William Vaisey $3,880,000 Wfg National Title Ins Co
1539 Walnut Llc $4,080,000 First American Title Company
Wu James Chen Yuan $3,775,000 Chicago Title Company
The Bobrove Family Revocable Trust Of De -- None Available
Bobrove Arthur M -- Fidelity National Title Co
Bobrove Arthur M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Philbin James William Vaisey $2,380,000
Previous Owner Bobrove Arthur M $227,950
Previous Owner Bobrove Arthur M $240,000
Previous Owner Bobrove Arthur M $281,000
Previous Owner Bobrove Arthur M $300,000
Previous Owner Bobrove Arthur M $306,000
Previous Owner Bobrove Arthur M $468,800
Previous Owner Bobrove Arthur M $386,000
Previous Owner Bobrove Arthur M $380,000
Previous Owner Bobrove Arthur M $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $3,880,000 -- --
08/20/2021 08/20/21 Sold $3,880,000 +6.1% $1,478 / Sq Ft
07/21/2021 07/21/21 Pending -- -- --
07/14/2021 07/14/21 For Sale $3,658,000 -10.3% $1,393 / Sq Ft
02/01/2021 02/01/21 Sold $4,080,000 +4.6% $1,554 / Sq Ft
01/20/2021 01/20/21 Pending -- -- --
01/13/2021 01/13/21 For Sale $3,899,000 +3.3% $1,485 / Sq Ft
09/17/2020 09/17/20 Sold $3,775,000 -0.6% $1,438 / Sq Ft
08/18/2020 08/18/20 Pending -- -- --
08/12/2020 08/12/20 Price Changed $3,798,000 -5.0% $1,446 / Sq Ft
06/18/2020 06/18/20 For Sale $3,998,000 -- $1,522 / Sq Ft
Source: Bay East Association of REALTORS®

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
2024 $48,423 $4,036,752 $3,641,400 $395,352
2023 $46,089 $3,820,000 $3,445,800 $374,200
2022 $47,168 $3,880,000 $3,500,000 $380,000
2021 $45,060 $3,775,000 $3,500,000 $275,000
2020 $3,380 $283,884 $87,221 $196,663
2019 $3,342 $278,318 $85,511 $192,807
2018 $3,262 $272,862 $83,835 $189,027
2017 $3,204 $267,513 $82,192 $185,321
2016 $3,107 $262,269 $80,581 $181,688
2015 $3,076 $258,330 $79,371 $178,959
2014 $3,666 $253,271 $77,817 $175,454
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay East Association of REALTORS®

MLS Number: 40958622

Bay East Association of REALTORS®

APN: 003-37-056