NOT LISTED FOR SALE

158 Rinconada Ave Palo Alto, CA 94301

Old Palo Alto Neighborhood

Estimated Value: $4,605,000 - $5,588,806

4 Beds
3.5 Baths
2,776 Sq Ft
$1,848/Sq Ft Est. Value

Last Sold January 08, 2020

Last sale price $3,750,000 $1,351 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $31,966/month

26 Days on Market

Highlights

  • Two Primary Bedrooms
  • Custom Home
  • Vaulted Ceiling
  • Walter Hays Elementary Rated A+
  • Deck
  • Wood Flooring

About This Home

As of January 2020

This home is located in one of Palo Alto's most exclusive neighborhoods! It offers a bit of everything from old world charm to the eclectic contemporary making this home placed perfectly! Fabulous and move in condition with versatility for the active entertainers, busy family and the move down professionals. This home offers today's desired convenience to both California. Ave. and University Ave. for hot spots, train access, casual and fine dining! Back media room offers a Murphy bed which could be office or double as a 5th bedroom!

Last Agent to Sell the Property

Kathleen Wilson

Compass License #00902501 Listed on: 11/09/2019

Compass

Co-Listed By

The reSolve Group

Compass License #70010012

Last Buyer's Agent

Victor Kuang

BayOne Real Estate Investment Corporation License #01348626

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $48,752

Year Built

  • 1989

Lot Details

  • 7,501

Parking

  • 1 Car Detached Garage
  • Electric Vehicle Home Charger
  • Electric Gate
  • Uncovered Parking
  • Off-Street Parking

Home Design

  • Custom Home
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 2,776 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Skylights in Kitchen
  • Double Pane Windows
  • Living Room with Fireplace
  • Open Floorplan
  • Dining Room
  • Den
  • Loft
  • Bonus Room
  • Laundry Room

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Gas Oven
  • Self-Cleaning Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Granite Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Double Master Bedroom
  • Walk-In Closet
  • Bidet
  • Dual Sinks
  • Low Flow Toliet
  • Bathtub with Shower
  • Walk-in Shower
  • Low Flow Shower

Outdoor Features

  • Deck
  • Fire Pit

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan

Additional Features

  • Energy-Efficient HVAC
  • 7,501 Sq Ft Lot

Home Details

Home Type

Single Family

Est. Annual Taxes

$48,752

Year Built

1989

Lot Details

0

Parking

1

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Style: Custom
  • Age: 30
  • Listing Class: Residential
  • Structure Sq Ft: 2776
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1989

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Living Room
  • Dining Room: Breakfast Bar, Dining Area In Family Room, Dining Area In Living Room, Dining Bar, No Formal Dining Room, Skylight
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Ice Maker, Island, Microwave, Oven - Self Cleaning, Oven Range - Gas, Pantry, Skylight, Trash Compactor, Wine Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 2776
  • Stories: 1
  • Bedrooms: More Than One Primary Bedroom
  • Laundry: In Utility Room
  • Flooring: Tile, Wood
  • Additional Rooms: Bonus / Hobby Room, Den / Study / Office, Laundry Room, Loft
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Bidet, Double Sinks, Shower And Tub, Stall Shower - 2+

Exterior Features

  • Foundation: Concrete Perimeter
  • Yard/Grounds: Deck, Fire Pit
  • Pool: Spa / Hot Tub
  • Construction Type: Stucco, Wood

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Detached Garage, Electric Car Hookup, Electric Gate, Off-Street Parking, Uncovered Parking

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Skylight, Vaulted Ceiling, Walk-In Closet

Schools

  • School District: Palo Alto Unified
  • Elementary School: Walter Hays Elementary
  • Middle School: Frank S. Greene Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 315
  • Middle School: 329

Lot Info

  • Lot Acres: 0.1722
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7500.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7500.00

Green Features

  • Energy Features: Double Pane Windows, Energy Star Appliances, Energy Star Hvac, Low Flow Shower, Low Flow Toilet

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2019
Closed on
Dec 26, 2019
Sold by
Rao Shailesh and Rao Madhu
Bought by
Hou Hong Qi and Liu Pei
Seller's Agent
Kathleen Wilson
Compass
Buyer's Agent
Victor Kuang
BayOne Real Estate Investment Corporation
List Price
$4,088,000
Sold Price
$3,750,000
Premium/Discount to List
-$338,000
-8.27%
Total Days on Market
26
Current Estimated Value
$5,130,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,380,952
Avg. Annual Appreciation
5.70%

Purchase Details

Closed on
Apr 21, 2011
Sold by
Kandasamy David and Kandasamy Wendy
Bought by
Rao Shailesh and Rao Madhu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,481,250
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 13, 2008
Sold by
Ricca Maria and Bristol Philip Warren
Bought by
Kandasamy David and Kandasamy Wendy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,365,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 16, 2006
Sold by
Ricca Maria
Bought by
Ricca Maria and Bristol Philip Warren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,294,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 10, 2006
Sold by
Bristol Philip Warren and Ricca Maria
Bought by
Ricca Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,294,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 15, 1996
Sold by
Philip Bristol and Maria Ricca
Bought by
Bristol Philip Warren and Ricca Maria
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
Hou Hong Qi $3,750,000 Old Republic Title Company
Rao Shailesh $1,974,750 Chicago Title Company
Kandasamy David -- First American Title Co
Ricca Maria -- None Available
Ricca Maria -- Alliance Title Company
Bristol Philip Warren -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hong Qi Hou And Pei Liu Trust $1,925,000
Closed Hou Hong Qi $1,925,000
Previous Owner Rao Shailesh $1,000,000
Previous Owner Rao Shailesh $500,000
Previous Owner Rao Shailesh $985,000
Previous Owner Rao Shailesh $400,000
Previous Owner Rao Shailesh $1,000,000
Previous Owner Rao Shailesh $1,200,000
Previous Owner Rao Shailesh $1,481,250
Previous Owner Kandasamy David $1,365,000
Previous Owner Ricca Maria $1,294,000
Previous Owner Bristol Philip Warren $500,000
Previous Owner Bristol Philip Warren $581,000
Previous Owner Bristol Philip Warren $586,000
Previous Owner Bristol Philip Warren $634,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2020 01/08/20 Sold $3,750,000 -1.3% $1,351 / Sq Ft
12/06/2019 12/06/19 Pending -- -- --
11/20/2019 11/20/19 Price Changed $3,800,000 -7.0% $1,369 / Sq Ft
11/09/2019 11/09/19 For Sale $4,088,000 -- $1,473 / 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 $48,752 $4,153,189 $3,609,030 $544,159
2024 $48,752 $4,071,755 $3,538,265 $533,490
2023 $48,752 $3,991,918 $3,468,888 $523,030
2022 $46,985 $3,864,626 $3,400,871 $463,755
2021 $46,061 $3,788,850 $3,334,188 $454,662
2020 $29,199 $2,399,228 $1,317,904 $1,081,324
2019 $28,877 $2,352,185 $1,292,063 $1,060,122
2018 $28,084 $2,306,065 $1,266,729 $1,039,336
2017 $27,592 $2,260,849 $1,241,892 $1,018,957
2016 $26,869 $2,216,520 $1,217,542 $998,978
2015 $26,608 $2,183,227 $1,199,254 $983,973
2014 $26,075 $2,140,462 $1,175,763 $964,699
Source: Public Records

Agents Affiliated with this Home

  • Kathleen Wilson

    Seller's Agent in 2020

    Kathleen Wilson

    Compass

    (650) 207-2017

    1 in this area

    44 Total Sales

    Kathleen Wilson
    Section Image

  • T

    Seller Co-Listing Agent in 2020

    The reSolve Group

    Compass

    Section Image
  • Victor Kuang

    Buyer's Agent in 2020

    Victor Kuang

    BayOne Real Estate Investment Corporation

    (408) 802-6923

    20 Total Sales

    Victor Kuang
    Section Image
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Map

Source: MLSListings

MLS Number: ML81775121

MLSListings

APN: 124-19-007

California Santa Clara County Palo Alto 94301 Old Palo Alto

158 Rinconada Ave, Palo Alto, CA

This home is located at 158 Rinconada Ave, Palo Alto, CA 94301 since 09 November 2019 and is currently estimated at $5,130,952, approximately $1,848 per square foot. This property was built in 1989. 158 Rinconada 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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