NOT LISTED FOR SALE

Estimated Value: $3,406,000 - $7,995,000

3 Beds
2 Baths
1,271 Sq Ft
$5,109/Sq Ft Est. Value

Last Sold March 25, 2016

Last sale price $3,200,000 $2,518 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $45,109/month

43 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Walter Hays Elementary Rated A+
  • Eat-In Kitchen
  • Dining Room

About This Home

As of March 2016

Modest home on great lot / Ideal site for new home / Not in flood zone / Old Palo Alto location yet walkable / Six blocks to Whole Foods and downtown / Four blocks to Town and Country / What could be better!

Last Agent to Sell the Property

Steve Pierce

Zane MacGregor License #00871571 Listed on: 02/10/2016

Last Buyer's Agent

Judy Shen

Coldwell Banker Realty License #01272874

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $88,566

Year Built

  • Built in 1921

Lot Details

  • 7,492 Sq Ft Lot
  • Zoning described as R1

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Home Design

  • Raised Foundation
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,271 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Dining Room
  • Eat-In Kitchen

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 124-15-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$88,566

Year Built

Built in 1921

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 95
  • Listing Class: Residential
  • Structure Sq Ft: 1271
  • Incorporated: Yes
  • Year Built: 1921
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Eat in Kitchen, No Formal Dining Room
  • Living Sq Ft: 1271
  • Stories: 1
  • Flooring: Carpet, Hardwood, Vinyl / Linoleum
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter, Raised
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Detached Garage, Off-Street Parking

Utilities

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

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

  • Parcel Number: 124-15-012
  • Lot Acres: 0.1720
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7500.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7500.00

Multi Family

  • Utilities: 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

Closed on
Jun 22, 2022
Sold by
Xiaoyun Li
Bought by
Xiaoyun Li Living Trust
Current Estimated Value
$6,831,285

Purchase Details

Listed on
Feb 10, 2016
Closed on
Mar 29, 2016
Sold by
Stone Marla Susan and Stone Julian David
Bought by
Li Xiaoyun
Seller's Agent
Steve Pierce
Zane MacGregor
Buyer's Agent
Judy Shen
Coldwell Banker Realty
List Price
$3,375,000
Sold Price
$3,200,000
Premium/Discount to List
-$175,000
-5.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.55%

Purchase Details

Closed on
Apr 4, 2012
Sold by
Stone Nelson
Bought by
Stone Nelson
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
Xiaoyun Li Living Trust -- Li Victoria
Li Xiaoyun $3,200,000 Old Republic Title Company
Stone Nelson -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2016 03/25/16 Sold $3,200,000 +6.7% $2,518 / Sq Ft
03/25/2016 03/25/16 Pending -- -- --
03/22/2016 03/22/16 Price Changed $2,998,000 -11.2% $2,359 / Sq Ft
02/10/2016 02/10/16 For Sale $3,375,000 -- $2,655 / 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
2024 $88,566 $7,462,159 $3,655,844 $3,806,315
2023 $87,271 $7,315,843 $3,584,161 $3,731,682
2022 $86,279 $7,172,396 $3,513,884 $3,658,512
2021 $84,582 $7,031,762 $3,444,985 $3,586,777
2020 $68,822 $5,765,261 $3,409,661 $2,355,600
2019 $48,690 $4,020,325 $3,342,805 $677,520
2018 $40,586 $3,367,980 $3,277,260 $90,720
2017 $39,427 $3,264,000 $3,213,000 $51,000
2016 $3,777 $246,541 $117,970 $128,571
2015 $3,652 $242,838 $116,198 $126,640
2014 $3,486 $238,082 $113,922 $124,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81550153

MLSListings

APN: 124-15-012