NOT LISTED FOR SALE

161 Lowell Ave Palo Alto, CA 94301

Old Palo Alto Neighborhood

Estimated Value: $8,541,000 - $8,934,855

5 Beds
4 Baths
4,093 Sq Ft
$2,140/Sq Ft Est. Value

Last Sold April 20, 2017

Last sale price $6,375,000 $1,558 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $56,060/month

12 Days on Market

Highlights

  • Wine Cellar
  • Heated Pool and Spa
  • Wood Flooring
  • Walter Hays Elementary Rated A+
  • Skyline View
  • Marble Countertops

About This Home

As of April 2017

This Mediterranean villa in Old Palo Alto has been transformed into a chic and stylish home for indoor/outdoor living. Gorgeous hardwood floors, designer colors unify the two-story floor plan, while numerous skylights add abundant natural light. The open arrangement of space allows for mingling with friends & family, overflowing to an outdoor venues at the front & rear. A fully customized office or 6th bedroom. 5 bedrooms upstairs offer comfortable respites for family members & guests alike. Highlighting the personal accommodations is a sumptuous master suite adjoining a spacious bedroom that is also well-suited for an exercise room or study. The gardens adds to the appeal with an array of palm trees that enhances the resort-like setting with stunning pool and spa – a magical setting for quiet relaxation or festive entertaining. Adding the finishing touch to this premier property is its sought-after location in a neighborhood of legacy homes with access to top-rated Palo Alto

Last Agent to Sell the Property

Deborah Greenberg

Keller Williams Palo Alto License #01103771 Listed on: 02/22/2017

Keller Williams Palo Alto

Last Buyer's Agent

Hadar Guibara

Christie's International Real Estate Sereno License #01881561

Christie's International Real Estate Sereno

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $104,347

Year Built

  • Built in 1987

Lot Details

  • 8,973 Sq Ft Lot
  • Fenced
  • Sprinklers on Timer
  • Back Yard
  • Zoning described as R1

Parking

  • 2 Car Attached Garage
  • On-Street Parking

Home Design

  • Mediterranean Architecture
  • Wood Frame Construction
  • Clay Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,093 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Skylights in Kitchen
  • 3 Fireplaces
  • Gas Fireplace
  • Double Pane Windows
  • Formal Entry
  • Wine Cellar
  • Open Floorplan
  • Formal Dining Room
  • Den
  • Wood Flooring
  • Skyline Views
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Double Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Marble Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • Jack-and-Jill Bathroom
  • 4 Full Bathrooms
  • Marble Bathroom Countertops
  • Dual Sinks
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Pool

  • Heated Pool and Spa
  • Heated In Ground Pool
  • Pool Cover
  • Pool Sweep

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 124-17-091

Home Details

Home Type

Single Family

Est. Annual Taxes

$104,347

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Mediterranean
  • Age: 30
  • Listing Class: Residential
  • Structure Sq Ft: 4093
  • Year Built: 1987
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Burning
  • Dining Room: Breakfast Bar, Breakfast Nook, Dining Area, Dining Area in Family Room, Dining Area in Living Room, Eat in Kitchen, Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Marble, Dishwasher, Exhaust Fan, Garbage Disposal, Island, Microwave, Oven - Double, Oven - Self Cleaning, Refrigerator, Skylight
  • Living Sq Ft: 4093
  • Stories: 2
  • Laundry: Hookup - Washer/Dryer
  • Flooring: Hardwood
  • Additional Rooms: Attic, Den / Study / Office, Formal Entry, Laundry Room, Office Area, Wine Cellar / Storage
  • Fireplaces Min: 3
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Bathroom: Double Sinks, Pass Through, Marble, Skylight, Stall Shower, Tile, Tub, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Pool - Cover, Pool - Heated, Pool - In Ground, Pool / Spa Combo, Pool - Sweep
  • Roof: Clay
  • Yard/Grounds: Back Yard, Balcony / Patio, Sprinklers - Auto
  • Pool: Yes
  • Fencing: Fenced, Mixed Height / Type
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, On Street

Utilities

  • Cooling System: Ceiling Fan, Central AC
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Skylight, Walk-in Closet

Schools

  • School District: Palo Alto Unified

Lot Info

  • Lot Description: Regular
  • Parcel Number: 124-17-091
  • Lot Acres: 0.2060
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8973.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8973.00

Green Features

  • Energy Features: Double Pane Windows, Skylight

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2017
Closed on
Apr 20, 2017
Sold by
Beckstrom Rod A and Beckstrom Patrice V
Bought by
Sonneveld Juliana and Salvadori Kevin
Seller's Agent
Deborah Greenberg
Keller Williams Palo Alto
Buyer's Agent
Hadar Guibara
Christie's International Real Estate Sereno
List Price
$6,500,000
Sold Price
$6,375,000
Premium/Discount to List
-$125,000
-1.92%
Current Estimated Value
$8,760,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,385,618
Avg. Annual Appreciation
2.96%
Original Mortgage
$2,500,000
Outstanding Balance
$2,006,278
Interest Rate
2.8%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$6,137,647

Purchase Details

Closed on
Dec 20, 2001
Sold by
Beckstrom Rod A and Beckstrom Patrice Victoria
Bought by
Beckstrom Rod A and Beckstrom Patrice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
5.87%

Purchase Details

Closed on
Feb 12, 2001
Sold by
Beckstrom Rod A and Beckstrom Patrice A
Bought by
Beckstrom Rod A and Beckstrom Patricia Victoria

Purchase Details

Closed on
Jun 1, 1999
Sold by
Beckstrom Rod A and Beckstrom Patrice V
Bought by
Beckstrom Rod A and Beckstrom Patrice Victoria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$818,000
Interest Rate
6.5%

Purchase Details

Closed on
Feb 10, 1997
Sold by
Beckstrom Rod A and Beckstrom Patrice Victoria
Bought by
Beckstrom Rod A and Beckstrom Patrice Victoria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$833,000
Interest Rate
5.87%

Purchase Details

Closed on
Feb 21, 1996
Sold by
Beckstrom Rod A and Beckstrom Patrice V
Bought by
Beckstrom Rod A and Beckstrom Patrice Victoria

Purchase Details

Closed on
Oct 3, 1995
Sold by
Derham Christian S and Derham Sharon A
Bought by
Beckstrom Rod A and Beckstrom Patrice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$843,750
Interest Rate
6.25%
Source: Public Records

Range of Values:

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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
Sonneveld Juliana $6,375,000 Old Republic Title Company
Beckstrom Rod A -- Old Republic Title Company
Beckstrom Rod A -- Old Republic Title Company
Mass Rosa -- Old Republic Title Company
Beckstrom Rod A -- Fidelity National Title Co
Beckstrom Rod A -- Fidelity National Title Co
Beckstrom Rod A -- Pacific Coast Title Company
Beckstrom Rod A -- North American Title Co
Beckstrom Rod A -- --
Beckstrom Rod A -- --
Beckstrom Rod A $1,118,000 First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sonneveld Juliana $1,000,000
Open Sonneveld Juliana $2,500,000
Previous Owner Beckstrom Rod A $1,690,000
Previous Owner Beckstrom Rod A $2,000,000
Previous Owner Beckstrom Rod A $2,000,000
Previous Owner Beckstrom Rod A $818,000
Previous Owner Beckstrom Rod A $825,000
Previous Owner Beckstrom Rod A $833,000
Previous Owner Beckstrom Rod A $843,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2017 04/20/17 Sold $6,375,000 -1.9% $1,558 / Sq Ft
03/07/2017 03/07/17 Pending -- -- --
02/22/2017 02/22/17 For Sale $6,500,000 -- $1,588 / 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 $104,347 $8,975,034 $6,238,147 $2,736,887
2024 $104,347 $8,799,054 $6,115,831 $2,683,223
2023 $102,824 $8,626,524 $5,995,913 $2,630,611
2022 $88,064 $7,315,348 $5,878,347 $1,437,001
2021 $82,326 $6,835,288 $5,763,086 $1,072,202
2020 $80,593 $6,765,201 $5,703,993 $1,061,208
2019 $79,716 $6,632,550 $5,592,150 $1,040,400
2018 $77,487 $6,502,500 $5,482,500 $1,020,000
2017 $20,480 $1,658,080 $845,674 $812,406
2016 $19,942 $1,625,570 $829,093 $796,477
2015 $19,747 $1,601,154 $816,640 $784,514
2014 $19,241 $1,569,791 $800,644 $769,147
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2017

    Deborah Greenberg

    Keller Williams Palo Alto

    Section Image
  • Hadar Guibara

    Buyer's Agent in 2017

    Hadar Guibara

    Sereno Group

    (650) 740-6295

    2 in this area

    29 Total Sales

    Hadar Guibara
    Section Image
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Map

Source: MLSListings

MLS Number: ML81639785

MLSListings

APN: 124-17-091

California Santa Clara County Palo Alto 94301 Old Palo Alto

161 Lowell Ave, Palo Alto, CA

This home is located at 161 Lowell Ave, Palo Alto, CA 94301 since 22 February 2017 and is currently estimated at $8,760,618, approximately $2,140 per square foot. This property was built in 1987. 161 Lowell 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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