NOT LISTED FOR SALE

1625 University Ave Palo Alto, CA 94301

Crescent Park Neighborhood

Estimated Value: $3,325,000 - $3,767,000

2 Beds
1 Bath
1,344 Sq Ft
$2,616/Sq Ft Est. Value

Last Sold November 20, 2019

Last sale price $2,535,000 $1,886 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $22,066/month

10 Days on Market

Highlights

  • Wood Flooring
  • Granite Countertops
  • 1 Car Detached Garage
  • Duveneck Elementary School Rated A+
  • Balcony
  • Bathtub with Shower

About This Home

As of November 2019

Wonderful traditional-style home just a stone's throw from the heart of Palo Altos vibrant downtown. Home includes a lovely kitchen with stainless steel appliances, granite counters, a breakfast area, and direct access to two great rear patios; a Master bedroom with two closets and great built-ins; and a spacious living room/dining room with a handsome fireplace and an abundance of natural light. Large front lawn in a fenced yard with an electronic driveway gate. Parquet floors, freshly painted inside and out, and an oversized 1-car garage complete the appeal.

Last Agent to Sell the Property

Brian Chancellor

Christie's International Real Estate Sereno License #01174998 Listed on: 10/10/2019

Christie's International Real Estate Sereno

Co-Listed By

Nick Testa

Christie's International Real Estate Sereno License #01438318

Last Buyer's Agent

Lucy Goldenshteyn

Redfin License #01384836

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $33,751

Year Built

  • 1952

Lot Details

  • 6,177 Sq Ft Lot
  • Fenced
  • Sprinklers on Timer

Parking

  • 1 Car Detached Garage
  • Electric Gate
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 1,344 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Combination Dining and Living Room

Kitchen

  • Gas Oven
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Washer and Dryer

Additional Features

  • Balcony
  • Forced Air Heating System

Home Details

Home Type

Single Family

Est. Annual Taxes

$33,751

Year Built

1952

Lot Details

0

Parking

1

Listing Details

  • Zoning: R1929
  • Subclass: Single Family Home
  • Age: 67
  • Listing Class: Residential
  • Structure Sq Ft: 1344
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1952

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room
  • Dining Room: Dining Area In Living Room
  • Kitchen: Countertop - Granite, Dishwasher, Garbage Disposal, Microwave, Oven Range - Gas, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1344
  • Stories: 1
  • Laundry: Inside, Washer / Dryer
  • Flooring: Hardwood, Tile
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Shower Over Tub - 1

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Yard/Grounds: Balcony / Patio, Fenced, Sprinklers - Auto, Sprinklers - Lawn
  • Fencing: Fenced
  • Construction Type: Stucco

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 4
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Detached Garage, Electric Gate, Off-Street Parking, On Street

Utilities

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

Schools

  • School District: Palo Alto Unified
  • Elementary School: Duveneck Elementary
  • Middle School: Frank S. Greene Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 311
  • Middle School: 329

Lot Info

  • Lot Acres: 0.1418
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6175.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6175.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2019
Closed on
Nov 7, 2019
Sold by
Jhimb Jaeger Rajinder and Jhimb Jaeger Corinna
Bought by
Fang Cuilan and Amies Alexander Phillip
Seller's Agent
Brian Chancellor
Christie's International Real Estate Sereno
Buyer's Agent
Lucy Goldenshteyn
Redfin
List Price
$2,499,000
Sold Price
$2,535,000
Premium/Discount to List
$36,000
1.44%
Current Estimated Value
$3,516,370

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$981,370
Avg. Annual Appreciation
6.28%
Original Mortgage
$1,800,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2009
Sold by
Jhimb Jaeger Rajinder and Jhimb Jaeger Corinna
Bought by
Jhimb Jaeger Rajinder and Jhimb Jaeger Corinna

Purchase Details

Closed on
Jun 22, 2009
Sold by
Mcdonald Bertram
Bought by
Jhimb Jaeger Rajinder and Jhimb Jaeger Corinna

Purchase Details

Closed on
May 26, 2005
Sold by
Mcdonald Bertram
Bought by
Mcdonald Bertram
Source: Public Records

Range of Values:

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Average Value
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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
Fang Cuilan $2,535,000 Chicago Title Company
Jhimb Jaeger Rajinder -- None Available
Jhimb Jaeger Rajinder $1,030,000 Old Republic Title Company
Mcdonald Bertram -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fang Cuilan $500,000
Open Fang Cuilan $1,750,000
Closed Fang Cuilan $1,800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2019 11/20/19 Sold $2,535,000 +1.4% $1,886 / Sq Ft
10/21/2019 10/21/19 Pending -- -- --
10/10/2019 10/10/19 For Sale $2,499,000 -- $1,859 / 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 $33,751 $2,787,389 $2,573,284 $214,105
2023 $33,255 $2,732,735 $2,522,828 $209,907
2022 $31,995 $2,612,486 $2,473,361 $139,125
2021 $31,364 $2,561,262 $2,424,864 $136,398
2020 $30,715 $2,535,000 $2,400,000 $135,000
2019 $15,062 $1,189,032 $1,073,596 $115,436
2018 $14,659 $1,165,719 $1,052,546 $113,173
2017 $14,401 $1,142,862 $1,031,908 $110,954
2016 $14,021 $1,120,454 $1,011,675 $108,779
2015 $13,881 $1,103,625 $996,479 $107,146
2014 $13,553 $1,082,008 $976,960 $105,048
Source: Public Records

Agents Affiliated with this Home

  • Brian Chancellor

    Seller's Agent in 2019

    Brian Chancellor

    Sereno Group

    (650) 303-5511

    11 in this area

    89 Total Sales

    Section Image
  • Nick Testa

    Seller Co-Listing Agent in 2019

    Nick Testa

    Sereno Group

    (650) 906-9288

    9 Total Sales

    Section Image

  • L

    Buyer's Agent in 2019

    Lucy Goldenshteyn

    Redfin

See All Agents

Map

Source: MLSListings

MLS Number: ML81771917

MLSListings

APN: 003-09-023

California Santa Clara County Palo Alto 94301 Crescent Park

1625 University Ave, Palo Alto, CA

This home is located at 1625 University Ave, Palo Alto, CA 94301 since 10 October 2019 and is currently estimated at $3,516,370, approximately $2,616 per square foot. This property was built in 1952. 1625 University Ave is a home located in Santa Clara County with nearby schools including Duveneck Elementary School, Frank S. Greene Jr. Middle, and Palo Alto High School.

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