NOT LISTED FOR SALE

Estimated Value: $5,787,000 - $7,809,343

0.26 Acre
$26,036,660 Price per Acre
11,374 Sq Ft Lot

Last Sold April 28, 2021

Last sale price $6,900,000

Est. 1% decrease in value since last sale

Current estimated payment $44,215/month

451 Days on Market

About This Lot

As of April 2021

This 11,375 SqFt lot in Old Palo Alto represents a tremendous opportunity to build the home of your dreams in the most sought after neighborhood in Palo Alto. Conceptual renderings for a stunning contemporary home by award-winning MAK Studios. Proximate to the best Palo Alto has to offer in terms of community amenities, schools, and shopping. This lot is 65'x175'.

Last Agent to Sell the Property

Wendy Kandasamy

Compass License #01425837 Listed on: 01/22/2020

Compass

Co-Listed By

The reSolve Group

Compass License #70010012

Last Buyer's Agent

Mary jo McCarthy

Golden Gate Sotheby's International Realty License #01354295

Golden Gate Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $86,947

Lot Details

  • 0.26 Acre Lot
  • Property is Fully Fenced
  • Mostly Level

Additional Features

  • Electricity Available at Street
  • Gas Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$86,947

Lot Details

0

Listing Details

  • Zoning: R1B10
  • Subclass: Residential Lot
  • Listing Class: Residential Lots & Land
  • Present Use: Vacant
  • Development Status: Recorded Parcel Map, Topographical Map Available
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: Complete Perimeter, Mixed Height / Type

Utilities

  • Sewer/Septic System: Sewer Available

Schools

  • School District: Palo Alto Unified

Lot Info

  • Lot Description: Grade - Mostly Level, Regular, Surveyed
  • Lot Acres: 0.2611
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 11375.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 11375.00
  • Parcel Access: City Street

Multi Family

  • Utilities: Electricity - Available At Street, Gas - Available At Street

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2020
Closed on
Apr 22, 2021
Sold by
Woods Bryan Eugene and Judythe F Woods Revocable Trus
Bought by
Kanefsky Steve
Seller's Agent
Wendy Kandasamy
Compass
Buyer's Agent
Mary jo McCarthy
Golden Gate Sotheby's International Realty
List Price
$7,250,000
Sold Price
$6,900,000
Premium/Discount to List
-$350,000
-4.83%
Current Estimated Value
$6,798,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$101,828
Avg. Annual Appreciation
-0.34%

Purchase Details

Closed on
Aug 15, 2018
Sold by
Woods Judythe F and Judythe F Woods Living Trust
Bought by
Woods Bryan Eugene and Judythe E Woods Revocable Trus

Purchase Details

Closed on
Jan 2, 2009
Sold by
Woods Judythe F
Bought by
Woods Judythe F
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
Kanefsky Steve $6,900,000 Old Republic Title Company
Woods Bryan Eugene -- None Available
Woods Judythe F -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2021 04/28/21 Sold $6,900,000 -8.0% --
04/18/2021 04/18/21 Pending -- -- --
01/14/2021 01/14/21 Price Changed $7,500,000 -3.8% --
01/04/2021 01/04/21 Price Changed $7,800,000 +7.6% --
01/22/2020 01/22/20 For Sale $7,250,000 -- --
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 $86,947 $7,468,781 $7,468,781 --
2024 $86,947 $7,322,335 $7,322,335 --
2023 $85,678 $7,178,760 $7,178,760 $0
2022 $84,707 $7,038,000 $7,038,000 $0
2021 $1,767 $72,542 $72,542 $0
2020 $1,748 $71,799 $71,799 $0
2019 $1,723 $70,392 $70,392 $0
2018 $1,690 $69,012 $69,012 $0
2017 $1,658 $67,659 $67,659 $0
2016 $1,609 $66,333 $66,333 $0
2015 $1,586 $65,337 $65,337 $0
2014 $1,454 $64,058 $64,058 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81779871

MLSListings

APN: 124-17-081