NOT LISTED FOR SALE

Estimated Value: $6,971,030 - $7,981,000

5 Beds
3 Baths
3,172 Sq Ft
$2,351/Sq Ft Est. Value

Last Sold May 06, 2022

Last sale price $7,800,000 $2,459 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $49,220/month

5 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Vaulted Ceiling
  • Outdoor Kitchen
  • Walter Hays Elementary Rated A+
  • Wood Flooring
  • Loft

About This Home

As of May 2022

Searching for an impeccable home in a desirable Old Palo Alto location? Set on a tree-lined street, this remarkable residence treats you to idyllic indoor/outdoor living. Inside, a grand foyer with soaring ceilings, living room with wood-burning fireplace and formal dining room are sure to impress. Whip up your favorite meals in the spacious gourmet kitchen with island and pantry. The adjacent family room with built-in bookshelves and fireplace provides ample space for everyday living with access to your outdoor oasis and a guest suite completes the main level. The second level features a primary retreat with fireplace, balcony and spa bath & three additional bedrooms, double-vanity hall bath, loft and laundry room. Your secluded backyard is a gorgeous park-like setting and an entertainer's delight with outdoor kitchen. Close proximity to Town & Country and Cal Ave shopping, dining and Stanford. With all this amazing abode has to offer, including excellent Palo Alto schools, why wait?

Last Agent to Sell the Property

Lori Buecheler

Compass License #01859485 Listed on: 04/21/2022

Compass

Last Buyer's Agent

Kerwin Cowperthwaite

Golden Gate Sotheby's International Realty License #70010214

Golden Gate Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $96,315

Year Built

  • 1987

Lot Details

  • 6,251 Sq Ft Lot
  • Gated Home
  • Wood Fence
  • Back Yard Fenced

Parking

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

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,172 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Double Pane Windows
  • Bay Window
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Loft
  • Crawl Space
  • Alarm System
  • Washer and Dryer

Kitchen

  • Open to Family Room
  • Double Oven
  • Gas Cooktop
  • Range Hood
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Dual Sinks
  • Bathtub with Shower
  • Walk-in Shower

Outdoor Features

  • Balcony
  • Outdoor Kitchen

Utilities

  • Forced Air Heating System

Home Details

Home Type

Single Family

Est. Annual Taxes

$96,315

Year Built

1987

Lot Details

0

Parking

1

Listing Details

  • Zoning: R1929
  • Subclass: Single Family Home
  • Age: 35
  • Listing Class: Residential
  • Structure Sq Ft: 3172
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1987

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Family Room, Living Room, Primary Bedroom, Wood Burning
  • Dining Room: Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Garbage Disposal, Hood Over Range, Ice Maker, Island, Oven - Double, Pantry, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 3172
  • Stories: 2
  • Security: Security Alarm
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Hardwood, Tile
  • Additional Rooms: Loft
  • Fireplaces Min: 3
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Bathroom: Double Sinks, Full On Ground Floor, Primary - Stall Shower(s), Shower And Tub, Shower Over Tub - 1, Stall Shower, Stall Shower - 2+

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space
  • Roof: Composition
  • Yard/Grounds: Back Yard, Balcony / Patio, Outdoor Kitchen
  • Fencing: Fenced, Fenced Back, Gate, Wood

Garage/Parking

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

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Bay Window, High Ceiling, 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: 0.1435
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6250.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6250.00

Green Features

  • Energy Features: Double Pane Windows, Skylight

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2022
Closed on
Apr 29, 2022
Sold by
Carolyn Elizabeth Hayes Revocable Trust
Bought by
Second Hearth Llc
Seller's Agent
Lori Buecheler
Compass
Buyer's Agent
Kerwin Cowperthwaite
Golden Gate Sotheby's International Realty
List Price
$6,498,000
Sold Price
$7,800,000
Premium/Discount to List
$1,302,000
20.04%
Current Estimated Value
$7,458,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$341,242
Avg. Annual Appreciation
-0.24%

Purchase Details

Closed on
Jan 11, 2021
Sold by
Hayes Carolyn
Bought by
Hayes Carolyn and Hayes Revoca Carolyn Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 2020
Sold by
Mehta Preeti and The Raj Marphatia 2020 Trust
Bought by
Hayes Carolyn

Purchase Details

Closed on
Apr 17, 2020
Sold by
Marphatia Raj
Bought by
Marphatia Raj and The Raj Marphatia 2020 Trust

Purchase Details

Listed on
Jun 6, 2012
Closed on
Jun 25, 2012
Sold by
Weiner Steven S and Wise Lisa J
Bought by
Marphatia Raj and Ambady Nalini
Seller's Agent
Hanna Shacham
Coldwell Banker Realty
Buyer's Agent
Lan Bowling
Deleon Realty
List Price
$3,295,000
Sold Price
$3,100,000
Premium/Discount to List
-$195,000
-5.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.23%

Purchase Details

Closed on
Oct 16, 2003
Sold by
Weiner Steven S and Wise Lisa J
Bought by
Weiner Steven S and Wise Lisa J

Purchase Details

Closed on
Jun 19, 2003
Sold by
Davidsson Dennis and Davidsson Gunilla
Bought by
Weiner Steven S and Wise Lisa J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,645,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 22, 1997
Sold by
Schuh Michael N and Schuh Mary G
Bought by
Davidson Dennis and Davidson Gunilla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
7.58%
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
Second Hearth Llc $7,800,000 Chicago Title
Hayes Carolyn -- Lawyers Title Company
Hayes Carolyn -- None Available
Marphatia Raj -- None Available
Marphatia Raj $3,099,750 Old Republic Title Company
Weiner Steven S -- --
Weiner Steven S -- Chicago Title Co
Davidson Dennis $1,650,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hayes Carolyn $500,000
Previous Owner Weiner Steven S $1,645,000
Previous Owner Davidsson Dennis $820,000
Previous Owner Davidson Dennis $850,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2022 05/06/22 Sold $7,800,000 +20.0% $2,459 / Sq Ft
04/27/2022 04/27/22 Pending -- -- --
04/21/2022 04/21/22 For Sale $6,498,000 +109.6% $2,049 / Sq Ft
07/03/2012 07/03/12 Sold $3,100,000 -5.9% $977 / Sq Ft
06/22/2012 06/22/12 Pending -- -- --
06/06/2012 06/06/12 For Sale $3,295,000 -- $1,039 / 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 $96,315 $8,115,120 $6,242,400 $1,872,720
2023 $94,909 $7,956,000 $6,120,000 $1,836,000
2022 $62,237 $5,152,835 $4,740,609 $412,226
2021 $61,095 $5,051,800 $4,647,656 $404,144
2020 $41,963 $3,490,546 $2,251,967 $1,238,579
2019 $41,502 $3,422,105 $2,207,811 $1,214,294
2018 $40,351 $3,355,006 $2,164,521 $1,190,485
2017 $39,643 $3,289,223 $2,122,080 $1,167,143
2016 $38,606 $3,224,729 $2,080,471 $1,144,258
2015 $38,233 $3,176,292 $2,049,221 $1,127,071
2014 $37,510 $3,114,074 $2,009,080 $1,104,994
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81887966

MLSListings

APN: 124-17-016