NOT LISTED FOR SALE

170 Iris Way Palo Alto, CA 94303

Duveneck-Saint Francis Neighborhood

Estimated Value: $4,908,503 - $5,072,000

0.08 Acre
$62,267,200 Price per Acre
3,485 Sq Ft Lot

Last Sold January 11, 2019

Last sale price $2,600,000 $2,379 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $31,626/month

27 Days on Market

About This Lot

As of January 2019

A rare find in Palo Alto!!! Vacant lot ready for your dream home! Seller has had former home demolished providing a clean slate to build!

Last Agent to Sell the Property

Gregory Schwaderer

Compass License #01466071 Listed on: 10/19/2018

Compass

Last Buyer's Agent

OUT OF AREA

OUT OF AREA License #00000000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $54,445

Lot Details

  • 3,485 Sq Ft Lot
  • Level Lot

Utilities

  • Underground Utilities
  • Separate Water Meter
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 003-041-008

Property Details

Property Type

Land

Est. Annual Taxes

$54,445

Lot Details

0

Listing Details

  • Class: Lot/Land
  • Type: Lots/Land
  • Neighborhood: Palo Alto
  • Cross Street: Emabarcadero Primrose
  • Price Per Sq Ft: 32500000
  • Sale Price List Price: 0.87
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Sewer/Septic: Sewer Available
  • Water: Meter On Property
  • Utilities Available: Below Ground, Cable Tv, Electric, Natural Gas, Telephone

Condo/Co-op/Association

  • Community: Out Of Area

Lot Info

  • Lot Size: 4,000-7,499 Sf
  • Site: Public Street
  • Topography: Level
  • Water District: Out Of Area
  • Estimated Number of Acres: 0.08
  • Assessor Parcel Number: 003-041-008
  • Current Use: Residential
  • Lot Number: 170

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2018
Closed on
Dec 10, 2018
Sold by
Carmody Joan K and The Howard S David 1997 Trust
Bought by
Fan Xia and Zhou Yuan
Seller's Agent
Gregory Schwaderer
Compass
Buyer's Agent
OUT OF AREA
OUT OF AREA
List Price
$3,000,000
Sold Price
$2,600,000
Premium/Discount to List
-$400,000
-13.33%
Current Estimated Value
$4,981,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,381,376
Avg. Annual Appreciation
10.29%
Original Mortgage
$1,950,000
Interest Rate
5.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 28, 1997
Sold by
David Howard S
Bought by
David Howard S and Howard S David 1997 Trust
Source: Public Records

Range of Values:

Collateral Analytics

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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
Fan Xia $2,600,000 Chicago Title Co
David Howard S -- --
David Howard S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Xia Fan $2,730,000
Closed Idaho Aca Fan $2,880,000
Closed Fan Xia $1,950,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2019 01/11/19 Sold $2,600,000 -13.3% $2,379 / Sq Ft
11/16/2018 11/16/18 Pending -- -- --
10/19/2018 10/19/18 For Sale $3,000,000 -- $2,745 / Sq Ft
Source: San Diego MLS

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 $54,445 $4,632,237 $2,900,347 $1,731,890
2024 $54,445 $4,541,410 $2,843,478 $1,697,932
2023 $53,645 $4,452,364 $2,787,724 $1,664,640
2022 $59,189 $4,875,063 $2,733,063 $2,142,000
2021 $57,853 $4,779,474 $2,679,474 $2,100,000
2020 $38,227 $3,017,000 $2,652,000 $365,000
2019 $1,430 $41,813 $41,813 $0
2018 $1,336 $40,994 $40,994 $0
2017 $1,309 $40,191 $40,191 $0
2016 $1,730 $78,806 $39,403 $39,403
2015 $1,704 $77,624 $38,812 $38,812
2014 $1,570 $76,104 $38,052 $38,052
Source: Public Records

Agents Affiliated with this Home

  • Gregory Schwaderer

    Seller's Agent in 2019

    Gregory Schwaderer

    Compass

    (858) 756-1113

    12 Total Sales

    Gregory Schwaderer
    Section Image

  • O

    Buyer's Agent in 2019

    OUT OF AREA

    OUT OF AREA

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Map

Source: San Diego MLS

MLS Number: 180058657

San Diego MLS

APN: 003-41-008

California Santa Clara County Palo Alto 94303 Duveneck-Saint Francis

170 Iris Way, Palo Alto, CA

This home is located at 170 Iris Way, Palo Alto, CA 94303 since 19 October 2018 and is currently estimated at $4,981,376, approximately $4,557 per square foot. 170 Iris Way 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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