NOT LISTED FOR SALE

Estimated Value: $3,985,000 - $6,911,000

5 Beds
4.5 Baths
3,371 Sq Ft
$1,751/Sq Ft Est. Value

Last Sold October 08, 2020

Last sale price $4,500,000 $1,335 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $36,086/month

123 Days on Market

Highlights

  • Primary Bedroom Suite
  • Skyline View
  • Living Room with Fireplace
  • Walter Hays Elementary Rated A+
  • Contemporary Architecture
  • 3-minute walk to Rinconada Park

About This Home

As of October 2020

Just around the corner from Rinconada Park, and a little over one mile to the excitement of University Avenue, this 5-bedroom, 4.5-bathroom home offers nearly 3,400 square feet of luxury living space, nestled on almost 8,600 square feet on one of the most iconic streets in all of Palo Alto. Set on a corner lot and boasting outstanding curb appeal, this home features high-end appointments everywhere you turn, from hardwood floors, to fine millwork, to detailed ceilings. Elegant public spaces invite entertaining, the kitchen includes appliances from Thermador and Viking, and a fireplace centers the office. Enjoy the sunroom that leads to the backyard, where you will find great space for outdoor fun. Located on Fulton Street, known as "Christmas Tree Lane" during the holiday season thanks to the amazingly decorated houses that line the block, this home is also convenient to everything Palo Alto has to offer, and is within walking distance of top-ranked Palo Alto schools.

Last Agent to Sell the Property

Michael Repka

Deleon Realty License #70010006 Listed on: 04/22/2020

Last Buyer's Agent

Sunny Kim

Compass License #01215151

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $57,097

Year Built

  • 1942

Lot Details

  • 8,599 Sq Ft Lot
  • South Facing Home
  • Wood Fence
  • Level Lot
  • Sprinklers on Timer
  • Back Yard Fenced

Parking

  • 2 Car Garage
  • Garage Door Opener
  • On-Street Parking

Property Views

  • Skyline
  • Neighborhood

Home Design

  • Contemporary Architecture
  • Post and Beam
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 3,371 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Entertainment System
  • High Ceiling
  • Skylights in Kitchen
  • Circular Fireplace
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Bay Window
  • Garden Windows
  • Formal Entry
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Den

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Self-Cleaning Double Oven
  • Electric Oven
  • Gas Cooktop
  • Freezer
  • Ice Maker
  • Dishwasher
  • Quartz Countertops
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bathroom on Main Level
  • Dual Sinks
  • Jetted Tub in Primary Bathroom
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Outdoor Features

  • Balcony

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • Separate Meters
  • Individual Gas Meter
  • Sewer Connection More Than 500 Feet Away

Community Details

  • Courtyard

Home Details

Home Type

Single Family

Est. Annual Taxes

$57,097

Year Built

1942

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Style: Contemporary
  • Age: 78
  • Listing Class: Residential
  • Structure Sq Ft: 3371
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1942

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Starter, Living Room, Wood Burning
  • Dining Room: Breakfast Bar, Eat In Kitchen, Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Quartz, Countertop - Tile, Dishwasher, Exhaust Fan, Freezer, Garbage Disposal, Ice Maker, Oven - Built-In, Oven - Double, Oven - Electric, Oven - Self Cleaning, Skylight
  • Fireplace: Yes
  • Living Sq Ft: 3371
  • Stories: 2
  • Security: Closed Circuit Monitoring (24-Hour)
  • Bedrooms: Ground Floor Bedroom, Primary Suite / Retreat, Walk-In Closet
  • Laundry: Dryer, Electricity Hookup (110V), Electricity Hookup (220V), Inside, Tub / Sink, Washer
  • Flooring: Carpet, Hardwood, Tile
  • Additional Rooms: Den / Study / Office, Formal Entry, Laundry Room, Storage
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Bathroom: Double Sinks, Full On Ground Floor, Half On Ground Floor, Primary - Stall Shower(s), Primary - Tub With Jets, Shower And Tub, Skylight, Stall Shower - 2+, Tile

Exterior Features

  • Foundation: Concrete Perimeter, Post And Beam
  • Roof: Composition
  • View: Neighborhood
  • Yard/Grounds: Back Yard, Balcony / Patio, Courtyard, Fenced, Sprinklers - Auto, Sprinklers - Lawn
  • Fencing: Fenced Back, Mixed Height / Type, Wood
  • Property Faces: South
  • Construction Type: Stucco, Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Gate / Door Opener, On Street

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air - Gas, Heating - 2+ Zones
  • Sewer/Septic System: Sewer - Public, Sewer Connections - More Than 500 Feet Away

Association/Amenities

  • Amenities Miscellaneous: Bay Window, Built-In Vacuum, Garden Window, High Ceiling, Skylight, Video / Audio System, 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 Description: Grade - Level
  • Lot Acres: 0.1974
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8598.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8598.00

Green Features

  • Energy Features: Double Pane Windows, Skylight

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2020
Closed on
Aug 24, 2020
Sold by
Christenson Larry Ray and Christenson Carolyn Elizabeth
Bought by
Wang Kevin and Wang Tinwin Liu
Seller's Agent
Michael Repka
Deleon Realty
Buyer's Agent
Sunny Kim
Compass
List Price
$5,875,000
Sold Price
$4,500,000
Premium/Discount to List
-$1,375,000
-23.4%
Total Days on Market
123
Current Estimated Value
$5,903,094

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,403,094
Avg. Annual Appreciation
6.01%
Original Mortgage
$2,700,000
Interest Rate
2.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2008
Sold by
Christenson Larry R and Christenson Carolyn E
Bought by
Christenson Larry Ray and Christenson 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
6%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 30, 1998
Sold by
Christenson Larry R and Christenson Carolyn E
Bought by
Christenson Larry Ray and Christenson 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
$100,000
Interest Rate
6.63%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 21, 1998
Sold by
Christenson Larry R and Christenson Carolyn E
Bought by
Christenson Larry Ray A and Christenson 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
$600,000
Interest Rate
7%
Source: Public Records

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Range of Values:

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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
Wang Kevin $4,500,000 Chicago Title Company
Christenson Larry Ray -- Financial Title Company
Christenson Larry R -- Financial Title Company
Christenson Larry Ray -- --
Christenson Larry Ray A -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Kevin $2,654,000
Closed Wang Kevin $2,700,000
Previous Owner Christenson Larry Ray $950,000
Previous Owner Christenson Larry R $500,000
Previous Owner Christenson Larry Ray $900,000
Previous Owner Christenson Larry Ray $695,000
Previous Owner Christenson Ray $598,000
Previous Owner Christenson Larry Ray $619,000
Previous Owner Christenson Larry R $500,000
Previous Owner Christenson Larry R $610,000
Previous Owner Christenson Larry Ray $250,000
Previous Owner Christenson Larry Ray $610,000
Previous Owner Christenson Larry Ray $570,000
Previous Owner Christenson Larry Ray $586,000
Previous Owner Christenson Larry R $100,000
Previous Owner Christenson Larry Ray A $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2020 10/08/20 Sold $4,500,000 -23.4% $1,335 / Sq Ft
08/24/2020 08/24/20 Pending -- -- --
04/22/2020 04/22/20 For Sale $5,875,000 -- $1,743 / 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 $57,097 $4,775,436 $4,244,832 $530,604
2023 $56,262 $4,681,800 $4,161,600 $520,200
2022 $55,620 $4,590,000 $4,080,000 $510,000
2021 $54,526 $4,500,000 $4,000,000 $500,000
2020 $9,886 $765,629 $258,781 $506,848
2019 $9,772 $750,617 $253,707 $496,910
2018 $9,517 $735,900 $248,733 $487,167
2017 $9,347 $721,471 $243,856 $477,615
2016 $9,097 $707,325 $239,075 $468,250
2015 $9,002 $696,701 $235,484 $461,217
2014 $8,751 $683,055 $230,872 $452,183
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81801947

MLSListings

APN: 003-58-066