NOT LISTED FOR SALE

Estimated Value: $3,322,000 - $4,534,000

4 Beds
3.5 Baths
2,446 Sq Ft
$1,589/Sq Ft Est. Value

Last Sold March 26, 2024

Last sale price $3,400,000 $1,390 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $25,113/month

12 Days on Market

Highlights

  • Solar Power System
  • 4-minute walk to Palo Alto
  • Deck
  • Addison Elementary School Rated A+
  • Atrium Room
  • 3-minute walk to Cogswell Plaza

About This Home

As of March 2024

University Avenue is just steps away from this stylish 4-bedroom, 3.5-bathroom home in downtown Palo Alto. Custom-built in 2010 by Barton Architects, this home offers modern architectural lines with over 2,400 sf of space centered around a 2-story atrium. The open main level flows seamlessly from the expansive living room/dining room to the updated kitchen with appliances from Miele and Café, while the lower level offers great flexible-use space. Comfortable bedrooms are arranged on both levels, highlighted by the large downstairs suite with a step-in shower as well as the main-level primary bedroom with a Jacuzzi tub. Plus, this home offers a delightful backyard area with a deck and synthetic lawn, energy-efficient features such as solar panels, and off-street parking. Find yourself just 2 blocks from University Avenue, 1/2-mile from Caltrain, close to parks, and minutes from the Stanford Shopping Center while also enjoying convenient access to Stanford University and US 101.

Last Agent to Sell the Property

Michael Repka

Deleon Realty License #70010006 Listed on: 02/10/2024

Last Buyer's Agent

Michael Repka

Deleon Realty License #70010006 Listed on: 02/10/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $45,282

Year Built

  • Built in 2010

Lot Details

  • 2,814 Sq Ft Lot
  • Gated Home
  • Front Yard Fenced and Back Yard
  • Wood Fence
  • Level Lot
  • Grass Covered Lot
  • Zoning described as RM2

Home Design

  • Modern Architecture
  • Flat Roof Shape
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 2,446 Sq Ft Home
  • 1-Story Property
  • Wired For Sound
  • High Ceiling
  • Whole House Fan
  • Skylights in Kitchen
  • Double Pane Windows
  • Separate Family Room
  • Combination Dining and Living Room
  • Den
  • Atrium Room
  • Utility Room
  • Neighborhood Views
  • Finished Basement
  • Sump Pump
  • Attic Fan

Kitchen

  • Breakfast Bar
  • Double Self-Cleaning Oven
  • Electric Oven
  • Range Hood
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • ENERGY STAR Qualified Appliances
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • Dual Sinks
  • Dual Flush Toilets
  • Low Flow Toliet
  • Jetted Tub in Primary Bathroom
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Parking

  • 1 Parking Space
  • No Garage
  • Tandem Parking
  • On-Street Parking

Utilities

  • Forced Air Zoned Heating System
  • Thermostat

Additional Features

  • Solar Power System
  • Deck

Listing and Financial Details

  • Assessor Parcel Number 120-25-041

Home Details

Home Type

Single Family

Est. Annual Taxes

$45,282

Year Built

Built in 2010

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Style: Modern / High Tech
  • Age: 14
  • Listing Class: Residential
  • Structure Sq Ft: 2446
  • Year Built: 2010
  • Zoning Description: RM2
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Dining Room: Breakfast Bar, Dining Area in Living Room, No Formal Dining Room
  • Kitchen: Countertop - Quartz, Dishwasher, Garbage Disposal, Hood Over Range, Ice Maker, Oven - Double, Oven - Self Cleaning, Oven Range - Electric, Pantry, Refrigerator, Skylight, Wine Refrigerator
  • Living Sq Ft: 2446
  • Stories: 1
  • Bedrooms: Ground Floor Bedroom, Walk-in Closet
  • Laundry: Dryer, Electricity Hookup (110V), Inside, Tub / Sink, Washer
  • Flooring: Concrete, Tile, Wood
  • Additional Rooms: Atrium, Attic, Basement - Finished, Den / Study / Office, Laundry Room, Office Area, Storage, Utility Room
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Dual Flush Toilet, Half on Ground Floor, Primary - Tub with Jets, Shower and Tub, Stall Shower - 2+, Tile

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Composition, Flat / Low Pitch
  • View: Neighborhood
  • Yard/Grounds: Back Yard, Deck, Low Maintenance
  • Fencing: Fenced Front, Gate, Wood
  • Construction Type: Stucco, Wood Frame

Garage/Parking

  • Parking Spaces: 1
  • Garage Parking Features: No Garage, On Street, Parking Restrictions, Tandem Parking

Utilities

  • Cooling System: Whole House / Attic Fan
  • Heating System: Central Forced Air - Gas, Heating - 2+ Zones
  • Sewer/Septic System: Sewer Connected, Sump Pump

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Skylight, Walk-in Closet

Schools

  • School District: Palo Alto Unified
  • Elementary School: Addison Elementary
  • Middle School: Frank S. Greene Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 309
  • Middle School: 329

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 120-25-041
  • Lot Acres: 0.0646
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2813.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 2813.00

Green Features

  • Energy Features: Attic Fan, Double Pane Windows, Energy Star Appliances, Low Flow Toilet, Skylight, Solar Power, Thermostat Controller

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Addison Elementary
  • High School Text: Palo Alto High
  • Middle School Text: Frank S. Greene Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2024
Closed on
Mar 21, 2024
Sold by
Lee Stephanie and Lee Alexander
Bought by
Ehrie Jarrod M and Ehrie Sophia G
Seller's Agent
Michael Repka
Deleon Realty
Buyer's Agent
Michael Repka
Deleon Realty
List Price
$3,488,000
Sold Price
$3,400,000
Premium/Discount to List
-$88,000
-2.52%
Views
87
Current Estimated Value
$3,897,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$497,551
Avg. Annual Appreciation
10.17%
Original Mortgage
$250,000
Outstanding Balance
$146,726
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$3,739,548

Purchase Details

Closed on
Sep 25, 2019
Sold by
Wang David J and Wang Devra R B
Bought by
Lee Stephanie and Lee Alexander

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,600,000
Interest Rate
3.6%

Purchase Details

Closed on
Mar 27, 2012
Sold by
Wang David J and Wang Devra R B
Bought by
Wang David J and Wang Devra R B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 7, 2011
Sold by
Wang David J and Wang Devra R B
Bought by
Wang David J and Wang Devra R B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2010
Sold by
Wang David J and Wang Devra
Bought by
Wang David J and Wang Devra R B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,000
Interest Rate
4.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2009
Sold by
Wang David J and Wang Devra
Bought by
Wang David J and Wang Devra R B

Purchase Details

Closed on
Apr 4, 2008
Sold by
Salem Advisory Llc
Bought by
Wang David J and Wang Devra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 1, 2007
Sold by
Feugate Valentina P
Bought by
Salem Advisory Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.62%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 25, 2004
Sold by
Feugate Valentina P
Bought by
Feugate Valentina P
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
Ehrie Jarrod M $3,400,000 First American Title
Lee Stephanie $3,522,000 First American Title Company
Wang David J -- First American Title Company
Wang David J -- First American Title Company
Wang David J -- Old Republic Title Company
Wang David J -- Old Republic Title Company
Wang David J -- First American Title Company
Wang David J -- First American Title Company
Wang David J -- None Available
Wang David J -- Old Republic Title Company
Salem Advisory Llc -- Old Republic Title Company
Feugate Valentina P -- --
Feugate Valentina P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ehrie Jarrod M $250,000
Closed Ehrie Jarrod M $300,000
Previous Owner Lee Stephanie $1,920,000
Previous Owner Lee Yvette $1,970,000
Previous Owner Lee Stephen Lee $1,980
Previous Owner Lee Stephanie $2,600,000
Previous Owner Wang David J $679,650
Previous Owner Wang David J $850,000
Previous Owner Wang David J $400,000
Previous Owner Wang David J $400,000
Previous Owner Wang David J $407,000
Previous Owner Wang David J $417,000
Previous Owner Salem Advisory Llc $80,000
Previous Owner Salem Advisory Llc $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2024 03/26/24 Sold $3,400,000 -2.5% $1,390 / Sq Ft
02/23/2024 02/23/24 Pending -- -- --
02/10/2024 02/10/24 For Sale $3,488,000 -- $1,426 / 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 $45,282 $3,776,293 $3,216,605 $559,688
2023 $44,617 $3,702,249 $3,153,535 $548,714
2022 $44,105 $3,629,656 $3,091,701 $537,955
2021 $43,235 $3,558,487 $3,031,080 $527,407
2020 $42,333 $3,522,000 $3,000,000 $522,000
2019 $21,087 $1,703,280 $1,136,282 $566,998
2018 $20,512 $1,669,883 $1,114,002 $555,881
2017 $20,151 $1,637,141 $1,092,159 $544,982
2016 $19,620 $1,605,042 $1,070,745 $534,297
2015 $19,426 $1,580,934 $1,054,662 $526,272
2014 $19,006 $1,549,967 $1,034,003 $515,964
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81953915

MLSListings

APN: 120-25-041