$2,600,000
SOLD OCT 10, 2014
0.34 Acre
-- Price per Acre
-- Sq Ft Lot

Recently Sold

$1,529 Per Sq Ft

21% Below List Price

49 Days on Market

About This Lot

As of August 2016

Appx 15,000sqft lot(by assessor)located in the most desirable Crescent Park Palo Alto waits for your new home.Apprved plans ready to build by Zak Johnson Architects.Architectural plans for a 2-level home scheduled for completion in June 2015 – 4 bed/4 bath with family room,den study,laundry,storage rms, and attached 2 car garage pgk.Appx 4,518 total proposed gross floor area.Close to everything.

Last Agent to Sell the Property

Amy Yuen

BarbCo License #01157713 Listed on: 08/13/2014

Last Buyer's Agent

Yifang Yang

Coldwell Banker Realty License #01371905

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $99,628

Additional Features

  • Fenced
  • Gas Available

Property Details

Property Type

Land

Est. Annual Taxes

$99,628

Lot Details

0

Listing Details

  • Zoning: R1929
  • Subclass: Residential Lot
  • Inspections Reports: Fault Zone
  • Listing Class: Residential Lots & Land
  • Present Use: Vacant
  • Development Status: Final Map Approved, Have Building Permits
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: Mixed Height / Type, Surveyed

Schools

  • School District: Palo Alto Unified
  • Elementary School: Duveneck Elementary
  • Middle School: David Starr Jordan Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 311
  • Middle School: 329

Lot Info

  • Lot Number: 3
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 15000.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 15000.00
  • Lot Size Area Min Search: 15000.00
  • Maximum Lot Size: 15000.00
  • Parcel Access: City Street

Rental Info

  • Lease Amount: 3280000

Multi Family

  • Utilities: Underground - On Site, Gas - On Site

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2016
Closed on
Aug 24, 2016
Sold by
Candy Guo Llc
Bought by
Li De Tian and Li De Jiang
Seller's Agent
Michael Repka
Deleon Realty
Buyer's Agent
Ying He
Jenny He Realty Associates
List Price
$7,498,000
Sold Price
$7,380,000
Premium/Discount to List
-$118,000
-1.57%
Current Estimated Value
$8,747,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,367,393
Avg. Annual Appreciation
1.90%

Purchase Details

Listed on
Aug 13, 2014
Closed on
Oct 7, 2014
Sold by
Mo Ngoc Uan
Bought by
Candy Guo Llc
Seller's Agent
Amy Yuen
BarbCo
Buyer's Agent
Yifang Yang
Coldwell Banker Realty
List Price
$3,280,000
Sold Price
$2,600,000
Premium/Discount to List
-$680,000
-20.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
73.67%

Purchase Details

Closed on
Mar 7, 2000
Sold by
Mo Ngoc U Trustee
Bought by
Mo Ngoc Uan
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 Type Sale Price Title Company
Grant Deed $7,380,000 Old Republic Title Company
Grant Deed $2,600,000 Fidelity National Title Co
Interfamily Deed Transfer -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2016 08/30/16 Sold $7,380,000 -1.6% $1,633 / Sq Ft
08/20/2016 08/20/16 Pending -- -- --
08/01/2016 08/01/16 For Sale $7,498,000 +1.6% $1,660 / Sq Ft
08/01/2016 08/01/16 Off Market $7,380,000 -- --
06/22/2016 06/22/16 For Sale $7,498,000 +188.4% $1,660 / Sq Ft
10/10/2014 10/10/14 Sold $2,600,000 -20.7% $1,529 / Sq Ft
10/01/2014 10/01/14 Pending -- -- --
08/13/2014 08/13/14 For Sale $3,280,000 -- $1,929 / 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
2025 $99,628 $8,565,120 $6,650,155 $1,914,965
2024 $99,628 $8,397,177 $6,519,760 $1,877,417
2023 $98,174 $8,232,527 $6,391,922 $1,840,605
2022 $97,062 $8,071,106 $6,266,591 $1,804,515
2021 $95,154 $7,912,850 $6,143,717 $1,769,133
2020 $93,148 $7,831,714 $6,080,721 $1,750,993
2019 $92,135 $7,678,152 $5,961,492 $1,716,660
2018 $89,556 $7,527,600 $5,844,600 $1,683,000
2017 $87,989 $7,380,000 $5,730,000 $1,650,000
2016 $51,545 $4,322,120 $3,736,120 $586,000
2015 $44,248 $3,680,000 $3,680,000 $0
2014 $5,091 $366,729 $167,912 $198,817
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81429673

MLSListings

APN: 003-09-021