NOT LISTED FOR SALE

Estimated Value: $3,755,584 - $4,669,000

3 Beds
2.5 Baths
1,900 Sq Ft
$2,137/Sq Ft Est. Value

Last Sold June 23, 2023

Last sale price $3,400,000 $1,789 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $25,550/month

16 Days on Market

Highlights

  • Primary Bedroom Suite
  • Marble Bathroom Countertops
  • Wine Refrigerator
  • Addison Elementary School Rated A+
  • Granite Countertops
  • 1-minute walk to Johnson Park

About This Home

As of June 2023

Ideal location and Craftsman character meet at this luxurious, 3-bedroom, 2.5-bathroom, freshly renovated residence in sought-after Downtown North in Palo Alto. Built with rigorous attention to detail and with finest amenities and luxury finishes. Solid oak hardwood flooring throughout. Oversized bedrooms, inviting living room, aesthetic family room with antique stained window. Spacious Chef's kitchen with countertop seating and high-end appliances. Freshly remodeled bathrooms, including Carrara marble master bathroom. Beautiful landscaping with secluded patio and lawn. Ample space for kids to play and for adult entertaining. Large bonus room in basement with hardwood floor, extra bathroom and ample storage for flexible use. Calm, safe and family oriented neighborhood, steps away from Johnson Park, only three blocks from University Avenue. Easy access to downtown Palo Alto, Stanford, 101, Caltrain, and leading tech campuses. Embrace an urban lifestyle in this quiet and elegant home!

Last Agent to Sell the Property

Annie Watson

Coldwell Banker Realty License #01964881 Listed on: 05/01/2023

Coldwell Banker Realty

Last Buyer's Agent

Michael Repka

Deleon Realty License #70010006

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $41,662

Year Built

  • Built in 1910

Lot Details

  • 4,099 Sq Ft Lot
  • Zoning described as PA

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,900 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Formal Dining Room
  • Finished Basement

Kitchen

  • Breakfast Bar
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Marble Bathroom Countertops
  • Dual Sinks
  • Bathtub with Shower
  • Bathtub Includes Tile Surround

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 120-12-014

Home Details

Home Type

Single Family

Est. Annual Taxes

$41,662

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Age: 113
  • Listing Class: Residential
  • Structure Sq Ft: 1900
  • Year Built: 1910
  • Zoning Description: PA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Breakfast Bar, Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Hood Over Range, Island, Microwave, Refrigerator, Wine Refrigerator
  • Living Sq Ft: 1900
  • Stories: 1
  • Bedrooms: More than One Bedroom on Ground Floor, Primary Suite / Retreat, Walk-in Closet
  • Laundry: Dryer, Washer
  • Additional Rooms: Basement - Finished
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Marble, Shower and Tub, Tile

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Parking Features: Parking Area

Utilities

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

Schools

  • School District: Palo Alto Unified

Lot Info

  • Parcel Number: 120-12-014
  • Lot Acres: 0.0941
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4101.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4101.00

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2023
Closed on
May 19, 2023
Sold by
Jojarth Marton and Jojarth Christine
Bought by
Thakur Vinayak Kaushal and Kodali Mallika
Seller's Agent
Annie Watson
Coldwell Banker 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
69
Current Estimated Value
$4,059,896

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$659,896
Avg. Annual Appreciation
8.48%
Original Mortgage
$2,300,000
Outstanding Balance
$2,236,595
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$1,823,301

Purchase Details

Listed on
May 13, 2014
Closed on
Jun 10, 2014
Sold by
Additto Llc
Bought by
Jojarth Marton and Jojarth Christine
Seller's Agent
Zachary Trailer
Coldwell Banker Realty
Buyer's Agent
Michael Repka
Deleon Realty
List Price
$2,195,000
Sold Price
$2,510,000
Premium/Discount to List
$315,000
14.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.42%
Original Mortgage
$1,882,500
Interest Rate
2.55%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Feb 27, 2014
Closed on
Mar 10, 2014
Sold by
Peninsula Pioneer Llc
Bought by
Additto Llc
Seller's Agent
Zachary Trailer
Coldwell Banker Realty
Buyer's Agent
Kester Wise
Proximity Real Estate
List Price
$1,898,000
Sold Price
$2,410,000
Premium/Discount to List
$512,000
26.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.93%

Purchase Details

Closed on
Jul 6, 2007
Sold by
Gehrke Josephine Mary
Bought by
Peninsula Pioneer Llc

Purchase Details

Closed on
May 17, 2001
Sold by
Gehrke Josephine Mary
Bought by
Gehrke Josephine Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
7.15%

Purchase Details

Closed on
Feb 27, 2001
Sold by
Gehrke Josephine M
Bought by
Gehrke Josephine Mary

Purchase Details

Closed on
Feb 24, 1998
Sold by
Roccasalva Rose Residual Trust and Josephine M
Bought by
Gehrke Josephine M
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
Thakur Vinayak Kaushal -- Chicago Title
Jojarth Marton $2,509,750 Chicago Title Company
Additto Llc $2,409,750 Chicago Title Company
Peninsula Pioneer Llc -- Chicago Title Company
Gehrke Josephine Mary -- --
Gehrke Josephine Mary -- North American Title Co
Gehrke Josephine Mary -- --
Gehrke Josephine M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thakur Vinayak Kaushal $2,300,000
Previous Owner Jojarth Marton $3,000,000
Previous Owner Jojarth Marton $420,000
Previous Owner Jojarth Marton $1,882,500
Previous Owner Gehrke Josephine Mary $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2023 06/23/23 Sold $3,400,000 -2.5% $1,789 / Sq Ft
05/18/2023 05/18/23 Pending -- -- --
05/01/2023 05/01/23 For Sale $3,488,000 +39.0% $1,836 / Sq Ft
06/17/2014 06/17/14 Sold $2,510,000 +14.4% $1,321 / Sq Ft
05/28/2014 05/28/14 Pending -- -- --
05/13/2014 05/13/14 For Sale $2,195,000 -8.9% $1,155 / Sq Ft
03/13/2014 03/13/14 Sold $2,410,000 +27.0% $1,268 / Sq Ft
03/06/2014 03/06/14 Pending -- -- --
02/27/2014 02/27/14 For Sale $1,898,000 -- $999 / 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 $41,662 $3,537,360 $2,913,120 $624,240
2024 $41,662 $3,468,000 $2,856,000 $612,000
2023 $35,908 $2,957,428 $2,120,868 $836,560
2022 $35,495 $2,899,440 $2,079,283 $820,157
2021 $34,796 $2,842,589 $2,038,513 $804,076
2020 $34,075 $2,813,443 $2,017,611 $795,832
2019 $33,700 $2,758,278 $1,978,050 $780,228
2018 $32,771 $2,704,195 $1,939,265 $764,930
2017 $32,197 $2,651,173 $1,901,241 $749,932
2016 $31,355 $2,599,190 $1,863,962 $735,228
2015 $31,052 $2,560,149 $1,835,964 $724,185
2014 $18,288 $1,482,266 $857,203 $625,063
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81926524

MLSListings

APN: 120-12-014