$3,400,000
SOLD SEP 25, 2023
3 Beds
3 Baths
1,337 Sq Ft
5,502 Sq Ft Lot

Recently Sold

$2,543 Per Sq Ft

3% Below List Price

8 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • High Ceiling
  • Addison Elementary School Rated A+
  • Attic
  • 2-minute walk to Johnson Park

About This Home

As of June 2024

Feelings of warmth and hospitality emanate from this gorgeous Craftsman-style home that enjoys an outstanding location in the heart of Palo Alto. Rich hardwood floors and high ceilings create a welcoming ambiance from the moment you step inside, with a floorplan that offers large gathering spaces, a fireplace, updated kitchen, and a peaceful backyard with a large deck perfect for entertaining. With 3 bedrooms, 3 bathrooms, and almost 1,800 square feet of total living area, including a detached studio guest house, this home provides plenty of comfortable space for family and friends alike in a neighborhood with tremendous walkability - beautiful parks, vibrant University Avenue, the Stanford Shopping Center, and Caltrain are all within a short stroll, while Stanford University and US-101 are both easy drives away. Plus, children may attend top-ranked schools Addison Elementary, Greene Middle, and Palo Alto High (buyer to verify eligibility).

Last Agent to Sell the Property

Michael Repka

Deleon Realty License #70010006 Listed on: 08/16/2023

Last Buyer's Agent

David Kim

Compass License #01356580

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $40,863

Year Built

  • Built in 1908

Lot Details

  • 5,502 Sq Ft Lot
  • Gated Home
  • Property is Fully Fenced
  • Wood Fence
  • Level Lot
  • Sprinklers on Timer
  • Grass Covered Lot
  • Back Yard
  • Zoning described as R2

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,337 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • High Ceiling
  • Skylights in Kitchen
  • Gas Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Storage Room
  • Neighborhood Views
  • Attic
  • Unfinished Basement

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Low Flow Toliet
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • No Garage
  • Tandem Parking
  • On-Street Parking

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Wood Insert Heater
  • Vented Exhaust Fan
  • Heating System Uses Gas
  • Thermostat

Listing and Financial Details

  • Assessor Parcel Number 120-01-046

Home Details

Home Type

Single Family

Est. Annual Taxes

$40,863

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Age: 115
  • Listing Class: Residential
  • Structure Sq Ft: 1337
  • Year Built: 1908
  • Zoning Description: R2
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Burning, Insert, Living Room
  • Dining Room: Breakfast Bar, Dining Area in Living Room
  • Kitchen: Cooktop - Gas, Dishwasher, Exhaust Fan, Garbage Disposal, Ice Maker, Microwave, Oven - Electric, Oven - Self Cleaning, Refrigerator, Skylight
  • Living Sq Ft: 1337
  • Stories: 1
  • Bedrooms: More than One Bedroom on Ground Floor, Walk-in Closet
  • Laundry: Dryer, Electricity Hookup (110V), Electricity Hookup (220V), Inside, Washer
  • Flooring: Hardwood, Laminate, Tile
  • Additional Rooms: Attic, Basement - Unfinished, Storage
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Bathroom: Full on Ground Floor, Stall Shower - 2+, Tile
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Composition
  • View: Neighborhood
  • Yard/Grounds: Back Yard, Deck, Fenced, Low Maintenance, Sprinklers - Auto
  • Fencing: Complete Perimeter, Fenced, Gate, Wood
  • Construction Type: Shingle, Wood, Wood Frame

Garage/Parking

  • Parking Spaces: 2
  • Garage Parking Features: No Garage, On Street, Tandem Parking

Utilities

  • Heating System: Central Forced Air - Gas, Fireplace, Gas
  • Sewer/Septic System: Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Open Beam 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: 120-01-046
  • Lot Acres: 0.1263
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5500.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5500.00

Green Features

  • Energy Features: Double Pane Windows, Low Flow Toilet, Skylight, 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
Jun 5, 2024
Closed on
Jun 17, 2024
Sold by
Goodsell Sean and Goodsell Marcelle
Bought by
Zhu Wei Descendants Trust and Zhu
Seller's Agent
Michael Repka
Deleon Realty
Buyer's Agent
Celine Song
Keller Williams Thrive
List Price
$3,388,000
Sold Price
$3,500,000
Premium/Discount to List
$112,000
3.31%
Views
14
Current Estimated Value
$3,624,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,583
Avg. Annual Appreciation
4.10%

Purchase Details

Listed on
Aug 16, 2023
Closed on
Sep 14, 2023
Sold by
Fasani Properties Llc
Bought by
Goodsell Sean and Goodsell Marcelle
Seller's Agent
Michael Repka
Deleon Realty
Buyer's Agent
David Kim
Compass
List Price
$3,488,000
Sold Price
$3,400,000
Premium/Discount to List
-$88,000
-2.52%
Views
24

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.99%
Original Mortgage
$1,000,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 8, 2018
Sold by
Fasani Constance M and Steven Fasani Survivor S Trust
Bought by
Fasani Properties Llc

Purchase Details

Closed on
Jul 6, 2017
Sold by
Fasani Constance M and Steven Fasani Survivors Trust
Bought by
Fasani Properties Llc

Purchase Details

Closed on
Jul 1, 2017
Sold by
Fasani Constance M and Steven Fasani Family Trust
Bought by
Fasani Constance M and Steven Fasani Survivor S Trust
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 Type Sale Price Title Company
Grant Deed $3,500,000 First American Title
Grant Deed $3,400,000 First American Title
Interfamily Deed Transfer -- None Available
Grant Deed -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,000,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2024 06/21/24 Sold $3,500,000 +3.3% $1,962 / Sq Ft
06/13/2024 06/13/24 Pending -- -- --
06/05/2024 06/05/24 For Sale $3,388,000 -0.4% $1,899 / Sq Ft
09/25/2023 09/25/23 Sold $3,400,000 -2.5% $2,543 / Sq Ft
08/25/2023 08/25/23 Pending -- -- --
08/16/2023 08/16/23 For Sale $3,488,000 -- $2,609 / 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 $40,863 $3,570,000 $3,162,000 $408,000
2024 $40,863 $3,400,000 $3,050,000 $350,000
2023 $5,643 $393,434 $44,830 $348,604
2022 $5,570 $385,720 $43,951 $341,769
2021 $5,459 $378,158 $43,090 $335,068
2020 $5,362 $374,282 $42,649 $331,633
2019 $5,298 $366,944 $41,813 $325,131
2018 $5,171 $359,750 $40,994 $318,756
2017 $4,997 $352,697 $40,191 $312,506
2016 $4,859 $345,782 $39,403 $306,379
2015 $4,886 $340,589 $38,812 $301,777
2014 $1,654 $76,198 $38,052 $38,146
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81938599

MLSListings

APN: 120-01-046