$7,500,000
SOLD MAY 9, 2025
5 Beds
5.5 Baths
5,158 Sq Ft
7,501 Sq Ft Lot

Recently Sold

$1,454 Per Sq Ft

3% Above List Price

10 Days on Market

Highlights

  • Family Room with Fireplace
  • Wood Flooring
  • 1 Car Attached Garage
  • Walter Hays Elementary Rated A+
  • Formal Dining Room
  • Forced Air Heating and Cooling System

About This Home

As of May 2025

Location, location, location! At the center of prestigious Old Palo Alto, on a serene, tree-lined street. Sprawling 6-bedroom, 5.5-bathroom, with contemporary updates. Inviting formal living room anchored by stunning gas fireplace. Open dining room for seamless gatherings, featuring a bespoke two-tone metal chandelier. Spacious family room/kitchen combination. Chefs kitchen with crisp white cabinets, exquisite Carrara marble counter tops, built-in stainless steel appliances, 6-burner gas cooktop, and breakfast bar. Adjoining family room with corner fireplace and French doors to the delightful yard with mature, professional landscape, large patio and gazebo. Ground-level bedroom & bathroom. 4 bedrooms upstairs including primary suite, junior suite & 2 generous bedrooms. Cathedral ceilings and abundance of natural light. Grand primary retreat with 2 balconies, seating area, spa-inspired 5-piece bathroom, and storage galore. Full basement with bedroom, bathroom, home theater, game room and garage. Bathrooms with stone counter tops, jetted tubs or showers, and contemporary tiles. Light oak hardwood floors & recessed lighting. Central air-conditioning. Easy access to Stanford, 101, commute routes & leading tech campuses such as Apple, Google and Meta. Award-winning Palo Alto schools.

Last Agent to Sell the Property

Annie Watson

Coldwell Banker Realty License #01964881 Listed on: 04/16/2025

Coldwell Banker Realty

Last Buyer's Agent

RECIP

Out of Area Office License #00000000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $85,296

Year Built

  • Built in 1989

Lot Details

  • 7,501 Sq Ft Lot
  • Zoning described as R1

Parking

  • 1 Car Attached Garage

Home Design

  • Tile Roof
  • Clay Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,158 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 124-06-026

Home Details

Home Type

Single Family

Est. Annual Taxes

$85,296

Year Built

Built in 1989

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Age: 36
  • Listing Class: Residential
  • Structure Sq Ft: 5158
  • Incorporated: Yes
  • Year Built: 1989
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Living Room
  • Dining Room: Formal Dining Room
  • Living Sq Ft: 5158
  • Stories: 2
  • Flooring: Tile, Wood
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Tile, Clay

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

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

  • Parcel Number: 124-06-026
  • Lot Acres: 0.1722
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7500.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7500.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Walter Hays 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
Apr 16, 2025
Closed on
Apr 28, 2025
Sold by
Wang Hong and Zhang Feng Qin
Bought by
1027 Waverley Llc
Seller's Agent
Annie Watson
Coldwell Banker Realty
Buyer's Agent
RECIP
Out of Area Office
List Price
$7,288,000
Sold Price
$7,500,000
Premium/Discount to List
$212,000
2.91%
Views
29
Current Estimated Value
$7,653,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,392
Avg. Annual Appreciation
6.67%
Original Mortgage
$5,250,000
Outstanding Balance
$3,538,539
Interest Rate
6.65%
Mortgage Type
Construction
Estimated Equity
$4,147,749

Purchase Details

Closed on
Aug 12, 2019
Sold by
Magnolia Post Lp
Bought by
Wang Hong and Zhang Feng Qin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,280,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 27, 2012
Sold by
Wong Jaime and Wong Elizabeth Han Shu
Bought by
Magnolia Post Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,780,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 2005
Sold by
Denend Leslie G and Denend Judith A
Bought by
Wong Jaime and Wong Elizabeth Han Shu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,850,000
Interest Rate
5.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 8, 1995
Sold by
Denend Leslie George and Denend Judith A
Bought by
Denend Leslie G and Denend Judith A
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 $7,500,000 Chicago Title
Grant Deed $6,700,000 First American Title Company
Grant Deed -- First American Title Company
Grant Deed -- Chicago Title
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $5,250,000 Construction
Previous Owner $3,280,000 New Conventional
Previous Owner $1,850,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2025 05/09/25 Sold $7,500,000 +2.9% $1,454 / Sq Ft
04/27/2025 04/27/25 Pending -- -- --
04/16/2025 04/16/25 For Sale $7,288,000 -- $1,413 / 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 $85,296 $7,327,425 $6,015,052 $1,312,373
2024 $85,296 $7,183,751 $5,897,110 $1,286,641
2023 $84,049 $7,042,894 $5,781,481 $1,261,413
2022 $83,094 $6,904,799 $5,668,119 $1,236,680
2021 $81,459 $6,769,412 $5,556,980 $1,212,432
2020 $79,743 $6,700,000 $5,500,000 $1,200,000
2019 $43,238 $3,561,262 $1,874,349 $1,686,913
2018 $42,039 $3,491,435 $1,837,598 $1,653,837
2017 $41,303 $3,422,976 $1,801,567 $1,621,409
2016 $40,225 $3,355,860 $1,766,243 $1,589,617
2015 $39,838 $3,305,453 $1,739,713 $1,565,740
2014 $39,091 $3,240,705 $1,705,635 $1,535,070
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML82002738

MLSListings

APN: 124-06-026