NOT LISTED FOR SALE

Estimated Value: $5,483,089 - $6,943,000

5 Beds
6 Baths
3,100 Sq Ft
$1,987/Sq Ft Est. Value

Last Sold May 07, 2021

Last sale price $5,280,000 $1,703 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $38,779/month

196 Days on Market

Highlights

  • Primary Bedroom Suite
  • Craftsman Architecture
  • Soaking Tub in Primary Bathroom
  • Walter Hays Elementary Rated A+
  • Vaulted Ceiling
  • 4-minute walk to Rinconada Park

About This Home

As of May 2021

Stunning New construction **Elegant & Welcoming **Privacy & Convenience **Timeless Delight **5 BR, 4 full + 2 half BA on large lot in desirable North Palo Alto neighborhood **The chic open-concept floorplan pairs seamlessly w/designer details & the latest home technology, ensuring maximum lifestyle sophistication both indoors & out **A detached studio w/half bath, good for fitness/hobbies/kid's play area ***In this exquisite home, you'll enjoy gorgeous European white oak wide-plank hardwood floors, high vaulted ceiling, designer-selected light fixtures, 4" LED recessed lights, kitchen w/top-of-the-line appliances, elegant Silestone Calacatta countertop, custom-built handle-free German Cabinetry for a sleek modern aesthetic, a cozy breakfast area with window seat, a 4-panel sliding door opens from the family room onto a lush green backyard bordered by beautiful trees **Just across the street form Rinconada park, library & pool. Easy access to Stanford U, Walter Hays/Greene/Palo Alto HS

Last Agent to Sell the Property

Judy Shen

Coldwell Banker Realty License #01272874 Listed on: 09/23/2020

Coldwell Banker Realty

Last Buyer's Agent

OUT OF AREA OUT

OUT OF AREA - NON MEMBER License #88888888

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $57,141

Year Built

  • 2020

Lot Details

  • 7,632 Sq Ft Lot
  • Wood Fence
  • Back Yard Fenced
  • Level Lot
  • Sprinklers on Timer

Parking

  • 1 Car Garage
  • 1 Carport Space
  • Electric Vehicle Home Charger

Home Design

  • Craftsman Architecture
  • Wood Frame Construction
  • Ceiling Insulation
  • Floor Insulation
  • Slate Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,100 Sq Ft Home
  • 2-Story Property
  • Entertainment System
  • Vaulted Ceiling
  • Skylights in Kitchen
  • Gas Fireplace
  • Double Pane Windows
  • Bay Window
  • Garden Windows
  • Formal Entry
  • Living Room with Fireplace
  • Open Floorplan
  • Breakfast Room
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Dishwasher
  • Wine Refrigerator
  • Quartz Countertops

Flooring

  • Wood
  • Tile
  • Travertine

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bathroom on Main Level
  • Solid Surface Bathroom Countertops
  • Dual Sinks
  • Dual Flush Toilets
  • Soaking Tub in Primary Bathroom
  • Bathtub with Shower
  • Oversized Bathtub in Primary Bathroom
  • Walk-in Shower

Basement

  • Sealed Crawl Space
  • Crawl Space

Home Security

  • Monitored
  • Panic Alarm
  • Fire Sprinkler System

Eco-Friendly Details

  • Energy-Efficient HVAC
  • Energy-Efficient Insulation
  • Gray Water System

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • Separate Meters
  • 220 Volts
  • Individual Gas Meter
  • Tankless Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$57,141

Year Built

2020

Lot Details

0

Parking

1

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Style: Craftsman
  • Age: 1
  • Listing Class: Residential
  • Structure Sq Ft: 3100
  • Construction: Completed-Never Occupied
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2020

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Burning, Gas Starter, Living Room
  • Dining Room: Breakfast Bar, Breakfast Room, Dining Area In Family Room, Dining Area In Living Room, Eat In Kitchen
  • Kitchen: 220 Volt Outlet, Cooktop - Gas, Countertop - Quartz, Dishwasher, Exhaust Fan, Oven Range - Built-In, Gas, Pantry, Refrigerator, Skylight, Wine Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 3100
  • Stories: 2
  • Security: Fire System - Sprinkler, Panic Alarm, Security Alarm, Video / Audio System
  • Bedrooms: Primary Suite / Retreat, More Than One Bedroom On Ground Floor, Walk-In Closet
  • Laundry: In Utility Room
  • Flooring: Hardwood, Tile, Travertine
  • Additional Rooms: Formal Entry, Laundry Room
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Bathroom: Double Sinks, Dual Flush Toilet, Full On Ground Floor, Half On Ground Floor, Primary - Oversized Tub, Primary - Stall Shower(s), Shower Over Tub - 1, Solid Surface, Stall Shower - 2+, Tub In Primary Bedroom

Exterior Features

  • Foundation: Concrete Perimeter, Sealed Crawlspace, Wood Frame
  • Roof: Slate
  • View: Neighborhood
  • Yard/Grounds: Fenced, Gray Water System, Sprinklers - Auto, Sprinklers - Lawn
  • Fencing: Fenced Back, Wood
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Attached Garage, Electric Car Hookup
  • Carport Min: 1

Utilities

  • Cooling System: Central Ac, Multi-Zone
  • Heating System: Central Forced Air - Gas, Fireplace, Heating - 2+ Zones
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Bay Window, Garden Window, High Ceiling, Skylight, Vaulted Ceiling, Video / Audio System, Walk-In Closet

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

  • Lot Description: Grade - Level
  • Lot Acres: 0.1752
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7630.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7630.00

Green Features

  • Energy Features: Ceiling Insulation, Double Pane Windows, Energy Star Hvac, Insulation - Floor, Insulation - Per Owner, Sealed Crawlspace, Skylight, Tankless Water Heater, Walls Insulated

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Natural Gas, Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2020
Closed on
Jun 25, 2021
Sold by
Bian Fuliang and Tong Yue
Bought by
Tong Yue and Bian Fulian
Seller's Agent
Judy Shen
Coldwell Banker Realty
Buyer's Agent
OUT OF AREA OUT
OUT OF AREA - NON MEMBER
List Price
$5,680,000
Sold Price
$5,280,000
Premium/Discount to List
-$400,000
-7.04%
Current Estimated Value
$6,159,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$879,272
Avg. Annual Appreciation
2.55%
Original Mortgage
$822,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 23, 2020
Closed on
Apr 26, 2021
Sold by
Chu Ming S and Lam Michelle
Bought by
Bian Fuliang and Tong Yue
Seller's Agent
Judy Shen
Coldwell Banker Realty
Buyer's Agent
OUT OF AREA OUT
OUT OF AREA - NON MEMBER
List Price
$5,680,000
Sold Price
$5,280,000
Premium/Discount to List
-$400,000
-7.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$822,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2017
Sold by
Chu Ming S and Lam Michelle
Bought by
Chu Ming S and Lam Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,494,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Feb 15, 2017
Closed on
Mar 20, 2017
Sold by
Warrick Gudrun and Ellsworth The Richard
Bought by
Chu Ming S and Lam Chung Yan
Seller's Agent
Brent and Stacy Mardesich
Mainstream Real Estate Group Inc.
Buyer's Agent
Judy Shen
Coldwell Banker Realty
List Price
$2,599,000
Sold Price
$2,600,000
Premium/Discount to List
$1,000
0.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.22%
Original Mortgage
$1,500,000
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Tong Yue -- Wfg National Title Ins Co
Bian Fuliang $5,200,000 Chicago Title Company
Chu Ming S -- Old Republic Title Company
Chu Ming S $2,600,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ton Yue $818,000
Closed Tong Yue $822,000
Previous Owner Chu Ming S $1,494,000
Previous Owner Chu Ming S $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2021 05/07/21 Sold $5,280,000 0.0% $1,703 / Sq Ft
04/08/2021 04/08/21 Pending -- -- --
04/03/2021 04/03/21 Price Changed $5,280,000 +3.9% $1,703 / Sq Ft
03/16/2021 03/16/21 Price Changed $5,080,000 -10.6% $1,639 / Sq Ft
09/23/2020 09/23/20 For Sale $5,680,000 +118.5% $1,832 / Sq Ft
03/23/2017 03/23/17 Sold $2,600,000 0.0% $1,384 / Sq Ft
02/23/2017 02/23/17 Pending -- -- --
02/15/2017 02/15/17 For Sale $2,599,000 -- $1,383 / 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 $57,141 $4,786,179 $2,789,709 $1,996,470
2023 $56,304 $4,692,333 $2,735,009 $1,957,324
2022 $55,660 $4,600,328 $2,681,382 $1,918,946
2021 $51,999 $4,287,724 $2,787,724 $1,500,000
2020 $44,995 $3,741,140 $2,759,140 $982,000
2019 $33,015 $2,705,040 $2,705,040 $0
2018 $32,157 $2,652,000 $2,652,000 $0
2017 $2,282 $122,581 $50,741 $71,840
2016 $2,215 $120,179 $49,747 $70,432
2015 $2,184 $118,375 $49,000 $69,375
2014 $2,043 $116,058 $48,041 $68,017
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81831937

MLSListings

APN: 003-56-035