NOT LISTED FOR SALE

Estimated Value: $7,019,887 - $7,372,000

5 Beds
4.5 Baths
3,487 Sq Ft
$2,054/Sq Ft Est. Value

Last Sold December 05, 2019

Last sale price $5,595,000 $1,605 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $43,935/month

19 Days on Market

Highlights

  • Primary Bedroom Suite
  • Wood Flooring
  • Bonus Room
  • Walter Hays Elementary Rated A+
  • 3 Fireplaces
  • High Ceiling

About This Home

As of December 2019

Updated Craftsman style blends with the best of modern amenities in this beautiful 3,487 sq. ft. home (per county), on a 7,345 sq. ft. lot (per city parcel map) in one of the Peninsula's most desirable neighborhoods, Old Palo Alto. Natural light pours into this spacious 5-bedroom, 4.5-bath, three-level home, which is well-equipped to meet a variety of lifestyle needs. High ceilings give the interiors a light, airy ambiance, and designer touches create a luxurious feel. Comfortable gathering spaces abound, including the living room with its centerpiece fireplace, and ambitious chefs will find inspiration in the superb kitchen. On-the-go households will benefit from the home office and fitness room, while finding peaceful respite in the home's three bedroom suites, including the romantic master warmed by a fireplace all its own. Plus, this home is just moments to the excitement of downtown Palo Alto, and offers access to acclaimed Palo Alto schools (buyer to verify eligibility).

Last Agent to Sell the Property

Michael Repka

Deleon Realty License #70010006 Listed on: 10/09/2019

Last Buyer's Agent

Wei Li

Partner Equity License #01947254

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $71,465

Year Built

  • 1994

Lot Details

  • 7,344 Sq Ft Lot
  • Security Fence
  • Wood Fence
  • Sprinklers on Timer
  • Back Yard

Home Design

  • Slab Foundation
  • Shingle Roof
  • Concrete Perimeter Foundation
  • Stucco
  • Stone

Interior Spaces

  • 3,487 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • 3 Fireplaces
  • Fireplace With Gas Starter
  • Formal Entry
  • Formal Dining Room
  • Bonus Room
  • Neighborhood Views

Kitchen

  • Open to Family Room
  • Built-In Self-Cleaning Double Oven
  • Electric Oven
  • Range Hood
  • Microwave
  • Freezer
  • Ice Maker
  • Wine Refrigerator
  • Kitchen Island
  • Synthetic Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dual Sinks

Laundry

  • Laundry Room
  • Dryer
  • Laundry Tub

Unfinished Basement

  • Sump Pump
  • Crawl Space

Parking

  • Attached Garage
  • Guest Parking

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Heating System Uses Gas
  • Separate Meters
  • Individual Gas Meter
  • Sewer Connection Less Than 500 Feet Away
  • Sewer Connection More Than 500 Feet Away

Community Details

  • Building Fire Escape

Home Details

Home Type

Single Family

Est. Annual Taxes

$71,465

Year Built

1994

Lot Details

0

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Style: Luxury
  • Age: 25
  • Listing Class: Residential
  • Structure Sq Ft: 3487
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1994

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Starter
  • Dining Room: Formal Dining Room
  • Kitchen: Countertop - Synthetic, Exhaust Fan, Freezer, Garbage Disposal, Hood Over Range, Hookups - Gas, Ice Maker, Island, Microwave, Oven - Built-In, Oven - Double, Oven - Electric, Oven - Self Cleaning, Refrigerator, Wine Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 3487
  • Stories: 3
  • Security: Fire Escape, Security Fence
  • Bedrooms: Primary Suite / Retreat, Primary Suite / Retreate - 2+, Walk-In Closet
  • Laundry: Dryer, Electricity Hookup (110V), Electricity Hookup (220V), In Utility Room, Tub / Sink
  • Flooring: Tile, Wood
  • Additional Rooms: Basement - Unfinished, Bonus / Hobby Room, Formal Entry, Laundry Room
  • Fireplaces Min: 3
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Bathroom: Double Sinks

Exterior Features

  • Foundation: Concrete Perimeter, Concrete Slab, Crawl Space
  • Roof: Shingle
  • View: Neighborhood
  • Yard/Grounds: Back Yard, Fenced, Sprinklers - Auto, Sprinklers - Lawn
  • Fencing: Wood
  • Construction Type: Stone, Stucco, Wood

Garage/Parking

  • Garage Parking Features: Attached Garage, Guest / Visitor Parking

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air, Gas
  • Sewer/Septic System: Sewer Connections - Less Than 500 Feet Away, Sewer Connections - More Than 500 Feet Away, Sump Pump

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, 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: Regular
  • Lot Acres: 0.1686
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7345.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7345.00

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2019
Closed on
Dec 6, 2019
Sold by
Wang Yan
Bought by
Wang Yan and The Wang Family Trust
Seller's Agent
Michael Repka
Deleon Realty
Buyer's Agent
Wei Li
Partner Equity
List Price
$5,788,000
Sold Price
$5,595,000
Premium/Discount to List
-$193,000
-3.33%
Current Estimated Value
$7,163,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,568,629
Avg. Annual Appreciation
4.31%
Original Mortgage
$1,900,000
Outstanding Balance
$1,688,385
Interest Rate
4.12%
Estimated Equity
$5,475,244

Purchase Details

Listed on
Oct 9, 2019
Closed on
Dec 4, 2019
Sold by
Zhang Jun
Bought by
Wang Yan
Seller's Agent
Michael Repka
Deleon Realty
Buyer's Agent
Wei Li
Partner Equity
List Price
$5,788,000
Sold Price
$5,595,000
Premium/Discount to List
-$193,000
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,900,000
Outstanding Balance
$1,688,385
Interest Rate
4.12%
Estimated Equity
$5,475,244

Purchase Details

Listed on
Oct 9, 2019
Closed on
Oct 29, 2019
Sold by
Burke David and Reilly Louise O
Bought by
Wang Yan
Seller's Agent
Michael Repka
Deleon Realty
Buyer's Agent
Wei Li
Partner Equity
List Price
$5,788,000
Sold Price
$5,595,000
Premium/Discount to List
-$193,000
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,900,000
Outstanding Balance
$1,688,385
Interest Rate
4.12%
Estimated Equity
$5,475,244

Purchase Details

Closed on
Oct 25, 2016
Sold by
Burke David and Reilly Louise O
Bought by
Burke David and Reilly Louise O

Purchase Details

Listed on
May 29, 2013
Closed on
Nov 5, 2013
Sold by
Carney Carole
Bought by
Burke David and Oreilly Louise
Seller's Agent
Mary Gullixson
Compass
Buyer's Agent
Ken Deleon
Deleon Realty
List Price
$4,100,000
Sold Price
$3,911,000
Premium/Discount to List
-$189,000
-4.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.21%
Original Mortgage
$2,933,250
Interest Rate
2.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 1, 2012
Closed on
Dec 5, 2012
Sold by
Ben Artzi Amatzia and Ben Artzi Shoshana
Bought by
Carney Carole
Seller's Agent
Sherry Bucolo
Compass
Buyer's Agent
Mary Gullixson
Compass
List Price
$3,850,000
Sold Price
$3,650,000
Premium/Discount to List
-$200,000
-5.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.80%

Purchase Details

Closed on
May 2, 1995
Sold by
Peterson Curtis and Stublarec Lea
Bought by
Ben Artzi Amatzia and Ben Artzi Shoshana

Purchase Details

Closed on
May 17, 1994
Sold by
Friedlander Patricia Amelia
Bought by
Fein Edward
Source: Public Records

Range of Values:

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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
Wang Yan -- None Available
Wang Yan -- Chicago Title Company
Wang Yan $5,595,000 Chicago Title Company
Burke David -- None Available
Burke David -- First American Title Company
Carney Carole $3,649,750 Chicago Title Company
Ben Artzi Amatzia $1,085,000 First American Title Guarant
Fein Edward $425,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Yan $1,900,000
Previous Owner Burke David $2,933,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/05/2019 12/05/19 Sold $5,595,000 -3.3% $1,605 / Sq Ft
10/29/2019 10/29/19 Pending -- -- --
10/09/2019 10/09/19 For Sale $5,788,000 +48.0% $1,660 / Sq Ft
11/14/2013 11/14/13 Sold $3,911,000 +0.4% $1,122 / Sq Ft View Prior Sale
10/22/2013 10/22/13 Pending -- -- --
09/14/2013 09/14/13 Price Changed $3,895,000 -5.0% $1,117 / Sq Ft
05/29/2013 05/29/13 For Sale $4,100,000 +12.3% $1,176 / Sq Ft
12/14/2012 12/14/12 Sold $3,650,000 -5.2% $1,047 / Sq Ft View Prior Sale
12/04/2012 12/04/12 Pending -- -- --
10/15/2012 10/15/12 For Sale $3,850,000 -- $1,104 / 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 $71,465 $6,118,947 $5,468,229 $650,718
2024 $71,465 $5,998,968 $5,361,009 $637,959
2023 $70,421 $5,881,342 $5,255,892 $625,450
2022 $69,620 $5,766,023 $5,152,836 $613,187
2021 $68,251 $5,652,964 $5,051,800 $601,164
2020 $66,818 $5,595,000 $5,000,000 $595,000
2019 $51,986 $4,297,861 $3,198,946 $1,098,915
2018 $50,541 $4,213,590 $3,136,222 $1,077,368
2017 $49,656 $4,130,972 $3,074,728 $1,056,244
2016 $48,280 $4,049,974 $3,014,440 $1,035,534
2015 $47,816 $3,989,141 $2,969,161 $1,019,980
2014 $46,955 $3,911,000 $2,911,000 $1,000,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81771742

MLSListings

APN: 124-18-107