NOT LISTED FOR SALE

1849 Newell Rd Palo Alto, CA 94303

Old Palo Alto Neighborhood

Estimated Value: $4,101,070 - $4,693,000

3 Beds
2 Baths
1,783 Sq Ft
$2,455/Sq Ft Est. Value

Last Sold February 11, 2020

Last sale price $3,100,000 $1,739 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $27,502/month

5 Days on Market

Highlights

  • Formal Dining Room
  • 2 Car Detached Garage
  • Forced Air Heating System
  • Walter Hays Elementary Rated A+
  • Bathtub with Shower
  • Wood Burning Fireplace

About This Home

As of February 2020

Move-in, remodel or expand this inviting 3 bedroom, 2 bath Palo Alto home in the heart of Leland Manor. This charming single story home has hardwood floors throughout, a spacious living room with fireplace, eat-in kitchen, and a very comfortable layout. The master suite is perfectly located in the serene rear of the home, has walk-in closet, wall of storage and upgraded bath. Garden is all organic, featuring kiwi, apple, orange and Meyer lemon trees. No pesticides or herbicides used for over 30 years. New paver driveway and charming outdoor patio space for al fresco California living. Walk to neighborhood schools, Library, Art Center, Rinconada Park and Pool, Children's Theatre, Junior Museum. Detached garage (380 sf) perfect for an ADU. Top-rated Palo Alto Schools: Walter Hays, Greene & Palo Alto High. Buyer to verify schools eligibility. Easy access to Stanford University, shopping and tech companies.

Last Agent to Sell the Property

Anita Gat

Keller Williams Palo Alto License #01912656 Listed on: 01/09/2020

Keller Williams Palo Alto

Last Buyer's Agent

Ray Hogue

Compass License #01980343

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,969

Year Built

  • 1949

Lot Details

  • 6,599

Parking

  • 2 Car Detached Garage
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Pillar, Post or Pier Foundation
  • Composition Roof

Interior Spaces

  • 1,783 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Formal Dining Room
  • Electric Oven
  • Electric Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Additional Features

  • 6,599 Sq Ft Lot
  • Forced Air Heating System

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,969

Year Built

1949

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Age: 71
  • Listing Class: Residential
  • Structure Sq Ft: 1783
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1949

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Formal Dining Room
  • Kitchen: Oven Range - Electric
  • Fireplace: Yes
  • Living Sq Ft: 1783
  • Stories: 1
  • Laundry: Electricity Hookup (110V), Electricity Hookup (220V)
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Shower Over Tub - 1

Exterior Features

  • Foundation: Post And Pier
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Detached Garage, Off-Street Parking, On Street, Room For Oversized Vehicle

Utilities

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

Schools

  • School District: Palo Alto Unified

Lot Info

  • Lot Acres: 0.1515
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6600.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6600.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2020
Closed on
Jan 31, 2020
Sold by
Lewiston Diana M and Diana Lewiston Living Trust
Bought by
Yin Jiazhen and Zhou Xin
Seller's Agent
Anita Gat
Keller Williams Palo Alto
Buyer's Agent
Ray Hogue
Compass
List Price
$2,535,000
Sold Price
$3,100,000
Premium/Discount to List
$565,000
22.29%
Current Estimated Value
$4,376,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,276,518
Avg. Annual Appreciation
6.46%
Original Mortgage
$210,000
Outstanding Balance
$187,982
Interest Rate
3.74%
Mortgage Type
New Conventional
Estimated Equity
$4,181,513

Purchase Details

Closed on
Aug 29, 2000
Sold by
Lewiston Diana M
Bought by
Lewiston Diana 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
Yin Jiazhen $3,100,000 Old Republic Title Company
Lewiston Diana M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yin Jiazhen $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2020 02/11/20 Sold $3,100,000 +22.3% $1,739 / Sq Ft
01/15/2020 01/15/20 Pending -- -- --
01/09/2020 01/09/20 For Sale $2,535,000 -- $1,422 / 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 $39,969 $3,323,824 $3,216,605 $107,219
2023 $39,381 $3,258,652 $3,153,535 $105,117
2022 $38,927 $3,194,757 $3,091,701 $103,056
2021 $38,160 $3,132,116 $3,031,080 $101,036
2020 $2,298 $120,992 $53,845 $67,147
2019 $2,266 $118,621 $52,790 $65,831
2018 $2,223 $116,296 $51,755 $64,541
2017 $2,181 $114,017 $50,741 $63,276
2016 $2,116 $111,783 $49,747 $62,036
2015 $2,087 $110,105 $49,000 $61,105
2014 $1,947 $107,950 $48,041 $59,909
Source: Public Records

Agents Affiliated with this Home

  • Anita Gat

    Seller's Agent in 2020

    Anita Gat

    Keller Williams Palo Alto

    (650) 906-0640

    2 in this area

    34 Total Sales

    Section Image
  • Ray Hogue

    Buyer's Agent in 2020

    Ray Hogue

    Compass

    (650) 964-3722

    1 in this area

    22 Total Sales

    Section Image
  • Stacey Woods

    Buyer Co-Listing Agent in 2020

    Stacey Woods

    Compass

    (650) 793-4583

    1 in this area

    38 Total Sales

    Section Image
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Map

Source: MLSListings

MLS Number: ML81778636

MLSListings

APN: 003-56-047

California Santa Clara County Palo Alto 94303 Old Palo Alto

1849 Newell Rd, Palo Alto, CA

This home is located at 1849 Newell Rd, Palo Alto, CA 94303 since 09 January 2020 and is currently estimated at $4,376,518, approximately $2,454 per square foot. This property was built in 1949. 1849 Newell Rd is a home located in Santa Clara County with nearby schools including Walter Hays Elementary, Frank S. Greene Jr. Middle, and Palo Alto High School.

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