NOT LISTED FOR SALE

Estimated Value: $6,584,000 - $10,400,584

5 Beds
4.5 Baths
5,162 Sq Ft
$1,655/Sq Ft Est. Value

Last Sold January 21, 2015

Last sale price $10,000,000 $1,937 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $62,624/month

200 Days on Market

Highlights

  • Primary Bedroom Suite
  • Wood Flooring
  • Mediterranean Architecture
  • Duveneck Elementary School Rated A+
  • Main Floor Bedroom
  • High Ceiling

About This Home

As of January 2015

Easy to show. Located in sought-after Crescent Park, this classic Spanish Colonial Revival home combines the aesthetics of an earlier era with accomplished modern luxury. Extensively remodeled in 2011, the original fine craftsmanship, designed by renowned architects, Frederick Confer and Morgan Stedman, and appeal have been respectfully preserved.

Last Agent to Sell the Property

Arti Miglani

Compass License #01150085 Listed on: 05/31/2014

Compass

Last Buyer's Agent

Terri Kerwin

Kerwin & Associates License #01181550

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $139,386

Year Built

  • Built in 1929

Lot Details

  • Sprinklers on Timer
  • Zoning described as R1929

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Mediterranean Architecture
  • Pillar, Post or Pier Foundation
  • Tile Roof

Interior Spaces

  • 5,162 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Wood Burning Fireplace
  • Double Pane Windows
  • Separate Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Den

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in Garage
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 003-11-034

Home Details

Home Type

Single Family

Est. Annual Taxes

$139,386

Year Built

Built in 1929

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Mediterranean
  • Age: 85
  • Level Street Main: 2 or more Primary Suites, Bedroom(s)
  • Listing Class: Residential
  • Structure Sq Ft: 5162
  • Incorporated: Yes
  • Map Book Page: 791
  • Map Side Coordinate: 3
  • Map Top Coordinate: B
  • Thomas Bros Page: 791
  • Thomas Brothers: B3
  • Year Built: 1929
  • Zoning Description: R1929
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room, Kitchen / Family Room Combo
  • Fireplace: Living Room, Wood Burning, Yes
  • Dining Room: Formal Dining Room, Breakfast Bar
  • Kitchen: Dishwasher, Refrigerator, Oven Range, Microwave, Oven - Self Cleaning, Refrigerators - 2+, 220 Volt Outlet
  • Living Sq Ft: 5162
  • Stories: 2
  • Security: Security Alarm - Owned
  • Bedrooms: Primary Suite / Retreate - 2+, Ground Floor Bedroom
  • Laundry: In Garage, Washer, 220 Volt Outlet
  • Flooring: Tile, Hardwood
  • Additional Rooms: Den / Study / Office
  • Maximum Bathrooms: 5
  • Maximum Numberof Bedrooms: 5
  • Minimum Bathrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Bathroom: Shower over Tub - 1, Tubs - 2+, Stall Shower - 2+, Tub in Primary Bedroom, Sauna
  • Fireplace: Yes

Exterior Features

  • Foundation: Post and Pier
  • Pool Description: Pool - No
  • Roof: Tile
  • View: Local/Neighborhood
  • Yard/Grounds: Patio(s), Sprinkler(s) - Front, Sprinkler(s) - Rear, Sprinklers - Auto
  • Exterior: Stucco

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Gate / Door Opener

Utilities

  • Cooling System: Central AC
  • Heating System: Gas - Natural, Forced Air
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Double Pane Windows(s), High Ceiling

Schools

  • School District: Palo Alto Unified
  • Elementary School: Duveneck Elementary
  • Middle School: David Starr Jordan Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 311
  • Middle School: 329

Lot Info

  • Parcel Number: 003-11-034
  • Lot Location: Corner
  • List Price per Sq Ft: 1936.27
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 15107.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 15107.00
  • Lot Size Area Min Search: 15107.00
  • Maximum Lot Size: 15107.00
  • Map Book: Thomas Bros

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Maximum Building Height: 2
  • Minimum Building Height: 2

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Duveneck Elementary
  • High School Text: Palo Alto High
  • Middle School Text: David Starr Jordan Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2014
Closed on
Jan 16, 2015
Sold by
Arna Llc
Bought by
March Lv Llc
Seller's Agent
Arti Miglani
Compass
Buyer's Agent
Terri Kerwin
Kerwin & Associates
List Price
$11,950,000
Sold Price
$10,000,000
Premium/Discount to List
-$1,950,000
-16.32%
Current Estimated Value
$9,316,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$683,768

Purchase Details

Closed on
May 9, 2011
Sold by
Feldman Boris and Feldman Robin Cooper
Bought by
Arna Llc

Purchase Details

Closed on
Aug 30, 1995
Sold by
Feldman Boris and Feldman Robin
Bought by
Feldman Boris and Feldman Robin Cooper

Purchase Details

Closed on
Mar 31, 1994
Sold by
Stone Jon R and Stone Monica
Bought by
Feldman Boris and Feldman Robin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Interest Rate
7.59%
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
March Lv Llc $10,000,000 Old Republic Title Company
Arna Llc $6,249,750 First American Title Company
Feldman Boris -- --
Feldman Boris -- North American Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Feldman Boris $487,000
Previous Owner Feldman Boris $960,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2015 01/21/15 Sold $10,000,000 +0.1% $1,937 / Sq Ft
12/17/2014 12/17/14 Pending -- -- --
12/02/2014 12/02/14 Price Changed $9,995,000 -16.7% $1,936 / Sq Ft
06/04/2014 06/04/14 Price Changed $11,995,000 +0.4% $2,324 / Sq Ft
06/02/2014 06/02/14 Price Changed $11,950,000 -0.4% $2,315 / Sq Ft
06/02/2014 06/02/14 Price Changed $11,995,000 +0.4% $2,324 / Sq Ft
05/31/2014 05/31/14 For Sale $11,950,000 -- $2,315 / 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 $139,386 $11,782,842 $8,837,133 $2,945,709
2023 $137,354 $11,551,806 $8,663,856 $2,887,950
2022 $135,802 $11,325,301 $8,493,977 $2,831,324
2021 $133,133 $11,103,237 $8,327,429 $2,775,808
2020 $130,319 $10,989,388 $8,242,042 $2,747,346
2019 $128,904 $10,773,911 $8,080,434 $2,693,477
2018 $125,286 $10,562,659 $7,921,995 $2,640,664
2017 $123,096 $10,355,549 $7,766,662 $2,588,887
2016 $119,895 $10,152,500 $7,614,375 $2,538,125
2015 $80,486 $6,753,454 $5,649,826 $1,103,628
2014 $79,083 $6,621,164 $5,539,154 $1,082,010
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81419165

MLSListings

APN: 003-11-034