NOT LISTED FOR SALE

Estimated Value: $6,917,998 - $7,380,000

4 Beds
4.5 Baths
3,401 Sq Ft
$2,107/Sq Ft Est. Value

Last Sold December 30, 2021

Last sale price $6,300,000 $1,852 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $44,488/month

195 Days on Market

Highlights

  • Soaking Tub in Primary Bathroom
  • Wood Flooring
  • Bonus Room
  • Walter Hays Elementary Rated A+
  • 2 Fireplaces
  • Mud Room

About This Home

As of December 2021

NEW PRICE REDUCTION! BEST VALUE IN OLD PALO ALTO. This stunning home is a classic Tudor style in the heart of Old Palo Alto amidst a plethora of distinguished homes. Spectacular gardens with glorious rhododendrons and an enchanting terrace make this an exceptional place to call home in one of Palo Altos most sought-after neighborhoods. Larson & Hoffman Contractors remodeled the 2nd & 3rd floor including bonus room/4th bedroom/office design available. Beautifully appointed gourmet Chef's kitchen w/top of line appliances, island, Wolf 6 burner gas range with double ovens, subzero fridge, custom cabinetry, beautifully appointed pantry & utility/mudroom. Every detail was thought out to optimize the beauty of the home. With its ideal location & close proximity to Downtown Palo Alto's University Ave, Town & Country Shopping, top rated schools, Stanford University this wonderful opportunity in the heart of Silicon Valley. Buyers to verify square footage of home.

Last Agent to Sell the Property

Linda Salah

Corcoran Icon Properties License #01757363 Listed on: 05/28/2021

Corcoran Icon Properties

Last Buyer's Agent

Supriya Gavande

Compass License #01856590

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $77,989

Year Built

  • 1932

Lot Details

  • 7,636

Parking

  • 2 Car Attached Garage

Home Design

  • Shingle Roof
  • Masonry
  • Stucco
  • Stone

Interior Spaces

  • 3,401 Sq Ft Home
  • 3-Story Property
  • 2 Fireplaces
  • Gas Fireplace
  • Mud Room
  • Separate Family Room
  • Formal Dining Room
  • Bonus Room
  • Utility Room
  • Laundry Room
  • Unfinished Basement
  • Crawl Space

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Dual Sinks
  • Soaking Tub in Primary Bathroom
  • Bathtub
  • Walk-in Shower

Additional Features

  • Solar owned by seller
  • 7,636 Sq Ft Lot
  • Forced Air Zoned Heating System

Home Details

Home Type

Single Family

Est. Annual Taxes

$77,989

Year Built

1932

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1929
  • Subclass: Single Family Home
  • Age: 89
  • Listing Class: Residential
  • Structure Sq Ft: 3401
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1932

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Burning
  • Dining Room: Formal Dining Room
  • Kitchen: Countertop - Other, Pantry
  • Fireplace: Yes
  • Living Sq Ft: 3401
  • Stories: 3
  • Flooring: Carpet, Hardwood
  • Additional Rooms: Basement - Unfinished, Bonus / Hobby Room, Laundry Room, Mud Room, Utility Room
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Primary - Sunken Tub, Stall Shower, Tub In Primary Bedroom

Exterior Features

  • Foundation: Crawl Space
  • Roof: Shingle
  • Construction Type: Masonry, Steel, Stone, Stucco

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Central Forced Air - Gas, Heating - 2+ Zones
  • 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

  • Lot Acres: 0.1753
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7635.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7635.00

Multi Family

  • Utilities: Public Utilities, Solar Panels - Owned

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2021
Closed on
Dec 20, 2021
Sold by
Straubel Jeffrey and Straubel Carol
Bought by
Jung Joo Min and Kim Bo Gyung
Seller's Agent
Linda Salah
Corcoran Icon Properties
Buyer's Agent
Supriya Gavande
Compass
List Price
$7,680,000
Sold Price
$6,300,000
Premium/Discount to List
-$1,380,000
-17.97%
Current Estimated Value
$7,165,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$865,250
Avg. Annual Appreciation
3.45%
Original Mortgage
$2,999,999
Outstanding Balance
$2,759,212
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$4,406,038

Purchase Details

Listed on
Apr 17, 2013
Closed on
Apr 25, 2013
Sold by
Mcgeary Roderick C and Mcgeary Denise S
Bought by
Straubel Jeffrey and Straubel Carol
Seller's Agent
Jolaine & Jack Woodson
Compass
Buyer's Agent
Sunny Dykwel
Keller Williams Palo Alto
List Price
$3,750,000
Sold Price
$3,950,000
Premium/Discount to List
$200,000
5.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.53%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Jung Joo Min $6,300,000 Old Republic Title Company
Straubel Jeffrey $3,949,750 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jung Joo Min $2,999,999
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/30/2021 12/30/21 Sold $6,300,000 -3.1% $1,852 / Sq Ft
12/09/2021 12/09/21 Pending -- -- --
10/23/2021 10/23/21 Price Changed $6,499,000 -3.0% $1,911 / Sq Ft
09/22/2021 09/22/21 Price Changed $6,699,000 -2.9% $1,970 / Sq Ft
09/04/2021 09/04/21 Price Changed $6,899,000 -6.6% $2,029 / Sq Ft
06/15/2021 06/15/21 Price Changed $7,388,000 -3.8% $2,172 / Sq Ft
05/28/2021 05/28/21 For Sale $7,680,000 +94.4% $2,258 / Sq Ft
05/01/2013 05/01/13 Sold $3,950,000 +5.3% $1,304 / Sq Ft View Prior Sale
04/23/2013 04/23/13 Pending -- -- --
04/17/2013 04/17/13 For Sale $3,750,000 -- $1,238 / 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 $77,989 $6,685,609 $5,412,160 $1,273,449
2024 $77,989 $6,554,520 $5,306,040 $1,248,480
2023 $76,850 $6,426,000 $5,202,000 $1,224,000
2022 $75,977 $6,300,000 $5,100,000 $1,200,000
2021 $62,959 $5,208,422 $3,868,007 $1,340,415
2020 $61,639 $5,155,017 $3,828,346 $1,326,671
2019 $60,966 $5,053,939 $3,753,281 $1,300,658
2018 $59,267 $4,954,843 $3,679,688 $1,275,155
2017 $58,230 $4,857,690 $3,607,538 $1,250,152
2016 $49,029 $4,106,960 $3,536,802 $570,158
2015 $47,961 $4,047,211 $3,483,676 $563,535
2014 $47,694 $3,967,933 $3,415,436 $552,497
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81842156

MLSListings

APN: 124-09-022