NOT LISTED FOR SALE

Estimated Value: $7,193,000 - $8,509,000

6 Beds
5.5 Baths
4,500 Sq Ft
$1,754/Sq Ft Est. Value

Last Sold May 18, 2012

Last sale price $5,098,000 $1,133 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $49,143/month

3 Days on Market

Highlights

  • Wine Cellar
  • Private Pool
  • Fireplace in Primary Bedroom
  • Walter Hays Elementary Rated A+
  • Primary Bedroom Suite
  • Vaulted Ceiling

About This Home

As of May 2012

Custom crafted in 2007 and maintained in meticulous detail. The home offers 4500 square feet of living space set on a large manicured lot, 6 bedrooms, luxurious office, 5 full baths, 1 powder bath, home theater, sauna, wine cellar, multiple family rooms, unique artisan stone and tile finishes, Brazilian Walnut floors, large in ground pool, multiple patios and terraces, and a detached garage.

Last Agent to Sell the Property

Morgan Lashley

Morgan Lashley Distinctive Properties License #01340271 Listed on: 05/03/2012

Last Buyer's Agent

Shawn Luo

AEZ Investment, Inc. License #01853029

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $74,740

Year Built

  • Built in 2007

Lot Details

  • Fenced
  • Sprinklers on Timer
  • Zoning described as R1

Parking

  • 1 Car Detached Garage

Home Design

  • Spanish Architecture
  • Tile Roof

Interior Spaces

  • 4,500 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Central Vacuum
  • Vaulted Ceiling
  • Skylights
  • Gas Log Fireplace
  • Double Pane Windows
  • Formal Entry
  • Wine Cellar
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Den
  • Library

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Eat-In Kitchen
  • Built-In Oven
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Barbecue Area

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 124-03-044

Home Details

Home Type

Single Family

Est. Annual Taxes

$74,740

Year Built

Built in 2007

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Spanish
  • Age: 5
  • Sale Price Per Sq Ft: 1132.89
  • Level Street Main: Bedroom(s)
  • Listing Class: Residential
  • Structure Sq Ft: 4500
  • Barclay Horizontal: 10
  • Barclays Page: 12
  • Incorporated: Yes
  • Map Book Page: 791
  • Map Book Page Secondary: 12
  • Map Side Coordinate: 5
  • Map Side Coordinate Secondary: 83
  • Map Top Coordinate: B
  • Map Top Coordinate Secondary: 10
  • Thomas Bros Page: 791
  • Thomas Brothers: B5
  • Year Built: 2007
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room, Kitchen / Family Room Combo
  • Fireplace: Family Room, Living Room, Primary Bedroom, Gas Log, Yes
  • Dining Room: Dining Area in Living Room, Breakfast Nook, Eat in Kitchen
  • Kitchen: Garbage Disposal, Refrigerator, Dishwashers - 2+, Oven - Built-In, Oven Range - Built-In, 220 Volt Outlet, Hookups - Gas
  • Living Sq Ft: 4500
  • Stories: 3
  • Security: Security Alarm - Owned
  • Bedrooms: Primary Suite / Retreat, Ground Floor Bedroom
  • Laundry: In Laundry Room, Dryer, Washer, Gas Hookup, 220 Volt Outlet
  • Flooring: Tile, Hardwood
  • Additional Rooms: Library, Den / Study / Office, Rec/Rumpus Room, Formal Entry, Basement - Full, Wine Cellar / Storage, Storage
  • Maximum Bathrooms: 6
  • Maximum Numberof Bedrooms: 6
  • Minimum Bathrooms: 6
  • Minimum Numberof Bedrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Bathroom: Showers over Tubs - 2+, Tubs - 2+, Stall Shower - 2+, Tub in Primary Bedroom, Tub with Jets, Sauna

Exterior Features

  • Pool Description: In Ground Concrete, Pool - Yes
  • Roof: Tile
  • View: Local/Neighborhood
  • Yard/Grounds: Patio(s), Patio(s)/Deck(s) - Covered, Sprinkler(s) - Front, Sprinkler(s) - Rear, Sprinklers - Auto, BBQ Area, Fenced
  • Pool: Yes
  • Exterior: Stucco

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Detached Garage

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Window Covering(s), Double Pane Windows(s), High Ceiling, Vaulted Ceiling, Wet Bar, Built-in Vacuum

Schools

  • School District: Palo Alto Unified
  • Elementary School: Walter Hays Elementary
  • Middle School: David Starr Jordan Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 315
  • Middle School: 329

Lot Info

  • Parcel Number: 124-03-044
  • List Price per Sq Ft: 1132.89
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7370.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 7370.00
  • Lot Size Area Min Search: 7370.00
  • Maximum Lot Size: 7370.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Green Features

  • Energy Features: Double Pane Windows, Skylight

Multi Family

  • Maximum Building Height: 3
  • Minimum Building Height: 3

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 24, 2023
Sold by
Que Wenbin
Bought by
He Xiaolan
Current Estimated Value
$7,891,382

Purchase Details

Closed on
Apr 18, 2023
Sold by
Xiaolan He Trust
Bought by
He Xiaolan

Purchase Details

Closed on
May 20, 2016
Sold by
He Xiaolan
Bought by
He Xiaolan

Purchase Details

Listed on
May 3, 2012
Closed on
May 14, 2012
Sold by
Cai Jingming and Zhang Hong
Bought by
He Xiaolan
Seller's Agent
Morgan Lashley
Morgan Lashley Distinctive Properties
Buyer's Agent
Shawn Luo
AEZ Investment, Inc.
List Price
$5,098,000
Sold Price
$5,098,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.34%

Purchase Details

Closed on
Mar 21, 2005
Sold by
Lawder Shirley S
Bought by
Cai Jingming and Zhang Hong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,346,400
Interest Rate
1.75%
Mortgage Type
New Conventional
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
He Xiaolan -- None Listed On Document
He Xiaolan -- None Listed On Document
He Xiaolan -- None Available
He Xiaolan $5,097,750 First American Title Company
Cai Jingming $1,683,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cai Jingming $225,000
Previous Owner Cai Jingming $2,500,000
Previous Owner Cai Jingming $140,000
Previous Owner Cai Jingming $360,000
Previous Owner Cai Jingming $2,664,000
Previous Owner Cai Jingming $996,000
Previous Owner Cai Jingming $495,000
Previous Owner Cai Jingming $1,000,000
Previous Owner Cai Jingming $495,000
Previous Owner Cai Jingming $1,000,000
Previous Owner Cai Jingming $346,000
Previous Owner Cai Jingming $1,346,400
Closed He Xiaolan $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2012 05/18/12 Sold $5,098,000 0.0% $1,133 / Sq Ft
05/06/2012 05/06/12 Pending -- -- --
05/03/2012 05/03/12 For Sale $5,098,000 -- $1,133 / 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 $74,740 $6,403,370 $3,768,167 $2,635,203
2024 $74,740 $6,277,815 $3,694,282 $2,583,533
2023 $73,648 $6,154,722 $3,621,846 $2,532,876
2022 $72,811 $6,034,042 $3,550,830 $2,483,212
2021 $71,379 $5,915,728 $3,481,206 $2,434,522
2020 $69,879 $5,855,070 $3,445,511 $2,409,559
2019 $69,118 $5,740,265 $3,377,952 $2,362,313
2018 $67,188 $5,627,712 $3,311,718 $2,315,994
2017 $66,013 $5,517,366 $3,246,783 $2,270,583
2016 $64,294 $5,409,183 $3,183,121 $2,226,062
2015 $63,680 $5,327,933 $3,135,308 $2,192,625
2014 $62,549 $5,223,567 $3,073,892 $2,149,675
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81216463

MLSListings

APN: 124-03-044