NOT LISTED FOR SALE

194 Ferne Ct Palo Alto, CA 94306

Greenmeadow Neighborhood

Estimated Value: $3,423,000 - $4,118,000

4 Beds
2 Baths
1,978 Sq Ft
$1,929/Sq Ft Est. Value

Last Sold November 12, 2021

Last sale price $3,368,000 $1,703 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $24,300/month

5 Days on Market

Highlights

  • Primary Bedroom Suite
  • Skyline View
  • Vaulted Ceiling
  • Fairmeadow Elementary School Rated A+
  • Eichler Home
  • Solid Surface Bathroom Countertops

About This Home

As of November 2021

Come see and enjoy this wonderful light-filled Eichler! Beautiful atrium entry, raised open beam ceilings, and walls of windows are hallmarks of this home yielding abundant natural light and providing for seamless indoor outdoor integration. Spacious and serene master suite with remodeled bathroom and large walk-in closet. Light and bright eat-in kitchen with new stainless steel appliances. In addition to four bedrooms, the home includes a bonus hobby room and large separate dining room. Ideally situated on a large lot in the highly desirable community of Greenmeadow.

Last Agent to Sell the Property

Tim Foy

Midtown Realty License #00849721 Listed on: 10/07/2021

Last Buyer's Agent

Heidi Tang

Valley Vine Realty License #01844255

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $42,085

Year Built

  • 1961

Lot Details

  • 7,967 Sq Ft Lot
  • Wood Fence
  • Back Yard Fenced

Parking

  • 2 Car Garage

Home Design

  • Eichler Home
  • Contemporary Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Tar and Gravel Roof

Interior Spaces

  • 1,978 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Bonus Room
  • Skyline Views

Kitchen

  • Eat-In Kitchen
  • Corian Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Solid Surface Bathroom Countertops
  • Dual Sinks
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Washer and Dryer

Outdoor Features

  • Outside Bathroom Access
  • Balcony

Utilities

  • Heating System Uses Gas
  • Radiant Heating System

Community Details

  • Rental Restrictions
  • Courtyard

Home Details

Home Type

Single Family

Est. Annual Taxes

$42,085

Year Built

1961

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1B8
  • Subclass: Single Family Home
  • Style: Contemporary, Eichler
  • Restrictions: Family Park, Height Restrictions, Park Rental Restrictions
  • Age: 60
  • Listing Class: Residential
  • Structure Sq Ft: 1978
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1961

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room, Wood Burning
  • Dining Room: Eat In Kitchen, Formal Dining Room
  • Kitchen: Countertop - Solid Surface / Corian
  • Fireplace: Yes
  • Living Sq Ft: 1978
  • Stories: 1
  • Bedrooms: Primary Suite / Retreat, Walk-In Closet
  • Laundry: Inside, Washer / Dryer
  • Flooring: Laminate, Tile
  • Additional Rooms: Bonus / Hobby Room
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Outside Access, Primary - Stall Shower(s), Shower Over Tub - 1, Skylight, Solid Surface, Updated Bath

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tar And Gravel
  • Yard/Grounds: Back Yard, Balcony / Patio, Courtyard
  • Fencing: Fenced Back, Wood
  • Construction Type: Wood, Wood Frame

Garage/Parking

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

Utilities

  • Heating System: Gas, Radiant
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • Complex Name: Greenmeadow Community Associatio

Association/Amenities

  • Amenities Miscellaneous: Open Beam Ceiling, Vaulted Ceiling, Walk-In Closet

Schools

  • School District: Palo Alto Unified

Lot Info

  • Lot Acres: 0.1829
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7969.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7969.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2021
Closed on
Nov 5, 2021
Sold by
Schubert William Ray and William And Mary E Schubert 20
Bought by
Lou Yucun and Yang Jing
Seller's Agent
Tim Foy
Midtown Realty
Buyer's Agent
Heidi Tang
Valley Vine Realty
List Price
$2,895,000
Sold Price
$3,368,000
Premium/Discount to List
$473,000
16.34%
Current Estimated Value
$3,816,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$448,070
Avg. Annual Appreciation
3.39%
Original Mortgage
$2,694,400
Outstanding Balance
$2,474,804
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$1,341,266

Purchase Details

Closed on
Feb 4, 2021
Sold by
Schubert Mary Elizabeth
Bought by
Schubert William Ray

Purchase Details

Closed on
Dec 28, 2006
Sold by
Schubert William and Schubert Mary E
Bought by
Schubert William and Schubert Mary E
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
Lou Yucun $3,368,000 Old Republic Title Company
Schubert William Ray -- --
Schubert William -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lou Yucun $200,000
Open Lou Yucun $2,694,400
Previous Owner Schubert William Ray $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2021 11/12/21 Sold $3,368,000 +16.3% $1,703 / Sq Ft
10/13/2021 10/13/21 Pending -- -- --
10/07/2021 10/07/21 For Sale $2,895,000 -- $1,464 / 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 $42,085 $3,574,148 $3,077,503 $496,645
2024 $42,085 $3,504,067 $3,017,160 $486,907
2023 $39,869 $3,435,360 $2,958,000 $477,360
2022 $40,990 $3,368,000 $2,900,000 $468,000
2021 $2,575 $135,901 $36,253 $99,648
2020 $2,457 $134,509 $35,882 $98,627
2019 $2,423 $131,873 $35,179 $96,694
2018 $2,376 $129,289 $34,490 $94,799
2017 $2,331 $126,755 $33,814 $92,941
2016 $2,263 $124,270 $33,151 $91,119
2015 $2,232 $122,405 $32,654 $89,751
2014 $2,089 $120,008 $32,015 $87,993
Source: Public Records

Agents Affiliated with this Home

  • Tim Foy

    Seller's Agent in 2021

    Tim Foy

    Midtown Realty

    (650) 387-5078

    19 in this area

    95 Total Sales

    Section Image
  • Heidi Tang

    Buyer's Agent in 2021

    Heidi Tang

    Valley Vine Realty

    (510) 316-4797

    1 in this area

    130 Total Sales

    Section Image
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Map

Source: MLSListings

MLS Number: ML81865835

MLSListings

APN: 147-32-030

California Santa Clara County Palo Alto 94306 Greenmeadow

194 Ferne Ct, Palo Alto, CA

This home is located at 194 Ferne Ct, Palo Alto, CA 94306 since 07 October 2021 and is currently estimated at $3,816,070, approximately $1,929 per square foot. This property was built in 1961. 194 Ferne Ct is a home located in Santa Clara County with nearby schools including Fairmeadow Elementary School, Jane Lathrop Stanford Middle School, and Henry M. Gunn High School.

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