NOT LISTED FOR SALE

1954 Mcnair St East Palo Alto, CA 94303

Estimated Value: $1,505,000 - $1,666,000

4 Beds
2.5 Baths
2,020 Sq Ft
$785/Sq Ft Est. Value

Last Sold March 31, 2015

Last sale price $860,000 $426 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $9,880/month

8 Days on Market

Highlights

  • Cape Cod Architecture
  • Park or Greenbelt View
  • Corian Countertops
  • Menlo-Atherton High School Rated A
  • High Ceiling
  • Breakfast Area or Nook

About This Home

As of March 2015

Cape Cod charmer, 14 years new. Choice location on quiet street overlooking a lovely city park. 4 Bedrooms and 2.5 Bathrooms, including a spacious master suite. 4th Bedroom currently used as a home office. Dramatic Living Room and Formal Dining Area with tall ceiling. Separate Family Room. Gourmet eat-in Kitchen with center island, Corian countertops, maple cabinets. Laundry Area upstairs with washer/dryer. Private rear yard with two patios. 2 car Garage.

Last Agent to Sell the Property

Robin Wrigley

Compass License #00853245 Listed on: 03/05/2015

Compass

Last Buyer's Agent

Gordana Wolfman

Century 21 Real Estate Alliance Inc License #01269701

Century 21 Real Estate Alliance Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,971

Year Built

  • Built in 2001

Lot Details

  • 3,485 Sq Ft Lot
  • Wood Fence
  • Level Lot
  • Sprinklers on Timer
  • Grass Covered Lot
  • Back Yard Fenced
  • Zoning described as R1

Parking

  • 2 Car Garage

Home Design

  • Cape Cod Architecture
  • Traditional Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,020 Sq Ft Home
  • 2-Story Property
  • Wired For Sound
  • High Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Formal Entry
  • Separate Family Room
  • Combination Dining and Living Room
  • Park or Greenbelt Views
  • Alarm System

Kitchen

  • Breakfast Area or Nook
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Kitchen Island
  • Corian Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Bathtub with Shower

Laundry

  • Laundry on upper level
  • Washer and Dryer

Outdoor Features

  • Balcony

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Vented Exhaust Fan
  • Sewer Within 50 Feet
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Association fees include management fee
  • Massingham Association
  • Built by University Square

Listing and Financial Details

  • Assessor Parcel Number 063-664-110

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,971

Year Built

Built in 2001

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Cape Cod, Traditional
  • Age: 14
  • Listing Class: Residential
  • Structure Sq Ft: 2020
  • Complex Name: University Square
  • Incorporated: Yes
  • Year Built: 2001
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Dining Room: Breakfast Nook, Dining Area in Living Room
  • Kitchen: Cooktop - Gas, Countertop - Solid Surface / Corian, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Island, Oven Range - Gas, Pantry Cabinet, Refrigerator
  • Living Sq Ft: 2020
  • Stories: 2
  • Security: Security Alarm
  • Laundry: Hookup - Electric, Gas Hookup, Upper Floor, Washer, Washer / Dryer
  • Flooring: Carpet, Tile
  • Additional Rooms: Formal Entry
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Shower and Tub

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Shingle
  • View: Park
  • Yard/Grounds: Back Yard, Balcony / Patio, Low Maintenance, Sprinklers - Auto, Sprinklers - Lawn
  • Fencing: Fenced Back, Wood
  • Construction Type: Wood Frame

Garage/Parking

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

Utilities

  • Cooling System: Ceiling Fan, Central AC, Multi-Zone
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public, Sewer in Street

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Walk-in Closet

Condo/Co-op/Association

  • HOA Fees: 12
  • Association Fees Include: Management Fee
  • H O A Name Text: Massingham
  • H O A Exist: Yes

Schools

  • School District: Sequoia Union High

Lot Info

  • Lot Description: Grade - Level, Regular, Views
  • Parcel Number: 063-664-110
  • Lot Acres: 0.0800
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3500.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3500.00

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Sequoia Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2015
Closed on
Mar 23, 2015
Sold by
Montagna Kenneth E
Bought by
Gifford Vincent Ray and Gifford Michaela Cristina
Seller's Agent
Robin Wrigley
Compass
Buyer's Agent
Gordana Wolfman
Century 21 Real Estate Alliance Inc
List Price
$825,000
Sold Price
$860,000
Premium/Discount to List
$35,000
4.24%
Total Days on Market
8
Current Estimated Value
$1,607,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$747,108
Avg. Annual Appreciation
6.04%
Original Mortgage
$625,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2002
Sold by
Ravenswood Village Llc
Bought by
Montagna Kenneth E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$439,150
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
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
Gifford Vincent Ray $860,000 North American Title
Montagna Kenneth E $549,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gifford Vincent Ray $548,250
Closed Gifford Vencent Ray $566,000
Closed Gifford Vincent Ray $625,000
Previous Owner Montagna Kenneth E $27,000
Previous Owner Montagna Kenneth E $439,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2015 03/31/15 Sold $860,000 +4.2% $426 / Sq Ft
03/13/2015 03/13/15 Pending -- -- --
03/05/2015 03/05/15 For Sale $825,000 -- $408 / 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 $12,971 $1,033,581 $502,368 $531,213
2023 $12,971 $993,448 $482,861 $510,587
2022 $12,069 $973,970 $473,394 $500,576
2021 $11,820 $954,873 $464,112 $490,761
2020 $11,653 $945,083 $459,354 $485,729
2019 $11,687 $926,553 $450,348 $476,205
2018 $11,464 $908,386 $441,518 $466,868
2017 $11,056 $890,575 $432,861 $457,714
2016 $10,947 $873,114 $424,374 $448,740
2015 $8,822 $674,748 $337,374 $337,374
2014 $8,643 $661,532 $330,766 $330,766
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81453585

MLSListings

APN: 063-664-110