NOT LISTED FOR SALE

Estimated Value: $3,516,001 - $4,403,000

4 Beds
3 Baths
1,810 Sq Ft
$2,099/Sq Ft Est. Value

Last Sold July 26, 2019

Last sale price $3,160,000 $1,746 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $24,662/month

7 Days on Market

Highlights

  • Primary Bedroom Suite
  • Craftsman Architecture
  • Quartz Countertops
  • Addison Elementary School Rated A+
  • Wood Flooring
  • 4-minute walk to Cogswell Plaza

About This Home

As of July 2019

Amazing home in downtown Palo Alto just 3 blocks from University Ave. Entirely rebuilt and expanded in 2014, the home can be a two-story single-family with 4 beds and 3 baths, with the perfect quarters for a multi-generational family, or can be two distinct and separate living spaces. The highest quality designer finishes are throughout. Open concept main level has large living/dining area with 5.1 surround sound, stunning gourmet kitchen, white oak floors, 2 beds, and 2 baths, including luxury master suite. Lower level, with inside and outside access, has open living area with kitchen, 2 beds, 1 bath, and private laundry. All kinds of extras like video doorbell, blackout blinds, separate security/heating/air conditioning for each level, dual-pane windows, fire sprinklers, and more. Low maintenance corner lot, urban walkability to shops, restaurants and Caltrain. A rare opportunity not to be missed.

Last Agent to Sell the Property

Liz Blank

Intero Real Estate Services License #01887904 Listed on: 06/19/2019

Intero Real Estate Services

Co-Listed By

David Troyer

Intero Real Estate Services License #01234450

Last Buyer's Agent

LAURA BRYANT

KW Advisors License #01818707

KW Advisors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $40,806

Year Built

  • Built in 1910

Lot Details

  • 3,202 Sq Ft Lot
  • Zoning described as RM2

Parking

  • 1 Car Detached Garage
  • Off-Street Parking

Home Design

  • Craftsman Architecture
  • Pillar, Post or Pier Foundation
  • Composition Roof

Interior Spaces

  • 1,810 Sq Ft Home
  • 1-Story Property
  • Family or Dining Combination
  • Wood Flooring
  • Washer and Dryer

Kitchen

  • Open to Family Room
  • Gas Oven
  • Microwave
  • Dishwasher
  • Quartz Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Remodeled Bathroom
  • 3 Full Bathrooms

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 120-25-031

Home Details

Home Type

Single Family

Est. Annual Taxes

$40,806

Year Built

Built in 1910

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Craftsman
  • Age: 109
  • Listing Class: Residential
  • Structure Sq Ft: 1810
  • Year Built: 1910
  • Zoning Description: RM2
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: Dining Area in Family Room
  • Kitchen: Countertop - Quartz, Dishwasher, Microwave, Oven - Gas, Oven Range - Built-In, Gas, Refrigerator
  • Living Sq Ft: 1810
  • Stories: 1
  • Bedrooms: Primary Suite / Retreat, More than One Bedroom on Ground Floor
  • Laundry: Washer / Dryer
  • Flooring: Hardwood
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Bathroom: Updated Bath

Exterior Features

  • Foundation: Pillars / Posts / Piers
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 2
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Detached Garage, Off-Street Parking

Utilities

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

Schools

  • School District: Palo Alto Unified
  • Elementary School: Addison Elementary
  • Middle School: Frank S. Greene Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 309
  • Middle School: 329

Lot Info

  • Parcel Number: 120-25-031
  • Lot Acres: 0.0735
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3203.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3203.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Addison Elementary
  • High School Text: Palo Alto High
  • Middle School Text: Frank S. Greene Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2019
Closed on
Jun 28, 2019
Sold by
Kang Alex and Liu Jennifer
Bought by
Suh Nancy
Seller's Agent
Liz Blank
Intero Real Estate Services
Buyer's Agent
LAURA BRYANT
KW Advisors
List Price
$3,150,000
Sold Price
$3,160,000
Premium/Discount to List
$10,000
0.32%
Total Days on Market
7
Current Estimated Value
$3,798,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$638,500
Avg. Annual Appreciation
3.83%
Original Mortgage
$2,528,000
Outstanding Balance
$2,233,635
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$1,704,032

Purchase Details

Closed on
Nov 18, 2017
Sold by
Kang Alex and Liu Jennifer
Bought by
Kang Alex and Liu Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$744,000
Interest Rate
3.88%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Feb 7, 2014
Closed on
Jan 22, 2014
Sold by
Weinstein Dov and Weinstein Itay
Bought by
Kang Alex and Liu Jennifer
Seller's Agent
Erick Motta
3D Realty
Buyer's Agent
Nonmember Nonmember
Nonmember
List Price
$1,555,000
Sold Price
$1,555,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.55%
Original Mortgage
$1,050,000
Interest Rate
4.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 2, 2005
Sold by
Grant Henry
Bought by
Santa Clara County Public Guardian
Source: Public Records

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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
Suh Nancy $3,160,000 First American Title Company
Kang Alex -- None Available
Kang Alex $1,555,000 Fidelity National Title Co
Santa Clara County Public Guardian -- --
Santa Clara County Public Guardian -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Suh Nancy $2,528,000
Previous Owner Kang Alex $744,000
Previous Owner Kang Alex $869,000
Previous Owner Kang Alex $931,200
Previous Owner Kang Alex $1,050,000
Previous Owner Santa Clara County Public Guardian $938,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2019 07/26/19 Sold $3,160,000 +0.3% $1,746 / Sq Ft
06/27/2019 06/27/19 Pending -- -- --
06/19/2019 06/19/19 For Sale $3,150,000 +102.6% $1,740 / Sq Ft
02/07/2014 02/07/14 Sold $1,555,000 -2.8% $1,347 / Sq Ft
02/07/2014 02/07/14 Sold $1,600,000 +2.9% $1,386 / Sq Ft
02/07/2014 02/07/14 Pending -- -- --
02/07/2014 02/07/14 For Sale $1,555,000 +55.5% $1,347 / Sq Ft
01/20/2014 01/20/14 Pending -- -- --
12/07/2013 12/07/13 For Sale $1,000,000 -- $867 / 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 $40,806 $3,388,155 $2,315,954 $1,072,201
2023 $40,208 $3,321,722 $2,270,544 $1,051,178
2022 $39,746 $3,256,591 $2,226,024 $1,030,567
2021 $38,964 $3,192,737 $2,182,377 $1,010,360
2020 $38,154 $3,160,000 $2,160,000 $1,000,000
2019 $33,268 $2,728,824 $1,537,933 $1,190,891
2018 $32,349 $2,675,319 $1,507,778 $1,167,541
2017 $31,781 $2,622,863 $1,478,214 $1,144,649
2016 $30,948 $2,571,435 $1,449,230 $1,122,205
2015 $19,678 $1,602,298 $1,427,462 $174,836
2014 $11,448 $904,086 $853,859 $50,227
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81757324

MLSListings

APN: 120-25-031