NOT LISTED FOR SALE

Estimated Value: $4,375,000 - $5,809,000

4 Beds
2.5 Baths
2,736 Sq Ft
$1,866/Sq Ft Est. Value

Highlights

  • Wood Flooring
  • Den
  • Formal Dining Room
  • Walter Hays Elementary Rated A+
  • Breakfast Area or Nook
  • Fireplace

About This Home

As of June 2020

Superb executive family home ideally situated in prime Old Palo Alto, in walking/biking distance to Walter Hays Elem, Green Middle, Palo Alto High schools & Castilleja (Tenant to verify schools' availability). Over 2,700 sft of comfortable living space with formal living and dining rooms, family room, study and half bath on the main level, sparkling hardwood floors, chef's kitchen with new Thermador gas cook top, stainless steel appliances. Newly carpeted upper level offers a spacious master suite retreat with private deck, plus 3 bedrooms and a large bathroom, laundry room. Freshly painted int and ext. Beautiful private backyard oriented to the SW to entertain and play. Attached 2 car garage. Great neighborhood. Shopping & restaurants nearby. Gardener included. Tenant pays for utilities. No smoking on the property. Small to medium size pets considered. Security Deposit $ 15,000. Credit and background checks required for all applicants. Excellent value. Call for info & questions.

Last Agent to Rent the Property

Jean-Luc Laminette

Compass License #01847917 Listed on: 05/09/2020

Compass

Last Renter's Agent

Margaret Bening

H & H Property Investments Inc License #01068151

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,055

Year Built

  • 1988

Lot Details

  • 5,001 Sq Ft Lot
  • Grass Covered Lot
  • Back Yard

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2,736 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Double Pane Windows
  • Separate Family Room
  • Formal Dining Room
  • Den

Kitchen

  • Breakfast Area or Nook
  • Electric Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Security Deposit $15,000
  • Property Available on 6/11/20
  • Rent includes gardener
  • 12-Month Minimum Lease Term

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,055

Year Built

1988

Lot Details

0

Parking

2

Rental Info

  • Available: 06/11/2020
  • Lease Terms: Credit Report Required
  • Minimum Lease Months: 12
  • Rent Includes: Gardener
  • Security Deposit: 15000

Listing Details

  • Subclass: House For Rent
  • Age: 32
  • Listing Class: Residential Lease/Rental
  • Structure Sq Ft: 2736
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1988

Interior Features

  • Family Room: Separate Family Room
  • Dining Room: Breakfast Nook, Formal Dining Room
  • Kitchen: Cooktop - Gas, Dishwasher, Island, Microwave, Oven - Electric, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 2736
  • Stories: 2
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Hardwood, Tile
  • Additional Rooms: Laundry Room, Office Area
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Yard/Grounds: Back Yard, Low Maintenance

Garage/Parking

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

Utilities

  • Heating System: Central Forced Air - Gas

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: 0.1148
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5000.00

Green Features

  • Energy Features: Double Pane Windows

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 11, 2014
Sold by
Shorin James M and Shorin Michelle M
Bought by
The Shorin Revocable Trust and Shorin Michelle Marie
Current Estimated Value
$5,105,717

Purchase Details

Closed on
Feb 1, 1995
Sold by
Morris Richard Gordon and Morris Vicki
Bought by
Shorin James M and Shorin Michelle M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$234,556
Interest Rate
3.95%
Estimated Equity
$4,871,161
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

Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2020 06/27/20 Rented $8,995 0.0% --
06/25/2020 06/25/20 Under Contract -- -- --
06/11/2020 06/11/20 Price Changed $8,995 -5.3% $3 / Sq Ft
05/09/2020 05/09/20 For Rent $9,500 -- --
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 $18,055 $1,479,808 $739,904 $739,904
2024 $18,055 $1,450,794 $725,397 $725,397
2023 $17,788 $1,422,348 $711,174 $711,174
2022 $17,578 $1,394,460 $697,230 $697,230
2021 $17,232 $1,367,118 $683,559 $683,559
2020 $16,884 $1,353,100 $676,550 $676,550
2019 $16,696 $1,326,570 $663,285 $663,285
2018 $16,247 $1,300,560 $650,280 $650,280
2017 $15,961 $1,275,060 $637,530 $637,530
2016 $15,541 $1,250,060 $625,030 $625,030
2015 $15,386 $1,231,284 $615,642 $615,642
2014 $14,951 $1,207,166 $603,583 $603,583
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81791953

MLSListings

APN: 124-19-038