NOT LISTED FOR SALE

Estimated Value: $2,480,000 - $3,874,000

2 Beds
1 Bath
1,000 Sq Ft
$3,405/Sq Ft Est. Value

Last Sold August 23, 2017

Last sale price $1,826,000 $1,826 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $21,199/month

12 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Bathtub
  • Barron Park Elementary School Rated A+
  • Skylights
  • Tile Countertops

About This Home

As of August 2017

Located in the sought after Ventura area of Palo Alto, this charming neighborhood with tree lined streets has a small town feel. This quaint 2 bedroom, 1 bath home abounds with timeless beauty. Thoughtfully updated, the charming built-in amenities evoke an old world character highlighted by a sun drenched living room, dining room and kitchen area accented with hardwood flooring. It is a perfect getaway with a large backyard deck and lounge area for outdoor barbecuing and entertaining. California Avenue Farmers Market, coffee shops, local businesses and fine dining are an easy stroll or bike ride from the house. Conveniently located near area parks and the train station. Top rated Palo Alto schools such as Barron Park Elementary, Terman Middle School (API 968), and Gunn High School (API 917) are nearby. Buyer to verify school eligibility.

Last Agent to Sell the Property

Jackie Schoelerman

Coldwell Banker Realty License #01092400 Listed on: 07/20/2017

Coldwell Banker Realty

Last Buyer's Agent

Suh Lee

Compass License #01933567

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $40,508

Year Built

  • Built in 1942

Lot Details

  • 7,139 Sq Ft Lot
  • Zoning described as R1

Parking

  • 2 Car Detached Garage

Home Design

  • Composition Roof
  • Stucco

Interior Spaces

  • 1,000 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Dining Area
  • Crawl Space
  • Tile Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 132-35-043

Home Details

Home Type

Single Family

Est. Annual Taxes

$40,508

Year Built

Built in 1942

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 1000
  • Year Built: 1942
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area
  • Kitchen: Countertop - Tile
  • Living Sq Ft: 1000
  • Stories: 1
  • Flooring: Carpet, Hardwood, Tile
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Tub

Exterior Features

  • Foundation: Crawl Space
  • Roof: Composition
  • Construction Type: Stucco

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Detached Garage

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Skylight

Schools

  • High School: 325

Lot Info

  • Parcel Number: 132-35-043
  • Lot Acres: 0.1639
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7140.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7140.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Barron Park Elementary
  • High School Text: Henry M. Gunn High
  • Middle School Text: Terman Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2017
Closed on
Aug 15, 2017
Sold by
Brant Kelly Miller and Schwenson Tracy Jo
Bought by
Luong Richard and Luong Tramy T
Seller's Agent
Jackie Schoelerman
Coldwell Banker Realty
Buyer's Agent
Suh Lee
Compass
List Price
$1,895,000
Sold Price
$1,826,000
Premium/Discount to List
-$69,000
-3.64%
Current Estimated Value
$3,405,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,579,043
Avg. Annual Appreciation
7.92%
Original Mortgage
$1,460,800
Outstanding Balance
$1,221,220
Interest Rate
4.03%
Mortgage Type
New Conventional
Estimated Equity
$2,183,823

Purchase Details

Closed on
Oct 19, 2011
Sold by
Brant Kelly Miller and Schwenson Tracy Jo
Bought by
Brant Kelly Miller and Schwenson Tracy Jo

Purchase Details

Closed on
Jun 24, 1996
Sold by
Schroeter Joshua K and Schroeter Sheryl
Bought by
Brant Kelly M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.7%
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
Luong Richard $1,826,000 Old Republic Title Company
Brant Kelly Miller -- None Available
Brant Kelly Miller -- None Available
Brant Kelly M $320,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luong Richard $1,460,800
Previous Owner Brant Kelly M $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2017 08/23/17 Sold $1,826,000 -3.6% $1,826 / Sq Ft
08/02/2017 08/02/17 Pending -- -- --
07/31/2017 07/31/17 For Sale $1,895,000 0.0% $1,895 / Sq Ft
07/27/2017 07/27/17 Pending -- -- --
07/20/2017 07/20/17 For Sale $1,895,000 -- $1,895 / 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 $40,508 $3,437,135 $1,991,200 $1,445,935
2024 $40,508 $3,369,741 $1,952,157 $1,417,584
2023 $39,688 $3,284,669 $1,913,880 $1,370,789
2022 $37,461 $3,071,578 $1,876,353 $1,195,225
2021 $28,536 $2,323,647 $1,839,562 $484,085
2020 $22,481 $1,835,546 $1,820,700 $14,846
2019 $22,978 $1,862,520 $1,785,000 $77,520
2018 $22,350 $1,826,000 $1,750,000 $76,000
2017 $6,317 $457,674 $329,216 $128,458
2016 $6,147 $448,701 $322,761 $125,940
2015 $6,081 $441,962 $317,913 $124,049
2014 $5,878 $433,306 $311,686 $121,620
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81670681

MLSListings

APN: 132-35-043