NOT LISTED FOR SALE

2051 Waverley St Palo Alto, CA 94301

Old Palo Alto Neighborhood

Estimated Value: $25,288,532

0.61 Acre
$41,799,226 Price per Acre
26,354 Sq Ft Lot

Last Sold January 14, 2014

Last sale price $11,400,000 $4,300 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $153,556/month

71 Days on Market

About This Lot

As of January 2014

CORNER OF SANTA RITA AND WAVERLEY...PRIME OLD PALO ALTO LOCATION...BUILD YOUR DREAM HOME ON THIS RARE 26,951 SQ.FT LOT/.618 ACRES (PER SURVEY BY WEC & ASSOCIATES) TOPOGRAPHIC SURVEY AVAILABLE.

Last Agent to Sell the Property

Mary Gullixson

Compass License #70001879 Listed on: 10/29/2013

Compass

Last Buyer's Agent

Alireza Faghiri

Compass License #01247404

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $161,850

Lot Details

Additional Features

  • Partially Fenced Property
  • Gas Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$161,850

Lot Details

0

Listing Details

  • Zoning: R1929
  • Subclass: Residential Lot
  • Inspections Reports: Flood Zone, Fault Zone
  • Listing Class: Residential Lots & Land
  • Present Use: Vacant
  • Development Status: Topographical Map Available, Have Building Plans
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Local/Neighborhood
  • Fencing: Partial Fencing

Schools

  • School District: Palo Alto Unified

Lot Info

  • Lot Number: 6
  • Lot Location: Corner
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 26344.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 26344.00
  • Lot Size Area Min Search: 26344.00
  • Maximum Lot Size: 26344.00
  • Parcel Access: City Street

Rental Info

  • Lease Amount: 12000000

Multi Family

  • Utilities: On Pole, Gas - Available At Street

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2013
Closed on
Jan 9, 2014
Sold by
Bamford Roger J
Bought by
The Heights Residence Llc
Seller's Agent
Mary Gullixson
Compass
Buyer's Agent
Alireza Faghiri
Compass
List Price
$12,000,000
Sold Price
$11,400,000
Premium/Discount to List
-$600,000
-5%
Current Estimated Value
$25,288,532

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,888,532
Avg. Annual Appreciation
6.68%

Purchase Details

Listed on
May 4, 2012
Closed on
Oct 22, 2012
Sold by
Boyett Susan Patricia
Bought by
Bamford Roger J
Seller's Agent
Hanna Shacham
Coldwell Banker Realty
Buyer's Agent
Mary Gullixson
Compass
List Price
$11,495,000
Sold Price
$9,000,000
Premium/Discount to List
-$2,495,000
-21.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.38%

Purchase Details

Closed on
Sep 19, 2011
Sold by
Boyett Juanita E
Bought by
Boyett Juanita Elizabeth
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
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
The Heights Residence Llc $11,399,750 First American Title Company
Bamford Roger J $8,999,750 First American Title Company
Boyett Juanita Elizabeth -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Heights Residence Llc $5,250,000
Previous Owner Boyett Juanita E $3,600,000
Previous Owner Boyett Juanita E $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2014 01/14/14 Sold $11,400,000 -5.0% $4,300 / Sq Ft
01/08/2014 01/08/14 Pending -- -- --
10/29/2013 10/29/13 For Sale $12,000,000 +33.3% $4,527 / Sq Ft
10/25/2012 10/25/12 Sold $9,000,000 -12.2% $3,395 / Sq Ft
09/26/2012 09/26/12 Pending -- -- --
09/14/2012 09/14/12 Price Changed $10,250,000 -10.8% $3,866 / Sq Ft
05/04/2012 05/04/12 For Sale $11,495,000 -- $4,336 / 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 $161,850 $13,700,824 $13,700,824 --
2023 $159,491 $13,432,181 $13,432,181 $0
2022 $157,692 $13,168,805 $13,168,805 $0
2021 $154,594 $12,910,594 $12,910,594 $0
2020 $151,323 $12,778,212 $12,778,212 $0
2019 $149,681 $12,527,659 $12,527,659 $0
2018 $145,468 $12,282,019 $12,282,019 $0
2017 $142,926 $12,041,196 $12,041,196 $0
2016 $139,211 $11,805,095 $11,805,095 $0
2015 $137,892 $11,627,772 $11,627,772 $0
2014 $107,653 $9,040,859 $9,033,828 $7,031
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Mary Gullixson

    Compass

    Section Image

  • A

    Buyer's Agent in 2014

    Alireza Faghiri

    Compass

    Section Image

  • M

    Buyer's Agent in 2014

    Marcillina Bowers

  • Hanna Shacham

    Seller's Agent in 2012

    Hanna Shacham

    Coldwell Banker Realty

    (650) 752-0767

    5 in this area

    31 Total Sales

    Hanna Shacham
    Section Image
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Map

Source: MLSListings

MLS Number: ML81339388

MLSListings

APN: 124-09-014

California Santa Clara County Palo Alto 94301 Old Palo Alto

2051 Waverley St, Palo Alto, CA

This home is located at 2051 Waverley St, Palo Alto, CA 94301 since 29 October 2013 and is currently estimated at $25,288,532, approximately $9,539 per square foot. 2051 Waverley St is a home located in Santa Clara County with nearby schools including Walter Hays Elementary, Frank S. Greene Jr. Middle, and Palo Alto High School.

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