NOT LISTED FOR SALE

Estimated Value: $5,349,000 - $7,187,000

3 Beds
3.5 Baths
2,492 Sq Ft
$2,498/Sq Ft Est. Value

Last Sold September 30, 2022

Last sale price $5,300,000 $2,127 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $39,291/month

42 Days on Market

Highlights

  • Soaking Tub in Primary Bathroom
  • Main Floor Primary Bedroom
  • Den
  • Walter Hays Elementary Rated A+
  • High Ceiling
  • Formal Dining Room

About This Home

As of September 2022

Price adjustment! Custom house in the heart of Palo Alto! As you drive down the tree lined streets, the first thing you notice as you arrive is the unique style - a house where you will be proud to entertain your family and friends. There are custom touches everywhere. Exquisite Brazilian cherry wood floors, a kitchen with Wolf cooking station in the island, Viking double ovens, Sub Zero frig, Fisher & Paykel double drawer dishwasher, wonderful pantry, and expansive counter space. The primary bedroom is spacious along with vaulted ceilings - the primary bath has a large soaking tub and a walk-in closet with organizer already built in. Each bedroom has it's own private bath. The upstairs bedrooms is it's own hideaway, with a private balcony and bath. The front office could be used as a fourth bedroom, if needed, but makes a great office. Built-in speakers and alarm system. There's great entertaining space in the private backyard. Conveniently located to downtown and the freeway.

Last Agent to Sell the Property

Jim Hamilton

Compass License #00848111 Listed on: 07/14/2022

Compass

Last Buyer's Agent

Ying Wei

Goodview Financial & Real Estate License #02055224

Goodview Financial & Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $64,420

Year Built

  • 2008

Lot Details

  • 7,370

Parking

  • 2 Car Garage

Home Design

  • Raised Foundation
  • Tile Roof

Interior Spaces

  • 2,492 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Skylights
  • Formal Dining Room
  • Den

Kitchen

  • Double Oven
  • Gas Cooktop
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Bathroom on Main Level
  • Dual Sinks
  • Soaking Tub in Primary Bathroom
  • Oversized Bathtub in Primary Bathroom
  • Walk-in Shower

Laundry

  • Laundry in Utility Room
  • Washer and Dryer

Additional Features

  • 7,370 Sq Ft Lot
  • Forced Air Zoned Heating System

Home Details

Home Type

Single Family

Est. Annual Taxes

$64,420

Year Built

2008

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Age: 14
  • Listing Class: Residential
  • Structure Sq Ft: 2492
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2008

Interior Features

  • Family Room: No Family Room
  • Dining Room: Formal Dining Room
  • Kitchen: Cooktop - Gas, Dishwasher, Garbage Disposal, Island, Oven - Double, Pantry, Refrigerator
  • Living Sq Ft: 2492
  • Stories: 2
  • Bedrooms: More Than One Bedroom On Ground Floor, Primary Bedroom On Ground Floor, Walk-In Closet
  • Laundry: In Utility Room, Washer / Dryer
  • Additional Rooms: Den / Study / Office
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Full On Ground Floor, Half On Ground Floor, Primary - Oversized Tub, Primary - Stall Shower(s)

Exterior Features

  • Foundation: Raised
  • Roof: Tile

Garage/Parking

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

Utilities

  • Heating System: Central Forced Air - Gas, Heating - 2+ Zones
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Skylight, Walk-In Closet

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: 0.1692
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7370.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7370.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2022
Closed on
Sep 28, 2022
Sold by
Tae Yoo Trust
Bought by
Li Haisong and Han Chunling
Seller's Agent
Jim Hamilton
Compass
Buyer's Agent
Ying Wei
Goodview Financial & Real Estate
List Price
$5,499,000
Sold Price
$5,300,000
Premium/Discount to List
-$199,000
-3.62%
Views
1
Current Estimated Value
$6,225,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$925,917
Avg. Annual Appreciation
7.04%
Original Mortgage
$2,000,000
Outstanding Balance
$1,933,418
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$4,518,501

Purchase Details

Closed on
May 14, 2009
Sold by
Yoo Tae
Bought by
Yoo Tae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$554,000
Interest Rate
4.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2000
Sold by
Tae Yoo
Bought by
Yoo Tae

Purchase Details

Closed on
Oct 17, 1997
Sold by
Cannon Hazel E
Bought by
Yoo Tae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
7.49%

Purchase Details

Closed on
Apr 22, 1994
Sold by
Walker Gerald D and Walker Jacqueline W
Bought by
Cannon Hazel E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,150
Interest Rate
7.79%
Source: Public Records

Range of Values:

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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
Li Haisong $5,300,000 Old Republic Title
Yoo Tae -- Old Republic Title Company
Yoo Tae -- Old Republic Title Company
Yoo Tae -- --
Yoo Tae $945,000 First American Title Guarant
Cannon Hazel E $739,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Haisong $2,000,000
Previous Owner Yoo Tae $554,000
Previous Owner Yoo Tae $650,000
Previous Owner Cannon Hazel E $203,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2022 09/30/22 Sold $5,300,000 -1.8% $2,127 / Sq Ft
08/26/2022 08/26/22 Pending -- -- --
08/18/2022 08/18/22 Price Changed $5,399,000 -1.8% $2,167 / Sq Ft
07/14/2022 07/14/22 For Sale $5,499,000 -- $2,207 / 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 $64,420 $5,514,120 $4,889,880 $624,240
2024 $64,420 $5,406,000 $4,794,000 $612,000
2023 $63,493 $5,300,000 $4,700,000 $600,000
2022 $31,430 $2,557,989 $1,053,265 $1,504,724
2021 $30,811 $2,507,833 $1,032,613 $1,475,220
2020 $30,174 $2,482,119 $1,022,025 $1,460,094
2019 $29,842 $2,433,451 $1,001,986 $1,431,465
2018 $29,022 $2,385,738 $982,340 $1,403,398
2017 $28,513 $2,338,960 $963,079 $1,375,881
2016 $27,767 $2,293,099 $944,196 $1,348,903
2015 $27,498 $2,258,656 $930,014 $1,328,642
2014 $26,949 $2,214,413 $911,797 $1,302,616
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81900168

MLSListings

APN: 124-03-055