NOT LISTED FOR SALE

2135 Emerson St Palo Alto, CA 94301

Old Palo Alto Neighborhood

Estimated Value: $7,332,000 - $10,519,263

7 Beds
6.5 Baths
5,588 Sq Ft
$1,619/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $10,000,000 $1,790 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $61,912/month

101 Days on Market

Highlights

  • Wine Cellar
  • Primary Bedroom Suite
  • Recreation Room
  • Walter Hays Elementary Rated A+
  • Family Room with Fireplace
  • 3-minute walk to Bowden Park

About This Home

As of June 2023

New custom 3-story home, designed by acclaimed architects Young and Borlik in sought-after Old Palo Alto. Flexible, open, and sleek design with strong connection to outdoor spaces on each level. Lofty ceilings, custom walnut cabinetry, quartzite and marble finishes, 4 high-end linear fireplaces, and white ash floors. Separate living room plus huge great room with formal dining area and stunning kitchen with island. Lower level offers ultimate rec room with full bar and modern wine cellar. Includes 7 bedrooms, office, fitness center, and 6.5 bathrooms. Fully landscaped park-like grounds with space for a pool or ADU. Access to Palo Alto schools and minutes to Stanford University.

Last Agent to Sell the Property

Courtney Charney

Parc Agency Corporation License #01756013 Listed on: 03/05/2023

Last Buyer's Agent

Loren Dakin

Parc Agency Corporation License #01030193

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $119,911

Year Built

  • Built in 2022

Lot Details

  • 10,001 Sq Ft Lot
  • Property is Fully Fenced
  • Wood Fence
  • Sprinklers on Timer
  • Drought Tolerant Landscaping
  • Grass Covered Lot
  • Back Yard
  • Zoning described as R1

Parking

  • 1 Car Detached Garage
  • Electric Vehicle Home Charger
  • Garage Door Opener
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Steel Frame
  • Wood Frame Construction
  • Metal Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,588 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Entertainment System
  • High Ceiling
  • Skylights in Kitchen
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Bay Window
  • Mud Room
  • Formal Entry
  • Wine Cellar
  • Family Room with Fireplace
  • 4 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Recreation Room
  • Utility Room
  • Finished Basement

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Built-In Double Oven
  • Gas Cooktop
  • Range Hood
  • Freezer
  • Dishwasher
  • Wine Refrigerator
  • ENERGY STAR Qualified Appliances
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dual Sinks
  • Low Flow Toliet
  • Soaking Tub in Primary Bathroom
  • Bathtub with Shower
  • Oversized Bathtub in Primary Bathroom
  • Bathtub Includes Tile Surround
  • Steam Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer
  • Laundry Tub

Home Security

  • Alarm System
  • Fire and Smoke Detector
  • Fire Sprinkler System

Eco-Friendly Details

  • Energy-Efficient HVAC
  • Energy-Efficient Insulation
  • ENERGY STAR/CFL/LED Lights
  • Air Purifier

Outdoor Features

  • Balcony
  • Enclosed Patio or Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • Thermostat
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 124-19-086

Home Details

Home Type

Single Family

Est. Annual Taxes

$119,911

Year Built

Built in 2022

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Age: 1
  • Listing Class: Residential
  • Structure Sq Ft: 5588
  • Incorporated: Yes
  • Year Built: 2022
  • Zoning Description: R1
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Family Room, Gas Starter, Living Room
  • Dining Room: Breakfast Bar, Formal Dining Room, Skylight
  • Kitchen: Cooktop - Gas, Dishwasher, Exhaust Fan, Freezer, Garbage Disposal, Hood Over Range, Hookups - Gas, Oven - Built-In, Oven - Double, Refrigerator, Skylight, Wine Refrigerator
  • Living Sq Ft: 5588
  • Stories: 2
  • Security: Fire Alarm, Fire System - Sprinkler, Security Alarm
  • Bedrooms: Ground Floor Bedroom, Primary Suite / Retreat, Walk-in Closet
  • Laundry: Electricity Hookup (220V), Gas Hookup, Inside, Tub / Sink, Washer / Dryer
  • Additional Rooms: Basement - Finished, Den / Study / Office, Formal Entry, Laundry Room, Mud Room, Recreation Room, Storage, Utility Room, Wine Cellar / Storage
  • Fireplaces Min: 4
  • Maximum Numberof Bedrooms: 7
  • Minimum Numberof Bedrooms: 7
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Bathroom: Double Sinks, Primary - Oversized Tub, Primary - Stall Shower(s), Showers over Tubs - 2+, Steam Shower, Tile
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Metal
  • Yard/Grounds: Back Yard, Balcony / Patio, Drought Tolerant Plants, Fenced, Low Maintenance, Porch - Enclosed, Sprinklers - Auto, Sprinklers - Lawn
  • Fencing: Complete Perimeter, Mixed Height / Type, Wood
  • Construction Type: Steel Frame, Wood Frame

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Detached Garage, Electric Car Hookup, Gate / Door Opener, Off-Street Parking, On Street

Utilities

  • Cooling System: Central AC, Multi-Zone
  • Heating System: Central Forced Air, Heating - 2+ Zones
  • Sewer/Septic System: Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Air Purifier, Bay Window, High Ceiling, Skylight, Video / Audio System, Walk-in Closet, Wet Bar

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

  • Parcel Number: 124-19-086
  • Lot Acres: 0.2296
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 10000.00

Green Features

  • Energy Features: Double Pane Windows, Energy Star Appliances, Energy Star HVAC, Energy Star Lighting, Low Flow Toilet, Skylight, Tankless Water Heater, Thermostat Controller, Walls Insulated

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Walter Hays 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
Mar 5, 2023
Closed on
Jun 27, 2023
Sold by
Carter Family Trust
Bought by
Foosball Bear Llc
Seller's Agent
Courtney Charney
Parc Agency Corporation
Buyer's Agent
Loren Dakin
Parc Agency Corporation
List Price
$12,850,000
Sold Price
$10,000,000
Premium/Discount to List
-$2,850,000
-22.18%
Views
99
Current Estimated Value
$9,482,714

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$517,286
Avg. Annual Appreciation
-3.09%

Purchase Details

Listed on
May 30, 2018
Closed on
Jun 19, 2018
Sold by
Schumann Judy
Bought by
Carter Douglas M and Carter Haley C
Seller's Agent
Mary Prochnow
Prochnow Realtors
Buyer's Agent
Billy McNair
Coldwell Banker Realty
List Price
$3,500,000
Sold Price
$5,125,000
Premium/Discount to List
$1,625,000
46.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.24%
Original Mortgage
$3,562,500
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 9, 2014
Sold by
Terry Lenore C
Bought by
Terry Lenore C

Purchase Details

Closed on
Apr 29, 2014
Sold by
Terry Lenore C
Bought by
Terry Lenore C

Purchase Details

Closed on
Jul 22, 2010
Sold by
Terry Lenore C
Bought by
Terry Lenore C

Purchase Details

Closed on
Dec 29, 1999
Sold by
Terry Gladys L Trustee
Bought by
Terry Gladys Lenore
Source: Public Records

Range of Values:

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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
Foosball Bear Llc $10,000,000 Lawyers Title Company
Carter Douglas M $5,125,000 Old Republic Title Co
Terry Lenore C -- None Available
Terry Lenore C -- None Available
Terry Lenore C -- None Available
Terry Gladys Lenore -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carter Family Trust $3,500,000
Previous Owner Carter Douglas M $3,562,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $10,000,000 -9.0% $1,790 / Sq Ft
06/14/2023 06/14/23 Pending -- -- --
05/04/2023 05/04/23 Price Changed $10,995,000 -8.3% $1,968 / Sq Ft
03/25/2023 03/25/23 Price Changed $11,995,000 -6.7% $2,147 / Sq Ft
03/05/2023 03/05/23 For Sale $12,850,000 +150.7% $2,300 / Sq Ft
06/22/2018 06/22/18 Sold $5,125,000 +46.4% $5,120 / Sq Ft
06/13/2018 06/13/18 Pending -- -- --
05/30/2018 05/30/18 For Sale $3,500,000 -- $3,497 / 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 $119,911 $10,200,000 $5,712,000 $4,488,000
2023 $118,166 $13,662,935 $5,604,935 $8,058,000
2022 $159,588 $13,395,035 $5,495,035 $7,900,000
2021 $74,281 $6,229,740 $5,387,290 $842,450
2020 $62,887 $5,332,050 $5,332,050 $0
2019 $62,208 $5,227,500 $5,227,500 $0
2018 $50,754 $4,300,000 $4,200,000 $100,000
2017 $1,376 $105,659 $54,918 $50,741
2016 $1,247 $103,589 $53,842 $49,747
2015 $21,675 $1,835,979 $1,811,481 $24,498
2014 $1,215 $100,037 $51,996 $48,041
Source: Public Records

Agents Affiliated with this Home

  • Courtney Charney

    Seller's Agent in 2023

    Courtney Charney

    Parc Agency Corporation

    (650) 773-3758

    1 in this area

    32 Total Sales

    Section Image
  • Loren Dakin

    Buyer's Agent in 2023

    Loren Dakin

    Parc Agency Corporation

    (650) 714-8662

    2 in this area

    93 Total Sales

    Section Image
  • Mary Prochnow

    Seller's Agent in 2018

    Mary Prochnow

    Prochnow Realtors

    (650) 269-3120

    3 Total Sales

    Section Image
  • Billy McNair

    Buyer's Agent in 2018

    Billy McNair

    Coldwell Banker Realty

    (650) 862-3266

    2 in this area

    134 Total Sales

    Section Image
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Map

Source: MLSListings

MLS Number: ML81919830

MLSListings

APN: 124-19-086

California Santa Clara County Palo Alto 94301 Old Palo Alto

2135 Emerson St, Palo Alto, CA

This home is located at 2135 Emerson St, Palo Alto, CA 94301 since 05 March 2023 and is currently estimated at $9,047,088, approximately $1,619 per square foot. This property was built in 2022. 2135 Emerson 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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