NOT LISTED FOR SALE

215 Coleridge Ave Palo Alto, CA 94301

Old Palo Alto Neighborhood

Estimated Value: $7,363,000

6 Beds
4.5 Baths
4,586 Sq Ft
$1,606/Sq Ft Est. Value

Last Sold December 14, 2017

Last sale price $23,495,000 $5,123 Per Sq Ft

Current estimated payment $47,404/month

6 Days on Market

Highlights

  • Private Pool
  • 0.75 Acre Lot
  • Wood Flooring
  • Walter Hays Elementary Rated A+
  • Family Room with Fireplace
  • Formal Dining Room

About This Home

As of December 2017

Prime location in Old Palo Alto-premium street surrounded by estate properties. Signature home with fine craftsmanship reminiscent of early California architecture contributing to the history of Palo Alto. The main residence consists of 6 generous bedrooms, plus dedicated office and sun room, 4.5 baths, formal living and dining rooms, family room, service area and a guest cottage. Expansive, private manicured gardens, sparkling pool, vast lawns, well-defined vegetable garden and pergola-covered terraces. Approximately 3/4 acre notably one of the largest lots in all of Old Palo-32,500 square feet comprised of two parcels with separate APN numbers. Within close proximity to downtown, Stanford University, Sand Hill Road venture companies, easy access to HWY 101, Excellent Palo Alto Schools. Rare offering in a prime location.

Last Agent to Sell the Property

Judy Citron

Compass License #01825569 Listed on: 11/30/2017

Compass

Last Buyer's Agent

Brian Chancellor

Christie's International Real Estate Sereno License #01174998

Christie's International Real Estate Sereno

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $234,390

Year Built

  • Built in 1922

Lot Details

  • 0.75 Acre Lot
  • Zoning described as R1929

Parking

  • 2 Car Detached Garage

Home Design

  • Tile Roof
  • Tar and Gravel Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,586 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Alarm System
  • Unfinished Basement

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms

Additional Features

  • Private Pool
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 124-16-092

Home Details

Home Type

Single Family

Est. Annual Taxes

$234,390

Year Built

Built in 1922

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 95
  • Listing Class: Residential
  • Structure Sq Ft: 4586
  • Year Built: 1922
  • Zoning Description: R1929
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Living Room
  • Dining Room: Formal Dining Room
  • Living Sq Ft: 4586
  • Stories: 2
  • Security: Security Alarm
  • Flooring: Carpet, Hardwood, Tile
  • Additional Rooms: Basement - Unfinished
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 6
  • Minimum Numberof Bedrooms: 6
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Tar and Gravel, Tile
  • Pool: Yes

Garage/Parking

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

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Palo Alto Unified
  • Elementary School: Walter Hays Elementary
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 315

Lot Info

  • Parcel Number: 124-16-092
  • Lot Acres: 0.7461
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 32500.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 32500.00

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2017
Closed on
Dec 11, 2017
Sold by
Berkman Norman M and The James Family Trust
Bought by
Ogip Investments Llc
Seller's Agent
Judy Citron
Compass
Buyer's Agent
Brian Chancellor
Christie's International Real Estate Sereno
List Price
$23,495,000
Sold Price
$23,495,000
Current Estimated Value
$7,363,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,132,000
Avg. Annual Appreciation
-13.99%

Purchase Details

Closed on
Mar 25, 2016
Sold by
James George B and James Alexander N
Bought by
James George B and James Alexander N

Purchase Details

Closed on
May 13, 2011
Sold by
James George B and James Beverly B
Bought by
James George B and James Beverly B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,667,500
Interest Rate
4.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 23, 1994
Sold by
James George B and James Beverly B
Bought by
James George B and James Beverly B
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
Ogip Investments Llc $23,495,000 Lawyers Title Co
James George B -- None Available
James George B -- First American Title Company
James Beverly B $3,667,250 First American Title Company
James George B $3,667,250 First American Title Company
James George B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ohip Investments Llc $6,500,000
Open Ohip Investment Llc $12,000,000
Previous Owner James George B $2,667,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2017 12/14/17 Sold $23,495,000 0.0% $5,123 / Sq Ft
12/07/2017 12/07/17 Pending -- -- --
11/30/2017 11/30/17 For Sale $23,495,000 -- $5,123 / 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 $234,390 $20,270,425 $14,541,457 $5,728,968
2024 $234,390 $19,872,967 $14,256,331 $5,616,636
2023 $230,976 $19,483,302 $13,976,796 $5,506,506
2022 $228,372 $19,101,278 $13,702,742 $5,398,536
2021 $223,886 $18,726,744 $13,434,061 $5,292,683
2020 $219,141 $18,534,726 $13,296,312 $5,238,414
2019 $216,765 $18,171,300 $13,035,600 $5,135,700
2018 $210,666 $17,815,000 $12,780,000 $5,035,000
2017 $5,639 $407,014 $92,941 $314,073
2016 $131,716 $11,167,750 $10,152,500 $1,015,250
2015 $5,506 $393,041 $89,751 $303,290
2014 $5,312 $385,342 $87,993 $297,349
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Judy Citron

    Compass

    Section Image
  • Brian Chancellor

    Buyer's Agent in 2017

    Brian Chancellor

    Sereno Group

    (650) 303-5511

    7 in this area

    89 Total Sales

    Brian Chancellor
    Section Image
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Map

Source: MLSListings

MLS Number: ML81685906

MLSListings

APN: 124-16-092

California Santa Clara County Palo Alto 94301 Old Palo Alto

215 Coleridge Ave, Palo Alto, CA

This home is located at 215 Coleridge Ave, Palo Alto, CA 94301 since 30 November 2017 and is currently estimated at $7,363,000, approximately $1,605 per square foot. This property was built in 1922. 215 Coleridge Ave 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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