NOT LISTED FOR SALE

Estimated Value: $8,032,000 - $13,205,232

4 Beds
3.5 Baths
3,224 Sq Ft
$3,354/Sq Ft Est. Value

Last Sold March 29, 2018

Last sale price $9,100,000 $2,823 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $70,561/month

14 Days on Market

Highlights

  • Combination Dining and Living Room
  • Separate Family Room
  • 1-Story Property
  • Walter Hays Elementary Rated A+
  • Wood Burning Fireplace

About This Home

As of March 2018

Bullseye location in Old Palo *Made of Unobtainium *Prime Estate Site *Nearly square parcel *Over 120 ft of frontage *Value in land *1955 Custom Rancher *High ceilings with extensive beam-work *Not historic *If seeking the best site, this is it*

Last Agent to Sell the Property

Steve Pierce

Zane MacGregor License #00871571 Listed on: 02/28/2018

Last Buyer's Agent

Ricky Tung

Realty ONE Group Future License #01336852

Realty ONE Group Future

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $145,220

Year Built

  • Built in 1955

Lot Details

  • 0.32 Acre Lot
  • Zoning described as R1929

Parking

  • 2 Car Garage

Home Design

  • Slab Foundation
  • Shake Roof

Interior Spaces

  • 3,224 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Separate Family Room
  • Living Room with Fireplace
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Radiant Heating System

Listing and Financial Details

  • Assessor Parcel Number 124-10-037

Home Details

Home Type

Single Family

Est. Annual Taxes

$145,220

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 63
  • Listing Class: Residential
  • Structure Sq Ft: 3224
  • Incorporated: Yes
  • Year Built: 1955
  • Zoning Description: R1929
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room, Wood Burning
  • Dining Room: Dining Area in Living Room
  • Living Sq Ft: 3224
  • Stories: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Shake

Garage/Parking

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

Utilities

  • Heating System: Radiant
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: Palo Alto Unified
  • Elementary School: Walter Hays Elementary
  • Middle School: David Starr Jordan Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 315
  • Middle School: 329

Lot Info

  • Parcel Number: 124-10-037
  • Lot Acres: 0.3203
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 13954.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 13954.00

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
  • Middle School Text: David Starr Jordan Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2018
Closed on
Mar 26, 2018
Sold by
Thomas Nancy and Bonar Family Trust
Bought by
Global Pro Llc
Seller's Agent
Steve Pierce
Zane MacGregor
Buyer's Agent
Ricky Tung
Realty ONE Group Future
List Price
$8,980,000
Sold Price
$9,100,000
Premium/Discount to List
$120,000
1.34%
Current Estimated Value
$10,812,744

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,712,744
Avg. Annual Appreciation
2.34%

Purchase Details

Closed on
May 13, 2004
Sold by
Miller Bonar Samuel Coe and Miller Bonar Elizabeth
Bought by
Miller Bonar Samuel Coe and Miller Bonar Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 1994
Sold by
Bonar Samuel and Bonar Elizabeth
Bought by
Miller Bonar Samuel Coe and Miller Bonar Elizabeth
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
Global Pro Llc $9,100,000 Chicago Title Co
Miller Bonar Samuel Coe -- Old Republic Title Company
Miller Bonar Samuel Coe -- Old Republic Title Company
Miller Bonar Samuel Coe -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bonar Samuel Coe $410,400
Previous Owner Bonar Samuel Coe $414,000
Previous Owner Bonar Samuel Coe $235,000
Previous Owner Bonar Samuel Coe $417,000
Previous Owner Bonar Samuel Coe $500,000
Previous Owner Miller Bonar Samuel Coe $500,000
Previous Owner Bonar Samuel Coe $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2018 03/29/18 Sold $9,100,000 +1.3% $2,823 / Sq Ft
03/15/2018 03/15/18 Pending -- -- --
02/28/2018 02/28/18 For Sale $8,980,000 -- $2,785 / 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 $145,220 $13,659,115 $9,899,115 $3,760,000
2024 $145,220 $12,279,615 $9,705,015 $2,574,600
2023 $111,872 $9,393,000 $9,000,000 $393,000
2022 $111,100 $9,250,390 $9,000,000 $250,390
2021 $111,667 $9,565,724 $9,145,253 $420,471
2020 $112,405 $9,467,640 $9,051,480 $416,160
2019 $111,184 $9,282,000 $8,874,000 $408,000
2018 $3,725 $236,923 $71,048 $165,875
2017 $3,576 $232,278 $69,655 $162,623
2016 $3,476 $227,725 $68,290 $159,435
2015 $3,434 $224,306 $67,265 $157,041
2014 $3,272 $219,913 $65,948 $153,965
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81694374

MLSListings

APN: 124-10-037