NOT LISTED FOR SALE

Estimated Value: $5,547,000 - $6,193,000

4 Beds
3 Baths
2,528 Sq Ft
$2,266/Sq Ft Est. Value

Last Sold May 26, 2022

Last sale price $5,500,000 $2,176 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $35,938/month

16 Days on Market

Highlights

  • Skyline View
  • English Cottage Architecture
  • Marble Flooring
  • Walter Hays Elementary Rated A+
  • Vaulted Ceiling
  • Attic

About This Home

As of May 2022

This 1935 Marcus Stedman home in Old Palo Alto was masterfully renovated, maintaining its character and charm,; adding high ceilings, skylights, custom kitchen, beautiful mouldings, new bathrooms & designer features thruout. The storybook home is set on a private large corner lot embraced by stunning gardens offering a top location for discriminating buyers seeking a move-in ready Old Palo Alto home. Ideal for entertaining w/ the large living room/dining areas opening through french doors for dining al fresco on the large central brick courtyard.Main living areas & 3 bedrooms are all on one level w/ 4th bedroom above the attached garage.just minutes to California Ave shopping & restaurants, Stanford, shopping & Stanford Medical, Cal Train, downtown Palo Alto . This is the home you have been waiting for!

Last Agent to Sell the Property

Sherry Bucolo

Compass License #00613242 Listed on: 04/29/2022

Compass

Last Buyer's Agent

Michael Repka

Deleon Realty License #70010006

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $68,215

Year Built

  • 1935

Lot Details

  • 7,932 Sq Ft Lot
  • South Facing Home
  • Fenced
  • Level Lot
  • Sprinklers on Timer
  • Mostly Level

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Property Views

  • Skyline
  • Neighborhood

Home Design

  • English Cottage Architecture
  • Brick Exterior Construction
  • Wood Frame Construction
  • Shake Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,528 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Formal Entry
  • Living Room with Fireplace
  • Breakfast Room
  • Dining Area
  • Storage Room
  • Utility Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Self-Cleaning Oven
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Gas Dryer Hookup

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Radiant Heating System
  • Sewer Within 50 Feet

Home Details

Home Type

Single Family

Est. Annual Taxes

$68,215

Year Built

1935

Lot Details

0

Parking

1

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Style: Country English
  • Age: 87
  • Listing Class: Residential
  • Structure Sq Ft: 2528
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1935

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Log, Living Room
  • Dining Room: Breakfast Bar, Breakfast Room, Dining Area, Eat In Kitchen
  • Kitchen: Dishwasher, Garbage Disposal, Hookups - Gas, Oven - Built-In, Oven - Self Cleaning, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 2528
  • Stories: 2
  • Laundry: Gas Hookup, Inside
  • Flooring: Hardwood, Marble, Tile, Wood
  • Additional Rooms: Attic, Formal Entry, Storage, Utility Room
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Bathroom: Shower And Tub, Showers Over Tubs - 2+, Skylight, Stall Shower, Tubs - 2+

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Shake
  • View: Neighborhood
  • Yard/Grounds: Fenced, Sprinklers - Auto
  • Fencing: Fenced
  • Property Faces: South
  • Construction Type: Brick, Wood Frame

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 2
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Attached Garage, Gate / Door Opener, Off-Street Parking

Utilities

  • Heating System: Forced Air, Gas, Radiant
  • Sewer/Septic System: Sewer Connected, Sewer In Street

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Vaulted Ceiling

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 Description: Grade - Level, Grade - Mostly Level
  • Lot Acres: 0.1821
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7932.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7932.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2022
Sold by
Gu Wenyue
Bought by
Wenyu Gu Living Trust and Gu
Current Estimated Value
$5,728,739

Purchase Details

Closed on
Jul 6, 2017
Sold by
Sullivan James Standish O and Miao Clarence
Bought by
Miao Clarence and Sullivan James Standish O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
3.15%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 14, 2009
Sold by
Deiss Ronald and Jackson Joann
Bought by
Osullivan James Standish

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
4.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 2002
Sold by
Deiss Ronald and Jackson Joann
Bought by
Deiss Ronald and Jackson Joann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$952,000
Interest Rate
3.9%

Purchase Details

Closed on
Dec 5, 2002
Sold by
Russell Elena
Bought by
Deiss Ronald and Jackson Joann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$952,000
Interest Rate
3.9%
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
Wenyu Gu Living Trust -- None Listed On Document
Miao Clarence -- Chicago Title Company
Osullivan James Standish -- Chicago Title Company
Deiss Ronald -- --
Deiss Ronald -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Miao Clarence $600,000
Previous Owner Miao Clarence $417,000
Previous Owner Miao Clarence $720,000
Previous Owner Osullivan James Standish $1,500,000
Previous Owner Deiss Ronald $750,000
Previous Owner Deiss Ronald $952,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2022 05/26/22 Sold $5,500,000 +4.8% $2,176 / Sq Ft
05/16/2022 05/16/22 Pending -- -- --
04/29/2022 04/29/22 For Sale $5,250,000 -- $2,077 / 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 $68,215 $5,836,643 $5,146,858 $689,785
2024 $68,215 $5,722,200 $5,045,940 $676,260
2023 $67,218 $5,610,000 $4,947,000 $663,000
2022 $31,304 $2,554,372 $2,128,649 $425,723
2021 $30,686 $2,504,287 $2,086,911 $417,376
2020 $30,051 $2,478,610 $2,065,513 $413,097
2019 $29,719 $2,430,011 $2,025,013 $404,998
2018 $28,900 $2,382,364 $1,985,307 $397,057
2017 $28,392 $2,335,652 $1,946,380 $389,272
2016 $27,648 $2,289,856 $1,908,216 $381,640
2015 $27,378 $2,255,461 $1,879,553 $375,908
2014 $26,830 $2,211,281 $1,842,736 $368,545
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81889366

MLSListings

APN: 124-04-012