NOT LISTED FOR SALE

221 Kipling St Palo Alto, CA 94301

Downtown North Neighborhood

Estimated Value: $6,907,000 - $8,420,734

4 Beds
8 Baths
4,010 Sq Ft
$1,917/Sq Ft Est. Value

Last Sold November 05, 2020

Last sale price $7,700,000 $1,920 Per Sq Ft

Current estimated payment $49,956/month

Highlights

  • Private Pool
  • 0.26 Acre Lot
  • Electric Vehicle Home Charger
  • Addison Elementary School Rated A+
  • Post and Beam
  • 1-minute walk to Johnson Park

About This Home

As of November 2020

Modern architecture utilizing concrete, glass, and wood to create a one-of-a-kind space to work and learn from home in the ultimate family compound. Overlooking Johnson Park, the four independent structures a main residence, two office pods and a guest house are recently remodeled and luxuriously appointed with top-of-the line European cabinetry, light fixtures and appliances. The serene grounds feature a pool, spa, koi pond and mature trees. A resort-like setting located in the heart of Palo Altos Downtown North neighborhood. Easy access to top-rated schools, restaurants and shopping on University Avenue, Caltrain, Stanford University and all that living in Silicon Valley has to offer.

Last Agent to Sell the Property

Michael Dreyfus

Golden Gate Sotheby's International Realty License #01121795 Listed on: 11/05/2020

Golden Gate Sotheby's International Realty

Last Buyer's Agent

Umang Sanchorawala

Compass License #01471341

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $96,975

Year Built

  • Built in 1908

Lot Details

  • 0.26 Acre Lot
  • Zoning described as R2

Home Design

  • Post and Beam
  • Wood Frame Construction
  • Rolled or Hot Mop Roof
  • Composition Roof
  • Metal Roof

Interior Spaces

  • 4,010 Sq Ft Home
  • 1-Story Property
  • Separate Family Room
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 1 Carport Space
  • Electric Vehicle Home Charger
  • Guest Parking
  • On-Street Parking
  • Off-Street Parking

Additional Features

  • Private Pool
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 120-14-127

Home Details

Home Type

Single Family

Est. Annual Taxes

$96,975

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Age: 112
  • Listing Class: Residential
  • Structure Sq Ft: 4010
  • Year Built: 1908
  • Zoning Description: R2
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Dining Room: Dining Area in Living Room
  • Living Sq Ft: 4010
  • Stories: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Foundation: Post and Beam, Wood Frame
  • Roof: Composition, Metal, Rolled Composition
  • Pool: Yes

Garage/Parking

  • Garage Parking Features: Electric Car Hookup, Guest / Visitor Parking, Off-Street Parking, On Street
  • Carport Min: 1
  • Electric Vehicle Hookup Type: Electric Vehicle Hookup Level 2 (240 volts)

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Palo Alto Unified
  • Elementary School: Addison Elementary
  • Middle School: Frank S. Greene Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 309
  • Middle School: 329

Lot Info

  • Parcel Number: 120-14-127
  • Lot Acres: 0.2583
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 11250.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 11250.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Addison 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
Nov 5, 2020
Closed on
Oct 26, 2020
Sold by
Dalgaard Lars
Bought by
Arna Iv Llc
Seller's Agent
Michael Dreyfus
Golden Gate Sotheby's International Realty
Buyer's Agent
Umang Sanchorawala
Compass
List Price
$7,500,000
Sold Price
$7,700,000
Premium/Discount to List
$200,000
2.67%
Current Estimated Value
$7,685,184

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,816
Avg. Annual Appreciation
0.82%

Purchase Details

Listed on
Oct 31, 2013
Closed on
Nov 12, 2013
Sold by
Bellomo Joseph
Bought by
Dalgaard Lars
Seller's Agent
Jami Arami
Compass
Buyer's Agent
Mary Gullixson
Compass
List Price
$4,500,000
Sold Price
$4,350,000
Premium/Discount to List
-$150,000
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.54%
Original Mortgage
$275,000
Interest Rate
4.55%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 30, 1998
Sold by
Bellomo Joseph M
Bought by
Bellomo Joseph
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
Arna Iv Llc $7,700,000 Chicago Title Company
Dalgaard Lars -- Chicago Title Company
Dalgaard Lars -- Chicago Title Company Pa
Bellomo Joseph -- --
Bellomo Joseph -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bellomo Joseph $275,000
Previous Owner Bellomo Joseph $1,700,000
Previous Owner Bellomo Joseph $1,510,000
Previous Owner Bellomo Joseph $770,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2020 11/05/20 Sold $7,700,000 +2.7% $1,920 / Sq Ft
11/05/2020 11/05/20 For Sale $7,500,000 +72.4% $1,870 / Sq Ft
11/18/2013 11/18/13 Sold $4,350,000 -3.3% $1,085 / Sq Ft
11/06/2013 11/06/13 Pending -- -- --
10/31/2013 10/31/13 For Sale $4,500,000 -- $1,122 / 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 $96,975 $8,334,726 $7,468,781 $865,945
2024 $96,975 $8,171,301 $7,322,335 $848,966
2023 $95,560 $8,011,080 $7,178,760 $832,320
2022 $94,477 $7,854,000 $7,038,000 $816,000
2021 $92,620 $7,700,000 $6,900,000 $800,000
2020 $58,353 $4,875,892 $3,979,179 $896,713
2019 $57,716 $4,780,287 $3,901,156 $879,131
2018 $56,109 $4,686,557 $3,824,663 $861,894
2017 $55,127 $4,594,665 $3,749,670 $844,995
2016 $53,690 $4,504,575 $3,676,148 $828,427
2015 $53,177 $4,436,913 $3,620,929 $815,984
2014 $52,214 $4,350,000 $3,550,000 $800,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Michael Dreyfus

    Golden Gate Sotheby's International Realty

    Section Image
  • Umang Sanchorawala

    Buyer's Agent in 2020

    Umang Sanchorawala

    Compass

    (650) 960-5363

    5 in this area

    52 Total Sales

    Umang Sanchorawala
    Section Image

  • J

    Seller's Agent in 2013

    Jami Arami

    Compass

    Section Image

  • M

    Buyer's Agent in 2013

    Mary Gullixson

    Compass

    Section Image
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Map

Source: MLSListings

MLS Number: ML81813697

MLSListings

APN: 120-14-127

California Santa Clara County Palo Alto 94301 Downtown North

221 Kipling St, Palo Alto, CA

This home is located at 221 Kipling St, Palo Alto, CA 94301 since 05 November 2020 and is currently estimated at $7,685,184, approximately $1,916 per square foot. This property was built in 1908. 221 Kipling St is a home located in Santa Clara County with nearby schools including Addison Elementary School, Frank S. Greene Jr. Middle, and Palo Alto High School.

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