NOT LISTED FOR SALE

Estimated Value: $7,696,000 - $9,893,308

7 Beds
5 Baths
4,382 Sq Ft
$2,016/Sq Ft Est. Value

Last Sold October 22, 2021

Last sale price $8,800,000 $2,008 Per Sq Ft

Current estimated payment $57,482/month

21 Days on Market

Highlights

  • Primary Bedroom Suite
  • Skyline View
  • Family Room with Fireplace
  • Walter Hays Elementary Rated A+
  • 0.35 Acre Lot
  • Radiant Floor

About This Home

As of October 2021

This extraordinary Old Palo Alto home is a classic tribute to modernism embracing simplicity, livability, and connection between interior and exterior spaces. The home's flowing open floor plan features elegant, generous-sized rooms with uncommonly high ceilings and large carefully positioned windows that frame views of the surrounding private garden and allow natural light to fill the home. Connecting the two wings of the home is a glass walled family room ideal for gathering the family or entertaining. The lower level offers two spacious bedroom suites & an office/bedroom. Four bedrooms & two baths are on the upper level. The garden mirrors the home with its simple design featuring a lush lawn rimmed by shrubs & trees with dense foliage providing privacy. The location is near outstanding Palo Alto public schools. You will love this home with its emphasis on comfortable living & its convenient location, it is the perfect antidote to the hurried Silicon Valley lifestyle.

Last Agent to Sell the Property

Carol,Nicole & James

Compass License #07000304 Listed on: 09/15/2021

Last Buyer's Agent

Paul Hwang

Skybox Realty License #01371169

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $112,189

Year Built

  • Built in 1939

Lot Details

  • 0.35 Acre Lot
  • Wood Fence
  • Chain Link Fence
  • Level Lot
  • Sprinklers on Timer
  • Back Yard Fenced
  • Zoning described as R1

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • On-Street Parking
  • Off-Street Parking

Property Views

  • Skyline
  • Neighborhood

Home Design

  • Wood Frame Construction
  • Ceiling Insulation
  • Floor Insulation
  • Shingle Roof
  • Tar and Gravel Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,382 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Skylights
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Garden Windows
  • Mud Room
  • Formal Entry
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Den
  • Alarm System
  • Attic

Kitchen

  • Double Self-Cleaning Oven
  • Electric Oven
  • Electric Cooktop
  • Range Hood
  • Ice Maker
  • Dishwasher
  • Corian Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Radiant Floor
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • Split Bathroom
  • Bathroom on Main Level
  • 5 Full Bathrooms
  • Solid Surface Bathroom Countertops
  • Dual Sinks
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry Tub
  • Electric Dryer Hookup

Eco-Friendly Details

  • Solar Heating System

Outdoor Features

  • Gazebo
  • Shed

Utilities

  • Forced Air Zoned Heating System
  • Vented Exhaust Fan
  • Radiant Heating System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 124-11-077

Home Details

Home Type

Single Family

Est. Annual Taxes

$112,189

Year Built

Built in 1939

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 82
  • Listing Class: Residential
  • Structure Sq Ft: 4382
  • Incorporated: Yes
  • Year Built: 1939
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Gas Starter, Living Room
  • Dining Room: Breakfast Room, Formal Dining Room
  • Kitchen: Cooktop - Electric, Countertop - Solid Surface / Corian, Countertop - Synthetic, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Ice Maker, Oven - Double, Oven - Electric, Oven - Self Cleaning, Refrigerator
  • Living Sq Ft: 4382
  • Stories: 2
  • Security: Security Alarm
  • Bedrooms: Ground Floor Bedroom, More than One Bedroom on Ground Floor, More than One Primary Bedroom, More than One Primary Bedroom on Ground Floor, Primary Bedroom on Ground Floor, Primary Suite / Retreate - 2+, Walk-in Closet
  • Laundry: Electricity Hookup (220V), In Utility Room, Inside, Tub / Sink
  • Flooring: Carpet, Hardwood, Tile, Vinyl / Linoleum
  • Additional Rooms: Attic, Den / Study / Office, Formal Entry, Laundry Room, Mud Room, Storage
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 7
  • Minimum Numberof Bedrooms: 7
  • Full Bathrooms: 5
  • Total Bedrooms: 7
  • Bathroom: Double Sinks, Full on Ground Floor, Primary - Stall Shower(s), Showers over Tubs - 2+, Skylight, Solid Surface, Split Bath, Stall Shower - 2+, Tile, Tub in Primary Bedroom
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Composition, Shingle, Tar and Gravel
  • View: Neighborhood
  • Yard/Grounds: Back Yard, Fenced, Gazebo, Sprinklers - Auto, Sprinklers - Lawn, Storage Shed / Structure
  • Fencing: Chain Link, Fenced Back, Wood
  • Construction Type: Wood, Wood Frame

Garage/Parking

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

Utilities

  • Heating System: Central Forced Air - Gas, Fireplace, Heating - 2+ Zones, Radiant, Radiant Floors, Solar
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Garden Window, High Ceiling, Skylight, Walk-in Closet

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
  • Parcel Number: 124-11-077
  • Lot Acres: 0.3512
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 15300.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 15300.00
  • Soil: Clay

Green Features

  • Energy Features: Ceiling Insulation, Double Pane Windows, Insulation - Floor, Skylight, Solar Heating

Multi Family

  • Utilities: Public Utilities, Solar Panels - Owned

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
Sep 15, 2021
Closed on
Oct 11, 2021
Sold by
Lambert Elizabeth and The Elizabeth Lambert Trust
Bought by
Murthy Raghotham and Murthy Geetha
Seller's Agent
Carol,Nicole & James
Compass
Buyer's Agent
Paul Hwang
Skybox Realty
List Price
$9,750,000
Sold Price
$8,800,000
Premium/Discount to List
-$950,000
-9.74%
Current Estimated Value
$8,833,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,769
Avg. Annual Appreciation
0.41%

Purchase Details

Listed on
Sep 15, 2021
Closed on
Oct 1, 2021
Sold by
Mcquinn Mary M S W
Bought by
Mcquinn Anthony and Mcquinn Mary
Seller's Agent
Carol,Nicole & James
Compass
Buyer's Agent
Paul Hwang
Skybox Realty
List Price
$9,750,000
Sold Price
$8,800,000
Premium/Discount to List
-$950,000
-9.74%

Purchase Details

Closed on
Oct 1, 2018
Sold by
Wheatley Charles S
Bought by
Wheatley Charles S and Wheatley Shauna K

Purchase Details

Closed on
Jul 5, 2018
Sold by
Lambert Elizabeth S W
Bought by
Lambert Elizabeth and The Lambert Trust

Purchase Details

Closed on
May 15, 2003
Sold by
Wheatley Jack R
Bought by
Wheatley Charles S and Wheatley James R S
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
Murthy Raghotham $8,800,000 Chicago Title Company
Mcquinn Anthony -- None Available
Wheatley Charles S -- None Available
Wheatley John S -- None Available
Schmidt Vctoria W -- None Available
Robert S Wheatley J -- None Available
Lambert Elizabeth -- None Available
Wheatley Charles S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murthy Revocable Trust $5,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2021 10/22/21 Sold $8,800,000 -9.7% $2,008 / Sq Ft
10/07/2021 10/07/21 Pending -- -- --
09/15/2021 09/15/21 For Sale $9,750,000 -- $2,225 / 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 $112,189 $11,659,047 $8,808,026 $2,851,021
2024 $112,189 $9,466,863 $8,635,320 $831,543
2023 $106,950 $8,976,000 $8,466,000 $510,000
2022 $105,739 $8,800,000 $8,300,000 $500,000
2021 $5,204 $363,676 $95,170 $268,506
2020 $5,111 $359,948 $94,195 $265,753
2019 $5,049 $352,892 $92,349 $260,543
2018 $5,009 $345,974 $90,539 $255,435
2017 $4,920 $339,191 $88,764 $250,427
2016 $4,786 $332,541 $87,024 $245,517
2015 $4,651 $327,547 $85,717 $241,830
2014 $4,469 $321,131 $84,038 $237,093
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81862773

MLSListings

APN: 124-11-077