NOT LISTED FOR SALE

Estimated Value: $3,528,000 - $4,288,000

4 Beds
2 Baths
1,944 Sq Ft
$1,983/Sq Ft Est. Value

Last Sold August 26, 2023

Last sale price $3,500,000 $1,800 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $24,353/month

7 Days on Market

Highlights

  • Formal Dining Room
  • Duveneck Elementary School Rated A+
  • 1-Story Property

About This Home

As of August 2023

Welcome to this Mid-century modern beauty located in desirable North Palo Alto. Owned by a notable Palo Alto family, this custom Joseph Eichler designed home has been wonderfully maintained and recently updated for a new owner to enjoy. Walls of glass and high ceilings allow for an abundance of light and feature views into the atrium from almost every room. The formal living room and dining room with sliding glass doors leading to the private yard enhance the indoor-outdoor lifestyle. The primary bedroom boasts clerestory windows and an office nook featuring views to the yard. Three more bedrooms and a dedicated laundry room complete the open floorplan. This desirable North Palo Alto neighborhood is just blocks to Duveneck Elementary School, Greene Middle School, the Edgewood Plaza shopping center the PA and Main Library. Just 2.5M to Stanford University and easy access to the U.S.101 Highway for a short commute to Silicon Valley tech companies. This home is a must see!

Last Agent to Sell the Property

Jennifer Buenrostro

Compass License #01733750 Listed on: 07/27/2023

Compass

Last Buyer's Agent

Sharon Wang

Keller Williams Palo Alto License #02089426

Keller Williams Palo Alto

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $42,119

Year Built

  • Built in 1957

Lot Details

  • 7,754 Sq Ft Lot
  • Zoning described as R1

Home Design

  • Slab Foundation
  • Foam Roof

Interior Spaces

  • 1,944 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Formal Dining Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces
  • Off-Street Parking

Utilities

  • Heating System Uses Gas
  • Radiant Heating System

Listing and Financial Details

  • Assessor Parcel Number 003-49-100

Home Details

Home Type

Single Family

Est. Annual Taxes

$42,119

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Age: 66
  • Listing Class: Residential
  • Structure Sq Ft: 1944
  • Year Built: 1957
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Living Room
  • Dining Room: Formal Dining Room
  • Living Sq Ft: 1944
  • Stories: 1
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Foam

Garage/Parking

  • Parking Spaces: 2
  • Garage Parking Features: Carport, Covered Parking, Off-Street Parking
  • Carport Min: 2

Utilities

  • Heating System: Gas, Radiant
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Palo Alto Unified

Lot Info

  • Parcel Number: 003-49-100
  • Lot Acres: 0.1780
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7754.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7754.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2023
Closed on
Aug 15, 2023
Sold by
Betty W Gerard Revocable Living Trust
Bought by
Yuan Xing and Zhou Dongli
Seller's Agent
Jennifer Buenrostro
Compass
Buyer's Agent
Sharon Wang
Keller Williams Palo Alto
List Price
$2,998,000
Sold Price
$3,500,000
Premium/Discount to List
$502,000
16.74%
Views
2
Current Estimated Value
$3,855,213

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$355,213
Avg. Annual Appreciation
5.11%
Original Mortgage
$2,400,000
Outstanding Balance
$2,351,363
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$1,525,331

Purchase Details

Closed on
Feb 5, 1997
Sold by
Betty Gerard
Bought by
Gerard Betty W
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
Yuan Xing $3,500,000 Chicago Title
Gerard Betty W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yuan Xing $2,400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2023 08/26/23 Sold $3,500,000 +16.7% $1,800 / Sq Ft
08/04/2023 08/04/23 Pending -- -- --
07/27/2023 07/27/23 For Sale $2,998,000 -- $1,542 / 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 $42,119 $3,570,000 $3,264,000 $306,000
2024 $42,119 $3,500,000 $3,200,000 $300,000
2023 $32,197 $2,650,000 $2,450,000 $200,000
2022 $2,351 $122,292 $50,692 $71,600
2021 $2,302 $119,896 $49,699 $70,197
2020 $2,271 $118,668 $49,190 $69,478
2019 $2,239 $116,342 $48,226 $68,116
2018 $2,196 $114,062 $47,281 $66,781
2017 $2,155 $111,826 $46,354 $65,472
2016 $2,091 $109,635 $45,446 $64,189
2015 $2,062 $107,989 $44,764 $63,225
2014 $1,922 $105,875 $43,888 $61,987
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81936330

MLSListings

APN: 003-49-100