NOT LISTED FOR SALE

Estimated Value: $6,978,000 - $7,549,000

5 Beds
4 Baths
3,579 Sq Ft
$2,004/Sq Ft Est. Value

Last Sold September 30, 2024

Last sale price $6,800,000 $1,900 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $44,224/month

58 Days on Market

Highlights

  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom
  • Farmhouse Style Home
  • Walter Hays Elementary Rated A+
  • Wood Flooring
  • High Ceiling

About This Home

As of September 2024

Rare opportunity! Tranquil location in old Palo Alto! This splendid one-story residence offers an expansive living space of 3,579 sf, situated on a generous lot of approx.12k sf with five bedrooms and four remodeled bathrooms. Renowned designer Marcus Stedman designed this elegant home, it was previously owned by Bill Hewlett( co-founder of HP) and his wife, Flora Hewlett! Marcus Stedman worked in a charming style reminiscent of Carmel cottages and the early California Ranch house. This wonderful home still keeps its features of iron door hardware, light fixtures, fireplace tools, hand-hewn beamed ceilings, and wide-wood doors. Meticulously maintained gardens and newly installed lawns enhance the property's curb appeal while also providing a peaceful outdoor retreat. Easy access to Parks, Shops, Restaurants, and Public transport makes it ideal for those who appreciate convenience without compromising on tranquility. Center of Three top Schools : Walter Hays Elem, Frank S. Greene Jr. Middle & Palo Alto High School. Air conditioning is also available for those warmer days, New roof & new garage door.

Last Agent to Sell the Property

Catherine Qian

Compass License #01276431 Listed on: 07/09/2024

Compass

Last Buyer's Agent

Helen Du

Compass License #01782114

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $74,295

Year Built

  • Built in 1938

Lot Details

  • 0.26 Acre Lot
  • Southeast Facing Home
  • Fenced
  • Level Lot
  • Sprinklers on Timer
  • Back Yard
  • Zoning described as R1

Parking

  • 2 Car Attached Garage
  • On-Street Parking

Home Design

  • Farmhouse Style Home
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,579 Sq Ft Home
  • 1-Story Property
  • Inverted Floor Plan
  • High Ceiling
  • Skylights
  • Free Standing Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Formal Entry
  • Separate Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Neighborhood Views
  • Unfinished Basement

Kitchen

  • Breakfast Area or Nook
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Freezer
  • Dishwasher
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Remodeled Bathroom
  • Bathroom on Main Level
  • 4 Full Bathrooms
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry in Garage
  • Washer and Dryer

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts

Community Details

  • Courtyard

Listing and Financial Details

  • Assessor Parcel Number 124-05-028

Home Details

Home Type

Single Family

Est. Annual Taxes

$74,295

Year Built

Built in 1938

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Farm House
  • Age: 86
  • Listing Class: Residential
  • Structure Sq Ft: 3579
  • Year Built: 1938
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Free Standing, Gas Burning, Living Room, Primary Bedroom
  • Dining Room: Breakfast Nook, Formal Dining Room
  • Kitchen: 220 Volt Outlet, Cooktop - Gas, Countertop - Quartz, Dishwasher, Freezer, Garbage Disposal, Hood Over Range, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 3579
  • Stories: 1
  • Bedrooms: Ground Floor Bedroom, Inverted Floor Plan, More than One Bedroom on Ground Floor, Primary Bedroom on Ground Floor, Primary Suite / Retreate - 2+
  • Laundry: In Garage, Washer / Dryer
  • Flooring: Hardwood, Tile
  • Additional Rooms: Basement - Unfinished, Formal Entry
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Bathroom: Full on Ground Floor, Primary - Stall Shower(s), Shower over Tub - 1, Stall Shower - 2+, Tile, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Composition
  • View: Neighborhood
  • Yard/Grounds: Back Yard, Courtyard, Fenced, Sprinklers - Auto
  • Fencing: Fenced
  • Property Faces: Southeast

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, On Street

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Skylight

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: 124-05-028
  • Lot Acres: 0.2645
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 11520.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 11520.00

Green Features

  • Energy Features: Double Pane Windows

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: Frank S. Greene Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2024
Closed on
Sep 10, 2024
Sold by
Ze Zhang And Yanquig Shi Family Trust and Zhang Ze
Bought by
Zhang Jessica Xin
Seller's Agent
Catherine Qian
Compass
Buyer's Agent
Helen Du
Compass
List Price
$7,498,000
Sold Price
$6,800,000
Premium/Discount to List
-$698,000
-9.31%
Views
11
Current Estimated Value
$7,173,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$373,647
Avg. Annual Appreciation
5.44%

Purchase Details

Closed on
Mar 13, 2018
Sold by
Bertelsen Erik E and Thieman Joseph B
Bought by
Zhang Ze and Shi Yangqing

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,999,999
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 4, 2017
Sold by
Qualifi Bertelsen Susan E and Qualifi Susan E Bertelsen 2012
Bought by
Bertelsen Erik E and Thieman Joseph P

Purchase Details

Closed on
Dec 3, 2012
Sold by
Bertelsen Susan E
Bought by
Qualifi Bertelsen Susan E and Qualifi Susan E Bertelsen 2012

Purchase Details

Closed on
Jun 7, 2006
Sold by
Bertelsen Mark A and Bertelsen Susan E
Bought by
Bertelsen Mark A and Bertelsen Susan E
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
Zhang Jessica Xin $6,800,000 Old Republic Title
Zhang Ze $5,600,000 Old Republic Title Co
Bertelsen Erik E -- None Available
Berterlsen Erick E -- None Available
Qualifi Bertelsen Susan E -- None Available
Qualifie Bertelsen Mark A -- None Available
Bertelsen Mark A -- None Available
Bertelsen Mark A -- None Available
Bertelsen Mark A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zhang Ze $1,999,999
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2024 09/30/24 Sold $6,800,000 -5.3% $1,900 / Sq Ft
09/05/2024 09/05/24 Pending -- -- --
09/05/2024 09/05/24 Price Changed $7,180,000 -4.2% $2,006 / Sq Ft
07/09/2024 07/09/24 For Sale $7,498,000 -- $2,095 / 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 $74,295 $6,800,000 $6,690,000 $110,000
2024 $74,295 $6,246,903 $6,135,353 $111,550
2023 $73,208 $6,124,415 $6,015,052 $109,363
2022 $72,374 $6,004,329 $5,897,110 $107,219
2021 $70,950 $5,886,598 $5,781,481 $105,117
2020 $69,458 $5,826,240 $5,722,200 $104,040
2019 $68,699 $5,712,000 $5,610,000 $102,000
2018 $16,929 $1,358,538 $922,464 $436,074
2017 $16,550 $1,331,901 $904,377 $427,524
2016 $16,112 $1,305,787 $886,645 $419,142
2015 $15,951 $1,286,174 $873,327 $412,847
2014 $15,588 $1,260,980 $856,220 $404,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81978791

MLSListings

APN: 124-05-028