NOT LISTED FOR SALE

Estimated Value: $4,238,000 - $4,842,000

3 Beds
2 Baths
1,756 Sq Ft
$2,600/Sq Ft Est. Value

Last Sold April 08, 2016

Last sale price $3,300,000 $1,879 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $28,707/month

2 Days on Market

Highlights

  • Formal Dining Room
  • 2 Car Detached Garage
  • Wood Burning Fireplace
  • Walter Hays Elementary Rated A+
  • Forced Air Heating System
  • 1-Story Property

About This Home

As of April 2016

Rare, charming and original 3br/2ba Spanish style home in the heart of prime Old Palo Alto. Beautifully preserved original details throughout including archways, built-ins, tiles, accent nooks, light fixtures and wood-burning fireplace. Gleaming hardwood floors throughout. Enjoy this charming home and live in today, expand and remodel or build new in this prime location. The possibilities are limitless. Generous backyard with lawn and patio, two-car detached garage. The best of Old Palo Alto living with close proximity to California Ave, Stanford, Downtown PA, Caltrain. Palo Alto schools.

Last Agent to Sell the Property

Zachary Trailer

Compass License #01371338 Listed on: 03/23/2016

Compass

Last Buyer's Agent

Greg Stange

Compass License #01418178

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $45,994

Year Built

  • Built in 1930

Lot Details

  • 6,011 Sq Ft Lot
  • Zoning described as R1

Parking

  • 2 Car Detached Garage

Home Design

  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,756 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Formal Dining Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 124-11-078

Home Details

Home Type

Single Family

Est. Annual Taxes

$45,994

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 86
  • Listing Class: Residential
  • Structure Sq Ft: 1756
  • Year Built: 1930
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Wood Burning
  • Dining Room: Formal Dining Room
  • Living Sq Ft: 1756
  • Stories: 1
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Clay, Tile

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Detached Garage

Utilities

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

Schools

  • School District: Palo Alto Unified

Lot Info

  • Parcel Number: 124-11-078
  • Lot Acres: 0.1380
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6000.00

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
Mar 23, 2016
Closed on
Mar 28, 2016
Sold by
Page Eric and Walsh Gregory V
Bought by
Hao Yueqi and Wang Haishan
Seller's Agent
Zachary Trailer
Compass
Buyer's Agent
Greg Stange
Compass
List Price
$2,749,000
Sold Price
$3,300,000
Premium/Discount to List
$551,000
20.04%
Current Estimated Value
$4,565,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,265,013
Avg. Annual Appreciation
3.53%

Purchase Details

Closed on
May 18, 2006
Sold by
Wong Charles and Sim Kim Ohn
Bought by
Page Eric and Walsh Gregory

Purchase Details

Closed on
Sep 2, 2004
Sold by
Kim Ohn Sim
Bought by
Wong Charles and Kim Ohn Sim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 12, 2004
Sold by
Wong Charles
Bought by
Kim Ohn Sim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 6, 2004
Sold by
Blockley William E and Blockley Margery B
Bought by
Kim Ohn Sim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage
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
Hao Yueqi $3,300,000 Chicago Title Company
Page Eric -- First American Title Company
Wong Charles -- --
Kim Ohn Sim -- Stewart Title Of California
Kim Ohn Sim $1,500,000 Stewart Title Of California
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hao Yueqi $1,470,000
Previous Owner Kim Ohn Sim $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2016 04/08/16 Sold $3,300,000 +20.0% $1,879 / Sq Ft
03/26/2016 03/26/16 Pending -- -- --
03/23/2016 03/23/16 For Sale $2,749,000 -- $1,565 / 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 $45,994 $3,906,527 $3,788,150 $118,377
2024 $45,994 $3,829,929 $3,713,873 $116,056
2023 $45,320 $3,754,833 $3,641,052 $113,781
2022 $44,801 $3,681,209 $3,569,659 $111,550
2021 $43,920 $3,609,029 $3,499,666 $109,363
2020 $43,004 $3,572,024 $3,463,782 $108,242
2019 $42,533 $3,501,985 $3,395,865 $106,120
2018 $41,355 $3,433,320 $3,329,280 $104,040
2017 $40,631 $3,366,000 $3,264,000 $102,000
2016 $22,795 $1,875,908 $1,385,287 $490,621
2015 $22,571 $1,847,731 $1,364,479 $483,252
2014 $22,101 $1,811,537 $1,337,751 $473,786
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81566561

MLSListings

APN: 124-11-078