NOT LISTED FOR SALE

231 Iris Way Palo Alto, CA 94303

Duveneck-Saint Francis Neighborhood

Estimated Value: $3,369,000 - $4,359,000

4 Beds
2 Baths
1,600 Sq Ft
$2,314/Sq Ft Est. Value

Last Sold August 12, 2022

Last sale price $3,300,000 $2,062 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $23,004/month

10 Days on Market

Highlights

  • Wood Flooring
  • Granite Countertops
  • Bathtub
  • Duveneck Elementary School Rated A+
  • 1 Car Detached Garage
  • Bathroom on Main Level

About This Home

As of August 2022

Storybook Charm| Coveted neighborhood| Awarded 2010 NKBA 3rd place winner for both kitchen and primary bathroom remodel by De Anza Interior Design, featured in California Home+Design magazine 2010 May issue| Sleek kitchen remodel: Italian brand Futuro Futuro range hood, Miele/Bosch/Viking appliances, Blue Louise granite countertops and flip-up cabinet doors| Elegantly remodeled bathrooms: both with frame-less glass shower enclosures (hall bath has a separate hydrotherapy AirMasseur bathtub), designer amenities, and bidet toilets| Brazilian Walnut wood floors, mostly Milgard windows, Noritz tankless water heater, central forced air heating and air conditioning, attic fan to keep the house cool and pull-down staircase in the hallway for extra storage| multiple wooden decks & brick patio| Property has a well for landscaping irrigation. This well water cuts down your domestic water usage. Seller paid about $135/year this past year for keeping the lawn green and shrubs/trees alive

Last Agent to Sell the Property

Julie Lau

Coldwell Banker Realty License #01052924 Listed on: 07/20/2022

Coldwell Banker Realty

Last Buyer's Agent

Houy Kirkpatrick

Compass License #01373211

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $40,464

Year Built

  • 1948

Lot Details

  • 6,055

Parking

  • 1 Car Detached Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,600 Sq Ft Home
  • 1-Story Property
  • Whole House Fan
  • Wood Burning Fireplace
  • Combination Dining and Living Room
  • Washer and Dryer

Kitchen

  • Built-In Self-Cleaning Oven
  • Electric Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Remodeled Bathroom
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Dual Sinks
  • Bathtub
  • Walk-in Shower

Utilities

  • Forced Air Heating and Cooling System
  • Well

Home Details

Home Type

Single Family

Est. Annual Taxes

$40,464

Year Built

1948

Lot Details

0

Parking

1

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Age: 74
  • Listing Class: Residential
  • Structure Sq Ft: 1600
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1948

Interior Features

  • Fireplace: Wood Burning
  • Dining Room: Dining Area In Living Room
  • Kitchen: Cooktop - Electric, Countertop - Granite, Dishwasher, Garbage Disposal, Hood Over Range, Microwave, Oven - Built-In, Oven - Self Cleaning, Pantry, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1600
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Tile, Wood
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Full On Ground Floor, Primary - Stall Shower(s), Stall Shower - 2+, Tub, Updated Bath

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Detached Garage

Utilities

  • Cooling System: Central Ac, Whole House / Attic Fan
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: Palo Alto Unified
  • Elementary School: Duveneck Elementary
  • Middle School: Frank S. Greene Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 311
  • Middle School: 329

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6270.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6270.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2022
Closed on
Aug 4, 2022
Sold by
Ruey-Chen Hsieh Richard and Jing-Yue Penny
Bought by
Hu Kevin and Che Denise
Seller's Agent
Julie Lau
Coldwell Banker Realty
Buyer's Agent
Houy Kirkpatrick
Compass
List Price
$3,295,000
Sold Price
$3,300,000
Premium/Discount to List
$5,000
0.15%
Current Estimated Value
$3,703,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$403,000
Avg. Annual Appreciation
4.37%

Purchase Details

Closed on
Jul 10, 2006
Sold by
Christensen Terrence B and Christensen Teddy B
Bought by
Hsieh Richard Ruey Chen and Hsieh Penny Jing Yueh

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
2%
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
Hu Kevin $3,300,000 Chicago Title
Hsieh Richard Ruey Chen $1,375,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hsieh Richard Ruey Chen $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2022 08/12/22 Sold $3,300,000 +0.2% $2,063 / Sq Ft
07/31/2022 07/31/22 Pending -- -- --
07/20/2022 07/20/22 For Sale $3,295,000 -- $2,059 / 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 $40,464 $3,433,320 $3,173,220 $260,100
2024 $40,464 $3,366,000 $3,111,000 $255,000
2023 $40,464 $3,185,000 $2,943,700 $241,300
2022 $21,561 $1,735,946 $1,483,450 $252,496
2021 $21,134 $1,701,909 $1,454,363 $247,546
2020 $20,703 $1,684,459 $1,439,451 $245,008
2019 $20,471 $1,651,431 $1,411,227 $240,204
2018 $19,914 $1,619,051 $1,383,556 $235,495
2017 $19,563 $1,587,306 $1,356,428 $230,878
2016 $19,047 $1,556,183 $1,329,832 $226,351
2015 $18,859 $1,532,808 $1,309,857 $222,951
2014 $18,448 $1,502,783 $1,284,199 $218,584
Source: Public Records

Agents Affiliated with this Home

  • Julie Lau

    Seller's Agent in 2022

    Julie Lau

    Coldwell Banker Realty

    (650) 752-0745

    4 in this area

    57 Total Sales

    Julie Lau
    Section Image
  • Houy Kirkpatrick

    Buyer's Agent in 2022

    Houy Kirkpatrick

    Compass

    (760) 285-1174

    1 in this area

    20 Total Sales

    Houy Kirkpatrick
    Section Image
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Map

Source: MLSListings

MLS Number: ML81900902

MLSListings

APN: 003-40-034

California Santa Clara County Palo Alto 94303 Duveneck-Saint Francis

231 Iris Way, Palo Alto, CA

This home is located at 231 Iris Way, Palo Alto, CA 94303 since 20 July 2022 and is currently estimated at $3,703,000, approximately $2,314 per square foot. This property was built in 1948. 231 Iris Way is a home located in Santa Clara County with nearby schools including Duveneck Elementary School, Frank S. Greene Jr. Middle, and Palo Alto High School.

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