NOT LISTED FOR SALE

Estimated Value: $4,331,000 - $4,852,000

4 Beds
2.5 Baths
2,405 Sq Ft
$1,928/Sq Ft Est. Value

Last Sold March 08, 2024

Last sale price $4,300,000 $1,788 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $28,861/month

6 Days on Market

Highlights

  • Radiant Floor
  • Formal Dining Room
  • Open to Family Room
  • Walter Hays Elementary Rated A+
  • 1 Car Detached Garage
  • 2-minute walk to Bowden Park

About This Home

As of March 2024

Nestled in one of the most cherished locations in Palo Alto, this timeless home offers superior craftsmanship and casual elegance. A stunningly lovely front garden welcomes you home. Once through the front door, you are greeted by a gracious living room with a wood-burning fireplace and an adjoining dining room with custom shelving that could be used as an office or library. The spacious, eat-in kitchen features a custom-built LaCanche range and opens to a charming, light-filled family room. Tucked away on the first floor, the primary suite features a sparkling bath, 2 generous closets and access to a covered terrace overlooking the manicured back garden. Three additional large bedrooms are upstairs, all with custom-fitted closets and bead board paneling offering a signature charm combined with ease of maintenance. The professionally landscaped rear yard is private and serene, featuring a brick terrace for al fresco dining as well as a detached one-car garage. This home was thoughtfully remodeled and expanded using the very best materials and know-how.

Last Agent to Sell the Property

Judy Decker

Compass License #01199563 Listed on: 02/22/2024

Compass

Last Buyer's Agent

Janie Barman

Compass License #01270223

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,493

Year Built

  • Built in 1930

Lot Details

  • 5,624 Sq Ft Lot
  • Back Yard Fenced

Parking

  • 1 Car Detached Garage

Home Design

  • Wood Frame Construction
  • Ceiling Insulation
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,405 Sq Ft Home
  • 2-Story Property
  • Whole House Fan
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Formal Dining Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen

Flooring

  • Wood
  • Radiant Floor
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level
  • Bathtub with Shower

Eco-Friendly Details

  • Solar Heating System

Listing and Financial Details

  • Assessor Parcel Number APN 124-14-060

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,493

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Age: 94
  • Listing Class: Residential
  • Structure Sq Ft: 2405
  • Incorporated: Yes
  • Year Built: 1930
  • Zoning Description: R-1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Living Room, Wood Burning
  • Dining Room: Eat in Kitchen, Formal Dining Room
  • Living Sq Ft: 2405
  • Stories: 2
  • Flooring: Hardwood, Tile
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Full on Ground Floor, Half on Ground Floor, Shower over Tub - 1
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Fencing: Fenced Back
  • Construction Type: Wood Frame

Garage/Parking

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

Utilities

  • Cooling System: Ceiling Fan, Whole House / Attic Fan
  • Heating System: Radiant Floors, Solar
  • Sewer/Septic System: Sewer - Public

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

  • Parcel Number: APN 124-14-060
  • Lot Acres: 0.1291
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5625.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5625.00

Green Features

  • Energy Features: Ceiling Insulation, Solar Heating

Multi Family

  • Utilities: Natural Gas, 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

Closed on
Aug 29, 2024
Sold by
Tei Eat 171 Llc
Bought by
Janice Mcclain And David Magnus Living Trust and Mcclain
Current Estimated Value
$4,637,809

Purchase Details

Listed on
Feb 22, 2024
Closed on
Mar 4, 2024
Sold by
Haas Elise K
Bought by
Tei Eat 171 Llc
Seller's Agent
Judy Decker
Compass
Buyer's Agent
Janie Barman
Compass
List Price
$3,988,000
Sold Price
$4,300,000
Premium/Discount to List
$312,000
7.82%
Views
23

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.99%
Original Mortgage
$4,196,436
Interest Rate
6.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 6, 2006
Sold by
Gray Joseph Harold and Macdonald Kathryn Therese
Bought by
Haas Elise K

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
6.3%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Janice Mcclain And David Magnus Living Trust $4,300,000 Chicago Title Company
Tei Eat 171 Llc $4,300,000 Chicago Title
Haas Elise K $2,370,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tei Eat 171 Llc $4,196,436
Previous Owner Haas Elise K $615,000
Previous Owner Haas Elise K $785,000
Previous Owner Haas Elise K $835,000
Previous Owner Haas Elise K $1,000,000
Previous Owner Gray Joseph Harold $429,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2024 03/08/24 Sold $4,300,000 +7.8% $1,788 / Sq Ft
02/29/2024 02/29/24 Pending -- -- --
02/22/2024 02/22/24 For Sale $3,988,000 -- $1,658 / 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
2024 $37,493 $3,113,031 $1,510,542 $1,602,489
2023 $36,942 $3,051,992 $1,480,924 $1,571,068
2022 $36,515 $2,992,150 $1,451,887 $1,540,263
2021 $35,795 $2,933,481 $1,423,419 $1,510,062
2020 $35,051 $2,903,403 $1,408,824 $1,494,579
2019 $34,665 $2,846,474 $1,381,200 $1,465,274
2018 $33,707 $2,790,662 $1,354,118 $1,436,544
2017 $33,115 $2,735,944 $1,327,567 $1,408,377
2016 $32,248 $2,682,299 $1,301,537 $1,380,762
2015 $31,935 $2,642,009 $1,281,987 $1,360,022
2014 $31,314 $2,590,257 $1,256,875 $1,333,382
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81955061

MLSListings

APN: 124-14-060