NOT LISTED FOR SALE

232 Coleridge Ave Palo Alto, CA 94301

Old Palo Alto Neighborhood

Estimated Value: $6,431,000 - $13,080,452

4 Beds
4.5 Baths
3,085 Sq Ft
$3,162/Sq Ft Est. Value

Last Sold June 28, 2019

Last sale price $13,000,000 $4,214 Per Sq Ft

Est. 25% decrease in value since last sale

Current estimated payment $70,141/month

93 Days on Market

Highlights

  • Primary Bedroom Suite
  • 0.66 Acre Lot
  • Deck
  • Walter Hays Elementary Rated A+
  • Fireplace in Primary Bedroom
  • Secluded Lot

About This Home

As of June 2019

This classic beauty built in 1925 is situated on one of the most desirable streets in prestigious Old Palo Alto and is sited on a very rare 28,750 sq. ft. lot. The home's distinctive stucco façade, deeply recessed keystone panel door, timbered balcony and wrought iron grille work are defining features of the Spanish Colonial Revival style that is the iconic architectural signature of the City of Palo Alto. Designed by Birge Clark, the home's comfortable floor plan features high ceilings, and well-proportioned rooms with large windows and French doors for maximum natural light and harmonious integration of interior and exterior spaces. Architectural details include handsome millwork and 3 noteworthy Batchelder tile fireplaces. Rare opportunity to purchase a unique property in the finest Palo Alto location!

Last Agent to Sell the Property

Carol Carnevale

Compass License #00946687 Listed on: 03/13/2019

Compass

Co-Listed By

Nicole Aron

Compass License #00952657

Last Buyer's Agent

Hugh Cornish

Coldwell Banker Realty License #00912143

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $208,756

Year Built

  • Built in 1925

Lot Details

  • 0.66 Acre Lot
  • Secluded Lot
  • Level Lot
  • Sprinklers on Timer
  • Back Yard Fenced
  • Zoning described as R1929

Parking

  • 2 Car Detached Garage

Home Design

  • Spanish Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Tile Roof
  • Tar and Gravel Roof
  • Clay Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 3,085 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Wood Burning Fireplace
  • Formal Entry
  • Living Room with Fireplace
  • 3 Fireplaces
  • Formal Dining Room
  • Den
  • Storage Room
  • Neighborhood Views
  • Finished Basement
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Ceramic Countertops
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bathroom on Main Level
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry Tub
  • Electric Dryer Hookup

Outdoor Features

  • Balcony
  • Deck
  • Barbecue Area

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 124-17-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$208,756

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Spanish
  • Age: 94
  • Listing Class: Residential
  • Structure Sq Ft: 3085
  • Year Built: 1925
  • Zoning Description: R1929
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Living Room, Primary Bedroom, Wood Burning
  • Dining Room: Eat in Kitchen, Formal Dining Room
  • Kitchen: Countertop - Ceramic, Countertop - Tile, Exhaust Fan, Garbage Disposal, Oven Range, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 3085
  • Stories: 2
  • Bedrooms: Ground Floor Bedroom, Primary Suite / Retreat, Walk-in Closet
  • Laundry: Electricity Hookup (220V), In Utility Room, Inside, Tub / Sink
  • Flooring: Hardwood, Laminate, Tile, Vinyl / Linoleum
  • Additional Rooms: Basement - Finished, Den / Study / Office, Formal Entry, Laundry Room, Storage
  • Fireplaces Min: 3
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Full on Ground Floor, Half on Ground Floor, Primary - Stall Shower(s), Shower over Tub - 1, Stall Shower - 2+, Tile, Tub in Primary Bedroom
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter, Concrete Slab, Crawl Space
  • Roof: Clay, Tar and Gravel, Tile
  • View: Neighborhood
  • Yard/Grounds: Back Yard, Balcony / Patio, BBQ Area, Deck, Fenced, Sprinklers - Auto, Sprinklers - Lawn
  • Fencing: Chain Link, Fenced Back, Wood
  • Construction Type: Stucco, Wood Frame

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

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Walk-in Closet

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, Private / Secluded
  • Parcel Number: 124-17-013
  • Lot Acres: 0.6600
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 28750.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 28750.00

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
Mar 13, 2019
Closed on
Jun 24, 2019
Sold by
Tapp Mary Jane
Bought by
232 Coleridge Llc
Seller's Agent
Carol Carnevale
Compass
Buyer's Agent
Hugh Cornish
Coldwell Banker Realty
List Price
$17,500,000
Sold Price
$13,000,000
Premium/Discount to List
-$4,500,000
-25.71%
Current Estimated Value
$9,755,726

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,244,274
Avg. Annual Appreciation
-4.52%
Original Mortgage
$7,500,000
Interest Rate
2.95%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
232 Coleridge Llc $13,000,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coleridge Llc $11,500,000
Closed 232 Coleridge Llc $7,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2019 06/28/19 Sold $13,000,000 -13.3% $4,214 / Sq Ft
06/15/2019 06/15/19 Pending -- -- --
05/29/2019 05/29/19 Price Changed $15,000,000 -14.3% $4,862 / Sq Ft
03/13/2019 03/13/19 For Sale $17,500,000 -- $5,673 / 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 $208,756 $18,043,732 $14,278,642 $3,765,090
2024 $208,756 $17,689,934 $13,998,669 $3,691,265
2023 $205,714 $17,343,074 $13,724,186 $3,618,888
2022 $178,063 $14,875,168 $13,455,085 $1,420,083
2021 $160,444 $13,397,373 $13,191,260 $206,113
2020 $157,049 $13,260,000 $13,056,000 $204,000
2019 $3,729 $241,650 $122,998 $118,652
2018 $3,645 $236,913 $120,587 $116,326
2017 $3,578 $232,269 $118,223 $114,046
2016 $3,477 $227,715 $115,905 $111,810
2015 $3,435 $224,295 $114,164 $110,131
2014 $3,273 $219,902 $111,928 $107,974
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2019

    Carol Carnevale

    Compass

    Section Image

  • N

    Seller Co-Listing Agent in 2019

    Nicole Aron

    Compass

    Section Image
  • Hugh Cornish

    Buyer's Agent in 2019

    Hugh Cornish

    Coldwell Banker Realty

    (650) 566-5353

    1 in this area

    112 Total Sales

    Hugh Cornish
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81742469

MLSListings

APN: 124-17-013

California Santa Clara County Palo Alto 94301 Old Palo Alto

232 Coleridge Ave, Palo Alto, CA

This home is located at 232 Coleridge Ave, Palo Alto, CA 94301 since 13 March 2019 and is currently estimated at $9,755,726, approximately $3,162 per square foot. This property was built in 1925. 232 Coleridge Ave is a home located in Santa Clara County with nearby schools including Walter Hays Elementary, Frank S. Greene Jr. Middle, and Palo Alto High School.

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