NOT LISTED FOR SALE

Estimated Value: $3,200,000 - $3,585,000

4 Beds
2.5 Baths
1,581 Sq Ft
$2,156/Sq Ft Est. Value

Last Sold December 30, 2021

Last sale price $2,650,000 $1,676 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $21,320/month

90 Days on Market

Highlights

  • Wood Flooring
  • Neighborhood Views
  • Garden Windows
  • Duveneck Elementary School Rated A+
  • Den
  • Shed

About This Home

As of December 2021

4 bed 2.5 bath Palo Alto home with room for 1,000 sq ft ADU. Inviting front yard on large 8,905 sq ft lot with mature trees and lots of room. Hardwood floors, updated master bath, dual pane windows, additional detached storage and expanded off-street parking. Close to Stanford Shopping Center, University Ave., Caltrain station and downtown. All with renowned Palo Alto schools (Buyer to verify eligibility)

Last Agent to Sell the Property

Steve Luke

Elite Realty Services License #01400121 Listed on: 08/13/2021

Elite Realty Services

Co-Listed By

Fariba Saghebi

Elite Realty Services License #01412662

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $33,395

Year Built

  • 1947

Lot Details

  • 8,904 Sq Ft Lot
  • Wood Fence
  • Pie Shaped Lot
  • Back Yard Fenced

Parking

  • 1 Car Garage
  • Off-Site Parking

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,581 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Garden Windows
  • Separate Family Room
  • Dining Area
  • Den
  • Wood Flooring
  • Neighborhood Views
  • Electric Dryer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Remodeled Bathroom
  • Walk-in Shower

Outdoor Features

  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts

Home Details

Home Type

Single Family

Est. Annual Taxes

$33,395

Year Built

1947

Lot Details

0

Parking

1

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Style: Ranch
  • Age: 74
  • Listing Class: Residential
  • Structure Sq Ft: 1581
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1947

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining Area
  • Kitchen: 220 Volt Outlet
  • Fireplace: Yes
  • Living Sq Ft: 1581
  • Stories: 1
  • Laundry: Electricity Hookup (220V)
  • Flooring: Hardwood
  • Additional Rooms: Den / Study / Office
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Primary - Stall Shower(s), Stall Shower, Updated Bath

Exterior Features

  • Foundation: Wood Frame
  • Roof: Composition, Shingle
  • View: Neighborhood
  • Yard/Grounds: Back Yard, Fenced, Storage Shed / Structure
  • Fencing: Fenced Back, Wood
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 4
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Off-Site Parking

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Garden Window

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 Description: Pie Shaped
  • Lot Acres: 0.2044
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8905.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8905.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2021
Closed on
Dec 21, 2021
Sold by
Gollub Jeremy N and Gollub Rachel
Bought by
Chang Victor and Lin Amy
Seller's Agent
Steve Luke
Elite Realty Services
Buyer's Agent
Juliana Lee
JLEE Realty
List Price
$2,799,999
Sold Price
$2,650,000
Premium/Discount to List
-$149,999
-5.36%
Current Estimated Value
$3,408,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$758,706
Avg. Annual Appreciation
7.10%
Original Mortgage
$1,987,500
Outstanding Balance
$1,835,470
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$1,573,236

Purchase Details

Closed on
Oct 11, 2001
Sold by
Choi Jeong Yeol and Choi Sungshin Y
Bought by
Gollub Jeremy N and Gollub Rachel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,000
Interest Rate
6.5%

Purchase Details

Closed on
Jul 2, 1996
Sold by
Agnew Mark W and Agnew Stephanie Barry
Bought by
Choi Jeong Yeol and Choi Sungshin Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
8.12%
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
Chang Victor $2,650,000 First American Title Company
Gollub Jeremy N $735,000 Fidelity National Title Co
Choi Jeong Yeol $392,500 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chang Victor $1,987,500
Previous Owner Gollub Jeremy N $682,000
Previous Owner Gollub Jeremy N $575,000
Previous Owner Gollub Jeremy N $514,293
Previous Owner Gollub Jeremy $125,000
Previous Owner Gollub Jeremy N $578,000
Previous Owner Gollub Jeremy N $582,000
Previous Owner Gollub Jeremy N $588,000
Previous Owner Choi Jeong Yeol $350,000
Previous Owner Choi Jeong Yeol $350,000
Previous Owner Choi Jeong Yeol $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2021 12/30/21 Sold $2,650,000 -5.4% $1,676 / Sq Ft
11/11/2021 11/11/21 Pending -- -- --
10/13/2021 10/13/21 For Sale $2,799,999 0.0% $1,771 / Sq Ft
10/09/2021 10/09/21 Pending -- -- --
09/25/2021 09/25/21 Price Changed $2,799,999 -3.4% $1,771 / Sq Ft
08/13/2021 08/13/21 For Sale $2,900,000 -- $1,834 / 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 $33,395 $2,812,200 $2,759,140 $53,060
2024 $33,395 $2,757,060 $2,705,040 $52,020
2023 $32,904 $2,703,000 $2,652,000 $51,000
2022 $32,525 $2,650,000 $2,600,000 $50,000
2021 $12,816 $1,003,112 $818,873 $184,239
2020 $12,561 $992,827 $810,477 $182,350
2019 $12,418 $973,361 $794,586 $178,775
2018 $12,088 $954,276 $779,006 $175,270
2017 $11,873 $935,566 $763,732 $171,834
2016 $11,558 $917,222 $748,757 $168,465
2015 $11,439 $903,445 $737,510 $165,935
2014 $11,149 $885,749 $723,064 $162,685
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81853560

MLSListings

APN: 003-48-028