NOT LISTED FOR SALE

Estimated Value: $4,740,379 - $5,100,000

4 Beds
3 Baths
2,645 Sq Ft
$1,844/Sq Ft Est. Value

Last Sold February 21, 2016

Last sale price $3,310,000 $1,251 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $30,420/month

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Hydromassage or Jetted Bathtub
  • Duveneck Elementary School Rated A+
  • Marble Bathroom Countertops
  • High Ceiling

About This Home

As of February 2016

This home is located at 2340 Carmel Dr, Palo Alto, CA 94303 since 21 February 2016 and is currently estimated at $4,877,595, approximately $1,844 per square foot. This property was built in 2007. 2340 Carmel Dr 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.

Last Agent to Sell the Property

Lan Bowling

Keller Williams Palo Alto License #01248958 Listed on: 02/21/2016

Keller Williams Palo Alto

Last Buyer's Agent

Michael Yao

Bay East AOR License #01923767

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $46,130

Year Built

  • Built in 2007

Lot Details

  • 6,316 Sq Ft Lot
  • Back Yard Fenced
  • Zoning described as R1

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • French Architecture
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,645 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Gas Fireplace
  • Double Pane Windows
  • Combination Dining and Living Room

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Eat-In Kitchen
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Marble Bathroom Countertops
  • Dual Sinks
  • Hydromassage or Jetted Bathtub
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • 220 Volts

Listing and Financial Details

  • Assessor Parcel Number 003-48-068

Home Details

Home Type

Single Family

Est. Annual Taxes

$46,130

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: French, Traditional
  • Age: 9
  • Listing Class: Residential
  • Structure Sq Ft: 2645
  • Year Built: 2007
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Burning, Gas Starter
  • Dining Room: Breakfast Nook, Dining Area in Living Room, Eat in Kitchen
  • Kitchen: 220 Volt Outlet, Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Island with Sink, Microwave, Refrigerator
  • Living Sq Ft: 2645
  • Stories: 2
  • Laundry: Hookup - Washer/Dryer
  • Flooring: Carpet, Hardwood, Tile
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Marble, Stall Shower, Tile, Tub, Tub with Jets
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Composition, Shingle
  • Fencing: Fenced Back

Garage/Parking

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

Utilities

  • Cooling System: Central AC
  • 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: Duveneck Elementary
  • Middle School: David Starr Jordan Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 311
  • Middle School: 329

Lot Info

  • Parcel Number: 003-48-068
  • Lot Acres: 0.1450
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6318.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6318.00

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Duveneck Elementary
  • High School Text: Palo Alto High
  • Middle School Text: David Starr Jordan Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2016
Closed on
Feb 4, 2016
Sold by
Fang Tian and Liu Dana
Bought by
Xu Qing
Seller's Agent
Lan Bowling
Keller Williams Palo Alto
Buyer's Agent
Michael Yao
Bay East AOR
List Price
$3,298,000
Sold Price
$3,310,000
Premium/Discount to List
$12,000
0.36%
Current Estimated Value
$4,877,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,567,595
Avg. Annual Appreciation
4.16%

Purchase Details

Closed on
Dec 15, 2005
Sold by
Mcnulty Maureen E
Bought by
Fang Tian and Liu Dana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$637,000
Interest Rate
6.37%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
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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
Xu Qing $3,310,000 Chicago Title Company
Fang Tian -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fang Tian $1,050,000
Previous Owner Fang Tian $837,000
Previous Owner Fang Tian $199,900
Previous Owner Fang Tian $637,000
Previous Owner Fang Tian $637,000
Previous Owner Mcnulty Maureen E $150,000
Previous Owner Mcnuity Maureen E $42,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2016 02/21/16 Sold $3,310,000 +0.4% $1,251 / Sq Ft
02/21/2016 02/21/16 Pending -- -- --
02/21/2016 02/21/16 For Sale $3,298,000 -- $1,247 / 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 $46,130 $3,918,363 $3,077,870 $840,493
2024 $46,130 $3,841,533 $3,017,520 $824,013
2023 $41,899 $3,465,000 $2,721,700 $743,300
2022 $44,934 $3,692,363 $2,900,347 $792,016
2021 $44,050 $3,619,965 $2,843,478 $776,487
2020 $43,050 $3,582,848 $2,814,322 $768,526
2019 $42,577 $3,512,597 $2,759,140 $753,457
2018 $41,395 $3,443,724 $2,705,040 $738,684
2017 $40,669 $3,376,200 $2,652,000 $724,200
2016 $21,256 $1,744,612 $923,523 $821,089
2015 $21,047 $1,718,407 $909,651 $808,756
2014 $20,601 $1,684,747 $891,833 $792,914
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81561617

MLSListings

APN: 003-48-068