NOT LISTED FOR SALE

Estimated Value: $2,560,000 - $2,879,000

2 Beds
1 Bath
1,025 Sq Ft
$2,685/Sq Ft Est. Value

Last Sold August 25, 2023

Last sale price $2,475,000 $2,415 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $17,429/month

11 Days on Market

Highlights

  • Wood Flooring
  • Walk-in Shower
  • Dining Area
  • Duveneck Elementary School Rated A+
  • Washer and Dryer
  • 1-Story Property

About This Home

As of August 2023

Nestled on a quiet street in the coveted Green Gables neighborhood, this wonderful home has been beautifully remodeled and lovingly cherished. Welcomed by a lush front garden and charming porch, the single level home boasts a thoughtful floor plan highlighted by gorgeous hardwood floors, a fabulous kitchen, and expansive windows providing an abundance of natural light. Impressive kitchen with shaker style cabinetry, quartz counters, ceramic subway tile backsplash, stainless steel appliances including a gas range, and recessed lights. Spacious living room with a wood burning fireplace, recessed lighting, & expansive windows capturing views of the front garden. Spectacular backyard features a sweeping pavered patio, lush lawn, and mature foliage. Excellent location near Edgewood Shopping Center, Rinconada Library, PA Junior Museum & Zoo, Lucie Stern Community Center, & Highway 101 plus outstanding Palo Alto Schools.

Last Agent to Sell the Property

Greg Celotti

Compass License #01360103 Listed on: 08/03/2023

Compass

Last Buyer's Agent

Yiyang Cheng

FlyHomes, Inc License #02160578

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,196

Year Built

  • Built in 1947

Lot Details

  • 5,837 Sq Ft Lot
  • Zoning described as R1

Parking

  • 1 Car Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,025 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dining Area
  • Washer and Dryer

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Walk-in Shower

Listing and Financial Details

  • Assessor Parcel Number 003-48-051

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,196

Year Built

Built in 1947

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Age: 76
  • Listing Class: Residential
  • Structure Sq Ft: 1025
  • Year Built: 1947
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room
  • Dining Room: Dining Area
  • Kitchen: Dishwasher, Microwave, Oven Range, Refrigerator
  • Living Sq Ft: 1025
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Hardwood, Tile
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Stall Shower
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

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

Utilities

  • Heating System: Electric
  • Sewer/Septic System: Sewer - Public

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

  • Parcel Number: 003-48-051
  • Lot Acres: 0.1340
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5839.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5839.00

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: Frank S. Greene Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2023
Closed on
Aug 24, 2023
Sold by
Chen Lianghao and Chen Yan
Bought by
Shu Yan
Seller's Agent
Greg Celotti
Compass
Buyer's Agent
Yiyang Cheng
FlyHomes, Inc
List Price
$2,198,000
Sold Price
$2,475,000
Premium/Discount to List
$277,000
12.6%
Views
77
Current Estimated Value
$2,752,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$277,339
Avg. Annual Appreciation
4.68%
Original Mortgage
$1,980,000
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 3, 2023
Closed on
Aug 21, 2023
Sold by
Constance Joy Reist Revocable Trust
Bought by
Shu Yan and Chen Lianghao
Seller's Agent
Greg Celotti
Compass
Buyer's Agent
Yiyang Cheng
FlyHomes, Inc
List Price
$2,198,000
Sold Price
$2,475,000
Premium/Discount to List
$277,000
12.6%
Views
77

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,980,000
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2014
Sold by
Reist Constance Joy
Bought by
Reist Constance Joy

Purchase Details

Closed on
May 23, 1998
Sold by
Altieri Amy T and Altieri Greig E
Bought by
Reist Constance Joy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,000
Interest Rate
7.17%

Purchase Details

Closed on
Jan 4, 1995
Sold by
Madsen John E
Bought by
Altieri Greig E and Altieri Amy Taylor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,500
Interest Rate
9.27%
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
Shu Yan -- Fidelity National Title
Chen Lianghao -- Fidelity National Title
Shu Yan $2,475,000 Fidelity National Title Compan
Reist Constance Joy -- None Available
Reist Constance Joy $449,500 First American Title Co
Altieri Greig E $315,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yan Shu $1,965,000
Closed Chen Lianghao $1,980,000
Previous Owner Reist Constance Joy $242,000
Previous Owner Reist Constance Joy $263,000
Previous Owner Reist Constance Joy $300,000
Previous Owner Reist Constance Joy $314,000
Previous Owner Altieri Greig E $283,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2023 08/25/23 Sold $2,475,000 +12.6% $2,415 / Sq Ft
08/15/2023 08/15/23 Pending -- -- --
08/03/2023 08/03/23 For Sale $2,198,000 -- $2,144 / 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 $29,196 $2,524,500 $2,397,000 $127,500
2024 $29,196 $2,475,000 $2,350,000 $125,000
2023 $8,183 $689,241 $613,899 $75,342
2022 $8,086 $675,727 $601,862 $73,865
2021 $7,925 $662,478 $590,061 $72,417
2020 $7,756 $655,686 $584,011 $71,675
2019 $7,672 $642,830 $572,560 $70,270
2018 $7,469 $630,227 $561,334 $68,893
2017 $7,337 $617,871 $550,328 $67,543
2016 $7,134 $605,757 $539,538 $66,219
2015 $7,065 $596,659 $531,434 $65,225
2014 $6,952 $584,972 $521,024 $63,948
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81937083

MLSListings

APN: 003-48-051