NOT LISTED FOR SALE

Estimated Value: $2,956,000 - $6,895,000

3 Beds
1 Bath
1,475 Sq Ft
$3,439/Sq Ft Est. Value

Last Sold February 03, 2016

Last sale price $2,160,000 $1,464 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $32,320/month

7 Days on Market

Highlights

  • Formal Dining Room
  • 1 Car Detached Garage
  • Bungalow
  • Addison Elementary School Rated A+
  • Bathtub with Shower
  • 2-minute walk to Johnson Park

About This Home

As of February 2016

Perfectly located just three blocks from University Avenue. Enjoy the many restaurants, coffee houses, and shopping in downtown Palo Alto or have a picnic at nearby Johnson Park. Home has deferred maintenance; remodel or build new.

Last Agent to Sell the Property

Elizabeth Rhodes

Compass License #01179852 Listed on: 01/20/2016

Compass

Last Buyer's Agent

Vivian Wang

Coldwell Banker Realty License #01181179

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $56,189

Year Built

  • Built in 1923

Lot Details

  • 5,619 Sq Ft Lot
  • Back Yard Fenced
  • Level Lot
  • Zoning described as R2

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Fixer Upper
  • Wood Frame Construction
  • Tar and Gravel Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,475 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Formal Dining Room
  • Unfinished Basement

Kitchen

  • Built-In Oven
  • Electric Oven
  • Electric Cooktop
  • Dishwasher
  • Formica Countertops

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Utilities

  • Floor Furnace
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 120-14-022

Home Details

Home Type

Single Family

Est. Annual Taxes

$56,189

Year Built

Built in 1923

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Bungalow
  • Property Condition: Fixer Upper
  • Age: 93
  • Listing Class: Residential
  • Structure Sq Ft: 1475
  • Year Built: 1923
  • Zoning Description: R2
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Formal Dining Room
  • Kitchen: Cooktop - Electric, Countertop - Formica, Dishwasher, Oven - Built-In, Oven - Electric
  • Living Sq Ft: 1475
  • Stories: 1
  • Laundry: Hookup - Washer/Dryer
  • Flooring: Carpet, Tile, Vinyl / Linoleum
  • Additional Rooms: Basement - Unfinished
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Shower and Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Tar and Gravel
  • Yard/Grounds: Fenced
  • Fencing: Fenced Back
  • Construction Type: Wood Frame

Garage/Parking

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

Utilities

  • Heating System: Floor Furnace, Gas
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Palo Alto Unified
  • Elementary School: Addison Elementary
  • Middle School: David Starr Jordan Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 309
  • Middle School: 329

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 120-14-022
  • Lot Acres: 0.1290
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5600.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5600.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 8, 2016
Sold by
Liu Jiarui and Fang Fang
Bought by
Fang Fang and Liu Jiarui
Current Estimated Value
$5,072,490

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
Outstanding Balance
$799,073
Interest Rate
3.61%
Mortgage Type
New Conventional
Estimated Equity
$4,307,498

Purchase Details

Listed on
Jan 20, 2016
Closed on
Jan 28, 2016
Sold by
Apple Steven V
Bought by
Liu Jiarui and Fang Fang
Seller's Agent
Elizabeth Rhodes
Compass
Buyer's Agent
Vivian Wang
Coldwell Banker Realty
List Price
$1,949,000
Sold Price
$2,160,000
Premium/Discount to List
$211,000
10.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.42%

Purchase Details

Closed on
Nov 21, 2006
Sold by
Mathison Shirley R
Bought by
Mathison Shirley R
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Fang Fang -- Chicago Title Company
Liu Jiarui $2,160,000 Chicago Title Company
Mathison Shirley R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fang $500,000
Open Fang Fang $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2016 02/03/16 Sold $2,160,000 +10.8% $1,464 / Sq Ft
01/28/2016 01/28/16 Pending -- -- --
01/20/2016 01/20/16 For Sale $1,949,000 -- $1,321 / 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 $56,189 $4,799,192 $2,557,001 $2,242,191
2024 $56,189 $4,705,091 $2,506,864 $2,198,227
2023 $55,365 $4,612,835 $2,457,710 $2,155,125
2022 $54,732 $4,522,388 $2,409,520 $2,112,868
2021 $53,654 $4,433,715 $2,362,275 $2,071,440
2020 $52,531 $4,388,253 $2,338,053 $2,050,200
2019 $51,955 $4,302,209 $2,292,209 $2,010,000
2018 $32,056 $2,650,444 $2,247,264 $403,180
2017 $26,829 $2,203,200 $2,203,200 $0
2016 $2,233 $121,787 $50,743 $71,044
2015 $2,203 $119,958 $49,981 $69,977
2014 $2,061 $117,609 $49,002 $68,607
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81547717

MLSListings

APN: 120-14-022