NOT LISTED FOR SALE

2361 Louis Rd Palo Alto, CA 94303

Old Palo Alto Neighborhood

Estimated Value: $3,269,000 - $7,632,000

3 Beds
2 Baths
1,280 Sq Ft
$4,403/Sq Ft Est. Value

Last Sold June 20, 2012

Last sale price $1,625,000 $1,270 Per Sq Ft

Est. 247% increase in value since last sale

Current estimated payment $33,733/month

7 Days on Market

Highlights

  • Primary Bedroom Suite
  • Cottage
  • Bathtub with Shower
  • Duveneck Elementary School Rated A+
  • Breakfast Area or Nook
  • Tile Flooring

About This Home

As of June 2012

Don’t miss out on this fantastic opportunity to build the home of your dreams! You can build a large two-story home with a basement and a separate guest cottage on this sprawling 11,159sf +/- property in sought-after Green Gables. Walking distance to excellent schools, neighborhood parks, the nature preserve, and small businesses, this property is ideally located within Palo Alto.

Last Agent to Sell the Property

Jennifer Gonzalez La'O

Oliver Luxury Real Estate License #01418866 Listed on: 05/10/2012

Oliver Luxury Real Estate

Last Buyer's Agent

Jennifer Gonzalez La'O

Oliver Luxury Real Estate License #01418866 Listed on: 05/10/2012

Oliver Luxury Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $46,262

Year Built

  • Built in 1926

Lot Details

  • Zoning described as R1

Parking

  • No Garage

Home Design

  • Cottage
  • Slab Foundation
  • Metal Roof

Interior Spaces

  • 1,280 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating System
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 003-52-039

Home Details

Home Type

Single Family

Est. Annual Taxes

$46,262

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Style: Cottage/Bungalow
  • Age: 86
  • Sale Price Per Sq Ft: 1269.53
  • Listing Class: Residential
  • Structure Sq Ft: 1280
  • Barclay Horizontal: 11
  • Barclays Page: 12
  • Incorporated: Yes
  • Map Book Page: 791
  • Map Book Page Secondary: 12
  • Map Side Coordinate: 5
  • Map Side Coordinate Secondary: 83
  • Map Top Coordinate: C
  • Map Top Coordinate Secondary: 11
  • Thomas Bros Page: 791
  • Thomas Brothers: C5
  • Year Built: 1926
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Dining Room: Dining Area in Living Room, Breakfast Nook
  • Kitchen: Dishwasher, Refrigerator, Oven Range
  • Living Sq Ft: 1280
  • Stories: 1
  • Bedrooms: Primary Suite / Retreat
  • Laundry: In Laundry Room, Dryer, Washer
  • Flooring: Tile, Carpet - Wall to Wall, Vinyl / Linoleum
  • Maximum Bathrooms: 2
  • Maximum Numberof Bedrooms: 3
  • Minimum Bathrooms: 2
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Shower over Tub - 1, Tubs - 1, Stall Shower, Tub in Primary Bedroom

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Pool - No
  • Roof: Metal

Garage/Parking

  • Garage Parking Features: No Garage, No Parking

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Sewer in Street, Sewer Connected

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: 003-52-039
  • List Price per Sq Ft: 1162.50
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 11159.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 11159.00
  • Lot Size Area Min Search: 11159.00
  • Maximum Lot Size: 11159.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Multi Family

  • Maximum Building Height: 1
  • Minimum Building Height: 1

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
May 10, 2012
Closed on
Jun 5, 2012
Sold by
Witt James
Bought by
Fan Shi Ping and Wang Yih Ing
Seller's Agent
Jennifer Gonzalez La'O
Oliver Luxury Real Estate
Buyer's Agent
Jennifer Gonzalez La'O
Oliver Luxury Real Estate
List Price
$1,488,000
Sold Price
$1,625,000
Premium/Discount to List
$137,000
9.21%
Current Estimated Value
$5,635,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,010,569
Avg. Annual Appreciation
9.79%

Purchase Details

Closed on
Mar 13, 2012
Sold by
Procter Virginia S
Bought by
Witt James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,298,000
Interest Rate
3.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 5, 2012
Sold by
Procter Virginia S
Bought by
Herndon Richard J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,298,000
Interest Rate
3.83%
Mortgage Type
Purchase Money Mortgage
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
Fan Shi Ping $1,297,750 Old Republic Title Company
Witt James $1,297,750 Old Republic Title Company
Herndon Richard J $394,000 None Available
Procter Virginia S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Witt James $1,298,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2012 06/20/12 Sold $1,625,000 +9.2% $1,270 / Sq Ft
05/17/2012 05/17/12 Pending -- -- --
05/10/2012 05/10/12 For Sale $1,488,000 -- $1,163 / 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 $46,262 $3,977,528 $2,028,528 $1,949,000
2024 $46,262 $3,852,753 $1,988,753 $1,864,000
2023 $38,178 $3,149,758 $1,949,758 $1,200,000
2022 $36,793 $3,008,528 $1,911,528 $1,097,000
2021 $26,516 $2,147,048 $1,874,048 $273,000
2020 $22,925 $1,866,314 $1,854,832 $11,482
2019 $22,672 $1,829,720 $1,818,463 $11,257
2018 $22,054 $1,793,844 $1,782,807 $11,037
2017 $21,667 $1,758,671 $1,747,850 $10,821
2016 $21,098 $1,724,188 $1,713,579 $10,609
2015 $20,892 $1,698,290 $1,687,840 $10,450
2014 $20,450 $1,665,024 $1,654,778 $10,246
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    Jennifer Gonzalez La'O

    Oliver Luxury Real Estate

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Map

Source: MLSListings

MLS Number: ML81217511

MLSListings

APN: 003-52-039

California Santa Clara County Palo Alto 94303 Old Palo Alto

2361 Louis Rd, Palo Alto, CA

This home is located at 2361 Louis Rd, Palo Alto, CA 94303 since 10 May 2012 and is currently estimated at $5,635,569, approximately $4,402 per square foot. This property was built in 1926. 2361 Louis Rd 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.

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