NOT LISTED FOR SALE

Estimated Value: $4,062,000 - $4,713,000

4 Beds
2.5 Baths
2,054 Sq Ft
$2,113/Sq Ft Est. Value

Last Sold June 12, 2024

Last sale price $4,300,000 $2,093 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $26,222/month

5 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Marble Countertops
  • Walter Hays Elementary Rated A+
  • Main Floor Bedroom
  • 3-minute walk to Bowden Park

About This Home

As of June 2024

Welcome to your charming oasis in the heart of Palo Alto's most desirable Old Palo Alto neighborhood. This exquisite home offers a seamless blend of comfort, style, and convenience. Step inside to discover a gorgeous living room flooded with natural light, hardwood floors, a fireplace and beautifully updated kitchen with marble countertops, modern appliances, and a built-in office nook. Venture outdoors to your private retreat, where a stunning deck awaits, overlooking the private rear yard and garage converted to bonus family room space (not included in square footage). With its premier location on one of the most cherished streets in Old Palo Alto, every amenity needed is in close proximity including Bowden Park and an array of fine shopping and dining on renowned California Avenue just blocks away. Excellent Palo Alto schools- Walter Hays Elementary, Greene Middle, Palo Alto High.

Last Agent to Sell the Property

Leannah Hunt

Christie's International Real Estate Sereno License #70010715 Listed on: 05/16/2024

Christie's International Real Estate Sereno

Last Buyer's Agent

Zehong Zhang

Maxreal License #01970276

Maxreal

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,837

Year Built

  • Built in 1930

Lot Details

  • 5,624 Sq Ft Lot
  • Back and Front Yard Fenced
  • Sprinklers on Timer
  • Zoning described as R1

Parking

  • Uncovered Parking

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,054 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Separate Family Room
  • Dining Area
  • Wood Flooring
  • Washer and Dryer

Kitchen

  • Range Hood
  • Microwave
  • Dishwasher
  • Marble Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Remodeled Bathroom
  • Bathroom on Main Level
  • Bathtub
  • Walk-in Shower

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan

Listing and Financial Details

  • Assessor Parcel Number 124-14-039

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,837

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Age: 94
  • Listing Class: Residential
  • Structure Sq Ft: 2054
  • Year Built: 1930
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining Area
  • Kitchen: Countertop - Marble, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Microwave, Oven Range - Built-In, Gas, Refrigerator
  • Living Sq Ft: 2054
  • Stories: 2
  • Bedrooms: More than One Bedroom on Ground Floor, Walk-in Closet
  • Laundry: Washer / Dryer
  • Flooring: Hardwood
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Full on Ground Floor, Primary - Stall Shower(s), Tub in Primary Bedroom, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Yard/Grounds: Back Yard, Deck, Sprinklers - Auto, Sprinklers - Lawn
  • Fencing: Fenced Back, Fenced Front

Garage/Parking

  • Garage Parking Features: Uncovered Parking

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: Palo Alto Unified
  • Elementary School: Walter Hays Elementary
  • Middle School: Frank S. Greene Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 315
  • Middle School: 329

Lot Info

  • Parcel Number: 124-14-039
  • Lot Acres: 0.1291
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5625.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5625.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Walter Hays Elementary
  • High School Text: Palo Alto High
  • Middle School Text: Frank S. Greene Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 19, 2024
Sold by
Duan Pengfei
Bought by
Duan Pengfei and Duan-Li Trust
Current Estimated Value
$4,340,908

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 16, 2024
Closed on
Jun 3, 2024
Sold by
Merritt Family Living Trust and Merritt Christopher
Bought by
Duan Pengfei and Li Jiahui
Seller's Agent
Leannah Hunt
Christie's International Real Estate Sereno
Buyer's Agent
Zehong Zhang
Maxreal
List Price
$3,900,000
Sold Price
$4,300,000
Premium/Discount to List
$400,000
10.26%
Views
18

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.69%
Original Mortgage
$3,000,000
Interest Rate
6.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2019
Sold by
Merritt Christopher R and Merritt Loretta L
Bought by
Merritt Christopher and Merritt Loretta

Purchase Details

Closed on
Jun 19, 2008
Sold by
Cuthbert Patricia
Bought by
Merritt Christopher R and Merritt Loretta L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,473,750
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 28, 2002
Sold by
Palmer Julie Kohnen and Kohnen Julie A
Bought by
Cuthbert Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.78%

Purchase Details

Closed on
Jul 31, 1998
Sold by
Mueller Jeffrey L and Mueller Julie A
Bought by
Kohnen Julie A and Mueller Julie A

Purchase Details

Closed on
Feb 16, 1996
Sold by
Junkerman Charles and Junkerman Anne C
Bought by
Mueller Jeffrey L and Mueller Julie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,800
Interest Rate
6.7%

Purchase Details

Closed on
Jan 12, 1995
Sold by
Lora Winston E
Bought by
Junkerman Charles and Junkerman Anne C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
9.16%
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
Duan Pengfei -- None Listed On Document
Duan Pengfei $4,300,000 Chicago Title
Merritt Christopher -- None Available
Merritt Christopher R -- First American Title Co
Cuthbert Patricia -- Chicago Title Co
Kohnen Julie A -- --
Mueller Jeffrey L $636,000 Old Republic Title Company
Junkerman Charles $457,500 North American Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Duan Pengfei $3,000,000
Previous Owner Duan Pengfei $3,000,000
Previous Owner Merritt Christopher R $1,200,000
Previous Owner Merritt Christopher R $2,000,000
Previous Owner Merritt Christopher R $150,000
Previous Owner Merritt Christopher R $1,600,000
Previous Owner Merritt Christopher R $1,466,000
Previous Owner Merritt Christopher R $1,478,000
Previous Owner Merritt Christopher R $1,473,750
Previous Owner Cuthbert Patricia $487,000
Previous Owner Cuthbert Patricia $500,000
Previous Owner Cuthbert Patricia $500,000
Previous Owner Mueller Jeffrey L $508,800
Previous Owner Junkerman Charles $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2024 06/12/24 Sold $4,300,000 +10.3% $2,093 / Sq Ft
05/22/2024 05/22/24 Pending -- -- --
05/16/2024 05/16/24 For Sale $3,900,000 -- $1,899 / 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 $30,837 $4,386,000 $4,182,000 $204,000
2024 $30,837 $2,539,241 $2,253,585 $285,656
2023 $30,837 $2,489,453 $2,209,398 $280,055
2022 $30,033 $2,440,641 $2,166,077 $274,564
2021 $29,442 $2,392,786 $2,123,605 $269,181
2020 $28,834 $2,368,252 $2,101,831 $266,421
2019 $28,434 $2,321,817 $2,060,619 $261,198
2018 $27,651 $2,276,292 $2,020,215 $256,077
2017 $27,165 $2,231,659 $1,980,603 $251,056
2016 $26,452 $2,187,902 $1,941,768 $246,134
2015 $26,194 $2,155,038 $1,912,601 $242,437
2014 $25,665 $2,112,824 $1,875,136 $237,688
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81965899

MLSListings

APN: 124-14-039