NOT LISTED FOR SALE

Estimated Value: $3,338,000 - $3,577,290

3 Beds
2 Baths
1,500 Sq Ft
$2,325/Sq Ft Est. Value

Last Sold October 16, 2018

Last sale price $2,623,500 $1,749 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $23,058/month

110 Days on Market

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • Formal Dining Room
  • Walter Hays Elementary Rated A+
  • Spanish Architecture
  • Forced Air Heating System

About This Home

As of October 2018

This captivating 1930s Spanish revival style home is beautifully set in prestigious Old Palo Alto near top rated schools, vibrant California Avenue and Midtown shopping/dining. Old World charm and classic period detailing abound throughout the spacious floor plan. Elegant formal living and dining rooms are highlighted by soaring wood beamed vaulted ceilings, wrought iron detailing, expansive picture windows and hardwood floors. The picturesque and private lot offers mature plantings and a covered patio ideal for year round enjoyment. Additional amenities include oversized 1-car garage and dual pane windows. This classic home is a rare gem in a sought after location!

Last Agent to Sell the Property

Sherry Bucolo

Compass License #00613242 Listed on: 06/20/2018

Compass

Co-Listed By

Christy Giuliacci

Compass License #01506761

Last Buyer's Agent

Cindy Liu

Starriver Inc License #01458200

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,712

Year Built

  • Built in 1932

Lot Details

  • 5,009 Sq Ft Lot
  • Fenced
  • Sprinklers on Timer
  • Back Yard
  • Zoning described as R1

Parking

  • 1 Car Garage

Home Design

  • Spanish Architecture
  • Mediterranean Architecture
  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,500 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Formal Dining Room

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 124-11-015

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,712

Year Built

Built in 1932

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Mediterranean, Spanish
  • Age: 86
  • Listing Class: Residential
  • Structure Sq Ft: 1500
  • Year Built: 1932
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Formal Dining Room
  • Living Sq Ft: 1500
  • Stories: 1
  • Flooring: Hardwood, Tile, Vinyl / Linoleum
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Tile
  • Yard/Grounds: Back Yard, Fenced, Sprinklers - Auto

Garage/Parking

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

Utilities

  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Vaulted Ceiling

Schools

  • School District: Palo Alto Unified
  • Elementary School: Walter Hays Elementary
  • Middle School: David Starr Jordan Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 315
  • Middle School: 329

Lot Info

  • Parcel Number: 124-11-015
  • Lot Acres: 0.1150
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5010.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5010.00

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: David Starr Jordan Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2018
Closed on
Oct 9, 2018
Sold by
Sellier Jean Marc B and Yang Jennifer
Bought by
Ding Yuanyuan and Guo Jing
Seller's Agent
Sherry Bucolo
Compass
Buyer's Agent
Cindy Liu
Starriver Inc
List Price
$2,998,000
Sold Price
$2,623,500
Premium/Discount to List
-$374,500
-12.49%
Total Days on Market
110
Current Estimated Value
$3,651,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,027,762
Avg. Annual Appreciation
5.58%
Original Mortgage
$20,000,003
Outstanding Balance
$17,389,347
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
-$13,591,054

Purchase Details

Closed on
Oct 21, 2016
Sold by
2380 Tasso Ltd
Bought by
Sellier Jean Marc B and Yang Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,700,000
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 3, 2016
Closed on
Mar 11, 2016
Sold by
Krhoun Sharon E and Blair Christine E
Bought by
2380 Tasso Ltd
Seller's Agent
Sherry Bucolo
Compass
Buyer's Agent
Christy Giuliacci
Compass
List Price
$2,495,000
Sold Price
$2,550,000
Premium/Discount to List
$55,000
2.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.33%

Purchase Details

Closed on
Feb 12, 1999
Sold by
Africa Oliver M and Africa Anna E
Bought by
Africa Oliver Merle and Africa Anna E
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
Ding Yuanyuan $2,623,500 Chicago Title Co
Sellier Jean Marc B $1,700,000 North American Title Company
2380 Tasso Ltd $2,550,000 Chicago Title Company
Africa Oliver Merle -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ding Yuanyuan $1,777,000
Open Ding Yuanyuan $20,000,003
Previous Owner Sellier Jean Marc B $500,000
Previous Owner Sellier Jean Marc B $1,700,000
Previous Owner Africa Oliver M $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2018 10/16/18 Sold $2,623,500 -1.0% $1,749 / Sq Ft
10/09/2018 10/09/18 Pending -- -- --
09/13/2018 09/13/18 Price Changed $2,650,000 -3.6% $1,767 / Sq Ft
08/17/2018 08/17/18 Price Changed $2,750,000 -8.3% $1,833 / Sq Ft
06/20/2018 06/20/18 For Sale $2,998,000 +17.6% $1,999 / Sq Ft
03/18/2016 03/18/16 Sold $2,550,000 +2.2% $1,700 / Sq Ft
03/11/2016 03/11/16 Pending -- -- --
03/03/2016 03/03/16 For Sale $2,495,000 -- $1,663 / 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
2024 $34,712 $2,869,178 $2,734,114 $135,064
2023 $34,202 $2,812,920 $2,680,504 $132,416
2022 $33,808 $2,757,766 $2,627,946 $129,820
2021 $33,143 $2,703,693 $2,576,418 $127,275
2020 $32,456 $2,675,970 $2,550,000 $125,970
2019 $32,100 $2,623,500 $2,500,000 $123,500
2018 $32,781 $2,705,040 $2,654,040 $51,000
2017 $31,605 $2,601,000 $2,550,000 $51,000
2016 $19,923 $93,041 $41,348 $51,693
2015 $1,052 $91,644 $40,727 $50,917
2014 $1,037 $89,850 $39,930 $49,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81715714

MLSListings

APN: 124-11-015