Seller's Agent in 2020
Umang Sanchorawala
Compass
(650) 960-5363
5 in this area
52 Total Sales
2388 Louis Rd Palo Alto, CA 94303
Old Palo Alto NeighborhoodEstimated Value: $4,471,000 - $5,615,000
5
Beds
4
Baths
2,753
Sq Ft
$1,844/Sq Ft
Est. Value
Highlights
- Primary Bedroom Suite
- Wood Flooring
- Attic
- Walter Hays Elementary Rated A+
- Modern Architecture
- Neighborhood Views
About This Home
As of May 2020Exemplifying modern day style through its rich architectural façade, horizontal sleek lines and a mix of complementary natural materials, this contemporary home was renovated and expanded in 2019. The elegantly designed interiors seamlessly flow room-to-room with gorgeous white European engineered wood floors, that stretch throughout the house, and are accentuated by large picture windows and glass doors capturing the professionally landscaped grounds. The spacious, open floor plan offers a great room w/ fireplace and connects to chefs kitchen, plus an dining area with a set of nanoslide glass doors to side terrace.Master suite, home office/bed & guest bed & bath on main level. Two junior suites on upper level. Convenient Green Gables location w/ short distance to PA Schools, close to Midtown Shopping Ct, Seale & Greer Parks, Rinconada Park, Pool & Library, a few miles to California Ave restaurants, shops and Caltrain, Stanford, Town & Country & commute routes to the Silicon Valley
Last Buyer's Agent
Vincent Choi
Compass License #01171034
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $48,329
Year Built
- 1947
Lot Details
- 7,945 Sq Ft Lot
- Wood Fence
- Sprinklers on Timer
Parking
- 1 Car Detached Garage
- On-Street Parking
Home Design
- Modern Architecture
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,753 Sq Ft Home
- 1-Story Property
- Skylights
- Gas Fireplace
- Double Pane Windows
- Dining Room
- Den
- Wood Flooring
- Neighborhood Views
- Crawl Space
- Attic
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Gas Oven
- Gas Cooktop
- Microwave
- Freezer
- Ice Maker
- Dishwasher
- Kitchen Island
- Synthetic Countertops
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom Suite
- Walk-In Closet
- Remodeled Bathroom
- 4 Full Bathrooms
- Dual Sinks
- Dual Flush Toilets
- Bathtub Includes Tile Surround
- Walk-in Shower
Laundry
- Laundry in unit
- Gas Dryer Hookup
Outdoor Features
- Balcony
Utilities
- Forced Air Zoned Heating and Cooling System
- Wood Insert Heater
- Vented Exhaust Fan
- Tankless Water Heater
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 27, 2020
Closed on
May 11, 2020
Sold by
Verma Sanjay and Choudhry Shweta
Bought by
Wang Zhou and Chen Qian
Seller's Agent
Umang Sanchorawala
Compass
Buyer's Agent
Vincent Choi
Compass
List Price
$3,995,000
Sold Price
$3,757,500
Premium/Discount to List
-$237,500
-5.94%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,319,399
Avg. Annual Appreciation
4.46%
Original Mortgage
$1,000,000
Outstanding Balance
$885,089
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$3,840,826
Purchase Details
Closed on
Oct 15, 2014
Sold by
Verma Sanjay and Choudhry Shweta
Bought by
The Verma Choudhry Family Trust and Choudhry Shweta
Purchase Details
Closed on
Jun 13, 2007
Sold by
Chau Michael K and Chau Sylvia B
Bought by
Verma Sanjay and Choudhry Shweta
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,080,000
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 27, 2006
Sold by
Ahlgren Mary A
Bought by
Chau Michael K and Chau Sylvia B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$704,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 7, 1995
Sold by
Ahlgren Mary A
Bought by
Ahlgren Mary A
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wang Zhou | $3,757,500 | Chicago Title Company | |
| The Verma Choudhry Family Trust | -- | None Available | |
| Verma Sanjay | -- | Chicago Title Company | |
| Chau Michael K | -- | Chicago Title Company | |
| Ahlgren Mary A | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wang Zhou | $1,000,000 | |
| Previous Owner | Verma Sanjay | $625,500 | |
| Previous Owner | Verma Sanjay | $703,000 | |
| Previous Owner | Verma Sanjay | $723,000 | |
| Previous Owner | Verma Sanjay | $727,000 | |
| Previous Owner | Verma Sanjay | $207,750 | |
| Previous Owner | Verma Sanjay | $729,750 | |
| Previous Owner | Verma Sanjay | $145,250 | |
| Previous Owner | Verma Sanjay | $1,080,000 | |
| Previous Owner | Chau Michael K | $704,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/21/2020 05/21/20 | Sold | $3,757,500 | -5.9% | $1,365 / Sq Ft |
| 04/22/2020 04/22/20 | Pending | -- | -- | -- |
| 02/27/2020 02/27/20 | For Sale | $3,995,000 | -- | $1,451 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
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 | $48,329 | $4,109,371 | $3,226,254 | $883,117 |
| 2024 | $48,329 | $4,028,796 | $3,162,995 | $865,801 |
| 2023 | $47,621 | $3,949,801 | $3,100,976 | $848,825 |
| 2022 | $47,077 | $3,872,355 | $3,040,173 | $832,182 |
| 2021 | $46,151 | $3,796,427 | $2,980,562 | $815,865 |
| 2020 | $38,262 | $3,176,167 | $1,470,078 | $1,706,089 |
| 2019 | $22,173 | $1,794,720 | $1,441,253 | $353,467 |
| 2018 | $19,567 | $1,589,616 | $1,412,994 | $176,622 |
| 2017 | $19,222 | $1,558,448 | $1,385,289 | $173,159 |
| 2016 | $18,716 | $1,527,891 | $1,358,127 | $169,764 |
| 2015 | $18,530 | $1,504,941 | $1,337,727 | $167,214 |
| 2014 | $18,125 | $1,475,462 | $1,311,523 | $163,939 |
Source: Public Records
Agents Affiliated with this Home
-
Umang Sanchorawala
-
V
Buyer's Agent in 2020
Vincent Choi
Compass
Map
Source: MLSListings
MLS Number: ML81784388
APN: 003-55-070
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