NOT LISTED FOR SALE

Estimated Value: $2,582,000 - $3,129,000

3 Beds
2 Baths
1,324 Sq Ft
$2,173/Sq Ft Est. Value

Last Sold December 07, 2022

Last sale price $2,090,000 $1,579 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $18,133/month

41 Days on Market

Highlights

  • Wood Flooring
  • Solid Surface Bathroom Countertops
  • Neighborhood Views
  • Duveneck Elementary School Rated A+
  • Quartz Countertops
  • Formal Dining Room

About This Home

As of December 2022

Bright, updated interiors and a location close to everything Palo Alto has to offer highlight this inviting 3-bedroom, 2-bathroom home set in the charming Green Gables neighborhood. Refinished hardwood floors, new paint, and upgrades such as new kitchen appliances and new quartz countertops create a refreshed ambiance throughout, with a floorplan that includes the living room with a centerpiece fireplace, the dining room near the kitchen for easy entertaining, and spacious, comfortable bedrooms. The backyard offers great space for outdoor enjoyment with a large patio, and this home also includes an attached 2-car garage. Find yourself within walking distance of beautiful parks, a short drive to both University Avenue and the Midtown Shopping Center, and within easy reach of both Caltrain and US 101. Plus, children may attend acclaimed schools Duveneck Elementary, Greene Middle, and Palo Alto High (buyer to verify eligibility).

Last Agent to Sell the Property

Michael Repka

Deleon Realty License #70010006 Listed on: 09/28/2022

Last Buyer's Agent

Radney Toomasian

Compass License #01965565

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,165

Year Built

  • Built in 1959

Lot Details

  • 7,240 Sq Ft Lot
  • Gated Home
  • Wood Fence
  • Sprinklers on Timer
  • Back Yard
  • Zoning described as R1

Parking

  • 2 Car Garage
  • Garage Door Opener
  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 1,324 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Separate Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Neighborhood Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Oven
  • Self-Cleaning Oven
  • Microwave
  • Freezer
  • Dishwasher
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Solid Surface Bathroom Countertops
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry in Garage
  • Dryer
  • Washer
  • Laundry Tub

Outdoor Features

  • Balcony

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Thermostat
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Assessor Parcel Number 003-52-022

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,165

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 63
  • Listing Class: Residential
  • Structure Sq Ft: 1324
  • Year Built: 1959
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room, Wood Burning
  • Dining Room: Breakfast Bar, Dining Area, Eat in Kitchen, Formal Dining Room
  • Kitchen: Countertop - Quartz, Dishwasher, Freezer, Garbage Disposal, Microwave, Oven - Self Cleaning, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 1324
  • Stories: 1
  • Bedrooms: Ground Floor Bedroom, More than One Bedroom on Ground Floor, Primary Bedroom on Ground Floor
  • Laundry: Dryer, Electricity Hookup (110V), Electricity Hookup (220V), In Garage, Tub / Sink, Washer
  • Flooring: Hardwood, Laminate, Tile
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Full on Ground Floor, Primary - Stall Shower(s), Shower over Tub - 1, Solid Surface, Tile
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Shingle
  • View: Neighborhood
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced, Sprinklers - Auto, Sprinklers - Lawn
  • Fencing: Fenced, Gate, Mixed Height / Type, Wood
  • Construction Type: Brick, Stucco, Wood, Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Gate / Door Opener, On Street

Utilities

  • Cooling System: Central AC, Multi-Zone
  • Heating System: Central Forced Air - Gas, Fireplace, Heating - 2+ Zones
  • Sewer/Septic System: Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Walk-in Closet

Schools

  • School District: Palo Alto Unified
  • Elementary School: Duveneck Elementary
  • Middle School: Frank S. Greene Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 311
  • Middle School: 329

Lot Info

  • Parcel Number: 003-52-022
  • Lot Acres: 0.1662
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7239.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7239.00

Green Features

  • Energy Features: Thermostat Controller

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2022
Closed on
Nov 16, 2022
Sold by
Lee Family Trust
Bought by
Gautam Venkatesh Narsipur and Narayanaswami Sheela
Seller's Agent
Michael Repka
Deleon Realty
Buyer's Agent
Radney Toomasian
Compass
List Price
$2,388,000
Sold Price
$2,090,000
Premium/Discount to List
-$298,000
-12.48%
Views
55
Current Estimated Value
$2,928,905

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$838,905
Avg. Annual Appreciation
13.88%
Original Mortgage
$1,776,500
Outstanding Balance
$1,721,357
Interest Rate
5.99%
Mortgage Type
New Conventional
Estimated Equity
$1,239,890

Purchase Details

Closed on
Jul 24, 1992
Sold by
Kuan Lee
Bought by
Lee Kuan Yong and Lee Yvonne K
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
Gautam Venkatesh Narsipur $2,090,000 First American Title
Lee Kuan Yong -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gautam Venkatesh Narsipur $1,776,500
Previous Owner Lee Kuan Y $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2022 12/07/22 Sold $2,090,000 +5.1% $1,579 / Sq Ft
11/09/2022 11/09/22 Pending -- -- --
11/04/2022 11/04/22 Price Changed $1,988,000 -16.8% $1,502 / Sq Ft
09/28/2022 09/28/22 For Sale $2,388,000 -- $1,804 / 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 $25,165 $2,174,436 $2,132,820 $41,616
2024 $25,165 $2,131,800 $2,091,000 $40,800
2023 $24,799 $2,090,000 $2,050,000 $40,000
2022 $1,713 $140,375 $60,356 $80,019
2021 $1,677 $137,623 $59,173 $78,450
2020 $1,641 $136,213 $58,567 $77,646
2019 $1,623 $133,543 $57,419 $76,124
2018 $1,591 $130,926 $56,294 $74,632
2017 $1,562 $128,360 $55,191 $73,169
2016 $1,508 $125,844 $54,109 $71,735
2015 $1,492 $123,955 $53,297 $70,658
2014 $1,469 $121,527 $52,253 $69,274
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81908723

MLSListings

APN: 003-52-022