NOT LISTED FOR SALE

240 Walter Hays Dr Palo Alto, CA 94303

Duveneck-Saint Francis Neighborhood

Estimated Value: $4,556,000 - $5,488,000

4 Beds
3 Baths
2,516 Sq Ft
$1,954/Sq Ft Est. Value

Last Sold February 10, 2021

Last sale price $4,100,000 $1,630 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $31,131/month

8 Days on Market

Highlights

  • Private Pool
  • Wood Flooring
  • Open to Family Room
  • Duveneck Elementary School Rated A+
  • Workshop
  • 4-minute walk to Eleanor Pardee Park

About This Home

As of February 2021

Located in North Palo Alto's highly desirable Duveneck/St. Francis neighborhood, this traditional four bedroom, three bath home has it all. Perfectly sited on a rarely available oversized lot (11,835 sf), the home enjoys a park-like setting with great privacy. The single level floor plan, having been expanded and remodeled over the years, offers generously proportioned rooms, well designed for the way we live today. The ideal arrangement of the bedroom wing maximizes flexibility with a office/guest room off the entry, and three more bedrooms with a bonus room down the hallway. The rear yard has a lovely cultivated portion with patio, sparkling pool and jacuzzi, plus an additional 900sf +/- undeveloped portion that may accommodate an garden, play area, or accessory dwelling unit. Explore the possibilities. Enjoy close proximity to Stanford University and Shopping Center, top Palo Alto Schools, downtown Palo Alto and Silicon Valley's tech companies...all that Palo Alto has to offer!

Last Agent to Sell the Property

Carolyn Keddington

Compass License #01490400 Listed on: 01/18/2021

Compass

Last Buyer's Agent

John Chung

Keller Williams Palo Alto License #01720510

Keller Williams Palo Alto

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $52,112

Year Built

  • 1951

Lot Details

  • 0.27 Acre Lot
  • Fenced
  • Pie Shaped Lot
  • Level Lot
  • Sprinklers on Timer

Home Design

  • Slab Foundation
  • Composition Roof
  • Foam Roof
  • Stucco

Interior Spaces

  • 2,516 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Skylights
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Workshop
  • Utility Room
  • Laundry in Utility Room

Kitchen

  • Open to Family Room
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Kitchen Island
  • Tile Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Dual Sinks
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces
  • On-Street Parking

Pool

  • Private Pool
  • Solar Heated Pool

Additional Features

  • Shed
  • Forced Air Heating System

Home Details

Home Type

Single Family

Est. Annual Taxes

$52,112

Year Built

1951

Lot Details

0

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Age: 70
  • Listing Class: Residential
  • Structure Sq Ft: 2516
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1951

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Living Room
  • Dining Room: Dining Area In Living Room
  • Kitchen: Cooktop - Gas, Countertop - Tile, Dishwasher, Hood Over Range, Island With Sink, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 2516
  • Stories: 1
  • Bedrooms: Ground Floor Bedroom, More Than One Bedroom On Ground Floor, Walk-In Closet
  • Laundry: In Utility Room
  • Flooring: Carpet, Tile, Wood
  • Additional Rooms: Storage, Utility Room, Workshop
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Full On Ground Floor, Primary - Stall Shower(s), Shower Over Tub - 1, Stall Shower - 2+, Tile, Tub In Primary Bedroom

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Yes
  • Roof: Composition, Foam
  • Yard/Grounds: Sprinklers - Auto, Storage Shed / Structure
  • Fencing: Mixed Height / Type
  • Pool: Pool - In Ground, Spa - In Ground
  • Construction Type: Stucco, Wood

Garage/Parking

  • Parking Spaces: 2
  • Garage Parking Features: Carport, On Street
  • Carport Min: 2

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Wet Bar

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

  • Lot Description: Grade - Level, Pie Shaped
  • Lot Acres: 0.2717
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 11835.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 11835.00

Green Features

  • Energy Features: Skylight, Solar Heating - Pool

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2021
Closed on
Feb 8, 2021
Sold by
Ackerman Family Trust
Bought by
Ganesh Family Trust and Srinivasan
Seller's Agent
Carolyn Keddington
Compass
Buyer's Agent
John Chung
Keller Williams Palo Alto
List Price
$3,995,000
Sold Price
$4,100,000
Premium/Discount to List
$105,000
2.63%
Current Estimated Value
$4,916,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$816,281
Avg. Annual Appreciation
3.35%

Purchase Details

Closed on
Nov 25, 2020
Sold by
Ackerman John Michael and Ackerman Anne D
Bought by
Ackerman Family Trust

Purchase Details

Closed on
Dec 9, 1997
Sold by
Ackerman John M and Ackerman Anne D
Bought by
Ackerman John M and Ackerman Anne D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,000
Interest Rate
5.87%

Purchase Details

Closed on
Mar 21, 1997
Sold by
Ackerman John M and Ackerman Anne D
Bought by
Ackerman John M and Ackerman Anne D

Purchase Details

Closed on
Oct 30, 1996
Sold by
Ackerman John M and Ackerman Anne D
Bought by
Ackerman John M and Ackerman Anne D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Interest Rate
8.11%

Purchase Details

Closed on
Jun 23, 1994
Sold by
Ackerman John M and Ackerman Anne D
Bought by
Ackerman John M and Ackerman Anne D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,000
Interest Rate
5.87%

Purchase Details

Closed on
May 9, 1994
Sold by
Ackerman John M and Ackerman Anne D
Bought by
Ackerman John M and Ackerman Anne D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,000
Interest Rate
5.87%
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
Ganesh Family Trust $4,100,000 Old Republic Title
Srinivasan Ganesh $4,100,000 Old Republic Title Company
Ackerman Family Trust -- --
Ackerman John M -- --
Ackerman John M -- First American Title Co
Ackerman John M -- --
Ackerman John M -- Chicago Title Co
Ackerman John M -- Chicago Title Company
Ackerman John M -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Srinivasan Ganesh $2,600,000
Previous Owner Ackerman John M $430,000
Previous Owner Ackerman John M $427,000
Previous Owner Ackerman John M $430,000
Previous Owner Ackerman John M $444,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2021 02/10/21 Sold $4,100,000 +2.6% $1,630 / Sq Ft
01/27/2021 01/27/21 Pending -- -- --
01/18/2021 01/18/21 For Sale $3,995,000 -- $1,588 / 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 $52,112 $4,437,970 $4,221,485 $216,485
2024 $52,112 $4,350,952 $4,138,711 $212,241
2023 $49,867 $4,140,000 $3,938,000 $202,000
2022 $50,763 $4,182,000 $3,978,000 $204,000
2021 $2,001 $157,892 $49,699 $108,193
2020 $1,877 $156,274 $49,190 $107,084
2019 $1,857 $153,211 $48,226 $104,985
2018 $1,818 $150,208 $47,281 $102,927
2017 $1,785 $147,263 $46,354 $100,909
2016 $1,725 $144,377 $45,446 $98,931
2015 $1,707 $142,209 $44,764 $97,445
2014 $1,681 $139,425 $43,888 $95,537
Source: Public Records

Agents Affiliated with this Home

  • Carolyn Keddington

    Seller's Agent in 2021

    Carolyn Keddington

    Compass

    (650) 250-4517

    1 in this area

    28 Total Sales

    Carolyn Keddington
    Section Image
  • John Chung

    Buyer's Agent in 2021

    John Chung

    Keller Williams Palo Alto

    (650) 269-7538

    1 in this area

    75 Total Sales

    John Chung
    Section Image
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Map

Source: MLSListings

MLS Number: ML81826194

MLSListings

APN: 003-37-019

California Santa Clara County Palo Alto 94303 Duveneck-Saint Francis

240 Walter Hays Dr, Palo Alto, CA

This home is located at 240 Walter Hays Dr, Palo Alto, CA 94303 since 18 January 2021 and is currently estimated at $4,916,281, approximately $1,954 per square foot. This property was built in 1951. 240 Walter Hays Dr 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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