Seller's Agent in 2022
Sherry Bucolo
Compass
(650) 207-9909
2 in this area
41 Total Sales
241 Addison Ave Palo Alto, CA 94301
University South NeighborhoodEstimated Value: $2,879,000 - $3,518,000
2
Beds
2
Baths
1,144
Sq Ft
$2,895/Sq Ft
Est. Value
Highlights
- Skyline View
- Wood Flooring
- Attic
- Addison Elementary School Rated A+
- Marble Countertops
- 3-minute walk to Scott Park
About This Home
As of August 2022Prepare to fall in love with this lovingly restored 1923 bungalow. Offering modern conveniences and upgrades, while retaining the charm of yesterday. The home is ideally located just five blocks south of downtown, minutes to Stanford University, medical center, Stanford shopping center, Palo Alto Medical, Cal Train and top Palo Alto Schools. This one-of-a-kind property is exquisite throughout.The light-filled home offers an updated kitchen wi/stainless appliances, charming living room, 2 spacious bedrooms , office & 2 remodeled bathrooms. The picture perfect 6300 sf (56 x 112.5) lot is highlighted by the lovely backyard with patio and deck offering a private setting surrounded by natural landscaping w/ new pathways & the best lemon tree! A Bonus room w/ separate entrance adjoins the 2-car detached garage with ample off-street parking. Zoned R-2 per Palo Alto City Parcel Report. A home at this price is rarely offered. Easy to show. Go direct. This property is a JEWEL!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $34,193
Year Built
- 1923
Lot Details
- 6,299 Sq Ft Lot
- South Facing Home
- Property is Fully Fenced
- Wood Fence
Parking
- 2 Car Detached Garage
- On-Street Parking
- Off-Street Parking
Property Views
- Skyline
- Neighborhood
Home Design
- Bungalow
- Wood Frame Construction
- Tar and Gravel Roof
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1,144 Sq Ft Home
- 1-Story Property
- Dining Room
- Den
- Bonus Room
- Workshop
- Utility Room
- Attic
Kitchen
- Oven or Range
- Gas Cooktop
- Range Hood
- Dishwasher
- Marble Countertops
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Remodeled Bathroom
- 2 Full Bathrooms
- Walk-in Shower
Laundry
- Laundry in Utility Room
- Dryer
- Washer
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- 220 Volts
- Sewer Within 50 Feet
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 14, 2022
Closed on
Aug 11, 2022
Sold by
Barta Family Trust
Bought by
Siva Kumaran David and Kim Eileen Lee-Young
Seller's Agent
Sherry Bucolo
Compass
Buyer's Agent
Christy Giuliacci
Compass
List Price
$3,450,000
Sold Price
$3,325,000
Premium/Discount to List
-$125,000
-3.62%
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
$4,862
Avg. Annual Appreciation
-0.14%
Original Mortgage
$2,325,000
Outstanding Balance
$2,204,854
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$1,106,659
Purchase Details
Closed on
Apr 8, 2007
Sold by
Arden Michelle J and Allen Akin T
Bought by
Barta J Joseph and Barta Alison L
Purchase Details
Closed on
Nov 6, 2006
Sold by
Pittman Jennifer R
Bought by
Akin T Allen and Arden Michelle J
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 |
|---|---|---|---|
| Siva Kumaran David | $3,325,000 | Chicago Title | |
| Barta J Joseph | -- | Chicago Title Company | |
| Akin T Allen | -- | Chicago Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Siva Kumaran David | $2,325,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/25/2022 08/25/22 | Sold | $3,325,000 | -3.6% | $2,906 / Sq Ft |
| 07/28/2022 07/28/22 | Pending | -- | -- | -- |
| 07/14/2022 07/14/22 | For Sale | $3,450,000 | -- | $3,016 / 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 | $34,193 | $3,150,000 | $2,842,100 | $307,900 |
| 2024 | $34,193 | $2,825,000 | $2,548,800 | $276,200 |
| 2023 | $37,236 | $3,070,000 | $2,769,900 | $300,100 |
| 2022 | $24,274 | $1,956,887 | $1,704,391 | $252,496 |
| 2021 | $23,796 | $1,918,518 | $1,670,972 | $247,546 |
| 2020 | $23,308 | $1,898,847 | $1,653,839 | $245,008 |
| 2019 | $23,050 | $1,861,615 | $1,621,411 | $240,204 |
| 2018 | $22,422 | $1,825,114 | $1,589,619 | $235,495 |
| 2017 | $22,028 | $1,789,328 | $1,558,450 | $230,878 |
| 2016 | $21,451 | $1,754,244 | $1,527,893 | $226,351 |
| 2015 | $21,241 | $1,727,894 | $1,504,943 | $222,951 |
| 2014 | $20,793 | $1,694,048 | $1,475,464 | $218,584 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2022
Christy Giuliacci
Compass
(650) 380-5989
3 in this area
31 Total Sales
Map
Source: MLSListings
MLS Number: ML81900203
APN: 120-28-064
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