NOT LISTED FOR SALE

241 Ferne Ave Palo Alto, CA 94306

Greenmeadow Neighborhood

Estimated Value: $3,571,674 - $3,911,000

4 Beds
2.5 Baths
1,911 Sq Ft
$1,936/Sq Ft Est. Value

Last Sold August 26, 2021

Last sale price $3,050,000 $1,596 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $22,516/month

6 Days on Market

Highlights

  • Skyline View
  • Eichler Home
  • Radiant Floor
  • Fairmeadow Elementary School Rated A+
  • Atrium Room
  • High Ceiling

About This Home

As of August 2021

Desirable Atrium Style Greenmeadow Eichler Home has been well maintained with many original features! Located in the beautiful Greenmeadow neighborhood which features a community pool and lots of community spirit. This spacious home features an open floor plan, Separate Family Room, Vaulted ceiling in the living room plus a beautiful covered patio in the lush landscaped backyard. Large lot provides an excellent opportunity to update and/or expand and make this home your own! Unique Single Story Overlay zone with no second story structures lends to neighbor privacy. Convenient to schools, shopping areas, restaurants and commutes, this home is perfectly located!

Last Agent to Sell the Property

John King

Keller Williams Palo Alto License #00868208 Listed on: 07/22/2021

Keller Williams Palo Alto

Last Buyer's Agent

Jiyoung Hwang

Core Real Estate Advisors License #01775469

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,313

Year Built

  • 1961

Lot Details

  • 8,111 Sq Ft Lot
  • Mostly Level
  • Back Yard Fenced

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Electric Gate

Home Design

  • Eichler Home
  • Slab Foundation
  • Foam Roof

Interior Spaces

  • 1,911 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • High Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Formal Dining Room
  • Atrium Room
  • Skyline Views

Kitchen

  • Built-In Oven
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Formica Countertops
  • Disposal

Flooring

  • Carpet
  • Radiant Floor
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer

Additional Features

  • Balcony
  • 220 Volts

Community Details

  • Courtyard

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,313

Year Built

1961

Lot Details

0

Parking

1

Listing Details

  • Zoning: R1B8
  • Subclass: Single Family Home
  • Style: Eichler
  • Listing Class: Residential
  • Structure Sq Ft: 1911
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1961

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Wood Burning
  • Dining Room: Formal Dining Room
  • Kitchen: 220 Volt Outlet, Cooktop - Electric, Countertop - Formica, Countertop - Other, Garbage Disposal, Microwave, Oven - Built-In, Oven - Electric, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1911
  • Stories: 1
  • Bedrooms: Ground Floor Bedroom, Primary Bedroom On Ground Floor, More Than One Bedroom On Ground Floor, Walk-In Closet
  • Laundry: Electricity Hookup (220V), In Utility Room, Inside, Washer / Dryer
  • Flooring: Carpet, Tile, Vinyl / Linoleum
  • Additional Rooms: Atrium, Laundry Room
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Full On Ground Floor, Half On Ground Floor, Primary - Stall Shower(s), Shower Over Tub - 1, Skylight, Tile

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Foam
  • Yard/Grounds: Back Yard, Balcony / Patio, Courtyard, Fenced
  • Fencing: Fenced Back, Wood

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage, Electric Gate, Gate / Door Opener

Utilities

  • Heating System: Radiant Floors
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Open Beam Ceiling, Skylight, Walk-In Closet

Schools

  • High School: 325

Lot Info

  • Lot Description: Grade - Mostly Level
  • Lot Acres: 0.1862
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8112.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8112.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 5, 2023
Sold by
Ahn Yoojung
Bought by
Yoojung Ahn Revocable Trust and Ahn
Current Estimated Value
$3,700,419

Purchase Details

Listed on
Jul 22, 2021
Closed on
Aug 18, 2021
Sold by
Anthony Joyce and Bradford Shelia
Bought by
Ahn Yoojung
Seller's Agent
John King
Keller Williams Palo Alto
Buyer's Agent
Jiyoung Hwang
Core Real Estate Advisors
List Price
$2,888,000
Sold Price
$3,050,000
Premium/Discount to List
$162,000
5.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.74%
Original Mortgage
$1,300,000
Interest Rate
1.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 1997
Sold by
Burke Peggy W Trustee
Bought by
Burke Peggy W
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
Yoojung Ahn Revocable Trust -- None Listed On Document
Ahn Yoojung $3,050,000 First American Title Company
Burke Peggy W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ahn Yoojung $1,300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2021 08/26/21 Sold $3,050,000 +5.6% $1,596 / Sq Ft
07/29/2021 07/29/21 Pending -- -- --
07/22/2021 07/22/21 For Sale $2,888,000 -- $1,511 / 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 $37,313 $3,236,683 $2,913,015 $323,668
2024 $37,313 $3,173,220 $2,855,898 $317,322
2023 $36,785 $3,111,000 $2,799,900 $311,100
2022 $36,434 $3,050,000 $2,745,000 $305,000
2021 $1,739 $135,901 $36,253 $99,648
2020 $1,621 $134,509 $35,882 $98,627
2019 $1,603 $131,873 $35,179 $96,694
2018 $1,572 $129,289 $34,490 $94,799
2017 $1,543 $126,755 $33,814 $92,941
2016 $1,490 $124,270 $33,151 $91,119
2015 $1,474 $122,405 $32,654 $89,751
2014 $1,451 $120,008 $32,015 $87,993
Source: Public Records

Agents Affiliated with this Home

  • John King

    Seller's Agent in 2021

    John King

    Keller Williams Palo Alto

    (650) 483-2710

    2 in this area

    89 Total Sales

    John King
    Section Image
  • Jiyoung Hwang

    Buyer's Agent in 2021

    Jiyoung Hwang

    Core Real Estate Advisors

    (408) 307-3696

    1 in this area

    20 Total Sales

    Jiyoung Hwang
    Section Image
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Map

Source: MLSListings

MLS Number: ML81854784

MLSListings

APN: 147-32-042

California Santa Clara County Palo Alto 94306 Greenmeadow

241 Ferne Ave, Palo Alto, CA

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