NOT LISTED FOR SALE

2422 South Ct Palo Alto, CA 94301

Midtown Palo Alto Neighborhood

Estimated Value: $4,832,000 - $5,675,000

5 Beds
2.5 Baths
2,790 Sq Ft
$1,884/Sq Ft Est. Value

Last Sold August 23, 2018

Last sale price $3,740,000 $1,341 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $32,506/month

7 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Wine Refrigerator
  • El Carmelo Elementary School Rated A+
  • 2 Fireplaces
  • Skylights

About This Home

As of August 2018

Perfectly located on a Midtown cul-de-sac, this charming, completely updated home features a well-designed floor plan including a spacious living room with fireplace, separate dining area, bright and inviting eat-in kitchen, large family room, expansive master suite with a newly renovated bath and walk-in closet, abundant storage space, plus a private, sunny back yard with a flagstone patio ideal for entertaining. A quiet retreat but a short walk to shops and restaurants.

Last Agent to Sell the Property

Judy Decker

Compass License #01199563 Listed on: 07/25/2018

Compass

Last Buyer's Agent

Dave Keefe

KW Bay Area Estates Saratoga License #01352506

KW Bay Area Estates Saratoga

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $48,969

Year Built

  • Built in 1963

Lot Details

  • 6,299 Sq Ft Lot
  • Sprinklers on Timer
  • Drought Tolerant Landscaping
  • Back Yard Fenced
  • Zoning described as R1

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,790 Sq Ft Home
  • 2-Story Property
  • Skylights
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Bay Window
  • Separate Family Room
  • Combination Dining and Living Room

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Gas Cooktop
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • Bathroom on Main Level
  • Dual Sinks
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry in Utility Room
  • Washer and Dryer

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Wood Insert Heater
  • 220 Volts

Listing and Financial Details

  • Assessor Parcel Number 132-12-052

Home Details

Home Type

Single Family

Est. Annual Taxes

$48,969

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Traditional
  • Age: 55
  • Listing Class: Residential
  • Structure Sq Ft: 2790
  • Year Built: 1963
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Insert, Wood Burning
  • Dining Room: Dining Area in Living Room, Eat in Kitchen
  • Kitchen: 220 Volt Outlet, Cooktop - Gas, Dishwasher, Garbage Disposal, Oven - Built-In, Refrigerator, Wine Refrigerator
  • Living Sq Ft: 2790
  • Stories: 2
  • Laundry: In Utility Room, Washer / Dryer
  • Flooring: Carpet, Hardwood, Tile
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Bathroom: Double Sinks, Half on Ground Floor, Primary - Stall Shower(s), Shower and Tub, Tile, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Yard/Grounds: Back Yard, Drought Tolerant Plants, Fenced, Sprinklers - Auto, Sprinklers - Lawn
  • Fencing: Fenced Back

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Central AC, Multi-Zone
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Bay Window, Skylight, Walk-in Closet

Schools

  • School District: Palo Alto Unified
  • Elementary School: El Carmelo Elementary
  • Middle School: Jane Lathrop Stanford Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 312
  • Middle School: 322

Lot Info

  • Parcel Number: 132-12-052
  • Lot Acres: 0.1446
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6300.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6300.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: El Carmelo Elementary
  • High School Text: Palo Alto High
  • Middle School Text: Jane Lathrop Stanford Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2018
Sold by
Lai Peter and Chen Crystal
Bought by
Tuchen Lai Peter and Tsor Chen Crystal Rhan
Current Estimated Value
$5,257,479

Purchase Details

Listed on
Jul 25, 2018
Closed on
Aug 16, 2018
Sold by
Saitz Benjamin and Saitz Andrea
Bought by
Lai Peter and Chen Crytal
Seller's Agent
Judy Decker
Compass
Buyer's Agent
Dave Keefe
KW Bay Area Estates Saratoga
List Price
$3,499,000
Sold Price
$3,740,000
Premium/Discount to List
$241,000
6.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.62%
Original Mortgage
$1,500,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2017
Sold by
Saitz Benjamin and Saitz Andrea
Bought by
Saitz Benjamin and Saitz Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 28, 2012
Sold by
Saitz Benjamin and Saitz Andrea
Bought by
Saitz Benjamin and Saitz Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 10, 2012
Closed on
May 9, 2012
Sold by
Wilson Richard W and Wilson Laurie J
Bought by
Saitz Benjamin and Saitz Andrea
Seller's Agent
Ken Deleon
Deleon Realty
Buyer's Agent
Judy Decker
Compass
List Price
$1,898,000
Sold Price
$2,175,000
Premium/Discount to List
$277,000
14.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.70%
Original Mortgage
$1,631,250
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 2010
Sold by
Wagger M D G M and Wagger Barbara
Bought by
Wilson Richard W and Wilson Laurie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,359,200
Interest Rate
5.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 3, 1996
Sold by
Wagger Gerald M and Wagger Barbara L
Bought by
Wagger Md G M and Wagger Gerald M
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Tuchen Lai Peter -- None Available
Lai Peter $3,740,000 Chicago Title Co
Saitz Benjamin -- Accommodation
Saitz Benjamin -- First American Title
Saitz Benjamin -- None Available
Saitz Benjamin $2,175,000 Chicago Title Company
Wilson Richard W -- Chicago Title Company
Wagger Md G M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lai Peter Tuchen $1,420,000
Closed Lai Peter Tuchen $1,475,000
Closed Lai Peter $1,500,000
Previous Owner Saitz Benjamin $712,000
Previous Owner Saitz Benjamin $350,000
Previous Owner Saitz Benjamin $900,000
Previous Owner Saitz Benjamin $1,631,250
Previous Owner Wilson Richard W $1,338,000
Previous Owner Wilson Richard W $1,359,200
Previous Owner Wagger Md G M $416,000
Previous Owner Wagger G M $369,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2018 08/23/18 Sold $3,740,000 +6.9% $1,341 / Sq Ft
08/02/2018 08/02/18 Pending -- -- --
07/25/2018 07/25/18 For Sale $3,499,000 +60.9% $1,254 / Sq Ft
06/07/2012 06/07/12 Sold $2,175,000 +14.6% $780 / Sq Ft
04/19/2012 04/19/12 Pending -- -- --
04/10/2012 04/10/12 For Sale $1,898,000 -- $680 / 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 $48,969 $4,172,037 $3,803,918 $368,119
2024 $48,969 $4,090,233 $3,729,332 $360,901
2023 $48,250 $4,010,033 $3,656,208 $353,825
2022 $47,697 $3,931,406 $3,584,518 $346,888
2021 $46,757 $3,854,321 $3,514,234 $340,087
2020 $45,780 $3,814,800 $3,478,200 $336,600
2019 $45,278 $3,740,000 $3,410,000 $330,000
2018 $29,119 $2,400,993 $1,435,077 $965,916
2017 $28,608 $2,353,916 $1,406,939 $946,977
2016 $27,857 $2,307,761 $1,379,352 $928,409
2015 $27,586 $2,273,097 $1,358,633 $914,464
2014 $27,035 $2,228,571 $1,332,020 $896,551
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Judy Decker

    Compass

    Section Image

  • D

    Buyer's Agent in 2018

    Dave Keefe

    KW Bay Area Estates Saratoga

    Section Image
  • Ken Deleon

    Seller's Agent in 2012

    Ken Deleon

    Deleon Realty

    (650) 380-1420

    3 Total Sales

    Ken Deleon
    Section Image

  • R

    Buyer's Agent in 2012

    Robert Robertson

See All Agents

Map

Source: MLSListings

MLS Number: ML81716278

MLSListings

APN: 132-12-052

California Santa Clara County Palo Alto 94301 Midtown Palo Alto

2422 South Ct, Palo Alto, CA

This home is located at 2422 South Ct, Palo Alto, CA 94301 since 25 July 2018 and is currently estimated at $5,257,479, approximately $1,884 per square foot. This property was built in 1963. 2422 South Ct is a home located in Santa Clara County with nearby schools including El Carmelo Elementary School, Jane Lathrop Stanford Middle School, and Palo Alto High School.

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