NOT LISTED FOR SALE

2427 Burnham Way Palo Alto, CA 94303

Midtown Palo Alto Neighborhood

Estimated Value: $2,904,000 - $3,065,569

3 Beds
2 Baths
1,120 Sq Ft
$2,669/Sq Ft Est. Value

Last Sold February 07, 2020

Last sale price $2,202,000 $1,966 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $18,301/month

11 Days on Market

Highlights

  • Vaulted Ceiling
  • Traditional Architecture
  • Ground Level Unit
  • Palo Verde Elementary School Rated A+
  • Wood Flooring
  • Neighborhood Views

About This Home

As of February 2020

Own a piece of Palo Alto history, with a home designed and built in 1954 by Brown & Kaufman. It features three bedrooms and two baths in 1,120 sq. ft. on a 6,241 sq. ft. lot. The living room features a vaulted ceiling, fireplace, natural light and opens onto the back yard. Your favorite space will be the living-dining combination which feels quiet and serene. Gleaming Oak hardwood floors. Double Pane windows. Freshly painted interior. Landscaped front and back yard. Back yard secured by gate. Washer and Dryer in garage. The home also includes an attached two-car garage with work benches and shelves. The convenient location is walkable to Midtown shopping and dining and has quick access to Highways 101/85/280

Last Agent to Sell the Property

Lana Ralston

Intero Real Estate Services License #01477598 Listed on: 01/09/2020

Intero Real Estate Services

Last Buyer's Agent

Cici Yang

BQ Realty License #02067544

BQ Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,662

Year Built

  • 1954

Lot Details

  • 6,242 Sq Ft Lot
  • South Facing Home
  • Level Lot
  • Sprinklers on Timer
  • Back Yard Fenced

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Wood Frame Construction
  • Ceiling Insulation
  • Foam Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,120 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Double Pane Windows
  • Combination Dining and Living Room
  • Workshop
  • Neighborhood Views
  • Crawl Space

Kitchen

  • Electric Oven
  • Self-Cleaning Oven
  • Electric Cooktop
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Heating System Uses Gas
  • Thermostat
  • Separate Meters
  • 220 Volts
  • Individual Gas Meter
  • Sewer Connection Less Than 500 Feet Away

Additional Features

  • Barbecue Area
  • Ground Level Unit

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,662

Year Built

1954

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Style: Traditional
  • Age: 66
  • Listing Class: Residential
  • Structure Sq Ft: 1120
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1954

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining Area In Living Room
  • Kitchen: 220 Volt Outlet, Cooktop - Electric, Dishwasher, Exhaust Fan, Oven - Self Cleaning, Oven Range, Oven Range - Electric, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1120
  • Stories: 1
  • Bedrooms: Primary Bedroom On Ground Floor, More Than One Bedroom On Ground Floor
  • Laundry: Dryer, In Garage, Washer
  • Flooring: Hardwood, Vinyl / Linoleum
  • Additional Rooms: Workshop
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Showers Over Tubs - 2+

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space
  • Roof: Foam
  • View: Neighborhood
  • Yard/Grounds: Back Yard, Bbq Area, Fenced, Sprinklers - Auto
  • Fencing: Fenced Back, Wood
  • Property Faces: South
  • Construction Type: Wood, Wood Frame

Garage/Parking

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

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Central Forced Air, Gas
  • Sewer/Septic System: Sewer - Public, Sewer Connections - Less Than 500 Feet Away

Association/Amenities

  • Amenities Miscellaneous: Open Beam Ceiling, Skylight, Vaulted Ceiling

Schools

  • School District: Palo Alto Unified
  • Elementary School: Palo Verde Elementary
  • Middle School: Jane Lathrop Stanford Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 320
  • Middle School: 322

Lot Info

  • Lot Description: Grade - Level, Ground Floor
  • Lot Acres: 0.1433
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6241.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6241.00

Green Features

  • Energy Features: Ceiling Insulation, Double Pane Windows, Skylight, Thermostat Controller

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2020
Closed on
Jan 31, 2020
Sold by
Dewing Bruce D and Dewing Living Trust
Bought by
Zheng Qingji and Li Qi
Seller's Agent
Lana Ralston
Intero Real Estate Services
Buyer's Agent
Cici Yang
BQ Realty
List Price
$2,100,000
Sold Price
$2,202,000
Premium/Discount to List
$102,000
4.86%
Current Estimated Value
$2,989,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$787,642
Avg. Annual Appreciation
5.54%
Original Mortgage
$1,761,600
Outstanding Balance
$1,533,436
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$1,456,206

Purchase Details

Closed on
Jun 15, 2016
Sold by
Dewing Dorothy O
Bought by
Dewing Dorothy O
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
Zheng Qingji $2,202,000 Old Republic Title Company
Dewing Dorothy O -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zheng Qingji $1,761,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/07/2020 02/07/20 Sold $2,202,000 +4.9% $1,966 / Sq Ft
01/21/2020 01/21/20 Pending -- -- --
01/09/2020 01/09/20 For Sale $2,100,000 -- $1,875 / 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 $28,662 $2,570,204 $2,353,523 $216,681
2024 $28,662 $2,360,985 $2,307,376 $53,609
2023 $23,698 $1,930,000 $1,886,100 $43,900
2022 $27,910 $2,269,307 $2,217,779 $51,528
2021 $27,359 $2,224,812 $2,174,294 $50,518
2020 $990 $80,862 $36,946 $43,916
2019 $978 $79,277 $36,222 $43,055
2018 $964 $77,723 $35,512 $42,211
2017 $946 $76,200 $34,816 $41,384
2016 $909 $74,707 $34,134 $40,573
2015 $898 $73,586 $33,622 $39,964
2014 $885 $72,146 $32,964 $39,182
Source: Public Records

Agents Affiliated with this Home

  • Lana Ralston

    Seller's Agent in 2020

    Lana Ralston

    Intero Real Estate Services

    (650) 776-9226

    2 Total Sales

    Lana Ralston
    Section Image
  • Cici Yang

    Buyer's Agent in 2020

    Cici Yang

    BQ Realty

    (510) 766-5633

    55 Total Sales

    Cici Yang
    Section Image
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Map

Source: MLSListings

MLS Number: ML81778647

MLSListings

APN: 127-03-103

California Santa Clara County Palo Alto 94303 Midtown Palo Alto

2427 Burnham Way, Palo Alto, CA

This home is located at 2427 Burnham Way, Palo Alto, CA 94303 since 09 January 2020 and is currently estimated at $2,989,642, approximately $2,669 per square foot. This property was built in 1954. 2427 Burnham Way is a home located in Santa Clara County with nearby schools including Palo Verde Elementary School, Jane Lathrop Stanford Middle School, and Palo Alto High School.

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