NOT LISTED FOR SALE

Estimated Value: $3,898,000 - $4,547,362

4 Beds
2.5 Baths
2,494 Sq Ft
$1,685/Sq Ft Est. Value

Last Sold January 03, 2020

Last sale price $2,960,000 $1,187 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $26,770/month

25 Days on Market

Highlights

  • Radiant Floor
  • 1 Fireplace
  • Double Pane Windows
  • El Carmelo Elementary School Rated A+
  • No HOA
  • Shed

About This Home

As of January 2020

Amazing opportunity in a gorgeous and desired neighborhood in Palo Alto! Come and see this charming 4 bedroom 2.5 bathroom family home. Situated in the heart of Midtown, and one of the top school districts in the California, this home is perfect for families looking for an extra room or those buying their first house This wonderful home features a great layout and room concept, over-sized bedrooms, vaulted ceilings, and a covered side yard patio. With a large living/dining area this home is perfect for entertaining as well as hosting family gatherings. You'll also enjoy countless summer evenings BBQing in the large back patio area. This amazing home is also within walking distance of many stores, coffee shops, restaurants, local parks, and an ice skating rink! With easy freeway access, you are a stones throw from everything the Bay Area has to offer including big cities, airports, theme parks, professional sporting events and much more. Don't miss out on making this home yours today!

Last Agent to Sell the Property

Michael Brown

KW Sac Metro License #02065385 Listed on: 10/27/2019

KW Sac Metro

Co-Listed By

Jacob DaRosa

KW Sac Metro License #01704082

Last Buyer's Agent

Peiyi Zhao

Bay One Real Estate Investment License #01954343

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $38,206

Year Built

  • Built in 1947

Lot Details

  • 7,501 Sq Ft Lot
  • Northeast Facing Home
  • Zoning described as R1

Parking

  • 2 Car Garage

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,494 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Double Pane Windows
  • Radiant Floor

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Shed

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 127-31-034

Home Details

Home Type

Single Family

Est. Annual Taxes

$38,206

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: No
  • Year Built: 1947
  • Architectural Style: Ranch
  • Stories: 1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Gas Range,Compactor,Dishwasher,Disposal,Double Oven,Gas Cook Top,Gas Water Heater,Hood Over Range
  • Fireplace Features: Living Room,Wood Burning
  • Fireplaces: 1
  • Flooring: Carpet,Tile,Wood,Linoleum/Vinyl
  • Master Bathroom Features: Double Sinks,Jetted Tub,Shower Stall(s)
  • Master Bedroom Features: Outside Access,Walk-In Closet
  • Bathroom Features: Shower Stall(s),Tile,Tub,Window
  • Bathrooms: 3.00
  • Dining Room Features: Dining/Living Combo,Space in Kitchen
  • Kitchen Features: Granite Counter,Tile Counter
  • Room Type: Attic,Baths Other,Dining Room,Family Room,Great Room,Living Room,Master Bathroom,Master Bedroom
  • Price Per Square Foot: 1186.85
  • Square Footage: 2494
  • Window Features: Dual Pane Full

Exterior Features

  • Other Structures: Shed(s)
  • Construction Materials: Brick,Frame,Stucco,Wood
  • Property Faces: Northeast
  • Disclosures/Documents: CC&Rs,Pest Control Report Available,Roof Inspection,TDS Available,Whole House Inspection Available
  • Fencing: Back Yard,Wood
  • Foundation: Slab
  • Horse Property: No
  • Listing Price: 2800000.00
  • Lot Features: Auto Sprinkler F&R,Landscape Back,Landscape Front,Shape Irregular,Street Lights
  • Patio And Porch Features: Covered Patio,Uncovered Patio
  • Pool: No
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Driveway/Sidewalks: Sidewalk/Curb/Gutter

Utilities

  • Security: Carbon Mon Detector,Double Strapped Water Heater,Smoke Detector
  • Sewer: In & Connected,Sewer in Street,Public Sewer
  • Utilities: All Public,Cable Connected,Internet Available,Natural Gas Connected
  • Cooling: Ceiling Fan(s),None
  • Electric: 220 Volts,220 Volts in Kitchen,220 Volts in Laundry
  • Heating: Radiant Floor
  • Laundry Features: Cabinets,Gas Hook-Up,Inside Room,Sink
  • Water Source: Meter on Site,Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Other

Lot Info

  • Zoning Description: R1
  • Irrigation: None
  • Lot Size Acres: 0.1722
  • Lot Size Sq Ft: 7501

Tax Info

  • Assessor Parcel Number: 127-31-034
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Santa Clara

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 5, 2021
Sold by
Zhang Manjiang and Zhang Peiyi
Bought by
Manjiang Zhang And Peiyi Zhao Revocable Trust
Total Days on Market
25
Current Estimated Value
$4,201,591

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 27, 2019
Closed on
Dec 23, 2019
Sold by
Brown James Alan and Brown Victoria
Bought by
Zhang Manjiang and Zhao Peiyi
Seller's Agent
Michael Brown
KW Sac Metro
Buyer's Agent
Peiyi Zhao
Bay One Real Estate Investment
List Price
$2,800,000
Sold Price
$2,960,000
Premium/Discount to List
$160,000
5.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.93%
Original Mortgage
$2,220,000
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2013
Sold by
Brown James Alan and Brown Victoria Collman
Bought by
Brown James Alan and Brown Victoria Collman
Source: Public Records

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Range of Values:

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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
Manjiang Zhang And Peiyi Zhao Revocable Trust -- First American Title Insurance
Zhang Manjiang $2,960,000 Fidelity National Title Co
Brown James Alan -- None Available
Brown James Alan -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zhang Manjiang $200,000
Previous Owner Zhao Manjiang $2,000,000
Previous Owner Zhang Manjiang $2,180,000
Previous Owner Zhang Manjiang $2,220,000
Previous Owner Brown James Alan $881,000
Previous Owner Brown James Alan $280,000
Previous Owner Brown James A $400,000
Previous Owner Brown James Alan $609,000
Previous Owner Brown James Alan $498,000
Previous Owner Brown James Alan $498,000
Previous Owner Brown James Alan $100,000
Previous Owner Brown James Alan $439,000
Previous Owner Brown James Alan $439,000
Previous Owner Brown James Alan $439,000
Previous Owner Brown James Alan $433,000
Previous Owner Brown James Alan $429,000
Previous Owner Brown James Alan $427,500
Previous Owner Brown James Alan $427,500
Previous Owner Brown James Alan $430,000
Previous Owner Brown James Alan $429,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2020 01/03/20 Sold $2,960,000 +5.7% $1,187 / Sq Ft
11/21/2019 11/21/19 Pending -- -- --
10/27/2019 10/27/19 For Sale $2,800,000 -- $1,123 / Sq Ft
Source: MetroList

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
2024 $38,206 $3,173,715 $3,066,496 $107,219
2023 $37,644 $3,111,486 $3,006,369 $105,117
2022 $37,210 $3,050,477 $2,947,421 $103,056
2021 $36,476 $2,990,665 $2,889,629 $101,036
2020 $8,252 $626,813 $315,025 $311,788
2019 $8,156 $614,524 $308,849 $305,675
2018 $7,946 $602,476 $302,794 $299,682
2017 $7,804 $590,663 $296,857 $293,806
2016 $7,594 $579,083 $291,037 $288,046
2015 $7,513 $570,386 $286,666 $283,720
2014 $7,285 $559,214 $281,051 $278,163
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 19074255

MetroList

APN: 127-31-034