NOT LISTED FOR SALE

Estimated Value: $3,013,000 - $3,459,000

4 Beds
2 Baths
1,688 Sq Ft
$1,956/Sq Ft Est. Value

Last Sold November 10, 2022

Last sale price $2,878,000 $1,705 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $20,543/month

26 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Gazebo
  • Palo Verde Elementary School Rated A+
  • Neighborhood Views
  • 2 Car Attached Garage

About This Home

As of November 2022

$300,000 Price Improvement!!! Tucked away in esteemed Palo Alto, this beautifully updated, single-level home offers tranquil living with mature landscaping and an enchanting backyard. Relax in the manicured front courtyard before stepping into the eat-in kitchen and family room that gracefully opens to the backyard. An abundance of natural light pours into the connected formal dining room and intimate living room with a refined white brick fireplace. These open living spaces offer incredible indoor-outdoor flow. Entertain friends underneath the picturesque pergola in the expansive backyard and enjoy this peaceful space which provides plenty of shade year-round. Lined with ample storage, the bedroom wing features the blissful primary suite, three guest bedrooms, and a hall bath. An attached two-car garage and an ideal location near Greer Park and Palo Alto schools bring plenty of convenience to your daily life. You won't want to miss this incredible home with expansion possibilities!

Last Agent to Sell the Property

Tim Proschold

Christie's International Real Estate Sereno License #01458118 Listed on: 09/15/2022

Christie's International Real Estate Sereno

Last Buyer's Agent

Henry Hua Tang

Maxreal License #01251988

Maxreal

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,632

Year Built

  • Built in 1961

Lot Details

  • 6,704 Sq Ft Lot
  • Back and Front Yard Fenced
  • Sprinklers on Timer
  • Mostly Level
  • Zoning described as R1

Parking

  • 2 Car Attached Garage
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Wood Frame Construction
  • Ceiling Insulation
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 1,688 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Double Pane Windows
  • Separate Family Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Neighborhood Views

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Electric Oven
  • Electric Cooktop
  • Freezer
  • Ice Maker
  • Dishwasher
  • Formica Countertops
  • Disposal

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry in Garage
  • Washer and Dryer
  • Laundry Tub

Outdoor Features

  • Deck
  • Gazebo

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Separate Meters
  • Individual Gas Meter
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 127-02-107

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,632

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Property Condition: Built / Remodeled Green
  • Age: 61
  • Listing Class: Residential
  • Structure Sq Ft: 1688
  • Incorporated: Yes
  • Year Built: 1961
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room, Wood Burning
  • Dining Room: Dining Area in Living Room, Eat in Kitchen
  • Kitchen: Cooktop - Electric, Countertop - Formica, Dishwasher, Exhaust Fan, Freezer, Garbage Disposal, Ice Maker, Oven - Built-In, Oven - Electric, Refrigerator
  • Living Sq Ft: 1688
  • Stories: 1
  • Bedrooms: Ground Floor Bedroom, More than One Bedroom on Ground Floor, Primary Bedroom on Ground Floor
  • Laundry: Electricity Hookup (110V), Electricity Hookup (220V), In Garage, Tub / Sink, Washer / Dryer
  • Flooring: Hardwood, Vinyl / Linoleum
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Bathroom: Full on Ground Floor, Primary - Stall Shower(s), Shower over Tub - 1, Tile
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition, Shingle
  • View: Neighborhood
  • Yard/Grounds: Back Yard, Deck, Fenced, Gazebo, Sprinklers - Auto, Sprinklers - Lawn
  • Fencing: Fenced Back, Fenced Front, Wood
  • Construction Type: Stucco, Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Off-Street Parking, On Street

Utilities

  • Heating System: Central Forced Air - Gas, Fireplace
  • Sewer/Septic System: Sewer - Public

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 - Mostly Level
  • Parcel Number: 127-02-107
  • Lot Acres: 0.1539
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6706.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6706.00

Green Features

  • Energy Features: Ceiling Insulation, Double Pane Windows

Multi Family

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

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2022
Closed on
Oct 13, 2022
Sold by
Stephen And Elizabeth Ford 2002 Living T
Bought by
Liu Yukai and Jiang Feng
Seller's Agent
Tim Proschold
Christie's International Real Estate Sereno
Buyer's Agent
Henry Hua Tang
Maxreal
List Price
$3,298,000
Sold Price
$2,878,000
Premium/Discount to List
-$420,000
-12.73%
Views
4
Current Estimated Value
$3,301,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$423,658
Avg. Annual Appreciation
4.85%
Original Mortgage
$2,000,000
Outstanding Balance
$1,907,789
Interest Rate
4.88%
Mortgage Type
New Conventional
Estimated Equity
$1,393,869

Purchase Details

Closed on
Jan 7, 2022
Sold by
Matthew Ford Stephen
Bought by
Stephen And Elizabeth Ford 2002 Living Trust and 200 Elizabeth

Purchase Details

Closed on
Jan 15, 2002
Sold by
Ford Stephen M and Ford Elizabeth B
Bought by
Ford Stephen M and Ford Elizabeth B

Purchase Details

Closed on
Aug 30, 1995
Sold by
Waters John W and Waters M
Bought by
Ford Stephen M and Ford Elizabeth B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,085
Interest Rate
7.63%
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
Liu Yukai $2,878,000 First American Title
Stephen And Elizabeth Ford 2002 Living Trust -- --
Ford Stephen M -- --
Ford Stephen M $415,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liu Yukai $2,000,000
Previous Owner Ford Stephen M $373,085
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2022 11/10/22 Sold $2,878,000 -4.0% $1,705 / Sq Ft
10/12/2022 10/12/22 Pending -- -- --
09/27/2022 09/27/22 Price Changed $2,998,000 -9.1% $1,776 / Sq Ft
09/15/2022 09/15/22 For Sale $3,298,000 -- $1,954 / 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 $35,632 $3,013,651 $2,731,050 $282,601
2024 $35,632 $2,954,560 $2,677,500 $277,060
2023 $34,970 $2,878,000 $2,625,000 $253,000
2022 $8,629 $649,638 $324,819 $324,819
2021 $8,456 $636,900 $318,450 $318,450
2020 $8,294 $630,370 $315,185 $315,185
2019 $8,197 $618,010 $309,005 $309,005
2018 $7,986 $605,894 $302,947 $302,947
2017 $7,844 $594,014 $297,007 $297,007
2016 $7,632 $582,368 $291,184 $291,184
2015 $7,551 $573,622 $286,811 $286,811
2014 $7,323 $562,386 $281,193 $281,193
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81907394

MLSListings

APN: 127-02-107