NOT LISTED FOR SALE

2479 Chabot Terrace Palo Alto, CA 94303

Midtown Palo Alto Neighborhood

Estimated Value: $2,585,000 - $3,129,000

3 Beds
1 Bath
1,091 Sq Ft
$2,641/Sq Ft Est. Value

Last Sold October 26, 2021

Last sale price $2,505,000 $2,296 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $18,303/month

13 Days on Market

Highlights

  • Contemporary Architecture
  • Balcony
  • Bathtub with Shower
  • Palo Verde Elementary School Rated A+
  • 1 Car Attached Garage
  • Combination Dining and Living Room

About This Home

As of October 2021

Prime Palo Alto family neighborhood cul-de-sac home on large lot with expansion opportunities. Home features a great open floor with abundant windows and lots natural light while surrounded by many beautiful mature trees. Enjoy living in this well maintained freshly painted home with huge yard while your children attend great Palo Alto Schools. Or remodel/rebuild like many other have done it on this street. Homes with more than 2500 square feet have been built in the neighborhood with similar size lots. You can explore the possibilities including an ADU. September 20th $100,000 price reduction.

Last Agent to Sell the Property

Paul Burdick

Compass License #00877117 Listed on: 09/09/2021

Compass

Last Buyer's Agent

Feifei Zhang

FlyHomes, Inc License #02130289

FlyHomes, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,623

Year Built

  • 1950

Lot Details

  • 6,782 Sq Ft Lot
  • Sprinkler System
  • Back Yard Fenced

Parking

  • 1 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,091 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Gas Dryer Hookup

Kitchen

  • Gas Oven
  • Range Hood

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Outdoor Features

  • Balcony
  • Barbecue Area

Utilities

  • Wall Furnace
  • Heating System Uses Gas
  • Separate Meters

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,623

Year Built

1950

Lot Details

0

Parking

1

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Style: Contemporary
  • Age: 71
  • Listing Class: Residential
  • Structure Sq Ft: 1091
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1950

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area In Living Room
  • Kitchen: Hood Over Range, Oven Range - Gas
  • Living Sq Ft: 1091
  • Stories: 1
  • Bedrooms: Ground Floor Bedroom
  • Laundry: Gas Hookup
  • Flooring: Carpet, Laminate
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Shower And Tub

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Yard/Grounds: Back Yard, Balcony / Patio, Bbq Area, Fenced, Sprinklers - Lawn
  • Fencing: Fenced Back
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Gas, Wall Furnace
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Schools

  • School District: Palo Alto Unified

Lot Info

  • Lot Acres: 0.1557
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6783.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6783.00
  • Soil: Unknown

Multi Family

  • Utilities: Individual Electric Meters, Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2021
Closed on
Oct 14, 2021
Sold by
Burch Lewis C L and Lewis C L Burch Jr Separate Tr
Bought by
Zeng Junyuan and Zhou Yingying
Seller's Agent
Paul Burdick
Compass
Buyer's Agent
Feifei Zhang
FlyHomes, Inc
List Price
$2,595,000
Sold Price
$2,505,000
Premium/Discount to List
-$90,000
-3.47%
Current Estimated Value
$2,881,244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$376,244
Avg. Annual Appreciation
3.69%
Original Mortgage
$1,999,990
Outstanding Balance
$1,817,291
Interest Rate
2.25%
Mortgage Type
New Conventional
Estimated Equity
$1,063,953

Purchase Details

Closed on
Jun 28, 2017
Sold by
Burch Lewis C L and Burch Robert J
Bought by
Burch Lewis C L

Purchase Details

Closed on
Mar 25, 2003
Sold by
Burch Mildred Sylvia
Bought by
Burch Mildred Sylvia
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
Zeng Junyuan $2,505,000 Fidelity National Title Co
Burch Lewis C L -- None Available
Burch Mildred Sylvia -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zeng Junyuan $1,999,990
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2021 10/26/21 Sold $2,505,000 +0.2% $2,296 / Sq Ft
09/23/2021 09/23/21 Pending -- -- --
09/20/2021 09/20/21 Price Changed $2,499,950 -3.7% $2,291 / Sq Ft
09/09/2021 09/09/21 For Sale $2,595,000 -- $2,379 / 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 $31,623 $2,658,325 $2,573,429 $84,896
2024 $31,623 $2,606,202 $2,522,970 $83,232
2023 $31,159 $2,555,100 $2,473,500 $81,600
2022 $30,799 $2,505,000 $2,425,000 $80,000
2021 $1,818 $72,304 $33,912 $38,392
2020 $1,798 $71,564 $33,565 $37,999
2019 $1,773 $70,161 $32,907 $37,254
2018 $1,745 $68,786 $32,262 $36,524
2017 $1,713 $67,438 $31,630 $35,808
2016 $1,662 $66,116 $31,010 $35,106
2015 $1,639 $65,124 $30,545 $34,579
2014 $1,507 $63,849 $29,947 $33,902
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2021

    Paul Burdick

    Compass

    Section Image

  • F

    Buyer's Agent in 2021

    Feifei Zhang

    FlyHomes, Inc

    Section Image
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Map

Source: MLSListings

MLS Number: ML81862056

MLSListings

APN: 127-38-024

California Santa Clara County Palo Alto 94303 Midtown Palo Alto

2479 Chabot Terrace, Palo Alto, CA

This home is located at 2479 Chabot Terrace, Palo Alto, CA 94303 since 09 September 2021 and is currently estimated at $2,881,244, approximately $2,640 per square foot. This property was built in 1950. 2479 Chabot Terrace 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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