NOT LISTED FOR SALE

Estimated Value: $3,171,000 - $3,512,838

2 Beds
2 Baths
1,483 Sq Ft
$2,262/Sq Ft Est. Value

Last Sold August 09, 2016

Last sale price $2,300,000 $1,551 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $20,347/month

12 Days on Market

Highlights

  • Wood Flooring
  • Cottage
  • 1 Car Attached Garage
  • El Carmelo Elementary School Rated A+
  • Formal Dining Room
  • Forced Air Heating System

About This Home

As of August 2016

This is it! Charming, old-world cottage that has been meticulously maintained and beautifully kept up! Fantastic location with excellent Palo Alto Schools. Home has distinct features and is move-in ready. A rare and special find in one of Palo Alto's most prestigious neighborhoods: Midtown. Very functional and usable floor plan features 2 bedrooms, 2 full bathrooms, a bonus room, an attached one-car garage, and a fantastic outdoor entertaining garden perfect for hosting outdoor dinner parties under twinkle lights. Flat, highly usable lot with dog run and incredible curb appeal. You can't miss this gem of a home!

Last Agent to Sell the Property

Adriana Trenev

Compass License #01893246 Listed on: 07/07/2016

Compass

Last Buyer's Agent

RECIP

Out of Area Office License #00000000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,781

Year Built

  • Built in 1941

Lot Details

  • 6,621 Sq Ft Lot
  • Zoning described as R1

Parking

  • 1 Car Attached Garage

Home Design

  • Cottage
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,483 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Formal Dining Room
  • Washer and Dryer

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 132-17-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,781

Year Built

Built in 1941

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Cottage
  • Age: 75
  • Listing Class: Residential
  • Structure Sq Ft: 1483
  • Year Built: 1941
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Formal Dining Room
  • Living Sq Ft: 1483
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Hardwood, Tile, Vinyl / Linoleum
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

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

Utilities

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

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: 132-17-009
  • Lot Acres: 0.1520
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6599.34
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6599.34

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

Listed on
Jul 7, 2016
Closed on
Aug 2, 2016
Sold by
Wong Man Yin Diana
Bought by
Lui Wayne Wing Tak
Seller's Agent
Adriana Trenev
Compass
Buyer's Agent
RECIP
Out of Area Office
List Price
$1,988,888
Sold Price
$2,300,000
Premium/Discount to List
$311,112
15.64%
Current Estimated Value
$3,353,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,053,960
Avg. Annual Appreciation
4.41%

Purchase Details

Listed on
Jul 7, 2016
Closed on
Jul 28, 2016
Sold by
Guild Courtney
Bought by
Lui Sarina Tak Ching and Eng Angela Po Fong
Seller's Agent
Adriana Trenev
Compass
Buyer's Agent
RECIP
Out of Area Office
List Price
$1,988,888
Sold Price
$2,300,000
Premium/Discount to List
$311,112
15.64%
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
Lui Wayne Wing Tak -- Old Republic Title Company
Lui Sarina Tak Ching $2,300,000 Old Republic Title Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2016 08/09/16 Sold $2,300,000 +15.6% $1,551 / Sq Ft
07/20/2016 07/20/16 Pending -- -- --
07/07/2016 07/07/16 For Sale $1,988,888 -- $1,341 / 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 $30,781 $2,669,342 $2,495,257 $174,085
2024 $30,781 $2,617,003 $2,446,331 $170,672
2023 $30,332 $2,565,690 $2,398,364 $167,326
2022 $29,987 $2,515,384 $2,351,338 $164,046
2021 $29,395 $2,466,064 $2,305,234 $160,830
2020 $28,770 $2,440,778 $2,281,597 $159,181
2019 $28,458 $2,392,920 $2,236,860 $156,060
2018 $27,668 $2,346,000 $2,193,000 $153,000
2017 $27,183 $2,300,000 $2,150,000 $150,000
2016 $1,162 $96,362 $31,397 $64,965
2015 $1,150 $94,916 $30,926 $63,990
2014 $1,133 $93,058 $30,321 $62,737
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81593893

MLSListings

APN: 132-17-009