NOT LISTED FOR SALE

249 Lowell Ave Palo Alto, CA 94301

Old Palo Alto Neighborhood

Estimated Value: $7,871,796 - $8,352,000

4 Beds
3.5 Baths
4,015 Sq Ft
$2,026/Sq Ft Est. Value

Last Sold March 07, 2014

Last sale price $7,500,000 $1,868 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $53,148/month

Highlights

  • Breakfast Area or Nook
  • Formal Dining Room
  • Forced Air Heating and Cooling System
  • Walter Hays Elementary Rated A+
  • Laundry Room
  • Washer and Dryer

About This Home

As of May 2023

PRIME OLD PALO ALTO This 4 bedroom home was recently remodeled. Light filled living room with adjoining sunroom, formal dining room and library with fireplace. Chef's kitchen with large center island. Family room with double French doors leading to the large & private rear gardens. The primary suite has two walk-in closets and a spa-like bathroom.

Last Agent to Rent the Property

Mary Gullixson

Compass License #70001879 Listed on: 11/10/2022

Compass

Last Renter's Agent

Mary Gullixson

Compass License #70001879 Listed on: 11/10/2022

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $106,867

Year Built

  • 1916

Lot Details

  • 0.26

Parking

  • No Garage

Interior Spaces

  • 4,015 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Formal Dining Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Gas Cooktop
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Additional Features

  • 0.26 Acre Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Security Deposit $50,000
  • Property Available on 1/1/23
  • Rent includes gardener
  • 12-Month Min and 24-Month Max Lease Term

Home Details

Home Type

Single Family

Est. Annual Taxes

$106,867

Year Built

1916

Lot Details

0

Rental Info

  • Available: 01/01/2023
  • Lease Terms: Credit Report Required
  • Maximum Lease Months: 24
  • Minimum Lease Months: 12
  • Rent Includes: Gardener
  • Security Deposit: 50000

Listing Details

  • Subclass: House For Rent
  • Age: 106
  • Listing Class: Residential Lease/Rental
  • Structure Sq Ft: 4015
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1916

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Wood Burning
  • Dining Room: Breakfast Bar, Breakfast Nook, Formal Dining Room
  • Kitchen: Cooktop - Gas, Dishwasher, Freezer, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 4015
  • Stories: 2
  • Laundry: Washer / Dryer
  • Additional Rooms: Laundry Room
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Garage/Parking

  • Garage Parking Features: No Garage

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air - Gas

Schools

  • School District: Palo Alto Unified

Lot Info

  • Lot Acres: 0.2583
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 11250.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 11250.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 7, 2022
Sold by
Ni Yuanyuan
Bought by
Hai Holdings Llc
Current Estimated Value
$8,135,599

Purchase Details

Listed on
Feb 5, 2014
Closed on
Mar 4, 2014
Sold by
Kelly Bryan F and White Emily C
Bought by
The Ry Trust and Wang Yangbin
Seller's Agent
Miles McCormick
Keller Williams Palo Alto
Buyer's Agent
Jingjing Guo
Compass
List Price
$7,950,000
Sold Price
$7,500,000
Premium/Discount to List
-$450,000
-5.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.71%

Purchase Details

Closed on
Nov 20, 2013
Sold by
Kelly Bryan and White Emily
Bought by
Kelly Bryan F and White Emily C

Purchase Details

Listed on
May 2, 2012
Closed on
Jul 18, 2012
Sold by
Rose John Weston and Rose Laurie Hallenbeck
Bought by
Kelly Bryan and White Emily
Seller's Agent
Carol,Nicole & James
Compass
Buyer's Agent
Miles McCormick
Keller Williams Palo Alto
List Price
$5,100,000
Sold Price
$4,800,000
Premium/Discount to List
-$300,000
-5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.11%
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
Hai Holdings Llc -- --
Ni Yuanyuan -- --
The Ry Trust $7,499,750 First American Title Company
Kelly Bryan F -- None Available
Kelly Bryan $4,799,750 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rose John Weston $1,007,500
Previous Owner Rose John Weston $1,000,000
Previous Owner Rose John W $250,000
Previous Owner Rose John Weston $771,000
Previous Owner Rose John Weston $765,000
Previous Owner Rose John Weston $100,000
Previous Owner Rose John Weston $775,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2023 05/01/23 Rented $22,000 -12.0% --
04/21/2023 04/21/23 Under Contract -- -- --
11/10/2022 11/10/22 For Rent $25,000 0.0% --
03/07/2014 03/07/14 Sold $7,500,000 -5.7% $1,868 / Sq Ft
02/19/2014 02/19/14 Pending -- -- --
02/05/2014 02/05/14 For Sale $7,950,000 +65.6% $1,980 / Sq Ft
07/25/2012 07/25/12 Sold $4,800,000 -2.0% $1,196 / Sq Ft
06/27/2012 06/27/12 Pending -- -- --
05/17/2012 05/17/12 Price Changed $4,900,000 -3.9% $1,220 / Sq Ft
05/02/2012 05/02/12 For Sale $5,100,000 -- $1,270 / 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 $106,867 $9,193,968 $7,355,177 $1,838,791
2024 $106,867 $9,013,695 $7,210,958 $1,802,737
2023 $105,308 $8,836,957 $7,069,567 $1,767,390
2022 $104,116 $8,663,685 $6,930,949 $1,732,736
2021 $102,069 $8,493,810 $6,795,049 $1,698,761
2020 $99,916 $8,406,718 $6,725,375 $1,681,343
2019 $98,830 $8,241,881 $6,593,505 $1,648,376
2018 $96,061 $8,080,276 $6,464,221 $1,616,055
2017 $94,382 $7,921,840 $6,337,472 $1,584,368
2016 $91,926 $7,766,510 $6,213,208 $1,553,302
2015 $91,053 $7,649,850 $6,119,880 $1,529,970
2014 $57,796 $4,821,792 $4,419,976 $401,816
Source: Public Records

Agents Affiliated with this Home

  • Mary Gullixson

    Landlord's Agent in 2023

    Mary Gullixson

    Compass

    (650) 888-0860

    4 in this area

    103 Total Sales

    Mary Gullixson
    Section Image
  • Miles McCormick

    Seller's Agent in 2014

    Miles McCormick

    Keller Williams Palo Alto

    (650) 400-1001

    5 Total Sales

    Miles McCormick
    Section Image

  • J

    Buyer's Agent in 2014

    Jingjing Guo

    Compass

    Section Image

  • C

    Seller's Agent in 2012

    Carol,Nicole & James

    Compass

    Section Image
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Map

Source: MLSListings

MLS Number: ML81912791

MLSListings

APN: 124-17-020

California Santa Clara County Palo Alto 94301 Old Palo Alto

249 Lowell Ave, Palo Alto, CA

This home is located at 249 Lowell Ave, Palo Alto, CA 94301 since 10 November 2022 and is currently priced at $8,135,599. This property was built in 1916. 249 Lowell Ave is a home located in Santa Clara County with nearby schools including Walter Hays Elementary, Frank S. Greene Jr. Middle, and Palo Alto High School.

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