NOT LISTED FOR SALE

2500 South Ct Palo Alto, CA 94301

Midtown Palo Alto Neighborhood

Estimated Value: $4,635,000 - $5,313,000

3 Beds
2.5 Baths
2,275 Sq Ft
$2,212/Sq Ft Est. Value

Last Sold April 26, 2013

Last sale price $2,700,000 $1,187 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $30,805/month

9 Days on Market

Highlights

  • Primary Bedroom Suite
  • Living Room with Fireplace
  • Den
  • El Carmelo Elementary School Rated A+
  • Wood Flooring
  • Formal Dining Room

About This Home

As of April 2013

Ranch style home on large 11,025 sf lot located on cul-de-sac in desirable Midtown. Remodelled kitchen has white cabinetry with silestone countertops. Hardwood flooring, newer roof. Spacious backyard with patio & level lawn. Long paverstone driveway. 2-car garage with attached bonus room ideal for an office. Property offers opportunity for expansion or possible guest house check with City of PA

Last Agent to Sell the Property

Carol Li

Compass License #01227755 Listed on: 04/04/2013

Compass

Last Buyer's Agent

Sharon Witte

Coldwell Banker Realty License #00842833

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $40,554

Year Built

  • Built in 1936

Lot Details

  • Fenced
  • Level Lot
  • Sprinklers on Timer
  • Zoning described as R1

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 2,275 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Formal Entry
  • Living Room with Fireplace
  • Formal Dining Room
  • Den

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating System
  • Baseboard Heating
  • 220 Volts
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 132-12-033

Home Details

Home Type

Single Family

Est. Annual Taxes

$40,554

Year Built

Built in 1936

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Age: 77
  • Sale Price Per Sq Ft: 1186.81
  • Level Street Main: Bedroom(s)
  • Listing Class: Residential
  • Structure Sq Ft: 2275
  • Barclay Horizontal: 11
  • Barclays Page: 12
  • Incorporated: Yes
  • Map Book Page: 791
  • Map Book Page Secondary: 12
  • Map Side Coordinate: 6
  • Map Side Coordinate Secondary: 82
  • Map Top Coordinate: C
  • Map Top Coordinate Secondary: 11
  • Thomas Bros Page: 791
  • Thomas Brothers: C6
  • Year Built: 1936
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Fireplace: Living Room, Wood Burning, Yes
  • Dining Room: Formal Dining Room, Eat in Kitchen
  • Kitchen: Dishwasher, Garbage Disposal, Refrigerator, Microwave, Oven - Built-In, Oven Range - Built-In, 220 Volt Outlet
  • Living Sq Ft: 2275
  • Stories: 1
  • Bedrooms: Primary Suite / Retreat, Ground Floor Bedroom
  • Laundry: In Laundry Room, Dryer, Washer, 220 Volt Outlet
  • Flooring: Tile, Hardwood
  • Additional Rooms: Den / Study / Office, Formal Entry, Basement - Partial
  • Maximum Bathrooms: 3
  • Maximum Numberof Bedrooms: 3
  • Minimum Bathrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Pool - No
  • Roof: Concrete
  • View: Local/Neighborhood
  • Yard/Grounds: Patio(s), Sprinkler(s) - Front, Sprinkler(s) - Rear, Sprinklers - Auto, Fenced
  • Exterior: Stucco

Garage/Parking

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

Utilities

  • Heating System: Baseboard, Forced Air
  • Sewer/Septic System: Sewer in Street, Sewer Connected

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

  • Lot Description: Grade - Level
  • Parcel Number: 132-12-033
  • List Price per Sq Ft: 878.24
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 11025.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 11025.00
  • Lot Size Area Min Search: 11025.00
  • Maximum Lot Size: 11025.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Multi Family

  • Maximum Building Height: 1
  • Minimum Building Height: 1

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
Apr 4, 2013
Closed on
Apr 24, 2013
Sold by
Zerfoss Jay R and Zerfoss Barbara K
Bought by
Walker James N and Walker Delney M
Seller's Agent
Carol Li
Compass
Buyer's Agent
Sharon Witte
Coldwell Banker Realty
List Price
$1,998,000
Sold Price
$2,700,000
Premium/Discount to List
$702,000
35.14%
Current Estimated Value
$5,033,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,333,300
Avg. Annual Appreciation
5.18%
Original Mortgage
$2,100,000
Interest Rate
2.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 2007
Sold by
Zerfoss Jay R and Zerfoss Kay M
Bought by
Zerfoss Jay R and Zerfoss Kay M

Purchase Details

Closed on
Apr 6, 2006
Sold by
Zerfoss Jay R and Zerfoss Kay M
Bought by
Zerfoss Jay R and Zerfoss Kay M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
12.47%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 18, 2005
Sold by
Zerfoss Jay R and Zerfoss Barbara K
Bought by
Zerfoss Jay R and Zerfoss Kay M

Purchase Details

Closed on
May 19, 1998
Sold by
Zerfoss Jay R & Kay M and Barbara K
Bought by
Zerfoss Jay R and Zerfoss Barbara K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$331,000
Interest Rate
7.37%
Source: Public Records

Range of Values:

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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
Walker James N $2,699,750 Chicago Title Company
Zerfoss Jay R -- None Available
Zerfoss Jay R -- Fidelity National Title
Zerfoss Jay R -- --
Zerfoss Jay R -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walker Revocable Trust $700,000
Open Walker James N $2,000,000
Closed Walker James N $2,100,000
Previous Owner Zerfoss Jay R $742,500
Previous Owner Zerfoss Jay R $550,000
Previous Owner Zerfoss Jay R $55,000
Previous Owner Zerfoss Jay R $7,500
Previous Owner Zerfoss Jay R $390,000
Previous Owner Zerfoss Jay R $35,000
Previous Owner Zerfoss Jay R $331,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2013 04/26/13 Sold $2,700,000 +35.1% $1,187 / Sq Ft
04/13/2013 04/13/13 Pending -- -- --
04/04/2013 04/04/13 For Sale $1,998,000 -- $878 / 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 $40,554 $3,441,127 $2,462,853 $978,274
2024 $40,554 $3,373,655 $2,414,562 $959,093
2023 $39,146 $3,238,741 $2,367,218 $871,523
2022 $38,193 $3,133,080 $2,320,802 $812,278
2021 $37,440 $3,071,648 $2,275,297 $796,351
2020 $36,661 $3,040,153 $2,251,967 $788,186
2019 $36,257 $2,980,543 $2,207,811 $772,732
2018 $35,254 $2,922,102 $2,164,521 $757,581
2017 $34,635 $2,864,807 $2,122,080 $742,727
2016 $33,729 $2,808,635 $2,080,471 $728,164
2015 $33,402 $2,766,448 $2,049,221 $717,227
2014 $32,757 $2,712,258 $2,009,080 $703,178
Source: Public Records

Agents Affiliated with this Home

  • Carol Li

    Seller's Agent in 2013

    Carol Li

    Compass

    (650) 281-8368

    2 in this area

    40 Total Sales

    Carol Li
    Section Image

  • S

    Buyer's Agent in 2013

    Sharon Witte

    Coldwell Banker Realty

    Section Image
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Map

Source: MLSListings

MLS Number: ML81310703

MLSListings

APN: 132-12-033

California Santa Clara County Palo Alto 94301 Midtown Palo Alto

2500 South Ct, Palo Alto, CA

This home is located at 2500 South Ct, Palo Alto, CA 94301 since 04 April 2013 and is currently estimated at $5,033,300, approximately $2,212 per square foot. This property was built in 1936. 2500 South Ct is a home located in Santa Clara County with nearby schools including El Carmelo Elementary School, Jane Lathrop Stanford Middle School, and Palo Alto High School.

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