NOT LISTED FOR SALE

251 Washington Ave Palo Alto, CA 94301

Old Palo Alto Neighborhood

Estimated Value: $5,371,000 - $8,741,000

4 Beds
2.5 Baths
2,208 Sq Ft
$3,300/Sq Ft Est. Value

Last Sold May 30, 2012

Last sale price $2,600,000 $1,178 Per Sq Ft

Est. 180% increase in value since last sale

Current estimated payment $47,783/month

20 Days on Market

Highlights

  • Spa
  • Primary Bedroom Suite
  • Mediterranean Architecture
  • Walter Hays Elementary Rated A+
  • Living Room with Fireplace
  • 4-minute walk to Bowden Park

About This Home

As of May 2012

EXQUISITELY POSITIONED 1930'S MEDITERRANEAN IN PRIME OLD PALO ALTO LOCATION*CUSTOM-TILED FRONT PORCH LEADS TO MAIN LEVEL SHOWCASING METICULOUSLY REFINISHED HARDWOOD FLOORS, DETAILED CEILINGS, AND MASTERFULLY CRAFTED MILLWORK*FORMAL LIVING AND DINING ROOMS*EAT-IN KITCHEN OVERLOOKING LARGE AND PRIVATE REAR YARD WITH SPA*PERIOD TOUCHES THROUGHOUT CAPTURE THE ESSENCE OF THE ORIGINAL DESIGN

Last Agent to Sell the Property

Miles McCormick

Keller Williams Palo Alto License #01184883 Listed on: 04/11/2012

Keller Williams Palo Alto

Last Buyer's Agent

Grace Wu

Compass License #00886757

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $82,562

Year Built

  • Built in 1936

Lot Details

  • 7,492

Home Design

  • Mediterranean Architecture
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,208 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Bonus Room

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Bathtub with Shower
  • Walk-in Shower

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Within 50 Feet

Additional Features

  • Spa
  • Zoning described as R1

Listing and Financial Details

  • Assessor Parcel Number 124-19-078

Home Details

Home Type

Single Family

Est. Annual Taxes

$82,562

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Style: Mediterranean
  • Age: 76
  • Sale Price Per Sq Ft: 1177.54
  • Listing Class: Residential
  • Structure Sq Ft: 2208
  • Barclay Horizontal: 10
  • 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: B
  • Map Top Coordinate Secondary: 10
  • Thomas Bros Page: 791
  • Thomas Brothers: B6
  • 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, Hookups - Gas
  • Living Sq Ft: 2208
  • Stories: 2
  • Bedrooms: Primary Suite / Retreat
  • Laundry: 220 Volt Outlet
  • Flooring: Hardwood - Partial, Tile, Carpet - Wall to Wall, Vinyl / Linoleum
  • Additional Rooms: Bonus / Hobby Room
  • Maximum Bathrooms: 3
  • Maximum Numberof Bedrooms: 4
  • Minimum Bathrooms: 3
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Shower over Tub - 1, Tubs - 1, Stall Shower

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Pool Description: Spa / Hot Tub, Pool - No
  • View: Local/Neighborhood
  • Exterior: Stucco

Garage/Parking

  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Central AC
  • Heating System: Forced Air
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Schools

  • School District: Palo Alto Unified

Lot Info

  • Parcel Number: 124-19-078
  • List Price per Sq Ft: 1220.56
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7500.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 7500.00
  • Lot Size Area Min Search: 7500.00
  • Maximum Lot Size: 7500.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Multi Family

  • Maximum Building Height: 2
  • Minimum Building Height: 2

MLS Schools

  • High School District Text: Palo Alto Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2021
Sold by
Klinkner Steven Richard and He Stephanie Zhimao
Bought by
Klinkner Steven and He Stephanie Z
Total Days on Market
20
Current Estimated Value
$7,286,574

Purchase Details

Closed on
Aug 27, 2021
Sold by
Klinkner Steven Richard and He Stephanie Zhimao
Bought by
Klinkner Steven Richard and He Stephanie Zhimao

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$863,000
Outstanding Balance
$790,999
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$6,283,162

Purchase Details

Listed on
Apr 11, 2012
Closed on
May 17, 2012
Sold by
Matheson James E and Matheson Susan C
Bought by
Klinkner Steven R and He Stephanie Zhimao
Seller's Agent
Miles McCormick
Keller Williams Palo Alto
Buyer's Agent
Grace Wu
Compass
List Price
$2,695,000
Sold Price
$2,600,000
Premium/Discount to List
-$95,000
-3.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.99%
Original Mortgage
$1,100,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 23, 1994
Sold by
Matheson James Ernest and Matheson Susan Childs
Bought by
Matheson James Ernest and Matheson Susan Childs
Source: Public Records

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Range of Values:

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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
Klinkner Steven -- None Available
Klinkner Steven Richard -- Wfg National Title Ins Co
Klinkner Steven R $2,599,750 First American Title Company
Matheson James Ernest -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Klinkner Steven Richard $863,000
Closed Klinkner Steven R $1,100,000
Previous Owner Matheson James E $417,000
Previous Owner Matheson James E $417,000
Previous Owner Matheson James Ernest $300,000
Previous Owner Matheson James E $452,400
Previous Owner Matheson James E $452,448
Previous Owner Matheson James Ernest $350,000
Previous Owner Matheson James Ernest $287,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2012 05/30/12 Sold $2,600,000 -3.5% $1,178 / Sq Ft
05/01/2012 05/01/12 Pending -- -- --
04/11/2012 04/11/12 For Sale $2,695,000 -- $1,221 / 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
2024 $82,562 $6,950,961 $2,709,137 $4,241,824
2023 $81,355 $6,814,668 $2,656,017 $4,158,651
2022 $80,513 $6,681,048 $2,603,939 $4,077,109
2021 $78,848 $6,550,048 $2,552,882 $3,997,166
2020 $77,188 $6,482,886 $2,526,706 $3,956,180
2019 $76,346 $6,355,771 $2,477,163 $3,878,608
2018 $74,210 $6,231,149 $2,428,592 $3,802,557
2017 $72,911 $6,108,971 $2,380,973 $3,727,998
2016 $85,420 $7,218,377 $2,751,277 $4,467,100
2015 $79,501 $6,669,951 $2,709,951 $3,960,000
2014 $35,203 $2,916,247 $2,656,867 $259,380
Source: Public Records

Agents Affiliated with this Home

  • Miles McCormick

    Seller's Agent in 2012

    Miles McCormick

    Keller Williams Palo Alto

    7 Total Sales

    Miles McCormick
    Section Image

  • G

    Buyer's Agent in 2012

    Grace Wu

    Compass

See All Agents

Map

Source: MLSListings

MLS Number: ML81213356

MLSListings

APN: 124-19-078

California Santa Clara County Palo Alto 94301 Old Palo Alto

251 Washington Ave, Palo Alto, CA

This home is located at 251 Washington Ave, Palo Alto, CA 94301 since 11 April 2012 and is currently estimated at $7,286,574, approximately $3,300 per square foot. This property was built in 1936. 251 Washington 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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