NOT LISTED FOR SALE

2516 Webster St Palo Alto, CA 94301

Midtown Palo Alto Neighborhood

Estimated Value: $6,628,000 - $6,871,000

5 Beds
5 Baths
3,171 Sq Ft
$2,121/Sq Ft Est. Value

Last Sold November 22, 2016

Last sale price $5,100,000 $1,608 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $41,592/month

7 Days on Market

Highlights

  • Newly Remodeled
  • Wood Flooring
  • Breakfast Area or Nook
  • El Carmelo Elementary School Rated A+
  • 2 Fireplaces
  • Formal Dining Room

About This Home

As of November 2016

Location, Location, Location! This brand new house is steps from the vibrant midtown shopping center, while sitting in a quiet cul-de-sac. Large lot with park-like yard. Two story house with elegantly curved stairs lighted by chandeliers. Dual walk-in closets for master bedroom. Insulated walls inside and outside for best soundproofing. Health friendly paint with zero VOC. All designer closets with high quality wood. Name brand appliances, lighting and plumbing fixtures. High tech security and sound systems. Lot and house sizes are per city record. The house size includes a 229sf one car garage. (Note: The address was changed from 2514 Webster)

Last Agent to Sell the Property

Jennifer Liu

Coldwell Banker Realty License #01933885 Listed on: 10/20/2016

Coldwell Banker Realty

Last Buyer's Agent

Grace Wu

Compass License #00886757

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $69,081

Year Built

  • Built in 2016 | Newly Remodeled

Lot Details

  • 8,843 Sq Ft Lot
  • Zoning described as R1

Parking

  • 1 Car Attached Garage

Home Design

  • Ceiling Insulation
  • Tile Roof

Interior Spaces

  • 3,171 Sq Ft Home
  • 2-Story Property
  • Skylights
  • 2 Fireplaces
  • Gas Fireplace
  • Double Pane Windows
  • Separate Family Room
  • Formal Dining Room
  • Crawl Space

Kitchen

  • Breakfast Area or Nook
  • ENERGY STAR Qualified Appliances

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms
  • Granite Bathroom Countertops
  • Dual Sinks
  • Low Flow Toliet
  • Bathtub with Shower
  • Low Flow Shower

Utilities

  • Forced Air Heating and Cooling System
  • Thermostat
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Assessor Parcel Number 132-02-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$69,081

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Estimated Completion Date: 10/20/2016
  • Listing Class: Residential
  • Structure Sq Ft: 3171
  • Construction: New Construction
  • Year Built: 2016
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Burning
  • Dining Room: Breakfast Nook, Formal Dining Room
  • Living Sq Ft: 3171
  • Stories: 2
  • Flooring: Hardwood, Tile
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Bathroom: Double Sinks, Granite, Shower and Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Crawl Space
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 4
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Attached Garage

Utilities

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

Schools

  • School District: Palo Alto Unified

Lot Info

  • Parcel Number: 132-02-009
  • Lot Acres: 0.2030
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8836.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8836.00

Green Features

  • Energy Features: Ceiling Insulation, Double Pane Windows, Energy Star Appliances, Low Flow Shower, Low Flow Toilet, Skylight, Thermostat Controller

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters

MLS Schools

  • High School District Text: Palo Alto Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2016
Closed on
Nov 10, 2016
Sold by
Zhu Jay J and Liu Jennifer J
Bought by
Hei Jing and Xu Jun
Seller's Agent
Jennifer Liu
Coldwell Banker Realty
Buyer's Agent
Grace Wu
Compass
List Price
$4,688,000
Sold Price
$5,100,000
Premium/Discount to List
$412,000
8.79%
Current Estimated Value
$6,725,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,625,930
Avg. Annual Appreciation
3.07%

Purchase Details

Closed on
Jun 12, 2014
Sold by
Jones Joanne F and C Milton Jones Family Trust
Bought by
Zhu Jay J and Liu Jennifer J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,560,000
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 18, 2003
Sold by
Jones Joanne F
Bought by
Jones Joanne F and Joanne F Jones Marital Trust

Purchase Details

Closed on
Jun 7, 1996
Sold by
Lee June
Bought by
Jones C Milton
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Hei Jing $5,100,000 Cornerstone Title Company
Zhu Jay J $2,850,000 Chicago Title Company
Jones Joanne F -- --
Jones Joanne F -- --
Jones C Milton -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ehu Jay J $1,562,500
Previous Owner Zhu Jay J $100,000
Previous Owner Zhu Jay J $1,560,000
Previous Owner Jones Joanne F $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2016 11/22/16 Sold $5,100,000 +8.8% $1,608 / Sq Ft
10/27/2016 10/27/16 Pending -- -- --
10/20/2016 10/20/16 For Sale $4,688,000 -- $1,478 / 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 $69,081 $5,918,983 $4,178,106 $1,740,877
2024 $69,081 $5,802,926 $4,096,183 $1,706,743
2023 $68,070 $5,689,144 $4,015,866 $1,673,278
2022 $67,294 $5,577,593 $3,937,124 $1,640,469
2021 $65,969 $5,468,229 $3,859,926 $1,608,303
2020 $64,584 $5,412,160 $3,820,348 $1,591,812
2019 $63,878 $5,306,040 $3,745,440 $1,560,600
2018 $62,095 $5,202,000 $3,672,000 $1,530,000
2017 $61,007 $5,100,000 $3,600,000 $1,500,000
2016 $35,199 $2,931,362 $2,893,462 $37,900
2015 $34,469 $2,850,000 $1,950,000 $900,000
2014 $2,230 $131,886 $33,902 $97,984
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Liu

    Seller's Agent in 2016

    Jennifer Liu

    Coldwell Banker Realty

    (650) 575-7035

    3 in this area

    24 Total Sales

    Jennifer Liu
    Section Image

  • G

    Buyer's Agent in 2016

    Grace Wu

    Compass

See All Agents

Map

Source: MLSListings

MLS Number: ML81627778

MLSListings

APN: 132-02-009

California Santa Clara County Palo Alto 94301 Midtown Palo Alto

2516 Webster St, Palo Alto, CA

This home is located at 2516 Webster St, Palo Alto, CA 94301 since 20 October 2016 and is currently estimated at $6,725,930, approximately $2,121 per square foot. This property was built in 2016. 2516 Webster St 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLSListings Property Information © 2025 MLSListings Inc. All rights reserved. Listing information is deemed reliable but not guaranteed. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSListings Inc. The viewer acknowledges ownership and validity of its copyright. Information provided is for personal, non-commercial use by a viewer with a bona fide interest in the purchase or sale of real estate of the type being offered via this website or other electronic means. The viewer is prohibited from copying, redistributing or retransmitting any of the data or information provided by MLSListing, Inc.

Nearby Homes