NOT LISTED FOR SALE

2551 Greer Rd Palo Alto, CA 94303

Midtown Palo Alto Neighborhood

Estimated Value: $3,215,000 - $3,954,197

3 Beds
2 Baths
1,356 Sq Ft
$2,636/Sq Ft Est. Value

Last Sold April 24, 2017

Last sale price $2,475,000 $1,825 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $22,481/month

7 Days on Market

Highlights

  • Heated In Ground Pool
  • Contemporary Architecture
  • High Ceiling
  • Palo Verde Elementary School Rated A+
  • Radiant Floor
  • Open to Family Room

About This Home

As of April 2017

Entertainers dream! 3 bed /2 bath light and bright single story contemporary home features a backyard made for entertaining. Lovely patio with a sparkling pool and relaxing hot tub Situated on a quiet court in a convenient Midtown location 1356 +/- sq ft home on a 8400 +/- sq ft private lot with large kitchen dining room, and separate bright living room with fireplace Just blocks to shops, parks, excellent Palo Alto schools and convenient commuter access

Last Agent to Sell the Property

Alan Dunckel

Compass License #00866010 Listed on: 03/22/2017

Compass

Last Buyer's Agent

Jeff Ling

Maxreal License #01770463

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,544

Year Built

  • Built in 1958

Lot Details

  • 8,407 Sq Ft Lot
  • Back Yard Fenced
  • Zoning described as R1

Parking

  • 2 Car Garage
  • Secured Garage or Parking
  • Off-Street Parking

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Tar and Gravel Roof

Interior Spaces

  • 1,356 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Wood Burning Fireplace
  • Family or Dining Combination

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Dishwasher
  • Formica Countertops

Flooring

  • Wood
  • Radiant Floor
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub
  • Walk-in Shower

Pool

  • Heated In Ground Pool
  • Spa

Listing and Financial Details

  • Assessor Parcel Number 127-02-086

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,544

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Contemporary
  • Age: 59
  • Listing Class: Residential
  • Structure Sq Ft: 1356
  • Year Built: 1958
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Wood Burning
  • Dining Room: Breakfast Bar, Dining Area in Family Room
  • Kitchen: Countertop - Formica, Dishwasher, Refrigerator
  • Living Sq Ft: 1356
  • Stories: 1
  • Security: Secured Garage / Parking
  • Laundry: Hookup - Washer/Dryer
  • Flooring: Hardwood, Laminate
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Stall Shower, Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Pool - Heated, Pool - In Ground, Spa / Hot Tub
  • Roof: Tar and Gravel
  • Pool: Yes
  • Fencing: Fenced Back
  • Construction Type: Wood Frame

Garage/Parking

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

Utilities

  • Heating System: Radiant Floors
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: High Ceiling

Schools

  • School District: Palo Alto Unified

Lot Info

  • Parcel Number: 127-02-086
  • Lot Acres: 0.1930
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8400.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8400.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2017
Closed on
Apr 19, 2017
Sold by
Gale Gregory James and Estate Of Terrance Jon Gale
Bought by
Guo Jian and Ingjing Liu J
Seller's Agent
Alan Dunckel
Compass
Buyer's Agent
Jeff Ling
Maxreal
List Price
$2,195,000
Sold Price
$2,475,000
Premium/Discount to List
$280,000
12.76%
Current Estimated Value
$3,574,049

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,099,049
Avg. Annual Appreciation
4.50%
Original Mortgage
$1,825,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 19, 1999
Sold by
Koblos Csaba and Koblos Lenora S
Bought by
Gale Terrance

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$469,000
Interest Rate
5.55%

Purchase Details

Closed on
Apr 24, 1998
Sold by
Koblos Lenora S
Bought by
Koblos Lenora S
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
Guo Jian $2,475,000 Chicago Title Company
Gale Terrance $587,000 Financial Title Company
Koblos Lenora S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guo Jian $237,000
Open Guo Jian $1,700,000
Closed Guo Jian $1,747,555
Closed Guo Jian $1,816,545
Closed Guo Jian $1,825,000
Previous Owner Gale Terrance $791,575
Previous Owner Gale Terrance $215,000
Previous Owner Gale Terrance $637,000
Previous Owner Gale Terrance $565,000
Previous Owner Gale Terrance $545,000
Previous Owner Gale Terrance $469,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2017 04/24/17 Sold $2,475,000 +12.8% $1,825 / Sq Ft
03/30/2017 03/30/17 Pending -- -- --
03/22/2017 03/22/17 For Sale $2,195,000 -- $1,619 / 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 $36,544 $3,085,685 $2,756,390 $329,295
2024 $36,544 $3,025,183 $2,702,344 $322,839
2023 $36,544 $2,815,000 $2,514,500 $300,500
2022 $35,510 $2,907,712 $2,597,409 $310,303
2021 $34,810 $2,850,699 $2,546,480 $304,219
2020 $31,792 $2,626,489 $2,520,369 $106,120
2019 $31,441 $2,574,990 $2,470,950 $104,040
2018 $30,573 $2,524,500 $2,422,500 $102,000
2017 $10,272 $792,907 $607,856 $185,051
2016 $10,000 $777,361 $595,938 $181,423
2015 $9,897 $765,685 $586,987 $178,698
2014 $9,633 $750,687 $575,489 $175,198
Source: Public Records

Agents Affiliated with this Home

  • Alan Dunckel

    Seller's Agent in 2017

    Alan Dunckel

    Compass

    (650) 543-1074

    1 in this area

    8 Total Sales

    Alan Dunckel
    Section Image

  • J

    Buyer's Agent in 2017

    Jeff Ling

    Maxreal

    Section Image
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Map

Source: MLSListings

MLS Number: ML81643397

MLSListings

APN: 127-02-086

California Santa Clara County Palo Alto 94303 Midtown Palo Alto

2551 Greer Rd, Palo Alto, CA

This home is located at 2551 Greer Rd, Palo Alto, CA 94303 since 22 March 2017 and is currently estimated at $3,574,049, approximately $2,635 per square foot. This property was built in 1958. 2551 Greer Rd is a home located in Santa Clara County with nearby schools including Palo Verde Elementary School, Jane Lathrop Stanford Middle School, and Palo Alto High School.

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