NOT LISTED FOR SALE

2563 Waverley St Palo Alto, CA 94301

Midtown Palo Alto Neighborhood

Estimated Value: $5,341,000 - $7,022,000

7 Beds
5.5 Baths
4,118 Sq Ft
$1,511/Sq Ft Est. Value

Last Sold August 18, 2023

Last sale price $5,300,000 $1,287 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $39,095/month

7 Days on Market

Highlights

  • Open to Family Room
  • 1 Car Attached Garage
  • Gas Fireplace
  • El Carmelo Elementary School Rated A+
  • Forced Air Zoned Heating and Cooling System

About This Home

As of August 2023

Only two years old, this exquisite North Midtown residence presents myriad architectural details, beautiful custom spaces, and a private lower level. Light-filled interiors boast hickory floors and baseboards, designer tile selections, Brizo® and Kohler® plumbing fixtures, Marvin® windows, and custom TruStile® doors with bronze hardware. A spacious living room opens to a balcony, and the family room includes a Montigo® fireplace and a folding glass wall connecting to the rear leisure deck. Arranged around a vast island, the high-end kitchen displays stunning quartz countertops, KraftMaid® custom cabinets, a 33 farmhouse fireclay sink, and high-end appliances including dual Fisher & Paykel® dishwashers and a commercial-grade Thermador® dual-oven range with griddle. Two bedrooms are on the main level, while three bedrooms await upstairs, including a relaxing primary suite with sky-lit spa bath. Fitted with a private entry, the lower level provides two bedroom suites, dual laundry, and a utility kitchen.

Last Agent to Sell the Property

Xin Jiang

Compass License #01961451 Listed on: 07/12/2023

Compass

Last Buyer's Agent

Umang Sanchorawala

Compass License #01471341

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $63,175

Year Built

  • Built in 2021

Lot Details

  • 6,874 Sq Ft Lot
  • Zoning described as R1

Parking

  • 1 Car Attached Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,118 Sq Ft Home
  • 3-Story Property
  • Gas Fireplace

Kitchen

  • Open to Family Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 7 Bedrooms

Utilities

  • Forced Air Zoned Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 132-08-022

Home Details

Home Type

Single Family

Est. Annual Taxes

$63,175

Year Built

Built in 2021

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Age: 2
  • Listing Class: Residential
  • Structure Sq Ft: 4118
  • Year Built: 2021
  • Zoning Description: R1
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Burning
  • Dining Room: Eat in Kitchen
  • Living Sq Ft: 4118
  • Stories: 3
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 7
  • Minimum Numberof Bedrooms: 7
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Composition

Garage/Parking

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

Utilities

  • Cooling System: Central AC, Multi-Zone
  • Heating System: Forced Air, Heating - 2+ Zones
  • Sewer/Septic System: Sewer - Public

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

  • Parcel Number: 132-08-022
  • Lot Acres: 0.1578
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6872.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6872.00

Multi Family

  • Utilities: Public Utilities

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

Closed on
Jan 14, 2024
Sold by
Pabba Vinod and Mudulodu Kasturi
Bought by
Vinod Pabba And Kasturi Mudulodu Family Trust and Pabba
Current Estimated Value
$6,220,954

Purchase Details

Listed on
Jul 12, 2023
Closed on
Aug 7, 2023
Sold by
Charles And Maxine Rand Living Trust
Bought by
Pabba Vinod and Mudulodu Kasturi
Seller's Agent
Xin Jiang
Compass
Buyer's Agent
Umang Sanchorawala
Compass
List Price
$4,980,000
Sold Price
$5,300,000
Premium/Discount to List
$320,000
6.43%
Views
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.13%
Original Mortgage
$3,300,000
Interest Rate
6.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 2021
Sold by
Rand Charles D and Rand Maxine L
Bought by
Rand Charles Dewey and Rand Maxine Labash

Purchase Details

Listed on
Jan 12, 2017
Closed on
Feb 21, 2017
Sold by
Uychinco Trimble Gordon M and Uychinco Trimble Sonia
Bought by
Rand Charles D and Rand Maxine L
Seller's Agent
Lee Smith
Linda Smith, Broker
Buyer's Agent
Steve Niethammer
Zane MacGregor
List Price
$2,195,000
Sold Price
$2,080,000
Premium/Discount to List
-$115,000
-5.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.72%
Original Mortgage
$1,000,000
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2015
Sold by
Trimble Gordon M
Bought by
Uychinco Trimble Gordon M and Uychinco Trimble Sonia
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
Vinod Pabba And Kasturi Mudulodu Family Trust -- None Listed On Document
Pabba Vinod $5,300,000 Lawyers Title Company
Rand Charles Dewey -- None Available
Rand Charles D $2,080,000 Old Republic Title Company
Uychinco Trimble Gordon M -- None Available
Trimble Gordon M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pabba Vinod $3,300,000
Previous Owner Rand Maxine L $822,375
Previous Owner Rand Charles D $250,000
Previous Owner Rand Charles D $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2023 08/18/23 Sold $5,300,000 +6.4% $1,287 / Sq Ft
07/19/2023 07/19/23 Pending -- -- --
07/12/2023 07/12/23 For Sale $4,980,000 +139.4% $1,209 / Sq Ft
03/01/2017 03/01/17 Sold $2,080,000 -5.2% $1,455 / Sq Ft
02/01/2017 02/01/17 Pending -- -- --
01/12/2017 01/12/17 For Sale $2,195,000 -- $1,535 / 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 $63,175 $5,406,000 $3,060,000 $2,346,000
2024 $63,175 $5,300,000 $3,000,000 $2,300,000
2023 $59,866 $4,994,105 $2,320,277 $2,673,828
2022 $59,182 $4,896,182 $2,274,782 $2,621,400
2021 $40,541 $3,332,179 $2,230,179 $1,102,000
2020 $32,366 $2,675,312 $2,207,312 $468,000
2019 $26,513 $2,164,032 $2,164,032 $0
2018 $25,912 $2,121,600 $1,909,440 $212,160
2017 $10,693 $828,563 $779,781 $48,782
2016 $21,904 $1,792,911 $1,644,282 $148,629
2015 $2,661 $151,871 $57,652 $94,219
2014 $2,514 $148,897 $56,523 $92,374
Source: Public Records

Agents Affiliated with this Home

  • Xin Jiang

    Seller's Agent in 2023

    Xin Jiang

    Compass

    (650) 283-8379

    9 in this area

    57 Total Sales

    Xin Jiang
    Section Image
  • Umang Sanchorawala

    Buyer's Agent in 2023

    Umang Sanchorawala

    Compass

    (650) 960-5363

    2 in this area

    52 Total Sales

    Umang Sanchorawala
    Section Image

  • L

    Seller's Agent in 2017

    Lee Smith

    Linda Smith, Broker

  • Steve Niethammer

    Buyer's Agent in 2017

    Steve Niethammer

    Zane MacGregor

    (650) 520-6290

    20 Total Sales

    Steve Niethammer
    Section Image
  • Tim Foy

    Buyer Co-Listing Agent in 2017

    Tim Foy

    Midtown Realty

    (650) 387-5078

    19 in this area

    93 Total Sales

    Tim Foy
    Section Image

  • K

    Buyer Co-Listing Agent in 2017

    Kristina Yermakova

    California Realtors

See All Agents

Map

Source: MLSListings

MLS Number: ML81934149

MLSListings

APN: 132-08-022

California Santa Clara County Palo Alto 94301 Midtown Palo Alto

2563 Waverley St, Palo Alto, CA

This home is located at 2563 Waverley St, Palo Alto, CA 94301 since 12 July 2023 and is currently estimated at $6,220,954, approximately $1,510 per square foot. This property was built in 2021. 2563 Waverley 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.

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