NOT LISTED FOR SALE

Estimated Value: $5,913,857 - $6,800,000

5 Beds
4.5 Baths
2,981 Sq Ft
$2,091/Sq Ft Est. Value

Last Sold October 23, 2015

Last sale price $4,350,000 $1,459 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $37,390/month

28 Days on Market

Highlights

  • Skyline View
  • Two Way Fireplace
  • Wood Flooring
  • El Carmelo Elementary School Rated A+
  • Vaulted Ceiling
  • Spanish Architecture

About This Home

As of October 2015

Don't let this opportunity pass you by! This brand new home offers the best in convenience & class. Expansive windows & skylights fill the home w/ natural light. Family room w/ high ceiling & lovely chandelier, 65" wall-mounted TV & surround sound; integrated smart home-work system, intercom, security cameras & Nest thermostat. The unique, private side courtyard w/ fireplace & greenery; large backyard bordered by beautiful trees w/ built-in barbecue & large covered patio. Easy access to Silicon Valley hubs.

Last Agent to Sell the Property

Judy Shen

Coldwell Banker Realty License #01272874 Listed on: 09/09/2015

Coldwell Banker Realty

Last Buyer's Agent

Amy Zhang

Baywin Realty and Financial Services License #01338704

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $60,304

Year Built

  • Built in 2015

Lot Details

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

Parking

  • 1 Car Garage
  • Garage Door Opener

Home Design

  • Spanish Architecture
  • Wood Frame Construction
  • Ceiling Insulation
  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,981 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Skylights in Kitchen
  • Two Way Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Formal Entry
  • Formal Dining Room
  • Skyline Views
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Travertine

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Dual Sinks
  • Bathtub with Shower
  • Walk-in Shower

Home Security

  • Intercom
  • Alarm System
  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

  • Outdoor Fireplace
  • Barbecue Area

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • Separate Meters
  • 220 Volts
  • Individual Gas Meter
  • Cable TV Available

Community Details

  • Courtyard

Listing and Financial Details

  • Assessor Parcel Number 132-02-023

Home Details

Home Type

Single Family

Est. Annual Taxes

$60,304

Year Built

Built in 2015

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Spanish
  • Listing Class: Residential
  • Structure Sq Ft: 2981
  • Construction: Completed
  • Incorporated: Yes
  • Year Built: 2015
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Burning, Gas Starter, Dual See Thru
  • Dining Room: Breakfast Bar, Eat in Kitchen, Formal Dining Room
  • Kitchen: 220 Volt Outlet, Cooktop - Gas, Countertop - Other, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Island with Sink, Oven Range - Built-In, Gas, Refrigerator, Skylight, Wine Refrigerator
  • Living Sq Ft: 2981
  • Stories: 2
  • Security: Fire Alarm, Fire System - Sprinkler, Security Alarm
  • Laundry: Hookup - Washer/Dryer, Hookups Only
  • Flooring: Hardwood, Travertine
  • Additional Rooms: Formal Entry
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Bathroom: Double Sinks, Shower and Tub, Skylight, Stall Shower
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space
  • Roof: Tile
  • Yard/Grounds: Back Yard, BBQ Area, Courtyard, Fenced, Outdoor Fireplace, Sprinklers - Auto, Sprinklers - Lawn
  • Fencing: Fenced, Fenced Back
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Attached Garage, Gate / Door Opener

Utilities

  • Cooling System: Central Forced Air - Gas
  • Heating System: Central Forced Air - Gas, Fireplace, Heating - 2+ Zones
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Skylight, Vaulted Ceiling, Wet Bar

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: 132-02-023
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7435.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7435.00

Green Features

  • Energy Features: Ceiling Insulation, Double Pane Windows, Skylight

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Natural Gas, 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

Listed on
Sep 9, 2015
Closed on
Oct 11, 2015
Sold by
Webster Investment Llc
Bought by
Guo Bing and Zhang Li
Seller's Agent
Judy Shen
Coldwell Banker Realty
Buyer's Agent
Amy Zhang
Baywin Realty and Financial Services
List Price
$4,298,000
Sold Price
$4,350,000
Premium/Discount to List
$52,000
1.21%
Current Estimated Value
$5,911,196

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,561,196
Avg. Annual Appreciation
3.35%

Purchase Details

Closed on
Jul 21, 2014
Sold by
Jin Jun
Bought by
Webster Investment Llc

Purchase Details

Closed on
Sep 9, 2013
Sold by
Guo Rui
Bought by
Jin Jun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$845,000
Interest Rate
4.55%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Jun 20, 2012
Closed on
Jul 9, 2012
Sold by
Johnson Arthur
Bought by
Jin Jun
Seller's Agent
Ken Deleon
Deleon Realty
Buyer's Agent
Judy Shen
Coldwell Banker Realty
List Price
$1,498,000
Sold Price
$1,690,000
Premium/Discount to List
$192,000
12.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.20%
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 Bing $4,350,000 Old Republic Title Company
Webster Investment Llc -- Stewart Title
Jin Jun -- Stewart Title Of California
Jin Jun -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jin Jun $845,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2015 10/23/15 Sold $4,350,000 +1.2% $1,459 / Sq Ft
10/08/2015 10/08/15 Pending -- -- --
09/09/2015 09/09/15 For Sale $4,298,000 +154.3% $1,442 / Sq Ft
07/17/2012 07/17/12 Sold $1,690,000 +12.8% $1,343 / Sq Ft
06/28/2012 06/28/12 Pending -- -- --
06/20/2012 06/20/12 For Sale $1,498,000 -- $1,191 / 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 $60,304 $5,048,544 $3,742,886 $1,305,658
2023 $59,422 $4,949,554 $3,669,497 $1,280,057
2022 $58,745 $4,852,505 $3,597,547 $1,254,958
2021 $57,590 $4,757,358 $3,527,007 $1,230,351
2020 $56,383 $4,708,578 $3,490,842 $1,217,736
2019 $55,768 $4,616,254 $3,422,395 $1,193,859
2018 $54,215 $4,525,740 $3,355,290 $1,170,450
2017 $53,267 $4,437,000 $3,289,500 $1,147,500
2016 $51,878 $4,350,000 $3,225,000 $1,125,000
2015 $25,716 $2,111,691 $1,731,591 $380,100
2014 $20,836 $1,697,672 $848,836 $848,836
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81513725

MLSListings

APN: 132-02-023