NOT LISTED FOR SALE

Estimated Value: $3,872,000 - $6,910,000

3 Beds
2 Baths
1,632 Sq Ft
$3,654/Sq Ft Est. Value

Last Sold July 07, 2016

Last sale price $2,525,000 $1,547 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $36,516/month

5 Days on Market

Highlights

  • Wood Flooring
  • Breakfast Area or Nook
  • Combination Dining and Living Room
  • El Carmelo Elementary School Rated A+
  • Forced Air Heating System
  • Ceiling Fan

About This Home

As of July 2016

Wonderful opportunity to move in or build your dream home in a prime Midtown location on an extra-large lot. The charming one story home with hardwood floors and a fireplace can be occupied now while planning for your future. Walk to restaurants, coffee houses, groceries and other services. The neighborhood is home to parks, bike paths and excellent Palo Alto Unified schools. Easy access to Caltrain and Highways 101 and 280. Disclosures available upon request.

Last Agent to Sell the Property

Joseph Martignetti

Ventana Property Services Inc. License #01116935 Listed on: 06/01/2016

Last Buyer's Agent

Brigid Van Randall

Redfin License #01139489

Redfin

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $66,288

Year Built

  • Built in 1947

Lot Details

  • 9,104 Sq Ft Lot
  • Wood Fence
  • Corners Of The Lot Have Been Marked
  • Mostly Level
  • Zoning described as R1

Parking

  • 2 Car Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,632 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Combination Dining and Living Room

Kitchen

  • Breakfast Area or Nook
  • Gas Oven
  • Dishwasher
  • Formica Countertops
  • Disposal

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 132-02-024

Home Details

Home Type

Single Family

Est. Annual Taxes

$66,288

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 69
  • Listing Class: Residential
  • Structure Sq Ft: 1632
  • Incorporated: Yes
  • Year Built: 1947
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Breakfast Nook, Dining Area in Living Room
  • Kitchen: Countertop - Formica, Dishwasher, Garbage Disposal, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 1632
  • Stories: 1
  • Laundry: Hookup - Washer/Dryer
  • Flooring: Hardwood, Vinyl / Linoleum
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition, Shingle
  • Yard/Grounds: Fenced
  • Fencing: Wood
  • Construction Type: Wood

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage

Utilities

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

Schools

  • School District: Palo Alto Unified

Lot Info

  • Lot Description: Corners Marked, Grade - Mostly Level, Surveyed
  • Parcel Number: 132-02-024
  • Lot Acres: 0.2090
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9102.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9102.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2019
Sold by
Singh Jagjot and Singh Charan K
Bought by
Singh Jagjot and Singh Charan K
Current Estimated Value
$5,660,591

Purchase Details

Listed on
Jun 1, 2016
Closed on
Jun 29, 2016
Sold by
Scher Holdings Llc
Bought by
Singh Jagjot and Singh Charan K
Seller's Agent
Joseph Martignetti
Ventana Property Services Inc.
Buyer's Agent
Brigid Van Randall
Redfin
List Price
$2,515,000
Sold Price
$2,525,000
Premium/Discount to List
$10,000
0.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.16%
Original Mortgage
$1,767,500
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 27, 2016
Sold by
Scher Holdings Llc
Bought by
Scher Holdings Llc

Purchase Details

Closed on
May 28, 2013
Sold by
Scher Edward C
Bought by
Scher Holdings Llc

Purchase Details

Closed on
Aug 14, 2012
Sold by
Finebaum Harriet
Bought by
Finebaum Harriet

Purchase Details

Closed on
Feb 9, 2011
Sold by
Scher Hannah
Bought by
Scher Edward C

Purchase Details

Closed on
Jul 16, 2009
Sold by
Scher Hannah
Bought by
Scher Edward C

Purchase Details

Closed on
Dec 27, 2007
Sold by
Finebaum Harriet
Bought by
Finebaum Murray L and Finebaum Harriet

Purchase Details

Closed on
Nov 9, 1995
Sold by
Glickman Sybil
Bought by
Glickman Sybil
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
Singh Jagjot -- None Available
Singh Jagjot $2,525,000 Old Republic Title Company
Scher Holdings Llc $2,000,000 First American Title Company
Scher Holdings Llc -- None Available
Finebaum Harriet -- None Available
Scher Edward C -- None Available
Scher Hannah -- None Available
Scher Edward C -- None Available
Finebaum Murray L -- None Available
Finebaum Harriet -- None Available
Glickman Sybil -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sing Jagjot $2,200,000
Closed Singh Jagjot $1,624,600
Closed Singh Jagjot $1,767,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2016 07/07/16 Sold $2,525,000 +0.4% $1,547 / Sq Ft
06/07/2016 06/07/16 Pending -- -- --
06/01/2016 06/01/16 For Sale $2,515,000 -- $1,541 / 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 $66,288 $5,558,141 $2,816,125 $2,742,016
2023 $65,319 $5,449,158 $2,760,907 $2,688,251
2022 $64,576 $5,342,313 $2,706,772 $2,635,541
2021 $61,414 $5,078,563 $2,653,699 $2,424,864
2020 $40,455 $3,355,489 $2,626,489 $729,000
2019 $31,471 $2,574,990 $2,574,990 $0
2018 $31,256 $2,575,500 $2,524,500 $51,000
2017 $30,708 $2,525,000 $2,475,000 $50,000
2016 $3,282 $204,323 $138,238 $66,085
2015 $3,244 $201,255 $136,162 $65,093
2014 $3,086 $197,313 $133,495 $63,818
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81588422

MLSListings

APN: 132-02-024