T
Seller's Agent in 2022
The reSolve Group
Compass
2590 Ross Rd Palo Alto, CA 94303
Midtown Palo Alto NeighborhoodEstimated Value: $3,217,000 - $4,219,000
4
Beds
2
Baths
1,582
Sq Ft
$2,301/Sq Ft
Est. Value
Highlights
- Quartz Countertops
- Neighborhood Views
- Double Pane Windows
- El Carmelo Elementary School Rated A+
- Balcony
- Bathtub with Shower
About This Home
As of November 2022Handsomely updated with warm and contemporary details, this turn-key home in sought-after Midtown offers a flexible layout, 4 bedrooms and a generous backyard. The open concept living room, dining area and kitchen make for easy entertaining and an adjacent patio extends the living space outside. Down the hallway, a light-filled family room with access to the yard offers a comfortable space to play, study and watch TV. Additional comforts include abundant closets throughout, double paned windows and an attached garage with laundry and storage. Anchored by three magnificent redwood trees, the backyard is spacious and private with multiple areas to gather and relax. Top-rated Palo Alto schools, just two blocks from Midtown Shopping Center and minutes to the fantastic dining and shopping of Cal Ave. and Downtown Palo Alto, this home is a must see!
Last Agent to Sell the Property
The reSolve Group
Compass License #70010012 Listed on: 09/23/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $39,027
Year Built
- Built in 1947
Lot Details
- 8,303 Sq Ft Lot
- Back Yard Fenced
- Level Lot
- Sprinklers on Timer
- Zoning described as R1
Parking
- 2 Car Garage
Home Design
- Slab Foundation
- Shingle Roof
- Composition Roof
Interior Spaces
- 1,582 Sq Ft Home
- 1-Story Property
- Double Pane Windows
- Separate Family Room
- Living Room with Fireplace
- Dining Area
- Neighborhood Views
- Laundry in Garage
Kitchen
- Gas Oven
- Range Hood
- Dishwasher
- Quartz Countertops
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Remodeled Bathroom
- Bathroom on Main Level
- 2 Full Bathrooms
- Bathtub with Shower
- Bathtub Includes Tile Surround
- Walk-in Shower
Outdoor Features
- Balcony
Utilities
- Forced Air Heating System
- Vented Exhaust Fan
Listing and Financial Details
- Assessor Parcel Number 127-31-043
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 23, 2022
Closed on
Oct 21, 2022
Sold by
Ross Gardens Llc
Bought by
Ouyang Wenjia and Lou Junjie
Seller's Agent
The reSolve Group
Compass
Buyer's Agent
Carrie Zhang
SALA Homes Realty & Development
List Price
$2,998,000
Sold Price
$3,160,000
Premium/Discount to List
$162,000
5.4%
Views
1
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$509,056
Avg. Annual Appreciation
4.69%
Original Mortgage
$2,470,000
Outstanding Balance
$2,377,476
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$1,211,976
Purchase Details
Closed on
May 19, 2020
Sold by
Lam Allen and Lam Brian
Bought by
Ross Gardens Llc
Purchase Details
Closed on
Jan 30, 2012
Sold by
Lam Paul Chut On and Lam Paul
Bought by
Lam Rita Kam Chi
Purchase Details
Closed on
Apr 9, 2011
Sold by
Lam Paul and Lam Rita
Bought by
Lam Paul Chut On and Lam Rita Kam Chi
Purchase Details
Closed on
Nov 8, 2002
Sold by
Densmore Owen M and Densmore Deirdre
Bought by
Lam Paul and Lam Rita
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$591,750
Interest Rate
5.95%
Purchase Details
Closed on
Feb 16, 2000
Sold by
Owen Densmore
Bought by
Densmore Owen M and Densmore Deirdre
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ouyang Wenjia | $3,160,000 | Old Republic Title | |
| Ross Gardens Llc | -- | None Available | |
| Lam Rita Kam Chi | -- | None Available | |
| Lam Paul Chut On | -- | None Available | |
| Lam Paul Chut On | -- | None Available | |
| Lam Paul | -- | Chicago Title | |
| Densmore Owen M | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ouyang Wenjia | $2,470,000 | |
| Previous Owner | Lam Paul | $579,800 | |
| Previous Owner | Lam Paul | $591,750 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/04/2022 11/04/22 | Sold | $3,160,000 | +5.4% | $1,997 / Sq Ft |
| 10/05/2022 10/05/22 | Pending | -- | -- | -- |
| 09/23/2022 09/23/22 | For Sale | $2,998,000 | -- | $1,895 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
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 | $39,027 | $3,308,472 | $2,965,140 | $343,332 |
| 2024 | $39,027 | $3,243,600 | $2,907,000 | $336,600 |
| 2023 | $38,453 | $3,180,000 | $2,850,000 | $330,000 |
| 2022 | $17,886 | $1,420,325 | $1,207,280 | $213,045 |
| 2021 | $27,147 | $2,200,000 | $2,135,000 | $65,000 |
| 2020 | $17,180 | $1,378,199 | $1,171,472 | $206,727 |
| 2019 | $16,988 | $1,351,176 | $1,148,502 | $202,674 |
| 2018 | $16,531 | $1,324,683 | $1,125,983 | $198,700 |
| 2017 | $16,240 | $1,298,709 | $1,103,905 | $194,804 |
| 2016 | $15,812 | $1,273,245 | $1,082,260 | $190,985 |
| 2015 | $15,655 | $1,254,121 | $1,066,004 | $188,117 |
| 2014 | $15,298 | $1,229,556 | $1,045,123 | $184,433 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2022
Carrie Zhang
SALA Homes Realty & Development
(408) 709-9701
1 in this area
21 Total Sales
-
Buyer Co-Listing Agent in 2022
Sunnie Li
SALA Homes Realty & Development
(650) 797-4808
2 in this area
84 Total Sales
Map
Source: MLSListings
MLS Number: ML81906873
APN: 127-31-043
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