NOT LISTED FOR SALE

Estimated Value: $3,768,000 - $4,823,000

3 Beds
2 Baths
1,949 Sq Ft
$2,199/Sq Ft Est. Value

Last Sold March 15, 2024

Last sale price $4,350,000 $2,232 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $27,316/month

7 Days on Market

Highlights

  • Primary Bedroom Suite
  • Wood Flooring
  • Granite Countertops
  • Duveneck Elementary School Rated A+
  • Solid Surface Bathroom Countertops
  • Neighborhood Views

About This Home

As of March 2024

Situated on a quiet cul-de-sac in prime Green Gables lies this remodeled ranch home with 3 bedrooms & 2 baths in nearly 2,000 sq. ft. all sitting on a freshly landscaped 6,865 sq. ft. lot. Large gathering spaces include the expansive family room with built-in cabinetry, fireplace & wall of windows, as well as the formal living room with skylight. The spacious kitchen features a custom island with built-in dining table, plentiful cabinet space, undercabinet lighting, new cooktop & 4 pantry closets. At the rear is the primary suite with en-suite bath & door to the backyard. 2 more bedrooms, a hall bath & indoor laundry round out the home. The 2-car garage is newly finished with recessed lighting, epoxy floor & outlet for electric car charging. Children attend top-performing Duveneck Elementary, Greene Middle & Palo Alto High. Close to Rinconada pool, tennis courts, library, community center, theater, garden & more. Mere minutes to 101, Stanford & University Ave., this home is perfectly situated to enjoy the Palo Alto lifestyle.

Last Agent to Sell the Property

Heng Seroff Group

Keller Williams Palo Alto License #70010137 Listed on: 02/14/2024

Last Buyer's Agent

Claire Zhou

Compass License #01440807

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $40,216

Year Built

  • Built in 1950

Lot Details

  • 6,865 Sq Ft Lot
  • East Facing Home
  • Gated Home
  • Level Lot
  • Sprinklers on Timer
  • Back Yard Fenced
  • Zoning described as R1

Parking

  • 2 Car Garage
  • Electric Vehicle Home Charger
  • Garage Door Opener
  • Uncovered Parking
  • Off-Street Parking

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Wood Shingle Roof

Interior Spaces

  • 1,949 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Wood Burning Fireplace
  • Formal Entry
  • Family Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Neighborhood Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Solid Surface Bathroom Countertops
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Thermostat
  • Water Filtration System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 003-37-069

Home Details

Home Type

Single Family

Est. Annual Taxes

$40,216

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Age: 74
  • Listing Class: Residential
  • Structure Sq Ft: 1949
  • Incorporated: Yes
  • Year Built: 1950
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Wood Burning
  • Dining Room: Breakfast Bar, Breakfast Room, Eat in Kitchen, Formal Dining Room
  • Kitchen: Cooktop - Electric, Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Island, Microwave, Oven - Built-In, Refrigerator
  • Living Sq Ft: 1949
  • Stories: 1
  • Bedrooms: Primary Suite / Retreat
  • Laundry: Dryer, Inside, Washer
  • Flooring: Hardwood, Tile
  • Additional Rooms: Formal Entry
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Primary - Stall Shower(s), Shower over Tub - 1, Solid Surface, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Wood Shakes / Shingles
  • View: Neighborhood
  • Yard/Grounds: Back Yard, Fenced, Balcony / Patio, Sprinklers - Lawn, Sprinklers - Auto
  • Fencing: Fenced, Fenced Back, Gate
  • Property Faces: East
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Covered Parking, Electric Car Hookup, Gate / Door Opener, Off-Street Parking, Uncovered Parking
  • Electric Vehicle Hookup Type: Electric Vehicle Hookup Level 2 (240 volts)

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Skylight

Schools

  • School District: Palo Alto Unified
  • Elementary School: Duveneck Elementary
  • Middle School: Frank S. Greene Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 311
  • Middle School: 329

Lot Info

  • Lot Description: Grade - Level, Regular
  • Parcel Number: 003-37-069
  • Lot Acres: 0.1576
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6865.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6865.00

Green Features

  • Energy Features: Skylight, Thermostat Controller

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Duveneck Elementary
  • High School Text: Palo Alto High
  • Middle School Text: Frank S. Greene Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2024
Closed on
Feb 27, 2024
Sold by
Wang Jun and Wang Xiaoyan
Bought by
Zhou Jilai and Song Yue
Seller's Agent
Heng Seroff Group
Keller Williams Palo Alto
Buyer's Agent
Claire Zhou
Compass
List Price
$3,698,000
Sold Price
$4,350,000
Premium/Discount to List
$652,000
17.63%
Total Days on Market
7
Views
60
Current Estimated Value
$4,285,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$64,512
Avg. Annual Appreciation
-1.19%
Original Mortgage
$3,455,000
Outstanding Balance
$3,405,251
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$880,237

Purchase Details

Listed on
Jun 23, 2017
Closed on
Apr 24, 2017
Sold by
Kohatsu Md Shoichi
Bought by
Wang Jun and Xu Xiaoyan
Seller's Agent
Michael Repka
Deleon Realty
Buyer's Agent
Michael Repka
Deleon Realty
List Price
$2,488,000
Sold Price
$3,000,000
Premium/Discount to List
$512,000
20.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.68%
Original Mortgage
$1,746,000
Interest Rate
4.05%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 12, 2010
Sold by
Kohatsu Shoichi
Bought by
Kohatsu Md Shoichi
Source: Public Records

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Range of Values:

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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
Zhou Jilai $4,350,000 First American Title
Wang Jun $3,000,000 Chicago Title Company
Kohatsu Md Shoichi -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhou Jilai $3,455,000
Previous Owner Wang Jun $2,280,000
Previous Owner Wang Jun $1,800,000
Previous Owner Wang Jun $1,500,000
Previous Owner Wang Jun $1,746,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2024 03/15/24 Sold $4,350,000 +17.6% $2,232 / Sq Ft
02/22/2024 02/22/24 Pending -- -- --
02/14/2024 02/14/24 For Sale $3,698,000 +23.3% $1,897 / Sq Ft
06/23/2017 06/23/17 Sold $3,000,000 +20.6% $1,539 / Sq Ft
06/23/2017 06/23/17 Pending -- -- --
06/23/2017 06/23/17 For Sale $2,488,000 -- $1,277 / 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 $40,216 $3,413,485 $3,282,637 $130,848
2023 $39,631 $3,346,555 $3,218,272 $128,283
2022 $39,183 $3,280,937 $3,155,169 $125,768
2021 $38,412 $3,216,605 $3,093,303 $123,302
2020 $37,596 $3,183,623 $3,061,585 $122,038
2019 $37,191 $3,121,200 $3,001,554 $119,646
2018 $36,156 $3,060,000 $2,942,700 $117,300
2017 $1,657 $136,474 $44,368 $92,106
2016 $1,601 $133,799 $43,499 $90,300
2015 $1,585 $131,790 $42,846 $88,944
2014 $1,560 $129,209 $42,007 $87,202
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81954226

MLSListings

APN: 003-37-069