NOT LISTED FOR SALE

2637 Marshall Dr Palo Alto, CA 94303

Midtown Palo Alto Neighborhood

Estimated Value: $3,937,000 - $5,876,000

4 Beds
2 Baths
1,758 Sq Ft
$3,004/Sq Ft Est. Value

Last Sold April 26, 2016

Last sale price $2,400,000 $1,365 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $30,773/month

6 Days on Market

Highlights

  • Guest Parking
  • Forced Air Heating System
  • 1-Story Property
  • Palo Verde Elementary School Rated A+
  • Dining Area

About This Home

As of April 2016

Amazing opportunity in prime Midtown location. Live in now and get rental income or renovate/build new later. Sought-after Midtown block dotted with new homes. 4br 2ba traditional style home with hardwood floors, fireplace, updated kitchen and baths. Bonus cottage perfect for in-laws, guest house or rental income. Walk to Midtown coffee and restaurants, close proximity to Stanford, Caltrain, 101 and Palo Alto schools.

Last Agent to Sell the Property

Zachary Trailer

Compass License #01371338 Listed on: 03/09/2016

Compass

Last Buyer's Agent

Kathleen Pasin

Christie's International Real Estate Sereno License #01396779

Christie's International Real Estate Sereno

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $55,311

Year Built

  • Built in 1946

Lot Details

  • 7,884 Sq Ft Lot
  • Zoning described as R1

Home Design

  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,758 Sq Ft Home
  • 1-Story Property
  • Fireplace With Gas Starter
  • Dining Area

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • Guest Parking
  • On-Street Parking

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 127-29-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$55,311

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Age: 70
  • Listing Class: Residential
  • Structure Sq Ft: 1758
  • Year Built: 1946
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Gas Starter
  • Dining Room: Dining Area
  • Living Sq Ft: 1758
  • Stories: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Parking Features: Guest / Visitor Parking, On Street

Utilities

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

Schools

  • School District: Palo Alto Unified

Lot Info

  • Parcel Number: 127-29-012
  • Lot Acres: 0.1810
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7875.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7875.00

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
Apr 15, 2010
Sold by
27Th & Telegraph Llc
Bought by
The Dutta Family Trust and Dutta Debjani
Current Estimated Value
$4,930,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 5, 2009
Sold by
Garlock Rosemarie and Garlock Jason
Bought by
27Th & Telegraph Llc

Purchase Details

Closed on
Jun 3, 2004
Sold by
Garlock William
Bought by
Garlock Rosemarie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 18, 2003
Sold by
Levett Dennis and Levett Dennis A
Bought by
Levett Dennis

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
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 25, 2002
Sold by
Budzich Teresa
Bought by
Levett Dennis A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,500
Interest Rate
6.37%

Purchase Details

Closed on
Nov 5, 1999
Sold by
Teresa Budzich
Bought by
Budzich Teresa
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
The Dutta Family Trust $2,400,000 First American Title Company
27Th & Telegraph Llc -- None Available
Garlock Rosemarie -- Financial Title Company
Garlock Rosemarie $1,200,000 Financial Title Company
Levett Dennis -- Financial Title Company
Levett Dennis A -- Chicago Title Co
Budzich Teresa -- Financial Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dutta Rajiv $1,464,000
Closed Dutta Rajiv $1,528,000
Closed Dutta Rajiv $1,545,000
Closed Dutta Rajiv $2,000,000
Previous Owner 27Th & Telegraph Llc $500,000
Previous Owner The Dutta Family Trust $1,300,000
Previous Owner Garlock Rosemarie $240,000
Previous Owner Garlock Rosemarie $840,000
Previous Owner Levett Dennis $100,000
Previous Owner Levett Dennis $845,000
Previous Owner Levett Dennis $300,000
Previous Owner Levett Dennis A $712,500
Closed Levett Dennis A $142,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2016 04/26/16 Sold $2,400,000 +20.1% $1,365 / Sq Ft
03/16/2016 03/16/16 Pending -- -- --
03/09/2016 03/09/16 For Sale $1,998,000 -- $1,137 / 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 $55,311 $4,722,919 $2,781,920 $1,940,999
2024 $55,311 $4,630,314 $2,727,373 $1,902,941
2023 $54,500 $4,539,525 $2,673,896 $1,865,629
2022 $53,877 $4,450,516 $2,621,467 $1,829,049
2021 $52,815 $4,363,252 $2,570,066 $1,793,186
2020 $51,710 $4,318,514 $2,543,714 $1,774,800
2019 $36,145 $2,964,088 $2,493,838 $470,250
2018 $29,719 $2,444,940 $2,444,940 $0
2017 $29,800 $2,448,000 $2,397,000 $51,000
2016 $17,782 $1,441,248 $1,080,938 $360,310
2015 $17,606 $1,419,600 $1,064,702 $354,898
2014 $17,218 $1,391,793 $1,043,846 $347,947
Source: Public Records

Agents Affiliated with this Home

  • Z

    Seller's Agent in 2016

    Zachary Trailer

    Compass

    Section Image
  • Kathleen Pasin

    Buyer's Agent in 2016

    Kathleen Pasin

    Sereno Group

    (650) 450-1912

    2 in this area

    24 Total Sales

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Map

Source: MLSListings

MLS Number: ML81564434

MLSListings

APN: 127-29-012

California Santa Clara County Palo Alto 94303 Midtown Palo Alto

2637 Marshall Dr, Palo Alto, CA

This home is located at 2637 Marshall Dr, Palo Alto, CA 94303 since 09 March 2016 and is currently estimated at $5,281,647, approximately $3,004 per square foot. This property was built in 1946. 2637 Marshall Dr is a home located in Santa Clara County with nearby schools including Palo Verde Elementary School, Jane Lathrop Stanford Middle School, and Palo Alto High School.

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