NOT LISTED FOR SALE

Estimated Value: $3,361,409 - $4,430,000

3 Beds
3 Baths
1,968 Sq Ft
$1,947/Sq Ft Est. Value

Highlights

  • Wood Flooring
  • Breakfast Area or Nook
  • Balcony
  • Addison Elementary School Rated A+
  • Formal Dining Room
  • 2-minute walk to Scott Park

About This Home

As of April 2023

Elegantly restored Victorian home with all the modern amenities~ Featuring designer details and Chef's kitchen with gourmet professional appliances- Subzero Refrigerator, Wolf range with 4 burners and grill and Wolf vent hood. Private patio at master suite with a two person sauna. Beautifully landscaped backyard perfect for entertaining. Stylish and impeccable, this home is in a prime Downtown Palo Alto location~ close to Whole Foods, Heritage Park, Refined Dining, Boutique shopping, Stanford Universtiy, Stanford Shopping Center and Cal Train. The house was moved to the site in 2001/2002 part of the University Plaza Development and rebuilt by Summerhill Homes like a new home with new foundation, plumbing and electrical in 2001-2002 timeframe. Two assigned underground tandem parking spaces at the Weatherly. Available unfurnished(Photos are of furnished home from when it was owner occupied.). Excellent Palo Alto schools.

Last Agent to Rent the Property

Supriya Gavande

Compass License #01856590 Listed on: 04/05/2023

Compass

Last Renter's Agent

Supriya Gavande

Compass License #01856590 Listed on: 04/05/2023

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,433

Year Built

  • 2002

Lot Details

  • 3,106 Sq Ft Lot
  • Back Yard

Parking

  • 2 Car Garage
  • Garage Door Opener
  • On-Street Parking

Interior Spaces

  • 1,968 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Formal Dining Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Additional Features

  • Balcony
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Security Deposit $12,000
  • Property Available on 5/7/23
  • Rent includes gardener
  • 12-Month Minimum Lease Term

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,433

Year Built

2002

Lot Details

0

Parking

2

Rental Info

  • Available: 05/07/2023
  • Lease Terms: Deposit Required
  • Minimum Lease Months: 12
  • Rent Includes: Gardener
  • Security Deposit: 12000

Listing Details

  • Subclass: House For Rent
  • Restrictions: Pets - Dogs Permitted, Pets - Number Restrictions, Pets - Rules
  • Age: 21
  • Listing Class: Residential Lease/Rental
  • Structure Sq Ft: 1968
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2002

Interior Features

  • Family Room: No Family Room
  • Dining Room: Breakfast Nook, Eat In Kitchen, Formal Dining Room
  • Kitchen: Cooktop - Gas, Dishwasher, Microwave, Oven - Gas, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1968
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Hardwood, Tile
  • Additional Rooms: Laundry Room
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 3
  • Total Bedrooms: 3

Exterior Features

  • Yard/Grounds: Back Yard, Balcony / Patio

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Assigned Spaces, Gate / Door Opener, On Street, Underground Parking

Utilities

  • Cooling System: Central Ac
  • Heating System: Forced Air

Condo/Co-op/Association

  • HOA Exist: Yes

Schools

  • School District: Palo Alto Unified
  • Elementary School: Addison Elementary
  • Middle School: Frank S. Greene Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 309
  • Middle School: 329

Lot Info

  • Lot Acres: 0.0713
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3104.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3104.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 10, 2016
Sold by
Bollesen Michael V and Bollesen Alicia D
Bought by
Bollesen Michael and Bollesen Alicia D
Current Estimated Value
$3,830,852

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$892,125
Outstanding Balance
$712,366
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$3,118,486

Purchase Details

Closed on
Feb 8, 2012
Sold by
Kennedy Donald and Kennedy Robin Beth
Bought by
Bollesen Michael and Bollesen Alicia D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2004
Sold by
Curnutte John T and Curnutte Karen D
Bought by
Kennedy Donald and Kennedy Robin Beth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.81%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 11, 2002
Sold by
Summerhill Channing Llc
Bought by
Curnutte John T and Curnutte Karen D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
6.05%
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
Bollesen Michael -- Accommodation
Bollesen Michael $1,549,750 Old Republic Title Company
Kennedy Donald $1,510,000 Fidelity National Title Ins
Curnutte John T $1,150,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bollesen Michael $892,125
Closed Bollesen Michael $550,000
Previous Owner Kennedy Donald $100,000
Previous Owner Kennedy Donald $100,000
Previous Owner Kennedy Donald $1,000,000
Previous Owner Kennedy Donald $1,000,000
Previous Owner Curnutte John T $833,000
Previous Owner Curnutte John T $850,000
Closed Kennedy Donald $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2023 04/19/23 Rented $8,500 0.0% --
04/18/2023 04/18/23 Under Contract -- -- --
04/05/2023 04/05/23 For Rent $8,500 +9.7% --
04/18/2021 04/18/21 Rented $7,750 -3.1% --
03/29/2021 03/29/21 For Rent $8,000 0.0% --
07/30/2018 07/30/18 Rented $8,000 0.0% --
07/16/2018 07/16/18 For Rent $8,000 -- --
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 $23,433 $1,946,878 $1,752,194 $194,684
2024 $23,433 $1,908,705 $1,717,838 $190,867
2023 $23,087 $1,871,280 $1,684,155 $187,125
2022 $22,818 $1,834,589 $1,651,133 $183,456
2021 $22,368 $1,798,617 $1,618,758 $179,859
2020 $21,911 $1,780,175 $1,602,160 $178,015
2019 $21,669 $1,745,271 $1,570,746 $174,525
2018 $21,079 $1,711,051 $1,539,948 $171,103
2017 $20,709 $1,677,502 $1,509,753 $167,749
2016 $20,165 $1,644,610 $1,480,150 $164,460
2015 $19,968 $1,619,907 $1,457,917 $161,990
2014 $19,541 $1,588,176 $1,429,359 $158,817
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81923651

MLSListings

APN: 120-28-103