NOT LISTED FOR SALE

Estimated Value: $3,714,816 - $4,154,000

4 Beds
2 Baths
1,669 Sq Ft
$2,367/Sq Ft Est. Value

Last Sold May 12, 2017

Last sale price $2,650,000 $1,588 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $23,835/month

7 Days on Market

Highlights

  • Wood Flooring
  • Attic
  • Den
  • El Carmelo Elementary School Rated A+
  • Granite Countertops
  • 3-minute walk to Hoover Park

About This Home

As of May 2017

Modern Renovations Showcase Distinguished Luxury. Updated spaces shine in this incredible 4 bedroom, 2 bathroom home of approx. 1,700 sq. ft. (per county) on approx. 6,000 sq. ft. of property (per county). An exquisite second-level addition, new colors, and a remodeled fireplace emit distinguished elegance, while spacious rooms are filled with natural light from extensive windows throughout. This home also enjoys a central location within strolling distance of Hoover Park, nearby dining and shopping at Midtown Shopping Center, and El Carmelo Elementary (API 944). Other excellent schools are also close, including JLS Middle (API 943) and Palo Alto High (API 905) (buyer to verify eligibility).

Last Agent to Sell the Property

Michael Repka

Deleon Realty License #70010006 Listed on: 04/05/2017

Last Buyer's Agent

Greta Liu

Maxreal License #01472595

Maxreal

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,458

Year Built

  • 1954

Lot Details

  • 5,881 Sq Ft Lot
  • Back and Front Yard Fenced
  • Sprinklers on Timer

Home Design

  • Wood Frame Construction
  • Wood Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,669 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Double Pane Windows
  • Combination Dining and Living Room
  • Den
  • Workshop
  • Storage Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Self-Cleaning Oven
  • Range Hood
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Granite Bathroom Countertops
  • Dual Sinks
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • No Garage
  • On-Street Parking

Outdoor Features

  • Balcony
  • Shed

Utilities

  • Forced Air Heating System
  • Space Heater
  • Thermostat

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,458

Year Built

1954

Lot Details

0

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Age: 63
  • Listing Class: Residential
  • Structure Sq Ft: 1669
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1954

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining Area In Living Room, Eat In Kitchen
  • Kitchen: Countertop - Granite, Dishwasher, Garbage Disposal, Hood Over Range, Oven - Self Cleaning, Oven Range - Gas, Pantry Cabinet, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1669
  • Stories: 2
  • Laundry: Dryer, Hookup - Electric, Washer
  • Flooring: Hardwood, Tile, Vinyl / Linoleum
  • Additional Rooms: Attic, Den / Study / Office, Storage, Workshop
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Granite, Shower And Tub, Stall Shower, Tile

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Wood Shakes / Shingles
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced, Sprinklers - Auto, Sprinklers - Lawn, Storage Shed / Structure
  • Fencing: Fenced, Fenced Back, Fenced Front, Gate, Wood
  • Construction Type: Wood Frame

Garage/Parking

  • Parking Spaces: 2
  • Garage Parking Features: No Garage, On Street

Utilities

  • Heating System: Central Forced Air - Gas, Electric, Fireplace, Space Heater
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: Palo Alto Unified
  • Elementary School: El Carmelo Elementary
  • Middle School: Jane Lathrop Stanford Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 312
  • Middle School: 322

Lot Info

  • Lot Acres: 0.1350
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5865.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5865.00

Green Features

  • Energy Features: Double Pane Windows, Thermostat Controller

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2017
Closed on
May 1, 2017
Sold by
Krishnan Krishnan R and Krishnan Geetha
Bought by
Ma Zhiyao and Tong Huisi
Seller's Agent
Michael Repka
Deleon Realty
Buyer's Agent
Greta Liu
Maxreal
List Price
$2,488,000
Sold Price
$2,650,000
Premium/Discount to List
$162,000
6.51%
Current Estimated Value
$3,949,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,299,954
Avg. Annual Appreciation
4.84%
Original Mortgage
$1,855,000
Outstanding Balance
$1,487,799
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,462,155

Purchase Details

Closed on
Jan 24, 2008
Sold by
Krishnan Geetha
Bought by
Krishnan R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$973,750
Interest Rate
5.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 18, 2007
Sold by
Smith Boyd C and Smith Hilary H
Bought by
Krishnan R and Krishnan Geetha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.65%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 22, 2005
Sold by
Kullman Elizabeth
Bought by
Smith Boyd C and Smith Hilary H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$760,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Ma Zhiyao $2,650,000 Chicago Title Company
Krishnan Krishnan R -- Chicago Title Company
Krishnan Krishnan R -- Chicago Title Company
Krishnan R -- Multiple
Krishnan R $1,565,000 Fidelity National Title Co
Smith Boyd C $1,175,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ma Zhiyao $1,855,000
Previous Owner Krishnan R $973,750
Previous Owner Krishnan R $200,000
Previous Owner Krishnan R $1,173,750
Previous Owner Smith Boyd C $760,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2017 05/12/17 Sold $2,650,000 +6.5% $1,588 / Sq Ft
04/13/2017 04/13/17 Pending -- -- --
04/05/2017 04/05/17 For Sale $2,488,000 -- $1,491 / 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 $35,458 $3,075,547 $2,727,374 $348,173
2024 $35,458 $3,015,244 $2,673,897 $341,347
2023 $34,940 $2,956,122 $2,621,468 $334,654
2022 $34,544 $2,898,160 $2,570,067 $328,093
2021 $33,862 $2,841,334 $2,519,674 $321,660
2020 $33,142 $2,812,200 $2,493,838 $318,362
2019 $32,783 $2,757,060 $2,444,940 $312,120
2018 $31,871 $2,703,000 $2,397,000 $306,000
2017 $20,941 $1,770,936 $885,383 $885,553
2016 $20,401 $1,736,213 $868,023 $868,190
2015 $21,031 $1,710,134 $854,985 $855,149
2014 $20,587 $1,676,636 $838,238 $838,398
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81645447

MLSListings

APN: 132-08-047