NOT LISTED FOR SALE

2715 Ramona St Palo Alto, CA 94306

Midtown Palo Alto Neighborhood

Estimated Value: $4,034,000 - $5,242,000

3 Beds
2.5 Baths
1,939 Sq Ft
$2,417/Sq Ft Est. Value

Last Sold December 10, 2015

Last sale price $3,000,000 $1,547 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $28,332/month

Highlights

  • Wood Flooring
  • Balcony
  • In-Law or Guest Suite
  • El Carmelo Elementary School Rated A+
  • 2 Car Detached Garage
  • Breakfast Bar

About This Home

As of December 2015

Incredible Location in Midtown!!! Move-in to this beautifully renovated 3 bedroom, 2.5 bathroom home boasting 1,939 +/- square feet of living space, remodel, or build your dream home on this prime 8,070 +/- square foot lot. Enjoy the tranquil setting set behind a rose-covered picket fence surrounded by colorful gardens. Expansive, gourmet chef’s kitchen, remodeled bathrooms, and romantic master suite filled with natural light which opens up to an inviting rear garden. Spacious formal living room with a wood-burning fireplace. Family room off the kitchen with gorgeous hardwood floors and sliding-glass doors leading to the outdoors. The detached two-car garage houses a studio with a full bathroom. Other features include inside laundry, recessed lighting, and crown molding. Convenient to Excellent Palo Alto Schools: El Carmelo Elementary, JLS Middle, and Palo Alto High School.

Last Agent to Sell the Property

Jim & Jimmy Nappo

Compass License #70000193 Listed on: 12/02/2015

Last Buyer's Agent

Kim Connor

Intero Real Estate Services License #01735816

Intero Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $44,188

Year Built

  • Built in 1947

Lot Details

  • 8,059 Sq Ft Lot
  • Wood Fence
  • Level Lot
  • Zoning described as R1

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Shake Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,939 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Family or Dining Combination
  • Security Lights

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Gas Cooktop
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • In-Law or Guest Suite

Additional Features

  • Balcony
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 132-18-025

Home Details

Home Type

Single Family

Est. Annual Taxes

$44,188

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Listing Class: Residential
  • Structure Sq Ft: 1939
  • Year Built: 1947
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Wood Burning
  • Dining Room: Breakfast Bar, Dining Area in Family Room, No Formal Dining Room
  • Kitchen: Cooktop - Electric, Cooktop - Gas, Dishwasher, Oven - Built-In, Refrigerator
  • Living Sq Ft: 1939
  • Stories: 1
  • Security: Security Lights
  • Laundry: Hookup - Electric
  • Flooring: Carpet, Hardwood, Tile
  • Additional Rooms: In-Law Unit
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Shake
  • Yard/Grounds: Balcony / Patio
  • Fencing: Wood
  • Construction Type: Wood

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Detached Garage, Gate / Door Opener, Off-Street Parking

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer Connected

Schools

  • High School: 327

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 132-18-025
  • Lot Acres: 0.1850
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8070.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8070.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: El Carmelo Elementary
  • High School Text: Palo Alto High
  • Middle School Text: Jane Lathrop Stanford Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2015
Closed on
Dec 7, 2015
Sold by
Lavelle John P and Lavelle Ursula M
Bought by
The Nelson Alberto Koen Cohen & Sally Ru and Dekoen Sally Ruben
Seller's Agent
Jim & Jimmy Nappo
Compass
Buyer's Agent
Kim Connor
Intero Real Estate Services
List Price
$2,300,000
Sold Price
$3,000,000
Premium/Discount to List
$700,000
30.43%
Current Estimated Value
$4,686,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,686,146
Avg. Annual Appreciation
4.61%

Purchase Details

Closed on
Aug 3, 2010
Sold by
Tomasevich Neda A and Tomasevich Lasta
Bought by
Tomasevich Neda A and Tomasevich Lasta

Purchase Details

Closed on
Jul 22, 2009
Sold by
Hei Joseph Li Shing and Chiang Vivian Wei Yue
Bought by
Lavelle John P and Lavelle Ursula M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$679,200
Interest Rate
5.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 16, 2008
Sold by
Colgin William F and Colgin Allison B Hubbard
Bought by
Hei Joseph Li Shing and Chiang Vivian Wei Yue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 30, 1998
Sold by
Cox Randall Westbrook and Cox Anthony Severin
Bought by
Colgin William F and Colgin Allison B Hubbard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,400
Interest Rate
6.88%

Purchase Details

Closed on
Apr 14, 1998
Sold by
Cox Richard S and Westbrook Randall
Bought by
Cox Randall Westbrook and Cox Anthony Severin
Source: Public Records

Range of Values:

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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
The Nelson Alberto Koen Cohen & Sally Ru $3,000,000 Old Republic Title Company
Tomasevich Neda A -- None Available
Lavelle John P -- None Available
Hei Joseph Li Shing -- Old Republic Title Company
Colgin William F $700,500 First American Title Guarant
Cox Randall Westbrook -- Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lavelle John P $679,200
Previous Owner Hei Joseph Li Shing $1,800,000
Previous Owner Colgin William F $560,400
Closed Colgin William F $70,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/10/2015 12/10/15 Sold $3,000,000 +30.4% $1,547 / Sq Ft
12/03/2015 12/03/15 Pending -- -- --
12/02/2015 12/02/15 For Sale $2,300,000 -- $1,186 / 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 $44,188 $3,756,808 $3,214,006 $542,802
2024 $44,188 $3,683,146 $3,150,987 $532,159
2023 $43,539 $3,610,928 $3,089,203 $521,725
2022 $43,039 $3,540,127 $3,028,631 $511,496
2021 $42,190 $3,470,714 $2,969,247 $501,467
2020 $41,311 $3,435,128 $2,938,802 $496,326
2019 $40,857 $3,367,774 $2,881,179 $486,595
2018 $39,724 $3,301,740 $2,824,686 $477,054
2017 $39,026 $3,237,000 $2,769,300 $467,700
2016 $35,988 $3,000,000 $2,715,000 $285,000
2015 $20,895 $1,705,557 $1,235,134 $470,423
2014 $20,452 $1,672,149 $1,210,940 $461,209
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    Jim & Jimmy Nappo

    Compass

  • K

    Buyer's Agent in 2015

    Kim Connor

    Intero Real Estate Services

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Map

Source: MLSListings

MLS Number: ML81533982

MLSListings

APN: 132-18-025

California Santa Clara County Palo Alto 94306 Midtown Palo Alto

2715 Ramona St, Palo Alto, CA

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