NOT LISTED FOR SALE

2740 Kipling St Palo Alto, CA 94306

Midtown Palo Alto Neighborhood

Estimated Value: $2,778,000 - $3,527,000

3 Beds
2 Baths
1,358 Sq Ft
$2,380/Sq Ft Est. Value

Last Sold June 18, 2013

Last sale price $1,810,000 $1,333 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $20,061/month

9 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Bay Window
  • El Carmelo Elementary School Rated A+
  • 1 Car Detached Garage
  • 3-minute walk to Hoover Park

About This Home

As of June 2013

Located on a beautiful, tree-lined street in Midtown, this ready to move in home offers highly regarded Palo Alto schools. Whether remodeling and expanding or building new, this property represents a great value!

Last Agent to Sell the Property

Steve Tenbroeck

Compass License #01044091 Listed on: 05/14/2013

Last Buyer's Agent

Avi Urban

Keller Williams Palo Alto License #01485729

Keller Williams Palo Alto

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,597

Year Built

  • Built in 1948

Lot Details

  • Level Lot
  • Zoning described as R1

Parking

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

Home Design

  • Slab Foundation
  • Shingle Roof
  • Wood Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,358 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Bay Window

Kitchen

  • Breakfast Bar
  • Built-In Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Zoned Heating
  • Baseboard Heating
  • Heating System Uses Gas
  • Thermostat
  • 220 Volts
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 132-08-060

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,597

Year Built

Built in 1948

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Cottage/Bungalow
  • Age: 65
  • Sale Price Per Sq Ft: 1332.84
  • Listing Class: Residential
  • Structure Sq Ft: 1358
  • Barclay Horizontal: 11
  • Barclays Page: 12
  • Incorporated: Yes
  • Map Book Page: 791
  • Map Book Page Secondary: 12
  • Map Side Coordinate: 7
  • Map Side Coordinate Secondary: 82
  • Map Top Coordinate: C
  • Map Top Coordinate Secondary: 11
  • Thomas Bros Page: 791
  • Thomas Brothers: C7
  • Year Built: 1948
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Dining Room: Dining "L", Breakfast Bar
  • Kitchen: Dishwasher, Cooktop, Garbage Disposal, Refrigerator, Microwave, Oven - Self Cleaning, Oven - Built-In, 220 Volt Outlet, Hookups - Gas
  • Living Sq Ft: 1358
  • Stories: 1
  • Laundry: In Laundry Room, Dryer, Washer, Gas Hookup, 220 Volt Outlet
  • Flooring: Tile, Laminate, Carpet - Wall to Wall, Hardwood, Vinyl / Linoleum
  • Additional Rooms: Storage
  • Maximum Bathrooms: 2
  • Maximum Numberof Bedrooms: 3
  • Minimum Bathrooms: 2
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Concrete Perimeter, Concrete Slab
  • Pool Description: Pool - No
  • Roof: Shingle, Wood Shakes / Shingles, Composition
  • View: Local/Neighborhood
  • Yard/Grounds: Patio(s), Sprinkler(s) - Front, Deck
  • Exterior: Wood

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Detached Garage, Gate / Door Opener, Off-Street Parking

Utilities

  • Heating System: Baseboard, Heating - 2+ Zones, Electric, Gas
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Double Pane Windows(s), Bay Window

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 Description: Grade - Level
  • Parcel Number: 132-08-060
  • List Price per Sq Ft: 1103.09
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5750.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 5750.00
  • Lot Size Area Min Search: 5750.00
  • Maximum Lot Size: 5750.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Green Features

  • Energy Features: Double Pane Windows, Thermostat Controller

Multi Family

  • Maximum Building Height: 1
  • Minimum Building Height: 1

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

Closed on
Sep 6, 2013
Sold by
Kuei Jimmy and Kuei Kimiko I
Bought by
Kuei Jimmy C and Kuei Kimiko Inoue
Current Estimated Value
$3,259,153

Purchase Details

Listed on
May 14, 2013
Closed on
Jun 11, 2013
Sold by
Hurd Barbara
Bought by
Kuei Jimmy and Kuei Kimiko I
Seller's Agent
Steve Tenbroeck
Compass
Buyer's Agent
Avi Urban
Keller Williams Palo Alto
List Price
$1,498,000
Sold Price
$1,810,000
Premium/Discount to List
$312,000
20.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.88%
Original Mortgage
$1,357,500
Interest Rate
3.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 2011
Sold by
Jorgensen Jorn B
Bought by
Jorgensen Jorn B
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
Kuei Jimmy C -- None Available
Kuei Jimmy $1,809,750 Chicago Title Company
Jorgensen Jorn B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kuei Jimmy C $1,001,000
Closed Kuei Jimmy C $1,148,000
Closed Kuei Jimmy $1,357,500
Previous Owner Jorgensen Jorn B $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2013 06/18/13 Sold $1,810,000 +20.8% $1,333 / Sq Ft
05/23/2013 05/23/13 Pending -- -- --
05/14/2013 05/14/13 For Sale $1,498,000 -- $1,103 / 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 $26,597 $2,228,870 $1,114,435 $1,114,435
2024 $26,597 $2,185,168 $1,092,584 $1,092,584
2023 $26,204 $2,142,322 $1,071,161 $1,071,161
2022 $25,898 $2,100,316 $1,050,158 $1,050,158
2021 $25,387 $2,059,134 $1,029,567 $1,029,567
2020 $24,865 $2,038,022 $1,019,011 $1,019,011
2019 $24,588 $1,998,062 $999,031 $999,031
2018 $23,915 $1,958,886 $979,443 $979,443
2017 $23,494 $1,920,478 $960,239 $960,239
2016 $22,876 $1,882,822 $941,411 $941,411
2015 $22,652 $1,854,542 $927,271 $927,271
2014 $22,180 $1,818,216 $909,108 $909,108
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2013

    Steve Tenbroeck

    Compass

  • Avi Urban

    Buyer's Agent in 2013

    Avi Urban

    Keller Williams Palo Alto

    (650) 305-1111

    2 in this area

    33 Total Sales

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Map

Source: MLSListings

MLS Number: ML81316459

MLSListings

APN: 132-08-060

California Santa Clara County Palo Alto 94306 Midtown Palo Alto

2740 Kipling St, Palo Alto, CA

This home is located at 2740 Kipling St, Palo Alto, CA 94306 since 14 May 2013 and is currently estimated at $3,231,554, approximately $2,379 per square foot. This property was built in 1948. 2740 Kipling St is a home located in Santa Clara County with nearby schools including El Carmelo Elementary School, Jane Lathrop Stanford Middle School, and Palo Alto High School.

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