NOT LISTED FOR SALE

2777 Kipling St Palo Alto, CA 94306

Midtown Palo Alto Neighborhood

Estimated Value: $4,092,000 - $4,539,000

4 Beds
3 Baths
2,240 Sq Ft
$1,896/Sq Ft Est. Value

Highlights

  • Wood Flooring
  • Wine Refrigerator
  • Balcony
  • El Carmelo Elementary School Rated A+
  • Breakfast Area or Nook
  • 3-minute walk to Hoover Park

About This Home

As of April 2024

Discover contemporary elegance in Palo Alto's prestigious Midtown neighborhood. This custom built luxury home, a first-time rental, offers a tranquil setting on a beautiful tree-lined street that is walking distance from Hoover Park, Midtown businesses and stores, casual dining, as well as easy bike rides to California Ave and Downtown Palo Alto. Experience refined comfort in the formal living room, which boasts a cozy fireplace, setting the tone for tranquil evenings. Accommodation includes four generously proportioned bedrooms, with one conveniently located on the ground floor. The heart of the home is the light filled open-concept kitchen, dining, and family room, where sliding glass doors seamlessly connect indoor luxury with outdoor serenity. The converted garage serves as a flexible space for an office, gym, or studio. This residence is more than a home; it's a lifestyle choice for those seeking distinction and comfort in one of Palo Alto's most desirable enclaves.

Last Agent to Rent the Property

David Lucas

Christie's International Real Estate Sereno License #02114304 Listed on: 04/10/2024

Christie's International Real Estate Sereno

Last Renter's Agent

David Lucas

Christie's International Real Estate Sereno License #02114304 Listed on: 04/10/2024

Christie's International Real Estate Sereno

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,630

Year Built

  • 2014

Lot Details

  • 5,663 Sq Ft Lot
  • Back Yard

Parking

  • 1 Car Attached Garage
  • On-Street Parking

Interior Spaces

  • 2,240 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Dining Area
  • Wood Flooring
  • Washer and Dryer

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Balcony
  • Forced Air Zoned Cooling and Heating System

Listing and Financial Details

  • Security Deposit $11,000
  • Property Available on 4/10/24
  • Rent includes gardener
  • 12-Month Minimum Lease Term

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,630

Year Built

2014

Lot Details

0

Parking

1

Rental Info

  • Available: 04/10/2024
  • Lease Terms: Credit Report Required, Deposit Required, Option To Renew
  • Minimum Lease Months: 12
  • Rent Includes: Gardener
  • Security Deposit: 11000

Listing Details

  • Subclass: House For Rent
  • Age: 10
  • Listing Class: Residential Lease/Rental
  • Structure Sq Ft: 2240
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2014

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Burning
  • Dining Room: Breakfast Nook, Dining Area
  • Kitchen: Dishwasher, Island, Microwave, Refrigerator, Wine Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 2240
  • Stories: 2
  • Laundry: Washer / Dryer
  • Flooring: Hardwood
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bedrooms: 4

Exterior Features

  • Yard/Grounds: Back Yard, Balcony / Patio

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage, On Street

Utilities

  • Cooling System: Central Ac, Multi-Zone
  • Heating System: Central Forced Air

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: 0.1300
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5663.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5663.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 22, 2015
Sold by
Jain Parag and Jha Neha
Bought by
Jain Jha Family Trust and Jha Neha
Current Estimated Value
$4,246,366

Purchase Details

Closed on
Apr 1, 2013
Sold by
Herrick Mark H
Bought by
Jain Parag and Jha Neha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,344,800
Outstanding Balance
$949,246
Interest Rate
3.47%
Mortgage Type
New Conventional
Estimated Equity
$3,297,120

Purchase Details

Closed on
Mar 13, 1996
Sold by
Herrick Marion and Mader Helen L
Bought by
Herrick Marion
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
Jain Jha Family Trust -- None Available
Jain Parag $1,680,750 Old Republic Title Company
Herrick Marion -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jain Parag $1,344,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2024 04/14/24 Rented $11,000 0.0% --
04/10/2024 04/10/24 For Rent $11,000 -- --
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 $35,630 $3,013,475 $2,070,025 $943,450
2024 $35,630 $2,954,388 $2,029,437 $924,951
2023 $35,106 $2,896,460 $1,989,645 $906,815
2022 $34,700 $2,839,668 $1,950,633 $889,035
2021 $34,016 $2,783,989 $1,912,386 $871,603
2020 $33,310 $2,755,443 $1,892,777 $862,666
2019 $32,942 $2,701,415 $1,855,664 $845,751
2018 $32,033 $2,648,447 $1,819,279 $829,168
2017 $31,470 $2,596,517 $1,783,607 $812,910
2016 $30,645 $2,545,606 $1,748,635 $796,971
2015 $30,348 $2,507,369 $1,722,369 $785,000
2014 -- $1,688,631 $1,688,631 $0
Source: Public Records

Agents Affiliated with this Home

  • David Lucas

    Landlord's Agent in 2024

    David Lucas

    Sereno Group

    (650) 399-0121

    1 in this area

    21 Total Sales

    David Lucas
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Map

Source: MLSListings

MLS Number: ML81960808

MLSListings

APN: 132-08-043

California Santa Clara County Palo Alto 94306 Midtown Palo Alto

2777 Kipling St, Palo Alto, CA

This home is located at 2777 Kipling St, Palo Alto, CA 94306 since 10 April 2024 and is currently priced at $4,246,366. This property was built in 2014. 2777 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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