NOT LISTED FOR SALE

Estimated Value: $3,740,000 - $5,122,000

3 Beds
1 Bath
1,364 Sq Ft
$3,397/Sq Ft Est. Value

Last Sold August 07, 2012

Last sale price $1,330,000 $975 Per Sq Ft

Est. 248% increase in value since last sale

Current estimated payment $27,987/month

11 Days on Market

Highlights

  • Primary Bedroom Suite
  • Wood Flooring
  • Covered Patio or Porch
  • El Carmelo Elementary School Rated A+
  • Neighborhood Views
  • 3-minute walk to Hoover Park

About This Home

As of August 2012

Located in the heart of Midtown Palo Alto, this charming home is quaint as-is and also has amazing potential. Within a short walk is one of Palo Alto’s excellent public elementary schools and beautiful parks. A quick drive takes you to the finest in Peninsula recreation and retail, along with fine dining and the Stanford campus.

Last Agent to Sell the Property

Juliana Lee

Keller Williams Palo Alto License #00851314 Listed on: 07/08/2012

Keller Williams Palo Alto

Last Buyer's Agent

Juliana Lee

Keller Williams Palo Alto License #00851314 Listed on: 07/08/2012

Keller Williams Palo Alto

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,618

Year Built

  • Built in 1946

Lot Details

  • Fenced
  • Front Yard Sprinklers
  • Sprinklers on Timer
  • Zoning described as R1

Parking

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

Home Design

  • Ceiling Insulation
  • Shake Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,364 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Wood Flooring
  • Neighborhood Views

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • 1 Full Bathroom
  • Bathtub with Shower
  • No Tub in Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Wall Furnace
  • Heating System Uses Gas
  • Sewer Within 50 Feet
  • TV Antenna

Additional Features

  • Energy-Efficient Insulation
  • Covered Patio or Porch

Listing and Financial Details

  • Assessor Parcel Number 132-08-065

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,618

Year Built

Built in 1946

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Age: 66
  • Sale Price Per Sq Ft: 975.07
  • Listing Class: Residential
  • Structure Sq Ft: 1364
  • 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: 1946
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Fireplace: Living Room, Wood Burning, Yes
  • Dining Room: Dining Area in Living Room, Breakfast Nook, Dining "L"
  • Kitchen: Dishwasher, Garbage Disposal, Refrigerator, Oven Range, Microwave
  • Living Sq Ft: 1364
  • Stories: 1
  • Bedrooms: Primary Suite / Retreat
  • Laundry: In Laundry Room, Dryer, Washer
  • Flooring: Hardwood
  • Maximum Bathrooms: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Bathrooms: 1
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Shower over Tub - 1, No Tub, No Stall Shower

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Pool - No
  • Roof: Shake
  • View: Local/Neighborhood
  • Yard/Grounds: Patio(s)/Deck(s) - Covered, Sprinkler(s) - Front, Sprinklers - Auto, Fenced
  • Exterior: Stucco

Garage/Parking

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

Utilities

  • Heating System: Wall Furnace, Gas
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Double Pane Windows(s)

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

  • Parcel Number: 132-08-065
  • Lot Location: Corner
  • List Price per Sq Ft: 953.08
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5175.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 5175.00
  • Lot Size Area Min Search: 5175.00
  • Maximum Lot Size: 5175.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Green Features

  • Energy Features: Ceiling Insulation, Walls Insulated, Double Pane Windows

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

Listed on
Jul 8, 2012
Closed on
Jul 31, 2012
Sold by
Tam Steven Tom
Bought by
Lin Xiaofan and Jiao Shujie
Seller's Agent
Juliana Lee
Keller Williams Palo Alto
Buyer's Agent
Juliana Lee
Keller Williams Palo Alto
List Price
$1,300,000
Sold Price
$1,330,000
Premium/Discount to List
$30,000
2.31%
Current Estimated Value
$4,633,154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,303,154
Avg. Annual Appreciation
9.11%
Original Mortgage
$931,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Lin Xiaofan $1,330,000 Cornerstone Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Xiaofan $979,000
Closed Lin Xiaofan $1,000,010
Closed Lin Xiaofan $808,000
Closed Lin Xiafan $828,000
Closed Lin Xiaofan $926,000
Closed Lin Xiaofan $931,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2012 08/07/12 Sold $1,330,000 +2.3% $975 / Sq Ft
07/19/2012 07/19/12 Pending -- -- --
07/08/2012 07/08/12 For Sale $1,300,000 -- $953 / 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 $39,618 $3,359,803 $1,539,279 $1,820,524
2024 $39,618 $3,293,926 $1,509,098 $1,784,828
2023 $39,035 $3,229,340 $1,479,508 $1,749,832
2022 $38,585 $3,166,021 $1,450,499 $1,715,522
2021 $37,824 $3,103,943 $1,422,058 $1,681,885
2020 $37,038 $3,072,117 $1,407,477 $1,664,640
2019 $38,628 $3,180,180 $1,379,880 $1,800,300
2018 $37,558 $3,117,824 $1,352,824 $1,765,000
2017 $18,718 $1,515,699 $1,326,299 $189,400
2016 $17,023 $1,383,512 $691,756 $691,756
2015 $16,854 $1,362,732 $681,366 $681,366
2014 $16,476 $1,336,038 $668,019 $668,019
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81225375

MLSListings

APN: 132-08-065