$2,300,000
SOLD MAR 17, 2016
3 Beds
2 Baths
1,529 Sq Ft
8,059 Sq Ft Lot

Recently Sold

$1,504 Per Sq Ft

8 Days on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating System
  • Wood Burning Fireplace
  • El Carmelo Elementary School Rated A+
  • Level Lot
  • 1-Story Property

About This Home

As of November 2020

This special opportunity awaits your special vision for the future to build your dream home. the level lot is located in desirable Midtown at the corner of El Dorado Avenue and Bryant Street, which is known as Palo Altos' bicycle boulevard. This lot's excellent location is convenient to a host of amenities, including shops and restaurants less than a mile away, Stanford University, outstanding Palo Alto public schools, plus many local tech centers. Value is in the land, house not being shown. Maximum floor area per City of Palo Alto is 3171 SF (buyer to confirm)

Last Agent to Sell the Property

Pam Blackman

Intero Real Estate Services License #00584333 Listed on: 02/24/2016

Intero Real Estate Services

Last Buyer's Agent

Amy Zhang

Baywin Realty and Financial Services License #01338704

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $70,100

Year Built

  • Built in 1950

Lot Details

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

Parking

  • 2 Car Detached Garage

Interior Spaces

  • 1,529 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 132-19-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$70,100

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 66
  • Listing Class: Residential
  • Structure Sq Ft: 1529
  • Year Built: 1950
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Living Sq Ft: 1529
  • Stories: 1
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Crawl Space
  • Roof: Concrete

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Detached Garage

Utilities

  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Schools

  • School District: Palo Alto Unified

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 132-19-001
  • Lot Acres: 0.1850
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8041.18
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8041.18

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2020
Closed on
Nov 23, 2020
Sold by
2808 Bryant Llc
Bought by
Sit Ahfung Steven and Chan Amy Mei
Seller's Agent
Amy Zhang
Baywin Realty and Financial Services
Buyer's Agent
Jack Liu
Star Realty
List Price
$6,680,000
Sold Price
$5,550,000
Premium/Discount to List
-$1,130,000
-16.92%
Current Estimated Value
$7,023,604

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,473,604
Avg. Annual Appreciation
5.12%
Original Mortgage
$2,000,000
Outstanding Balance
$1,799,900
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$5,223,704

Purchase Details

Closed on
Jul 24, 2017
Sold by
Zhang Li and Guo Bing
Bought by
2808 Bryant Llc

Purchase Details

Listed on
Feb 24, 2016
Closed on
Mar 7, 2016
Sold by
Bergrun Norman R
Bought by
Zhang Li and Guo Bing
Seller's Agent
Pam Blackman
Intero Real Estate Services
Buyer's Agent
Amy Zhang
Baywin Realty and Financial Services
List Price
$2,298,000
Sold Price
$2,300,000
Premium/Discount to List
$2,000
0.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.60%

Purchase Details

Closed on
Nov 9, 2001
Sold by
Bergrun Norman R and Bergrun Claire M
Bought by
Bergrun Norman R and Bergrun Claire M
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 Type Sale Price Title Company
Grant Deed $5,550,000 Chicago Title Company
Grant Deed -- None Available
Grant Deed $2,300,000 Chicago Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,000,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2020 11/24/20 Sold $5,550,000 -16.9% $1,097 / Sq Ft
10/23/2020 10/23/20 Pending -- -- --
07/23/2020 07/23/20 For Sale $6,680,000 +190.4% $1,321 / Sq Ft
03/17/2016 03/17/16 Sold $2,300,000 +0.1% $1,504 / Sq Ft
03/04/2016 03/04/16 Pending -- -- --
02/24/2016 02/24/16 For Sale $2,298,000 -- $1,503 / 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 $70,100 $6,007,496 $3,057,870 $2,949,626
2024 $70,100 $5,889,703 $2,997,912 $2,891,791
2023 $69,074 $5,774,220 $2,939,130 $2,835,090
2022 $68,287 $5,661,000 $2,881,500 $2,779,500
2021 $66,943 $5,550,000 $2,825,000 $2,725,000
2020 $44,918 $3,734,593 $2,489,593 $1,245,000
2019 $42,697 $3,515,778 $2,440,778 $1,075,000
2018 $31,867 $2,627,420 $2,392,920 $234,500
2017 $28,596 $2,346,000 $2,346,000 $0
2016 $2,049 $99,101 $35,692 $63,409
2015 $2,022 $97,613 $35,156 $62,457
2014 $1,884 $95,702 $34,468 $61,234
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81562206

MLSListings

APN: 132-19-001