NOT LISTED FOR SALE

281 Embarcadero Rd Palo Alto, CA 94301

University South Neighborhood

Estimated Value: $6,251,000 - $12,240,703

5 Beds
3.5 Baths
3,594 Sq Ft
$2,630/Sq Ft Est. Value

Last Sold October 31, 2014

Last sale price $4,410,000 $1,227 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $61,916/month

68 Days on Market

Highlights

  • Wine Cellar
  • Maid or Guest Quarters
  • Traditional Architecture
  • Walter Hays Elementary Rated A+
  • Fireplace in Primary Bedroom
  • Wood Flooring

About This Home

As of October 2014

Opportunity knocks!!! Large 18k lot ready for restoration or remodel/rebuild. 1908 historical home built in prestigious Professorville close to everything Palo Alto has to offer. Surrounded by gorgeous $10m+ homes. Unfinished attic with full staircase can add roughly 400 sq ft. This is a very special project for either a developer or end user...EXCELLENT PRICE REDUCTION UNDER VALUE!!!

Last Agent to Sell the Property

Craig Pellegrini

Intero Real Estate Services License #01400656 Listed on: 08/16/2014

Intero Real Estate Services

Last Buyer's Agent

Amy Sung

Compass License #01436684

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $141,518

Year Built

  • Built in 1908

Lot Details

  • Zoning described as R1929

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Fixer Upper
  • Shake Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,594 Sq Ft Home
  • 3-Story Property
  • Wood Burning Fireplace
  • Wine Cellar
  • Separate Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Loft
  • Bonus Room
  • Wood Flooring
  • Partial Basement
  • Breakfast Bar
  • Attic

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Maid or Guest Quarters

Listing and Financial Details

  • Assessor Parcel Number 120-20-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$141,518

Year Built

Built in 1908

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Traditional
  • Property Condition: Fixer Upper
  • Age: 106
  • Sale Price Per Sq Ft: 1227.05
  • Listing Class: Residential
  • Structure Sq Ft: 3594
  • Incorporated: Yes
  • Map Book Page: 791
  • Map Side Coordinate: 5
  • Map Top Coordinate: A
  • Thomas Bros Page: 791
  • Thomas Brothers: A5
  • Year Built: 1908
  • Zoning Description: R1929
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room, Primary Bedroom, Wood Burning, Yes
  • Dining Room: Formal Dining Room, Breakfast Bar
  • Living Sq Ft: 3594
  • Stories: 3
  • Flooring: Hardwood
  • Additional Rooms: Bonus / Hobby Room, Den / Study / Office, Guest Quarters, Loft, Basement - Partial, Attic, Wine Cellar / Storage
  • Maximum Bathrooms: 4
  • Maximum Numberof Bedrooms: 5
  • Minimum Bathrooms: 4
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Pool - No
  • Roof: Shake

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2

Utilities

  • Heating System: Fireplace
  • Sewer/Septic System: Sewer or Septic Inspection Req'd

Schools

  • School District: Palo Alto Unified

Lot Info

  • Parcel Number: 120-20-010
  • Lot Location: Corner
  • List Price per Sq Ft: 1252.06
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 17880.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 17880.00
  • Lot Size Area Min Search: 17880.00
  • Maximum Lot Size: 17880.00
  • Map Book: Thomas Bros

Multi Family

  • Maximum Building Height: 3
  • Minimum Building Height: 3

MLS Schools

  • High School District Text: Palo Alto Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 2021
Sold by
Guo Xuefeng
Bought by
Zhu Guohua
Current Estimated Value
$9,453,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 16, 2014
Closed on
Oct 24, 2014
Sold by
Dacus Bryna
Bought by
Zhu Guohua and Guo Xuefeng
Seller's Agent
Craig Pellegrini
Intero Real Estate Services
Buyer's Agent
Amy Sung
Compass
List Price
$5,999,888
Sold Price
$4,410,000
Premium/Discount to List
-$1,589,888
-26.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.68%

Purchase Details

Closed on
Jul 13, 2012
Sold by
Reelfs Leane
Bought by
Dacus Bryna

Purchase Details

Closed on
Jul 5, 2012
Sold by
Dacus Bryna
Bought by
Reelfs Leane

Purchase Details

Closed on
Jan 10, 2005
Sold by
Battjes Henry J
Bought by
Battjes Henry J

Purchase Details

Closed on
Mar 26, 1996
Sold by
Battjes Henry J
Bought by
Battjes Henry John

Purchase Details

Closed on
Oct 18, 1995
Sold by
Battjes Henry J
Bought by
Battjes Henry J
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
Zhu Guohua -- Cornerstone Title Company
Zhu Guohua $4,410,000 Chicago Title Company
Dacus Bryna -- None Available
Reelfs Leane -- None Available
Battjes Henry J -- --
Battjes Henry John -- --
Battjes Henry J -- First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhu Guohua $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2014 10/31/14 Sold $4,410,000 -2.0% $1,227 / Sq Ft
10/23/2014 10/23/14 Pending -- -- --
10/17/2014 10/17/14 Price Changed $4,499,888 -15.1% $1,252 / Sq Ft
10/08/2014 10/08/14 Price Changed $5,299,888 -3.6% $1,475 / Sq Ft
09/02/2014 09/02/14 Price Changed $5,499,888 -8.3% $1,530 / Sq Ft
08/16/2014 08/16/14 For Sale $5,999,888 -- $1,669 / 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 $141,518 $12,210,752 $5,291,743 $6,919,009
2024 $141,518 $11,971,327 $5,187,984 $6,783,343
2023 $168,430 $14,191,496 $6,964,828 $7,226,668
2022 $166,610 $13,913,232 $6,828,263 $7,084,969
2021 $148,582 $12,401,018 $4,888,754 $7,512,264
2020 $68,435 $5,732,289 $4,838,626 $893,663
2019 $65,830 $5,463,387 $4,743,751 $719,636
2018 $63,913 $5,349,415 $4,650,737 $698,678
2017 $54,799 $4,566,795 $4,559,547 $7,248
2016 $53,370 $4,477,251 $4,470,145 $7,106
2015 $52,860 $4,410,000 $4,403,000 $7,000
2014 $34,504 $2,852,893 $2,752,439 $100,454
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2014

    Craig Pellegrini

    Intero Real Estate Services

    Section Image

  • A

    Buyer's Agent in 2014

    Amy Sung

    Compass

    Section Image
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Map

Source: MLSListings

MLS Number: ML81429977

MLSListings

APN: 120-20-010

California Santa Clara County Palo Alto 94301 University South

281 Embarcadero Rd, Palo Alto, CA

This home is located at 281 Embarcadero Rd, Palo Alto, CA 94301 since 16 August 2014 and is currently estimated at $9,453,901, approximately $2,630 per square foot. This property was built in 1908. 281 Embarcadero Rd is a home located in Santa Clara County with nearby schools including Walter Hays Elementary, Frank S. Greene Jr. Middle, and Palo Alto High School.

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