NOT LISTED FOR SALE

Estimated Value: $2,962,000 - $3,616,000

3 Beds
1 Bath
1,118 Sq Ft
$2,924/Sq Ft Est. Value

Last Sold November 14, 2017

Last sale price $2,305,000 $2,062 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $20,060/month

7 Days on Market

Highlights

  • Eichler Home
  • Bathroom on Main Level
  • Carpet
  • Palo Verde Elementary School Rated A+
  • Baseboard Heating
  • 1-Story Property

About This Home

As of November 2017

Clean canvass for the Eichler home owner to create his own master piece. Located in Palo Alto, just around the corner from Ohlone Elementary offering Mandarin Immersion program. Original kitchen cabinets, original dutch doors and screens, Original Ceilings-have not been painted. Great Palo Alto schools, close to Stanford, downtown and easy access to 101! Come see this mid century beauty! Painted inside and out. (professional pictures coming soon)

Last Agent to Sell the Property

Tessa Parish

RHM Realty License #01158499 Listed on: 10/04/2017

Last Buyer's Agent

Michael Repka

Deleon Realty License #70010006

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,561

Year Built

  • Built in 1951

Lot Details

  • 6,268 Sq Ft Lot
  • Zoning described as R1

Parking

  • 2 Car Garage

Home Design

  • Eichler Home
  • Slab Foundation
  • Bitumen Roof

Interior Spaces

  • 1,118 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Utilities

  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 127-05-055

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,561

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Eichler
  • Age: 66
  • Listing Class: Residential
  • Structure Sq Ft: 1118
  • Incorporated: Yes
  • Year Built: 1951
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room
  • Dining Room: Dining "L"
  • Living Sq Ft: 1118
  • Stories: 1
  • Flooring: Carpet
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Full on Ground Floor
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Bitumen

Garage/Parking

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

Utilities

  • Heating System: Baseboard
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Palo Alto Unified
  • Elementary School: Palo Verde Elementary
  • Middle School: Jane Lathrop Stanford Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 320
  • Middle School: 322

Lot Info

  • Parcel Number: 127-05-055
  • Lot Acres: 0.1439
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6268.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6268.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Palo Verde 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
Mar 8, 2019
Sold by
Yu Zhong Yunfan and Yu Jin
Bought by
Yu Zhong Yunfan and Yu Jin
Current Estimated Value
$3,268,765

Purchase Details

Listed on
Oct 4, 2017
Closed on
Nov 6, 2017
Sold by
Gussin Norman S and Norman S Gussin Revocable Trus
Bought by
Zhong Yunfan and Jin Yu
Seller's Agent
Tessa Parish
RHM Realty
Buyer's Agent
Michael Repka
Deleon Realty
List Price
$1,788,000
Sold Price
$2,305,000
Premium/Discount to List
$517,000
28.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.97%
Original Mortgage
$1,844,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 7, 2011
Sold by
Gussin Norman S
Bought by
Gussin Norman S
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
Yu Zhong Yunfan -- None Available
Zhong Yunfan $2,305,000 Fidelity National Title Co
Gussin Norman S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhong Yunfan $250,000
Open Zhong Yunfan $1,761,000
Closed Zhong Yngan $1,844,000
Closed Zhong Yunfan $1,844,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2017 11/14/17 Sold $2,305,000 +28.9% $2,062 / Sq Ft
10/12/2017 10/12/17 Pending -- -- --
10/04/2017 10/04/17 For Sale $1,788,000 -- $1,599 / 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 $32,561 $2,823,922 $2,508,911 $315,011
2024 $32,561 $2,768,552 $2,459,717 $308,835
2023 $32,085 $2,714,268 $2,411,488 $302,780
2022 $31,721 $2,661,048 $2,364,204 $296,844
2021 $31,095 $2,608,872 $2,317,848 $291,024
2020 $30,433 $2,582,122 $2,294,082 $288,040
2019 $28,656 $2,402,620 $2,249,100 $153,520
2018 $27,185 $2,305,000 $2,205,000 $100,000
2017 $3,206 $267,751 $151,728 $116,023
2016 $3,110 $262,502 $148,753 $113,749
2015 $3,079 $258,560 $146,519 $112,041
2014 $3,669 $253,496 $143,649 $109,847
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81680337

MLSListings

APN: 127-05-055