NOT LISTED FOR SALE

2844 Waverley St Palo Alto, CA 94306

Midtown Palo Alto Neighborhood

Estimated Value: $5,569,000 - $6,527,000

5 Beds
4 Baths
2,740 Sq Ft
$2,204/Sq Ft Est. Value

Last Sold March 24, 2023

Last sale price $6,000,000 $2,190 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $38,171/month

Highlights

  • New Construction
  • Solar Power System
  • Open to Family Room
  • El Carmelo Elementary School Rated A+
  • Formal Dining Room
  • 4-minute walk to Hoover Park

About This Home

As of March 2023

This is a chic and luxurious, modern, new construction home with an attached ADU located in the desirable neighborhood of Midtown, Palo Alto. This newly constructed, two-story Palo Alto home boasts a total of 3,435 sqft of living space, and comes with 4 bedrooms, 3 baths, a laundry room, and an attached 2 car garage in the main property (2,740 sqft), and 1 bedroom + 1 bathroom in the attached ADU (695 sqft). This home boasts 14.5 ft ceilings in the living room coupled with 2 separate skylights, 12.5 ft ceilings in the kitchen, and ample natural light. This luxury home sits on an ample-sized lot of 8,070 which provides a great deal of privacy and space, and is perfect for anyone hoping to plant their feet in this highly-coveted neighborhood in one of the most desirable communities in the Bay Area.

Last Agent to Sell the Property

Aladdin Kanawati

Compass License #02119121 Listed on: 03/24/2023

Compass

Last Buyer's Agent

Yoga Yang

Intero Real Estate Services License #01972308

Intero Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $71,917

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 8,072 Sq Ft Lot
  • Zoning described as R1

Parking

  • 2 Car Attached Garage

Home Design

  • Wood Frame Construction
  • Ceiling Insulation
  • Floor Insulation
  • Tile Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 2,740 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Living Room with Fireplace
  • Formal Dining Room

Kitchen

  • Open to Family Room
  • ENERGY STAR Qualified Appliances

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms
  • Low Flow Shower

Basement

  • Sealed Crawl Space
  • Crawl Space

Eco-Friendly Details

  • Energy-Efficient Insulation
  • ENERGY STAR/CFL/LED Lights
  • Solar Power System
  • Solar owned by seller
  • Solar Heating System

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Thermostat

Listing and Financial Details

  • Assessor Parcel Number 132-14-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$71,917

Year Built

Built in 2023 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Property Condition: Built / Remodeled Green
  • Listing Class: Residential
  • Structure Sq Ft: 2740
  • Construction: Completed-Never Occupied
  • Year Built: 2023
  • Zoning Description: R1
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Living Room
  • Dining Room: Formal Dining Room
  • Living Sq Ft: 2740
  • Stories: 1
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter, Sealed Crawlspace
  • Roof: Tile
  • Construction Type: Stucco, Wood Frame

Garage/Parking

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

Utilities

  • Cooling System: Central AC, Multi-Zone
  • Heating System: Central Forced Air, Electric, Heat Pump, Heating - 2+ Zones, Solar
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Palo Alto Unified

Lot Info

  • Parcel Number: 132-14-004
  • Lot Acres: 0.1853
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8070.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8070.00

Green Features

  • Energy Features: Ceiling Insulation, Double Pane Windows, Energy Star Appliances, Energy Star Lighting, Insulation - Floor, Low Flow Shower, Sealed Crawlspace, Solar Power, Solar Power On Grid, Thermostat Controller, Walls Insulated

Multi Family

  • Utilities: Public Utilities, Solar Panels - Owned

MLS Schools

  • High School District Text: Palo Alto Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2023
Closed on
Mar 22, 2023
Sold by
Ruby Roze Llc
Bought by
Bp Trust
Seller's Agent
Aladdin Kanawati
Compass
Buyer's Agent
Yoga Yang
Intero Real Estate Services
Sold Price
$6,000,000
Current Estimated Value
$6,039,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,592
Avg. Annual Appreciation
0.27%

Purchase Details

Closed on
Apr 30, 2021
Sold by
Hassoun Joseph H and Alhariri Mayssoun
Bought by
Hassoun Joseph and Alhariri Mayssoun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.1%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Nov 24, 2020
Closed on
Dec 4, 2020
Sold by
Walter Eugene Wallis And Helen Wallis Re and Wallis Arlie Daniel
Bought by
Joseph Hassoun And Mayssoun Alhariri Living T and Hassoun
Seller's Agent
Elizabeth Elliot Maulick
Compass
List Price
$2,998,000
Sold Price
$3,040,000
Premium/Discount to List
$42,000
1.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.51%

Purchase Details

Listed on
Nov 24, 2020
Closed on
Nov 19, 2020
Sold by
Wallis Walter Eugene
Bought by
Walter Eugene Wallis And Helen Wallis Re and Wallis
Seller's Agent
Elizabeth Elliot Maulick
Compass
List Price
$2,998,000
Sold Price
$3,040,000
Premium/Discount to List
$42,000
1.4%

Purchase Details

Closed on
Oct 6, 2017
Sold by
Wallis Walter E and Wallis Helen
Bought by
Wallis Walter Eugene and Wallis Helen
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
Bp Trust $6,000,000 Lawyers Title Company
Hassoun Joseph -- Fidelity National Title Co
Hassoun Joseph H -- Fidelity National Title Co
Joseph Hassoun And Mayssoun Alhariri Living T $3,040,000 Lawyers Title
Walter Eugene Wallis And Helen Wallis Re -- --
Wallis Walter Eugene -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hassoun Joseph $500,000
Previous Owner Hassoun Joseph H $1,000,000
Previous Owner Wallis Walter E $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2023 03/30/23 Pending -- -- --
03/24/2023 03/24/23 Sold $6,000,000 +97.4% $2,190 / Sq Ft
12/10/2020 12/10/20 Sold $3,040,000 +1.4% $2,217 / Sq Ft
12/03/2020 12/03/20 Pending -- -- --
11/24/2020 11/24/20 For Sale $2,998,000 -- $2,187 / 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 $71,917 $6,242,400 $4,577,760 $1,664,640
2024 $71,917 $6,120,000 $4,488,000 $1,632,000
2023 $51,315 $4,336,412 $3,152,412 $1,184,000
2022 $37,715 $3,090,600 $3,090,600 $0
2021 $36,310 $3,040,000 $3,030,000 $10,000
2020 $1,144 $93,957 $38,632 $55,325
2019 $1,131 $92,116 $37,875 $54,241
2018 $1,113 $90,311 $37,133 $53,178
2017 $1,092 $88,541 $36,405 $52,136
2016 $1,050 $86,806 $35,692 $51,114
2015 $1,039 $85,503 $35,156 $50,347
2014 $1,023 $83,829 $34,468 $49,361
Source: Public Records

Agents Affiliated with this Home

  • Aladdin Kanawati

    Seller's Agent in 2023

    Aladdin Kanawati

    Compass

    (650) 850-9039

    1 in this area

    19 Total Sales

    Aladdin Kanawati
    Section Image

  • Y

    Buyer's Agent in 2023

    Yoga Yang

    Intero Real Estate Services

    Section Image
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Map

Source: MLSListings

MLS Number: ML81923132

MLSListings

APN: 132-14-004

California Santa Clara County Palo Alto 94306 Midtown Palo Alto

2844 Waverley St, Palo Alto, CA

This home is located at 2844 Waverley St, Palo Alto, CA 94306 since 24 March 2023 and is currently estimated at $6,039,592, approximately $2,204 per square foot. This property was built in 2023. 2844 Waverley 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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