NOT LISTED FOR SALE

2849 Waverley St Palo Alto, CA 94306

Midtown Palo Alto Neighborhood

Estimated Value: $3,659,000 - $3,852,000

3 Beds
2 Baths
1,535 Sq Ft
$2,458/Sq Ft Est. Value

Last Sold December 24, 2019

Last sale price $2,820,000 $1,837 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $23,143/month

11 Days on Market

Highlights

  • Skyline View
  • Wood Flooring
  • Formal Dining Room
  • El Carmelo Elementary School Rated A+
  • Quartz Countertops
  • 4-minute walk to Hoover Park

About This Home

As of December 2019

Charming and spacious 3 bedroom, 2 bath home located in the desirable Midtown neighborhood of Palo Alto. This beautiful property's features include: Living room with hardwood floors and a fireplace - Separate dining room - Updated eat-in kitchen with quartz counter tops, stainless steel appliances and skylights - Large master bedroom suite with two closets - Two updated bathrooms, including a master with double sinks - Private backyard with a big patio and fruit trees - Inviting front porch - Central air conditioning - Detached two car garage with a long gated driveway - Prime location close to Midtown shopping/dining, Hoover Park, Stanford University and Top Ranked Palo Alto Schools.

Last Agent to Sell the Property

Craig Smith

Intero Real Estate Services License #01210116 Listed on: 11/14/2019

Intero Real Estate Services

Last Buyer's Agent

Julie Lau

Coldwell Banker Realty License #01052924

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,443

Year Built

  • Built in 1948

Lot Details

  • 5,589 Sq Ft Lot
  • Wood Fence
  • Level Lot
  • Sprinkler System
  • Back Yard
  • Zoning described as R1

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Property Views

  • Skyline
  • Neighborhood

Home Design

  • Raised Foundation
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,535 Sq Ft Home
  • 1-Story Property
  • Skylights in Kitchen
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Formal Dining Room

Kitchen

  • Gas Oven
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Dual Sinks
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Washer and Dryer

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 132-09-041

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,443

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Age: 71
  • Listing Class: Residential
  • Structure Sq Ft: 1535
  • Year Built: 1948
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room, Wood Burning
  • Dining Room: Formal Dining Room
  • Kitchen: Countertop - Quartz, Dishwasher, Garbage Disposal, Hookups - Gas, Microwave, Oven Range - Gas, Refrigerator, Skylight
  • Living Sq Ft: 1535
  • Stories: 1
  • Bedrooms: Ground Floor Bedroom, Primary Bedroom on Ground Floor
  • Laundry: Inside, Washer / Dryer
  • Flooring: Laminate, Wood
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Full on Ground Floor, Primary - Stall Shower(s), Shower over Tub - 1, Skylight, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter, Raised
  • Roof: Composition
  • View: Neighborhood
  • Yard/Grounds: Back Yard, Fenced, Sprinklers - Lawn
  • Fencing: Wood
  • Construction Type: Wood

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Detached Garage, Off-Street Parking

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Skylight

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

  • Lot Description: Grade - Level
  • Parcel Number: 132-09-041
  • Lot Acres: 0.1283
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5590.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5590.00

Multi Family

  • Utilities: Public Utilities
  • Second Unit Description: Detached garage

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
Nov 14, 2019
Closed on
Dec 11, 2019
Sold by
Rosen Douglas Glenn and Rosen Kenneth Neal
Bought by
Lam Lawrence and Zhou Fengyuan
Seller's Agent
Craig Smith
Intero Real Estate Services
Buyer's Agent
Julie Lau
Coldwell Banker Realty
List Price
$2,750,000
Sold Price
$2,820,000
Premium/Discount to List
$70,000
2.55%
Current Estimated Value
$3,773,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$953,707
Avg. Annual Appreciation
5.34%
Original Mortgage
$2,000,000
Outstanding Balance
$1,728,157
Interest Rate
2.52%
Mortgage Type
New Conventional
Estimated Equity
$2,071,607
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
Lam Lawrence $2,820,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lam Lawrence $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/24/2019 12/24/19 Sold $2,820,000 +2.5% $1,837 / Sq Ft
11/26/2019 11/26/19 Pending -- -- --
11/14/2019 11/14/19 For Sale $2,750,000 -- $1,792 / 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 $36,443 $3,084,077 $2,936,438 $147,639
2024 $36,443 $3,023,606 $2,878,861 $144,745
2023 $35,907 $2,964,320 $2,822,413 $141,907
2022 $35,492 $2,906,197 $2,767,072 $139,125
2021 $34,792 $2,849,214 $2,712,816 $136,398
2020 $34,152 $2,820,000 $2,685,000 $135,000
2019 $2,700 $217,219 $95,412 $121,807
2018 $2,557 $212,961 $93,542 $119,419
2017 $2,511 $208,786 $91,708 $117,078
2016 $2,432 $204,693 $89,910 $114,783
2015 $2,408 $201,619 $88,560 $113,059
2014 $2,370 $197,671 $86,826 $110,845
Source: Public Records

Agents Affiliated with this Home

  • Craig Smith

    Seller's Agent in 2019

    Craig Smith

    Intero Real Estate Services

    (650) 622-1009

    27 Total Sales

    Craig Smith
    Section Image
  • Julie Lau

    Buyer's Agent in 2019

    Julie Lau

    Coldwell Banker Realty

    (650) 752-0745

    4 in this area

    56 Total Sales

    Julie Lau
    Section Image
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Map

Source: MLSListings

MLS Number: ML81775474

MLSListings

APN: 132-09-041

California Santa Clara County Palo Alto 94306 Midtown Palo Alto

2849 Waverley St, Palo Alto, CA

This home is located at 2849 Waverley St, Palo Alto, CA 94306 since 14 November 2019 and is currently estimated at $3,773,707, approximately $2,458 per square foot. This property was built in 1948. 2849 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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