NOT LISTED FOR SALE

Estimated Value: $3,637,000 - $5,837,000

3 Beds
1 Bath
1,349 Sq Ft
$3,667/Sq Ft Est. Value

Last Sold February 19, 2017

Last sale price $2,317,000 $1,718 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $30,843/month

3 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Attached Garage
  • Dining Room
  • El Carmelo Elementary School Rated A+
  • Eat-In Kitchen
  • 5-minute walk to Hoover Park

About This Home

As of February 2017

Excellent opportunity for buyers or investors to build a dream home in prime Midtown location in one of the most desirable Silicon Valley neighborhoods. Highly rated schools - El Carmelo Elementary, Jane Lathrop Stanford Middle School, Palo Alto. This outstanding property is ideally located on one of Midtown's finest streets - central yet quiet, within minutes of Stanford University and renowned tech companies, as well as nearby, parks, restaurants, shopping, and easy access to public transportation. Endless possibilities for this level lot situated among other beautiful homes and new construction. Just imagine the possibilities!! Buyer to verify school enrollment and availability. Buyer to verify development options wth the city. Property to be sold "as is"

Last Agent to Sell the Property

Janay Michaud

Heritage Realty License #01159101 Listed on: 01/25/2017

Co-Listed By

Jonathon Michaud

Heritage Realty License #01849751

Last Buyer's Agent

Sunny Kim

Compass License #01215151

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $53,842

Year Built

  • Built in 1951

Lot Details

  • 6,490 Sq Ft Lot
  • Zoning described as R1

Parking

  • 2 Car Attached Garage

Home Design

  • Combination Foundation
  • Composition Roof

Interior Spaces

  • 1,349 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Dining Room
  • Crawl Space
  • Eat-In Kitchen
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Wall Furnace
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 132-09-040

Home Details

Home Type

Single Family

Est. Annual Taxes

$53,842

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 66
  • Listing Class: Residential
  • Structure Sq Ft: 1349
  • Year Built: 1951
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Eat in Kitchen, No Informal Dining Room
  • Living Sq Ft: 1349
  • Stories: 1
  • Laundry: Hookup - Washer/Dryer
  • Flooring: Hardwood, Vinyl / Linoleum
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Combination, Crawl Space
  • Roof: Composition

Garage/Parking

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

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Gas, Wall Furnace
  • Sewer/Septic System: Sewer - Public

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

  • Parcel Number: 132-09-040
  • Lot Acres: 0.1490
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6498.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6498.00

Multi Family

  • Utilities: Public Utilities

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

Closed on
Apr 6, 2019
Sold by
Swapnali Kulkarni Aniket and Swapnali Dighe
Bought by
Swapnali Kulkarni Aniket and Swapnali Dighe
Current Estimated Value
$4,946,812

Purchase Details

Listed on
Jan 25, 2017
Closed on
Feb 15, 2017
Sold by
Roberts Geralyn Ann
Bought by
Kulkarni Aniket and Dighe Swapnali
Seller's Agent
Janay Michaud
Heritage Realty
Buyer's Agent
Sunny Kim
Compass
List Price
$1,995,000
Sold Price
$2,317,000
Premium/Discount to List
$322,000
16.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.25%
Original Mortgage
$1,737,750
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 4, 2003
Sold by
Roberts Douglas William and Roberts Geralyn Ann
Bought by
Roberts Douglas W and Roberts Geralyn Ann

Purchase Details

Closed on
May 27, 1997
Sold by
Roberts Douglas W
Bought by
Roberts Douglas William and Roberts Geralyn Ann
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
Swapnali Kulkarni Aniket -- None Available
Kulkarni Aniket $2,317,000 North American Title Co Inc
Roberts Douglas W -- --
Roberts Douglas William -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kulkarni Aniket $1,718,000
Closed Kulkarni Aniket $1,737,750
Previous Owner Roberts Douglas William $442,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2017 02/19/17 Sold $2,317,000 +16.1% $1,718 / Sq Ft
01/29/2017 01/29/17 Pending -- -- --
01/25/2017 01/25/17 For Sale $1,995,000 -- $1,479 / 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 $53,842 $4,588,258 $2,553,286 $2,034,972
2024 $53,842 $4,498,293 $2,503,222 $1,995,071
2023 $53,054 $4,410,092 $2,454,140 $1,955,952
2022 $52,449 $4,323,620 $2,406,020 $1,917,600
2021 $41,632 $3,416,844 $2,358,844 $1,058,000
2020 $28,386 $2,334,657 $2,334,657 $0
2019 $29,571 $2,410,606 $2,288,880 $121,726
2018 $28,758 $2,363,340 $2,244,000 $119,340
2017 $1,929 $85,745 $34,409 $51,336
2016 $1,873 $84,065 $33,735 $50,330
2015 $1,847 $82,803 $33,229 $49,574
2014 $1,713 $81,182 $32,579 $48,603
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81636708

MLSListings

APN: 132-09-040