NOT LISTED FOR SALE

2883 Kipling St Palo Alto, CA 94306

Midtown Palo Alto Neighborhood

Estimated Value: $3,950,000 - $5,559,000

3 Beds
2 Baths
2,326 Sq Ft
$2,049/Sq Ft Est. Value

Last Sold April 12, 2017

Last sale price $3,100,000 $1,333 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $31,400/month

8 Days on Market

Highlights

  • Wood Flooring
  • 1 Fireplace
  • Forced Air Heating System
  • El Carmelo Elementary School Rated A+
  • Den
  • 4-minute walk to Hoover Park

About This Home

As of April 2017

Beautifully remodeled and expanded cul-de-sac home with delightful private gardens and outdoor living and dining spaces. Wonderful entertaining layout with open kitchen and huge great room. Secluded master suite with intimate balcony for morning coffee or evening wine. 3 bedroom, 2 bath + office and approximately 2326 square feet per appraisal.

Last Agent to Sell the Property

Anne Kennedy

Keller Williams San Francisco License #01870081 Listed on: 03/29/2017

Co-Listed By

Joshua Szarek

Engel & Völkers License #02010357

Last Buyer's Agent

Sophia Song

Golden Gate Sotheby's International Realty License #01845968

Golden Gate Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $55,751

Year Built

  • Built in 1948

Lot Details

  • 6,578 Sq Ft Lot
  • Level Lot
  • Zoning described as R1

Parking

  • 1 Car Garage

Home Design

  • Slab Foundation
  • Metal Roof

Interior Spaces

  • 2,326 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Separate Family Room
  • Dining Area
  • Den
  • Washer and Dryer

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 132-09-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$55,751

Year Built

Built in 1948

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Age: 69
  • Listing Class: Residential
  • Structure Sq Ft: 2326
  • Incorporated: Yes
  • Year Built: 1948
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Dining Room: Dining Area
  • Living Sq Ft: 2326
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Hardwood, Tile
  • Additional Rooms: Office Area
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Metal

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Sewer in Street

Schools

  • School District: Palo Alto Unified

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 132-09-016
  • Lot Acres: 0.1510
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6555.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6555.00

Multi Family

  • Utilities: Natural Gas, Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2017
Closed on
Apr 9, 2017
Sold by
Hale David M and Bayless Penny J
Bought by
Cao Wel and Cao Jacqueline Jle
Seller's Agent
Anne Kennedy
Keller Williams San Francisco
Buyer's Agent
Sophia Song
Golden Gate Sotheby's International Realty
List Price
$2,588,000
Sold Price
$3,100,000
Premium/Discount to List
$512,000
19.78%
Total Days on Market
8
Current Estimated Value
$4,766,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,666,028
Avg. Annual Appreciation
5.46%
Source: Public Records

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Range of Values:

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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
Cao Wel $3,100,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hale David M $1,200,000
Previous Owner Hale David M $400,000
Previous Owner Hale David M $278,706
Previous Owner Hale David M $50,000
Previous Owner Hale David M $345,000
Previous Owner Hale David M $295,000
Previous Owner Hale David M $305,000
Previous Owner Hale David M $310,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2017 04/12/17 Sold $3,100,000 +19.8% $1,333 / Sq Ft
04/07/2017 04/07/17 Pending -- -- --
03/29/2017 03/29/17 For Sale $2,588,000 -- $1,113 / 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
2024 $55,751 $4,667,780 $3,129,029 $1,538,751
2023 $54,933 $4,576,256 $3,067,676 $1,508,580
2022 $54,305 $4,486,526 $3,007,526 $1,479,000
2021 $53,236 $4,398,555 $2,948,555 $1,450,000
2020 $38,135 $3,165,322 $2,918,322 $247,000
2019 $39,164 $3,225,240 $2,861,100 $364,140
2018 $38,078 $3,162,000 $2,805,000 $357,000
2017 $6,377 $469,729 $157,503 $312,226
2016 $6,204 $460,519 $154,415 $306,104
2015 $6,136 $453,603 $152,096 $301,507
2014 $5,931 $444,718 $149,117 $295,601
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2017

    Anne Kennedy

    Keller Williams San Francisco

  • J

    Seller Co-Listing Agent in 2017

    Joshua Szarek

    Engel & Völkers

  • Sophia Song

    Buyer's Agent in 2017

    Sophia Song

    Golden Gate Sotheby's International Realty

    (408) 667-2527

    10 Total Sales

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Map

Source: MLSListings

MLS Number: ML81644410

MLSListings

APN: 132-09-016

California Santa Clara County Palo Alto 94306 Midtown Palo Alto

2883 Kipling St, Palo Alto, CA

This home is located at 2883 Kipling St, Palo Alto, CA 94306 since 29 March 2017 and is currently estimated at $4,766,028, approximately $2,049 per square foot. This property was built in 1948. 2883 Kipling 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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