NOT LISTED FOR SALE

2905 Emerson St Palo Alto, CA 94306

Midtown Palo Alto Neighborhood

Estimated Value: $5,125,000 - $6,154,000

5 Beds
4.5 Baths
2,948 Sq Ft
$1,922/Sq Ft Est. Value

Last Sold May 05, 2017

Last sale price $4,700,000 $1,594 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $35,113/month

Highlights

  • Custom Home
  • Skyline View
  • Wood Flooring
  • El Carmelo Elementary School Rated A+
  • Vaulted Ceiling
  • Marble Countertops

About This Home

As of May 2017

Dazzling New Midtown Residence. Well-planned, expertly executed, and completed in 2017, this 5 bedroom, 4.5 bath luxury residence of approx. 3,200 sq. ft. (per permits), including garage, occupies a centrally located property of approx. 8,000 sq. ft. (per city). High-end finishes grace this dramatic yet inviting design, which is carefully arranged for everyday convenience and unforgettable entertaining. Outstanding features include four en-suite bedrooms, indoor and outdoor speakers, luxurious marble finishes, and stylish quartz countertops. Stroll to popular parks, Caltrain, California Avenue, and El Carmelo Elementary (API 944) while enjoying close proximity to other terrific schools like JLS Middle (API 943) and Palo Alto High (API 905) (buyer to verify eligibility).

Last Agent to Sell the Property

Michael Repka

Deleon Realty License #70010006 Listed on: 05/05/2017

Last Buyer's Agent

Michael Repka

Deleon Realty License #70010006 Listed on: 05/05/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $63,736

Year Built

  • 2017

Lot Details

  • 8,059 Sq Ft Lot
  • Level Lot
  • Sprinklers on Timer
  • Back Yard Fenced

Parking

  • 1 Car Detached Garage
  • Electric Vehicle Home Charger
  • Tandem Parking
  • Garage Door Opener
  • Secured Garage or Parking
  • Guest Parking
  • On-Street Parking

Home Design

  • Custom Home
  • Post and Beam
  • Wood Frame Construction
  • Concrete Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,948 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Skylights
  • 1 Fireplace
  • Clean Air Certified Fireplace
  • Double Pane Windows
  • Formal Entry
  • Formal Dining Room
  • Den
  • Wood Flooring
  • Skyline Views
  • Crawl Space

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Eat-In Kitchen
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Marble Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Remodeled Bathroom
  • Marble Bathroom Countertops
  • Dual Sinks
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Laundry Tub
  • Washer and Dryer Hookup

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • Thermostat
  • Separate Meters
  • Individual Gas Meter
  • Sewer Connection Less Than 500 Feet Away

Additional Features

  • Energy-Efficient HVAC
  • Ground Level Unit

Home Details

Home Type

Single Family

Est. Annual Taxes

$63,736

Year Built

2017

Lot Details

0

Parking

1

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Style: Custom
  • Listing Class: Residential
  • Structure Sq Ft: 2948
  • Construction: Completed
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2017

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Clean Air Certified
  • Dining Room: Breakfast Nook, Eat In Kitchen, Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Marble, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Ice Maker, Island With Sink, Microwave, Oven Range - Gas, Wine Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 2948
  • Stories: 1
  • Security: Fire Alarm, Fire System - Sprinkler, Secured Garage / Parking
  • Laundry: Hookup - Electric, Gas Hookup, Hookups Only, Tub / Sink, Upper Floor
  • Flooring: Hardwood
  • Additional Rooms: Den / Study / Office, Formal Entry, Laundry Room
  • Fireplaces Min: 1
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Bathroom: Double Sinks, Marble, Shower And Tub, Skylight, Stall Shower, Tile, Tub, Updated Bath

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space, Post And Beam, Sealed Crawlspace
  • Roof: Concrete
  • Yard/Grounds: Back Yard, Fenced, Sprinklers - Auto, Sprinklers - Lawn
  • Fencing: Fenced, Fenced Back, Wood
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 1
  • Garage Parking Features: Detached Garage, Electric Car Hookup, Gate / Door Opener, Guest / Visitor Parking, On Street, Tandem Parking

Utilities

  • Cooling System: Central Forced Air - Gas, Multi-Zone
  • Heating System: Central Forced Air - Gas, Heating - 2+ Zones
  • Sewer/Septic System: Sewer - Public, Sewer Connected, Sewer Connections - Less Than 500 Feet Away

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Skylight, Vaulted Ceiling

Schools

  • High School: 327

Lot Info

  • Lot Description: Grade - Level, Ground Floor
  • Lot Acres: 0.1850
  • 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: Double Pane Windows, Energy Star Hvac, Skylight, Thermostat Controller

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2020
Sold by
Tang Woon Khang and Tang Man
Bought by
Tang Woon Khang and Zhang Man
Current Estimated Value
$5,665,636

Purchase Details

Listed on
May 5, 2017
Closed on
Apr 27, 2017
Sold by
Footstone Investments Llc
Bought by
Tang Woon and Zhang Man
Seller's Agent
Michael Repka
Deleon Realty
Buyer's Agent
Michael Repka
Deleon Realty
List Price
$3,988,000
Sold Price
$4,700,000
Premium/Discount to List
$712,000
17.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.23%
Original Mortgage
$3,055,000
Outstanding Balance
$2,471,631
Interest Rate
3.15%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,194,005

Purchase Details

Closed on
May 20, 2014
Sold by
Morton Douglas P and Morton Barbara Dee
Bought by
Footstone Investments Llc

Purchase Details

Closed on
Mar 28, 2001
Sold by
Morton Douglas P and Morton Barbara D
Bought by
Morton Douglas P and Morton Barbara Dee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.19%

Purchase Details

Closed on
Oct 31, 1997
Sold by
Morton Douglas P and Morton Barbara D
Bought by
Morton Douglas P and Morton Barbara Dee
Source: Public Records

Range of Values:

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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
Tang Woon Khang -- None Available
Tang Woon $4,700,000 Chicago Title Company
Footstone Investments Llc $2,400,000 Chicago Title Company
Morton Douglas P -- Financial Title Company
Morton Douglas P -- Financial Title Company
Morton Douglas P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tang Woon $3,055,000
Previous Owner Morton Douglas P $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/05/2017 05/05/17 Sold $4,700,000 +17.9% $1,594 / Sq Ft
05/05/2017 05/05/17 Pending -- -- --
05/05/2017 05/05/17 For Sale $3,988,000 +66.2% $1,353 / Sq Ft
08/05/2014 08/05/14 Sold $2,400,000 0.0% $1,284 / Sq Ft View Prior Sale
08/05/2014 08/05/14 For Sale $2,400,000 -- $1,284 / 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 $63,736 $5,454,747 $3,742,887 $1,711,860
2024 $63,736 $5,347,793 $3,669,498 $1,678,295
2023 $62,803 $5,242,936 $3,597,548 $1,645,388
2022 $62,086 $5,140,134 $3,527,008 $1,613,126
2021 $60,947 $5,039,348 $3,457,851 $1,581,497
2020 $59,669 $4,987,676 $3,422,395 $1,565,281
2019 $59,018 $4,889,880 $3,355,290 $1,534,590
2018 $57,373 $4,794,000 $3,289,500 $1,504,500
2017 $36,781 $3,039,732 $2,485,332 $554,400
2016 $32,204 $2,671,600 $2,436,600 $235,000
2015 $29,164 $2,400,000 $2,400,000 $0
2014 $1,963 $109,278 $34,468 $74,810
Source: Public Records

Agents Affiliated with this Home

  • Michael Repka

    Seller's Agent in 2017

    Michael Repka

    Deleon Realty

    (650) 488-7325

    29 in this area

    764 Total Sales

    Michael Repka
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Map

Source: MLSListings

MLS Number: ML81650171

MLSListings

APN: 132-19-043

California Santa Clara County Palo Alto 94306 Midtown Palo Alto

2905 Emerson St, Palo Alto, CA

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