NOT LISTED FOR SALE

2917 Emerson St Palo Alto, CA 94306

Midtown Palo Alto Neighborhood

Estimated Value: $3,442,000 - $3,862,000

3 Beds
3 Baths
1,336 Sq Ft
$2,677/Sq Ft Est. Value

Last Sold May 06, 2019

Last sale price $3,000,000 $2,246 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $22,104/month

6 Days on Market

Highlights

  • Primary Bedroom Suite
  • Living Room with Fireplace
  • Quartz Countertops
  • El Carmelo Elementary School Rated A+
  • Wood Flooring
  • Den

About This Home

As of May 2019

Absolutely loaded with charm! Wonderfully updated home featuring a welcoming front porch, hardwood floors, serene master suite, separate private office and a large covered patio. Oversized, detached garage with separate living unit. Large lot desirably located on a low traffic street in the heart of midtown. Truly a special opportunity! Ready to move in and enjoy it with abundant possibilities.

Last Agent to Sell the Property

Tim Foy

Midtown Realty License #00849721 Listed on: 03/28/2019

Last Buyer's Agent

Ryan Holland

Redfin License #01993089

Redfin

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,465

Year Built

  • Built in 1948

Lot Details

  • 8,072 Sq Ft Lot
  • Wood Fence
  • Sprinkler System
  • Back Yard Fenced
  • Zoning described as R1

Parking

  • 2 Car Detached Garage

Home Design

  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,336 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Separate Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Den
  • Crawl Space
  • Laundry in unit

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Dishwasher
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Remodeled Bathroom
  • 3 Full Bathrooms
  • Stone Countertops In Bathroom
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Additional Features

  • Balcony
  • Dwelling with Separate Living Area
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 132-19-042

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,465

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 1336
  • Year Built: 1948
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room
  • Dining Room: Breakfast Bar, Dining "L"
  • Kitchen: Countertop - Quartz, Dishwasher, Garbage Disposal, Oven Range - Gas
  • Living Sq Ft: 1336
  • Stories: 1
  • Bedrooms: Primary Suite / Retreat
  • Laundry: Inside
  • Flooring: Carpet, Tile, Wood
  • Additional Rooms: Office Area, Separate Living Unit
  • Fireplaces Min: 2
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Bathroom: Shower over Tub - 1, Stall Shower, Stone, Tile, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab, Crawl Space, Post and Pier
  • Roof: Composition
  • Yard/Grounds: Back Yard, Balcony / Patio, Sprinklers - Lawn
  • Fencing: Fenced Back, Wood
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Detached Garage, Room for Oversized Vehicle

Utilities

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

Lot Info

  • Parcel Number: 132-19-042
  • 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: Double Pane Windows

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2019
Closed on
Apr 19, 2019
Sold by
Luevano Rafael V and Luevano Sherilee S
Bought by
Afrodite Pannu Navraj Singh and Afrodite Lourbakos
Seller's Agent
Tim Foy
Midtown Realty
Buyer's Agent
Ryan Holland
Redfin
List Price
$2,995,000
Sold Price
$3,000,000
Premium/Discount to List
$5,000
0.17%
Current Estimated Value
$3,576,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$576,883
Avg. Annual Appreciation
2.73%
Original Mortgage
$160,000
Outstanding Balance
$138,297
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,438,586

Purchase Details

Closed on
Mar 29, 2016
Sold by
Luevano Rafael V and Luevano Sherilee S
Bought by
Luevano Family Trust and Luevano Sherilee S

Purchase Details

Closed on
Jul 17, 2003
Sold by
Luevano Rafael V and Luevano Sherilee S
Bought by
Luevano Rafael and Luevano Sherilee S

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
5.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 24, 1995
Sold by
Graul Patricia Anne Develine
Bought by
Luevano Rafael and Luevano Sherilee S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,800
Interest Rate
7%
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
Afrodite Pannu Navraj Singh $3,000,000 Old Republic Title Company
Luevano Family Trust -- None Available
Luevano Rafael -- Old Republic Title Company
Luevano Rafael $336,000 North American Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Afrodite Pannu Navraj Singh $160,000
Previous Owner Luevano Rafael $500,000
Previous Owner Luevano Rafael $268,800
Closed Luevano Rafael $33,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2019 05/06/19 Sold $3,000,000 +0.2% $2,246 / Sq Ft
04/04/2019 04/04/19 Pending -- -- --
03/28/2019 03/28/19 For Sale $2,995,000 -- $2,242 / 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 $39,465 $3,346,552 $3,156,917 $189,635
2024 $39,465 $3,280,934 $3,095,017 $185,917
2023 $39,465 $3,216,603 $3,034,331 $182,272
2022 $38,436 $3,153,534 $2,974,835 $178,699
2021 $37,679 $3,091,701 $2,916,505 $175,196
2020 $36,895 $3,060,000 $2,886,600 $173,400
2019 $7,045 $514,019 $252,960 $261,059
2018 $6,868 $503,941 $248,000 $255,941
2017 $6,747 $494,061 $243,138 $250,923
2016 $6,484 $484,374 $238,371 $246,003
2015 $6,413 $477,099 $234,791 $242,308
2014 $6,203 $467,754 $230,192 $237,562
Source: Public Records

Agents Affiliated with this Home

  • Tim Foy

    Seller's Agent in 2019

    Tim Foy

    Midtown Realty

    (650) 387-5078

    17 in this area

    93 Total Sales

    Tim Foy
    Section Image

  • R

    Buyer's Agent in 2019

    Ryan Holland

    Redfin

    Section Image
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Map

Source: MLSListings

MLS Number: ML81744503

MLSListings

APN: 132-19-042

California Santa Clara County Palo Alto 94306 Midtown Palo Alto

2917 Emerson St, Palo Alto, CA

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