NOT LISTED FOR SALE

Estimated Value: $5,442,483 - $6,413,000

5 Beds
4.5 Baths
3,138 Sq Ft
$1,873/Sq Ft Est. Value

Last Sold May 04, 2016

Last sale price $4,280,000 $1,364 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $34,661/month

28 Days on Market

Highlights

  • Wood Flooring
  • Mediterranean Architecture
  • Breakfast Room
  • El Carmelo Elementary School Rated A+
  • Granite Countertops
  • Kitchen Island

About This Home

As of May 2016

Gorgeous!!! Beautiful 1 year new home!! The best floorplan! This home has it all!! Open granite kitchen/family room overlooking the extra-large backard, breakfast room, separate formal dining room, nice living room, downstairs bedroom/bath, downstairs separate office, 4 big bedrooms upstairs including large master suite and balcony overlooking the backyard and the beautiful green mountains! Warm sunny southern exposure, prime location at the end of the cul-de-sac, and walk a minute to the school! Large lot with patio for summer BBQ's and evening dinners, lots of grass to play, and a separate gardening area! There is a separate Cabana, for an outdoor office, or add a bathroom! Don't miss this one!

Last Agent to Sell the Property

Eric Fischer-Colbrie

Intero Real Estate Services License #00922040 Listed on: 03/17/2016

Intero Real Estate Services

Last Buyer's Agent

Ying Zhang

Compass License #01997435

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $59,268

Year Built

  • Built in 2014

Lot Details

  • 8,712 Sq Ft Lot
  • Zoning described as R1

Parking

  • 1 Car Garage

Home Design

  • Mediterranean Architecture
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,138 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Separate Family Room
  • Formal Dining Room

Kitchen

  • Breakfast Room
  • Breakfast Bar
  • Built-In Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms

Home Security

  • Alarm System
  • Fire Sprinkler System

Additional Homes

  • 110 SF Accessory Dwelling Unit

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 132-19-069

Home Details

Home Type

Single Family

Est. Annual Taxes

$59,268

Year Built

Built in 2014

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Mediterranean
  • Age: 2
  • Listing Class: Residential
  • Second Res Apx Sq Ft: 110
  • Structure Sq Ft: 3138
  • Year Built: 2014
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Burning
  • Dining Room: Breakfast Bar, Breakfast Nook, Breakfast Room, Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Granite, Garbage Disposal, Hood Over Range, Island with Sink, Microwave, Oven - Built-In, Refrigerator
  • Living Sq Ft: 3138
  • Stories: 2
  • Security: Fire System - Sprinkler, Security Alarm
  • Laundry: Hookup - Washer/Dryer
  • Flooring: Hardwood, Stone
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Clay, Concrete

Garage/Parking

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

Utilities

  • Cooling System: Central AC
  • Heating System: Forced Air, Gas
  • 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: 132-19-069
  • Lot Acres: 0.2000
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8712.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8712.00

Multi Family

  • Utilities: Public Utilities
  • Second Unit Description: nice office!

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
Mar 17, 2016
Closed on
Jun 22, 2016
Sold by
Yang Qian
Bought by
Yang Qian
Seller's Agent
Eric Fischer-Colbrie
Intero Real Estate Services
Buyer's Agent
Ying Zhang
Compass
List Price
$4,280,000
Sold Price
$4,280,000
Current Estimated Value
$5,428,581

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,148,581
Avg. Annual Appreciation
3.48%

Purchase Details

Listed on
Mar 17, 2016
Closed on
May 2, 2016
Sold by
Cui Yong
Bought by
Yang Qian
Seller's Agent
Eric Fischer-Colbrie
Intero Real Estate Services
Buyer's Agent
Ying Zhang
Compass
List Price
$4,280,000
Sold Price
$4,280,000

Purchase Details

Listed on
Mar 17, 2016
Closed on
Apr 26, 2016
Sold by
The Gfl Group Inc
Bought by
Yang Qian
Seller's Agent
Eric Fischer-Colbrie
Intero Real Estate Services
Buyer's Agent
Ying Zhang
Compass
List Price
$4,280,000
Sold Price
$4,280,000

Purchase Details

Listed on
Jan 1, 2012
Closed on
Jan 26, 2012
Sold by
Pesco Virginia M and Pesco Raymond E
Bought by
The Gfl Group Inc
Seller's Agent
Lynn Muzik
Rebuild Realty of Northern California
Buyer's Agent
John Forsyth James
Compass
List Price
$1,098,000
Sold Price
$1,523,000
Premium/Discount to List
$425,000
38.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.45%

Purchase Details

Closed on
Oct 3, 2006
Sold by
Oelke Adina
Bought by
Oelke Adina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage
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
Yang Qian -- None Available
Yang Qian -- Chicago Title Company
Yang Qian $4,280,000 Chicago Title Company
The Gfl Group Inc $1,522,750 Chicago Title Company
Oelke Adina -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pesco Virginia M $938,250
Previous Owner Oelke Adina $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2016 05/04/16 Sold $4,280,000 0.0% $1,364 / Sq Ft
04/15/2016 04/15/16 Pending -- -- --
03/17/2016 03/17/16 For Sale $4,280,000 +181.0% $1,364 / Sq Ft
01/31/2012 01/31/12 Sold $1,523,000 +38.7% $1,238 / Sq Ft
01/14/2012 01/14/12 Pending -- -- --
01/01/2012 01/01/12 For Sale $1,098,000 -- $893 / 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 $59,268 $5,066,646 $3,042,357 $2,024,289
2024 $59,268 $4,967,301 $2,982,703 $1,984,598
2023 $58,400 $4,869,904 $2,924,219 $1,945,685
2022 $57,732 $4,774,417 $2,866,882 $1,907,535
2021 $56,596 $4,680,802 $2,810,669 $1,870,133
2020 $55,409 $4,632,808 $2,781,850 $1,850,958
2019 $54,803 $4,541,969 $2,727,304 $1,814,665
2018 $53,276 $4,452,912 $2,673,828 $1,779,084
2017 $52,342 $4,365,600 $2,621,400 $1,744,200
2016 $33,099 $2,747,967 $1,615,964 $1,132,003
2015 $32,779 $2,706,691 $1,591,691 $1,115,000
2014 $24,831 $2,039,512 $1,560,512 $479,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81565707

MLSListings

APN: 132-19-069