NOT LISTED FOR SALE

2929 Ramona St Palo Alto, CA 94306

Midtown Palo Alto Neighborhood

Estimated Value: $3,212,679 - $3,429,000

3 Beds
1 Bath
1,062 Sq Ft
$3,120/Sq Ft Est. Value

Last Sold April 18, 2016

Last sale price $2,320,000 $2,185 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $19,760/month

10 Days on Market

Highlights

  • Wood Flooring
  • High Ceiling
  • Open to Family Room
  • El Carmelo Elementary School Rated A+
  • Corian Countertops
  • Walk-In Closet

About This Home

As of April 2016

Cozy Eichler home on large lot bordering creek. End of street private location. Potential for renovation or new construction. Top rated Palo Alto Schools. Only 1.7 miles away from Stanford University, and within walking distance from Midtown shopping and Caltrain.

Last Agent to Sell the Property

Diego F. Macwilliam

Diego F. MacWilliam, Broker License #01445786 Listed on: 03/27/2016

Last Buyer's Agent

Lan Bowling

Keller Williams Palo Alto License #01248958

Keller Williams Palo Alto

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,556

Year Built

  • Built in 1950

Lot Details

  • 8,059 Sq Ft Lot
  • Wood Fence
  • Level Lot
  • Back Yard
  • Zoning described as R1

Parking

  • 2 Parking Spaces

Home Design

  • Flat Roof Shape
  • Slab Foundation
  • Ceiling Insulation

Interior Spaces

  • 1,062 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Wood Burning Fireplace
  • Family or Dining Combination
  • Wood Flooring
  • Crawl Space
  • Washer and Dryer

Kitchen

  • Open to Family Room
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Corian Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub with Shower
  • Bathtub Includes Tile Surround

Additional Homes

  • 437 SF Accessory Dwelling Unit

Utilities

  • Forced Air Heating System
  • Cable TV Available

Community Details

  • Courtyard

Listing and Financial Details

  • Assessor Parcel Number 132-19-014

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,556

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Age: 66
  • Listing Class: Residential
  • Second Res Apx Sq Ft: 437
  • Structure Sq Ft: 1062
  • Incorporated: Yes
  • Year Built: 1950
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Wood Burning
  • Dining Room: Dining Area in Family Room
  • Kitchen: Cooktop - Gas, Countertop - Solid Surface / Corian, Dishwasher, Garbage Disposal, Hood Over Range, Oven Range - Built-In, Gas, Pantry Cabinet, Refrigerator
  • Living Sq Ft: 1062
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Hardwood
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Shower and Tub, Tile
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab, Crawl Space
  • Roof: Flat / Low Pitch
  • Yard/Grounds: Back Yard, Courtyard
  • Fencing: Wood
  • Construction Type: Wood

Garage/Parking

  • Parking Spaces: 2
  • Garage Parking Features: Parking Area

Utilities

  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Walk-in Closet

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

  • Lot Description: Grade - Level, Regular
  • Parcel Number: 132-19-014
  • Lot Acres: 0.1850
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8041.18
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8041.18

Green Features

  • Energy Features: Ceiling Insulation

Multi Family

  • Utilities: Public Utilities
  • Second Unit Description: Garage remodel

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
Sep 30, 2016
Sold by
Gao Wei Qiang
Bought by
Zheng Junjie Lisa
Current Estimated Value
$3,113,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$801,239
Interest Rate
3.1%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,447,314

Purchase Details

Listed on
Mar 27, 2016
Closed on
Apr 14, 2016
Sold by
Macwilliam Diego
Bought by
Zheng Junjie Lisa and Gao Albert Eric
Seller's Agent
Diego F. Macwilliam
Diego F. MacWilliam, Broker
Buyer's Agent
Lan Bowling
Keller Williams Palo Alto
List Price
$2,250,000
Sold Price
$2,320,000
Premium/Discount to List
$70,000
3.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.67%

Purchase Details

Closed on
May 6, 2013
Sold by
Pitzer Alys
Bought by
Pitzer Alys

Purchase Details

Closed on
Oct 4, 2012
Sold by
Futtere Alys P
Bought by
Pitzer Alys

Purchase Details

Closed on
Oct 31, 1994
Sold by
Sandoval Maria Jesus
Bought by
Macwilliam Diego F
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
Zheng Junjie Lisa -- Lawyers Title Company
Zheng Junjie Lisa $2,320,000 First American Title Company
Pitzer Alys -- None Available
Pitzer Alys -- None Available
Macwilliam Diego F -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zheng Junjie Lisa $1,000,000
Previous Owner Pitzer Alys P $150,000
Previous Owner Pitzer Alys P $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2016 04/18/16 Sold $2,320,000 +3.1% $2,185 / Sq Ft
04/06/2016 04/06/16 Pending -- -- --
03/27/2016 03/27/16 For Sale $2,250,000 -- $2,119 / 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 $32,556 $3,582,217 $2,687,217 $895,000
2024 $32,556 $2,692,553 $2,634,527 $58,026
2023 $32,092 $2,639,759 $2,582,870 $56,889
2022 $31,787 $2,588,000 $2,532,226 $55,774
2021 $31,161 $2,537,256 $2,482,575 $54,681
2020 $30,517 $2,511,241 $2,457,120 $54,121
2019 $30,181 $2,462,002 $2,408,942 $53,060
2018 $29,351 $2,413,728 $2,361,708 $52,020
2017 $28,837 $2,366,400 $2,315,400 $51,000
2016 $1,770 $75,284 $35,692 $39,592
2015 $987 $74,154 $35,156 $38,998
2014 $974 $72,703 $34,468 $38,235
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    Diego F. Macwilliam

    Diego F. MacWilliam, Broker

  • Lan Bowling

    Buyer's Agent in 2016

    Lan Bowling

    Keller Williams Palo Alto

    (650) 520-3407

    14 in this area

    102 Total Sales

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Map

Source: MLSListings

MLS Number: ML81566509

MLSListings

APN: 132-19-014

California Santa Clara County Palo Alto 94306 Midtown Palo Alto

2929 Ramona St, Palo Alto, CA

This home is located at 2929 Ramona St, Palo Alto, CA 94306 since 27 March 2016 and is currently estimated at $3,313,670, approximately $3,120 per square foot. This property was built in 1950. 2929 Ramona 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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