NOT LISTED FOR SALE

Estimated Value: $6,119,000 - $7,441,000

5 Beds
5 Baths
4,626 Sq Ft
$1,439/Sq Ft Est. Value

Last Sold March 13, 2015

Last sale price $5,005,000 $1,082 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $42,128/month

28 Days on Market

Highlights

  • Custom Home
  • Wood Flooring
  • Hydromassage or Jetted Bathtub
  • El Carmelo Elementary School Rated A+
  • Outdoor Kitchen
  • 2 Fireplaces

About This Home

As of March 2015

Beautifully crafted Tuscany Mediterranean style home, located in desirable Midtown Palo Alto on a cul-de-sac. An artistic masterpiece complementing the perfect blend of sophistication & warmth. Cobble stone courtyard, gas fire pit, BBQ grill. Large Chef's kitchen, granite island, versatile dining/family rm. Master suite, walk-in closet, stunning bathroom, jetted tub. Upstairs laundry. Basement: Theater rm, game area, Executive office suite, Exquisite Vinotheque Wine Cellar, exercise rm, laundry/bath & bd rm

Last Agent to Sell the Property

Deborah Greenberg

Keller Williams Palo Alto License #01103771 Listed on: 01/21/2015

Keller Williams Palo Alto

Last Buyer's Agent

Steve Pierce

Zane MacGregor License #00871571

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $70,271

Year Built

  • Built in 2007

Lot Details

  • 7,492 Sq Ft Lot
  • Gated Home
  • Split Rail Fence
  • Wood Fence
  • Paved or Partially Paved Lot
  • Sprinkler System
  • Back Yard Fenced
  • Zoning described as R1

Parking

  • 1 Car Detached Garage
  • 1 Carport Space
  • Garage Door Opener
  • Electric Gate
  • Uncovered Parking
  • Off-Street Parking

Home Design

  • Custom Home
  • Mediterranean Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Ceiling Insulation
  • Tile Roof

Interior Spaces

  • 4,626 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Skylights
  • 2 Fireplaces
  • Gas Fireplace
  • Double Pane Windows
  • Separate Family Room
  • Dining Area
  • Security Gate

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Double Self-Cleaning Oven
  • Gas Cooktop
  • Range Hood
  • Warming Drawer
  • Freezer
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 5 Full Bathrooms
  • Stone Countertops In Bathroom
  • Granite Bathroom Countertops
  • Dual Sinks
  • Low Flow Toliet
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower
  • Low Flow Shower

Laundry

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

Basement

  • Sump Pump
  • Sump Drainage

Eco-Friendly Details

  • Energy-Efficient HVAC
  • Air Purifier

Outdoor Features

  • Balcony
  • Outdoor Kitchen
  • Fire Pit
  • Barbecue Area

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Thermostat
  • 220 Volts
  • Tankless Water Heater
  • Cable TV Available

Community Details

  • Courtyard

Listing and Financial Details

  • Assessor Parcel Number 132-14-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$70,271

Year Built

Built in 2007

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Custom, Mediterranean
  • Age: 8
  • Listing Class: Residential
  • Structure Sq Ft: 4626
  • Year Built: 2007
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo, Separate Family Room
  • Fireplace: Gas Burning
  • Dining Room: Breakfast Bar, Dining Area, Eat in Kitchen
  • Kitchen: 220 Volt Outlet, Cooktop - Gas, Dishwasher, Freezer, Garbage Disposal, Hood Over Range, Island, Island with Sink, Oven - Double, Oven - Self Cleaning, Pantry Cabinet, Refrigerator, Trash Compactor, Warming Drawer, Wine Refrigerator
  • Living Sq Ft: 4626
  • Stories: 2
  • Laundry: Hookup - Electric, Gas Hookup, Tub / Sink, Upper Floor, Washer / Dryer
  • Flooring: Carpet, Hardwood, Tile
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Bathroom: Double Sinks, Granite, Sauna, Shower and Tub, Stall Shower, Stone, Tile, Tub, Tub with Jets
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tile
  • Yard/Grounds: Back Yard, Balcony / Patio, BBQ Area, Courtyard, Fenced, Fire Pit, Outdoor Kitchen, Sprinklers - Lawn
  • Fencing: Fenced Back, Gate, Split Rail, Wood
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Carport, Covered Parking, Detached Garage, Electric Gate, Enclosed, Gate / Door Opener, Off-Street Parking, Uncovered Parking
  • Carport Min: 1

Utilities

  • Cooling System: Ceiling Fan, Central Forced Air - Gas, Multi-Zone
  • Heating System: Central Forced Air - Gas, Heating - 2+ Units
  • Sewer/Septic System: Drainage - Sump, Sewer - Public, Sump Pump

Association/Amenities

  • Amenities Miscellaneous: Air Purifier, High Ceiling, Security Gate, Skylight, 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: Paved, Regular
  • Parcel Number: 132-14-013
  • Lot Acres: 0.1720
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7504.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7504.00

Green Features

  • Energy Features: Ceiling Insulation, Double Pane Windows, Energy Star Appliances, Energy Star HVAC, Low Flow Shower, Low Flow Toilet, Skylight, Tankless Water Heater, Thermostat Controller

Multi Family

  • Utilities: Public Utilities

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
Jan 21, 2015
Closed on
Feb 23, 2015
Sold by
Schneider Thomas R and Schneider Laura J
Bought by
Liu Tingru and Ye Zhixin
Seller's Agent
Deborah Greenberg
Keller Williams Palo Alto
Buyer's Agent
Steve Pierce
Zane MacGregor
List Price
$4,998,000
Sold Price
$5,005,000
Premium/Discount to List
$7,000
0.14%
Current Estimated Value
$6,657,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,652,044
Avg. Annual Appreciation
3.15%

Purchase Details

Closed on
Jul 2, 2008
Sold by
Schneider Thomas R and Schneider Laura J
Bought by
Schneider Thomas R and Schneider Laura J

Purchase Details

Closed on
Feb 11, 2005
Sold by
Jones David L and Jones Nancy W
Bought by
Schneider Thomas R and Schneider Laura J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,700,000
Interest Rate
5.79%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 18, 2000
Sold by
Bird Philip Thomas
Bought by
Bird Rose Elizabeth

Purchase Details

Closed on
Sep 6, 2000
Sold by
Chabra Raj
Bought by
Jones David L and Jones Nancy W
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
Liu Tingru $5,005,000 Old Republic Title Company
Schneider Thomas R -- None Available
Schneider Thomas R $950,000 Alliance Title Company
Bird Rose Elizabeth -- Old Republic Title Company
Jones David L $945,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schneider Thomas R $2,229,776
Previous Owner Schneider Thomas R $585,000
Previous Owner Schneider Thomas R $1,676,000
Previous Owner Schneider Thomas R $1,700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2015 03/13/15 Sold $5,005,000 +0.1% $1,082 / Sq Ft
02/18/2015 02/18/15 Pending -- -- --
01/21/2015 01/21/15 For Sale $4,998,000 -- $1,080 / 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 $70,271 $6,015,251 $3,791,833 $2,223,418
2024 $70,271 $5,897,306 $3,717,484 $2,179,822
2023 $69,244 $5,781,674 $3,644,593 $2,137,081
2022 $68,457 $5,668,309 $3,573,131 $2,095,178
2021 $67,111 $5,557,167 $3,503,070 $2,054,097
2020 $65,702 $5,500,186 $3,467,151 $2,033,035
2019 $64,986 $5,392,340 $3,399,168 $1,993,172
2018 $63,173 $5,286,609 $3,332,518 $1,954,091
2017 $62,067 $5,182,951 $3,267,175 $1,915,776
2016 $60,451 $5,081,325 $3,203,113 $1,878,212
2015 $29,679 $2,450,690 $1,101,816 $1,348,874
2014 $29,094 $2,402,685 $1,080,233 $1,322,452
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81447648

MLSListings

APN: 132-14-013