NOT LISTED FOR SALE

2950 Ramona St Palo Alto, CA 94306

Midtown Palo Alto Neighborhood

Estimated Value: $3,732,000 - $4,679,000

4 Beds
3 Baths
2,338 Sq Ft
$1,824/Sq Ft Est. Value

Last Sold June 29, 2022

Last sale price $3,885,750 $1,662 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $27,851/month

20 Days on Market

Highlights

  • Primary Bedroom Suite
  • Family Room with Fireplace
  • Wood Flooring
  • El Carmelo Elementary School Rated A+
  • Vaulted Ceiling
  • Granite Countertops

About This Home

As of June 2022

This stunning modern Mediterranean home offers an exceptional floor plan with large-scale public rooms, a granite-appointed chef's kitchen, open family room, convenient bedroom or executive office on the main level, and three spacious bedrooms including the palatial primary suite on the second floor. Enjoy luxury appointments, gorgeous stone accents, beautiful hardwood flooring, handsome millwork, and expansive picture windows throughout the 2,338 square feet of interior living space. The living/dining room combination features an entire wall of windows bringing the outdoors in, and is anchored by a striking cast stone fireplace. Relax and entertain in the light-filled family room, completely open to the eat-in kitchen. Outside, the immensely private yard provides a large terrace with a built-in barbecue center, a stretch of level lawn, manicured plantings, and a lovely rose-covered arbor. Luxury living on a cul-de-sac in desirable Midtown, just moments from shops and restaurants.

Last Agent to Sell the Property

Liz Blank

Intero Real Estate Services License #01887904 Listed on: 05/12/2022

Intero Real Estate Services

Co-Listed By

David Troyer

Intero Real Estate Services License #01234450

Last Buyer's Agent

Zehong Zhang

Maxreal License #01970276

Maxreal

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $47,562

Year Built

  • 2009

Lot Details

  • 6,050 Sq Ft Lot
  • Back Yard

Parking

  • 1 Car Detached Garage
  • Off-Street Parking

Home Design

  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,338 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Formal Entry
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Laundry Room

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Built-In Oven
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Sinks
  • Bathtub with Shower
  • Walk-in Shower

Outdoor Features

  • Balcony
  • Barbecue Area

Utilities

  • Forced Air Zoned Cooling and Heating System

Home Details

Home Type

Single Family

Est. Annual Taxes

$47,562

Year Built

2009

Lot Details

0

Parking

1

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Age: 13
  • Listing Class: Residential
  • Structure Sq Ft: 2338
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2009

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Family Room, Living Room
  • Dining Room: Breakfast Bar, Dining Area In Living Room
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Hood Over Range, Island, Oven - Built-In, Oven - Gas, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 2338
  • Stories: 2
  • Bedrooms: Primary Suite / Retreat, Walk-In Closet
  • Laundry: Inside
  • Flooring: Tile, Wood
  • Additional Rooms: Formal Entry, Laundry Room
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Shower And Tub, Stall Shower - 2+, Tub In Primary Bedroom

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Tile
  • Yard/Grounds: Back Yard, Balcony / Patio, Bbq Area

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Detached Garage, Off-Street Parking

Utilities

  • Cooling System: Central Ac, Multi-Zone
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Vaulted Ceiling

Schools

  • School District: Palo Alto Unified

Lot Info

  • Lot Acres: 0.1389
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6052.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6052.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2022
Closed on
Jul 9, 2022
Sold by
Kan Cong
Bought by
Seasons Green Living Trust
Seller's Agent
Liz Blank
Intero Real Estate Services
Buyer's Agent
Zehong Zhang
Maxreal
List Price
$4,198,000
Sold Price
$3,885,750
Premium/Discount to List
-$312,250
-7.44%
Current Estimated Value
$4,384,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$498,255
Avg. Annual Appreciation
3.02%
Original Mortgage
$2,331,450
Outstanding Balance
$2,216,367
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$2,047,327

Purchase Details

Listed on
May 12, 2022
Closed on
Jun 9, 2022
Sold by
Hwang Michael C
Bought by
Cong Kan
Seller's Agent
Liz Blank
Intero Real Estate Services
Buyer's Agent
Zehong Zhang
Maxreal
List Price
$4,198,000
Sold Price
$3,885,750
Premium/Discount to List
-$312,250
-7.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,331,450
Outstanding Balance
$2,216,367
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$2,047,327

Purchase Details

Closed on
Jul 20, 2016
Sold by
Hwang Seung Ho and Hwang Young Soon
Bought by
Hwang Michael C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 2007
Sold by
Winn Susan Bright
Bought by
Hwang Seung Ho and Hwang Young Soon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,900
Interest Rate
6.62%
Mortgage Type
Credit Line Revolving
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
Seasons Green Living Trust -- None Listed On Document
Cong Kan $3,886,000 First American Title
Hwang Michael C $1,050,000 Chicago Title Company
Hwang Seung Ho $1,350,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cong Kan $2,331,450
Previous Owner Hwang Michael C $215,000
Previous Owner Hwang Michael C $625,000
Previous Owner Hwang Seung Ho $1,125,000
Previous Owner Hwang Seung Ho $214,900
Previous Owner Hwang Seung Ho $1,000,000
Previous Owner Winn Susan Bright $250,000
Previous Owner Winn Susan Bright $250,000
Previous Owner Winn Susan Bright $250,000
Previous Owner Winn Susan Bright $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2022 06/29/22 Sold $3,885,750 -2.9% $1,662 / Sq Ft
06/02/2022 06/02/22 Pending -- -- --
05/31/2022 05/31/22 Price Changed $4,000,000 -4.7% $1,711 / Sq Ft
05/12/2022 05/12/22 For Sale $4,198,000 -- $1,796 / 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 $47,562 $4,042,734 $2,913,120 $1,129,614
2024 $47,562 $3,963,465 $2,856,000 $1,107,465
2023 $46,865 $3,885,750 $2,800,000 $1,085,750
2022 $40,036 $3,280,937 $2,384,148 $896,789
2021 $39,248 $3,216,605 $2,337,400 $879,205
2020 $38,432 $3,183,623 $2,313,433 $870,190
2019 $38,011 $3,121,200 $2,268,072 $853,128
2018 $36,960 $3,060,000 $2,223,600 $836,400
2017 $36,312 $3,000,000 $2,180,000 $820,000
2016 $27,329 $2,255,766 $1,497,934 $757,832
2015 $27,064 $2,221,883 $1,475,434 $746,449
2014 $26,523 $2,178,361 $1,446,533 $731,828
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2022

    Liz Blank

    Intero Real Estate Services

    Section Image
  • David Troyer

    Seller Co-Listing Agent in 2022

    David Troyer

    Intero Real Estate Services

    (650) 440-5076

    4 in this area

    390 Total Sales

    Section Image
  • Zehong Zhang

    Buyer's Agent in 2022

    Zehong Zhang

    Maxreal

    (408) 307-8668

    6 in this area

    77 Total Sales

    Section Image
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Map

Source: MLSListings

MLS Number: ML81891343

MLSListings

APN: 132-19-060

California Santa Clara County Palo Alto 94306 Midtown Palo Alto

2950 Ramona St, Palo Alto, CA

This home is located at 2950 Ramona St, Palo Alto, CA 94306 since 12 May 2022 and is currently estimated at $4,263,694, approximately $1,823 per square foot. This property was built in 2009. 2950 Ramona St is a home located in Santa Clara County with nearby schools including El Carmelo Elementary School, Jane Lathrop Stanford Middle School, and Henry M. Gunn High School.

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