NOT LISTED FOR SALE

2955 Otterson Ct Palo Alto, CA 94303

Midtown Palo Alto Neighborhood

Estimated Value: $2,979,000 - $3,313,000

3 Beds
2 Baths
1,765 Sq Ft
$1,769/Sq Ft Est. Value

Last Sold July 27, 2023

Last sale price $2,820,000 $1,598 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $19,328/month

24 Days on Market

Highlights

  • Primary Bedroom Suite
  • Quartz Countertops
  • 2 Car Attached Garage
  • Palo Verde Elementary School Rated A+
  • Formal Dining Room
  • Bathtub with Shower

About This Home

As of July 2023

Feast your eyes on this spectacular newly renovated, single story Ranch style home in Palo Alto's sought-after Midtown neighborhood! Nestled at the end of a quiet cul-de-sac, this gem-of-a-house has unmatched curb appeal with its new lawn, slow-drip nourished new landscaping, and new exterior paint. The approx. 1,765 sf home sits on a 7,671 sf lot and features an abundance of natural light, new roof, new floors, fresh interior paint, and a remodeled kitchen with quartz countertops, redone cabinetry, new stove top & hood. Plus, a fireplace and vaulted wood beamed ceiling in the family room, modern lighting throughout the house, remodeled hall bathroom, and a large primary suite with a newly remodeled bathroom. Close proximity to Greer Park and Seale Park, Midtown shopping center, easy access to 101 and all the tech companies (Google, Facebook, Apple, etc.), Stanford University, Downtown Palo Alto, and all that this great city has to offer, including its HIGHLY REGARDED SCHOOLS!!

Last Agent to Sell the Property

Fay Murad

KW Bay Area Estates License #02068272 Listed on: 06/02/2023

KW Bay Area Estates

Co-Listed By

Ryan Nunnally

KW Bay Area Estates License #01875950

Last Buyer's Agent

Bin Fang

Goodview Financial & Real Estate License #02064457

Goodview Financial & Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $33,247

Year Built

  • Built in 1977

Lot Details

  • 7,671 Sq Ft Lot
  • Wood Fence
  • Sprinkler System
  • Zoning described as R1

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,765 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Family Room with Fireplace
  • Formal Dining Room
  • Quartz Countertops
  • Laundry in unit

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 127-04-087

Home Details

Home Type

Single Family

Est. Annual Taxes

$33,247

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 46
  • Listing Class: Residential
  • Structure Sq Ft: 1765
  • Year Built: 1977
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Gas Starter, Wood Burning
  • Dining Room: Formal Dining Room
  • Kitchen: Countertop - Quartz
  • Living Sq Ft: 1765
  • Stories: 1
  • Bedrooms: Ground Floor Bedroom, More than One Bedroom on Ground Floor, Primary Bedroom on Ground Floor, Primary Suite / Retreat
  • Laundry: Inside
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Primary - Stall Shower(s), Shower over Tub - 1
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Yard/Grounds: Sprinklers - Lawn
  • Fencing: Wood

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: Palo Alto Unified
  • Elementary School: Palo Verde Elementary
  • Middle School: Jane Lathrop Stanford Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 320
  • Middle School: 322

Lot Info

  • Parcel Number: 127-04-087
  • Lot Acres: 0.1761
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7671.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7671.00

Multi Family

  • Utilities: Public Utilities
  • Maximum Building Height: 1
  • Minimum Building Height: 1

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Palo Verde 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
Jun 2, 2023
Closed on
Jun 29, 2023
Sold by
Stefanie Dworkin Revocable Trust
Bought by
Gao Yu and Hanning Li
Seller's Agent
Fay Murad
KW Bay Area Estates
Buyer's Agent
Bin Fang
Goodview Financial & Real Estate
List Price
$2,888,000
Sold Price
$2,820,000
Premium/Discount to List
-$68,000
-2.35%
Views
107
Current Estimated Value
$3,122,878

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$302,878
Avg. Annual Appreciation
4.77%
Original Mortgage
$300,000
Outstanding Balance
$53,538
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$3,069,340

Purchase Details

Closed on
Jul 12, 2021
Sold by
David Dworkin Earl
Bought by
Earl D Dworkin 2011 Revocable Living Trust

Purchase Details

Closed on
Jun 24, 2021
Sold by
Dworkin Stefanie Beth and Dworkin Earl D
Bought by
Dworkin Stefanie Beth

Purchase Details

Closed on
Dec 29, 2011
Sold by
Dworkin Earl D
Bought by
Dworkin Earl D
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
Gao Yu $2,820,000 Stewart Title Of California
Earl D Dworkin 2011 Revocable Living Trust -- --
Dworkin Stefanie Beth -- None Available
Dworkin Earl D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gao Yu $300,000
Open Gao Yu $1,888,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2023 07/27/23 Sold $2,820,000 -2.4% $1,598 / Sq Ft
06/27/2023 06/27/23 Pending -- -- --
06/02/2023 06/02/23 For Sale $2,888,000 -- $1,636 / 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 $33,247 $2,876,400 $2,703,000 $173,400
2024 $33,247 $2,820,000 $2,650,000 $170,000
2023 $3,246 $271,026 $92,394 $178,632
2022 $3,205 $265,713 $90,583 $175,130
2021 $3,140 $260,504 $88,807 $171,697
2020 $3,073 $257,834 $87,897 $169,937
2019 $3,039 $252,779 $86,174 $166,605
2018 $2,967 $247,824 $84,485 $163,339
2017 $2,914 $242,966 $82,829 $160,137
2016 $2,825 $238,203 $81,205 $156,998
2015 $2,797 $234,626 $79,986 $154,640
2014 $2,753 $230,031 $78,420 $151,611
Source: Public Records

Agents Affiliated with this Home

  • Fay Murad

    Seller's Agent in 2023

    Fay Murad

    KW Bay Area Estates

    (408) 823-7331

    1 in this area

    25 Total Sales

    Fay Murad
    Section Image
  • Ryan Nunnally

    Seller Co-Listing Agent in 2023

    Ryan Nunnally

    KW Bay Area Estates

    (408) 568-4552

    1 in this area

    63 Total Sales

    Ryan Nunnally
    Section Image
  • Bin Fang

    Buyer's Agent in 2023

    Bin Fang

    Goodview Financial & Real Estate

    (408) 320-8508

    2 in this area

    45 Total Sales

    Bin Fang
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81930402

MLSListings

APN: 127-04-087

California Santa Clara County Palo Alto 94303 Midtown Palo Alto

2955 Otterson Ct, Palo Alto, CA

This home is located at 2955 Otterson Ct, Palo Alto, CA 94303 since 02 June 2023 and is currently estimated at $3,122,878, approximately $1,769 per square foot. This property was built in 1977. 2955 Otterson Ct is a home located in Santa Clara County with nearby schools including Palo Verde Elementary School, Jane Lathrop Stanford Middle School, and Palo Alto High School.

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