NOT LISTED FOR SALE

2960 Otterson Ct Palo Alto, CA 94303

Midtown Palo Alto Neighborhood

Estimated Value: $3,136,997 - $3,537,000

4 Beds
2 Baths
1,568 Sq Ft
$2,114/Sq Ft Est. Value

Last Sold February 17, 2017

Last sale price $2,290,000 $1,460 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $20,203/month

70 Days on Market

Highlights

  • Wood Flooring
  • Granite Countertops
  • Balcony
  • Palo Verde Elementary School Rated A+
  • Wine Refrigerator
  • Skylights

About This Home

As of February 2017

Nestled on a serene, family friendly cul-de-sac and minutes to a variety of neighborhood amenities, this remodeled ranch style home has been beautifully uplifted with contemporary finishes and quality fixtures. Highlighted by a stunning gourmet kitchen w durable granite slab countertops with an island w breakfast bar seating, the open and flowing floor plan is accentuated by gorgeous Italian ceramic tile flooring that extends through the main living spaces and rich Brazilian cherry finished hardwood flooring in the bedroom quarters. Tucked off the kitchen, a comfortable family room awaits for everyday relaxation, accented with fireplace & sliding glass door to the rear grounds with a patio area & lush level lawn. With less than one mile to Midtown Shopping Center, Greer Park, Winter Lodge, & a few miles to Lucie Stern Community Center, Children's Museum, Zoo and Library, this wonderful home is move-in ready & will bring pleasure for years to come! Excellent Palo Alto schools!

Last Agent to Sell the Property

Umang Sanchorawala

Compass License #01471341 Listed on: 10/20/2016

Compass

Last Buyer's Agent

Grace Sun

Compass License #01945799

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,535

Year Built

  • Built in 1977

Lot Details

  • 6,534 Sq Ft Lot
  • Fenced
  • Sprinklers on Timer
  • Back Yard
  • Zoning described as R1

Parking

  • 2 Car Attached Garage

Home Design

  • Ceiling Insulation
  • Wood Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,568 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Gas Fireplace
  • Double Pane Windows
  • Separate Family Room
  • Dining Room
  • Alarm System
  • Washer and Dryer

Kitchen

  • Electric Cooktop
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile
  • Slate Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Bathtub Includes Tile Surround

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan

Listing and Financial Details

  • Assessor Parcel Number 127-04-085

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,535

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Age: 39
  • Listing Class: Residential
  • Structure Sq Ft: 1568
  • Year Built: 1977
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Burning
  • Dining Room: No Formal Dining Room
  • Kitchen: Cooktop - Electric, Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Ice Maker, Island, Microwave, Refrigerator, Wine Refrigerator
  • Living Sq Ft: 1568
  • Stories: 1
  • Security: Security Alarm
  • Laundry: Washer / Dryer
  • Flooring: Hardwood, Slate, Tile
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Bathroom: Shower and Tub, Tile, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Wood Shakes / Shingles
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced, Sprinklers - Auto, Sprinklers - Lawn

Garage/Parking

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

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Skylight

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: 127-04-085
  • Lot Acres: 0.1500
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6525.29
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6525.29

Green Features

  • Energy Features: Ceiling Insulation, Double Pane Windows, Skylight

Multi Family

  • Utilities: Public Utilities

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
Oct 20, 2016
Closed on
Feb 16, 2017
Sold by
Srivastava Sanjay
Bought by
Gu Safei
Seller's Agent
Umang Sanchorawala
Compass
Buyer's Agent
Grace Sun
Compass
List Price
$2,295,000
Sold Price
$2,290,000
Premium/Discount to List
-$5,000
-0.22%
Current Estimated Value
$3,314,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,024,999
Avg. Annual Appreciation
4.36%

Purchase Details

Closed on
Mar 21, 2007
Sold by
Eng Gregory Carl and Eng Freda Charlene
Bought by
Srivastava Sanjay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 14, 1994
Sold by
Hanabusa David K and Hanabusa Ann F
Bought by
Eng Gregory Carl and Eng Freda Charlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
6.7%
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
Gu Safei $2,290,000 Chicago Title Company
Srivastava Sanjay $940,000 Chicago Title Company
Eng Gregory Carl $385,000 Santa Clara Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Srivastava Sanjay $417,000
Previous Owner Eng Gregory Carl $308,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/17/2017 02/17/17 Sold $2,290,000 -0.2% $1,460 / Sq Ft
12/30/2016 12/30/16 Pending -- -- --
10/20/2016 10/20/16 For Sale $2,295,000 -- $1,464 / 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 $31,535 $2,657,736 $2,454,637 $203,099
2024 $31,535 $2,605,624 $2,406,507 $199,117
2023 $31,070 $2,554,534 $2,359,321 $195,213
2022 $30,709 $2,504,446 $2,313,060 $191,386
2021 $30,103 $2,455,340 $2,267,706 $187,634
2020 $29,481 $2,430,165 $2,244,454 $185,711
2019 $29,154 $2,382,516 $2,200,446 $182,070
2018 $28,352 $2,335,800 $2,157,300 $178,500
2017 $13,720 $1,085,138 $759,599 $325,539
2016 $13,358 $1,063,861 $744,705 $319,156
2015 $13,224 $1,047,881 $733,519 $314,362
2014 $12,906 $1,027,356 $719,151 $308,205
Source: Public Records

Agents Affiliated with this Home

  • Umang Sanchorawala

    Seller's Agent in 2017

    Umang Sanchorawala

    Compass

    (650) 960-5363

    2 in this area

    52 Total Sales

    Umang Sanchorawala
    Section Image
  • Grace Sun

    Buyer's Agent in 2017

    Grace Sun

    Compass

    (626) 500-7082

    41 Total Sales

    Grace Sun
    Section Image
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Map

Source: MLSListings

MLS Number: ML81629135

MLSListings

APN: 127-04-085

California Santa Clara County Palo Alto 94303 Midtown Palo Alto

2960 Otterson Ct, Palo Alto, CA

This home is located at 2960 Otterson Ct, Palo Alto, CA 94303 since 20 October 2016 and is currently estimated at $3,314,999, approximately $2,114 per square foot. This property was built in 1977. 2960 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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