NOT LISTED FOR SALE

3023 Higgins Place Palo Alto, CA 94303

Midtown Palo Alto Neighborhood

Estimated Value: $2,691,000 - $3,492,000

3 Beds
1 Bath
1,014 Sq Ft
$3,026/Sq Ft Est. Value

Last Sold July 09, 2019

Last sale price $2,200,000 $2,170 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $19,906/month

8 Days on Market

Highlights

  • Eat-In Kitchen
  • Dining Room
  • 1-Story Property
  • Palo Verde Elementary School Rated A+
  • Wood Burning Fireplace

About This Home

As of July 2019

Midtown Stunner, this home was just remodeled in this sought-after neighborhood w- top-rated acclaimed Palo Alto schools. New floors span throughout along w- fresh paint in designer-selected colors. The floor-plan is open w-a tasteful remodeled quartz kitchen, designer backsplash, new cabinetry, new stainless-steel appliances, w- chrome hardware & fixtures. The modern fireplace enhances the ambiance in the living room. Brilliant natural light from large new dual pane windows throughout this 3-bedroom, 1-bath home w-potential expansion possibilities. The spacious & private back yard is a blank canvas, the new front yard was recently landscaped. Greer Park, is walking distance & offers 22-acres of multipurpose recreational activities, a childrens playground, two basketball courts, softball & soccer fields, picnic tables with barbecue pits (near the playground), and skateboard facility, 3 miles from the vibrant University Ave downtown shops & restaurants!

Last Agent to Sell the Property

Joe Velasco

Compass License #01309200 Listed on: 06/04/2019

Compass

Last Buyer's Agent

Joseph Arsenio

Bay East AOR License #01944608

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,983

Year Built

  • Built in 1953

Lot Details

  • 6,512 Sq Ft Lot
  • Zoning described as R1

Parking

  • 2 Car Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,014 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Dining Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • No Heating

Listing and Financial Details

  • Assessor Parcel Number 127-07-050

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,983

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 66
  • Listing Class: Residential
  • Structure Sq Ft: 1014
  • Year Built: 1953
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Eat in Kitchen, No Formal Dining Room
  • Living Sq Ft: 1014
  • Stories: 1
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

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

Utilities

  • Heating System: No Heating
  • Sewer/Septic System: Sewer - Public

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: 127-07-050
  • Lot Acres: 0.1495
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6512.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6512.00

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
Jun 4, 2019
Closed on
Jun 17, 2019
Sold by
Velasco Group Inc
Bought by
Naungjumnong Satit and Naungjumnong Piangjit
Seller's Agent
Joe Velasco
Compass
Buyer's Agent
Joseph Arsenio
Bay East AOR
List Price
$1,999,888
Sold Price
$2,200,000
Premium/Discount to List
$200,112
10.01%
Current Estimated Value
$3,164,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$964,147
Avg. Annual Appreciation
5.99%
Original Mortgage
$1,370,000
Outstanding Balance
$1,214,665
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$1,919,879

Purchase Details

Closed on
Apr 2, 2019
Sold by
Brown William J
Bought by
Nirmana Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,695,950
Interest Rate
4.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 1, 2010
Sold by
Brown William J
Bought by
Brown William J

Purchase Details

Closed on
Jun 15, 2004
Sold by
Brown Harold
Bought by
Brown William J
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Naungjumnong Satit $2,200,000 Stewart Title Of Ca Inc
Nirmana Llc $1,875,000 Chicago Title Company
Brown William J -- None Available
Brown William J -- --
Brown Harold -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Naungjumnong Satit $758,000
Open Naungjumnong Satit $1,370,000
Previous Owner Nirmana Llc $1,695,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2019 07/09/19 Sold $2,200,000 +10.0% $2,170 / Sq Ft
06/13/2019 06/13/19 Pending -- -- --
06/04/2019 06/04/19 For Sale $1,999,888 -- $1,972 / 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
2024 $30,983 $2,558,598 $2,305,233 $253,365
2023 $30,526 $2,508,431 $2,260,033 $248,398
2022 $30,171 $2,459,247 $2,215,719 $243,528
2021 $27,335 $2,222,792 $2,172,274 $50,518
2020 $26,771 $2,200,000 $2,150,000 $50,000
2019 $806 $64,779 $32,907 $31,872
2018 $797 $63,510 $32,262 $31,248
2017 $782 $62,266 $31,630 $30,636
2016 $1,521 $61,046 $31,010 $30,036
2015 $1,498 $60,130 $30,545 $29,585
2014 $1,367 $58,953 $29,947 $29,006
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    Joe Velasco

    Compass

    Section Image

  • J

    Buyer's Agent in 2019

    Joseph Arsenio

    Bay East AOR

  • S

    Buyer's Agent in 2019

    Shalamar Hill

    CA-RES

See All Agents

Map

Source: MLSListings

MLS Number: ML81755007

MLSListings

APN: 127-07-050

California Santa Clara County Palo Alto 94303 Midtown Palo Alto

3023 Higgins Place, Palo Alto, CA

This home is located at 3023 Higgins Place, Palo Alto, CA 94303 since 04 June 2019 and is currently estimated at $3,067,934, approximately $3,025 per square foot. This property was built in 1953. 3023 Higgins Place 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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