NOT LISTED FOR SALE

Estimated Value: $3,419,000 - $4,026,000

4 Beds
2 Baths
1,850 Sq Ft
$1,992/Sq Ft Est. Value

Last Sold October 30, 2015

Last sale price $2,195,000 $1,186 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $22,253/month

7 Days on Market

Highlights

  • Wood Flooring
  • Open to Family Room
  • Wood Burning Fireplace
  • Palo Verde Elementary School Rated A+
  • Family or Dining Combination
  • 3-minute walk to Henry Seale Park

About This Home

As of October 2015

This home is located at 3040 Greer Rd, Palo Alto, CA 94303 since 16 September 2015 and is currently estimated at $3,684,478, approximately $1,991 per square foot. This property was built in 1959. 3040 Greer Rd 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.

Last Agent to Sell the Property

Pat Kalish

Compass License #00702818 Listed on: 09/16/2015

Compass

Last Buyer's Agent

RECIP

Out of Area Office License #00000000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,934

Year Built

  • Built in 1959

Lot Details

  • Zoning described as R1

Parking

  • 2 Car Garage

Home Design

  • Slab Foundation
  • Foam Roof

Interior Spaces

  • 1,850 Sq Ft Home
  • Wood Burning Fireplace
  • Family or Dining Combination
  • Wood Flooring

Kitchen

  • Open to Family Room
  • Electric Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Vented Exhaust Fan
  • Radiant Heating System
  • 220 Volts
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 127-07-069

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,934

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 56
  • Listing Class: Residential
  • Structure Sq Ft: 1850
  • Year Built: 1959
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Wood Burning
  • Dining Room: Dining Area in Family Room
  • Kitchen: 220 Volt Outlet, Cooktop - Electric, Dishwasher, Exhaust Fan
  • Living Sq Ft: 1850
  • Flooring: Hardwood
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Foam

Garage/Parking

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

Utilities

  • Heating System: Radiant
  • Sewer/Septic System: Sewer in Street

Schools

  • School District: Palo Alto Unified

Lot Info

  • Parcel Number: 127-07-069
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6534.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6534.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 2, 2020
Sold by
Muppidi Srikanth and Muppidi Kavitha
Bought by
Muppidi And Annamaneni Trust and Muppidi
Current Estimated Value
$3,610,856

Purchase Details

Listed on
Sep 16, 2015
Closed on
Oct 26, 2015
Sold by
Bjorkman Olle and Bjorkman Monika
Bought by
Muppidi Srikanth and Annamaneni Kavitha
Seller's Agent
Pat Kalish
Compass
Buyer's Agent
RECIP
Out of Area Office
List Price
$2,000,000
Sold Price
$2,195,000
Premium/Discount to List
$195,000
9.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.33%
Original Mortgage
$250,000
Interest Rate
3.81%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 10, 2003
Sold by
Bjorkman Ollie and Bjorkman Monika
Bought by
Bjorkman Olle and Bjorkman Monika
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
Muppidi And Annamaneni Trust -- Johnson Sabrina M
Muppidi Srikanth $2,195,000 Chicago Title Company
Bjorkman Olle -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Muppidi Srikanth $1,173,004
Previous Owner Muppidi Ikanth $1,273,000
Previous Owner Muppidi Srikanth $250,000
Previous Owner Muppidi Srikanth $1,295,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2015 10/30/15 Sold $2,195,000 +9.8% $1,186 / Sq Ft
09/24/2015 09/24/15 Pending -- -- --
09/16/2015 09/16/15 For Sale $2,000,000 -- $1,081 / 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 $30,934 $2,598,428 $1,818,900 $779,528
2024 $30,934 $2,547,480 $1,783,236 $764,244
2023 $30,479 $2,497,530 $1,748,271 $749,259
2022 $30,127 $2,448,560 $1,713,992 $734,568
2021 $29,534 $2,400,550 $1,680,385 $720,165
2020 $28,842 $2,375,936 $1,663,155 $712,781
2019 $28,523 $2,329,350 $1,630,545 $698,805
2018 $27,738 $2,283,677 $1,598,574 $685,103
2017 $27,251 $2,238,900 $1,567,230 $671,670
2016 $26,552 $2,195,000 $1,536,500 $658,500
2015 $1,945 $98,057 $31,506 $66,551
2014 $1,807 $96,137 $30,889 $65,248
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81514932

MLSListings

APN: 127-07-069