306 Iris Way Palo Alto, CA 94303
Duveneck-Saint Francis Neighborhood
3
Beds
2
Baths
1,714
Sq Ft
5,719
Sq Ft Lot
Highlights
- Wood Flooring
- Forced Air Heating and Cooling System
- Dining Area
- Duveneck Elementary School Rated A+
- Separate Family Room
About This Home
As of October 2024Available for the first time in over 50 years, this enchanting 3BR/2BA storybook home in the coveted Duveneck/St. Francis neighborhood has been lovingly maintained and exquisitely renovated. Gracefully poised on a picturesque, tree-lined street and surrounded by meticulously landscaped gardens, this residence artfully marries classic elegance with refined modernity. Alluring natural light enhances the elegant oak floors, vaulted ceilings, charming alcoves, built-in cabinetry, and distinctive architectural elements. The expansive living room, highlighted by a timeless brick fireplace, flows effortlessly into a magnificent kitchen that extends into a versatile family room or dining area. French doors lead to a tranquil, private backyard, enhancing the seamless indoor-outdoor living experience. Down the hallway, a secluded bedroom with an adjacent sitting area or office with exclusive yard access offers a perfect retreat, complemented by a sublime bathroom. Ascend the staircase to discover two grand scale bedrooms and another superbly remodeled bathroom. Within walking distance to top-rated Duveneck Elementary and Greene Middle School, as well as Rinconada and Pardee parks, the library, restaurants, and shopping, this home is truly an extraordinary offering.
Last Buyer's Agent
Sean Chen
Intero Real Estate Services License #02022634
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,859
Year Built
- Built in 1948
Lot Details
- 5,719 Sq Ft Lot
- Zoning described as R1
Parking
- 1 Car Garage
Home Design
- Shake Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1,714 Sq Ft Home
- 2-Story Property
- Separate Family Room
- Living Room with Fireplace
- Dining Area
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Utilities
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 003-41-023
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 20, 2024
Closed on
Oct 9, 2024
Sold by
Bethke Family Revocable Trust and Bethke Frank J
Bought by
Li Zimu and Liu Mandie
Seller's Agent
Nicholas Delis
Compass
Buyer's Agent
Sean Chen
Intero Real Estate Services
List Price
$3,598,000
Sold Price
$3,880,000
Premium/Discount to List
$282,000
7.84%
Total Days on Market
10
Views
89
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$84,756
Avg. Annual Appreciation
-3.56%
Original Mortgage
$2,770,000
Outstanding Balance
$2,753,530
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$1,041,714
Similar Homes in Palo Alto, CA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $3,880,000 | Homelight Title & Escrow Compa |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,770,000 | New Conventional | |
| Previous Owner | $300,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/31/2024 10/31/24 | Sold | $3,880,000 | +7.8% | $2,264 / Sq Ft |
| 10/01/2024 10/01/24 | Pending | -- | -- | -- |
| 09/20/2024 09/20/24 | For Sale | $3,598,000 | -- | $2,099 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
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 | $2,859 | $156,767 | $45,726 | $111,041 |
| 2023 | $2,813 | $153,694 | $44,830 | $108,864 |
| 2022 | $2,772 | $150,681 | $43,951 | $106,730 |
| 2021 | $2,716 | $147,728 | $43,090 | $104,638 |
| 2020 | $2,677 | $146,215 | $42,649 | $103,566 |
| 2019 | $2,642 | $143,349 | $41,813 | $101,536 |
| 2018 | $2,508 | $140,540 | $40,994 | $99,546 |
| 2017 | $2,461 | $137,786 | $40,191 | $97,595 |
| 2016 | $2,389 | $135,085 | $39,403 | $95,682 |
| 2015 | $2,357 | $133,057 | $38,812 | $94,245 |
| 2014 | $2,213 | $130,451 | $38,052 | $92,399 |
Source: Public Records
Agents Affiliated with this Home
-
Nicholas Delis
Seller's Agent in 2024
Nicholas Delis
Compass
(650) 515-6394
1 in this area
168 Total Sales
-
Buyer's Agent in 2024
Sean Chen
Intero Real Estate Services
(650) 668-8888
1 in this area
355 Total Sales
-
Buyer Co-Listing Agent in 2024
Cindy Yang
Intero Real Estate Services
(650) 229-9447
1 in this area
138 Total Sales
Map
Source: MLSListings
MLS Number: ML81981036
APN: 003-41-023
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