NOT LISTED FOR SALE

308 Lincoln Ave Palo Alto, CA 94301

University South Neighborhood

Estimated Value: $4,767,000 - $5,664,000

5 Beds
3 Baths
2,440 Sq Ft
$2,091/Sq Ft Est. Value

Last Sold September 13, 2012

Last sale price $2,550,000 $1,045 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $30,886/month

21 Days on Market

Highlights

  • Colonial Architecture
  • Living Room with Fireplace
  • Den
  • Addison Elementary School Rated A+
  • Wood Flooring
  • 4-minute walk to Scott Park

About This Home

As of September 2012

Historical 1902 Professorville home built by renowned builder, Gustav Laumeister ~ 5 bedrooms and 2 full bathrooms upstairs with porch off one of the rooms ~ Office / 6th bedroom, full bathroom and laundry room on 1st floor off of Kitchen ~ undeveloped basement used as workshop, safe room & storage 1-car detached "carriage house" and carport ~ expansive brick patio ~ mature trees and landscaping

Last Agent to Sell the Property

Edward Paulin

Compass License #01435455 Listed on: 07/09/2012

Compass

Last Buyer's Agent

Jean-Luc Laminette

Intero Real Estate Services License #01847917

Intero Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,089

Year Built

  • Built in 1903

Lot Details

  • Level Lot
  • Zoning described as R192

Parking

  • 1 Car Detached Garage
  • 1 Carport Space

Home Design

  • Colonial Architecture
  • Pillar, Post or Pier Foundation
  • Masonry Perimeter Foundation
  • Composition Roof

Interior Spaces

  • 2,440 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Workshop

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating System
  • Sewer Within 50 Feet

Additional Features

  • Energy-Efficient Insulation
  • Barbecue Area

Listing and Financial Details

  • Assessor Parcel Number 120-18-041

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,089

Year Built

Built in 1903

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Colonial
  • Age: 109
  • Sale Price Per Sq Ft: 1045.08
  • Listing Class: Residential
  • Structure Sq Ft: 2440
  • Builder Architect: Gustav Laumeister
  • Barclay Horizontal: 9
  • Barclays Page: 12
  • Incorporated: Yes
  • Map Book Page: 791
  • Map Book Page Secondary: 12
  • Map Side Coordinate: 5
  • Map Side Coordinate Secondary: 83
  • Map Top Coordinate: A
  • Map Top Coordinate Secondary: 9
  • Thomas Bros Page: 791
  • Thomas Brothers: A5
  • Year Built: 1903
  • Zoning Description: R192
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Fireplace: Living Room, Wood Burning, Yes
  • Dining Room: Formal Dining Room, Eat in Kitchen
  • Kitchen: Dishwasher, Garbage Disposal, Refrigerator, Oven Range
  • Living Sq Ft: 2440
  • Stories: 2
  • Laundry: In Laundry Room, Dryer, Washer
  • Flooring: Hardwood, Vinyl / Linoleum
  • Additional Rooms: Workshop, Den / Study / Office, Basement - Partial
  • Maximum Bathrooms: 3
  • Maximum Numberof Bedrooms: 5
  • Minimum Bathrooms: 3
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Bathroom: Showers over Tubs - 2+, Tubs - 2+, Stall Shower

Exterior Features

  • Foundation: Masonry Perimeter, Post and Pier
  • Pool Description: Pool - No
  • Roof: Composition
  • View: Local/Neighborhood
  • Yard/Grounds: Patio(s), BBQ Area
  • Exterior: Wood, Shingles

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Detached Garage
  • Carport Max: 1
  • Carport Min: 1

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Window Covering(s)

Schools

  • School District: Palo Alto Unified
  • Elementary School: Addison Elementary
  • Middle School: David Starr Jordan Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 309
  • Middle School: 329

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 120-18-041
  • Lot Location: Corner
  • List Price per Sq Ft: 1147.54
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9300.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 9300.00
  • Lot Size Area Min Search: 9300.00
  • Maximum Lot Size: 9300.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Green Features

  • Energy Features: Insulation - Unknown, Skylight Tube(s)

Multi Family

  • Maximum Building Height: 2
  • Minimum Building Height: 2

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Addison Elementary
  • High School Text: Palo Alto High
  • Middle School Text: David Starr Jordan Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2024
Sold by
Corey Brandon J and Corey Jennifer Rhoades
Bought by
Corey Family Trust and Corey
Current Estimated Value
$5,101,256

Purchase Details

Listed on
Jul 9, 2012
Closed on
Sep 7, 2012
Sold by
Morse Douglas G
Bought by
Corey Brandon J and Corey Jennifer Rhoades
Seller's Agent
Edward Paulin
Compass
Buyer's Agent
Jean-Luc Laminette
Intero Real Estate Services
List Price
$2,800,000
Sold Price
$2,550,000
Premium/Discount to List
-$250,000
-8.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.50%
Original Mortgage
$1,912,500
Interest Rate
3.25%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Corey Family Trust -- None Listed On Document
Corey Brandon J $2,549,750 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Corey Brandon J $1,700,000
Previous Owner Corey Brandon J $1,912,500
Previous Owner Morse Lydia Griffin $218,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2012 09/13/12 Sold $2,550,000 -8.9% $1,045 / Sq Ft
07/30/2012 07/30/12 Pending -- -- --
07/09/2012 07/09/12 For Sale $2,800,000 -- $1,148 / 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 $37,089 $3,140,135 $3,078,568 $61,567
2024 $37,089 $3,078,564 $3,018,204 $60,360
2023 $36,543 $3,018,201 $2,959,024 $59,177
2022 $36,121 $2,959,021 $2,901,004 $58,017
2021 $35,409 $2,901,002 $2,844,122 $56,880
2020 $34,673 $2,871,257 $2,814,960 $56,297
2019 $34,291 $2,814,959 $2,759,765 $55,194
2018 $33,343 $2,759,764 $2,705,652 $54,112
2017 $32,757 $2,705,651 $2,652,600 $53,051
2016 $31,900 $2,652,600 $2,600,589 $52,011
2015 $31,590 $2,612,756 $2,561,526 $51,230
2014 $30,974 $2,561,577 $2,511,350 $50,227
Source: Public Records

Agents Affiliated with this Home

  • Edward Paulin

    Seller's Agent in 2012

    Edward Paulin

    Compass

    (650) 766-6325

    29 Total Sales

    Edward Paulin
    Section Image

  • J

    Buyer's Agent in 2012

    Jean-Luc Laminette

    Intero Real Estate Services

    Section Image
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Map

Source: MLSListings

MLS Number: ML81225904

MLSListings

APN: 120-18-041

California Santa Clara County Palo Alto 94301 University South

308 Lincoln Ave, Palo Alto, CA

This home is located at 308 Lincoln Ave, Palo Alto, CA 94301 since 09 July 2012 and is currently estimated at $5,101,256, approximately $2,090 per square foot. This property was built in 1903. 308 Lincoln Ave is a home located in Santa Clara County with nearby schools including Addison Elementary School, Frank S. Greene Jr. Middle, and Palo Alto High School.

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