NOT LISTED FOR SALE

Estimated Value: $3,263,000 - $6,001,261

3 Beds
1 Bath
1,064 Sq Ft
$4,573/Sq Ft Est. Value

Last Sold April 20, 2016

Last sale price $2,580,000 $2,425 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $30,923/month

6 Days on Market

Highlights

  • Traditional Architecture
  • Granite Countertops
  • Bathtub with Shower
  • El Carmelo Elementary School Rated A+
  • 1 Car Attached Garage
  • Tile Flooring

About This Home

As of April 2016

Exceptional Midtown Opportunity on a beautiful tree-lined street! This outstanding property is ideally located on one of Midtown's finest streets – central yet quiet, within minutes of Stanford University and renowned tech companies, as well as nearby schools, parks and shopping. Charming and well maintained home is ready to move in and enjoy yet also offers abundant possibilities to expand or rebuild. Make this peaceful, central location and inviting home your own!

Last Agent to Sell the Property

Tim Foy

Midtown Realty License #00849721 Listed on: 03/02/2016

Last Buyer's Agent

Deepak H Chandani

Anthem Realty License #01240105

Anthem Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $63,948

Year Built

  • Built in 1952

Lot Details

  • 6,447 Sq Ft Lot
  • Fenced
  • Back Yard
  • Zoning described as R1

Parking

  • 1 Car Attached Garage

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,064 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Combination Dining and Living Room
  • Washer and Dryer Hookup

Kitchen

  • Electric Oven
  • Dishwasher
  • Granite Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Utilities

  • Forced Air Heating System
  • 220 Volts

Listing and Financial Details

  • Assessor Parcel Number 132-47-037

Home Details

Home Type

Single Family

Est. Annual Taxes

$63,948

Year Built

Built in 1952

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Traditional
  • Listing Class: Residential
  • Structure Sq Ft: 1064
  • Year Built: 1952
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining Area in Living Room
  • Kitchen: 220 Volt Outlet, Countertop - Granite, Dishwasher, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 1064
  • Stories: 1
  • Laundry: Hookup - Washer/Dryer
  • Flooring: Laminate, Tile
  • Fireplaces Min: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Shower and Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • Yard/Grounds: Back Yard, Fenced
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 1
  • Garage Parking Features: Attached Garage

Utilities

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

Lot Info

  • Parcel Number: 132-47-037
  • Lot Acres: 0.1480
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6432.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6432.00

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
Jul 19, 2017
Sold by
Seth Shashi
Bought by
Seth Shashi and The Shashi Seth Revocable Livi
Current Estimated Value
$4,865,565

Purchase Details

Listed on
Mar 2, 2016
Closed on
Apr 19, 2016
Sold by
Seth Shashi
Bought by
Seth Shashi
Seller's Agent
Tim Foy
Midtown Realty
Buyer's Agent
Deepak H Chandani
Anthem Realty
List Price
$2,388,000
Sold Price
$2,580,000
Premium/Discount to List
$192,000
8.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.88%
Original Mortgage
$1,806,000
Outstanding Balance
$1,407,819
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,457,746

Purchase Details

Listed on
Mar 2, 2016
Closed on
Apr 6, 2016
Sold by
Buzi Admon and Buzi Mariam
Bought by
Seth Shashi
Seller's Agent
Tim Foy
Midtown Realty
Buyer's Agent
Deepak H Chandani
Anthem Realty
List Price
$2,388,000
Sold Price
$2,580,000
Premium/Discount to List
$192,000
8.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,806,000
Outstanding Balance
$1,407,819
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,457,746

Purchase Details

Closed on
Aug 18, 2015
Sold by
Buzi Jason
Bought by
The Buzi Family Trust

Purchase Details

Closed on
Oct 10, 2013
Sold by
Lewis Robert L and The Julien B Lewis Trust
Bought by
Buzi Jason and Buzi Admon

Purchase Details

Closed on
Dec 17, 2004
Sold by
Lewis Julien B
Bought by
Lewis Julien B and The Julien B Lewis Trust
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
Seth Shashi -- None Available
Seth Shashi -- First American Title Company
Seth Shashi $2,580,000 First American Title Company
The Buzi Family Trust $150,000 First American Title Company
Buzi Jason $1,550,000 First American Title Company
Lewis Julien B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seth Shashi $1,806,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2016 04/20/16 Sold $2,580,000 +8.0% $2,425 / Sq Ft
03/09/2016 03/09/16 Pending -- -- --
03/02/2016 03/02/16 For Sale $2,388,000 -- $2,244 / 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 $63,948 $5,465,993 $2,900,301 $2,565,692
2024 $63,948 $5,358,818 $2,843,433 $2,515,385
2023 $63,013 $5,253,744 $2,787,680 $2,466,064
2022 $62,295 $5,150,730 $2,733,020 $2,417,710
2021 $61,070 $5,049,736 $2,679,432 $2,370,304
2020 $59,790 $4,997,958 $2,651,958 $2,346,000
2019 $40,462 $3,327,559 $2,599,959 $727,600
2018 $30,975 $2,548,980 $2,548,980 $0
2017 $31,966 $2,631,600 $2,499,000 $132,600
2016 $19,702 $1,605,076 $1,465,280 $139,796
2015 $19,509 $1,580,968 $790,484 $790,484
2014 $19,089 $1,550,000 $775,000 $775,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81563341

MLSListings

APN: 132-47-037