NOT LISTED FOR SALE

Estimated Value: $5,609,000 - $6,423,000

5 Beds
4.5 Baths
3,477 Sq Ft
$1,746/Sq Ft Est. Value

Last Sold May 22, 2013

Last sale price $3,400,000 $978 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $36,914/month

15 Days on Market

Highlights

  • Primary Bedroom Suite
  • Marble Flooring
  • Mediterranean Architecture
  • Palo Verde Elementary School Rated A+
  • Hydromassage or Jetted Bathtub
  • Covered Patio or Porch

About This Home

As of May 2013

Generous dimensions & fluid floor plan. This 6-yr custom built home is the epitome of luxury balanced with easy California living. Out of 5 bedrooms, 3 are suites (1 on 1st floor & 2 upstairs). 2 family rooms (1 on each floor) plus office. Extra 226+-sf covered back porch. A true park-like backyard w/manicured grounds & possible pool site. Top-of-the-line consturction. sf including 2-car garage

Last Agent to Sell the Property

Julie Lau

Coldwell Banker Realty License #01052924 Listed on: 04/30/2013

Coldwell Banker Realty

Last Buyer's Agent

Hanna Shacham

Coldwell Banker Realty License #01073658

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $49,139

Year Built

  • Built in 2007

Lot Details

  • Fenced
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Zoning described as R1

Parking

  • 2 Car Attached Garage

Home Design

  • Mediterranean Architecture
  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,477 Sq Ft Home
  • 2-Story Property
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Security System Owned

Kitchen

  • Breakfast Area or Nook
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Marble
  • Tile
  • Slate Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Walk-in Shower

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • 220 Volts
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 127-58-053

Home Details

Home Type

Single Family

Est. Annual Taxes

$49,139

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Mediterranean
  • Age: 6
  • Sale Price Per Sq Ft: 977.85
  • Level Street Main: 2 or more Primary Suites
  • Listing Class: Residential
  • Structure Sq Ft: 3477
  • Barclay Horizontal: 12
  • Barclays Page: 12
  • Incorporated: Yes
  • Map Book Page: 791
  • Map Book Page Secondary: 12
  • Map Side Coordinate: 6
  • Map Side Coordinate Secondary: 82
  • Map Top Coordinate: D
  • Map Top Coordinate Secondary: 12
  • Thomas Bros Page: 791
  • Thomas Brothers: D6
  • Year Built: 2007
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Living Room, Gas Log, Yes
  • Dining Room: Formal Dining Room, Breakfast Nook
  • Kitchen: Dishwasher, Cooktop, Garbage Disposal, Refrigerator, Microwave, Ovens - 2+, 220 Volt Outlet
  • Living Sq Ft: 3477
  • Stories: 2
  • Security: Security Alarm - Owned
  • Bedrooms: Primary Suite / Retreate - 2+
  • Laundry: 220 Volt Outlet
  • Flooring: Slate, Tile, Carpet - Wall to Wall, Hardwood, Marble
  • Maximum Bathrooms: 5
  • Maximum Numberof Bedrooms: 5
  • Minimum Bathrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Bathroom: Showers over Tubs - 2+, Tubs - 1, Stall Shower, Tub in Primary Bedroom, Tub with Jets

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Pool - No
  • Roof: Tile
  • Yard/Grounds: Patio(s), Patio(s)/Deck(s) - Covered, Sprinkler(s) - Front, Sprinkler(s) - Rear, Sprinklers - Auto, Fenced
  • Exterior: Stucco

Garage/Parking

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

Utilities

  • Cooling System: Central AC
  • Heating System: Heating - 2+ Zones, Forced Air
  • Sewer/Septic System: Sewer in Street, Sewer Connected

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: 127-58-053
  • List Price per Sq Ft: 891.00
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9360.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 9360.00
  • Lot Size Area Min Search: 9360.00
  • Maximum Lot Size: 9360.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Multi Family

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

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

Closed on
Dec 24, 2013
Sold by
Pasternak Eliezer and Pasternak Carmela
Bought by
Pasternak Eliezer and Pasternak Carmela
Current Estimated Value
$6,070,063

Purchase Details

Listed on
Apr 30, 2013
Closed on
May 19, 2013
Sold by
Gao Wei Qiang and Zheng Junjie Lisa
Bought by
The Yael Pasternak 2000 Irrevocable Trus and Pasternak Eliezer
Seller's Agent
Julie Lau
Coldwell Banker Realty
Buyer's Agent
Hanna Shacham
Coldwell Banker Realty
List Price
$3,098,000
Sold Price
$3,400,000
Premium/Discount to List
$302,000
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
4.82%

Purchase Details

Closed on
Oct 7, 2010
Sold by
Gao Wei Qiang and Zheng Junjie Lisa
Bought by
Gao Wei Qiang and Zheng Junjie Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$765,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 8, 2008
Sold by
Gao Wei Qiang and Zheng Junjie Lisa
Bought by
Gao Wei Qiang and Zheng Junjie Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$973,000
Interest Rate
5.5%
Mortgage Type
Unknown

Purchase Details

Closed on
May 4, 2007
Sold by
Gao Wei Qiang and Zheng Junjie Lisa
Bought by
Gao Wei Qiang and Zheng Junjie Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
1.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2006
Sold by
Gao Wei Qiang and Zheng Junjie Lisa
Bought by
Gao Wei Qiang and Zheng Junjie Lisa

Purchase Details

Closed on
Jun 6, 2005
Sold by
Burkhart Julie Cannon
Bought by
Gao Wei Qiang and Zheng Junjie Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
1%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 28, 2005
Sold by
Burkhart Julie Cannon
Bought by
Burkhart Julie C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.69%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 8, 2004
Sold by
Burkhart Robert William
Bought by
Burkhart Julie Cannon
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
Pasternak Eliezer -- None Available
The Yael Pasternak 2000 Irrevocable Trus $3,399,750 Chicago Title Company
Gao Wei Qiang -- First American Title Company
Gao Wei Qiang -- First American Title Company
Gao Wei Qiang -- None Available
Gao Wei Qiang -- First American Title
Gao Wei Qiang -- None Available
Gao Wei Qiang $1,255,000 First American Title Company
Burkhart Julie C -- --
Burkhart Julie Cannon -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gao Wei Qiang $765,000
Previous Owner Gao Wei Qiang $250,000
Previous Owner Gao Wei Qiang $973,000
Previous Owner Gao Wei Qiang $973,000
Previous Owner Gao Wei Qiang $1,000,000
Previous Owner Gao Wei Qiang $800,000
Previous Owner Gao Wei Qiang $1,000,000
Previous Owner Gao Wei Qiang $1,000,000
Previous Owner Burkhart Julie Cannon $250,000
Previous Owner Burkhart Robert William $322,700
Previous Owner Burkhart Robert William $300,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2013 05/22/13 Sold $3,400,000 +9.7% $978 / Sq Ft
05/15/2013 05/15/13 Pending -- -- --
05/14/2013 05/14/13 For Sale $3,098,000 0.0% $891 / Sq Ft
05/11/2013 05/11/13 Pending -- -- --
04/30/2013 04/30/13 For Sale $3,098,000 -- $891 / 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 $49,139 $4,186,847 $2,278,136 $1,908,711
2024 $49,139 $4,104,753 $2,233,467 $1,871,286
2023 $48,418 $4,024,269 $2,189,674 $1,834,595
2022 $47,863 $3,945,363 $2,146,740 $1,798,623
2021 $46,920 $3,868,004 $2,104,648 $1,763,356
2020 $45,939 $3,828,343 $2,083,068 $1,745,275
2019 $45,435 $3,753,278 $2,042,224 $1,711,054
2018 $44,173 $3,679,685 $2,002,181 $1,677,504
2017 $43,398 $3,607,535 $1,962,923 $1,644,612
2016 $42,264 $3,536,800 $1,924,435 $1,612,365
2015 $41,857 $3,483,675 $1,895,529 $1,588,146
2014 $41,076 $3,415,436 $1,858,399 $1,557,037
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81314362

MLSListings

APN: 127-58-053