NOT LISTED FOR SALE

309 El Verano Ave Palo Alto, CA 94306

South of Midtown Neighborhood

Estimated Value: $3,074,592 - $3,249,000

3 Beds
1 Bath
1,137 Sq Ft
$2,786/Sq Ft Est. Value

Last Sold November 30, 2018

Last sale price $2,510,000 $2,208 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $19,436/month

5 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Attached Garage
  • Ceramic Countertops
  • El Carmelo Elementary School Rated A+
  • Bathtub with Shower
  • Forced Air Heating System

About This Home

As of November 2018

Light and bright three bedroom home in a fabulous central Midtown Palo Alto location. Located on the corner of Bryant and El Verano, this charming home offers endless possibilities to live in as is, expand or build new. With new hardwood floors and a freshly painted interior, this home is ready to move in. Nicely sited on a 6250 +/- sq ft lot, there is ample space for play areas, gardens and entertaining areas. This prime central location provides easy access to highly regarded Palo Alto schools, the shops and restaurants on California Avenue, Hoover Park and the Mitchell Park Community Center.

Last Agent to Sell the Property

Ellen Ashley

Compass License #01364212 Listed on: 11/01/2018

Compass

Last Buyer's Agent

Xin Jiang

Compass License #01961451

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $33,268

Year Built

  • Built in 1949

Lot Details

  • 6,251 Sq Ft Lot
  • Level Lot
  • Zoning described as R1

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,137 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Combination Dining and Living Room
  • Laundry in Garage

Kitchen

  • Gas Oven
  • Ceramic Countertops

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 132-21-023

Home Details

Home Type

Single Family

Est. Annual Taxes

$33,268

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 1137
  • Year Built: 1949
  • 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: Countertop - Ceramic, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 1137
  • Stories: 1
  • Bedrooms: Primary Bedroom on Ground Floor
  • Laundry: In Garage
  • Flooring: Vinyl / Linoleum, Wood
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Shower over Tub - 1
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

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

Utilities

  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer Connected

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 132-21-023
  • Lot Acres: 0.1435
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6250.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6250.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2018
Closed on
Nov 26, 2018
Sold by
Brien Eileen T O
Bought by
Zhang Qianli and Qiu Yunfeng
Seller's Agent
Ellen Ashley
Compass
Buyer's Agent
Xin Jiang
Compass
List Price
$2,388,000
Sold Price
$2,510,000
Premium/Discount to List
$122,000
5.11%
Current Estimated Value
$3,167,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$657,898
Avg. Annual Appreciation
3.42%
Original Mortgage
$1,525,000
Outstanding Balance
$1,322,235
Interest Rate
4.04%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,845,663

Purchase Details

Closed on
Oct 26, 2016
Sold by
Macdonald Gertrude E
Bought by
Macdonald Gertrude E
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
Zhang Qianli $2,510,000 Lawyers Title Co
Macdonald Gertrude E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Qianli $1,525,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2018 11/30/18 Sold $2,510,000 +5.1% $2,208 / Sq Ft
11/07/2018 11/07/18 Pending -- -- --
11/01/2018 11/01/18 For Sale $2,388,000 -- $2,100 / 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 $33,268 $2,799,946 $2,727,441 $72,505
2024 $33,268 $2,745,046 $2,673,962 $71,084
2023 $32,683 $2,691,223 $2,621,532 $69,691
2022 $32,305 $2,638,455 $2,570,130 $68,325
2021 $31,667 $2,586,722 $2,519,736 $66,986
2020 $31,011 $82,120 $36,306 $45,814
2019 $993 $80,511 $35,595 $44,916
2018 $1,061 $78,934 $34,898 $44,036
2017 $960 $77,387 $34,214 $43,173
2016 $922 $75,871 $33,544 $42,327
2015 $1,670 $74,733 $33,041 $41,692
2014 $899 $73,270 $32,394 $40,876
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2018

    Ellen Ashley

    Compass

    Section Image
  • Xin Jiang

    Buyer's Agent in 2018

    Xin Jiang

    Compass

    (650) 283-8379

    3 in this area

    63 Total Sales

    Xin Jiang
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81729760

MLSListings

APN: 132-21-023

California Santa Clara County Palo Alto 94306 South of Midtown

309 El Verano Ave, Palo Alto, CA

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