NOT LISTED FOR SALE

3120 Alexis Dr Palo Alto, CA 94304

Estimated Value: $6,868,000 - $12,133,670

7 Beds
11 Baths
9,478 Sq Ft
$1,002/Sq Ft Est. Value

Last Sold March 28, 2018

Last sale price $8,749,440 $923 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $59,610/month

20 Days on Market

Highlights

  • Wine Cellar
  • Bay View
  • Wood Flooring
  • Lucille M. Nixon Elementary School Rated A+
  • Contemporary Architecture
  • Main Floor Bedroom

About This Home

As of March 2018

Offering expansive rooms with high ceilings and magnificent views, this stunning, custom-built home creates a serene and peaceful atmosphere tucked away in the prestigious Palo Alto Hills. The flowing floor-plan of approximately 8754 sq. ft. includes 6 bedrooms, 8 full baths and 2 half baths in the main home plus a separate guest quarter of 724 sq. ft. (+/-) with full bath and kitchenette. The first floor features formal living and dining rooms, expansive chef's kitchen with multiple casual dining spots, sunlit family room, office, butler's pantry, bedroom suite and half bath. The second floor includes master suite with his and her baths, two additional bedrooms suites and laundry. The lower level offers a game/exercise room, two bedroom suites, wine alcove, spacious media/entertainment room, second laundry and half bath. An elevator services all three levels. The large back gardens with multiple patios boast fabulous city, bay and hill views.

Last Agent to Sell the Property

Grace Wu

Compass License #00886757 Listed on: 02/07/2018

Last Buyer's Agent

RECIP

Out of Area Office License #00000000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $117,398

Year Built

  • Built in 2013

Lot Details

  • 0.64 Acre Lot
  • Lot Sloped Up
  • Sprinklers on Timer
  • Mostly Level
  • Back Yard Fenced
  • Zoning described as PC

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Electric Gate
  • Secured Garage or Parking

Property Views

  • Bay
  • City Lights
  • Mountain

Home Design

  • Contemporary Architecture
  • Ceiling Insulation
  • Metal Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 9,478 Sq Ft Home
  • 2-Story Property
  • Entertainment System
  • Wired For Sound
  • High Ceiling
  • Circular Fireplace
  • Double Pane Windows
  • Wine Cellar
  • Separate Family Room
  • Formal Dining Room
  • Den
  • Attic
  • Finished Basement

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Built-In Double Oven
  • Gas Cooktop
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Marble Bathroom Countertops
  • Dual Sinks
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Bathtub Includes Tile Surround

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

  • Security Gate
  • Smart Home
  • Alarm System
  • Fire Sprinkler System

Eco-Friendly Details

  • Solar Heating System

Outdoor Features

  • Balcony
  • Built-In Barbecue

Utilities

  • Forced Air Zoned Heating and Cooling System
  • 220 Volts
  • Fiber Optics Available
  • Satellite Dish

Community Details

  • Courtyard

Listing and Financial Details

  • Assessor Parcel Number 182-43-022

Home Details

Home Type

Single Family

Est. Annual Taxes

$117,398

Year Built

Built in 2013

Lot Details

0

Parking

3

Listing Details

  • Subclass: Single Family Home
  • Style: Contemporary
  • Age: 5
  • Listing Class: Residential
  • Structure Sq Ft: 9478
  • Year Built: 2013
  • Zoning Description: PC
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Dining Room: Breakfast Bar, Breakfast Nook, Formal Dining Room
  • Kitchen: 220 Volt Outlet, Built-in BBQ Grill, Cooktop - Gas, Countertop - Stone, Dishwasher, Hookups - Gas, Oven - Double, Oven Range - Built-In, Oven Range - Built-In, Gas, Pantry, Refrigerator, Wine Refrigerator
  • Living Sq Ft: 9478
  • Stories: 2
  • Security: Closed Circuit Monitoring (24-hour), Fire System - Sprinkler, Secured Garage / Parking, Security Alarm, Security Fence
  • Bedrooms: Ground Floor Bedroom
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Hardwood, Tile
  • Additional Rooms: Attic, Basement - Finished, Den / Study / Office, Laundry Room, Wine Cellar / Storage
  • Maximum Numberof Bedrooms: 7
  • Minimum Numberof Bedrooms: 7
  • Full Bathrooms: 9
  • Half Bathrooms: 2
  • Total Bedrooms: 7
  • Bathroom: Double Sinks, Marble, Shower over Tub - 1, Tile, Tub, Tub with Jets

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Metal
  • View: Bay, City Lights, Mountains
  • Yard/Grounds: Back Yard, Balcony / Patio, Courtyard, Fenced, Sprinklers - Auto, Sprinklers - Lawn
  • Fencing: Fenced Back, Gate
  • Construction Type: Concrete

Garage/Parking

  • Garage Spaces: 3
  • Parking Spaces: 3
  • Garage Max: 3
  • Garage Min: 3
  • Garage Parking Features: Attached Garage, Electric Gate, Gate / Door Opener

Utilities

  • Cooling System: Central AC, Multi-Zone
  • Heating System: Central Forced Air - Gas, Fireplace, Heating - 2+ Zones, Individual Room Controls, Solar and Gas
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Security Gate, Video / Audio System, Walk-in Closet

Schools

  • School District: Palo Alto Unified
  • Elementary School: Lucille M. Nixon Elementary
  • Middle School: Terman Middle
  • High School: Henry M. Gunn High
  • High School: 325
  • Elementary School: 318
  • Middle School: 323

Lot Info

  • Lot Description: Grade - Mostly Level, Grade - Sloped Up, Views
  • Parcel Number: 182-43-022
  • Lot Acres: 0.6350
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 27660.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 27660.00

Green Features

  • Energy Features: Ceiling Insulation, Double Pane Windows, Smart Home System

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Lucille M. Nixon Elementary
  • High School Text: Henry M. Gunn High
  • Middle School Text: Terman Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2018
Closed on
Mar 28, 2018
Sold by
Wang David W
Bought by
Levin Adam and Levin Eleanora
Seller's Agent
Grace Wu
Compass
Buyer's Agent
RECIP
Out of Area Office
List Price
$9,188,000
Sold Price
$8,749,440
Premium/Discount to List
-$438,560
-4.77%
Current Estimated Value
$9,500,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$751,395
Avg. Annual Appreciation
1.09%
Original Mortgage
$5,687,136
Outstanding Balance
$4,891,977
Interest Rate
4.45%
Estimated Equity
$4,608,858

Purchase Details

Closed on
Feb 1, 2015
Sold by
Nogaki Shino
Bought by
Wang David W

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
4.05%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 11, 2000
Sold by
Bell Marie A Trustee
Bought by
Wadhwani Gautam and Feldman Alison R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,345,000
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 3, 1997
Sold by
Bell Marie A
Bought by
Bell Marie A

Purchase Details

Closed on
Mar 4, 1994
Sold by
Bell Marie A
Bought by
Bell Marie A

Purchase Details

Closed on
Jul 8, 1993
Sold by
Bell Marie A
Bought by
Bell Marie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,000
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage
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
Levin Adam $8,749,500 --
Wang David W -- Equity Title Orange County-I
Wadhwani Gautam -- Financial Title Company
Bell Marie A -- --
Bell Marie A -- --
Bell Marie A -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Levin Adam $5,687,136
Closed Levin Adam --
Previous Owner Wang David W $1,000,000
Previous Owner Wadhwani Gautam $2,345,000
Previous Owner Bell Marie A $149,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2018 03/28/18 Sold $8,749,440 -4.8% $923 / Sq Ft
02/28/2018 02/28/18 Pending -- -- --
02/07/2018 02/07/18 For Sale $9,188,000 -- $969 / 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 $117,398 $10,115,587 $5,120,231 $4,995,356
2024 $117,398 $9,917,243 $5,019,835 $4,897,408
2023 $115,700 $9,722,788 $4,921,407 $4,801,381
2022 $112,659 $9,381,165 $4,824,909 $4,556,256
2021 $110,445 $9,197,221 $4,730,303 $4,466,918
2020 $108,114 $9,102,916 $4,681,800 $4,421,116
2019 $106,939 $8,924,428 $4,590,000 $4,334,428
2018 $92,057 $7,739,962 $2,886,021 $4,853,941
2017 $90,447 $7,588,199 $2,829,433 $4,758,766
2016 $88,094 $7,439,411 $2,773,954 $4,665,457
2015 $87,257 $7,327,665 $2,732,287 $4,595,378
2014 $85,745 $7,184,127 $2,678,766 $4,505,361
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81691662

MLSListings

APN: 182-43-022