NOT LISTED FOR SALE

3124 David Ave Palo Alto, CA 94303

Midtown Palo Alto Neighborhood

Estimated Value: $3,366,000 - $3,705,707

3 Beds
2 Baths
1,725 Sq Ft
$2,054/Sq Ft Est. Value

Last Sold September 13, 2024

Last sale price $3,388,000 $1,964 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $18,754/month

11 Days on Market

Highlights

  • 2 Car Attached Garage
  • Forced Air Heating System
  • Separate Family Room
  • Palo Verde Elementary School Rated A+
  • Combination Dining and Living Room
  • 4-minute walk to Henry Seale Park

About This Home

As of September 2024

This charming and meticulously maintained home is nestled on a tranquil street in the heart of Midtown Palo Alto. As you enter through the private courtyard, you'll be greeted by a 1,725 square foot residence surrounded by lush, mature landscaping. The sunny foyer, enhanced by two skylights, ensures that natural light fills the space throughout the day. Step into the inviting living room, where vaulted, open beam ceilings and floor-to-ceiling windows create a spacious and airy atmosphere. This versatile room, illuminated by light from the courtyard, could easily serve as a fourth bedroom, in addition to the three existing bedrooms. The Primary suite offers a serene retreat, while the kitchen features high-end GE Profile appliances, including an induction stovetop. The home is further enhanced by double-paned windows throughout, improving energy efficiency and ensuring a quiet, comfortable environment. Enjoy the convenience of being within walking distance to everything Midtown has to offer, including a short stroll to Seale Park. This residence is also ideally situated near top-rated schools: Palo Verde Elementary, JLS Middle, and Palo Alto High Schools.

Last Agent to Sell the Property

Carolyn Lott

Coldwell Banker Realty License #01846747 Listed on: 08/16/2024

Coldwell Banker Realty

Last Buyer's Agent

YI Chun Chiang

Coldwell Banker Realty License #01744416

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1956

Lot Details

  • 5,663 Sq Ft Lot
  • Zoning described as R1

Parking

  • 2 Car Attached Garage
  • On-Street Parking

Home Design

  • Foam Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,725 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Separate Family Room
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 127-59-003

Home Details

Home Type

Single Family

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 1725
  • Incorporated: Yes
  • Year Built: 1956
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining Area in Living Room
  • Living Sq Ft: 1725
  • Stories: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Foam

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage, On Street

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Forced Air
  • Sewer/Septic System: Sewer - Public

Schools

  • High School: 327

Lot Info

  • Parcel Number: 127-59-003
  • Lot Acres: 0.1300
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5663.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5663.00

Multi Family

  • Utilities: Public Utilities

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

Listed on
Aug 16, 2024
Closed on
Sep 4, 2024
Sold by
Meyer Family Living Trust and Meyer John W
Bought by
Tam Patrick Jizhong
Seller's Agent
Carolyn Lott
Coldwell Banker Realty
Buyer's Agent
YI Chun Chiang
Coldwell Banker Realty
List Price
$3,100,000
Sold Price
$3,388,000
Premium/Discount to List
$288,000
9.29%
Views
37
Current Estimated Value
$3,543,927

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,927
Avg. Annual Appreciation
3.41%
Original Mortgage
$2,480,000
Outstanding Balance
$2,453,468
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$1,090,459

Purchase Details

Closed on
Mar 25, 1998
Sold by
Meyer John W and Meyer Patricia E
Bought by
Meyer John W and Meyer Patricia E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tam Patrick Jizhong $3,388,000 Cornerstone Title Company
Meyer John W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tam Patrick Jizhong $2,480,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/13/2024 09/13/24 Sold $3,388,000 +9.3% $1,964 / Sq Ft
08/28/2024 08/28/24 Pending -- -- --
08/16/2024 08/16/24 For Sale $3,100,000 -- $1,797 / 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 $2,674 $3,388,000 $3,288,000 $100,000
2024 $2,674 $147,976 $38,471 $109,505
2023 $2,629 $145,075 $37,717 $107,358
2022 $2,588 $142,231 $36,978 $105,253
2021 $2,534 $139,443 $36,253 $103,190
2020 $2,498 $138,014 $35,882 $102,132
2019 $2,464 $135,309 $35,179 $100,130
2018 $2,415 $132,657 $34,490 $98,167
2017 $2,370 $130,057 $33,814 $96,243
2016 $2,301 $127,507 $33,151 $94,356
2015 $2,270 $125,593 $32,654 $92,939
2014 $2,126 $123,134 $32,015 $91,119
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2024

    Carolyn Lott

    Coldwell Banker Realty

    (650) 325-6161

    2 in this area

    8 Total Sales

    Carolyn Lott
    Section Image
  • YI Chun Chiang

    Buyer's Agent in 2024

    YI Chun Chiang

    Coldwell Banker Realty

    (650) 796-2285

    1 in this area

    8 Total Sales

    YI Chun Chiang
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81977024

MLSListings

APN: 127-59-003

California Santa Clara County Palo Alto 94303 Midtown Palo Alto

3124 David Ave, Palo Alto, CA

Not Listed for Sale

Detached

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