NOT LISTED FOR SALE

Estimated Value: $3,102,000 - $5,329,000

2 Beds
2 Baths
1,357 Sq Ft
$3,394/Sq Ft Est. Value

Last Sold February 07, 2019

Last sale price $2,400,000 $1,769 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $28,357/month

Highlights

  • Wood Flooring
  • Quartz Countertops
  • Formal Dining Room
  • Palo Verde Elementary School Rated A+
  • Workshop
  • 3-minute walk to Henry Seale Park

About This Home

As of February 2019

Classic Craftsman Bungalow w/charming design elements & modern updates, expanded in late '90's to include family room, den, enlarged master suite & 2nd bathroom. Original hardwood floors in living room, formal dining & front bedroom. Recently updated kitchen offers quartz countertops, stainless steel appliances, plentiful cabinetry, Marmoleum flooring & recessed lighting. The light-filled family room & office nook provide ample room for everyday living & access to the backyard. A covered back porch offers relaxing & rejuvenating views over the manicured backyard w/raised garden beds, paver-stone patio, lawn & bountiful arrangement of flowering plants. Detached garage w/long gated driveway add convenience & privacy. New plumbing, sewer line replacement, newer water heater, added electrical box, fresh interior paint. Nestled w/in iconic Midtown this home is just moments from excellent schools, Midtown Shopping Center, Henry Seale Park, Philz Coffee, Downtown PA & Stanford University.

Last Agent to Sell the Property

Brad Gill

NextHome Lifestyles License #01385310 Listed on: 02/07/2019

NextHome Lifestyles

Last Buyer's Agent

Ying Li

Coldwell Banker Realty License #02057058

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $45,779

Year Built

  • Built in 1927

Lot Details

  • 7,562 Sq Ft Lot
  • Northeast Facing Home
  • Sprinklers on Timer
  • Drought Tolerant Landscaping
  • Back Yard Fenced
  • Zoning described as R1

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • On-Street Parking

Home Design

  • Bungalow
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Tar and Gravel Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,357 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Double Pane Windows
  • Separate Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Workshop
  • Storage Room
  • Unfinished Basement

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Washer and Dryer

Outdoor Features

  • Balcony

Utilities

  • Floor Furnace
  • Wall Furnace
  • Vented Exhaust Fan
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 127-59-024

Home Details

Home Type

Single Family

Est. Annual Taxes

$45,779

Year Built

Built in 1927

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Bungalow
  • Age: 92
  • Listing Class: Residential
  • Structure Sq Ft: 1357
  • Year Built: 1927
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room, Wood Burning
  • Dining Room: Breakfast Bar, Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Quartz, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Microwave, Oven Range, Pantry, Refrigerator
  • Living Sq Ft: 1357
  • Stories: 1
  • Laundry: Inside, Washer / Dryer
  • Flooring: Hardwood, Laminate, Tile, Vinyl / Linoleum
  • Additional Rooms: Basement - Unfinished, Storage, Workshop
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Primary - Stall Shower(s), Shower over Tub - 1, Tile, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter, Post and Pier
  • Roof: Tar and Gravel
  • Yard/Grounds: Back Yard, Balcony / Patio, Drought Tolerant Plants, Fenced, Sprinklers - Auto
  • Fencing: Fenced Back, Gate, Wood
  • Property Faces: Northeast
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Detached Garage, Gate / Door Opener, On Street, Room for Oversized Vehicle

Utilities

  • Heating System: Floor Furnace, Wall Furnace
  • Sewer/Septic System: Sewer - Public

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: 127-59-024
  • Lot Acres: 0.1736
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7560.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7560.00

Green Features

  • Energy Features: Double Pane Windows

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

Closed on
Sep 4, 2019
Sold by
Tibrewal Pankaj and Tibrewal Pallavi
Bought by
Tibrewal Pankaj and Tibrewal Pallavi
Current Estimated Value
$4,606,280

Purchase Details

Listed on
Feb 7, 2019
Closed on
Jan 29, 2019
Sold by
Bickham Linda Anne
Bought by
Tibrewal Pankaj and Tibrewal Pallavi
Seller's Agent
Brad Gill
NextHome Lifestyles
Buyer's Agent
Ying Li
Coldwell Banker Realty
List Price
$2,398,000
Sold Price
$2,400,000
Premium/Discount to List
$2,000
0.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.85%
Original Mortgage
$1,920,000
Outstanding Balance
$1,694,777
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$2,766,056
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
Tibrewal Pankaj -- None Available
Tibrewal Pankaj $2,400,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tibrewal Pankaj $1,920,000
Previous Owner Bickham Linda Anne $250,000
Previous Owner Bickham Linda Anne $250,000
Previous Owner Bickham Linda Anne $224,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2019 02/07/19 Sold $2,400,000 +0.1% $1,769 / Sq Ft
02/07/2019 02/07/19 Pending -- -- --
02/07/2019 02/07/19 For Sale $2,398,000 -- $1,767 / 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 $45,779 $3,894,979 $2,677,243 $1,217,736
2024 $45,779 $3,818,608 $2,624,749 $1,193,859
2023 $45,107 $3,743,734 $2,573,284 $1,170,450
2022 $44,589 $3,670,328 $2,522,828 $1,147,500
2021 $36,413 $2,985,361 $2,473,361 $512,000
2020 $29,691 $2,448,000 $2,448,000 $0
2019 $5,827 $487,487 $326,012 $161,475
2018 $5,676 $477,929 $319,620 $158,309
2017 $6,363 $468,558 $313,353 $155,205
2016 $6,191 $459,371 $307,209 $152,162
2015 $6,123 $452,472 $302,595 $149,877
2014 $5,918 $443,610 $296,668 $146,942
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81738073

MLSListings

APN: 127-59-024