NOT LISTED FOR SALE

Estimated Value: $3,101,600 - $3,387,000

3 Beds
2 Baths
1,480 Sq Ft
$2,171/Sq Ft Est. Value

Last Sold October 18, 2018

Last sale price $2,388,000 $1,614 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $19,646/month

34 Days on Market

Highlights

  • Primary Bedroom Suite
  • 2 Car Detached Garage
  • Bathtub with Shower
  • El Carmelo Elementary School Rated A+
  • Open to Family Room
  • Tile Countertops

About This Home

As of October 2018

Welcome home to this Midtown charmer! Ideally situated across the street from Palo Alto's top rated school,El Carmelo Elementary, this home has it all. The light filled interior boasts beautiful new flooring that runs throughout the living areas, a spacious living room with fireplace, open concept great room kitchen -family area with access to backyard, Two newly remodeled bathrooms with premium finishes and fixtures, 3 bedrooms with new carpet. Additional amenities include skylights, central heat & AC, inside laundry room, attic storage w/pulldown ladder, and a spacious detached 2 car garage.

Last Agent to Sell the Property

Shelly Roberson

Compass License #01143296 Listed on: 08/15/2018

Compass

Last Buyer's Agent

Trevor Leung

Golden Gate Sotheby's International Realty License #01900473

Golden Gate Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,985

Year Built

  • Built in 1959

Lot Details

  • 6,016 Sq Ft Lot
  • Wood Fence
  • Level Lot
  • Zoning described as R1

Parking

  • 2 Car Detached Garage
  • On-Street Parking

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,480 Sq Ft Home
  • 1-Story Property
  • Skylights in Kitchen
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Laundry in unit

Kitchen

  • Open to Family Room
  • Built-In Oven
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Remodeled Bathroom
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Low Flow Toliet
  • Bathtub with Shower
  • Walk-in Shower
  • Low Flow Shower

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 132-48-033

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,985

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 1480
  • Year Built: 1959
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Living Room, Wood Burning
  • Dining Room: No Formal Dining Room
  • Kitchen: Countertop - Tile, Dishwasher, Garbage Disposal, Oven - Built-In, Skylight
  • Living Sq Ft: 1480
  • Stories: 1
  • Bedrooms: Primary Bedroom on Ground Floor, Primary Suite / Retreat
  • Laundry: Inside
  • Flooring: Carpet, Tile
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Full on Ground Floor, Primary - Stall Shower(s), Shower over Tub - 1, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Composition
  • Yard/Grounds: Fenced
  • Fencing: Wood
  • Construction Type: Wood Frame

Garage/Parking

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

Utilities

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

Schools

  • High School: 325

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 132-48-033
  • Lot Acres: 0.1381
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6014.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6014.00

Green Features

  • Energy Features: Low Flow Shower, Low Flow Toilet

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: El Carmelo Elementary
  • High School Text: Henry M. Gunn High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2021
Sold by
Ding Zhimin and Zhu Xinyi
Bought by
Ding Zhimin and Zhu Xinyi
Current Estimated Value
$3,212,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,388,000
Outstanding Balance
$1,262,977
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,949,423

Purchase Details

Listed on
Aug 15, 2018
Closed on
Oct 4, 2018
Sold by
Norman Dareen and Norman Rashele
Bought by
Ding Zhimin and Zhu Xilnyi
Seller's Agent
Shelly Roberson
Compass
Buyer's Agent
Trevor Leung
Golden Gate Sotheby's International Realty
List Price
$2,498,000
Sold Price
$2,388,000
Premium/Discount to List
-$110,000
-4.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.31%
Original Mortgage
$1,671,600
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 7, 2004
Sold by
Norman Louann and Norman Lou Ann
Bought by
Norman Louann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2003
Sold by
Norman Lou Ann
Bought by
Norman Lou Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,000
Interest Rate
5.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 13, 1996
Sold by
Norman Woodrow P and Norman Lou A
Bought by
Norman Woodrow P and Norman Lou Ann
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
Ding Zhimin -- Servicelink
Ding Zhimin $2,388,000 Chicago Title Co
Norman Louann -- Fidelity National Title
Norman Lou Ann -- First American Title Co
Norman Woodrow P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ding Zhimin $1,388,000
Closed Ding Zhimin $1,671,600
Previous Owner Norman Louann $350,000
Previous Owner Norman Lou Ann $141,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2018 10/18/18 Sold $2,388,000 0.0% $1,614 / Sq Ft
09/19/2018 09/19/18 Pending -- -- --
09/13/2018 09/13/18 Price Changed $2,388,000 -4.4% $1,614 / Sq Ft
08/15/2018 08/15/18 For Sale $2,498,000 -- $1,688 / 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 $32,985 $2,775,407 $2,565,692 $209,715
2024 $32,985 $2,720,988 $2,515,385 $205,603
2023 $32,497 $2,667,636 $2,466,064 $201,572
2022 $32,702 $2,615,330 $2,417,710 $197,620
2021 $31,397 $2,564,050 $2,370,304 $193,746
2020 $30,747 $2,537,760 $2,346,000 $191,760
2019 $28,400 $2,388,000 $2,300,000 $88,000
2018 $1,070 $86,653 $30,835 $55,818
2017 $1,050 $84,955 $30,231 $54,724
2016 $1,009 $83,290 $29,639 $53,651
2015 $998 $82,040 $29,194 $52,846
2014 $983 $80,434 $28,623 $51,811
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81719064

MLSListings

APN: 132-48-033