NOT LISTED FOR SALE

Estimated Value: $3,583,000 - $4,722,000

3 Beds
1 Bath
1,542 Sq Ft
$2,811/Sq Ft Est. Value

Last Sold April 12, 2017

Last sale price $2,350,000 $1,524 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $27,615/month

13 Days on Market

Highlights

  • 2 Car Detached Garage
  • Guest Parking
  • Family or Dining Combination
  • El Carmelo Elementary School Rated A+
  • Forced Air Heating System
  • Level Lot

About This Home

As of April 2017

Charming 3 bedroom, 1 bath home with 1524 square ft of light and bright living space nestled behind a charming and private courtyard. Living room features a fireplace (also for family room) and large windows. The family room/dining room opens to a back patio and yard. The large lot offers plenty of opportunity to expand or remodel to make this house your own. Convenient Midtown neighborhood near shops, parks, Mitchell Park Community Center and Library. Easy access to major commute routes. Excellent Palo Alto Schools.

Last Agent to Sell the Property

Alan Dunckel

Compass License #00866010 Listed on: 03/01/2017

Compass

Last Buyer's Agent

Jinny Ahn

Intero Real Estate Services License #01158424

Intero Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $48,480

Year Built

  • Built in 1950

Lot Details

  • 7,318 Sq Ft Lot
  • Back Yard Fenced
  • Level Lot
  • Zoning described as r1

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Guest Parking
  • Off-Street Parking

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Foam Roof

Interior Spaces

  • 1,542 Sq Ft Home
  • Wood Burning Fireplace
  • Family or Dining Combination

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Synthetic Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Assessor Parcel Number 132-27-047

Home Details

Home Type

Single Family

Est. Annual Taxes

$48,480

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 67
  • Listing Class: Residential
  • Structure Sq Ft: 1542
  • Year Built: 1950
  • 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 Family Room
  • Kitchen: Cooktop - Electric, Countertop - Synthetic, Microwave, Oven - Electric, Refrigerator
  • Living Sq Ft: 1542
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Foam
  • Fencing: Fenced Back
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Detached Garage, Gate / Door Opener, Guest / Visitor Parking, Off-Street Parking

Utilities

  • Heating System: Central Forced Air, Wall Furnace
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Schools

  • School District: Palo Alto Unified
  • Elementary School: El Carmelo Elementary
  • Middle School: Jane Lathrop Stanford Middle
  • High School: Henry M. Gunn High
  • High School: 325
  • Elementary School: 312
  • Middle School: 322

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 132-27-047
  • Lot Acres: 0.1680
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7332.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7332.00

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2017
Closed on
Mar 29, 2017
Sold by
Rolla Rhonda Renee
Bought by
Parab Ramchandra D and Parab Neetu R
Seller's Agent
Alan Dunckel
Compass
Buyer's Agent
Jinny Ahn
Intero Real Estate Services
List Price
$2,298,000
Sold Price
$2,350,000
Premium/Discount to List
$52,000
2.26%
Current Estimated Value
$4,335,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,985,100
Avg. Annual Appreciation
7.58%
Original Mortgage
$1,880,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 20, 2016
Sold by
Rolla Rhonda Renee
Bought by
Rolla Rhonda Renee and The Clark Family Trust A

Purchase Details

Closed on
Apr 30, 2004
Sold by
Clark Eva Marie
Bought by
Clark Eva Marie

Purchase Details

Closed on
Mar 7, 1995
Sold by
Clark Harvey A
Bought by
Clark Eva Marie
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
Parab Ramchandra D $2,350,000 Chicago Title Company
Rolla Rhonda Renee -- None Available
Clark Eva Marie -- --
Clark Eva Marie -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parab Ramchandra D $1,875,000
Closed Parab Ramchandra D $1,952,000
Closed Parab Ramchandra D $1,880,000
Previous Owner Clark Eva Marie $250,000
Previous Owner Clark Eva Marie $250,000
Previous Owner Clark Harvey Allen $230,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2017 04/12/17 Sold $2,350,000 +2.3% $1,524 / Sq Ft
03/15/2017 03/15/17 Pending -- -- --
03/01/2017 03/01/17 For Sale $2,298,000 -- $1,490 / 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 $48,480 $4,122,443 $2,582,300 $1,540,143
2024 $48,480 $4,041,612 $2,531,667 $1,509,945
2023 $47,770 $3,962,366 $2,482,027 $1,480,339
2022 $47,223 $3,884,673 $2,433,360 $1,451,313
2021 $46,295 $3,808,504 $2,385,648 $1,422,856
2020 $45,328 $3,769,454 $2,361,187 $1,408,267
2019 $32,709 $2,674,821 $2,314,890 $359,931
2018 $29,155 $2,397,000 $2,269,500 $127,500
2017 $1,226 $92,918 $35,011 $57,907
2016 $1,101 $91,097 $34,325 $56,772
2015 $1,089 $89,730 $33,810 $55,920
2014 $1,073 $87,973 $33,148 $54,825
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81640572

MLSListings

APN: 132-27-047