NOT LISTED FOR SALE

Estimated Value: $3,387,000 - $3,996,000

4 Beds
2 Baths
1,831 Sq Ft
$1,985/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $3,060,000 $1,671 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $22,623/month

5 Days on Market

Highlights

  • Wood Flooring
  • Open to Family Room
  • Bathtub with Shower
  • Palo Verde Elementary School Rated A+
  • Solar owned by seller
  • Walk-in Shower

About This Home

As of April 2021

Wonderful, light and bright Mid-Century Modern house in the very quiet tree lined cul de sac on 6584 sf lot in desirable Midtown Palo Alto. There are 4 bedrooms, office, 2 bathrooms, a large vaulted ceiling living room with a fireplace and dining area, and a multifunctional spacious family room in this 1831 sf house. Plenty of natural light from the floor to ceiling windows in living and family room, and from skylights in the kitchen and dining area. Hardwood floors all around. Family room opens into the charming backyard with two paved patios and lush lawn, ideal for outside gathering, dining, entertaining and children's play. Ample storage and closet space in all the bedrooms. Recently installed 5kW solar panel system. Oversized 2 car garage. Minutes to shopping, dining, parks, major commute routes and outstanding Palo Alto schools. Great place to live, work from home and grow a family!

Last Agent to Sell the Property

Elena Tsukanova

Compass License #02016520 Listed on: 03/16/2021

Compass

Last Buyer's Agent

Xiaozhu Kang

Compass License #01999507

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,070

Year Built

  • 1955

Lot Details

  • 6,582

Parking

  • 2 Car Garage

Home Design

  • Slab Foundation
  • Foam Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,831 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Open Floorplan
  • Wood Flooring
  • Open to Family Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Utilities

  • Forced Air Heating System
  • Separate Meters

Additional Features

  • Solar owned by seller
  • 6,582 Sq Ft Lot

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,070

Year Built

1955

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Age: 66
  • Listing Class: Residential
  • Structure Sq Ft: 1831
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1955

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Wood Burning
  • Dining Room: Dining Area In Family Room, Dining Area In Living Room
  • Fireplace: Yes
  • Living Sq Ft: 1831
  • Stories: 1
  • Bedrooms: Primary Bedroom On Ground Floor, More Than One Bedroom On Ground Floor
  • Flooring: Hardwood
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Bathroom: Primary - Stall Shower(s), Shower Over Tub - 1

Exterior Features

  • Foundation: Concrete Perimeter, Concrete Slab
  • Roof: Foam

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Parking Area

Utilities

  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Palo Alto Unified

Lot Info

  • Lot Acres: 0.1511
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6584.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6584.00

Multi Family

  • Utilities: Individual Electric Meters, Solar Panels - Owned

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2021
Closed on
Mar 23, 2021
Sold by
Serebrianyi Konstantin and Serebryanaya Natalia Nikolaevna
Bought by
Gao Lei and Jiang Nan
Seller's Agent
Elena Tsukanova
Compass
Buyer's Agent
Xiaozhu Kang
Compass
List Price
$2,798,000
Sold Price
$3,060,000
Premium/Discount to List
$262,000
9.36%
Current Estimated Value
$3,635,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$575,160
Avg. Annual Appreciation
5.10%
Original Mortgage
$4,600,000
Outstanding Balance
$4,260,247
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
-$455,925

Purchase Details

Listed on
Sep 17, 2014
Closed on
Oct 21, 2014
Sold by
Verlinden Pierre and Creighton Ann Marie
Bought by
Serebrianyi Konstantin and Serebryana Natalia Nikolaevna
Seller's Agent
Michael Repka
Deleon Realty
Buyer's Agent
Alexey Blokhin
Real E-State
List Price
$2,198,000
Sold Price
$2,350,000
Premium/Discount to List
$152,000
6.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.15%
Original Mortgage
$1,200,000
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 28, 2007
Sold by
Verlinden Pierre
Bought by
Verlinden Pierre and Creighton Ann Marie

Purchase Details

Closed on
Feb 24, 2000
Sold by
Verlinden Brigitte M
Bought by
Verlinden Pierre J

Purchase Details

Closed on
Nov 10, 1994
Sold by
Johnston Robert D and Johnston Nickie D
Bought by
Verlinden Pierre J and Verlinden Brigitte M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,200
Interest Rate
8.91%
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
Gao Lei $3,060,000 Chicago Title Company
Serebrianyi Konstantin $2,350,000 Chicago Title Company
Verlinden Pierre -- None Available
Verlinden Pierre J -- --
Verlinden Pierre J $399,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Serebrianyi Konstantin $4,600,000
Closed Gao Lei $2,287,000
Previous Owner Serebrianyi Konstantin $844,200
Previous Owner Serebrianyi Konstantin $1,200,000
Previous Owner Verlinden Pierre J $299,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2021 04/30/21 Sold $3,060,000 +9.4% $1,671 / Sq Ft
03/22/2021 03/22/21 Pending -- -- --
03/16/2021 03/16/21 For Sale $2,798,000 +19.1% $1,528 / Sq Ft
10/31/2014 10/31/14 Sold $2,350,000 +6.9% $1,283 / Sq Ft
10/17/2014 10/17/14 Pending -- -- --
09/17/2014 09/17/14 For Sale $2,198,000 -- $1,200 / 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 $39,070 $3,312,241 $3,111,992 $200,249
2024 $39,070 $3,247,296 $3,050,973 $196,323
2023 $38,495 $3,183,624 $2,991,150 $192,474
2022 $38,052 $3,121,200 $2,932,500 $188,700
2021 $32,019 $2,609,257 $2,165,129 $444,128
2020 $31,356 $2,582,504 $2,142,929 $439,575
2019 $31,011 $2,531,867 $2,100,911 $430,956
2018 $30,158 $2,482,223 $2,059,717 $422,506
2017 $29,629 $2,433,553 $2,019,331 $414,222
2016 $28,854 $2,385,837 $1,979,737 $406,100
2015 $28,574 $2,350,000 $1,950,000 $400,000
2014 $7,220 $546,708 $273,354 $273,354
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81834419

MLSListings

APN: 127-59-039