NOT LISTED FOR SALE

3150 Louis Rd Palo Alto, CA 94303

Midtown Palo Alto Neighborhood

Estimated Value: $3,219,000 - $3,593,000

4 Beds
2 Baths
1,431 Sq Ft
$2,365/Sq Ft Est. Value

Last Sold November 04, 2022

Last sale price $3,000,000 $2,096 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $22,026/month

5 Days on Market

Highlights

  • Primary Bedroom Suite
  • Wood Flooring
  • Quartz Countertops
  • Palo Verde Elementary School Rated A+
  • Solid Surface Bathroom Countertops
  • Balcony

About This Home

As of November 2022

Come see and enjoy this light and bright home! Wonderfully updated with quality throughout including dual pane windows, stainless steel appliances and gleaming hardwood floors. Four spacious bedrooms including a private, primary suite. Large family room with dining area right off the kitchen and easy access to the landscape private backyard and patio.

Last Agent to Sell the Property

Tim Foy

Midtown Realty License #00849721 Listed on: 09/29/2022

Last Buyer's Agent

Julie Tsai Law

Compass License #01339682

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,952

Year Built

  • Built in 1958

Lot Details

  • 6,486 Sq Ft Lot
  • Wood Fence
  • Sprinklers on Timer
  • Drought Tolerant Landscaping
  • Back Yard Fenced
  • Zoning described as R1

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Wood Shingle Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 1,431 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • Family or Dining Combination

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Electric Cooktop
  • Dishwasher
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Solid Surface Bathroom Countertops
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in Garage
  • Washer and Dryer

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan

Listing and Financial Details

  • Assessor Parcel Number 127-59-027

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,952

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 64
  • Listing Class: Residential
  • Structure Sq Ft: 1431
  • Incorporated: Yes
  • Year Built: 1958
  • 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, Dining Area in Family Room
  • Kitchen: Cooktop - Electric, Countertop - Quartz, Dishwasher, Exhaust Fan, Garbage Disposal, Oven - Built-In, Refrigerator
  • Living Sq Ft: 1431
  • Stories: 1
  • Bedrooms: Primary Suite / Retreat
  • Laundry: In Garage, Washer / Dryer
  • Flooring: Hardwood, Vinyl / Linoleum
  • 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, Solid Surface, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Wood Shakes / Shingles
  • Yard/Grounds: Back Yard, Balcony / Patio, Drought Tolerant Plants, Fenced, Sprinklers - Auto, Sprinklers - Lawn
  • Fencing: Fenced Back, Wood
  • Construction Type: Stucco, Wood Frame

Garage/Parking

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

Utilities

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

Schools

  • School District: Palo Alto Unified

Lot Info

  • Parcel Number: 127-59-027
  • Lot Acres: 0.1489
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6488.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6488.00

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2022
Closed on
Oct 26, 2022
Sold by
Raisoni Shweta S
Bought by
Jain Vaibhav
Seller's Agent
Tim Foy
Midtown Realty
Buyer's Agent
Julie Tsai Law
Compass
List Price
$2,995,000
Sold Price
$3,000,000
Premium/Discount to List
$5,000
0.17%
Total Days on Market
5
Views
3
Current Estimated Value
$3,384,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$384,827
Avg. Annual Appreciation
3.85%
Original Mortgage
$2,400,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 29, 2022
Closed on
Oct 19, 2022
Sold by
Louis Road House Llc
Bought by
Jain Amit and Jain Vaibhav
Seller's Agent
Tim Foy
Midtown Realty
Buyer's Agent
Julie Tsai Law
Compass
List Price
$2,995,000
Sold Price
$3,000,000
Premium/Discount to List
$5,000
0.17%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,400,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 2015
Sold by
Baird Terry Ross and Baird Steven G
Bought by
Louis Road House Llc

Purchase Details

Closed on
Jun 16, 2015
Sold by
Baird Steven G
Bought by
Baird Terry Ross and Baird Steven G

Purchase Details

Closed on
Dec 7, 2004
Sold by
Baird Tordis Anne and Baird Tordis A
Bought by
Baird Tordis Anne and Baird Steven G
Source: Public Records

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Range of Values:

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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
Jain Vaibhav -- Old Republic Title
Jain Amit $3,000,000 Old Republic Title
Louis Road House Llc -- None Available
Baird Terry Ross -- None Available
Baird Tordis Anne -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jain Amit $2,390,000
Closed Jain Amit $2,400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2022 11/04/22 Sold $3,000,000 +0.2% $2,096 / Sq Ft
10/05/2022 10/05/22 Pending -- -- --
09/29/2022 09/29/22 For Sale $2,995,000 -- $2,093 / 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
2024 $36,952 $3,060,000 $2,881,500 $178,500
2023 $36,410 $3,000,000 $2,825,000 $175,000
2022 $2,112 $95,305 $35,677 $59,628
2021 $2,070 $93,437 $34,978 $58,459
2020 $2,045 $92,480 $34,620 $57,860
2019 $2,017 $90,668 $33,942 $56,726
2018 $1,982 $88,891 $33,277 $55,614
2017 $1,946 $87,149 $32,625 $54,524
2016 $1,889 $85,441 $31,986 $53,455
2015 $1,863 $84,159 $31,506 $52,653
2014 -- $82,511 $30,889 $51,622
Source: Public Records

Agents Affiliated with this Home

  • Tim Foy

    Seller's Agent in 2022

    Tim Foy

    Midtown Realty

    (650) 387-5078

    21 in this area

    99 Total Sales

    Tim Foy
    Section Image
  • Julie Tsai Law

    Buyer's Agent in 2022

    Julie Tsai Law

    Compass

    (650) 799-8888

    16 in this area

    131 Total Sales

    Julie Tsai Law
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81908848

MLSListings

APN: 127-59-027

California Santa Clara County Palo Alto 94303 Midtown Palo Alto

3150 Louis Rd, Palo Alto, CA

This home is located at 3150 Louis Rd, Palo Alto, CA 94303 since 29 September 2022 and is currently estimated at $3,384,827, approximately $2,365 per square foot. This property was built in 1958. 3150 Louis Rd is a home located in Santa Clara County with nearby schools including Palo Verde Elementary School, Jane Lathrop Stanford Middle School, and Palo Alto High School.

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