NOT LISTED FOR SALE

Estimated Value: $4,905,540 - $5,447,000

5 Beds
3.5 Baths
2,433 Sq Ft
$2,086/Sq Ft Est. Value

Last Sold May 22, 2017

Last sale price $3,650,000 $1,500 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $31,751/month

6 Days on Market

Highlights

  • Custom Home
  • Vaulted Ceiling
  • Marble Bathroom Countertops
  • El Carmelo Elementary School Rated A+
  • Marble Flooring
  • Hydromassage or Jetted Bathtub

About This Home

As of May 2017

Beautiful custom home in Midtown, a spacious & elegant retreat. Expertly designed and meticulously crafted – this midtown home is elegant, spacious and ideal for enjoying the best of California indoor/outdoor living. From the inviting front porch you enter a soaring two-story great room featuring custom woodwork and an inviting fireplace. Each room is connected to the outdoors – balconies upstairs lookout onto a private central courtyard, and breezy entertaining areas downstairs connect to the lushly landscaped front and back yards. Luxurious amenities include a gourmet chef’s kitchen, marble bathrooms and built in surround sound. Enjoy strolling to Philz or Starbucks, the new Mitchell Park Library and community center. A great home in a great convenient location. Excellent Palo Alto schools.

Last Agent to Sell the Property

Lan Bowling

Keller Williams Palo Alto License #01248958 Listed on: 04/27/2017

Keller Williams Palo Alto

Last Buyer's Agent

Diyar Essaid

Coldwell Banker Realty License #01335648

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $49,789

Year Built

  • 2001

Lot Details

  • Sprinklers on Timer
  • Back Yard Fenced

Parking

  • 2 Car Garage

Home Design

  • Custom Home
  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 2,433 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Skylights in Kitchen
  • Gas Fireplace
  • Family or Dining Combination
  • Den
  • Washer and Dryer

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Double Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Marble Bathroom Countertops
  • Dual Sinks
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Steam Shower
  • Walk-in Shower

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Separate Meters
  • 220 Volts
  • Individual Gas Meter
  • Sewer Within 50 Feet

Community Details

  • Courtyard

Home Details

Home Type

Single Family

Est. Annual Taxes

$49,789

Year Built

2001

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Style: Custom
  • Age: 16
  • Listing Class: Residential
  • Structure Sq Ft: 2433
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2001

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Burning
  • Dining Room: Breakfast Bar, Dining Area In Family Room, Eat In Kitchen, Skylight
  • Kitchen: 220 Volt Outlet, Cooktop - Gas, Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Island, Microwave, Oven - Double, Refrigerator, Skylight, Wine Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 2433
  • Stories: 2
  • Laundry: Hookup - Electric, Washer / Dryer
  • Flooring: Hardwood, Marble, Tile
  • Additional Rooms: Den / Study / Office
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Bathroom: Double Sinks, Marble, Shower And Tub, Stall Shower, Steam Shower, Tile, Tub With Jets

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Clay, Tile
  • Yard/Grounds: Back Yard, Balcony / Patio, Courtyard, Fenced, Sprinklers - Auto, Sprinklers - Lawn
  • Fencing: Fenced Back

Garage/Parking

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

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public, Sewer In Street

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Skylight, Vaulted Ceiling, Walk-In Closet, Wet Bar

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 Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6500.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6500.00

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2017
Closed on
May 5, 2017
Sold by
Greenberg Gary and Greenberg Janet
Bought by
Wang Fengming and Ye Cui
Seller's Agent
Lan Bowling
Keller Williams Palo Alto
Buyer's Agent
Diyar Essaid
Coldwell Banker Realty
List Price
$3,498,000
Sold Price
$3,650,000
Premium/Discount to List
$152,000
4.35%
Current Estimated Value
$5,075,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,425,635
Avg. Annual Appreciation
4.06%
Original Mortgage
$2,555,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 11, 2013
Sold by
Greenberg Gary and Greenberg Janet
Bought by
Greenberg Gary and Greenberg Janet

Purchase Details

Closed on
Sep 30, 1999
Sold by
Greenberg Gary and Greenberg Janet
Bought by
Greenberg Gary and Greenberg Janet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.76%
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
Wang Fengming $3,650,000 Chicago Title Company
Greenberg Gary -- None Available
Greenberg Gary -- None Available
Greenberg Gary -- Financial Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Fengming $2,415,000
Closed Wang Fengming $2,555,000
Previous Owner Greenberg Gary $118,300
Previous Owner Greenberg Gary $608,500
Previous Owner Greenberg Gary $605,000
Previous Owner Greenberg Gary $120,000
Previous Owner Greenberg Igor $278,000
Previous Owner Greenberg Igor $280,000
Previous Owner Greenberg Igor $269,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2017 05/22/17 Sold $3,650,000 +4.3% $1,500 / Sq Ft
05/04/2017 05/04/17 Pending -- -- --
04/27/2017 04/27/17 For Sale $3,498,000 -- $1,438 / 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 $49,789 $4,236,133 $3,191,609 $1,044,524
2024 $49,789 $4,153,073 $3,129,029 $1,024,044
2023 $49,060 $4,071,641 $3,067,676 $1,003,965
2022 $48,499 $3,991,806 $3,007,526 $984,280
2021 $47,545 $3,913,536 $2,948,555 $964,981
2020 $46,552 $3,873,409 $2,918,322 $955,087
2019 $46,043 $3,797,460 $2,861,100 $936,360
2018 $44,765 $3,723,000 $2,805,000 $918,000
2017 $9,935 $771,264 $194,767 $576,497
2016 $9,669 $756,143 $190,949 $565,194
2015 $9,569 $744,786 $188,081 $556,705
2014 $9,308 $730,197 $184,397 $545,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81648747

MLSListings

APN: 132-27-044