NOT LISTED FOR SALE

3156 Ramona St Palo Alto, CA 94306

South of Midtown Neighborhood

Estimated Value: $4,746,888 - $5,005,000

5 Beds
4.5 Baths
2,656 Sq Ft
$1,850/Sq Ft Est. Value

Last Sold January 22, 2021

Last sale price $3,950,000 $1,487 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $30,030/month

73 Days on Market

Highlights

  • Soaking Tub in Primary Bathroom
  • Wood Flooring
  • Quartz Countertops
  • El Carmelo Elementary School Rated A+
  • High Ceiling
  • Balcony

About This Home

As of January 2021

Newer contemporary luxury home in Midtown with 5 bedrooms and 4.5 bathrooms on one level. Sleek open concept floor plan begins with dramatic high 12 foot ceilings in the living, dining and great room that presents contemporary sophistication and urban convenience. The tremendous great room opens through double sliding glass doors to a covered patio and inviting rear yard, great for entertaining. Flowing floor plan, full of natural light with plenty of tall windows and doors. Steps to El Carmelo elementary school, quick access to JLS Middle and Gunn High (buyers to verify). Relax and enjoy this one-of- a- kind residence. Other amenities include laundry room, one car garage and EVC.

Last Agent to Sell the Property

Nadr Essabhoy

Compass License #01085354 Listed on: 09/16/2020

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $50,161

Year Built

  • Built in 2017

Lot Details

  • 7,100 Sq Ft Lot
  • Level Lot
  • Sprinklers on Timer
  • Back Yard Fenced
  • Zoning described as R1

Parking

  • 1 Car Attached Garage
  • Electric Vehicle Home Charger

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,656 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Skylights
  • Gas Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Alarm System

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Soaking Tub in Primary Bathroom
  • Bathtub with Shower
  • Oversized Bathtub in Primary Bathroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 132-27-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$50,161

Year Built

Built in 2017

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 2656
  • Incorporated: Yes
  • Year Built: 2017
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Family Room, Gas Burning
  • Dining Room: Breakfast Bar, Dining "L", Dining Area in Living Room, Eat in Kitchen
  • Kitchen: Cooktop - Gas, Countertop - Quartz, Dishwasher, Garbage Disposal, Hood Over Range, Microwave, Oven - Gas, Pantry, Refrigerator
  • Living Sq Ft: 2656
  • Stories: 1
  • Security: Security Alarm
  • Bedrooms: More than One Primary Bedroom on Ground Floor, Walk-in Closet
  • Laundry: Inside, Washer / Dryer
  • Flooring: Tile, Wood
  • Additional Rooms: Laundry Room
  • Fireplaces Min: 1
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Bathroom: Double Sinks, Primary - Oversized Tub, Primary - Stall Shower(s), Shower and Tub, Stall Shower
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced, Sprinklers - Auto
  • Fencing: Fenced Back

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage
  • Electric Vehicle Hookup Type: Electric Vehicle Hookup Level 2 (240 volts)

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Walk-in Closet

Schools

  • High School: 325

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 132-27-004
  • Lot Acres: 0.1630
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7102.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7102.00

Green Features

  • Energy Features: Double Pane Windows, Skylight, Tankless Water Heater

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
  • Middle School Text: Jane Lathrop Stanford Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2020
Closed on
Jan 8, 2021
Sold by
Livne Yair and Kricheli Ruth
Bought by
Qian Jinjin and Muralidharan Akilesh
Seller's Agent
Nadr Essabhoy
Compass
List Price
$4,298,000
Sold Price
$3,950,000
Premium/Discount to List
-$348,000
-8.1%
Current Estimated Value
$4,914,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$964,222
Avg. Annual Appreciation
4.66%
Original Mortgage
$2,550,000
Outstanding Balance
$2,275,884
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$2,638,338

Purchase Details

Listed on
Oct 19, 2017
Closed on
Dec 28, 2017
Sold by
Livne Yair and Kricheli Ruth
Bought by
Livne Yair and Kricheli Ruth
Seller's Agent
Carol Li
Compass
Buyer's Agent
Nadr Essabhoy
Compass
List Price
$4,180,000
Sold Price
$4,038,000
Premium/Discount to List
-$142,000
-3.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.70%
Original Mortgage
$3,000,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Oct 19, 2017
Closed on
Dec 7, 2017
Sold by
Liu Dana and Fang Tian
Bought by
Livne Yair and Kricheli Ruth
Seller's Agent
Carol Li
Compass
Buyer's Agent
Nadr Essabhoy
Compass
List Price
$4,180,000
Sold Price
$4,038,000
Premium/Discount to List
-$142,000
-3.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Feb 4, 2016
Closed on
Feb 16, 2016
Sold by
Huffstutler Dorothy W
Bought by
Danaliu and Fang Tian
Seller's Agent
Jackie Schoelerman
Coldwell Banker Realty
Buyer's Agent
Anni Chu
Coldwell Banker Realty
List Price
$1,988,000
Sold Price
$2,180,000
Premium/Discount to List
$192,000
9.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.57%

Purchase Details

Closed on
Nov 24, 2015
Sold by
Huffstutler Dorothy
Bought by
Huffstutler Dorothy W
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
Qian Jinjin $3,950,000 Chicago Title Company
Livne Yair -- None Available
Livne Yair $4,038,000 Chicago Title Company
Danaliu $2,180,000 Chicago Title Company
Huffstutler Dorothy W -- None Available
Huffstutler Dorothy -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Qian Jinjin $2,550,000
Previous Owner Livne Yair $3,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/22/2021 01/22/21 Sold $3,950,000 -3.3% $1,487 / Sq Ft
11/28/2020 11/28/20 Pending -- -- --
10/05/2020 10/05/20 Price Changed $4,085,000 -5.0% $1,538 / Sq Ft
09/16/2020 09/16/20 For Sale $4,298,000 +6.4% $1,618 / Sq Ft
12/12/2017 12/12/17 Sold $4,038,000 -3.4% $1,402 / Sq Ft View Prior Sale
11/18/2017 11/18/17 Pending -- -- --
10/19/2017 10/19/17 For Sale $4,180,000 +91.7% $1,451 / Sq Ft
02/19/2016 02/19/16 Sold $2,180,000 +9.7% $2,357 / Sq Ft View Prior Sale
02/12/2016 02/12/16 Pending -- -- --
02/04/2016 02/04/16 For Sale $1,988,000 -- $2,149 / 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 $50,161 $4,275,605 $3,247,296 $1,028,309
2024 $50,161 $4,191,771 $3,183,624 $1,008,147
2023 $49,425 $4,109,580 $3,121,200 $988,380
2022 $48,859 $4,029,000 $3,060,000 $969,000
2021 $51,487 $4,244,658 $3,363,771 $880,887
2020 $50,410 $4,201,135 $3,329,280 $871,855
2019 $49,859 $4,118,760 $3,264,000 $854,760
2018 $48,473 $4,038,000 $3,200,000 $838,000
2017 $28,057 $2,304,600 $2,223,600 $81,000
2016 $21,119 $1,725,925 $1,665,010 $60,915
2015 $20,912 $1,700,000 $1,640,000 $60,000
2014 $1,452 $66,105 $32,769 $33,336
Source: Public Records

Agents Affiliated with this Home

  • Nadr Essabhoy

    Seller's Agent in 2021

    Nadr Essabhoy

    Compass

    (650) 248-5898

    2 in this area

    84 Total Sales

    Nadr Essabhoy
    Section Image
  • Carol Li

    Seller's Agent in 2017

    Carol Li

    Compass

    (650) 281-8368

    1 in this area

    41 Total Sales

    Carol Li
    Section Image
  • John Forsyth James

    Seller Co-Listing Agent in 2017

    John Forsyth James

    Compass

    (650) 218-4337

    79 Total Sales

    John Forsyth James
    Section Image

  • J

    Seller's Agent in 2016

    Jackie Schoelerman

    Coldwell Banker Realty

    Section Image
  • Anni Chu

    Buyer's Agent in 2016

    Anni Chu

    Coldwell Banker Realty

    (650) 424-8188

    15 Total Sales

    Anni Chu
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81808358

MLSListings

APN: 132-27-004

California Santa Clara County Palo Alto 94306 South of Midtown

3156 Ramona St, Palo Alto, CA

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