NOT LISTED FOR SALE

316 El Verano Ave Palo Alto, CA 94306

South of Midtown Neighborhood

Estimated Value: $3,336,000 - $3,624,000

3 Beds
2 Baths
1,587 Sq Ft
$2,180/Sq Ft Est. Value

Last Sold April 03, 2014

Last sale price $1,795,125 $1,131 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $20,898/month

1 Day on Market

Highlights

  • Primary Bedroom Suite
  • Covered Patio or Porch
  • Forced Air Heating System
  • El Carmelo Elementary School Rated A+
  • Double Pane Windows
  • Dining Room

About This Home

As of April 2014

Fireplace is non-functional, hence "ornamental."

Last Agent to Sell the Property

Bruce Richmond

Intero Real Estate Services License #01717986 Listed on: 03/31/2014

Intero Real Estate Services

Last Buyer's Agent

Todd Beardsley

Menlo Atherton Realty License #01109812

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,283

Year Built

  • Built in 1949

Lot Details

  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Zoning described as R1

Parking

  • 1 Carport Space

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,587 Sq Ft Home
  • 1-Story Property
  • Decorative Fireplace
  • Double Pane Windows
  • Separate Family Room
  • Living Room with Fireplace
  • Dining Room
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 132-22-063

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,283

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Age: 65
  • Sale Price Per Sq Ft: 1131.14
  • Listing Class: Residential
  • Structure Sq Ft: 1587
  • Incorporated: Yes
  • Map Book Page: 811
  • Map Side Coordinate: 1
  • Map Top Coordinate: D
  • Thomas Bros Page: 811
  • Thomas Brothers: D1
  • Year Built: 1949
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room, Ornamental Only, Yes
  • Dining Room: No Formal Dining Room, No Informal Dining Room
  • Kitchen: Dishwasher, Refrigerator
  • Living Sq Ft: 1587
  • Stories: 1
  • Bedrooms: Primary Suite / Retreat
  • Laundry: In Laundry Room, Dryer, Washer
  • Maximum Bathrooms: 2
  • Maximum Numberof Bedrooms: 3
  • Minimum Bathrooms: 2
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Pool - No
  • Roof: Composition
  • Yard/Grounds: Patio(s)/Deck(s) - Covered, Sprinkler(s) - Front, Sprinkler(s) - Rear, Sprinklers - Auto

Garage/Parking

  • Carport Max: 1
  • Carport Min: 1

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Double Pane Windows(s)

Schools

  • School District: Palo Alto Unified

Lot Info

  • Parcel Number: 132-22-063
  • List Price per Sq Ft: 1131.14
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6125.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 6125.00
  • Lot Size Area Min Search: 6125.00
  • Maximum Lot Size: 6125.00
  • Map Book: Thomas Bros

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Maximum Building Height: 1
  • Minimum Building Height: 1

MLS Schools

  • High School District Text: Palo Alto Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2014
Closed on
Apr 5, 2014
Sold by
Patwardhan Ashish and Patwardhan Sonia
Bought by
Patwardhan Ashish and Patwardhan Sonia
Seller's Agent
Bruce Richmond
Intero Real Estate Services
Buyer's Agent
Todd Beardsley
Menlo Atherton Realty
List Price
$1,795,125
Sold Price
$1,795,125
Current Estimated Value
$3,460,229

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,665,104
Avg. Annual Appreciation
6.03%
Original Mortgage
$1,140,125
Interest Rate
2.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 31, 2014
Closed on
Mar 24, 2014
Sold by
Silberling Robin
Bought by
Patwardhan Ashish and Patwardhan Sonia
Seller's Agent
Bruce Richmond
Intero Real Estate Services
Buyer's Agent
Todd Beardsley
Menlo Atherton Realty
List Price
$1,795,125
Sold Price
$1,795,125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,140,125
Interest Rate
2.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 28, 1996
Sold by
Silberling Barbara B
Bought by
Silberling Barbara B

Purchase Details

Closed on
Aug 30, 1995
Sold by
Lyon Emily
Bought by
Silberling Barbara
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Patwardhan Ashish -- None Available
Patwardhan Ashish $1,790,500 Chicago Title Company
Silberling Barbara B -- --
Silberling Barbara $390,000 Old Republic Title
Gray Emily Lyon -- Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patwardhan Ashish $1,527,500
Closed Patwardhan Ashish $1,140,125
Previous Owner Silberling Barbara B $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2014 04/03/14 Sold $1,795,125 0.0% $1,131 / Sq Ft
04/01/2014 04/01/14 Pending -- -- --
03/31/2014 03/31/14 For Sale $1,795,125 -- $1,131 / 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 $26,283 $2,194,437 $1,097,142 $1,097,295
2024 $26,283 $2,151,410 $1,075,630 $1,075,780
2023 $25,896 $2,109,227 $1,054,540 $1,054,687
2022 $25,595 $2,067,870 $1,033,863 $1,034,007
2021 $25,091 $2,027,325 $1,013,592 $1,013,733
2020 $24,576 $2,006,538 $1,003,199 $1,003,339
2019 $24,304 $1,967,195 $983,529 $983,666
2018 $23,641 $1,928,624 $964,245 $964,379
2017 $23,226 $1,890,809 $945,339 $945,470
2016 $22,617 $1,853,735 $926,803 $926,932
2015 $22,396 $1,825,891 $912,882 $913,009
2014 $1,849 $92,739 $32,299 $60,440
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2014

    Bruce Richmond

    Intero Real Estate Services

    Section Image

  • T

    Buyer's Agent in 2014

    Todd Beardsley

    Menlo Atherton Realty

    Section Image
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Map

Source: MLSListings

MLS Number: ML81410520

MLSListings

APN: 132-22-063

California Santa Clara County Palo Alto 94306 South of Midtown

316 El Verano Ave, Palo Alto, CA

This home is located at 316 El Verano Ave, Palo Alto, CA 94306 since 31 March 2014 and is currently estimated at $3,460,229, approximately $2,180 per square foot. This property was built in 1949. 316 El Verano Ave is a home located in Santa Clara County with nearby schools including El Carmelo Elementary School, Jane Lathrop Stanford Middle School, and Henry M. Gunn High School.

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