NOT LISTED FOR SALE

3168 Ramona St Palo Alto, CA 94306

South of Midtown Neighborhood

Estimated Value: $4,735,437 - $5,052,000

2 Beds
1 Bath
925 Sq Ft
$5,297/Sq Ft Est. Value

Last Sold July 11, 2018

Last sale price $2,700,000 $2,919 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $30,330/month

10 Days on Market

Highlights

  • 2 Car Attached Garage
  • Forced Air Heating System
  • 1-Story Property
  • El Carmelo Elementary School Rated A+
  • Dining Area

About This Home

As of July 2018

Great opportunity for remodeled single family home in prime Palo Alto location; Ready to move in now and expand bigger living space down the road; Open floor plan with brightness; Updated kitchen, flooring, bathroom and bedrooms; Spacious rectangular lot for addition; Great location with quiet street; Close to Stanford University, Major high tech companies, Stanford Shopping Center, etc. ; Don't miss this great opportunity!

Last Agent to Sell the Property

William Chen

Faithful License #01863645 Listed on: 06/21/2018

Last Buyer's Agent

Joseph Yen

Compass License #01136969

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $54,694

Year Built

  • Built in 1950

Lot Details

  • 6,739 Sq Ft Lot
  • Zoning described as R1

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Tar and Gravel Roof

Interior Spaces

  • 925 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dining Area

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 132-27-006

Home Details

Home Type

Single Family

Est. Annual Taxes

$54,694

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 925
  • Incorporated: Yes
  • Year Built: 1950
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room
  • Dining Room: Dining Area
  • Living Sq Ft: 925
  • Stories: 1
  • Fireplaces Min: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tar and Gravel

Garage/Parking

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

Utilities

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

Schools

  • High School: 325

Lot Info

  • Parcel Number: 132-27-006
  • Lot Acres: 0.1547
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6740.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6740.00

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

Closed on
Aug 28, 2021
Sold by
Golden 818 Llc
Bought by
Zhong Xiu and Ding Lulu
Current Estimated Value
$4,899,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,800,000
Outstanding Balance
$2,543,989
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$2,355,370

Purchase Details

Listed on
Jun 21, 2018
Closed on
Jul 3, 2018
Sold by
Noah Troth Llc
Bought by
Golden 818 Llc
Seller's Agent
William Chen
Faithful
Buyer's Agent
Joseph Yen
Compass
List Price
$2,280,000
Sold Price
$2,700,000
Premium/Discount to List
$420,000
18.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.50%

Purchase Details

Listed on
Feb 9, 2016
Closed on
Feb 18, 2016
Sold by
Overton Michael
Bought by
Noah Troth Llc
Seller's Agent
DIANNE Scheck
Victoria Properties
Buyer's Agent
William Chen
Faithful
List Price
$1,850,000
Sold Price
$2,050,000
Premium/Discount to List
$200,000
10.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.27%
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
Zhong Xiu $4,400,000 First American Title Company
Golden 818 Llc $2,700,000 First American Title Co
Noah Troth Llc $2,050,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhong Xiu $2,800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/11/2018 07/11/18 Sold $2,700,000 +18.4% $2,919 / Sq Ft
07/02/2018 07/02/18 Pending -- -- --
06/21/2018 06/21/18 For Sale $2,280,000 +11.2% $2,465 / Sq Ft
02/22/2016 02/22/16 Sold $2,050,000 +10.8% $2,216 / Sq Ft View Prior Sale
02/17/2016 02/17/16 Pending -- -- --
02/09/2016 02/09/16 For Sale $1,850,000 -- $2,000 / 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 $54,694 $4,669,314 $3,395,865 $1,273,449
2024 $54,694 $4,577,760 $3,329,280 $1,248,480
2023 $53,892 $4,488,000 $3,264,000 $1,224,000
2022 $53,275 $4,400,000 $3,200,000 $1,200,000
2021 $39,962 $3,276,531 $2,782,531 $494,000
2020 $33,375 $2,754,000 $2,754,000 $0
2019 $33,008 $2,700,000 $2,700,000 $0
2018 $26,044 $2,132,820 $2,112,012 $20,808
2017 $25,588 $2,091,000 $2,070,600 $20,400
2016 $2,602 $153,265 $75,554 $77,711
2015 $1,811 $150,964 $74,420 $76,544
2014 $1,783 $148,008 $72,963 $75,045
Source: Public Records

Agents Affiliated with this Home

  • William Chen

    Seller's Agent in 2018

    William Chen

    Faithful

    (408) 693-3678

    50 Total Sales

    William Chen
    Section Image

  • J

    Buyer's Agent in 2018

    Joseph Yen

    Compass

    Section Image

  • D

    Buyer's Agent in 2018

    Darryl Adamson

    Lake and Coast Real Estate

  • D

    Seller's Agent in 2016

    DIANNE Scheck

    Victoria Properties

    Section Image
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Map

Source: MLSListings

MLS Number: ML81711281

MLSListings

APN: 132-27-006

California Santa Clara County Palo Alto 94306 South of Midtown

3168 Ramona St, Palo Alto, CA

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