NOT LISTED FOR SALE

Estimated Value: $4,042,043 - $4,567,000

4 Beds
2 Baths
1,935 Sq Ft
$2,210/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $3,950,000 $2,041 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $27,021/month

6 Days on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • North Facing Home
  • Palo Verde Elementary School Rated A+
  • Separate Family Room
  • Dining Area

About This Home

As of May 2021

Wonderfully-updated home sits on expansive lot in desirable Palo Alto neighborhood, just a half-mile to shopping & dining in Midtown. Interior features 4 spacious bedrooms, 2 separate living areas, & gorgeous wide-plank hardwood floors throughout. The fully-renovated u-shaped kitchen is complete w/ Calacutta countertops, Fridgidare appliances, & sleek tile backsplash. Both bathrooms feature Calacutta countertops, porcelain tile flooring, & contemporary fixtures. Other features include recessed lighting throughout, wood-burning fireplace, large master retreat w/ private entrance to backyard, & dedicated laundry room w/ sink, & door to back patio. Expansive backyard features a large detached garage, mature trees, & is filled w/ opportunity to create your dream backyard. Dont miss out on the opportunity to own this wonderful property in one of the peninsula's most sought after areas. Award-winning Palo Alto schools: Palo Verde Elementary, Jane Lathrop Middle, and Palo Alto High school.

Last Agent to Sell the Property

Vinicius Brasil

Keller Williams Thrive License #01419311 Listed on: 04/21/2021

Keller Williams Thrive

Co-Listed By

Anthony Jousselin

Keller Williams Thrive License #02081123

Last Buyer's Agent

Jack Lin

Top One Investment Inc License #01438311

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $44,673

Year Built

  • 1963

Lot Details

  • 10,515 Sq Ft Lot
  • North Facing Home

Parking

  • 2 Car Detached Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,935 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Separate Family Room
  • Dining Area
  • Laundry in unit

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$44,673

Year Built

1963

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Age: 58
  • Listing Class: Residential
  • Structure Sq Ft: 1935
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1963

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining Area
  • Fireplace: Yes
  • Living Sq Ft: 1935
  • Stories: 1
  • Laundry: Inside
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Property Faces: North

Garage/Parking

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

Utilities

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

Schools

  • School District: Palo Alto Unified
  • Elementary School: Palo Verde Elementary
  • Middle School: Jane Lathrop Stanford Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 320
  • Middle School: 322

Lot Info

  • Lot Acres: 0.2414
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10517.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 10517.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2021
Closed on
May 18, 2021
Sold by
Sato Jeffrey K and Sato Gary O
Bought by
Ye Ning and Kong Danyang
Seller's Agent
Vinicius Brasil
Keller Williams Thrive
Buyer's Agent
Jack Lin
Top One Investment Inc
List Price
$3,000,000
Sold Price
$3,950,000
Premium/Discount to List
$950,000
31.67%
Current Estimated Value
$4,275,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$325,761
Avg. Annual Appreciation
1.89%
Original Mortgage
$3,000,000
Outstanding Balance
$2,718,241
Interest Rate
2.37%
Mortgage Type
New Conventional
Estimated Equity
$1,557,520

Purchase Details

Closed on
Jan 16, 2021
Sold by
Sato Jeffrey Kaz and Sato Revocable Trust
Bought by
Sato Jeffrey K and Sato Gary O
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
Ye Ning $3,950,000 Lawyers Title Company
Sato Jeffrey K -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ye Ning $3,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2021 05/28/21 Sold $3,950,000 +12.9% $2,041 / Sq Ft
04/29/2021 04/29/21 Price Changed $3,500,000 +16.7% $1,809 / Sq Ft
04/28/2021 04/28/21 Pending -- -- --
04/21/2021 04/21/21 For Sale $3,000,000 -- $1,550 / 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 $44,673 $3,695,000 $3,461,100 $233,900
2024 $44,673 $3,800,000 $3,550,000 $250,000
2023 $43,721 $4,109,580 $3,849,480 $260,100
2022 $48,006 $4,029,000 $3,774,000 $255,000
2021 $1,491 $122,047 $37,328 $84,719
2020 $1,460 $120,797 $36,946 $83,851
2019 $1,443 $118,429 $36,222 $82,207
2018 $1,416 $116,108 $35,512 $80,596
2017 $2,178 $113,832 $34,816 $79,016
2016 $1,341 $111,601 $34,134 $77,467
2015 $1,327 $109,926 $33,622 $76,304
2014 $1,307 $107,774 $32,964 $74,810
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81840127

MLSListings

APN: 127-51-005