NOT LISTED FOR SALE

Estimated Value: $3,274,000 - $3,445,000

3 Beds
2 Baths
1,335 Sq Ft
$2,516/Sq Ft Est. Value

Last Sold January 12, 2024

Last sale price $3,150,000 $2,360 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $17,889/month

Highlights

  • Wood Flooring
  • 2 Car Attached Garage
  • Separate Family Room
  • Palo Verde Elementary School Rated A+
  • Forced Air Heating System
  • Dining Area

About This Home

As of January 2024

Welcome to this updated, stylish Palo Alto home, a perfect blend of modern design and serene nature. The minimalist exterior, with its clean lines and texture interplay, is surrounded by mature trees, offering a tranquil retreat. Step inside to an open living area where sunlight highlights the hardwood floors and high ceilings give a sense of space. Neutral walls and glass features create a canvas for personal style, while the centrally located kitchen encourages culinary adventures. Outdoors, the private garden and pergola-covered patio promise relaxation and entertainment in a verdant setting. Located near Seale Park, within a welcoming community, this home delivers an ideal mix of privacy and neighborhood charm, catering to those seeking a peaceful sanctuary with a connected community feel. Embrace the opportunity to create your own haven in this exquisite Midtown residence, where every detail is crafted for comfort and style. Top Palo Alto schools.

Last Agent to Sell the Property

Omar M. Kinaan

Golden Gate Sotheby's International Realty License #01723115 Listed on: 01/05/2024

Golden Gate Sotheby's International Realty

Last Buyer's Agent

Fan Wang

Keller Williams Thrive License #02131128

Keller Williams Thrive

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 8,416 Sq Ft Lot
  • Zoning described as R1

Parking

  • 2 Car Attached Garage

Home Design

  • Raised Foundation
  • Tar and Gravel Roof

Interior Spaces

  • 1,335 Sq Ft Home
  • 1-Story Property
  • Separate Family Room
  • Living Room with Fireplace
  • Dining Area

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 127-58-021

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 1335
  • Incorporated: Yes
  • Year Built: 1955
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room
  • Dining Room: Dining Area
  • Living Sq Ft: 1335
  • Stories: 1
  • Flooring: Hardwood, Tile, Vinyl / Linoleum
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Raised
  • 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

Lot Info

  • Parcel Number: 127-58-021
  • Lot Acres: 0.1932
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8417.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8417.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 24, 2024
Sold by
Zheng Zhongyue and He Zhaochang
Bought by
Zheng And He Family Trust and Zheng
Current Estimated Value
$3,358,543

Purchase Details

Listed on
Jan 5, 2024
Closed on
Jan 3, 2024
Sold by
Scarlett Living Trust and Scarlett Nora Stephanie
Bought by
Zheng Zhongyue and He Zhaochang
Seller's Agent
Omar M. Kinaan
Golden Gate Sotheby's International Realty
Buyer's Agent
Fan Wang
Keller Williams Thrive
List Price
$2,995,000
Sold Price
$3,150,000
Premium/Discount to List
$155,000
5.18%
Views
13

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.29%
Original Mortgage
$2,495,000
Interest Rate
6.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 1998
Sold by
Scarlett Robert M
Bought by
Scarlett Robert M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Zheng And He Family Trust -- None Listed On Document
Zheng Zhongyue $3,150,000 First American Title
Scarlett Robert M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zheng Zhongyue $2,495,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/12/2024 01/12/24 Sold $3,150,000 +5.2% $2,360 / Sq Ft
01/05/2024 01/05/24 Pending -- -- --
01/05/2024 01/05/24 For Sale $2,995,000 -- $2,243 / 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 $3,939 $3,213,000 $3,111,000 $102,000
2024 $3,939 $248,657 $102,123 $146,534
2023 $3,939 $243,782 $100,121 $143,661
2022 $3,823 $239,003 $98,158 $140,845
2021 $3,747 $234,318 $96,234 $138,084
2020 $3,686 $231,917 $95,248 $136,669
2019 $3,640 $227,371 $93,381 $133,990
2018 $3,560 $222,913 $91,550 $131,363
2017 $3,496 $218,543 $89,755 $128,788
2016 $3,399 $214,259 $87,996 $126,263
2015 $3,277 $211,042 $86,675 $124,367
2014 $3,118 $206,909 $84,978 $121,931
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81950655

MLSListings

APN: 127-58-021