NOT LISTED FOR SALE

3188 Ross Rd Palo Alto, CA 94303

Midtown Palo Alto Neighborhood

Estimated Value: $3,502,000 - $4,113,000

4 Beds
2 Baths
1,651 Sq Ft
$2,272/Sq Ft Est. Value

Last Sold August 31, 2016

Last sale price $2,325,000 $1,408 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $22,946/month

109 Days on Market

Highlights

  • Wood Flooring
  • Granite Countertops
  • Bathtub with Shower
  • Palo Verde Elementary School Rated A+
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System

About This Home

As of August 2016

Midtown gem: central location w/spacious, bright floor plan. 4 bd/2 ba including private master suite with new bathroom. Large and sunny updated kitchen with granite counters and eating area. Big rooms throughout with refinished hardwood floors and fresh paint. Refreshed landscaping with grass areas, auto sprinklers, and room for edible gardens. Large concrete pad alongside garage - perfect for additional or large vehicle parking. Close to shopping, restaurants, park, schools, and transportation routes.

Last Agent to Sell the Property

Don Yarkin

Yarkin Realty License #00673086 Listed on: 04/13/2016

Last Buyer's Agent

Jack Lin

Top One Investment Inc License #01438311

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,084

Year Built

  • Built in 1956

Lot Details

  • 6,621 Sq Ft Lot
  • Zoning described as R1

Parking

  • 2 Car Garage
  • On-Street Parking

Home Design

  • Pillar, Post or Pier Foundation
  • Wood Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,651 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Dining Room
  • Crawl Space
  • Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Electric Cooktop
  • Range Hood
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 127-51-006

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,084

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Age: 60
  • Listing Class: Residential
  • Structure Sq Ft: 1651
  • Year Built: 1956
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Eat in Kitchen, No Formal Dining Room
  • Kitchen: Cooktop - Electric, Countertop - Granite, Dishwasher, Hood Over Range, Oven - Built-In, Refrigerator
  • Living Sq Ft: 1651
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Hardwood, Tile
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Bathroom: Shower and Tub, Stall Shower, Tile, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space, Post and Pier
  • Roof: Wood Shakes / Shingles

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, On Street, Room for Oversized Vehicle

Utilities

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

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

  • Parcel Number: 127-51-006
  • Lot Acres: 0.1520
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6599.34
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6599.34

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Palo Verde Elementary
  • High School Text: Palo Alto High
  • Middle School Text: Jane Lathrop Stanford Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2016
Closed on
Aug 25, 2016
Sold by
Potash Bruce S
Bought by
Zhao Qian and Chen Peng
Seller's Agent
Don Yarkin
Yarkin Realty
Buyer's Agent
Jack Lin
Top One Investment Inc
List Price
$2,340,000
Sold Price
$2,325,000
Premium/Discount to List
-$15,000
-0.64%
Current Estimated Value
$3,720,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,395,567
Avg. Annual Appreciation
5.38%
Original Mortgage
$1,700,000
Outstanding Balance
$1,342,943
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,378,974

Purchase Details

Closed on
Apr 26, 2006
Sold by
Potash Bruce S
Bought by
Potash Bruce S

Purchase Details

Closed on
Nov 11, 1997
Sold by
Leonard Potash and Leonard Floryne G
Bought by
Potash Leonard
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
Zhao Qian $2,325,000 Chicago Title Company
Potash Bruce S -- None Available
Potash Leonard -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhao Qian $1,026,535
Closed Zhao Qian $1,030,000
Open Zhao Qian $1,700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2016 08/31/16 Sold $2,325,000 -0.6% $1,408 / Sq Ft
08/01/2016 08/01/16 Pending -- -- --
07/20/2016 07/20/16 For Sale $2,340,000 +0.6% $1,417 / Sq Ft
07/11/2016 07/11/16 Off Market $2,325,000 -- --
04/23/2016 04/23/16 Pending -- -- --
04/13/2016 04/13/16 For Sale $2,340,000 -- $1,417 / 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 $32,084 $2,698,357 $2,640,331 $58,026
2024 $32,084 $2,645,449 $2,588,560 $56,889
2023 $31,613 $2,593,578 $2,537,804 $55,774
2022 $31,248 $2,542,725 $2,488,044 $54,681
2021 $30,633 $2,492,868 $2,439,259 $53,609
2020 $30,000 $2,467,308 $2,414,248 $53,060
2019 $29,670 $2,418,930 $2,366,910 $52,020
2018 $28,854 $2,371,500 $2,320,500 $51,000
2017 $2,026 $93,984 $28,512 $65,472
2016 $1,967 $92,142 $27,953 $64,189
2015 $1,941 $90,759 $27,534 $63,225
2014 $1,805 $88,982 $26,995 $61,987
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    Don Yarkin

    Yarkin Realty

    (650) 833-1337

    3 in this area

    37 Total Sales

    Section Image

  • J

    Buyer's Agent in 2016

    Jack Lin

    Top One Investment Inc

    (408) 666-5709

    1 in this area

    34 Total Sales

    Section Image
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Map

Source: MLSListings

MLS Number: ML81580016

MLSListings

APN: 127-51-006

California Santa Clara County Palo Alto 94303 Midtown Palo Alto

3188 Ross Rd, Palo Alto, CA

This home is located at 3188 Ross Rd, Palo Alto, CA 94303 since 13 April 2016 and is currently estimated at $3,751,025, approximately $2,271 per square foot. This property was built in 1956. 3188 Ross Rd is a home located in Santa Clara County with nearby schools including Palo Verde Elementary School, Jane Lathrop Stanford Middle School, and Palo Alto High School.

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