NOT LISTED FOR SALE

319 Addison Ave Palo Alto, CA 94301

University South Neighborhood

Estimated Value: $3,416,000 - $4,595,150

5 Beds
3 Baths
2,205 Sq Ft
$1,839/Sq Ft Est. Value

Last Sold June 01, 2023

Last sale price $3,905,000 $1,771 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $25,389/month

10 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Attic
  • Addison Elementary School Rated A+
  • Main Floor Bedroom
  • 1-minute walk to Scott Park

About This Home

As of June 2023

Located in the Professorville neighborhood, this 5-bedroom, 3-bathroom home boasts a beautiful blend of comfort, style, and convenience. The multi-functional floor plan of this house is a standout feature, perfect for accommodating multiple uses. If you're in need of extra living space, there's a fully remodeled junior accessory dwelling unit (ADU). Enjoy the outdoors with private decks on both the first and second floors. Ample storage is available in the basement and attic. What sets this home apart is its unbeatable location, where you're just a short walk from some of Palo Alto's finest restaurants, schools, and parks, making it the perfect place to call home. See more at 319Addison.com.

Last Agent to Sell the Property

Kristine Lyng

Taylor Properties License #02087428 Listed on: 04/21/2023

Last Buyer's Agent

Laurel Robinson

Christie's International Real Estate Sereno License #01747147

Christie's International Real Estate Sereno

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $47,714

Year Built

  • Built in 1902

Lot Details

  • 5,249 Sq Ft Lot
  • Gated Home
  • Drought Tolerant Landscaping
  • Grass Covered Lot
  • Zoning described as R2

Parking

  • On-Street Parking

Home Design

  • Raised Foundation
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,205 Sq Ft Home
  • 2-Story Property
  • Gas Log Fireplace
  • Bay Window
  • Separate Family Room
  • Combination Dining and Living Room
  • Washer and Dryer
  • Attic
  • Unfinished Basement

Kitchen

  • Breakfast Area or Nook
  • Range Hood
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • 3 Full Bathrooms

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Zoned Cooling
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 120-17-084

Home Details

Home Type

Single Family

Est. Annual Taxes

$47,714

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Age: 121
  • Listing Class: Residential
  • Structure Sq Ft: 2205
  • Incorporated: Yes
  • Year Built: 1902
  • Zoning Description: R2
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Log, Gas Starter
  • Dining Room: Breakfast Nook, Dining Area in Living Room
  • Kitchen: Countertop - Tile, Dishwasher, Garbage Disposal, Hood Over Range, Refrigerator
  • Living Sq Ft: 2205
  • Stories: 2
  • Bedrooms: More than One Bedroom on Ground Floor
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Concrete, Tile, Wood
  • Additional Rooms: Attic, Basement - Unfinished
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter, Raised
  • Roof: Composition
  • Yard/Grounds: Balcony / Patio, Deck, Drought Tolerant Plants, Fenced, Low Maintenance
  • Fencing: Fenced, Gate

Garage/Parking

  • Garage Parking Features: On Street

Utilities

  • Cooling System: Multi-Zone
  • Heating System: Electric, Heat Pump
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Bay Window

Schools

  • School District: Palo Alto Unified
  • Elementary School: Addison Elementary
  • Middle School: Frank S. Greene Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 309
  • Middle School: 329

Lot Info

  • Parcel Number: 120-17-084
  • Lot Acres: 0.1205
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5250.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5250.00

Multi Family

  • Utilities: Natural Gas, Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Addison Elementary
  • High School Text: Palo Alto High
  • Middle School Text: Frank S. Greene Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2023
Closed on
May 10, 2023
Sold by
Martin Andrew B and Revo Marina
Bought by
Abouzaid Mohammed and Abouzaid Erin Elizabeth
Seller's Agent
Kristine Lyng
Taylor Properties
Buyer's Agent
Laurel Robinson
Christie's International Real Estate Sereno
List Price
$3,898,000
Sold Price
$3,905,000
Premium/Discount to List
$7,000
0.18%
Views
44
Current Estimated Value
$4,054,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,717
Original Mortgage
$700,000
Outstanding Balance
$682,024
Interest Rate
6.39%

Purchase Details

Closed on
Nov 23, 2021
Sold by
1031 Ep1 Inc
Bought by
Martin Andrew B and Martin Marina H

Purchase Details

Listed on
May 6, 2021
Closed on
May 24, 2021
Sold by
Moulton Jeanne and Herineberg Moulton Family Trus
Bought by
1031 Ep1 Inc
Seller's Agent
Steve Pierce
Zane MacGregor
Buyer's Agent
Sharon Witte
Compass
List Price
$2,998,000
Sold Price
$3,800,000
Premium/Discount to List
$802,000
26.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,795,555
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
May 19, 2016
Sold by
Henneberg Matthias M and Moulton Jeanne
Bought by
Henneberg Moulton Family Trust and Moulton Jeanne
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
Abouzaid Mohammed $3,905,000 First American Title
Martin Andrew B $3,800,000 Chicago Title Company
1031 Ep1 Inc $3,800,000 Chicago Title Company
Henneberg Moulton Family Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abouzaid Mohammed $700,000
Closed Abouzaid Mohammed $250,000
Closed Abouzaid Mohammed $100,000
Closed Abouzaid Mohammed $300,000
Open Abouzaid Mohammed $1,083,500
Previous Owner 1031 Ep1 Inc $3,795,555
Previous Owner Moulton Jeanne $1,000,000
Previous Owner Henneberg Matthias M $200,000
Previous Owner Henneberg Matthias M $255,000
Previous Owner Henneberg Mattias M $250,000
Previous Owner Henneberg Matthias M $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2023 06/01/23 Sold $3,905,000 +0.2% $1,771 / Sq Ft
05/02/2023 05/02/23 Pending -- -- --
04/21/2023 04/21/23 For Sale $3,898,000 +2.6% $1,768 / Sq Ft
05/28/2021 05/28/21 Sold $3,800,000 +26.8% $1,723 / Sq Ft
05/18/2021 05/18/21 Pending -- -- --
05/06/2021 05/06/21 For Sale $2,998,000 -- $1,360 / 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 $47,714 $4,062,762 $3,745,440 $317,322
2024 $47,714 $3,983,100 $3,672,000 $311,100
2023 $46,754 $3,876,000 $3,672,000 $204,000
2022 $46,219 $3,800,000 $3,600,000 $200,000
2021 $3,772 $236,112 $61,234 $174,878
2020 $3,711 $233,692 $60,607 $173,085
2019 $3,582 $229,111 $59,419 $169,692
2018 $3,502 $224,619 $58,254 $166,365
2017 $3,437 $220,215 $57,112 $163,103
2016 $3,341 $215,898 $55,993 $159,905
2015 $3,300 $212,656 $55,152 $157,504
2014 $3,140 $208,491 $54,072 $154,419
Source: Public Records

Agents Affiliated with this Home

  • Kristine Lyng

    Seller's Agent in 2023

    Kristine Lyng

    Taylor Properties

    (650) 766-1223

    2 in this area

    13 Total Sales

    Kristine Lyng
    Section Image
  • Laurel Robinson

    Buyer's Agent in 2023

    Laurel Robinson

    Sereno Group

    (650) 269-7266

    1 in this area

    7 Total Sales

    Laurel Robinson
    Section Image
  • Leannah Hunt

    Buyer Co-Listing Agent in 2023

    Leannah Hunt

    Sereno Group

    (650) 475-2030

    1 in this area

    17 Total Sales

    Leannah Hunt
    Section Image
  • Steve Pierce

    Seller's Agent in 2021

    Steve Pierce

    Zane MacGregor

    (650) 324-9900

    4 in this area

    27 Total Sales

    Steve Pierce
    Section Image

  • S

    Buyer's Agent in 2021

    Sharon Witte

    Compass

    Section Image
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Map

Source: MLSListings

MLS Number: ML81925546

MLSListings

APN: 120-17-084

California Santa Clara County Palo Alto 94301 University South

319 Addison Ave, Palo Alto, CA

This home is located at 319 Addison Ave, Palo Alto, CA 94301 since 21 April 2023 and is currently estimated at $4,054,717, approximately $1,838 per square foot. This property was built in 1902. 319 Addison Ave is a home located in Santa Clara County with nearby schools including Addison Elementary School, Frank S. Greene Jr. Middle, and Palo Alto High School.

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