NOT LISTED FOR SALE

Estimated Value: $2,605,000 - $2,989,624

2 Beds
1 Bath
1,277 Sq Ft
$2,183/Sq Ft Est. Value

Last Sold July 07, 2023

Last sale price $2,569,125 $2,012 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $17,392/month

129 Days on Market

Highlights

  • Wood Flooring
  • Formal Dining Room
  • Bungalow
  • Addison Elementary School Rated A+
  • Bathtub with Shower
  • 1-minute walk to Cogswell Plaza

About This Home

As of July 2023

Located 2 blocks from the hustle & bustle of University Avenues downtown area, Caltrain & Stanford, this charming 1918 bungalow welcomes you with a white picket fence, a brick courtyard, & a large, covered porch that leads inside the charming light-filled 2bd/1bath homedesigned w/ fresh paint & rich hardwood flooring extending through the living spaces that include a generous living/dining room combination w/ fireplace & recessed lighting, & existing dining room that can be converted to a 3rd BDR, family room or home office. Enjoy entertaining or gardening out back in the tree-shaded yard w/ lush lawn, rose bushes, & a added bonus of a detached cottage designed as full living quarters with 1bd/1ba, kitchenette, & living room for potential rental income or extended guest stay. This home offers endless possibilities to customize to accommodate your lifestyle needs. Short distance w/ a biking trail to top PA schools, Johnson Park, & commute routes to hwys & major tech companies.

Last Agent to Sell the Property

Umang Sanchorawala

Compass License #01471341 Listed on: 02/16/2023

Compass

Last Buyer's Agent

Rene Perez Jr

Arrivva, Inc. License #02115618

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,188

Year Built

  • Built in 1918

Lot Details

  • 5,624 Sq Ft Lot
  • Fenced
  • Zoning described as RM4

Home Design

  • Bungalow
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,277 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Formal Dining Room
  • Gas Oven

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry in Utility Room
  • Gas Dryer Hookup

Parking

  • 1 Carport Space
  • On-Street Parking

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 120-25-083

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,188

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Style: Bungalow
  • Age: 105
  • Listing Class: Residential
  • Structure Sq Ft: 1277
  • Year Built: 1918
  • Zoning Description: RM4
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Formal Dining Room
  • Kitchen: Oven Range - Gas, Refrigerator
  • Living Sq Ft: 1277
  • Stories: 1
  • Laundry: Electricity Hookup (110V), Gas Hookup, In Utility Room
  • Flooring: Tile, Wood
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Shower and Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Fencing: Fenced

Garage/Parking

  • Garage Parking Features: Carport, On Street, Parking Restrictions
  • Carport Min: 1

Utilities

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

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: 120-25-083
  • Lot Acres: 0.1291
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5624.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5624.00

Multi Family

  • Utilities: 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
Oct 6, 2016
Closed on
Oct 14, 2016
Sold by
Miller Laurie A
Bought by
Arna Iv Llc
Seller's Agent
Loren Dakin
Compass
Buyer's Agent
Priya Jadeja
KW Bay Area Living
List Price
$2,198,000
Sold Price
$2,575,000
Premium/Discount to List
$377,000
17.15%
Current Estimated Value
$2,787,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,406
Avg. Annual Appreciation
0.45%

Purchase Details

Closed on
Sep 15, 2009
Sold by
Miller Laurie A
Bought by
Miller Laurie A

Purchase Details

Closed on
Mar 22, 2005
Sold by
Holmes Sarah D
Bought by
Miller Laurie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$765,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 23, 1996
Sold by
Holmes Sarah D
Bought by
Holmes Sarah D
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
Arna Iv Llc $2,575,000 Lawyers Title Company
Miller Laurie A -- None Available
Miller Laurie -- First American Title Company
Holmes Sarah D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Miller Laurie $245,000
Previous Owner Miller Laurie $765,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2023 07/07/23 Sold $2,569,125 -2.1% $2,012 / Sq Ft
07/03/2023 07/03/23 Price Changed $2,625,000 -18.0% $2,056 / Sq Ft
06/26/2023 06/26/23 Pending -- -- --
02/16/2023 02/16/23 For Sale $3,200,000 +24.3% $2,506 / Sq Ft
10/17/2016 10/17/16 Sold $2,575,000 +17.2% $2,016 / Sq Ft
10/12/2016 10/12/16 Pending -- -- --
10/06/2016 10/06/16 For Sale $2,198,000 -- $1,721 / 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 $31,188 $2,620,507 $2,448,000 $172,507
2024 $31,188 $2,569,125 $2,400,000 $169,125
2023 $34,905 $2,872,458 $2,733,019 $139,439
2022 $34,503 $2,816,136 $2,679,431 $136,705
2021 $33,824 $2,760,919 $2,626,894 $134,025
2020 $33,123 $2,732,610 $2,599,959 $132,651
2019 $32,759 $2,679,030 $2,548,980 $130,050
2018 $31,856 $2,626,500 $2,499,000 $127,500
2017 $31,298 $2,575,000 $2,450,000 $125,000
2016 $19,076 $1,551,660 $1,412,992 $138,668
2015 $18,888 $1,528,354 $1,391,768 $136,586
2014 $18,479 $1,498,417 $1,364,506 $133,911
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81931696

MLSListings

APN: 120-25-083