NOT LISTED FOR SALE

Estimated Value: $4,635,000 - $5,340,113

5 Beds
4 Baths
2,800 Sq Ft
$1,794/Sq Ft Est. Value

Last Sold May 29, 2020

Last sale price $4,010,000 $1,432 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $30,711/month

35 Days on Market

Highlights

  • Wine Cellar
  • Home Theater
  • Deck
  • El Carmelo Elementary School Rated A+
  • Primary Bedroom Suite
  • Family Room with Fireplace

About This Home

As of May 2020

Custom-built in 2000 and feels all new again w/granite slab kitchen, stainless gas appliances, new hardwood flooring, double-pane windows, new interior paint, and new lighting! Excellent floor plan, lots of windows, and a big kitchen/open family room! 4 bedrooms 3 baths PLUS an office area upstairs, one bedroom and a full bath downstairs, PLUS an ~1000 sq ft basement big enough for/used as a large family/kids/teen/adult room AND a movie room AND a game room/ping-pong/arts and crafts room/artists studio/loud music/homework/study room (not included in the 2800 sq ft living space) Large lot w/big private backyard, wonderful entertainer's deck, and lots of grass to play on! Prime Midtown location--walk to groceries, coffee, ice cream, YMCA, Winter Lodge, the new community center/library, 3 parks; bike to Caltrain, Intuit, Google, Facebook, and to ALL of the great companies! Top Palo Alto schools: Walk to El Carmelo Elementary & JLS Middle, bike to Gunn High School! Do not miss this one!

Last Agent to Sell the Property

Eric Fischer-Colbrie

Intero Real Estate Services License #00922040 Listed on: 03/20/2020

Intero Real Estate Services

Last Buyer's Agent

Umang Sanchorawala

Compass License #01471341

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $51,508

Year Built

  • 2000

Lot Details

  • 8,002 Sq Ft Lot
  • Fenced
  • Sprinklers on Timer
  • Back Yard

Parking

  • 2 Car Attached Garage

Home Design

  • Ceiling Insulation
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,800 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Double Pane Windows
  • Formal Entry
  • Wine Cellar
  • Family Room with Fireplace
  • 2 Fireplaces
  • Great Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Theater
  • Recreation Room
  • Bonus Room
  • Storage Room
  • Utility Room
  • Wood Flooring
  • Attic
  • Finished Basement

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Built-In Self-Cleaning Double Oven
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bathroom on Main Level
  • 4 Full Bathrooms
  • Marble Bathroom Countertops
  • Dual Sinks
  • Jetted Tub in Primary Bathroom
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer
  • Laundry Tub

Outdoor Features

  • Balcony
  • Deck
  • Shed
  • Barbecue Area

Additional Features

  • Energy-Efficient Insulation
  • Forced Air Zoned Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$51,508

Year Built

2000

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 2800
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2000

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Family Room, Gas Burning, Living Room
  • Dining Room: Breakfast Nook, Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Garbage Disposal, Hood Over Range, Microwave, Oven - Built-In, Oven - Double, Oven - Self Cleaning, Oven Range - Built-In, Gas, Oven Range - Gas, Pantry, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 2800
  • Stories: 2
  • Bedrooms: Ground Floor Bedroom, Primary Suite / Retreat, Walk-In Closet
  • Laundry: In Utility Room, Inside, Tub / Sink, Washer / Dryer
  • Flooring: Hardwood
  • Additional Rooms: Attic, Basement - Finished, Basement - Unfinished, Bonus / Hobby Room, Formal Entry, Great Room, Laundry Room, Media / Home Theater, Recreation Room, Storage, Utility Room, Wine Cellar / Storage
  • Fireplaces Min: 2
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Bathroom: Double Sinks, Full On Ground Floor, Marble, Primary - Stall Shower(s), Primary - Tub With Jets, Shower And Tub, Stall Shower, Stall Shower - 2+, Tile, Tubs - 2+

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Yard/Grounds: Back Yard, Balcony / Patio, Bbq Area, Deck, Fenced, Sprinklers - Auto, Sprinklers - Lawn, Storage Shed / Structure

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air - Gas, Heating - 2+ Zones
  • Sewer/Septic System: Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Vaulted Ceiling, Walk-In Closet

Schools

  • High School: 325

Lot Info

  • Lot Acres: 0.1837
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8000.00

Green Features

  • Energy Features: Ceiling Insulation, Double Pane Windows, Walls Insulated

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2020
Closed on
Apr 29, 2020
Sold by
Butera Richard Randall and Dangler Chantal Michelle
Bought by
Vartak Unmesh and Ranade Smita
Seller's Agent
Eric Fischer-Colbrie
Intero Real Estate Services
Buyer's Agent
Umang Sanchorawala
Compass
List Price
$4,250,000
Sold Price
$4,010,000
Premium/Discount to List
-$240,000
-5.65%
Current Estimated Value
$5,022,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,012,528
Avg. Annual Appreciation
4.22%
Original Mortgage
$2,406,000
Outstanding Balance
$2,070,574
Interest Rate
1.87%
Mortgage Type
New Conventional
Estimated Equity
$2,951,954

Purchase Details

Closed on
Dec 12, 2017
Sold by
Butera Richard Randall and Dangler Chantal Michelle
Bought by
Butera Richard Randall and Dangler Chantal Michelle

Purchase Details

Closed on
Jul 31, 1998
Sold by
Ingham Robert H and Ingham Maxine B
Bought by
Butera Richard Randall and Dangler Chantal Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,000
Interest Rate
7%
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
Vartak Unmesh $4,010,000 Chicago Title Company
Butera Richard Randall -- None Available
Butera Richard Randall $580,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vartak Unmesh $2,406,000
Previous Owner Butera Richard Randall $435,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2020 05/29/20 Sold $4,010,000 -5.6% $1,432 / Sq Ft
04/25/2020 04/25/20 Pending -- -- --
03/20/2020 03/20/20 For Sale $4,250,000 -- $1,518 / 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 $51,508 $4,385,518 $3,116,890 $1,268,628
2024 $51,508 $4,299,528 $3,055,775 $1,243,753
2023 $50,754 $4,215,224 $2,995,858 $1,219,366
2022 $50,175 $4,132,573 $2,937,116 $1,195,457
2021 $49,188 $4,051,543 $2,879,526 $1,172,017
2020 $19,886 $1,615,097 $788,410 $826,687
2019 $19,664 $1,583,429 $772,951 $810,478
2018 $19,129 $1,552,383 $757,796 $794,587
2017 $18,792 $1,521,945 $742,938 $779,007
2016 $18,296 $1,492,104 $728,371 $763,733
2015 $18,115 $1,469,693 $717,431 $752,262
2014 $17,716 $1,440,905 $703,378 $737,527
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81787506

MLSListings

APN: 132-15-068