NOT LISTED FOR SALE

3198 Louis Rd Palo Alto, CA 94303

Midtown Palo Alto Neighborhood

Estimated Value: $3,127,849 - $3,597,000

3 Beds
2 Baths
1,338 Sq Ft
$2,523/Sq Ft Est. Value

Last Sold March 09, 2021

Last sale price $2,710,000 $2,025 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $21,145/month

2 Days on Market

Highlights

  • Wood Flooring
  • Granite Countertops
  • 2 Car Detached Garage
  • Palo Verde Elementary School Rated A+
  • Beamed Ceilings
  • Skylights

About This Home

As of March 2021

Absolutely gorgeous light-filled home in the desirable Midtown neighborhood. This move-in condition home was fully remodeled from the studs up and is approximately 1,334 sqft of living space and includes 3 bedrooms and 2 full baths. Spacious kitchen with maple custom cabinetry, granite Counters, stainless steel appliances. Exposed refinished ceilings, refinished hardwood floors throughout the house. Living room with gas fireplace and French doors. Dual pane windows, newer doors throughout the house. Wired with ethernet and cable to all rooms. The recently landscaped front and backyard with private patios, lush lawn, colorful perennials, providing an ideal setting for relaxing, outdoor dining and entertainment. Truly a captivating family home and seamless indoor/outdoor integration for California living. Enjoy the convenience of a location close to shopping and restaurants, vibrant California Avenue, downtown Palo Alto and Stanford University with easy access to highways

Last Agent to Sell the Property

Samia Cullen

Golden Gate Sotheby's International Realty License #01180821 Listed on: 01/30/2021

Golden Gate Sotheby's International Realty

Last Buyer's Agent

Jie Bing

BQ Realty License #02094891

BQ Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,708

Year Built

  • 1958

Lot Details

  • 7,031 Sq Ft Lot
  • Wood Fence
  • Sprinklers on Timer
  • Back Yard

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Off-Street Parking
  • Off-Site Parking

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 1,338 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Skylights
  • Bay Window
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Crawl Space
  • Laundry in Garage

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Utilities

  • Forced Air Heating System

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,708

Year Built

1958

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Style: Ranch
  • Age: 63
  • Listing Class: Residential
  • Structure Sq Ft: 1338
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1958

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room
  • Dining Room: Dining Area In Living Room
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Microwave, Oven - Gas, Oven Range, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1338
  • Stories: 1
  • Laundry: In Garage
  • Flooring: Hardwood, Tile
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Full On Ground Floor, Primary - Stall Shower(s), Shower Over Tub - 1, Stall Shower, Tile

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space
  • Roof: Composition
  • Yard/Grounds: Back Yard, Fenced, Sprinklers - Auto, Sprinklers - Lawn
  • Fencing: Wood
  • Construction Type: Stucco

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Detached Garage, Gate / Door Opener, Off-Site Parking, Off-Street Parking

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Bay Window, Open Beam Ceiling, Skylight

Schools

  • School District: Palo Alto Unified
  • Elementary School: Palo Verde Elementary
  • Middle School: Frank S. Greene Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 320
  • Middle School: 329

Lot Info

  • Lot Acres: 0.1614
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7031.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7031.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2021
Closed on
Feb 22, 2021
Sold by
Srinivas Sampath and The Blue Tree Trust
Bought by
Ba Shan and Dong Taoran
Seller's Agent
Samia Cullen
Golden Gate Sotheby's International Realty
Buyer's Agent
Jie Bing
BQ Realty
List Price
$2,998,000
Sold Price
$2,710,000
Premium/Discount to List
-$288,000
-9.61%
Current Estimated Value
$3,375,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$665,962
Avg. Annual Appreciation
5.03%
Original Mortgage
$1,960,000
Outstanding Balance
$1,760,988
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$1,614,974

Purchase Details

Closed on
Jul 2, 2017
Sold by
Srinivas Sampath and Chari Sripriya
Bought by
Srinivas Sampath and Chari Sripriya

Purchase Details

Closed on
Jan 21, 2017
Sold by
Srinivas Sampath and Chari Sripriya
Bought by
Srinivas Sampath

Purchase Details

Closed on
Nov 11, 2013
Sold by
Srinivas Sampath and Chari Sripriva
Bought by
Srinivas Sampath and Chari Shipriva

Purchase Details

Closed on
Jul 21, 2003
Sold by
Srinivas Sampath and Chari Sripriya
Bought by
Srinivas Sampath and Chari Sripriya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 3, 2003
Sold by
Chari Sripriya and Srinivas Sampath
Bought by
Srinivas Sampath and Chari Sripriya

Purchase Details

Closed on
Apr 2, 2002
Sold by
Nguyen Sophie S P and Nguyen Sylvie V
Bought by
Srinivas Sampath and Chari Sripriya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
6.78%

Purchase Details

Closed on
Jul 21, 2000
Sold by
Lange Violet M Trustee and Dumont Shirley E Trustee
Bought by
Nguyen Sophie S P and Nguyen Sylvie X

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,300
Interest Rate
7.87%

Purchase Details

Closed on
May 29, 1998
Sold by
Lange Violet M
Bought by
Lange Violet M and Dumont Shirley E

Purchase Details

Closed on
Nov 21, 1994
Sold by
Lange Violet M
Bought by
Lange Violet M
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
Ba Shan $2,710,000 Chicago Title Company
Srinivas Sampath -- None Available
Srinivas Sampath -- None Available
Srinivas Sampath -- None Available
Srinivas Sampath -- None Available
Srinivas Sampath -- Chicago Title Pirt Dept
Srinivas Sampath -- --
Srinivas Sampath $740,000 Old Republic Title Company
Nguyen Sophie S P -- First American Title Guarant
Lange Violet M -- --
Lange Violet M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ba Shan $1,960,000
Previous Owner Srinivas Sampath $510,000
Previous Owner Srinivas Sampath $518,000
Previous Owner Srinivas Sampath $520,000
Previous Owner Srinivas Sampath $520,000
Previous Owner Nguyen Sophie S P $510,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2021 03/09/21 Sold $2,710,000 +17.9% $2,025 / Sq Ft
02/02/2021 02/02/21 Pending -- -- --
02/01/2021 02/01/21 Price Changed $2,298,000 -23.3% $1,717 / Sq Ft
01/30/2021 01/30/21 For Sale $2,998,000 -- $2,241 / 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 $34,708 $2,933,388 $2,814,322 $119,066
2024 $34,708 $2,875,872 $2,759,140 $116,732
2023 $34,197 $2,819,484 $2,705,040 $114,444
2022 $33,802 $2,764,200 $2,652,000 $112,200
2021 $12,980 $1,009,936 $887,115 $122,821
2020 $12,723 $999,581 $878,019 $121,562
2019 $12,579 $979,982 $860,803 $119,179
2018 $12,246 $960,768 $843,925 $116,843
2017 $12,031 $941,930 $827,378 $114,552
2016 $11,712 $923,461 $811,155 $112,306
2015 $11,594 $909,591 $798,971 $110,620
2014 $11,302 $891,775 $783,321 $108,454
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Samia Cullen

    Golden Gate Sotheby's International Realty

    Section Image

  • J

    Buyer's Agent in 2021

    Jie Bing

    BQ Realty

    Section Image
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Map

Source: MLSListings

MLS Number: ML81827824

MLSListings

APN: 127-59-052

California Santa Clara County Palo Alto 94303 Midtown Palo Alto

3198 Louis Rd, Palo Alto, CA

This home is located at 3198 Louis Rd, Palo Alto, CA 94303 since 30 January 2021 and is currently estimated at $3,375,962, approximately $2,523 per square foot. This property was built in 1958. 3198 Louis 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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