NOT LISTED FOR SALE

Estimated Value: $4,597,000 - $5,619,000

4 Beds
4.5 Baths
3,016 Sq Ft
$1,705/Sq Ft Est. Value

Last Sold June 04, 2021

Last sale price $4,275,000 $1,417 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $32,325/month

23 Days on Market

Highlights

  • Two Primary Bedrooms
  • Skyline View
  • Wood Flooring
  • Palo Verde Elementary School Rated A+
  • Contemporary Architecture
  • Main Floor Primary Bedroom

About This Home

As of June 2021

Bright, fresh, and inviting, this 4-bedroom, 4.5-bathroom home offers a great location in desirable Midtown. Built in 2017, this home presents outstanding build quality, with high-end appointments including engineered oak floors and deep crown molding. A fireplace centers the living room, the chef's kitchen includes marble countertops and high-end appliances from Wolf and Sub-Zero, and the family room enjoys a built-in entertainment center. A private office provides great work-from-home space, and it may be converted into an additional bedroom. The master suite features 2 closets and a spa-like bathroom, while 2 additional bedroom suites offer convenience. The backyard includes a lawn, patio, and veranda, with great space for outdoor enjoyment. Moments to Midtown Shopping Center, convenient to California Avenue, plus Seale, Greer, and Hoover parks. Served by top-ranked Palo Verde Elementary, JLS Middle, Palo Alto High (buyer to verify eligibility).

Last Agent to Sell the Property

Michael Repka

Deleon Realty License #70010006 Listed on: 04/14/2021

Last Buyer's Agent

Jolin Zhu

Maxreal License #02071824

Maxreal

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $54,293

Year Built

  • 2017

Lot Details

  • 7,562 Sq Ft Lot
  • Back and Front Yard Fenced
  • Level Lot
  • Sprinklers on Timer

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • On-Street Parking

Property Views

  • Skyline
  • Neighborhood
  • Courtyard

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Tile Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 3,016 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Skylights
  • Gas Fireplace
  • Double Pane Windows
  • Formal Entry
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Bonus Room
  • Storage Room
  • Crawl Space
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Built-In Self-Cleaning Oven
  • Electric Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Marble Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Double Master Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • Marble Bathroom Countertops
  • Dual Sinks
  • Dual Flush Toilets
  • Low Flow Toliet
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Wood Insert Heater
  • Heating System Uses Gas
  • Thermostat
  • 220 Volts
  • Tankless Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$54,293

Year Built

2017

Lot Details

0

Parking

1

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Style: Contemporary
  • Age: 4
  • Listing Class: Residential
  • Structure Sq Ft: 3016
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2017

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Burning, Insert, Living Room
  • Dining Room: Breakfast Nook, Dining Bar, Formal Dining Room
  • Kitchen: 220 Volt Outlet, Cooktop - Gas, Countertop - Marble, Dishwasher, Garbage Disposal, Hood Over Range, Ice Maker, Island, Microwave, Oven - Built-In, Oven - Electric, Oven - Self Cleaning, Refrigerator, Wine Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 3016
  • Stories: 2
  • Security: Fire Alarm, Fire System - Sprinkler
  • Bedrooms: Primary Bedroom On Ground Floor, More Than One Primary Bedroom, Walk-In Closet
  • Laundry: Electricity Hookup (110V), Electricity Hookup (220V), Gas Hookup, Inside
  • Flooring: Hardwood, Tile
  • Additional Rooms: Attic, Bonus / Hobby Room, Den / Study / Office, Formal Entry, Laundry Room, Office Area, Storage
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Dual Flush Toilet, Full On Ground Floor, Half On Ground Floor, Marble, Shower Over Tub - 1, Skylight, Stall Shower - 2+, Tile, Tub

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space
  • Roof: Tile
  • View: Court, Neighborhood
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced, Sprinklers - Auto, Sprinklers - Lawn
  • Fencing: Fenced, Fenced Back, Fenced Front, Gate, Mixed Height / Type, Wood
  • Construction Type: Stucco, Wood Frame

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 2
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Attached Garage, Gate / Door Opener, On Street

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Skylight, Walk-In Closet

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

  • Lot Description: Grade - Level
  • Lot Acres: 0.1736
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7560.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7560.00

Green Features

  • Energy Features: Double Pane Windows, Low Flow Toilet, Skylight, Tankless Water Heater, Thermostat Controller

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2021
Closed on
Apr 23, 2021
Sold by
Berson Marc J and Berson Izabella E
Bought by
Pang Shu and Li Nan
Seller's Agent
Michael Repka
Deleon Realty
Buyer's Agent
Jolin Zhu
Maxreal
List Price
$3,788,000
Sold Price
$4,275,000
Premium/Discount to List
$487,000
12.86%
Current Estimated Value
$5,142,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$867,029
Avg. Annual Appreciation
4.43%
Original Mortgage
$3,000,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 17, 2017
Closed on
Jun 2, 2017
Sold by
Gao Zhengyu and Zeng Rong
Bought by
Sycz Berson Marc J and Sycz Berson Izabella E
Seller's Agent
Michael Repka
Deleon Realty
Buyer's Agent
Josh Felder
Compass
List Price
$2,988,000
Sold Price
$3,250,000
Premium/Discount to List
$262,000
8.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.19%
Original Mortgage
$2,600,000
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 14, 2014
Sold by
Gao Zhengyu and Zeng Rong
Bought by
Gao Zhengyu and Zeng Rong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 29, 2014
Sold by
Baxter Gregory T and Baxter Jana
Bought by
Gao Zhengyu and Zeng Rong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 13, 2005
Sold by
Shastri Rajan
Bought by
Baxter Gregory T and Baxter Jana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.67%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 31, 2000
Sold by
Scheuffele Tom E and Scheuffele Carol L
Bought by
Shastri Rajan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
8.19%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jul 13, 2000
Sold by
Shastri Usha K
Bought by
Shastri Rajan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
8.19%
Mortgage Type
Stand Alone First
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
Pang Shu $4,275,000 Chicago Title Company
Sycz Berson Marc J $3,250,000 Chicago Title Company
Gao Zhengyu $380,000 None Available
Gao Zhengyu $1,760,000 Cornerstone Title Company
Baxter Gregory T $899,500 First American Title Company
Shastri Rajan -- Chicago Title Co
Shastri Rajan -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pang Shu $2,984,000
Closed Pang Shu $3,000,000
Previous Owner Sycz Berson Marc J $2,600,000
Previous Owner Gao Zhengyu $1,000,000
Previous Owner Baxter Gregory T $625,500
Previous Owner Baxter Gregory T $213,000
Previous Owner Baxter Gregory T $650,000
Previous Owner Shastri Rajan $25,000
Previous Owner Shastri Rajan $500,000
Previous Owner Shastri Rajan $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2021 06/04/21 Sold $4,275,000 +4.6% $1,417 / Sq Ft
05/08/2021 05/08/21 Pending -- -- --
04/28/2021 04/28/21 Price Changed $4,088,000 +7.9% $1,355 / Sq Ft
04/14/2021 04/14/21 For Sale $3,788,000 +16.6% $1,256 / Sq Ft
06/23/2017 06/23/17 Sold $3,250,000 +8.8% $1,078 / Sq Ft
05/27/2017 05/27/17 Pending -- -- --
05/17/2017 05/17/17 For Sale $2,988,000 -- $991 / 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 $54,293 $4,627,397 $3,139,053 $1,488,344
2024 $54,293 $4,536,664 $3,077,503 $1,459,161
2023 $53,499 $4,447,710 $3,017,160 $1,430,550
2022 $52,888 $4,360,500 $2,958,000 $1,402,500
2021 $42,439 $3,484,656 $2,412,454 $1,072,202
2020 $41,555 $3,448,926 $2,387,718 $1,061,208
2019 $41,100 $3,381,300 $2,340,900 $1,040,400
2018 $39,962 $3,315,000 $2,295,000 $1,020,000
2017 $24,732 $2,018,433 $1,734,553 $283,880
2016 $21,833 $1,786,839 $1,700,543 $86,296
2015 $21,619 $1,760,000 $1,675,000 $85,000
2014 $12,533 $1,002,752 $701,873 $300,879
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81838949

MLSListings

APN: 127-08-013