NOT LISTED FOR SALE

Estimated Value: $3,665,000 - $4,286,000

3 Beds
2 Baths
1,431 Sq Ft
$2,699/Sq Ft Est. Value

Last Sold April 26, 2019

Last sale price $2,980,000 $2,082 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $24,652/month

6 Days on Market

Highlights

  • Forced Air Heating System
  • Combination Dining and Living Room
  • 1-Story Property
  • El Carmelo Elementary School Rated A+
  • Wood Burning Fireplace

About This Home

As of April 2019

A world of possibility awaits within this superbly located residence. Nestled along one of Midtown's finest streets, the freshly updated home on a sizable lot is entering the market for the first time. The property presents a prized address, central access, and endless potential including the opportunity to build your Silicon Valley dream home. This lovingly maintained home consists of a main house with three bedrooms and one full bathroom and a secondary unit with two bedrooms and one bathroom. This highly desired location has no through-traffic and is strolling distance to some of the highest-ranking schools in California. Within moments are shopping centers and multiple parks, including Mitchell Park (Palo Altos largest) and the adjacent community center and state-of-the-art library.

Last Agent to Sell the Property

Xin Jiang

Compass License #01961451 Listed on: 03/27/2019

Compass

Last Buyer's Agent

Mandana Simai

Christie's International Real Estate Sereno License #01437800

Christie's International Real Estate Sereno

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $45,246

Year Built

  • Built in 1951

Lot Details

  • 7,227 Sq Ft Lot
  • Zoning described as R1

Parking

  • 1 Carport Space

Home Design

  • Raised Foundation
  • Shingle Roof

Interior Spaces

  • 1,431 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 132-15-006

Home Details

Home Type

Single Family

Est. Annual Taxes

$45,246

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Age: 68
  • Listing Class: Residential
  • Structure Sq Ft: 1431
  • Year Built: 1951
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Family Room, Wood Burning
  • Dining Room: Dining Area in Living Room
  • Living Sq Ft: 1431
  • Stories: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Crawl Space, Raised
  • Roof: Shingle

Garage/Parking

  • Garage Parking Features: Carport
  • Carport Min: 1

Utilities

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

Schools

  • School District: Palo Alto Unified
  • Elementary School: El Carmelo Elementary
  • Middle School: Jane Lathrop Stanford Middle
  • High School: Henry M. Gunn High
  • High School: 325
  • Elementary School: 312
  • Middle School: 322

Lot Info

  • Parcel Number: 132-15-006
  • Lot Acres: 0.1659
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7225.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7225.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: El Carmelo Elementary
  • High School Text: Henry M. Gunn High
  • Middle School Text: Jane Lathrop Stanford Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2021
Sold by
Chiang Han Ting and Hsu Yueh Ching
Bought by
Chiang Han Ting and Hsu Yueh Ching
Current Estimated Value
$3,862,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,353,000
Outstanding Balance
$2,143,030
Interest Rate
2.25%
Mortgage Type
New Conventional
Estimated Equity
$1,719,097

Purchase Details

Closed on
Nov 29, 2021
Sold by
Yuan Qiming and Guo Lu
Bought by
Chiang Han Ting and Hsu Yuen Ching

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,353,000
Outstanding Balance
$2,143,030
Interest Rate
2.25%
Mortgage Type
New Conventional
Estimated Equity
$1,719,097

Purchase Details

Listed on
Mar 27, 2019
Closed on
Apr 19, 2019
Sold by
Flynn James and Flynn Erin
Bought by
Lu Yuan Qiming and Lu Guo
Seller's Agent
Xin Jiang
Compass
Buyer's Agent
Mandana Simai
Christie's International Real Estate Sereno
List Price
$2,650,000
Sold Price
$2,980,000
Premium/Discount to List
$330,000
12.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.15%
Original Mortgage
$2,200,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 14, 2016
Sold by
Flynn James
Bought by
Flynn James and Flynn Erin

Purchase Details

Closed on
Nov 24, 2003
Sold by
Flynn Sydwell M
Bought by
Flynn Sydwell

Purchase Details

Closed on
Mar 4, 1994
Sold by
Halsted Samuel Hoskins
Bought by
Flynn Sydwell M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,850
Interest Rate
7%
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
Chiang Han Ting -- Chicago Title Company
Chiang Han Ting $3,620,000 Chicago Title Company
Lu Yuan Qiming $2,980,000 Chicago Title Company
Flynn James -- None Available
Flynn Sydwell -- --
Flynn Sydwell M -- North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chiang Han Ting $2,353,000
Previous Owner Lu Yuan Qiming $2,200,000
Previous Owner Flynn Sydwell $500,000
Previous Owner Flynn Sydwell $500,000
Previous Owner Flynn Sydwell M $51,000
Previous Owner Flynn Sydwell M $57,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2019 04/26/19 Sold $2,980,000 +12.5% $2,082 / Sq Ft
04/03/2019 04/03/19 Pending -- -- --
03/27/2019 03/27/19 For Sale $2,650,000 -- $1,852 / 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 $45,246 $3,841,572 $3,698,309 $143,263
2024 $45,246 $3,766,248 $3,625,794 $140,454
2023 $44,583 $3,692,400 $3,554,700 $137,700
2022 $44,073 $3,620,000 $3,485,000 $135,000
2021 $37,516 $3,071,089 $2,988,644 $82,445
2020 $36,737 $3,039,600 $2,958,000 $81,600
2019 $4,615 $309,471 $157,857 $151,614
2018 $4,507 $303,404 $154,762 $148,642
2017 $4,427 $297,456 $151,728 $145,728
2016 $4,224 $291,624 $148,753 $142,871
2015 $4,175 $287,244 $146,519 $140,725
2014 $4,001 $281,618 $143,649 $137,969
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81744276

MLSListings

APN: 132-15-006