NOT LISTED FOR SALE

3200 Morris Dr Palo Alto, CA 94303

Midtown Palo Alto Neighborhood

Estimated Value: $3,212,000 - $3,934,000

3 Beds
2 Baths
2,075 Sq Ft
$1,662/Sq Ft Est. Value

Last Sold February 15, 2023

Last sale price $2,858,000 $1,377 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $21,505/month

12 Days on Market

Highlights

  • Marble Flooring
  • Open to Family Room
  • Forced Air Heating System
  • Palo Verde Elementary School Rated A+
  • 1 Car Attached Garage
  • 4-minute walk to Henry Seale Park

About This Home

As of February 2023

Midtown opportunity to own just hit the market in Palo Alto! This light and bright home gives you 3 bedrooms, 2 bathrooms, and a roomy 2075 sq ft of living space. The main level offers formal living room, a cozy breakfast nook, recreation room, 2 bedrooms and 1 bath, while the primary bedroom and full bath are located on the upper level, creating your own private sanctuary. The kitchen is equipped with stainless steel appliances including electric stove, refrigerator, and dishwasher. This versatile floor plan home has plantation shutters in the recreation room and a designated space for a washer/dryer on the upper level for your convenience. Enjoy all seasons entertaining al fresco style in your private back yard or simply relaxing in the sun. You'll also love the adjoining pathway for easy access to Henry W. Seale Park. Located on a lovely tree-lined street in the highly-coveted Palo Alto School District, this home is located just minutes from Greer Park, shops and restaurants. Some photos are virtually staged.

Last Agent to Sell the Property

Rachel Ni

Coldwell Banker Realty License #01916174 Listed on: 01/12/2023

Coldwell Banker Realty

Last Buyer's Agent

Raymond Ni

Compass License #02021517

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,364

Year Built

  • Built in 1952

Lot Details

  • 5,998 Sq Ft Lot
  • Zoning described as R1

Parking

  • 1 Car Attached Garage

Home Design

  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,075 Sq Ft Home
  • 1-Story Property
  • Family or Dining Combination

Kitchen

  • Open to Family Room
  • Electric Oven
  • Dishwasher

Flooring

  • Carpet
  • Marble
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on upper level
  • Washer and Dryer

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 127-23-041

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,364

Year Built

Built in 1952

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Age: 71
  • Listing Class: Residential
  • Structure Sq Ft: 2075
  • Year Built: 1952
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: Dining Area, Dining Area in Family Room
  • Kitchen: Dishwasher, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 2075
  • Stories: 1
  • Laundry: Upper Floor, Washer / Dryer
  • Flooring: Carpet, Marble, Vinyl / Linoleum
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 6
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Attached Garage

Utilities

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

Schools

  • School District: Palo Alto Unified

Lot Info

  • Parcel Number: 127-23-041
  • Lot Acres: 0.1377
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6000.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2023
Closed on
Feb 9, 2023
Sold by
Arthur H Kuwano 1998 Trust
Bought by
Li Xiaoyi and Li Hui
Seller's Agent
Rachel Ni
Coldwell Banker Realty
Buyer's Agent
Raymond Ni
Compass
List Price
$2,895,000
Sold Price
$2,858,000
Premium/Discount to List
-$37,000
-1.28%
Views
38
Current Estimated Value
$3,447,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$589,817
Avg. Annual Appreciation
9.24%
Original Mortgage
$2,286,400
Outstanding Balance
$2,198,350
Interest Rate
4.97%
Mortgage Type
New Conventional
Estimated Equity
$1,388,736

Purchase Details

Closed on
Dec 12, 2006
Sold by
Kuwano Arthur H
Bought by
Kuwano Arthur H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,185
Interest Rate
6.51%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Mar 17, 1998
Sold by
Kuwano Arthur H
Bought by
Kuwano Arthur H
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
Li Xiaoyi $2,858,000 Lawyers Title
Kuwano Arthur H -- Alliance Title Company
Kuwano Arthur H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Xiaoyi $2,286,400
Previous Owner Kuwano Arthur H $544,185
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2023 02/15/23 Sold $2,858,000 -1.3% $1,377 / Sq Ft
01/24/2023 01/24/23 Pending -- -- --
01/12/2023 01/12/23 For Sale $2,895,000 -- $1,395 / 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 $34,364 $2,973,463 $2,809,080 $164,383
2024 $34,364 $2,915,160 $2,754,000 $161,160
2023 $35,458 $3,000,000 $2,815,000 $185,000
2022 $907 $72,664 $34,590 $38,074
2021 $886 $71,240 $33,912 $37,328
2020 $868 $70,511 $33,565 $36,946
2019 $858 $69,129 $32,907 $36,222
2018 $847 $67,774 $32,262 $35,512
2017 $831 $66,446 $31,630 $34,816
2016 $796 $65,144 $31,010 $34,134
2015 $787 $64,167 $30,545 $33,622
2014 $776 $62,911 $29,947 $32,964
Source: Public Records

Agents Affiliated with this Home

  • Rachel Ni

    Seller's Agent in 2023

    Rachel Ni

    Coldwell Banker Realty

    (650) 455-1500

    1 in this area

    72 Total Sales

    Rachel Ni
    Section Image

  • R

    Buyer's Agent in 2023

    Raymond Ni

    Compass

    Section Image
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Map

Source: MLSListings

MLS Number: ML81915456

MLSListings

APN: 127-23-041

California Santa Clara County Palo Alto 94303 Midtown Palo Alto

3200 Morris Dr, Palo Alto, CA

This home is located at 3200 Morris Dr, Palo Alto, CA 94303 since 12 January 2023 and is currently estimated at $3,447,817, approximately $1,661 per square foot. This property was built in 1952. 3200 Morris Dr 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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