NOT LISTED FOR SALE

Estimated Value: $4,010,000 - $4,913,000

6 Beds
3 Baths
2,548 Sq Ft
$1,760/Sq Ft Est. Value

Last Sold April 12, 2019

Last sale price $3,310,000 $1,299 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $27,873/month

10 Days on Market

Highlights

  • Wood Flooring
  • 1 Fireplace
  • Forced Air Heating System
  • El Carmelo Elementary School Rated A+
  • Open to Family Room
  • Dining Area

About This Home

As of April 2019

First time on the market in over 60 years. A lovely brick walkway welcomes you and leads you behind the gate into the beautiful brick courtyard surrounded by lush, mature landscaping. Youll be greeted by a large living room with brick fireplace that leads to an expansive dining room/family room/kitchen with an adjacent enclosed sun porch. The first floor includes 3 bedrooms, 2 bathrooms and an additional bonus room. The second floor features 2 bedrooms, a bathroom and two additional rooms that could be used as an office or closet. The backyard invites you to BBQ with another brick patio, lush landscaping and a raised planting bed for vegetables and herbs. Desirable mid-town location with El Carmelo Elementary, Lathrop Middle School, and Gunn High School (per PAUSD) buyer to verify enrollment. Freshly painted inside and out and with new carpet this home is ready for your vision. 6 bedrooms, 3 Bathrooms (per public records) 2 car attached garage, 2548 square foot, 7620 sq ft lot

Last Agent to Sell the Property

Russell Vavuris

Golden Gate Sotheby's International Realty License #01090247 Listed on: 02/27/2019

Golden Gate Sotheby's International Realty

Last Buyer's Agent

Lisa Dippel

Intero Real Estate Services License #01035286

Intero Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $43,446

Year Built

  • Built in 1951

Lot Details

  • 7,706 Sq Ft Lot
  • Zoning described as R1

Parking

  • 2 Car Garage

Home Design

  • Raised Foundation
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,548 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Dining Area
  • Crawl Space

Kitchen

  • Open to Family Room
  • Gas Oven

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Wood Insert Heater
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 132-15-099

Home Details

Home Type

Single Family

Est. Annual Taxes

$43,446

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 68
  • Listing Class: Residential
  • Structure Sq Ft: 2548
  • Year Built: 1951
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Insert
  • Dining Room: Dining Area
  • Kitchen: Oven - Gas, Refrigerator
  • Living Sq Ft: 2548
  • Stories: 1
  • Flooring: Carpet, Hardwood
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 6
  • Minimum Numberof Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplace: Yes

Exterior Features

  • Foundation: Crawl Space, Raised
  • Roof: Composition
  • Construction Type: Wood Frame

Garage/Parking

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

Utilities

  • Heating System: Central Forced Air - Gas, Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Palo Alto Unified

Lot Info

  • Parcel Number: 132-15-099
  • Lot Acres: 0.1769
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7704.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7704.00

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
Feb 27, 2019
Closed on
Apr 9, 2019
Sold by
Guernsey Kathryn Louise and The Vavuris Family Living Trus
Bought by
Sharma Vinay and Sharma Shruti Dash
Seller's Agent
Russell Vavuris
Golden Gate Sotheby's International Realty
Buyer's Agent
Lisa Dippel
Intero Real Estate Services
List Price
$2,988,000
Sold Price
$3,310,000
Premium/Discount to List
$322,000
10.78%
Current Estimated Value
$4,485,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,175,622
Avg. Annual Appreciation
4.88%
Original Mortgage
$2,648,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 13, 2009
Sold by
Vavuris Paul J and Vavuris Laurie B
Bought by
Vavuris Paul J and Vavuris Laurie B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$938,250
Interest Rate
3.06%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Mar 23, 2006
Sold by
Vavuris Paul J and Vavuris Laurie B
Bought by
Vavuris Paul J and Vavuris Laurie B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 18, 2005
Sold by
Vavuris Paul J and Vavuris Laurie
Bought by
Vavuris Paul J and Vavuris Laurie B
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
Sharma Vinay $3,310,000 Cornerstone Title Company
Vavuris Paul J -- Accommodation
Vavuris Paul J -- Fidelity National Title Co
Vavuris Paul J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sharma Vinay $2,536,000
Closed Sharma Vinay $2,648,000
Previous Owner Vavuris Paul J $938,250
Previous Owner Vavuris Paul J $250,000
Previous Owner Vavuris Paul J $274,000
Previous Owner Vavuris Paul J $245,000
Previous Owner Vavuris Paul J $239,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2019 04/12/19 Sold $3,310,000 +10.8% $1,299 / Sq Ft
03/09/2019 03/09/19 Pending -- -- --
02/27/2019 02/27/19 For Sale $2,988,000 -- $1,173 / 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 $43,446 $3,692,364 $3,446,952 $245,412
2024 $43,446 $3,619,965 $3,379,365 $240,600
2023 $36,682 $3,030,000 $2,828,600 $201,400
2022 $42,316 $3,479,399 $3,248,141 $231,258
2021 $41,482 $3,411,176 $3,184,452 $226,724
2020 $40,617 $3,376,200 $3,151,800 $224,400
2019 $2,329 $185,992 $37,254 $148,738
2018 $2,196 $182,346 $36,524 $145,822
2017 $2,157 $178,771 $35,808 $142,963
2016 $2,087 $175,266 $35,106 $140,160
2015 $2,066 $172,634 $34,579 $138,055
2014 $2,034 $169,253 $33,902 $135,351
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81740496

MLSListings

APN: 132-15-099