NOT LISTED FOR SALE

Estimated Value: $3,381,000 - $3,762,000

3 Beds
2 Baths
1,811 Sq Ft
$1,963/Sq Ft Est. Value

Last Sold August 05, 2015

Last sale price $2,200,000 $1,215 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $21,890/month

9 Days on Market

Highlights

  • Wood Flooring
  • 1 Fireplace
  • Balcony
  • Palo Verde Elementary School Rated A+
  • Den
  • 5-minute walk to Henry Seale Park

About This Home

As of August 2015

Darling 3 bed/2 bath home in beautiful South Palo Alto neighborhood! Every room has its own warm & artistic touch allowing you to channel your inner creativity! Enjoy its open floor plan/natural & recessed lighting/hardwood & tile flooring/dining bar/family room/office area/private backyard/patio/ spacious kitchen with tile counters & back splash & more! Easy access to Google & award winning Palo Alto schools (Palo Verde Elementary, JLS Middle & Palo Alto High).

Last Agent to Sell the Property

Juliana Lee

Keller Williams Palo Alto License #00851314 Listed on: 06/18/2015

Keller Williams Palo Alto

Last Buyer's Agent

Sharon Lee

Keller Williams Palo Alto License #01951707

Keller Williams Palo Alto

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,920

Year Built

  • Built in 1952

Lot Details

  • 7,362 Sq Ft Lot
  • Sprinklers on Timer
  • Back Yard Fenced
  • Zoning described as R1

Home Design

  • Slab Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,811 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Clean Air Certified Fireplace
  • Formal Entry
  • Dining Area
  • Den
  • Dryer

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Gas Cooktop
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower

Home Security

  • Alarm System
  • Fire and Smoke Detector

Parking

  • 2 Carport Spaces
  • Uncovered Parking
  • Off-Street Parking

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Septic Tank
  • High Speed Internet
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 127-23-078

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,920

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Age: 63
  • Listing Class: Residential
  • Structure Sq Ft: 1811
  • Year Built: 1952
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Clean Air Certified
  • Dining Room: Dining Area, Dining Bar
  • Kitchen: Cooktop - Gas, Countertop - Tile, Garbage Disposal, Oven Range - Gas
  • Living Sq Ft: 1811
  • Stories: 1
  • Security: Fire Alarm, Security Alarm
  • Laundry: Dryer, Gas Hookup
  • Flooring: Hardwood, Tile
  • Additional Rooms: Formal Entry, Office Area
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Shower and Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Block
  • Roof: Composition, Shingle
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced, Sprinklers - Auto
  • Fencing: Fenced, Fenced Back

Garage/Parking

  • Garage Parking Features: Carport, Off-Street Parking, Parking Area, Uncovered Parking
  • Carport Min: 2

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air, Central Forced Air - Gas
  • Sewer/Septic System: Existing Septic, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: 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

  • Parcel Number: 127-23-078
  • Lot Acres: 0.1690
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7356.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7356.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Palo Verde Elementary
  • High School Text: Palo Alto High
  • Middle School Text: Jane Lathrop Stanford Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2015
Closed on
Jul 7, 2015
Sold by
Mesfine Yohannes and Mesfine Hirut
Bought by
Liang Enzhu and Zhou Yanchen
Seller's Agent
Juliana Lee
Keller Williams Palo Alto
Buyer's Agent
Sharon Lee
Keller Williams Palo Alto
List Price
$2,000,000
Sold Price
$2,200,000
Premium/Discount to List
$200,000
10%
Current Estimated Value
$3,497,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,297,008
Avg. Annual Appreciation
4.78%
Original Mortgage
$1,600,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 6, 2006
Sold by
Mesfine Hirut
Bought by
Mesfine Yohannes and Mesfine Hirut

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 18, 2002
Sold by
Garcia John J and Garcia Jeanne A
Bought by
Mesfine Yohannes and Mesfine Hirut

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,800
Interest Rate
2.95%

Purchase Details

Closed on
Nov 6, 1998
Sold by
Reed Dennis M
Bought by
Garcia John J and Garcia Joanne A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.54%
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
Liang Enzhu $2,200,000 Old Republic Title Company
Mesfine Yohannes -- Landamerica Commonwealth Tit
Mesfine Hirut -- Landamerica Commonwealth Tit
Mesfine Yohannes -- Chicago Title Co
Garcia John J $500,000 First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liang Enzhu $1,136,000
Closed Liang Enzhu $1,264,000
Closed Liang Enzhu $1,275,000
Closed Liang Enzhu $150,000
Closed Liang Enzhu $1,455,000
Closed Liang Enzhu $1,500,000
Closed Liang Enzhu $1,600,000
Previous Owner Mesfine Yohannes $780,000
Previous Owner Mesfine Yohannes $799,400
Previous Owner Mesfine Hirut $850,000
Previous Owner Mesfine Yohannes $300,000
Previous Owner Mesfine Yohannes $600,800
Previous Owner Garcia John J $90,000
Previous Owner Garcia John J $360,000
Previous Owner Reed Dennis M $216,000
Closed Mesfine Yohannes $75,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2015 08/05/15 Sold $2,200,000 +10.0% $1,215 / Sq Ft
06/27/2015 06/27/15 Pending -- -- --
06/18/2015 06/18/15 For Sale $2,000,000 -- $1,104 / 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
2024 $30,920 $2,553,283 $2,205,110 $348,173
2023 $30,464 $2,503,220 $2,161,873 $341,347
2022 $30,110 $2,454,138 $2,119,484 $334,654
2021 $29,516 $2,406,019 $2,077,926 $328,093
2020 $28,906 $2,381,349 $2,056,620 $324,729
2019 $28,586 $2,334,657 $2,016,295 $318,362
2018 $27,800 $2,288,880 $1,976,760 $312,120
2017 $27,311 $2,244,000 $1,938,000 $306,000
2016 $26,594 $2,200,000 $1,900,000 $300,000
2015 $12,033 $953,840 $783,305 $170,535
2014 $11,733 $935,157 $767,962 $167,195
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81471026

MLSListings

APN: 127-23-078