NOT LISTED FOR SALE

3206 Louis Rd Palo Alto, CA 94303

Midtown Palo Alto Neighborhood

Estimated Value: $3,278,000 - $5,347,000

3 Beds
2 Baths
1,280 Sq Ft
$3,561/Sq Ft Est. Value

Last Sold January 06, 2016

Last sale price $1,890,000 $1,477 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $28,002/month

5 Days on Market

Highlights

  • Wood Flooring
  • Beamed Ceilings
  • Bathtub with Shower
  • Palo Verde Elementary School Rated A+
  • Breakfast Bar
  • Shed

About This Home

As of January 2016

Wonderful rebuild opportunity in South Palo Alto neighborhood. Built in 1955, this mid-century home offers bright interior rooms and peaceful courtyard and backyard spaces. Desirable neighborhood location, just blocks from Henry Seale Park and minutes from Midtown shops and Eichler Swim and Tennis Club. Top school attendance at Palo Verde Elementary, JLS Middle, and Palo Alto High. City of Palo Alto allows allows for max floor area of 2,586 sqft (buyer to verify with city).

Last Agent to Sell the Property

Alex Wang

Christie's International Real Estate Sereno License #01351503 Listed on: 11/12/2015

Christie's International Real Estate Sereno

Last Buyer's Agent

Lan Bowling

Keller Williams Palo Alto License #01248958

Keller Williams Palo Alto

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $45,784

Year Built

  • Built in 1955

Lot Details

  • Fenced
  • Back Yard
  • Zoning described as R1

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Tar and Gravel Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,280 Sq Ft Home
  • Beamed Ceilings
  • Wood Burning Fireplace
  • Dining Room

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Electric Cooktop
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Outdoor Features

  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan

Community Details

  • Courtyard

Listing and Financial Details

  • Assessor Parcel Number 127-59-054

Home Details

Home Type

Single Family

Est. Annual Taxes

$45,784

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 60
  • Listing Class: Residential
  • Structure Sq Ft: 1280
  • Year Built: 1955
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Breakfast Bar, Dining "L", No Formal Dining Room
  • Kitchen: Cooktop - Electric, Countertop - Other, Dishwasher, Exhaust Fan, Oven - Built-In
  • Living Sq Ft: 1280
  • Laundry: Hookup - Washer/Dryer
  • Flooring: Hardwood, Vinyl / Linoleum
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Shower and Tub, Stall Shower
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Tar and Gravel
  • Yard/Grounds: Back Yard, Courtyard, Fenced, Storage Shed / Structure

Garage/Parking

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

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Open Beam Ceiling

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: 127-59-054
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6418.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6418.00

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

Closed on
Nov 18, 2016
Sold by
Yeung Fai & Leslie L
Bought by
Fai Yeung And Leslie Linglei Xu Revocable Tru
Total Days on Market
5
Current Estimated Value
$4,557,661

Purchase Details

Listed on
Nov 12, 2015
Closed on
Dec 7, 2015
Sold by
Sheldon Jerre Boyd
Bought by
Yeung Fai and Xu Leslie L
Seller's Agent
Alex Wang
Christie's International Real Estate Sereno
Buyer's Agent
Lan Bowling
Keller Williams Palo Alto
List Price
$1,688,000
Sold Price
$1,890,000
Premium/Discount to List
$202,000
11.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.36%
Original Mortgage
$1,000,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 18, 2007
Sold by
Sheldon Jerre Boyd
Bought by
Sheldon Jerre Boyd
Source: Public Records

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Range of Values:

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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
Fai Yeung And Leslie Linglei Xu Revocable Tru -- None Listed On Document
Yeung Fai $1,890,000 Chicago Title Company
Sheldon Jerre Boyd -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yeung Fai $1,500,000
Previous Owner Yeung Fai $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2016 01/06/16 Sold $1,890,000 +12.0% $1,477 / Sq Ft
11/18/2015 11/18/15 Pending -- -- --
11/12/2015 11/12/15 For Sale $1,688,000 -- $1,319 / 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 $45,784 $3,812,098 $2,193,504 $1,618,594
2023 $45,114 $3,737,352 $2,150,495 $1,586,857
2022 $44,597 $3,664,072 $2,108,329 $1,555,743
2021 $43,720 $3,592,229 $2,066,990 $1,525,239
2020 $42,809 $3,555,396 $2,045,796 $1,509,600
2019 $42,340 $3,485,683 $2,005,683 $1,480,000
2018 $26,872 $2,203,146 $1,966,356 $236,790
2017 $23,662 $1,927,800 $1,349,460 $578,340
2016 $1,864 $83,296 $31,986 $51,310
2015 $1,838 $82,046 $31,506 $50,540
2014 $1,704 $80,439 $30,889 $49,550
Source: Public Records

Agents Affiliated with this Home

  • Alex Wang

    Seller's Agent in 2016

    Alex Wang

    Sereno Group

    7 in this area

    177 Total Sales

    Section Image
  • Lan Bowling

    Buyer's Agent in 2016

    Lan Bowling

    Keller Williams Palo Alto

    (650) 520-3407

    14 in this area

    105 Total Sales

    Lan Bowling
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81522364

MLSListings

APN: 127-59-054

California Santa Clara County Palo Alto 94303 Midtown Palo Alto

3206 Louis Rd, Palo Alto, CA

This home is located at 3206 Louis Rd, Palo Alto, CA 94303 since 12 November 2015 and is currently estimated at $4,557,661, approximately $3,560 per square foot. This property was built in 1955. 3206 Louis Rd 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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