NOT LISTED FOR SALE

3224 Greer Rd Palo Alto, CA 94303

Midtown Palo Alto Neighborhood

Estimated Value: $3,396,000 - $5,542,000

4 Beds
2 Baths
1,364 Sq Ft
$3,385/Sq Ft Est. Value

Last Sold September 21, 2016

Last sale price $2,108,000 $1,545 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $29,289/month

12 Days on Market

Highlights

  • Granite Countertops
  • 1 Car Detached Garage
  • Combination Dining and Living Room
  • Palo Verde Elementary School Rated A+
  • Bathtub with Shower
  • 5-minute walk to Henry Seale Park

About This Home

As of September 2016

The house has one of the largest lots on the street and is in a prime location for building that "forever house". We left the house pretty much original but livable so the new owners could experience the potential of the lot before remodeling or rebuilding. 3 Parks are just a short distance away. Easy access to the best of peninsula living: shopping, dining, commute routes and more. You're centrally located within a peaceful neighborhood community offering an amazing quality of life. Small town feel with Big City conveniences.

Last Agent to Sell the Property

Tom Correia

Compass License #01352555 Listed on: 07/29/2016

Compass

Last Buyer's Agent

Juliana Lee

Keller Williams Palo Alto License #00851314

Keller Williams Palo Alto

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $59,464

Year Built

  • Built in 1952

Lot Details

  • 7,318 Sq Ft Lot
  • Zoning described as R1

Parking

  • 1 Car Detached Garage
  • On-Street Parking

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,364 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Combination Dining and Living Room

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Utilities

  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 127-23-079

Home Details

Home Type

Single Family

Est. Annual Taxes

$59,464

Year Built

Built in 1952

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Age: 64
  • Listing Class: Residential
  • Structure Sq Ft: 1364
  • Incorporated: Yes
  • Year Built: 1952
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining Area in Living Room
  • Kitchen: Countertop - Granite, Dishwasher, Garbage Disposal, Microwave, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 1364
  • Stories: 1
  • Laundry: Hookup - Electric
  • Flooring: Carpet, Laminate, Vinyl / Linoleum
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Bathroom: Shower and Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 2
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Detached Garage, On Street

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer Connected

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: 127-23-079
  • Lot Acres: 0.1680
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7318.08
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7318.08

Multi Family

  • Utilities: Natural Gas, 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
Jul 29, 2016
Closed on
Aug 16, 2016
Sold by
Rodriguez Elizabeth
Bought by
Zhang Lianne and Liu Neil
Seller's Agent
Tom Correia
Compass
Buyer's Agent
Juliana Lee
Keller Williams Palo Alto
List Price
$1,998,000
Sold Price
$2,108,000
Premium/Discount to List
$110,000
5.51%
Current Estimated Value
$4,406,164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,298,164
Avg. Annual Appreciation
8.19%
Original Mortgage
$1,520,000
Outstanding Balance
$1,195,535
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,044,966
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
Zhang Lianne $2,108,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Lianne $1,520,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2016 09/21/16 Sold $2,108,000 +5.5% $1,545 / Sq Ft
08/11/2016 08/11/16 Pending -- -- --
07/29/2016 07/29/16 For Sale $1,998,000 -- $1,465 / 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 $59,464 $4,982,548 $2,332,548 $2,650,000
2023 $31,592 $2,591,812 $2,286,812 $305,000
2022 $28,423 $2,305,402 $2,241,973 $63,429
2021 $27,863 $2,260,199 $2,198,013 $62,186
2020 $27,289 $2,237,025 $2,175,476 $61,549
2019 $26,988 $2,193,163 $2,132,820 $60,343
2018 $26,249 $2,150,160 $2,091,000 $59,160
2017 $25,788 $2,108,000 $2,050,000 $58,000
2016 $1,585 $66,504 $31,010 $35,494
2015 $803 $65,506 $30,545 $34,961
2014 $792 $64,224 $29,947 $34,277
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2016

    Tom Correia

    Compass

    Section Image

  • J

    Buyer's Agent in 2016

    Juliana Lee

    Keller Williams Palo Alto

    Section Image
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Map

Source: MLSListings

MLS Number: ML81597606

MLSListings

APN: 127-23-079

California Santa Clara County Palo Alto 94303 Midtown Palo Alto

3224 Greer Rd, Palo Alto, CA

This home is located at 3224 Greer Rd, Palo Alto, CA 94303 since 29 July 2016 and is currently estimated at $4,617,271, approximately $3,385 per square foot. This property was built in 1952. 3224 Greer 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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