NOT LISTED FOR SALE

Estimated Value: $3,080,000 - $5,827,000

3 Beds
1 Bath
1,004 Sq Ft
$4,744/Sq Ft Est. Value

Last Sold April 02, 2019

Last sale price $2,288,000 $2,279 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $31,178/month

29 Days on Market

Highlights

  • Contemporary Architecture
  • Solid Surface Bathroom Countertops
  • Neighborhood Views
  • Palo Verde Elementary School Rated A+
  • Corian Countertops
  • 1 Car Detached Garage

About This Home

As of April 2019

Incredible Opportunity and Potential in Palo Alto. Located on a 7,828 square foot lot (per county) in a quiet cul-de-sac, this property offers an excellent chance to re-build your dream home in this charming and prestigious setting. This simplified 3 bedroom home allows you to live comfortably while drafting plans and completing the permit approval process with minimal expenses and carrying costs. An open-concept great room, kitchen with new stainless-steel appliances, large courtyard with flourishing fruit trees, and detached garage complete the residence. In this desirable location, youll be minutes away from Greer and Seale Park, Midtown Shopping Center, newly-remodeled Mitchell Park Community Center, and world-class Palo Alto public schools.

Last Agent to Sell the Property

Michael Repka

Deleon Realty License #70010006 Listed on: 02/06/2019

Last Buyer's Agent

Raymond Ni

Intero Real Estate Services License #02021517

Intero Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $63,299

Year Built

  • Built in 1952

Lot Details

  • 7,828 Sq Ft Lot
  • Gated Home
  • Wood Fence
  • Level Lot
  • Back Yard Fenced
  • Zoning described as R1

Parking

  • 1 Car Detached Garage
  • Tandem Parking
  • On-Street Parking

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,004 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Neighborhood Views

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Gas Cooktop
  • Range Hood
  • Corian Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Solid Surface Bathroom Countertops
  • Bathtub with Shower
  • Bathtub Includes Tile Surround

Laundry

  • Laundry in unit
  • Washer

Utilities

  • Wall Furnace
  • Thermostat
  • 220 Volts

Listing and Financial Details

  • Assessor Parcel Number 127-08-035

Home Details

Home Type

Single Family

Est. Annual Taxes

$63,299

Year Built

Built in 1952

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Contemporary
  • Age: 67
  • Listing Class: Residential
  • Structure Sq Ft: 1004
  • Year Built: 1952
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room, Wood Burning
  • Dining Room: Dining Area in Living Room, Eat in Kitchen, No Formal Dining Room
  • Kitchen: 220 Volt Outlet, Cooktop - Gas, Countertop - Other, Countertop - Solid Surface / Corian, Garbage Disposal, Hood Over Range, Oven - Electric, Oven Range, Refrigerator
  • Living Sq Ft: 1004
  • Stories: 1
  • Laundry: Electricity Hookup (110V), Inside, Washer
  • Flooring: Carpet, Vinyl / Linoleum
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Shower over Tub - 1, Solid Surface, Tile
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • View: Neighborhood
  • Yard/Grounds: Back Yard, Fenced
  • Fencing: Fenced, Fenced Back, Gate, Wood
  • Construction Type: Stucco, Wood Frame

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 3
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Detached Garage, On Street, Tandem Parking

Utilities

  • Heating System: Fireplace, 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

  • Lot Description: Grade - Level
  • Parcel Number: 127-08-035
  • Lot Acres: 0.1797
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7828.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7828.00

Green Features

  • Energy Features: Thermostat Controller

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
Feb 6, 2019
Closed on
Mar 21, 2019
Sold by
Hong Hong Bonnie J Bonnie J and Hong Harold E
Bought by
Wang Jialiang and Teng Xue
Seller's Agent
Michael Repka
Deleon Realty
Buyer's Agent
Raymond Ni
Intero Real Estate Services
List Price
$2,288,000
Sold Price
$2,288,000
Current Estimated Value
$4,763,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,475,254
Avg. Annual Appreciation
12.10%
Original Mortgage
$1,824,839
Outstanding Balance
$1,558,329
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,204,925

Purchase Details

Closed on
Jun 7, 2006
Sold by
Hong Harold E and Hong Bonnie J
Bought by
Hong Harold E and Hong Bonnie J
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
Wang Jialiang $2,288,000 Chicago Title Company
Hong Harold E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Jialiang $1,824,839
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2019 04/02/19 Sold $2,288,000 0.0% $2,279 / Sq Ft
03/08/2019 03/08/19 Pending -- -- --
03/07/2019 03/07/19 For Sale $2,288,000 0.0% $2,279 / Sq Ft
02/15/2019 02/15/19 Pending -- -- --
02/06/2019 02/06/19 For Sale $2,288,000 -- $2,279 / 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 $63,299 $5,409,649 $2,496,529 $2,913,120
2024 $63,299 $5,303,578 $2,447,578 $2,856,000
2023 $38,919 $3,212,587 $2,399,587 $813,000
2022 $32,555 $2,652,537 $2,352,537 $300,000
2021 $29,027 $2,357,937 $2,306,409 $51,528
2020 $28,428 $2,333,760 $2,282,760 $51,000
2019 $1,662 $60,844 $31,872 $28,972
2018 $1,638 $59,652 $31,248 $28,404
2017 $1,607 $58,484 $30,636 $27,848
2016 $1,559 $57,338 $30,036 $27,302
2015 $1,537 $56,477 $29,585 $26,892
2014 $1,407 $55,372 $29,006 $26,366
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81737880

MLSListings

APN: 127-08-035