NOT LISTED FOR SALE

Estimated Value: $3,974,000 - $5,656,000

4 Beds
3 Baths
2,212 Sq Ft
$2,067/Sq Ft Est. Value

Last Sold October 15, 2014

Last sale price $3,100,022 $1,401 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $28,574/month

8 Days on Market

Highlights

  • Primary Bedroom Suite
  • Craftsman Architecture
  • Wood Flooring
  • Addison Elementary School Rated A+
  • Living Room with Fireplace
  • Breakfast Area or Nook

About This Home

As of October 2014

Extensively restored & expanded in 2013/14. Beautiful Craftsman with rich period details and modern convenience, in the heart of downtown. Quality features & high end finishes, gourmet kitchen, diffused-light skylight, wainscoting, designer lighting & dramatic water-sheet fountain. Close to PA's start-ups, Caltrain and Stanford U. A great house in a most desired location. Excellent PA schools

Last Agent to Sell the Property

Lan Bowling

Keller Williams Palo Alto License #01248958 Listed on: 09/18/2014

Keller Williams Palo Alto

Last Buyer's Agent

Carol Jeans

Christie's International Real Estate Sereno License #01117857

Christie's International Real Estate Sereno

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $43,913

Year Built

  • Built in 1926

Lot Details

  • Security Fence
  • Level Lot
  • Sprinklers on Timer
  • Zoning described as R1

Parking

  • 1 Car Detached Garage

Home Design

  • Craftsman Architecture
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,212 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Living Room with Fireplace
  • Formal Dining Room
  • Gas Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • 3 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 120-02-083

Home Details

Home Type

Single Family

Est. Annual Taxes

$43,913

Year Built

Built in 1926

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Craftsman
  • Age: 88
  • Sale Price Per Sq Ft: 1401.46
  • Listing Class: Residential
  • Structure Sq Ft: 2212
  • Incorporated: Yes
  • Map Book Page: 790
  • Map Side Coordinate: 3
  • Map Top Coordinate: J
  • Thomas Bros Page: 790
  • Thomas Brothers: J3
  • Year Built: 1926
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Living Room, Gas Starter, Yes
  • Dining Room: Formal Dining Room, Breakfast Nook, Breakfast Bar, Eat in Kitchen
  • Kitchen: Dishwasher, Cooktop, Garbage Disposal, Refrigerator, Microwave, Oven - Built-In, 220 Volt Outlet, Hookups - Gas
  • Living Sq Ft: 2212
  • Stories: 1
  • Security: Security Fence
  • Bedrooms: Primary Suite / Retreat
  • Laundry: In Laundry Room, Gas Hookup, 220 Volt Outlet
  • Flooring: Tile, Hardwood
  • Additional Rooms: Basement - Partial
  • Maximum Bathrooms: 3
  • Maximum Numberof Bedrooms: 4
  • Minimum Bathrooms: 3
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Bathroom: Shower over Tub - 1, Tubs - 2+, Stall Shower - 2+, Tub in Primary Bedroom

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Pool - No
  • Roof: Composition
  • View: Local/Neighborhood
  • Yard/Grounds: Patio(s), Patio(s)/Deck(s) - Covered, Sprinkler(s) - Front, Sprinkler(s) - Rear, Sprinklers - Auto
  • Exterior: Stone, Stucco

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Detached Garage

Utilities

  • Cooling System: Central AC
  • Heating System: Forced Air
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Double Pane Windows(s)

Schools

  • School District: Palo Alto Unified
  • Elementary School: Addison Elementary
  • Middle School: David Starr Jordan Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 309
  • Middle School: 329

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 120-02-083
  • List Price per Sq Ft: 1310.13
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5625.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 5625.00
  • Lot Size Area Min Search: 5625.00
  • Maximum Lot Size: 5625.00
  • Map Book: Thomas Bros

Green Features

  • Energy Features: Double Pane Windows, Skylight, Skylight Tube(s)

Multi Family

  • Maximum Building Height: 1
  • Minimum Building Height: 1

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Addison Elementary
  • High School Text: Palo Alto High
  • Middle School Text: David Starr Jordan Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 14, 2015
Sold by
Ann Geraldi Rebecca
Bought by
Garaldi Rebecca Ann
Current Estimated Value
$4,572,681

Purchase Details

Listed on
Sep 18, 2014
Closed on
Oct 9, 2014
Sold by
Zv Foundation
Bought by
Pickett Christopher and Geraldi Rebecca
Seller's Agent
Lan Bowling
Keller Williams Palo Alto
Buyer's Agent
Carol Jeans
Christie's International Real Estate Sereno
List Price
$2,898,000
Sold Price
$3,100,022
Premium/Discount to List
$202,022
6.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.66%
Original Mortgage
$1,000,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 24, 2013
Sold by
Nexus Investments Llc
Bought by
Zv Foundation

Purchase Details

Closed on
Apr 10, 2013
Sold by
Asato Thomas S
Bought by
Nexus Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.6%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 23, 1994
Sold by
Asato Thomas S
Bought by
Asato Thomas S
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
Garaldi Rebecca Ann -- None Available
Geraldi Rebecca Ann -- None Available
Pickett Christopher $3,100,500 Chicago Title Company
Zv Foundation $1,703,000 None Available
Nexus Investments Llc $1,606,750 Chicago Title Company
Asato Thomas S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Pickett Christopher $1,000,000
Previous Owner Nexus Investments Llc $960,000
Previous Owner Nexus Investment Llc $1,000,000
Previous Owner Nexus Investments Llc $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2014 10/15/14 Sold $3,100,022 +7.0% $1,401 / Sq Ft
09/25/2014 09/25/14 Pending -- -- --
09/17/2014 09/17/14 For Sale $2,898,000 -- $1,310 / 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 $43,913 $3,725,753 $2,764,252 $961,501
2024 $43,913 $3,652,700 $2,710,051 $942,649
2023 $43,269 $3,581,079 $2,656,913 $924,166
2022 $42,773 $3,510,863 $2,604,817 $906,046
2021 $41,932 $3,442,024 $2,553,743 $888,281
2020 $41,059 $3,406,731 $2,527,558 $879,173
2019 $40,609 $3,339,934 $2,477,999 $861,935
2018 $39,484 $3,274,446 $2,429,411 $845,035
2017 $38,793 $3,210,242 $2,381,776 $828,466
2016 $37,780 $3,147,297 $2,335,075 $812,222
2015 $37,334 $3,100,022 $2,300,000 $800,022
2014 $20,501 $1,669,314 $1,607,264 $62,050
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81433984

MLSListings

APN: 120-02-083