NOT LISTED FOR SALE

Estimated Value: $4,818,000 - $5,474,000

5 Beds
4 Baths
2,743 Sq Ft
$1,888/Sq Ft Est. Value

Last Sold June 20, 2019

Last sale price $4,338,000 $1,581 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $31,960/month

52 Days on Market

Highlights

  • New Construction
  • Contemporary Architecture
  • Main Floor Bedroom
  • El Carmelo Elementary School Rated A+
  • Wood Flooring
  • High Ceiling

About This Home

As of June 2019

Location! Location!! Location!!!***Brand new home in the heart of Palo Alto with NO through traffic***Excellent floor plan & the best in fittings & fixtures, this home effortlessly combines modern design, an open floor plan, abundant natural light and a comfortable flow between indoor & outdoor***Within walking/biking distance of Midtown facilities, schools, and 21-acre Mitchell Park, Library which offers a wealth of active recreational opportunities***5 bedrooms, 3.5 baths, (2 bedrooms downstairs), one-car garage attached, plus a detached studio in the backyard with additional full bath***Beautiful wide-plank French oak hardwood floors thru-out, kitchen w/Quartz/Caesarstone countertops, modern design cabinets, thermador 42' & 48' appliances, 6-burner cooktop w/griddle, wine cooler, surround sound, 4 surveillance cameras w/recorder, "Ring" video doorbell, and large covered patio***Ideal location with easy access to Silicon Valley hubs, Stanford U, and downtown area. A must see!

Last Agent to Sell the Property

Judy Shen

Coldwell Banker Realty License #01272874 Listed on: 04/04/2019

Coldwell Banker Realty

Last Buyer's Agent

Jim Herking Song

First Metro Investments License #01061977

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $56,649

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 6,251 Sq Ft Lot
  • Wood Fence
  • Level Lot
  • Sprinklers on Timer
  • Zoning described as R1

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Ceiling Insulation
  • Floor Insulation
  • Concrete Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 2,743 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Gas Fireplace
  • Double Pane Windows
  • Bay Window
  • Formal Entry
  • Living Room with Fireplace
  • Formal Dining Room
  • Neighborhood Views

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Oven
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Tile
  • Travertine

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • 4 Full Bathrooms
  • Dual Sinks
  • Dual Flush Toilets
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Gas Dryer Hookup

Home Security

  • Intercom
  • Alarm System
  • Fire and Smoke Detector
  • Fire Sprinkler System

Eco-Friendly Details

  • Energy-Efficient HVAC
  • Energy-Efficient Insulation

Additional Homes

  • 120 SF Accessory Dwelling Unit

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • Separate Meters
  • 220 Volts
  • Individual Gas Meter
  • Tankless Water Heater
  • Septic Tank
  • Sewer Within 50 Feet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 132-21-061

Home Details

Home Type

Single Family

Est. Annual Taxes

$56,649

Year Built

Built in 2019 | New Construction

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Contemporary
  • Listing Class: Residential
  • Second Res Apx Sq Ft: 120
  • Structure Sq Ft: 2743
  • Construction: Completed-Never Occupied
  • Incorporated: Yes
  • Year Built: 2019
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Burning, Gas Starter, Living Room
  • Dining Room: Breakfast Bar, Breakfast Nook, Dining Area in Living Room, Eat in Kitchen, Formal Dining Room
  • Kitchen: 220 Volt Outlet, Cooktop - Gas, Countertop - Quartz, Dishwasher, Exhaust Fan, Garbage Disposal, Island with Sink, Microwave, Oven - Built-In, Oven - Gas, Oven Range - Built-In, Gas, Pantry, Refrigerator, Wine Refrigerator
  • Living Sq Ft: 2743
  • Stories: 2
  • Security: Fire Alarm, Fire System - Sprinkler, Security Alarm
  • Bedrooms: More than One Bedroom on Ground Floor, Walk-in Closet
  • Laundry: Gas Hookup, Upper Floor
  • Flooring: Hardwood, Tile, Travertine
  • Additional Rooms: Formal Entry, Laundry Room
  • Fireplaces Min: 1
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Bathroom: Double Sinks, Dual Flush Toilet, Full on Ground Floor, Half on Ground Floor, Primary - Stall Shower(s), Shower and Tub, Showers over Tubs - 2+, Stall Shower, Tile, Tub in Primary Bedroom
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Concrete
  • View: Neighborhood
  • Yard/Grounds: Fenced, Sprinklers - Auto, Sprinklers - Lawn
  • Fencing: Fenced, Wood
  • Construction Type: Stucco, Wood Frame

Garage/Parking

  • Garage Spaces: 1
  • Garage Parking Features: Attached Garage, Gate / Door Opener

Utilities

  • Cooling System: Central AC, Multi-Zone
  • Heating System: Central Forced Air - Gas, Fireplace, Heating - 2+ Zones
  • Sewer/Septic System: Septic Connected, Sewer - Public, Sewer in Street

Association/Amenities

  • Amenities Miscellaneous: Bay Window, High Ceiling, Walk-in Closet

Schools

  • High School: 325

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 132-21-061
  • Lot Acres: 0.1435
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6250.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6250.00

Green Features

  • Energy Features: Ceiling Insulation, Double Pane Windows, Energy Star Appliances, Energy Star HVAC, Insulation - Floor, Tankless Water Heater, Walls Insulated

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: El Carmelo Elementary
  • High School Text: Henry M. Gunn High
  • Middle School Text: Jane Lathrop Stanford Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2019
Closed on
Jun 7, 2019
Sold by
3294 Bryant Investment Llc
Bought by
Gong Li and Cho Hweieheng
Seller's Agent
Judy Shen
Coldwell Banker Realty
Buyer's Agent
Jim Herking Song
First Metro Investments
List Price
$4,488,000
Sold Price
$4,338,000
Premium/Discount to List
-$150,000
-3.34%
Current Estimated Value
$5,178,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$840,527
Avg. Annual Appreciation
2.82%
Original Mortgage
$2,745,000
Outstanding Balance
$2,413,526
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$2,765,001

Purchase Details

Closed on
Jul 12, 2016
Sold by
Vierra Mary E
Bought by
3294Bryant Investment Llc

Purchase Details

Closed on
Mar 19, 1998
Sold by
Mirrasoul Howard
Bought by
Vierra Mary and The Howard Mirrasoul Trust

Purchase Details

Closed on
Jul 17, 1996
Sold by
Mirrasoul Howard
Bought by
Mirrasoul Howard
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Gong Li $4,338,000 Chicago Title Company
3294Bryant Investment Llc $2,000,000 First American Title Company
Vierra Mary -- --
Mirrasoul Howard -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gong Li $2,745,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2019 06/20/19 Sold $4,338,000 -3.3% $1,581 / Sq Ft
05/27/2019 05/27/19 Pending -- -- --
04/04/2019 04/04/19 For Sale $4,488,000 -- $1,636 / 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 $56,649 $4,839,117 $3,792,762 $1,046,355
2024 $56,649 $4,744,234 $3,718,395 $1,025,839
2023 $55,818 $4,651,211 $3,645,486 $1,005,725
2022 $55,180 $4,560,011 $3,574,006 $986,005
2021 $54,093 $4,470,600 $3,503,928 $966,672
2020 $52,960 $4,424,760 $3,468,000 $956,760
2019 $33,113 $2,708,800 $2,080,800 $628,000
2018 $25,536 $2,089,600 $2,040,000 $49,600
2017 $24,514 $2,000,000 $2,000,000 $0
2016 $1,768 $75,095 $33,544 $41,551
2015 $1,743 $73,968 $33,041 $40,927
2014 $1,610 $72,520 $32,394 $40,126
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81752244

MLSListings

APN: 132-21-061