NOT LISTED FOR SALE

Estimated Value: $3,949,617 - $4,280,000

4 Beds
2.5 Baths
2,126 Sq Ft
$1,935/Sq Ft Est. Value

Last Sold September 28, 2012

Last sale price $1,840,000 $865 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $23,925/month

7 Days on Market

Highlights

  • Spa
  • Primary Bedroom Suite
  • Wood Flooring
  • El Carmelo Elementary School Rated A+
  • Contemporary Architecture
  • Solarium

About This Home

As of September 2012

Location, location, location! A must see! Fantastic opportunity in Midtown Palo Alto. This newly renovated home has 4 beds & 2.5 baths with 2,126sf living & 6,250sf lot. Upstairs master suite with new carpet & new bath. This home has a solarium built in 1986 with skylights throughout. Its open floor plan with a great room is perfect for entertaining. Also features new jacuzzi, heater & paint.

Last Agent to Sell the Property

Maria Chen

Coldwell Banker Realty License #01462914 Listed on: 08/23/2012

Coldwell Banker Realty

Last Buyer's Agent

Helen Tan

Compass License #00666404

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,401

Year Built

  • Built in 1949

Lot Details

  • Fenced
  • Level Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Zoning described as R1

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Foundation Moisture Barrier
  • Slab Foundation
  • Ceiling Insulation
  • Composition Roof

Interior Spaces

  • 2,126 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Double Pane Windows
  • Bay Window
  • Living Room with Fireplace
  • Dining Room
  • Solarium
  • Neighborhood Views
  • Gas Dryer Hookup

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Built-In Oven
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Low Flow Toliet
  • Bathtub with Shower
  • Walk-in Shower

Eco-Friendly Details

  • Energy-Efficient Insulation

Outdoor Features

  • Spa
  • Patio

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 132-15-056

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,401

Year Built

Built in 1949

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Contemporary
  • Sale Price Per Sq Ft: 865.48
  • Listing Class: Residential
  • Structure Sq Ft: 2126
  • Barclay Horizontal: 12
  • Barclays Page: 12
  • Incorporated: Yes
  • Map Book Page: 811
  • Map Book Page Secondary: 12
  • Map Side Coordinate: 1
  • Map Side Coordinate Secondary: 81
  • Map Top Coordinate: D
  • Map Top Coordinate Secondary: 12
  • Thomas Bros Page: 811
  • Thomas Brothers: D1
  • Year Built: 1949
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Living Room, Wood Burning, Yes
  • Dining Room: No Formal Dining Room, Eat in Kitchen
  • Kitchen: Dishwasher, Microwave, Oven Range - Built-In, Hookups - Gas
  • Living Sq Ft: 2126
  • Stories: 2
  • Bedrooms: Primary Suite / Retreat
  • Laundry: Gas Hookup, 220 Volt Outlet
  • Flooring: Carpet - Area, Tile, Hardwood
  • Additional Rooms: Solarium
  • Maximum Bathrooms: 3
  • Minimum Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Shower over Tub - 1, Tubs - 1, Stall Shower

Exterior Features

  • Foundation: Foundation Moisture Barrier, Concrete Slab
  • Pool Description: Spa / Hot Tub, Pool - No
  • Roof: Composition
  • View: Local/Neighborhood
  • Yard/Grounds: Patio(s), Sprinkler(s) - Front, Sprinkler(s) - Rear, Sprinklers - Auto, Fenced
  • Exterior: Wood, Stucco

Garage/Parking

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

Utilities

  • Heating System: Forced Air, Gas
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Double Pane Windows(s), Wet Bar, Bay Window

Schools

  • High School: 325

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 132-15-056
  • List Price per Sq Ft: 864.95
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6250.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 6250.00
  • Lot Size Area Min Search: 6250.00
  • Maximum Lot Size: 6250.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Green Features

  • Energy Features: Ceiling Insulation, Walls Insulated, Low Flow Toilet, Double Pane Windows, Skylight, Ceiling Fan(s)

Multi Family

  • Maximum Building Height: 2
  • Minimum Building Height: 2

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
Aug 23, 2012
Closed on
Sep 14, 2012
Sold by
Benson Stephen R and Benson Margaret J
Bought by
Ho Kelvin and Ho Tracy J
Seller's Agent
Maria Chen
Coldwell Banker Realty
Buyer's Agent
Helen Tan
Compass
List Price
$1,838,888
Sold Price
$1,840,000
Premium/Discount to List
$1,112
0.06%
Current Estimated Value
$4,114,404

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,274,404
Avg. Annual Appreciation
6.34%
Original Mortgage
$1,472,000
Outstanding Balance
$1,006,963
Interest Rate
3.33%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,107,441

Purchase Details

Closed on
Mar 11, 1998
Sold by
Benson Stephen R and Benson Margaret J
Bought by
Benson Stephen R and Benson Margaret J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
7.11%

Purchase Details

Closed on
Oct 24, 1996
Sold by
Benson Stephen R and Benson Margaret J
Bought by
Benson Stephen R and Benson Margaret 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
Ho Kelvin $1,840,000 Cornerstone Title Company
Benson Stephen R -- First California Title Compa
Benson Stephen R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ho Kelvin $1,472,000
Previous Owner Benson Stephen R $310,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2012 09/28/12 Sold $1,840,000 +0.1% $865 / Sq Ft
08/30/2012 08/30/12 Pending -- -- --
08/23/2012 08/23/12 For Sale $1,838,888 -- $865 / 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 $27,401 $2,291,559 $1,132,908 $1,158,651
2024 $27,401 $2,246,628 $1,110,695 $1,135,933
2023 $26,998 $2,202,577 $1,088,917 $1,113,660
2022 $26,685 $2,159,390 $1,067,566 $1,091,824
2021 $26,159 $2,117,050 $1,046,634 $1,070,416
2020 $25,621 $2,095,344 $1,035,903 $1,059,441
2019 $25,339 $2,054,260 $1,015,592 $1,038,668
2018 $24,645 $2,013,981 $995,679 $1,018,302
2017 $24,213 $1,974,492 $976,156 $998,336
2016 $23,579 $1,935,777 $957,016 $978,761
2015 $23,349 $1,906,701 $942,641 $964,060
2014 $22,867 $1,869,352 $924,176 $945,176
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81231486

MLSListings

APN: 132-15-056