NOT LISTED FOR SALE

Estimated Value: $4,355,000 - $4,960,000

3 Beds
2.5 Baths
2,220 Sq Ft
$2,073/Sq Ft Est. Value

Last Sold May 28, 2014

Last sale price $2,275,000 $1,025 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $27,680/month

6 Days on Market

Highlights

  • Primary Bedroom Suite
  • Deck
  • Marble Flooring
  • Walter Hays Elementary Rated A+
  • Living Room with Fireplace
  • Attic

About This Home

As of May 2014

Captivating light-filled mission style home in prestigious Old Palo Alto. Extensively remodeled with particular attention to maintaining the old world features and charm of yesteryear. Bright & Airy with picturesque windows, French doors and skylights. Finished garage with half bath can be used as office/family rm. Its prime location is central to stellar schools, parks, library, Stanford

Last Agent to Sell the Property

Leika Kejriwal

Compass License #00942482 Listed on: 05/01/2014

Compass

Last Buyer's Agent

Umang Sanchorawala

Compass License #01471341

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $33,126

Year Built

  • Built in 1910

Lot Details

  • Fenced
  • Level Lot
  • Zoning described as R1929

Parking

  • 1 Car Detached Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,220 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 124-12-023

Home Details

Home Type

Single Family

Est. Annual Taxes

$33,126

Year Built

Built in 1910

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Age: 104
  • Sale Price Per Sq Ft: 1024.77
  • Listing Class: Residential
  • Structure Sq Ft: 2220
  • Incorporated: Yes
  • Map Book Page: 791
  • Map Side Coordinate: 5
  • Map Top Coordinate: A
  • Thomas Bros Page: 791
  • Thomas Brothers: A5
  • Year Built: 1910
  • Zoning Description: R1929
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Fireplace: Living Room, Wood Burning, Yes
  • Dining Room: Formal Dining Room, Breakfast Nook, Breakfast Bar
  • Kitchen: Dishwasher, Garbage Disposal, Refrigerator, Oven Range, 220 Volt Outlet, Hookups - Gas
  • Living Sq Ft: 2220
  • Stories: 2
  • Bedrooms: Primary Suite / Retreat
  • Laundry: In Laundry Room, Dryer, Washer, 220 Volt Outlet
  • Flooring: Carpet - Area, Hardwood, Marble
  • Additional Rooms: Den / Study / Office, Basement - Partial, Attic
  • Maximum Bathrooms: 3
  • Maximum Numberof Bedrooms: 3
  • Minimum Bathrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Showers over Tubs - 2+, Tubs - 2+, Stall Shower, Tub in Primary Bedroom

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Pool - No
  • Roof: Composition
  • Yard/Grounds: Patio(s), Deck, Fenced
  • Exterior: Stucco

Garage/Parking

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

Utilities

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

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: 124-12-023
  • List Price per Sq Ft: 854.95
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7215.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 7215.00
  • Lot Size Area Min Search: 7215.00
  • Maximum Lot Size: 7215.00
  • Map Book: Thomas Bros

Green Features

  • Energy Features: Skylight

Multi Family

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

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
Dec 16, 2021
Sold by
Ponnampalam Vishakan and Vishakan Komathy
Bought by
Ponnampalam Vishakan and Vishakan Komathy
Current Estimated Value
$4,512,092

Purchase Details

Listed on
May 1, 2014
Closed on
May 20, 2014
Sold by
Ghert Zand Renee and Zand Joel
Bought by
Ponnampalan Vishakan and Vishakan Komathy
Seller's Agent
Leika Kejriwal
Compass
Buyer's Agent
Umang Sanchorawala
Compass
List Price
$1,898,000
Sold Price
$2,275,000
Premium/Discount to List
$377,000
19.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.27%
Original Mortgage
$1,475,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 11, 2008
Sold by
Hackmann John
Bought by
Ghert Zand Renee and Zand Joel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.99%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 10, 2008
Sold by
Ghert Zand Renee and Zand Joel
Bought by
Ghert Zand Renee and Zand Joel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.99%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 21, 2005
Sold by
Levitsky Robert S
Bought by
Hackmann John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Interest Rate
6.06%
Mortgage Type
Negative Amortization
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
Ponnampalam Vishakan -- None Available
Ponnampalan Vishakan $2,274,750 Chicago Title Company
Ghert Zand Renee -- Chicago Title Co
Ghert Zand Renee -- None Available
Hackmann John -- Stewart Title Of California
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ponnampalam Vishakan $2,250,000
Closed Ponnampalan Vishakan $1,475,000
Previous Owner Ghert Zand Renee $701,000
Previous Owner Ghert Zand Renee $300,000
Previous Owner Ghert Zand Renee $729,750
Previous Owner Hackmann John $975,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2014 05/28/14 Sold $2,275,000 +19.9% $1,025 / Sq Ft
05/07/2014 05/07/14 Pending -- -- --
05/01/2014 05/01/14 For Sale $1,898,000 -- $855 / 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 $33,126 $2,734,146 $2,698,096 $36,050
2023 $32,639 $2,680,537 $2,645,193 $35,344
2022 $32,263 $2,627,978 $2,593,327 $34,651
2021 $31,628 $2,576,450 $2,542,478 $33,972
2020 $30,974 $2,550,033 $2,516,409 $33,624
2019 $30,633 $2,500,033 $2,467,068 $32,965
2018 $29,790 $2,451,014 $2,418,695 $32,319
2017 $29,268 $2,402,956 $2,371,270 $31,686
2016 $28,502 $2,355,840 $2,324,775 $31,065
2015 $28,226 $2,320,454 $2,289,855 $30,599
2014 $20,952 $1,714,407 $1,687,622 $26,785
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81414665

MLSListings

APN: 124-12-023