NOT LISTED FOR SALE

Estimated Value: $3,012,492 - $3,276,000

4 Beds
2 Baths
1,802 Sq Ft
$1,747/Sq Ft Est. Value

Last Sold May 25, 2016

Last sale price $1,960,000 $1,088 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $18,919/month

17 Days on Market

Highlights

  • Solar Power System
  • Contemporary Architecture
  • Granite Countertops
  • Laurel Elementary School Rated A
  • Wood Flooring
  • 4-minute walk to Willow Oaks Park

About This Home

As of May 2016

Charming home with many upgrades located on a quiet tree-lined cul-de-sac in the Willows. Perfect for entertaining with spacious open living & dining area. Large picture windows overlooking back yard. Remodeled kitchen with granite counters, recessed lights, & breakfast nook. Master bedroom has vaulted ceilings, lots of windows, sliding door to back yard & large tiled bath with skylight. Three other bedrooms & a hall bathroom complete the main house. A total of 3 skylights make this a light & bright home! Large private back yard with patio & mature landscaping. The orange tree gives the sweetest oranges! Close to Downtown Palo Alto, Burgess Park, & Facebook + convenient to Highway 101 & Middlefield Road. Excellent schools! Utility bills benefit from recently installed solar panels (leased through Solar City). Detached building is a 1-car garage on one side, other side is a permitted accessory building with bathroom and closet (not included in SF).

Last Agent to Sell the Property

Margaret Barton

Outlook Realty Group, Inc. License #01164338 Listed on: 03/07/2016

Last Buyer's Agent

Diane Thomas

Outlook Realty Group, Inc. License #01206817

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951

Lot Details

  • 6,098 Sq Ft Lot
  • Wood Fence
  • Level Lot
  • Sprinkler System
  • Back Yard
  • Zoning described as R10008

Parking

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

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,802 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Wood Burning Fireplace
  • Combination Dining and Living Room
  • Washer and Dryer

Kitchen

  • Breakfast Area or Nook
  • Gas Cooktop
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Bathtub with Shower

Additional Features

  • Solar Power System
  • Balcony
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 062-343-210

Home Details

Home Type

Single Family

Year Built

Built in 1951

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Contemporary
  • Listing Class: Residential
  • Structure Sq Ft: 1802
  • Year Built: 1951
  • Zoning Description: R10008
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Breakfast Nook, Dining Area in Living Room
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Garbage Disposal, Pantry
  • Living Sq Ft: 1802
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Hardwood, Tile
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Bathroom: Shower and Tub, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter, Concrete Slab
  • Roof: Composition
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced, Sprinklers - Lawn
  • Fencing: Fenced, Wood

Garage/Parking

  • Garage Spaces: 1
  • Garage Parking Features: Detached Garage, Off-Street Parking, On Street

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Skylight

Schools

  • High School: 658

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 062-343-210
  • Lot Acres: 0.1400
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6098.40
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6098.40

Multi Family

  • Utilities: Public Utilities, Solar
  • Second Unit Description: Permitted +bath

MLS Schools

  • High School District Text: Sequoia Union High
  • Elementary School Text: Laurel Elementary
  • High School Text: Menlo-Atherton High
  • Middle School Text: Hillview Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2016
Closed on
May 10, 2016
Sold by
The Smith Living Trust and Smith Maris
Bought by
Rai Dharam and Rai Sadbera
Seller's Agent
Margaret Barton
Outlook Realty Group, Inc.
Buyer's Agent
Diane Thomas
Outlook Realty Group, Inc.
List Price
$1,950,000
Sold Price
$1,960,000
Premium/Discount to List
$10,000
0.51%
Current Estimated Value
$3,148,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,188,123
Avg. Annual Appreciation
5.03%
Original Mortgage
$1,360,000
Outstanding Balance
$1,079,824
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$2,068,299

Purchase Details

Closed on
Sep 24, 2008
Sold by
Smith Maris and Paepcke Inez
Bought by
Smith Maris

Purchase Details

Closed on
Sep 11, 1999
Sold by
Inez Paepcke
Bought by
Paepcke Inez

Purchase Details

Closed on
Sep 1, 1999
Sold by
Maris Smith
Bought by
Smith Maris

Purchase Details

Closed on
Aug 14, 1998
Sold by
Michael Turner Thomas and Michael T
Bought by
Smith Maris and Paepcke Inez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,000
Interest Rate
6.88%

Purchase Details

Closed on
Jan 31, 1995
Sold by
Turner Barbara Lee
Bought by
Turner Thomas Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
8.86%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rai Dharam $1,960,000 Fidelity National Title Co
Smith Maris $200,000 None Available
Paepcke Inez -- --
Smith Maris -- --
Smith Maris $559,000 First American Title Co
Turner Thomas Michael -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rai Dharam $1,360,000
Previous Owner Smith Maris $209,000
Previous Owner Turner Thomas Michael $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2016 05/25/16 Sold $1,960,000 +0.5% $1,088 / Sq Ft
03/25/2016 03/25/16 Pending -- -- --
03/07/2016 03/07/16 For Sale $1,950,000 -- $1,082 / 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 $29,483 $2,477,336 $1,704,664 $772,672
2023 $29,483 $2,316,140 $1,638,471 $677,669
2022 $27,000 $2,233,413 $1,606,345 $627,068
2021 $25,910 $2,143,544 $1,574,849 $568,695
2020 $25,758 $2,121,565 $1,558,701 $562,864
2019 $25,472 $2,079,967 $1,528,139 $551,828
2018 $24,834 $2,039,184 $1,498,176 $541,008
2017 $24,449 $1,999,200 $1,468,800 $530,400
2016 $10,173 $740,276 $370,138 $370,138
2015 $10,034 $729,158 $364,579 $364,579
2014 $9,818 $714,876 $357,438 $357,438
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81563934

MLSListings

APN: 062-343-210