NOT LISTED FOR SALE

Estimated Value: $3,961,000 - $4,451,000

4 Beds
2 Baths
2,284 Sq Ft
$1,877/Sq Ft Est. Value

Last Sold March 11, 2014

Last sale price $2,580,000 $1,130 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $27,674/month

8 Days on Market

Highlights

  • Living Room with Fireplace
  • Workshop
  • Forced Air Heating System
  • El Carmelo Elementary School Rated A+
  • Eat-In Kitchen
  • Separate Family Room

About This Home

As of March 2014

Spacious home on a tree-lined street in desirable Midtown close to shopping, parks, schools and Mitchell Park Community Center and library. Large eat-in kitchen with abundant storage, huge family room, detached workshop/studio; perfect for craft room or home office, copper piping, new roof in 2010, freshly painted, beautiful wood floors and new carpet.

Last Agent to Sell the Property

Denise Simons

Compass License #01376733 Listed on: 01/30/2014

Compass

Last Buyer's Agent

Juliana Lee

Keller Williams Palo Alto License #00851314

Keller Williams Palo Alto

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $38,873

Year Built

  • Built in 1949

Lot Details

  • Fenced
  • Zoning described as R1

Parking

  • 1 Car Garage

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,284 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Separate Family Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Workshop
  • Vinyl Flooring

Kitchen

  • Eat-In Kitchen
  • Built-In Oven

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 132-22-066

Home Details

Home Type

Single Family

Est. Annual Taxes

$38,873

Year Built

Built in 1949

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Age: 65
  • Sale Price Per Sq Ft: 1129.60
  • Listing Class: Residential
  • Structure Sq Ft: 2284
  • Incorporated: Yes
  • Map Book Page: 811
  • Map Side Coordinate: 1
  • Map Top Coordinate: D
  • Thomas Bros Page: 811
  • Thomas Brothers: D1
  • Year Built: 1949
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room, Wood Burning, Yes
  • Dining Room: Dining Area in Living Room, Eat in Kitchen
  • Kitchen: Refrigerator, Oven Range - Built-In, 220 Volt Outlet, Hookups - Gas
  • Living Sq Ft: 2284
  • Stories: 2
  • Laundry: In Garage, Dryer, Washer
  • Flooring: Hardwood - Partial, Carpet - Wall to Wall, Vinyl / Linoleum
  • Additional Rooms: Workshop
  • Maximum Bathrooms: 2
  • Maximum Numberof Bedrooms: 4
  • Minimum Bathrooms: 2
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Pool - No
  • Roof: Composition
  • View: Local/Neighborhood
  • Yard/Grounds: Patio(s), Sprinkler(s) - Front, Fenced
  • Exterior: Wood, Stucco

Garage/Parking

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

Utilities

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

Schools

  • School District: Palo Alto Unified
  • Elementary School: El Carmelo Elementary
  • Middle School: Jane Lathrop Stanford Middle
  • High School: Henry M. Gunn High
  • High School: 325
  • Elementary School: 312
  • Middle School: 322

Lot Info

  • Parcel Number: 132-22-066
  • List Price per Sq Ft: 785.90
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6125.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 6125.00
  • Lot Size Area Min Search: 6125.00
  • Maximum Lot Size: 6125.00
  • Map Book: Thomas Bros

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

Closed on
Feb 8, 2019
Sold by
Pan Jinhui and Zou Xu
Bought by
Zou Xu and Pan Jinhui
Current Estimated Value
$4,424,332

Purchase Details

Listed on
Jan 30, 2014
Closed on
Mar 4, 2014
Sold by
Moore Betty Q
Bought by
Pan Jinhui and Zou Xu
Seller's Agent
Denise Simons
Compass
Buyer's Agent
Juliana Lee
Keller Williams Palo Alto
List Price
$1,795,000
Sold Price
$2,580,000
Premium/Discount to List
$785,000
43.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.78%
Original Mortgage
$2,000,000
Outstanding Balance
$1,433,339
Interest Rate
2.66%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,964,504

Purchase Details

Closed on
Jun 9, 1999
Sold by
Moore Betty Q
Bought by
Moore Betty Q
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
Zou Xu -- None Available
Pan Jinhui $2,579,750 Chicago Title Company
Moore Betty Q -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pan Jinhui $2,000,000
Previous Owner Moore Betty Q $485,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2014 03/11/14 Sold $2,580,000 +43.7% $1,130 / Sq Ft
02/07/2014 02/07/14 Pending -- -- --
01/30/2014 01/30/14 For Sale $1,795,000 -- $786 / 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 $38,873 $3,223,589 $2,283,466 $940,123
2023 $38,303 $3,160,383 $2,238,693 $921,690
2022 $37,863 $3,098,416 $2,194,798 $903,618
2021 $37,118 $3,037,663 $2,151,763 $885,900
2020 $36,347 $3,006,517 $2,129,700 $876,817
2019 $35,949 $2,947,567 $2,087,942 $859,625
2018 $34,956 $2,889,772 $2,047,002 $842,770
2017 $34,343 $2,833,111 $2,006,865 $826,246
2016 $32,205 $2,671,678 $1,967,515 $704,163
2015 $31,894 $2,631,548 $1,937,962 $693,586
2014 $2,025 $114,545 $32,394 $82,151
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81402789

MLSListings

APN: 132-22-066