NOT LISTED FOR SALE

3338 Kipling St Palo Alto, CA 94306

South of Midtown Neighborhood

Estimated Value: $7,013,000 - $8,147,092

7 Beds
8 Baths
4,826 Sq Ft
$1,583/Sq Ft Est. Value

Last Sold December 23, 2016

Last sale price $5,800,000 $1,202 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $46,613/month

Highlights

  • Guest House
  • 0.32 Acre Lot
  • Mediterranean Architecture
  • El Carmelo Elementary School Rated A+
  • Marble Countertops
  • Bonus Room

About This Home

As of December 2016

Nested in a quiet court of prime location of Palo Alto midtown, this stunning Mediterranean new home on a nearly 14,000 sqft oversized lot is an excellent blend of designer appeal and luxurious comfort. This masterpiece consists of a 2-story main house with 6 bedrooms and 6 full baths, and an independent guest house with 1 bedroom and 2 baths, plus a bonus accessory house behind. The huge backyard looks like a park with maple trees and varieties of fruit trees around.

Last Agent to Sell the Property

Daisy Kwok

Pacific Realty Investment Group License #01980151 Listed on: 12/23/2016

Co-Listed By

Jerry Kwok

Pacific Realty Investment Group License #01882477

Last Buyer's Agent

Elena Talis

Keller Williams Palo Alto License #01396001

Keller Williams Palo Alto

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $78,516

Year Built

  • Built in 2016

Lot Details

  • 0.32 Acre Lot
  • Fenced
  • Sprinklers on Timer
  • Back Yard
  • Zoning described as R1

Parking

  • 2 Car Attached Garage
  • Electric Vehicle Home Charger
  • Garage Door Opener
  • Guest Parking

Home Design

  • Mediterranean Architecture
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Ceiling Insulation
  • Clay Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,826 Sq Ft Home
  • 2-Story Property
  • Skylights in Kitchen
  • Circular Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Formal Entry
  • Separate Family Room
  • Formal Dining Room
  • Library
  • Bonus Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Double Oven
  • Gas Oven
  • Range Hood
  • Warming Drawer
  • Microwave
  • Freezer
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Marble Countertops
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 8 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

  • Monitored
  • Fire and Smoke Detector
  • Fire Sprinkler System

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Multiple Heating Units
  • Vented Exhaust Fan
  • Thermostat
  • Tankless Water Heater

Additional Features

  • Balcony
  • Guest House

Listing and Financial Details

  • Assessor Parcel Number 132-16-097

Home Details

Home Type

Single Family

Est. Annual Taxes

$78,516

Year Built

Built in 2016

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Mediterranean
  • Listing Class: Residential
  • Structure Sq Ft: 4826
  • Year Built: 2016
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Burning, Gas Starter
  • Dining Room: Breakfast Nook, Dining Bar, Formal Dining Room
  • Kitchen: Countertop - Marble, Dishwasher, Exhaust Fan, Freezer, Garbage Disposal, Hood Over Range, Island with Sink, Microwave, Oven - Double, Oven Range - Gas, Refrigerator, Skylight, Warming Drawer, Wine Refrigerator
  • Living Sq Ft: 4826
  • Stories: 2
  • Security: Closed Circuit Monitoring (24-hour), Fire Alarm, Fire System - Sprinkler, Security Alarm, Video / Audio System
  • Laundry: Washer / Dryer
  • Additional Rooms: Bonus / Hobby Room, Formal Entry, Guest House, Laundry Room, Library
  • Maximum Numberof Bedrooms: 7
  • Minimum Numberof Bedrooms: 7
  • Full Bathrooms: 8
  • Total Bedrooms: 7
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter, Pillars / Posts / Piers
  • Roof: Clay
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced, Sprinklers - Auto
  • Fencing: Fenced
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Electric Car Hookup, Gate / Door Opener, Guest / Visitor Parking

Utilities

  • Cooling System: Central AC, Multi-Zone
  • Heating System: Central Forced Air, Heating - 2+ Units
  • Sewer/Septic System: Sewer - Public

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: 132-16-097
  • Lot Acres: 0.3160
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 13760.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 13760.00

Green Features

  • Energy Features: Ceiling Insulation, Double Pane Windows, Energy Star Appliances, Skylight, Tankless Water Heater, Thermostat Controller

Multi Family

  • Utilities: Public Utilities

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
Dec 23, 2016
Closed on
Dec 21, 2016
Sold by
Pacific Realty Investment Group Inc
Seller's Agent
Daisy Kwok
Pacific Realty Investment Group
Buyer's Agent
Elena Talis
Keller Williams Palo Alto
List Price
$5,999,000
Sold Price
$5,800,000
Premium/Discount to List
-$199,000
-3.32%
Current Estimated Value
$7,640,364

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,840,364
Avg. Annual Appreciation
3.17%
Original Mortgage
$3,850,000
Outstanding Balance
$2,980,794
Interest Rate
2.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,659,570

Purchase Details

Listed on
Mar 5, 2014
Closed on
Mar 20, 2014
Sold by
Wagner John F and Mcquaid Marjie W
Bought by
Pacific Realty Investment Group Inc
Seller's Agent
Deanna Pollock Tarr
Compass
Buyer's Agent
Jerry Kwok
Pacific Realty Investment Group
List Price
$2,100,000
Sold Price
$2,825,000
Premium/Discount to List
$725,000
34.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.90%

Purchase Details

Closed on
Oct 28, 2013
Sold by
Wagner Charles F
Bought by
Wagner John F and Mcquaid Marjie W

Purchase Details

Closed on
Feb 12, 1998
Sold by
Wagner Charles F
Bought by
Wagner Charles F
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
-- $5,800,000 Old Republic Title Company
Pacific Realty Investment Group Inc $2,824,750 Chicago Title Company
Wagner John F -- None Available
Wagner Charles F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open -- $3,850,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/23/2016 12/23/16 Sold $5,800,000 -3.3% $1,202 / Sq Ft
12/23/2016 12/23/16 Pending -- -- --
12/23/2016 12/23/16 For Sale $5,999,000 +112.4% $1,243 / Sq Ft
03/26/2014 03/26/14 Sold $2,825,000 +34.5% $1,140 / Sq Ft View Prior Sale
03/15/2014 03/15/14 Pending -- -- --
03/05/2014 03/05/14 For Sale $2,100,000 -- $847 / 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 $78,516 $6,731,394 $4,665,554 $2,065,840
2024 $78,516 $6,599,407 $4,574,073 $2,025,334
2023 $77,369 $6,470,008 $4,484,386 $1,985,622
2022 $76,491 $6,343,146 $4,396,457 $1,946,689
2021 $74,987 $6,218,771 $4,310,252 $1,908,519
2020 $73,410 $6,155,006 $4,266,056 $1,888,950
2019 $72,611 $6,034,320 $4,182,408 $1,851,912
2018 $70,583 $5,916,000 $4,100,400 $1,815,600
2017 $69,348 $5,800,000 $4,020,000 $1,780,000
2016 $37,337 $3,109,443 $2,795,943 $313,500
2015 $34,840 $2,881,443 $2,753,946 $127,497
2014 $2,446 $143,198 $38,052 $105,146
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    Daisy Kwok

    Pacific Realty Investment Group

    Section Image

  • J

    Seller Co-Listing Agent in 2016

    Jerry Kwok

    Pacific Realty Investment Group

    (408) 507-3291

    7 Total Sales

    Jerry Kwok
    Section Image

  • E

    Buyer's Agent in 2016

    Elena Talis

    Keller Williams Palo Alto

    Section Image

  • D

    Seller's Agent in 2014

    Deanna Pollock Tarr

    Compass

    Section Image
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Map

Source: MLSListings

MLS Number: ML81634242

MLSListings

APN: 132-16-097

California Santa Clara County Palo Alto 94306 South of Midtown

3338 Kipling St, Palo Alto, CA

This home is located at 3338 Kipling St, Palo Alto, CA 94306 since 23 December 2016 and is currently estimated at $7,640,364, approximately $1,583 per square foot. This property was built in 2016. 3338 Kipling St is a home located in Santa Clara County with nearby schools including El Carmelo Elementary School, Jane Lathrop Stanford Middle School, and Henry M. Gunn High School.

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