NOT LISTED FOR SALE

Estimated Value: $1,889,000 - $3,321,000

3 Beds
2.5 Baths
1,657 Sq Ft
$1,759/Sq Ft Est. Value

Last Sold April 26, 2023

Last sale price $3,123,750 $1,885 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $18,725/month

34 Days on Market

Highlights

  • Primary Bedroom Suite
  • Contemporary Architecture
  • Radiant Floor
  • Addison Elementary School Rated A+
  • Soaking Tub in Primary Bathroom
  • 2-minute walk to Johnson Park

About This Home

As of April 2023

Located in the heart of Downtown Palo Alto and designed by renowned local architect David Solnick, this sophisticated residence is a tour de force of contemporary architecture. Thoughtfully positioned windows imbue the home with natural light, while earth tones, concrete flooring, and minimalistic landscaping lend the home an aura of zen-like tranquility. A sensational open-concept great room provides a sense of volume equally suited to both entertaining and day-to-day living. The kitchen is thoroughly equipped for the consummate home chef, boasting top of the line appliances and an oversized center island with built-in dining room table. Sliding glass doors lead to the front yard, with a soothing slate patio and water feature. Upstairs, the primary suite is a serene and private retreat, featuring cork flooring, dual closets, and a luxurious bathroom. Mere moments away from Downtown Palo Altos restaurants, cafes, gyms, and shops, this home is the perfect backdrop to your lifestyle.

Last Agent to Sell the Property

Carol,Nicole & James

Compass License #07000304 Listed on: 02/15/2023

Last Buyer's Agent

Aida Fuentes

Bay Area Lux Homes License #01946823

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $38,391

Year Built

  • Built in 2006

Lot Details

  • 1,111 Sq Ft Lot
  • Fenced Front Yard
  • Wood Fence
  • Level Lot
  • Sprinklers on Timer
  • Grass Covered Lot
  • Zoning described as RM2

Parking

  • 1 Car Attached Garage
  • Electric Vehicle Home Charger
  • Uncovered Parking

Home Design

  • Contemporary Architecture
  • Modern Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Tar and Gravel Roof
  • Bitumen Roof

Interior Spaces

  • 1,657 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Skylights
  • Double Pane Windows
  • Combination Dining and Living Room
  • Neighborhood Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Oven
  • Gas Cooktop
  • Range Hood
  • Warming Drawer
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Radiant Floor
  • Stone
  • Concrete

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Bathroom on Main Level
  • Stone Countertops In Bathroom
  • Dual Sinks
  • Soaking Tub in Primary Bathroom
  • Bathtub with Shower
  • Oversized Bathtub in Primary Bathroom
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Balcony

Utilities

  • Radiant Heating System
  • Tankless Water Heater

Community Details

  • Property has a Home Owners Association
  • D. Solnick Designfive Condominiums Association

Listing and Financial Details

  • Assessor Parcel Number 120-13-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$38,391

Year Built

Built in 2006

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Contemporary, Modern / High Tech
  • Age: 17
  • Listing Class: Residential
  • Structure Sq Ft: 1657
  • Incorporated: Yes
  • Year Built: 2006
  • Zoning Description: RM2
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Dining Room: Breakfast Bar, Dining Area in Living Room, Eat in Kitchen
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Garbage Disposal, Hood Over Range, Island, Microwave, Oven - Built-In, Pantry, Refrigerator, Warming Drawer
  • Living Sq Ft: 1657
  • Stories: 2
  • Bedrooms: Ground Floor Bedroom, Primary Suite / Retreat
  • Laundry: Dryer, Upper Floor, Washer
  • Flooring: Concrete, Stone, Wood
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Half on Ground Floor, Primary - Oversized Tub, Primary - Stall Shower(s), Shower and Tub, Stall Shower, Stone, Tile, Tub in Primary Bedroom

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Bitumen, Tar and Gravel
  • View: Neighborhood
  • Yard/Grounds: Balcony / Patio, Low Maintenance, Sprinklers - Auto
  • Fencing: Fenced Front, Wood
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 2
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Attached Garage, Uncovered Parking
  • Electric Vehicle Hookup Type: Electric Vehicle Hookup Level 2 (240 volts)

Utilities

  • Heating System: Radiant, Radiant Floors
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Documents: CC&RS
  • HOA Fee Frequency: Annually
  • H O A Name Text: D. Solnick DesignFive Condominiums
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Skylight

Schools

  • School District: Palo Alto Unified
  • Elementary School: Addison Elementary
  • Middle School: Frank S. Greene Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 309
  • Middle School: 329

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 120-13-011
  • Lot Acres: 0.0255
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1112.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1112.00

Green Features

  • Energy Features: Double Pane Windows, Skylight, Tankless Water Heater

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Addison Elementary
  • High School Text: Palo Alto High
  • Middle School Text: Frank S. Greene Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2023
Closed on
Mar 28, 2023
Sold by
Reza Behforooz Trust
Bought by
Ames Patrick D and Kim Kyungmi
Seller's Agent
Carol,Nicole & James
Compass
Buyer's Agent
Aida Fuentes
Bay Area Lux Homes
List Price
$3,350,000
Sold Price
$3,123,750
Premium/Discount to List
-$226,250
-6.75%
Views
66
Current Estimated Value
$2,914,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$209,695
Avg. Annual Appreciation
-4.68%
Original Mortgage
$1,500,000
Outstanding Balance
$1,455,570
Interest Rate
6.25%
Mortgage Type
Construction
Estimated Equity
$1,329,908

Purchase Details

Closed on
Feb 19, 2014
Sold by
Armstrong Paul Alexander and Onofrio Diletta D
Bought by
Behforooz Reza

Purchase Details

Closed on
Sep 9, 2008
Sold by
Harman Andrew and Zhou Liyang
Bought by
Donofrio Diletta and Armstrong Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.51%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 12, 2007
Sold by
D Solnick Design Five Llc
Bought by
Harman Andrew and Zhou Liyang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 19, 2006
Sold by
D Solnick Design & Development Llc
Bought by
D Solnick Design Five Llc

Purchase Details

Closed on
Sep 21, 2005
Sold by
Solnick Melissa and Solnick David
Bought by
Solnick David and Solnick Melissa

Purchase Details

Closed on
Jul 14, 2005
Sold by
Solnick David and Kelton Melissa
Bought by
Solnick David and Kelton Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.51%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 11, 2003
Sold by
Johnson Michael T
Bought by
Solnick David and Kelton Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$767,250
Interest Rate
1.95%
Mortgage Type
Purchase Money Mortgage
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
Ames Patrick D $3,124,000 Old Republic Title
Behforooz Reza $2,599,750 Old Republic Title Company
Armstrong Paul Alexander -- None Available
Donofrio Diletta -- Chicago Title Company
Harman Andrew -- Chicago Title Company
D Solnick Design Five Llc -- Chicago Title Company
D Solnick Design & Development Llc -- Chicago Title Company
Solnick David -- --
Solnick David -- First American Title Company
Solnick David $1,023,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ames Patrick D $1,500,000
Previous Owner Bejforooz Reza $1,608,540
Previous Owner Behforooz Reza $1,700,000
Previous Owner Behforooz Reza $1,700,000
Previous Owner Onofrio Diletta D $400,000
Previous Owner Donofrio Diletta $650,000
Previous Owner Donofrio Diletta $789,900
Previous Owner Donofrio Diletta $350,000
Previous Owner Donofrio Diletta $382,500
Previous Owner Donofrio Diletta $405,000
Previous Owner Donofrio Diletta $50,000
Previous Owner Donofrio Diletta $417,000
Previous Owner Harman Andrew $1,000,000
Previous Owner Solnick David $200,000
Previous Owner Solnick David $767,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2023 04/26/23 Sold $3,123,750 -2.2% $1,885 / Sq Ft
03/22/2023 03/22/23 Pending -- -- --
03/06/2023 03/06/23 Price Changed $3,195,000 -4.6% $1,928 / Sq Ft
02/15/2023 02/15/23 For Sale $3,350,000 +28.8% $2,022 / Sq Ft
07/28/2014 07/28/14 Sold $2,600,000 -7.0% $1,569 / Sq Ft
07/19/2014 07/19/14 Pending -- -- --
06/16/2014 06/16/14 For Sale $2,795,000 -- $1,687 / 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 $38,391 $3,249,948 $1,624,974 $1,624,974
2024 $38,391 $3,186,224 $1,593,112 $1,593,112
2023 $36,408 $3,003,464 $1,501,732 $1,501,732
2022 $35,991 $2,944,574 $1,472,287 $1,472,287
2021 $35,284 $2,886,838 $1,443,419 $1,443,419
2020 $34,552 $2,857,238 $1,428,619 $1,428,619
2019 $34,172 $2,801,214 $1,400,607 $1,400,607
2018 $33,230 $2,746,290 $1,373,145 $1,373,145
2017 $32,648 $2,692,442 $1,346,221 $1,346,221
2016 $31,795 $2,639,650 $1,319,825 $1,319,825
2015 $31,488 $2,600,000 $1,300,000 $1,300,000
2014 $21,913 $1,798,448 $899,224 $899,224
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81918970

MLSListings

APN: 120-13-011