NOT LISTED FOR SALE

Estimated Value: $6,745,000 - $9,383,000

6 Beds
6 Baths
4,858 Sq Ft
$1,714/Sq Ft Est. Value

Last Sold May 20, 2016

Last sale price $6,000,000 $1,235 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $52,875/month

14 Days on Market

Highlights

  • Skyline View
  • English Architecture
  • Marble Bathroom Countertops
  • Addison Elementary School Rated A+
  • Wood Flooring
  • 1-minute walk to Hopkins Creekside Park

About This Home

As of May 2016

Executive residence in downtown Palo Alto. Luxurious 6 bed/6 bath home of 4,858 sq. ft. on lot of 9,000 sq. ft. is designed for indoor and outdoor entertaining. Exquisitely crafted w/ elegant woodwork, 4 fireplaces, and sophisticated spaces, plus flexible lower level w/ kitchenette. Must-see backyard includes observatory. Easy walkability to fine University Avenue attractions. Near incredible PA schools.

Last Agent to Sell the Property

Michael Repka

Deleon Realty License #70010006 Listed on: 04/27/2016

Last Buyer's Agent

Michael Repka

Deleon Realty License #70010006 Listed on: 04/27/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $82,792

Year Built

  • Built in 2000

Lot Details

  • 9,017 Sq Ft Lot
  • Gated Home
  • Wood Fence
  • Level Lot
  • Sprinklers on Timer
  • Back Yard
  • Zoning described as R1

Parking

  • 1 Car Detached Garage
  • Tandem Parking
  • Garage Door Opener
  • Electric Gate
  • On-Street Parking

Home Design

  • English Architecture
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,858 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Skylights
  • 3 Fireplaces
  • Wood Burning Fireplace
  • Clean Air Certified Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Formal Dining Room
  • Den
  • Bonus Room
  • Skyline Views
  • Alarm System
  • Finished Basement

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Built-In Self-Cleaning Double Oven
  • Electric Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Full Bathrooms
  • Marble Bathroom Countertops
  • Dual Sinks
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Outdoor Features

  • Balcony
  • Barbecue Area

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • Thermostat
  • Separate Meters
  • 220 Volts
  • Individual Gas Meter
  • Sewer Connection Less Than 500 Feet Away
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 120-12-034

Home Details

Home Type

Single Family

Est. Annual Taxes

$82,792

Year Built

Built in 2000

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: English
  • Age: 16
  • Listing Class: Residential
  • Structure Sq Ft: 4858
  • Incorporated: Yes
  • Year Built: 2000
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Clean Air Certified, Gas Burning, Wood Burning
  • Dining Room: Breakfast Bar, Breakfast Nook, Formal Dining Room
  • Kitchen: 220 Volt Outlet, Cooktop - Gas, Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Ice Maker, Island with Sink, Microwave, Oven - Built-In, Oven - Double, Oven - Electric, Oven - Self Cleaning, Pantry
  • Living Sq Ft: 4858
  • Stories: 2
  • Security: Security Alarm
  • Laundry: Dryer, Tub / Sink, Washer
  • Flooring: Carpet, Hardwood
  • Additional Rooms: Basement - Finished, Bonus / Hobby Room, Den / Study / Office, Laundry Room
  • Fireplaces Min: 3
  • Maximum Numberof Bedrooms: 6
  • Minimum Numberof Bedrooms: 6
  • Full Bathrooms: 6
  • Total Bedrooms: 6
  • Bathroom: Double Sinks, Marble, Skylight, Stall Shower, Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Composition
  • Yard/Grounds: Back Yard, Balcony / Patio, BBQ Area, Fenced, Sprinklers - Auto, Sprinklers - Lawn
  • Fencing: Gate, Mixed Height / Type, Wood
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Detached Garage, Electric Gate, Gate / Door Opener, On Street, Tandem Parking

Utilities

  • Cooling System: Central Forced Air - Gas
  • Heating System: Central Forced Air - Gas, Heating - 2+ Units, Heating - 2+ Zones
  • Sewer/Septic System: Sewer - Public, Sewer Connected, Sewer Connections - LESS than 500 feet away

Association/Amenities

  • Amenities Miscellaneous: High Ceiling

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: 120-12-034
  • Lot Acres: 0.2070
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9000.00

Green Features

  • Energy Features: Double Pane Windows, Skylight, Thermostat Controller

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, 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: David Starr Jordan Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2016
Closed on
May 16, 2016
Sold by
Yerga Chris M and Yerga Elaine S
Bought by
Aslan Investment Company Llc
Seller's Agent
Michael Repka
Deleon Realty
Buyer's Agent
Michael Repka
Deleon Realty
List Price
$5,988,000
Sold Price
$6,000,000
Premium/Discount to List
$12,000
0.2%
Current Estimated Value
$8,324,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,324,712
Avg. Annual Appreciation
3.79%

Purchase Details

Closed on
Apr 23, 2008
Sold by
Yerga Chris and Yerga Elaine
Bought by
Yerga Chris M and Yerga Elaine S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,660,000
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 3, 2008
Sold by
Zuk Nir and Zuk Tamar
Bought by
Yerga Chris and Yerga Elaine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,660,000
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 28, 2005
Sold by
Zuk Nir and Zuk Tamar
Bought by
Zuk Nir and Zuk Tamar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.53%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 20, 2004
Sold by
Mizrahi Ovadia
Bought by
Zuk Nir and Zuk Tamar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,836,250
Interest Rate
3.44%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 27, 1999
Sold by
Gloria Ting
Bought by
Mizrahi Ovadia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$553,000
Interest Rate
3.35%
Source: Public Records

Range of Values:

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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
Aslan Investment Company Llc $6,000,000 Chicago Title Company
Yerga Chris M -- First American Title Co
Yerga Chris -- First American Title Co
Zuk Nir -- --
Zuk Nir $2,825,000 Financial Title Company
Mizrahi Ovadia $790,000 Old Republic Title Company
Ting Gloria -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yerga Chris M $2,000,000
Previous Owner Yerga Chris M $500,000
Previous Owner Yerga Chris $2,660,000
Previous Owner Zuk Nir $500,000
Previous Owner Zuk Nir $424,500
Previous Owner Zuk Nir $1,836,250
Previous Owner Mizrahi Ovadia $2,188,000
Previous Owner Mizrahi Ovadia $200,000
Previous Owner Mizrahi Ovadia $31,800
Previous Owner Mizrahi Ovadia $600,000
Previous Owner Mizrahi Ovadia $553,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2016 05/20/16 Sold $6,000,000 +0.2% $1,235 / Sq Ft
05/12/2016 05/12/16 Pending -- -- --
04/27/2016 04/27/16 For Sale $5,988,000 -- $1,233 / 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 $82,792 $6,963,510 $5,222,634 $1,740,876
2023 $81,583 $6,826,972 $5,120,230 $1,706,742
2022 $80,657 $6,693,111 $5,019,834 $1,673,277
2021 $79,071 $6,561,874 $4,921,406 $1,640,468
2020 $77,408 $6,494,592 $4,870,944 $1,623,648
2019 $76,565 $6,367,248 $4,775,436 $1,591,812
2018 $74,425 $6,242,400 $4,681,800 $1,560,600
2017 $73,123 $6,120,000 $4,590,000 $1,530,000
2016 $50,312 $4,216,410 $2,552,039 $1,664,371
2015 $49,830 $4,153,076 $2,513,705 $1,639,371
2014 $48,922 $4,071,723 $2,464,465 $1,607,258
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81582486

MLSListings

APN: 120-12-034