NOT LISTED FOR SALE

Estimated Value: $4,340,000 - $4,972,000

4 Beds
3 Baths
2,292 Sq Ft
$2,010/Sq Ft Est. Value

Last Sold June 10, 2021

Last sale price $4,250,000 $1,854 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $28,950/month

14 Days on Market

Highlights

  • Primary Bedroom Suite
  • Skyline View
  • Wood Flooring
  • El Carmelo Elementary School Rated A+
  • Family Room with Fireplace
  • Main Floor Bedroom

About This Home

As of June 2021

EXTENSIVE REMODEL | Situated in a peaceful, highly convenient neighborhood, this elegantly remodeled residence permits sleek, modern living. Upgraded interiors boast versatile spaces, luxury baths, and an abundance of must-have features. Graceful arches enhance the stately living room, while a family room with sky-lit cathedral ceilings shares an open concept with the chefs island kitchen. A ground-level bedroom with en-suite bath is perfect for guests. The relaxing primary suite presents vaulted ceilings and a chic bath with dual vanities and spa-like wet room. Includes two fireplaces, a home office/dining room, spacious lawns, and a private, lush backyard with patio. Within excellent proximity of parks, state-of-the-art Mitchell Library, and shopping and dining on California Avenue, residents are also moments from acclaimed schools like El Carmelo Elementary, JLS Middle, and Gunn High (buyer to verify attendance).

Last Agent to Sell the Property

Theresa Couture

Coldwell Banker Realty License #01090940 Listed on: 04/26/2021

Coldwell Banker Realty

Last Buyer's Agent

Xiaozhu Kang

Compass License #01999507

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $46,148

Year Built

  • 1996

Lot Details

  • 6,669 Sq Ft Lot
  • Gated Home
  • Wood Fence
  • Level Lot
  • Sprinklers on Timer
  • Grass Covered Lot
  • Back Yard Fenced

Parking

  • 2 Car Garage
  • Garage Door Opener
  • On-Street Parking
  • Off-Street Parking

Property Views

  • Skyline
  • Neighborhood

Home Design

  • Wood Frame Construction
  • Ceiling Insulation
  • Shake Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,292 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Skylights in Kitchen
  • Gas Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Alarm System

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Self-Cleaning Oven
  • Gas Oven
  • Range Hood
  • Microwave

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Solid Surface Bathroom Countertops
  • Stone Countertops In Bathroom
  • Dual Sinks
  • Dual Flush Toilets
  • Low Flow Toliet
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry in Utility Room
  • Washer and Dryer

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Tankless Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$46,148

Year Built

1996

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Age: 25
  • Listing Class: Residential
  • Structure Sq Ft: 2292
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1996

Interior Features

  • Family Room: Kitchen / Family Room Combo, Separate Family Room
  • Fireplace: Family Room, Gas Burning, Living Room
  • Dining Room: Breakfast Bar, Eat In Kitchen, Formal Dining Room, Skylight
  • Kitchen: Hood Over Range, Microwave, Oven - Built-In, Oven - Electric, Oven - Self Cleaning, Oven Range - Gas, Refrigerator, Skylight
  • Fireplace: Yes
  • Living Sq Ft: 2292
  • Stories: 2
  • Security: Security Alarm
  • Bedrooms: Ground Floor Bedroom, Primary Suite / Retreat, Walk-In Closet
  • Laundry: In Utility Room, Washer / Dryer
  • Flooring: Carpet, Hardwood, Stone
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Dual Flush Toilet, Full On Ground Floor, Shower Over Tub - 1, Skylight, Solid Surface, Stall Shower - 2+, Stone, Tile

Exterior Features

  • Foundation: Concrete Perimeter And Slab, Wood Frame
  • Roof: Composition, Shake
  • View: Neighborhood
  • Yard/Grounds: Back Yard, Balcony / Patio, Low Maintenance, Sprinklers - Auto, Sprinklers - Lawn
  • Fencing: Fenced Back, Gate, Wood
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Gate / Door Opener, Off-Street Parking, On Street

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Skylight, Walk-In Closet

Schools

  • School District: Palo Alto Unified

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1531
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6668.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6668.00

Green Features

  • Energy Features: Ceiling Insulation, Double Pane Windows, Low Flow Toilet, Skylight, Tankless Water Heater

Multi Family

  • Utilities: Natural Gas, Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2024
Sold by
Zheng Jie
Bought by
Zheng Family Trust and Zheng
Current Estimated Value
$4,607,276

Purchase Details

Listed on
Apr 26, 2021
Closed on
Jun 8, 2021
Sold by
Sunny Cadia Llc
Bought by
Zheng Jie
Seller's Agent
Theresa Couture
Coldwell Banker Realty
Buyer's Agent
Xiaozhu Kang
Compass
List Price
$3,600,000
Sold Price
$4,250,000
Premium/Discount to List
$650,000
18.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.07%
Original Mortgage
$3,000,000
Interest Rate
1.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 12, 2018
Sold by
Chen Lung Albert and Lin Lea Ying
Bought by
Sunny Cadia Llc

Purchase Details

Closed on
Jul 26, 2010
Sold by
Chen Lung Albert and Lin Lea Ying Amy
Bought by
Chen Lung Albert and Lin Lea Ying Amy

Purchase Details

Closed on
Feb 4, 2000
Sold by
Kim Hachul C
Bought by
Chen Lung Albert and Lin Lea Ying Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
7.37%

Purchase Details

Closed on
Apr 24, 1996
Sold by
Fischer Colbrie Eric and Mcreynolds Kathy
Bought by
Kim Hachul Chris and Kim Seakyoung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
7.84%

Purchase Details

Closed on
Nov 2, 1995
Sold by
Jaffray Mary Louise
Bought by
Fischer Colbrie Eric and Mcreynolds Kathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
7.58%
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
Zheng Family Trust -- None Listed On Document
Zheng Jie $4,250,000 First American Title Company
Sunny Cadia Llc -- None Available
Chen Lung Albert -- None Available
Chen Lung Albert -- None Available
Chen Lung Albert $1,500,000 Chicago Title Co
Kim Hachul Chris $685,000 Old Republic Title Company
Fischer Colbrie Eric -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zheng Jie $3,000,000
Previous Owner Chen Lung Albert $500,000
Previous Owner Lin Lea Ying Amy $210,000
Previous Owner Lin Lea Ying Amy $400,000
Previous Owner Lin Lea Ying Amy $500,000
Previous Owner Lin Lea Ying Amy $1,100,000
Previous Owner Lin Lea Ying Amy $235,000
Previous Owner Chen Lung Albert $650,000
Previous Owner Kim Hachul Chris $285,000
Previous Owner Fischer Colbrie Eric $244,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2021 06/10/21 Sold $4,250,000 +18.1% $1,854 / Sq Ft
05/11/2021 05/11/21 Pending -- -- --
04/26/2021 04/26/21 For Sale $3,600,000 -- $1,571 / 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 $46,148 $4,030,000 $2,749,800 $1,280,200
2024 $46,148 $3,850,000 $2,650,000 $1,200,000
2023 $45,381 $3,760,000 $2,565,600 $1,194,400
2022 $52,584 $4,335,000 $2,958,000 $1,377,000
2021 $26,312 $2,129,895 $1,107,546 $1,022,349
2020 $25,771 $2,108,057 $1,096,190 $1,011,867
2019 $25,487 $2,066,724 $1,074,697 $992,027
2018 $24,707 $2,026,201 $1,053,625 $972,576
2017 $24,272 $1,986,472 $1,032,966 $953,506
2016 $23,635 $1,947,522 $1,012,712 $934,810
2015 $23,403 $1,918,270 $997,501 $920,769
2014 $22,919 $1,880,695 $977,962 $902,733
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81841467

MLSListings

APN: 132-16-035