NOT LISTED FOR SALE

3387 Kenneth Dr Palo Alto, CA 94303

Palo Verde Neighborhood

Estimated Value: $2,804,000 - $3,447,000

3 Beds
2 Baths
1,499 Sq Ft
$2,137/Sq Ft Est. Value

Last Sold June 15, 2018

Last sale price $1,905,000 $1,271 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $19,856/month

41 Days on Market

Highlights

  • Eichler Home
  • Vaulted Ceiling
  • Marble Countertops
  • Palo Verde Elementary School Rated A+
  • Radiant Floor
  • Neighborhood Views

About This Home

As of June 2018

Opportunity awaits you with this delightful Eichler home in a prime Palo Alto neighborhood! Updated throughout, this home's kitchen has stainless steel appliances, gas stove top, custom marble and tile counters, with an open floor plan offering a lovely dining area, spacious living room with wood burning fire place oriented to a private patio. Beautifully refinished oak hardwood floors throughout all living areas and hallway leading to the carpeted bedrooms, master bedroom has a very nicely updated bath and walk in closet. Loads of light fills this home, inviting the wonderful outdoors in. Professionally landscaped, the lawn, flower beds and several outdoor living areas make this a great entertainers yard space. Highly regarded Palo Alto schools: Palo Verde Elementary, Jane Lathrop Stanford Middle, and Henry M. Gunn High are "Great Schools" rated 9/10. Minutes to Mitchell Park & Center, Eichler Swim & Tennis Club, Stanford University and Silicon Valley Tech Industry.

Last Agent to Sell the Property

Julianne Smith

Authentic Real Estate License #01818774 Listed on: 04/12/2018

Last Buyer's Agent

Stephanie Savides

Stephanie Savides, Broker License #01177101

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,973

Year Built

  • Built in 1958

Lot Details

  • 8,756 Sq Ft Lot
  • Wood Fence
  • Level Lot
  • Sprinkler System
  • Back Yard
  • Zoning described as R1B7

Parking

  • 2 Car Garage
  • 2 Carport Spaces

Home Design

  • Eichler Home
  • Flat Roof Shape
  • Slab Foundation
  • Wood Frame Construction
  • Elastomeric Roof

Interior Spaces

  • 1,499 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Double Pane Windows
  • Bay Window
  • Living Room with Fireplace
  • Formal Dining Room
  • Neighborhood Views
  • Laundry in unit

Kitchen

  • Electric Oven
  • Self-Cleaning Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Marble Countertops
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Radiant Floor

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Low Flow Toliet
  • Low Flow Shower

Outdoor Features

  • Balcony

Listing and Financial Details

  • Assessor Parcel Number 127-09-032

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,973

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Eichler
  • Age: 60
  • Listing Class: Residential
  • Structure Sq Ft: 1499
  • Incorporated: Yes
  • Year Built: 1958
  • Zoning Description: R1B7
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room, Wood Burning
  • Dining Room: Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Marble, Countertop - Tile, Dishwasher, Garbage Disposal, Hood Over Range, Ice Maker, Microwave, Oven - Self Cleaning, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 1499
  • Stories: 1
  • Laundry: Inside
  • Flooring: Carpet, Hardwood
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Elastomeric, Flat / Low Pitch
  • View: Neighborhood
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced, Sprinklers - Lawn
  • Fencing: Wood
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage
  • Carport Min: 2

Utilities

  • Heating System: Radiant Floors
  • Sewer/Septic System: Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Bay Window, Open Beam Ceiling, Vaulted Ceiling, Walk-in Closet

Schools

  • School District: Palo Alto Unified
  • Elementary School: Palo Verde Elementary
  • Middle School: Jane Lathrop Stanford Middle
  • High School: Henry M. Gunn High
  • High School: 325
  • Elementary School: 320
  • Middle School: 322

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 127-09-032
  • Lot Acres: 0.2010
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8755.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8755.00

Green Features

  • Energy Features: Double Pane Windows, Low Flow Shower, Low Flow Toilet, Skylight

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Palo Verde 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
Apr 1, 2019
Sold by
Kotikalapudi Vizayakumar and Kotikalapudi Surya Subbalakshmi
Bought by
Kotikalapudi Vizayakumar and Kotikalapudi Surya Subbalakshmi
Current Estimated Value
$3,231,395

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.3%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Apr 12, 2018
Closed on
Jun 11, 2018
Sold by
Childs Jennifer Lynn and Childs Family Trust
Bought by
Kotikpuladi Vizay and Kotikpuladi Surya
Seller's Agent
Julianne Smith
Authentic Real Estate
Buyer's Agent
Stephanie Savides
Stephanie Savides, Broker
List Price
$2,487,000
Sold Price
$1,905,000
Premium/Discount to List
-$582,000
-23.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.64%
Original Mortgage
$1,524,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 2010
Sold by
Childs Barbara Lynn
Bought by
Childs Barbara Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
4.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 1999
Sold by
Childs Barbara L
Bought by
Childs Barbara Lynn
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
Kotikalapudi Vizayakumar -- Fidelity National Title
Kotikpuladi Vizay $1,905,000 Old Republic Title Co
Childs Barbara Lynn -- Cornerstone Title Company
Childs Barbara Lynn -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kotikalapudi Vizayakumar $886,000
Closed Kotikalapudi Vizayakumar $0
Open Kotikalapudi Vizayakumar $1,476,695
Closed Kotikalapudi Vizayakumar $100,000
Closed Kotikpuladi Vizay $1,524,000
Previous Owner Childs Barbara Lynn $55,000
Previous Owner Childs Barbara Lynn $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2018 06/15/18 Sold $1,905,000 -4.7% $1,271 / Sq Ft
05/24/2018 05/24/18 Pending -- -- --
05/09/2018 05/09/18 Price Changed $1,999,000 -19.6% $1,334 / Sq Ft
04/12/2018 04/12/18 For Sale $2,487,000 -- $1,659 / 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 $25,973 $2,125,060 $2,007,933 $117,127
2023 $25,591 $2,083,393 $1,968,562 $114,831
2022 $25,294 $2,042,543 $1,929,963 $112,580
2021 $24,795 $2,002,494 $1,892,121 $110,373
2020 $24,287 $1,981,962 $1,872,720 $109,242
2019 $24,018 $1,943,100 $1,836,000 $107,100
2018 $6,096 $445,281 $313,353 $131,928
2017 $5,923 $436,551 $307,209 $129,342
2016 $5,762 $427,992 $301,186 $126,806
2015 $5,699 $421,564 $296,662 $124,902
2014 $5,502 $413,307 $290,851 $122,456
Source: Public Records

Agents Affiliated with this Home

  • Julianne Smith

    Seller's Agent in 2018

    Julianne Smith

    Authentic Real Estate

    (831) 359-6728

    1 Total Sale

    Section Image
  • Stephanie Savides

    Buyer's Agent in 2018

    Stephanie Savides

    Stephanie Savides, Broker

    (650) 464-3581

    12 Total Sales

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Map

Source: MLSListings

MLS Number: ML81700368

MLSListings

APN: 127-09-032

California Santa Clara County Palo Alto 94303 Palo Verde

3387 Kenneth Dr, Palo Alto, CA

This home is located at 3387 Kenneth Dr, Palo Alto, CA 94303 since 12 April 2018 and is currently estimated at $3,203,370, approximately $2,137 per square foot. This property was built in 1958. 3387 Kenneth Dr is a home located in Santa Clara County with nearby schools including Palo Verde Elementary School, Jane Lathrop Stanford Middle School, and Henry M. Gunn High School.

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