NOT LISTED FOR SALE

Estimated Value: $5,195,486 - $5,595,000

4 Beds
6 Baths
2,700 Sq Ft
$2,002/Sq Ft Est. Value

Last Sold October 07, 2019

Last sale price $4,580,000 $1,696 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $34,117/month

7 Days on Market

Highlights

  • New Construction
  • Wood Flooring
  • High Ceiling
  • Fairmeadow Elementary School Rated A+
  • Mediterranean Architecture
  • Quartz Countertops

About This Home

As of October 2019

Tucked away on a peaceful cul-de-sac, this sparkling-new Mediterranean-style home w/modern amenities is conveniently located in Palo Alto's highly desirable Midtown area. Its warm hues, elegant details, and beautiful indoor & outdoor spaces for private, leisurely living & entertaining make it the perfect beginning to a life of quiet, refined comfort***Quality materials & design elements are used throughout this home***Beautiful wide-plank white oak hardwood floors;coffer high ceilings w/crown moldings & recessed lighting; superbly equipped kitchen w/top-of-the-line appliances, Ceaserstone countertops; ample custom-built cabinetry & a 92-bottle wine cooler; breakfast nook w/deep window seats; dual-zone A/C and heating; security alarm system w/4 surveillance cameras***Expansive windows & skylights fill the space with natural light***All bedrooms are suites***Over 360 sq.ft. covered porch/patio***Within walking distance of top-rated schools & 21-acre Mitchell Park & 41,000 sq.ft Library

Last Agent to Sell the Property

Judy Shen

Coldwell Banker Realty License #01272874 Listed on: 08/01/2019

Coldwell Banker Realty

Last Buyer's Agent

Tina Li

Coldwell Banker Realty License #02085908

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $58,685

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 6,094 Sq Ft Lot
  • Back Yard Fenced
  • Level Lot
  • Sprinklers on Timer
  • Zoning described as R1

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Mediterranean Architecture
  • Wood Frame Construction
  • Ceiling Insulation
  • Floor Insulation
  • Clay Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 2,700 Sq Ft Home
  • 1-Story Property
  • Entertainment System
  • High Ceiling
  • Skylights
  • Gas Log Fireplace
  • Double Pane Windows
  • Bay Window
  • Garden Windows
  • Formal Entry
  • Living Room with Fireplace
  • Formal Dining Room
  • Neighborhood Views
  • Fire Sprinkler System

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Gas Cooktop
  • Range Hood
  • Freezer
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Quartz Countertops

Flooring

  • Wood
  • Travertine

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • Dual Sinks
  • Dual Flush Toilets
  • Low Flow Toliet
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Gas Dryer Hookup

Eco-Friendly Details

  • Green Features
  • Energy-Efficient Insulation

Outdoor Features

  • Balcony

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • Thermostat
  • Separate Meters
  • 220 Volts
  • Individual Gas Meter
  • Tankless Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 132-05-076

Home Details

Home Type

Single Family

Est. Annual Taxes

$58,685

Year Built

Built in 2019 | New Construction

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Mediterranean
  • Property Condition: Built / Remodeled Green
  • Listing Class: Residential
  • Structure Sq Ft: 2700
  • Construction: Completed-Never Occupied
  • Incorporated: Yes
  • Year Built: 2019
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Log, Gas Starter, Living Room
  • Dining Room: Dining Area in Living Room, Eat in Kitchen, Formal Dining Room
  • Kitchen: 220 Volt Outlet, Cooktop - Gas, Countertop - Quartz, Dishwasher, Exhaust Fan, Freezer, Hood Over Range, Island, Island with Sink, Oven Range - Built-In, Gas, Refrigerator, Wine Refrigerator
  • Living Sq Ft: 2700
  • Stories: 1
  • Security: Fire System - Sprinkler
  • Laundry: Electricity Hookup (220V), Gas Hookup, Upper Floor
  • Flooring: Hardwood, Travertine
  • Additional Rooms: Formal Entry, Laundry Room
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Dual Flush Toilet, Full on Ground Floor, Half on Ground Floor, Primary - Stall Shower(s), Shower and Tub, Showers over Tubs - 2+, Tub in Primary Bedroom
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter, Wood Frame
  • Roof: Clay
  • View: Neighborhood
  • Yard/Grounds: Balcony / Patio, Fenced, Sprinklers - Auto, Sprinklers - Lawn
  • Fencing: Fenced Back, Wood
  • Construction Type: Stucco, Wood Frame

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Attached Garage, Gate / Door Opener

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Bay Window, Garden Window, High Ceiling, Skylight, Video / Audio System, Walk-in Closet

Schools

  • School District: Palo Alto Unified
  • Elementary School: Fairmeadow Elementary
  • Middle School: Jane Lathrop Stanford Middle
  • High School: Henry M. Gunn High
  • High School: 325
  • Elementary School: 314
  • Middle School: 322

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 132-05-076
  • Lot Acres: 0.1399
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6092.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6092.00

Green Features

  • Energy Features: Ceiling Insulation, Double Pane Windows, Green Features, Insulation - Floor, Insulation - Per Owner, Low Flow Toilet, Skylight, Tankless Water Heater, Thermostat Controller, Walls Insulated

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Natural Gas, Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Fairmeadow 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
Aug 1, 2019
Closed on
Oct 2, 2019
Sold by
3438 Ashton Development Llc
Bought by
Tong Xiaohong
Seller's Agent
Judy Shen
Coldwell Banker Realty
Buyer's Agent
Tina Li
Coldwell Banker Realty
List Price
$4,580,000
Sold Price
$4,580,000
Current Estimated Value
$5,405,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$825,872
Avg. Annual Appreciation
2.84%

Purchase Details

Closed on
Jul 22, 2019
Sold by
Pi Jin
Bought by
3438 Ashton Development Llc

Purchase Details

Closed on
Sep 29, 2015
Sold by
Pi Jin
Bought by
Pi Jin and Li Tao

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2015
Sold by
Angel Jonathan Frederick
Bought by
3438 Ashton Development Llc

Purchase Details

Closed on
Jun 2, 2012
Sold by
Angel Eleanor and Angel Jonathan
Bought by
Angel Jonathan Frederick

Purchase Details

Closed on
Jan 31, 2008
Sold by
Angel Deborah Bernadette Johns
Bought by
Angel Jonathan Frederick
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
Tong Xiaohong $4,580,000 Chicago Title Company
3438 Ashton Development Llc -- Chicago Title Company
Pi Jin -- Chicago Title Company
Pi Jin -- North American Title Co Inc
Pi Jin -- North American Title Co Inc
3438 Ashton Development Llc $2,450,000 Old Republic Title Company
Angel Jonathan Frederick -- None Available
Angel Jonathan Frederick -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pi Jin $417,000
Previous Owner Angel Jenifer $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2019 10/07/19 Sold $4,580,000 0.0% $1,696 / Sq Ft
08/09/2019 08/09/19 Pending -- -- --
08/01/2019 08/01/19 For Sale $4,580,000 -- $1,696 / 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 $58,685 $5,008,895 $3,915,250 $1,093,645
2024 $58,685 $4,910,682 $3,838,481 $1,072,201
2023 $57,827 $4,814,395 $3,763,217 $1,051,178
2022 $57,168 $4,719,996 $3,689,429 $1,030,567
2021 $56,043 $4,627,448 $3,617,088 $1,010,360
2020 $54,870 $4,580,000 $3,580,000 $1,000,000
2019 $39,037 $3,207,608 $2,639,608 $568,000
2018 $31,401 $2,587,851 $2,587,851 $0
2017 $30,851 $2,537,109 $2,537,109 $0
2016 $30,044 $2,487,362 $2,487,362 $0
2015 $1,784 $77,425 $31,506 $45,919
2014 $1,650 $75,909 $30,889 $45,020
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81763983

MLSListings

APN: 132-05-076