NOT LISTED FOR SALE

3449 Thomas Dr Palo Alto, CA 94303

Palo Verde Neighborhood

Estimated Value: $3,364,000 - $3,971,000

4 Beds
2 Baths
1,844 Sq Ft
$1,919/Sq Ft Est. Value

Last Sold April 18, 2022

Last sale price $3,950,000 $2,142 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $22,157/month

11 Days on Market

Highlights

  • Wine Refrigerator
  • Beamed Ceilings
  • Bathtub with Shower
  • Palo Verde Elementary School Rated A+
  • 1 Car Attached Garage
  • Bathroom on Main Level

About This Home

As of April 2022

Beautifully remodeled 1957 Eichler by renowned Bay Area architect, Curt Cline. The house exemplifies indoor/outdoor living with Fleetwood sliders & new dual pane glass walls throughout. Outside includes a Rain Machine Wifi Smart controller & drip irrigation system, concrete natural gas fire pit, connection for a natural gas bbq, tiled entertainers porch area with 2 raised garden beds & mini-citrus orchard. The inside of this home has Heath Ceramic tiles in the kitchen, butlers pantry & guest bathroom. Open kitchen has premium appliances: induction cooktop, commercial hood & 180 bottle wine fridge. The study/family room fully opens up to the front atrium providing a large indoor/outdoor living space. The living room is anchored by a custom built concrete floor-ceiling gas fireplace.Radiant heat with high efficiency combination radiant heat boiler & passive 40 gallon water heater, Nest thermostat & doorbell system, wifi smart outlets throughout.Commercial size Maytag washer & dryer.

Last Agent to Sell the Property

Suzanne Yost

Compass License #00758189 Listed on: 03/11/2022

Compass

Last Buyer's Agent

Cindy Lunk

Compass License #02037820

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,689

Year Built

  • 1957

Lot Details

  • 7,018 Sq Ft Lot

Parking

  • 1 Car Attached Garage
  • Off-Street Parking

Home Design

  • Slab Foundation
  • Urethane Roof

Interior Spaces

  • 1,844 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Gas Fireplace
  • Separate Family Room
  • Combination Dining and Living Room
  • Laundry in Garage

Kitchen

  • Range Hood
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Utilities

  • Separate Meters
  • Individual Gas Meter

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,689

Year Built

1957

Lot Details

0

Parking

1

Listing Details

  • Zoning: R1B7
  • Subclass: Single Family Home
  • Age: 65
  • Listing Class: Residential
  • Structure Sq Ft: 1844
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1957

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Burning
  • Dining Room: Dining Area In Living Room
  • Kitchen: Dishwasher, Garbage Disposal, Hood Over Range, Island, Wine Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1844
  • Stories: 1
  • Bedrooms: More Than One Bedroom On Ground Floor, Primary Bedroom On Ground Floor
  • Laundry: In Garage
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Bathroom: Full On Ground Floor, Shower Over Tub - 1, Stall Shower

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Polyurethane

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Attached Garage, Off-Street Parking

Utilities

  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Open Beam Ceiling

Schools

  • School District: Palo Alto Unified

Lot Info

  • Lot Acres: 0.1611
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7019.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7019.00

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2022
Closed on
Apr 11, 2022
Sold by
Kramer Revocable Trust
Bought by
Madhavan Jayant and Madhavan Anuradha
Seller's Agent
Suzanne Yost
Compass
Buyer's Agent
Cindy Lunk
Compass
List Price
$3,398,000
Sold Price
$3,950,000
Premium/Discount to List
$552,000
16.24%
Current Estimated Value
$3,537,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$412,002
Avg. Annual Appreciation
-2.05%
Original Mortgage
$2,765,000
Outstanding Balance
$2,613,797
Interest Rate
4.72%
Mortgage Type
New Conventional
Estimated Equity
$1,066,569

Purchase Details

Closed on
Oct 29, 2015
Sold by
Kramer Aaron and Kramer Dana Hauser
Bought by
The Kramer Revocable Trust and Hauser Kramer Dana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,673,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2010
Sold by
Katzir Ehud and Katzir Avivit
Bought by
Kramer Aaron and Kramer Dana Hauser

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,250
Interest Rate
5.01%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 17, 2000
Sold by
Higgins Willis E and Higgins Susan L
Bought by
Katzir Ehud and Katzir Avivat Michal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$618,750
Interest Rate
8.12%
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
Madhavan Jayant $3,950,000 First American Title
The Kramer Revocable Trust -- None Available
Kramer Aaron -- First American Title Company
Katzir Ehud $825,000 First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Madhavan Jayant $2,765,000
Previous Owner Kramer Aaron Jon $1,500,000
Previous Owner Kramer Aaron Jon $1,516,000
Previous Owner Kramer Aaron $1,673,000
Previous Owner Kramer Aaron $1,186,000
Previous Owner Kramer Aaron $500,000
Previous Owner Kramer Aaron $1,200,000
Previous Owner Kramer Aaron $942,000
Previous Owner Kramer Aaron $238,250
Previous Owner Kramer Aaron $729,750
Previous Owner Katzir Ehud $500,000
Previous Owner Katzir Ehud $550,000
Previous Owner Katzir Ehud $560,000
Previous Owner Katzir Ehud $570,000
Previous Owner Katzir Ehud $596,000
Previous Owner Katzir Ehud $600,000
Previous Owner Katzir Ehud $618,750
Previous Owner Higgins Willis E $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2022 04/18/22 Sold $3,950,000 +16.2% $2,142 / Sq Ft
03/22/2022 03/22/22 Pending -- -- --
03/11/2022 03/11/22 For Sale $3,398,000 -- $1,843 / 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 $39,689 $3,500,000 $3,100,000 $400,000
2024 $39,689 $3,300,000 $3,000,000 $300,000
2023 $39,869 $4,029,000 $3,621,000 $408,000
2022 $18,778 $1,495,224 $1,030,260 $464,964
2021 $18,408 $1,465,907 $1,010,059 $455,848
2020 $18,035 $1,450,877 $999,703 $451,174
2019 $17,834 $1,422,429 $980,101 $442,328
2018 $17,353 $1,394,539 $960,884 $433,655
2017 $17,048 $1,367,196 $942,044 $425,152
2016 $16,599 $1,340,389 $923,573 $416,816
2015 $16,191 $1,299,572 $909,701 $389,871
2014 $15,825 $1,274,116 $891,882 $382,234
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Suzanne Yost

    Compass

    Section Image
  • Cindy Lunk

    Buyer's Agent in 2022

    Cindy Lunk

    Compass

    (650) 305-9490

    1 in this area

    36 Total Sales

    Cindy Lunk
    Section Image
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Map

Source: MLSListings

MLS Number: ML81879821

MLSListings

APN: 127-09-088

California Santa Clara County Palo Alto 94303 Palo Verde

3449 Thomas Dr, Palo Alto, CA

This home is located at 3449 Thomas Dr, Palo Alto, CA 94303 since 11 March 2022 and is currently estimated at $3,537,998, approximately $1,918 per square foot. This property was built in 1957. 3449 Thomas 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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