NOT LISTED FOR SALE

Estimated Value: $2,982,206 - $3,196,000

3 Beds
1 Bath
925 Sq Ft
$3,364/Sq Ft Est. Value

Last Sold June 15, 2020

Last sale price $2,375,000 $2,568 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $19,427/month

22 Days on Market

Highlights

  • Wood Flooring
  • Quartz Countertops
  • Skylights
  • Fairmeadow Elementary School Rated A+
  • Beamed Ceilings
  • Eat-In Kitchen

About This Home

As of June 2020

Occupying a spacious lot in desirable Midtown, this property presents an opportunity to remodel or build your dream home in one of Silicon Valleys most popular neighborhoods. Bursting with potential, the home blends hallmarks like vaulted beamed ceilings and oversized windows with a variety of tasteful upgrades. Sky-lit, open-concept gathering areas flow into the expansive backyard. The sunny kitchen offers new quartz countertops and a stainless gas oven range with griddle, while 3 bedrooms unfold around a hall bathroom. The sizable property is immersed in natural privacy, and includes a garage and plenty of space for expansion or even new construction. This home is tucked along a desirable street with no through-traffic, and the presence of many newer neighboring homes underscores the areas high desirability. Students are located near some of the top-ranking schools in America, and residents are moments from daily conveniences, recreational venues, and major tech companies.

Last Agent to Sell the Property

Alex Wang

Rainmaker Real Estate License #01351503 Listed on: 04/28/2020

Last Buyer's Agent

Jack Lin

Top One Investment Inc License #01438311

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,035

Year Built

  • 1951

Lot Details

  • 6,360 Sq Ft Lot
  • Fenced
  • Back Yard

Parking

  • 1 Car Garage
  • On-Street Parking

Home Design

  • Slab Foundation
  • Foam Roof

Interior Spaces

  • 925 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Skylights
  • Living Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Quartz Countertops

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom
  • Bathtub with Shower

Utilities

  • Forced Air Heating System

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,035

Year Built

1951

Lot Details

0

Parking

1

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Age: 69
  • Listing Class: Residential
  • Structure Sq Ft: 925
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1951

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room
  • Dining Room: Eat In Kitchen, Skylight
  • Kitchen: Countertop - Quartz, Oven Range - Gas
  • Fireplace: Yes
  • Living Sq Ft: 925
  • Stories: 1
  • Bedrooms: Ground Floor Bedroom
  • Flooring: Hardwood, Vinyl / Linoleum
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Full On Ground Floor, Shower And Tub

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Foam
  • Yard/Grounds: Back Yard, Fenced

Garage/Parking

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

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Open Beam Ceiling, Skylight

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 Acres: 0.1460
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6360.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6360.00

Green Features

  • Energy Features: Skylight

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2020
Closed on
Jun 11, 2020
Sold by
Duffy Mary E and The Michael E Jr And Irene H D
Bought by
Zhao Qian and Chen Peng
Seller's Agent
Alex Wang
Rainmaker Real Estate
Buyer's Agent
Jack Lin
Top One Investment Inc
List Price
$2,498,000
Sold Price
$2,375,000
Premium/Discount to List
-$123,000
-4.92%
Current Estimated Value
$3,112,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$737,052
Avg. Annual Appreciation
5.31%
Original Mortgage
$1,639,555
Outstanding Balance
$1,425,990
Interest Rate
2.12%
Mortgage Type
New Conventional
Estimated Equity
$1,686,062
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
Zhao Qian $2,375,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhao Qian $1,639,555
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2020 06/15/20 Sold $2,375,000 -4.9% $2,568 / Sq Ft
05/21/2020 05/21/20 Pending -- -- --
04/28/2020 04/28/20 For Sale $2,498,000 -- $2,701 / 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 $30,035 $2,597,406 $2,515,385 $82,021
2024 $30,035 $2,546,477 $2,466,064 $80,413
2023 $29,598 $2,496,547 $2,417,710 $78,837
2022 $30,116 $2,447,596 $2,370,304 $77,292
2021 $28,687 $2,399,605 $2,323,828 $75,777
2020 $1,054 $79,374 $34,620 $44,754
2019 $961 $77,819 $33,942 $43,877
2018 $948 $76,294 $33,277 $43,017
2017 $930 $74,799 $32,625 $42,174
2016 $892 $73,334 $31,986 $41,348
2015 $882 $72,233 $31,506 $40,727
2014 $870 $70,819 $30,889 $39,930
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81790506

MLSListings

APN: 132-11-043