NOT LISTED FOR SALE

3493 Greer Rd Palo Alto, CA 94303

Palo Verde Neighborhood

Estimated Value: $4,669,000 - $5,460,000

5 Beds
3.5 Baths
3,804 Sq Ft
$1,325/Sq Ft Est. Value

Last Sold August 03, 2012

Last sale price $1,910,000 $502 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $29,190/month

15 Days on Market

Highlights

  • Primary Bedroom Suite
  • Eichler Home
  • Wood Flooring
  • Palo Verde Elementary School Rated A+
  • Recreation Room
  • Main Floor Bedroom

About This Home

As of August 2012

Beautiful, Mid-Century Modern home with expansive living spaces * Rare 2-Story Eichler * Cannot build to this volume anymore, it's a must see! * Remodeled kitchen * Sophisticated,hardwood floors on upper level * Office * Recreational room * Library/Den * Indoor/Outdoor living * Outdoor decks and balconies. Space, space, space galore * Best value $/sf in Palo Alto!

Last Agent to Sell the Property

Steve Pierce

Zane MacGregor License #00871571 Listed on: 07/11/2012

Last Buyer's Agent

Steve Pierce

Zane MacGregor License #00871571 Listed on: 07/11/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,015

Year Built

  • Built in 1957

Lot Details

  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Zoning described as R1B7

Parking

  • 2 Car Garage

Home Design

  • Eichler Home
  • Slab Foundation

Interior Spaces

  • 3,804 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Family Room with Fireplace
  • Formal Dining Room
  • Den
  • Library
  • Recreation Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Bathtub with Shower
  • Walk-in Shower

Utilities

  • Forced Air Heating System
  • Wall Furnace
  • Baseboard Heating
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 127-09-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,015

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Eichler
  • Age: 55
  • Sale Price Per Sq Ft: 502.10
  • Level Street Main: 2 or more Primary Suites, Bedroom(s)
  • Listing Class: Residential
  • Structure Sq Ft: 3804
  • Barclay Horizontal: 13
  • Barclays Page: 13
  • Incorporated: Yes
  • Map Book Page: 791
  • Map Book Page Secondary: 13
  • Map Side Coordinate: 6
  • Map Side Coordinate Secondary: 82
  • Map Top Coordinate: E
  • Map Top Coordinate Secondary: 13
  • Thomas Bros Page: 791
  • Thomas Brothers: E6
  • Year Built: 1957
  • Zoning Description: R1B7
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Family Room, Gas Starter, Yes
  • Dining Room: Formal Dining Room, Eat in Kitchen
  • Kitchen: Dishwasher, Cooktop, Refrigerator, Oven - Built-In
  • Living Sq Ft: 3804
  • Stories: 2
  • Bedrooms: Primary Suite / Retreate - 2+, Ground Floor Bedroom
  • Flooring: Tile, Hardwood
  • Additional Rooms: Den / Study / Office, Library, Rec/Rumpus Room
  • Maximum Bathrooms: 4
  • Maximum Numberof Bedrooms: 5
  • Minimum Bathrooms: 4
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Bathroom: Showers over Tubs - 2+, Tubs - 2+, Stall Shower

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Pool - No
  • Yard/Grounds: Sprinkler(s) - Front, Sprinkler(s) - Rear, Sprinklers - Auto

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2

Utilities

  • Heating System: Baseboard, Wall Furnace, Forced Air
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: High Ceiling

Schools

  • School District: Palo Alto Unified

Lot Info

  • Parcel Number: 127-09-002
  • List Price per Sq Ft: 525.24
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6969.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 6969.00
  • Lot Size Area Min Search: 6969.00
  • Maximum Lot Size: 6969.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Green Features

  • Energy Features: Ceiling Fan(s)

Multi Family

  • Maximum Building Height: 2
  • Minimum Building Height: 2

MLS Schools

  • High School District Text: Palo Alto Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2012
Closed on
Jul 30, 2012
Sold by
Cornett Glenn V B and Cornett Johnna L B
Bought by
Huang Clement Xiaomian
Seller's Agent
Steve Pierce
Zane MacGregor
Buyer's Agent
Steve Pierce
Zane MacGregor
List Price
$1,998,000
Sold Price
$1,910,000
Premium/Discount to List
-$88,000
-4.4%
Current Estimated Value
$5,040,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,130,571
Avg. Annual Appreciation
7.75%

Purchase Details

Closed on
Jun 22, 2010
Sold by
Eakins Gilbert R H and Eakins Sandra B
Bought by
Cornett Glenn V B and Cornett Johnna L B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.82%
Mortgage Type
Purchase Money Mortgage
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
Huang Clement Xiaomian $1,909,750 Chicago Title Company
Cornett Glenn V B -- Chicago Title Company
Cornett Glenn V B -- Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cornett Glenn V B $500,000
Previous Owner Eakins Gilbert R H $500,000
Previous Owner Eakins Gilbert R H $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2012 08/03/12 Sold $1,910,000 -4.4% $502 / Sq Ft
07/26/2012 07/26/12 Pending -- -- --
07/11/2012 07/11/12 For Sale $1,998,000 -- $525 / 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 $28,015 $2,352,018 $1,646,414 $705,604
2024 $28,015 $2,305,901 $1,614,132 $691,769
2023 $27,601 $2,260,688 $1,582,483 $678,205
2022 $27,280 $2,216,361 $1,551,454 $664,907
2021 $26,741 $2,172,904 $1,521,034 $651,870
2020 $26,190 $2,150,624 $1,505,438 $645,186
2019 $25,899 $2,108,456 $1,475,920 $632,536
2018 $25,189 $2,067,115 $1,446,981 $620,134
2017 $24,746 $2,026,584 $1,418,609 $607,975
2016 $24,096 $1,986,848 $1,390,794 $596,054
2015 $23,859 $1,957,004 $1,369,903 $587,101
2014 $23,368 $1,918,670 $1,343,069 $575,601
Source: Public Records

Agents Affiliated with this Home

  • Steve Pierce

    Seller's Agent in 2012

    Steve Pierce

    Zane MacGregor

    (650) 324-9900

    27 Total Sales

    Steve Pierce
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Map

Source: MLSListings

MLS Number: ML81225914

MLSListings

APN: 127-09-002

California Santa Clara County Palo Alto 94303 Palo Verde

3493 Greer Rd, Palo Alto, CA

This home is located at 3493 Greer Rd, Palo Alto, CA 94303 since 11 July 2012 and is currently estimated at $5,040,571, approximately $1,325 per square foot. This property was built in 1957. 3493 Greer Rd 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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