NOT LISTED FOR SALE

Estimated Value: $4,456,304 - $5,186,000

5 Beds
3.5 Baths
2,400 Sq Ft
$1,976/Sq Ft Est. Value

Last Sold April 12, 2013

Last sale price $2,700,000 $1,125 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $29,119/month

6 Days on Market

Highlights

  • Primary Bedroom Suite
  • Living Room with Fireplace
  • Wood Flooring
  • Fairmeadow Elementary School Rated A+
  • Vaulted Ceiling
  • Main Floor Bedroom

About This Home

As of April 2013

Brand new Mediterranean, crafted with highest quality, style & features. Beautiful living space plus 450 SF of sheltered rear portico. Rich in architectural detail & functional design, high-ceilinged foyer, superbly equipped kitchen, house wide media wiring, wide plank hardwood floors, 2 zone heat/AC. Main floor en-suite bedroom. Close to shops, library, parks and award winning Palo Alto schools.

Last Agent to Sell the Property

Lan Bowling

Deleon Realty License #01248958 Listed on: 02/20/2013

Deleon Realty

Last Buyer's Agent

John Chung

Deleon Realty License #01720510

Deleon Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,297

Year Built

  • Built in 2013

Lot Details

  • Fenced
  • Level Lot
  • Sprinklers on Timer
  • Zoning described as R1

Parking

  • 1 Car Garage

Home Design

  • Spanish Architecture
  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,400 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Skylights
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Bay Window
  • Garden Windows
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Library
  • Intercom
  • Gas Dryer Hookup

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Built-In Self-Cleaning Oven
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 132-22-029

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,297

Year Built

Built in 2013

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Spanish
  • Sale Price Per Sq Ft: 1125.00
  • Level Street Main: 2 or more Primary Suites, Bedroom(s)
  • Listing Class: Residential
  • Structure Sq Ft: 2400
  • Barclay Horizontal: 12
  • Barclays Page: 20
  • Incorporated: Yes
  • Map Book Page: 811
  • Map Book Page Secondary: 20
  • Map Side Coordinate: 1
  • Map Side Coordinate Secondary: 80
  • Map Top Coordinate: D
  • Map Top Coordinate Secondary: 12
  • Thomas Bros Page: 811
  • Thomas Brothers: D1
  • Year Built: 2013
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Living Room, Gas Starter, Yes
  • Dining Room: Formal Dining Room, Breakfast Bar
  • Kitchen: Dishwasher, Cooktop, Refrigerator, Microwave, Oven - Self Cleaning, Oven Range - Built-In, 220 Volt Outlet, Hookups - Gas
  • Living Sq Ft: 2400
  • Stories: 2
  • Security: Security Alarm - Owned
  • Bedrooms: Primary Suite / Retreate - 2+, Ground Floor Bedroom
  • Laundry: In Laundry Room, Gas Hookup, 220 Volt Outlet
  • Flooring: Tile, Hardwood
  • Additional Rooms: Den / Study / Office, Library
  • Maximum Bathrooms: 4
  • Maximum Numberof Bedrooms: 5
  • Minimum Bathrooms: 4
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Pool Description: Pool - No
  • Roof: Tile
  • View: Local/Neighborhood
  • Yard/Grounds: Patio(s), Sprinkler(s) - Front, Sprinkler(s) - Rear, Sprinklers - Auto, Fenced
  • Exterior: Stucco

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Central AC
  • Heating System: Forced Air
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Double Pane Windows(s), Garden Window, Vaulted Ceiling, Bay Window

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: 132-22-029
  • List Price per Sq Ft: 1082.50
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6250.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 6250.00
  • Lot Size Area Min Search: 6250.00
  • Maximum Lot Size: 6250.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Green Features

  • Energy Features: Double Pane Windows, Skylight

Multi Family

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

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
Feb 20, 2013
Closed on
Apr 9, 2013
Sold by
Lau King Wai Thomas and Shen Huichun
Bought by
Zhou Kevin
Seller's Agent
Lan Bowling
Deleon Realty
Buyer's Agent
John Chung
Deleon Realty
List Price
$2,598,000
Sold Price
$2,700,000
Premium/Discount to List
$102,000
3.93%
Current Estimated Value
$4,743,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,043,076
Avg. Annual Appreciation
5.02%
Original Mortgage
$1,890,000
Outstanding Balance
$1,278,750
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$3,674,580

Purchase Details

Closed on
Apr 19, 2010
Sold by
Qian Weimin and Yang Pengyue
Bought by
Lau King Wai Thomas and Shen Huichun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,750
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2008
Sold by
Thurston Judson and Thurston Linda
Bought by
Qian Weimin and Yang Pengyue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,750
Interest Rate
6.07%
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
Zhou Kevin $2,699,750 Chicago Title Company
Lau King Wai Thomas -- Chicago Title Company
Qian Weimin -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhou Kevin $1,890,000
Previous Owner Lau King Wai Thomas $715,000
Previous Owner Lau King Wai Thomas $729,750
Previous Owner Yang Pengyue $725,000
Previous Owner Qian Weimin $729,750
Previous Owner Thurston Judson $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2013 04/12/13 Sold $2,700,000 +3.9% $1,125 / Sq Ft
03/13/2013 03/13/13 Pending -- -- --
03/07/2013 03/07/13 For Sale $2,598,000 -- $1,083 / 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 $39,297 $3,324,847 $1,847,139 $1,477,708
2024 $39,297 $3,259,655 $1,810,921 $1,448,734
2023 $38,721 $3,195,741 $1,775,413 $1,420,328
2022 $38,276 $3,133,080 $1,740,601 $1,392,479
2021 $37,523 $3,071,648 $1,706,472 $1,365,176
2020 $36,743 $3,040,153 $1,688,975 $1,351,178
2019 $36,340 $2,980,543 $1,655,858 $1,324,685
2018 $35,336 $2,922,102 $1,623,391 $1,298,711
2017 $34,717 $2,864,807 $1,591,560 $1,273,247
2016 $33,729 $2,808,635 $1,560,353 $1,248,282
2015 $33,402 $2,766,448 $1,536,916 $1,229,532
2014 $32,757 $2,712,258 $1,506,810 $1,205,448
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81307011

MLSListings

APN: 132-22-029