$3,210,000
SOLD AUG 6, 2024
3 Beds
1 Bath
1,137 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$2,823 Per Sq Ft

1% Below List Price

48 Days on Market

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • Breakfast Area or Nook
  • Fairmeadow Elementary School Rated A+
  • Neighborhood Views
  • Balcony

About This Home

As of April 2025

Updated single-level contemporary on a large lot of 7000 sf - this bright Stern & Price home has an open floor plan with professional landscaping and various fruit trees. A large backyard patio and surrounding trees provide outdoor privacy. The property also comes with complete plans for a 2-story, 2,849 sf house of 5 bedrooms (including den) and 4.5 baths - all pre-approved by the city with Palo Alto Building Permit plus all structural and mechanical drawings. Plans also include a 560 sf ADU for addition at the rear of the present house to expand it to 3,409 sf (not part of the current permit). A great Midtown location within walking distance to schools, parks, the modern Main Library, shops and restaurants. Easy commute to Stanford University and Silicon Valley tech companies, excellent Palo Alto schools.

Last Agent to Sell the Property

Lan Bowling

Keller Williams Palo Alto License #01248958 Listed on: 05/17/2024

Keller Williams Palo Alto

Last Buyer's Agent

Ashish Agrawal

ARAA REALTY License #02040560

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,681

Year Built

  • Built in 1950

Lot Details

  • Fenced
  • Sprinklers on Timer
  • Back Yard
  • Zoning described as R1

Parking

  • 2 Car Garage
  • Garage Door Opener
  • On-Street Parking

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Tar and Gravel Roof

Interior Spaces

  • 1,137 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Neighborhood Views

Kitchen

  • Breakfast Area or Nook
  • Electric Oven
  • <<microwave>>

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • <<tubWithShowerToken>>
  • Bathtub Includes Tile Surround

Laundry

  • Laundry in Garage
  • Washer and Dryer

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Gas Meter
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 132-22-099

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,681

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Contemporary
  • Age: 74
  • Listing Class: Residential
  • Structure Sq Ft: 1137
  • Year Built: 1950
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room, Wood Burning
  • Dining Room: Breakfast Nook, No Formal Dining Room
  • Kitchen: Microwave, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 1137
  • Stories: 1
  • Bedrooms: Ground Floor Bedroom
  • Laundry: In Garage, Washer / Dryer
  • Flooring: Hardwood, Tile
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Shower and Tub, Tile
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tar and Gravel
  • View: Neighborhood
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced, Sprinklers - Auto
  • Fencing: Fenced

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Gate / Door Opener, On Street

Utilities

  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public, Sewer in Street

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: Regular
  • Parcel Number: 132-22-099
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7000.00

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, 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
Feb 26, 2025
Closed on
Mar 25, 2025
Sold by
Agrawal Ventures Llc
Bought by
Guo And Wang Family Trust and Guo
Seller's Agent
Ashish Agrawal
ARAA REALTY
Buyer's Agent
Wen Guo RE Group
KW Advisors
List Price
$5,450,000
Sold Price
$5,100,000
Premium/Discount to List
-$350,000
-6.42%
Views
81
Current Estimated Value
$4,838,607

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$261,393
Avg. Annual Appreciation
-20.47%
Original Mortgage
$2,999,990
Outstanding Balance
$2,996,706
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$1,841,623

Purchase Details

Listed on
May 17, 2024
Closed on
Jul 5, 2024
Sold by
Kome Llc
Bought by
Agrawal Ventures Llc
Seller's Agent
Lan Bowling
Keller Williams Palo Alto
Buyer's Agent
Ashish Agrawal
ARAA REALTY
List Price
$3,250,000
Sold Price
$3,210,000
Premium/Discount to List
-$40,000
-1.23%
Views
40

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
93.75%
Original Mortgage
$2,998,550
Interest Rate
6.87%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 14, 2020
Sold by
Ferrero William Francis
Bought by
Adams

Purchase Details

Closed on
Oct 7, 2020
Sold by
Adams Jerald M and The Survivors Trust Of The Fer
Bought by
Kome Llc

Purchase Details

Closed on
May 18, 2004
Sold by
Ferrero William F
Bought by
Ferrero William F
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $5,100,000 Chicago Title
Grant Deed $3,210,000 Chicago Title Company
Deed -- --
Warranty Deed $2,300,000 First American Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,999,990 New Conventional
Previous Owner $400,000 Construction
Previous Owner $3,300,000 Construction
Previous Owner $2,998,550 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2025 04/18/25 Sold $5,100,000 +3.6% $1,925 / Sq Ft
03/19/2025 03/19/25 Pending -- -- --
03/14/2025 03/14/25 Price Changed $4,925,000 -9.6% $1,858 / Sq Ft
02/26/2025 02/26/25 For Sale $5,450,000 +69.8% $2,057 / Sq Ft
08/06/2024 08/06/24 Sold $3,210,000 -1.2% $2,823 / Sq Ft
07/04/2024 07/04/24 Pending -- -- --
05/17/2024 05/17/24 For Sale $3,250,000 -- $2,858 / 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
2024 $29,681 $2,440,778 $2,430,166 $10,612
2023 $29,681 $2,392,920 $2,382,516 $10,404
2022 $28,906 $2,346,000 $2,335,800 $10,200
2021 $28,337 $2,300,000 $2,290,000 $10,000
2020 $1,855 $83,385 $37,571 $45,814
2019 $1,828 $81,751 $36,835 $44,916
2018 $1,797 $80,149 $36,113 $44,036
2017 $1,762 $78,578 $35,405 $43,173
2016 $1,709 $77,038 $34,711 $42,327
2015 $1,683 $75,882 $34,190 $41,692
2014 $1,550 $74,397 $33,521 $40,876
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81965282

MLSListings

APN: 132-22-099