$2,480,000
SOLD APR 17, 2018
3 Beds
1 Bath
1,027 Sq Ft
7,218 Sq Ft Lot

Recently Sold

$2,415 Per Sq Ft

49 Days on Market

Highlights

  • Above Ground Pool
  • Eichler Home
  • Beamed Ceilings
  • Fairmeadow Elementary School Rated A+
  • Neighborhood Views
  • 2 Car Detached Garage

About This Home

As of February 2022

A great opportunity for wonderful Palo Alto living!! Charming house in a quiet cul-de-sac midtown neighborhood, Excellent Palo Alto Schools: Fairmeadow Elementary, Jane Lathrop Stanford Middle schools, Gunn High School. 2 miles to CalTrain Station. Minutes to Stanford University, Google Mountain View HQ, and other major companies. Property to be sale in AS-IS .

Last Agent to Sell the Property

Jennifer Chen

Jc Investments, Inc. License #00978544 Listed on: 01/17/2018

Last Buyer's Agent

Irene Suh

Elim Investment Company License #01490635

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $42,864

Year Built

  • Built in 1950

Lot Details

  • 7,218 Sq Ft Lot
  • Fenced
  • Back Yard
  • Zoning described as R1

Parking

  • 2 Car Detached Garage

Home Design

  • Eichler Home
  • Flat Roof Shape
  • Slab Foundation
  • Wood Frame Construction

Interior Spaces

  • 1,027 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Wood Burning Fireplace
  • Combination Dining and Living Room
  • Neighborhood Views
  • Laundry Located Outside

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub

Additional Features

  • Above Ground Pool
  • Forced Air Heating System

Community Details

  • Courtyard

Listing and Financial Details

  • Assessor Parcel Number 132-28-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$42,864

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Eichler
  • Age: 68
  • Listing Class: Residential
  • Structure Sq Ft: 1027
  • Year Built: 1950
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining Area in Living Room
  • Kitchen: Dishwasher, Oven Range
  • Living Sq Ft: 1027
  • Stories: 1
  • Bedrooms: More than One Bedroom on Ground Floor
  • Laundry: Outside
  • Flooring: Laminate, Tile
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Pool - Above Ground
  • Roof: Flat / Low Pitch
  • View: Neighborhood
  • Yard/Grounds: Back Yard, Courtyard, Fenced
  • Fencing: Fenced
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Detached Garage

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Open Beam Ceiling

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

  • Parcel Number: 132-28-020
  • Lot Acres: 0.1657
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7220.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7220.00

Multi Family

  • Utilities: 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

Closed on
Dec 23, 2024
Sold by
Wu Zhongwei
Bought by
Chen Hui
Current Estimated Value
$3,484,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,917,583
Outstanding Balance
$1,912,631
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$1,572,004

Purchase Details

Closed on
Dec 20, 2024
Sold by
Real Homeownership Trust and Wilmington Savings Fund Society Fsb
Bought by
Chen Hui

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,917,583
Outstanding Balance
$1,912,631
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$1,572,004

Purchase Details

Listed on
Feb 9, 2022
Closed on
Feb 22, 2022
Sold by
Kyoung Bae and Kyoung Jin
Bought by
Wilmington Saving Fund Society Fsb
Seller's Agent
Sunny Kim
Compass
Buyer's Agent
Grace Pei
Compass
List Price
$1,980,000
Sold Price
$3,425,000
Premium/Discount to List
$1,445,000
72.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.51%

Purchase Details

Listed on
Jan 17, 2018
Closed on
Apr 6, 2018
Sold by
Leung Wai Hung and Li Jennifer
Bought by
Bae Hopil and Yoo Jin Kyong
Seller's Agent
Jennifer Chen
Jc Investments, Inc.
Buyer's Agent
Irene Suh
Elim Investment Company
List Price
$2,480,000
Sold Price
$2,480,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.72%
Original Mortgage
$1,952,256
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 8, 2006
Sold by
Leung Wai Hung and Li Jennifer Changyi
Bought by
Leung Wai Hung and Li Jennifer

Purchase Details

Closed on
Jul 23, 2001
Sold by
Sadeghi Girgis Ashrafolmolouk and Sadeghi Ashrafolmolouk
Bought by
Leung Wai Hung and Li Jennifer Changyi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$446,400
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 4, 1998
Sold by
Girgis Reda
Bought by
Sadeghi Ashrafolmolouk

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.35%
Mortgage Type
Purchase Money Mortgage
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 -- Fidelity National Title
Grant Deed $3,519,000 Fidelity National Title
Grant Deed $3,425,000 Old Republic Title
Grant Deed $2,440,500 Fidelity National Title Co
Interfamily Deed Transfer -- None Available
Grant Deed -- Chicago Title Co
Interfamily Deed Transfer -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,917,583 New Conventional
Previous Owner $1,866,200 New Conventional
Previous Owner $905,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,952,256 Adjustable Rate Mortgage/ARM
Previous Owner $1,000,000 Unknown
Previous Owner $443,000 Unknown
Previous Owner $445,000 Unknown
Previous Owner $446,400 Purchase Money Mortgage
Previous Owner $300,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2022 02/25/22 Sold $3,425,000 +73.0% $3,335 / Sq Ft
02/15/2022 02/15/22 Pending -- -- --
02/09/2022 02/09/22 For Sale $1,980,000 -20.2% $1,928 / Sq Ft
04/17/2018 04/17/18 Sold $2,480,000 0.0% $2,415 / Sq Ft
03/08/2018 03/08/18 Pending -- -- --
02/12/2018 02/12/18 For Sale $2,480,000 0.0% $2,415 / Sq Ft
02/12/2018 02/12/18 Price Changed $2,480,000 +6.5% $2,415 / Sq Ft
02/09/2018 02/09/18 Pending -- -- --
01/17/2018 01/17/18 For Sale $2,328,000 -- $2,267 / 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 $42,864 $3,563,370 $3,329,280 $234,090
2023 $42,235 $3,493,500 $3,264,000 $229,500
2022 $30,252 $2,466,061 $2,417,471 $48,590
2021 $29,655 $2,417,708 $2,370,070 $47,638
2020 $23,475 $2,538,908 $2,491,758 $47,150
2019 $30,421 $2,489,126 $2,442,900 $46,226
2018 $10,687 $828,335 $714,088 $114,247
2017 $10,499 $812,094 $700,087 $112,007
2016 $10,220 $796,171 $686,360 $109,811
2015 $10,116 $784,213 $676,051 $108,162
2014 $9,848 $768,853 $662,809 $106,044
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81689216

MLSListings

APN: 132-28-020