$3,425,000
SOLD FEB 25, 2022
3 Beds
1 Bath
1,027 Sq Ft
7,309 Sq Ft Lot

Recently Sold

$3,335 Per Sq Ft

73% Above List Price

5 Days on Market

Highlights

  • Wood Flooring
  • Bonus Room
  • Double Pane Windows
  • Fairmeadow Elementary School Rated A+
  • 2 Car Detached Garage
  • Bathtub with Shower

About This Home

As of February 2022

Open & bright, this updated Stern & Price (not Eichler) home features modern amenities including forced air system, brand new A/C unit, keyless entry, dual paned windows throughout. 3bed/1bath PLUS bonus living quarters offers a bedroom with an en-suite bath and inside laundry. Natural light cascades throughout; spacious living & dining room combination spanned by vaulted beamed ceiling and gorgeous wood floors. Celebrating indoor/outdoor lifestyle with private front courtyard as well as expansive backyard. Fresh paint inside and out in a perfect palette. Remodeled kitchen, with space for breakfast table, has white cabinetry topped with Calacatta marble-style quartz with grey subway-set tile backsplashes, stainless steel appliances. Both bathrooms remodeled tastefully with contemporary designer finishes. Located just blocks away from Mitchell Park, library, community center, restaurants, shops, cafe and so much more. Nationally acclaimed Palo Alto schools.

Last Agent to Sell the Property

Sunny Kim

Compass License #70010023 Listed on: 02/09/2022

Compass

Last Buyer's Agent

Grace Pei

Compass License #01970157

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $42,864

Year Built

  • 1950

Lot Details

  • 7,309 Sq Ft Lot
  • Back Yard Fenced

Parking

  • 2 Car Detached Garage

Home Design

  • Slab Foundation
  • Foam Roof

Interior Spaces

  • 1,027 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Bonus Room

Kitchen

  • Electric Oven
  • Dishwasher

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Washer and Dryer

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Courtyard

Home Details

Home Type

Single Family

Est. Annual Taxes

$42,864

Year Built

1950

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Age: 72
  • Listing Class: Residential
  • Structure Sq Ft: 1027
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1950

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room
  • Dining Room: Dining Area In Living Room
  • Kitchen: Dishwasher, Oven Range - Electric, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1027
  • Stories: 1
  • Laundry: Inside, Washer / Dryer
  • Flooring: Hardwood, Tile, Vinyl / Linoleum
  • Additional Rooms: Bonus / Hobby Room
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Shower Over Tub - 1, Stall Shower, Tile

Exterior Features

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

Garage/Parking

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

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Forced Air, Gas
  • Sewer/Septic System: Sewer - Public

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: 0.1678
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7309.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7309.00

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Utilities: Public Utilities

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: ML81877536

MLSListings

APN: 132-28-020