NOT LISTED FOR SALE

3530 Arbutus Ave Palo Alto, CA 94303

Palo Verde Neighborhood

Estimated Value: $3,425,000 - $4,031,000

4 Beds
2 Baths
2,221 Sq Ft
$1,634/Sq Ft Est. Value

Last Sold June 27, 2023

Last sale price $3,200,000 $1,441 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $22,615/month

4 Days on Market

Highlights

  • Skyline View
  • Eichler Home
  • Formal Dining Room
  • Palo Verde Elementary School Rated A+
  • Radiant Floor
  • 5-minute walk to Ramos Park

About This Home

As of June 2023

Open Sat May 27 and Sun May 28 from 1:30 to 4:00 pm. This four bedroom, two bathroom home includes a large family room and is located on a large lot in quiet, neighbor-friendly Midtown Palo Alto. The home includes living space of 2221 ft.² (buyer to verify). Walls of windows look out to the backyard and bring the "outside" "in". The large backyard is great for enjoying the outdoors and entertaining. A spacious open floor plan, with open beam ceilings and an abundance of natural light. A unique "tea tree" greets you at the entry. This home allows you an opportunity to add your own personal touches. Close to parks, YMCA, schools, Community center, tech companies. Top rated Palo alto schools.

Last Agent to Sell the Property

Jane Volpe

Midtown Realty License #01330133 Listed on: 05/25/2023

Last Buyer's Agent

Jackie Schoelerman

Coldwell Banker Realty License #01092400

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,348

Year Built

  • Built in 1957

Lot Details

  • 8,529 Sq Ft Lot
  • Wood Fence
  • Back Yard Fenced
  • Zoning described as R1B8

Parking

  • 2 Car Attached Garage

Home Design

  • Eichler Home
  • Slab Foundation
  • Foam Roof

Interior Spaces

  • 2,221 Sq Ft Home
  • 1-Story Property
  • Skylights in Kitchen
  • Separate Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Skyline Views

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Tile Countertops

Flooring

  • Radiant Floor
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Washer and Dryer
  • Laundry Tub

Listing and Financial Details

  • Assessor Parcel Number 127-45-022

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,348

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Eichler
  • Age: 66
  • Listing Class: Residential
  • Structure Sq Ft: 2221
  • Year Built: 1957
  • Zoning Description: R1B8
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room
  • Dining Room: Formal Dining Room
  • Kitchen: Cooktop - Electric, Countertop - Tile, Dishwasher, Hood Over Range, Microwave, Oven - Electric, Pantry, Refrigerator, Skylight
  • Living Sq Ft: 2221
  • Stories: 1
  • Bedrooms: More than One Bedroom on Ground Floor, Primary Bedroom on Ground Floor, Walk-in Closet
  • Laundry: Electricity Hookup (220V), Inside, Tub / Sink, Washer / Dryer
  • Flooring: Laminate
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Primary - Stall Shower(s), Shower over Tub - 1, Skylight, Tile
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Foam
  • Fencing: Fenced Back, Wood

Garage/Parking

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

Utilities

  • Heating System: Radiant Floors
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Skylight

Schools

  • School District: Palo Alto Unified
  • Middle School: Jane Lathrop Stanford Middle
  • High School: Henry M. Gunn High
  • High School: 325
  • Middle School: 322

Lot Info

  • Parcel Number: 127-45-022
  • Lot Acres: 0.1958
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8527.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8527.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified
  • 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
May 25, 2023
Closed on
Jun 1, 2023
Sold by
Cuevas Family Trust
Bought by
Emadzadeh Ehsan and Nikfarjam Azadeh
Seller's Agent
Jane Volpe
Midtown Realty
Buyer's Agent
Jackie Schoelerman
Coldwell Banker Realty
List Price
$3,199,000
Sold Price
$3,200,000
Premium/Discount to List
$1,000
0.03%
Views
21
Current Estimated Value
$3,629,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$429,260
Avg. Annual Appreciation
5.81%
Original Mortgage
$2,560,000
Outstanding Balance
$2,493,777
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$1,135,483

Purchase Details

Closed on
May 10, 2000
Sold by
Cuevas Marie F and Cuevas Anthony R
Bought by
Cuevas Anthony R and Cuevas Maria F
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
Emadzadeh Ehsan $3,200,000 Old Republic Title
Cuevas Anthony R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Emadzadeh Ehsan $2,560,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2023 06/27/23 Sold $3,200,000 0.0% $1,441 / Sq Ft
05/30/2023 05/30/23 Pending -- -- --
05/25/2023 05/25/23 For Sale $3,199,000 -- $1,440 / 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 $39,348 $3,447,280 $3,069,180 $378,100
2024 $39,348 $3,264,000 $3,009,000 $255,000
2023 $3,524 $220,897 $78,141 $142,756
2022 $3,473 $216,566 $76,609 $139,957
2021 $3,402 $212,320 $75,107 $137,213
2020 $3,347 $210,144 $74,337 $135,807
2019 $3,304 $206,025 $72,880 $133,145
2018 $3,231 $201,986 $71,451 $130,535
2017 $3,172 $198,026 $70,050 $127,976
2016 $3,082 $194,144 $68,677 $125,467
2015 $3,043 $191,229 $67,646 $123,583
2014 $2,888 $187,484 $66,321 $121,163
Source: Public Records

Agents Affiliated with this Home

  • Jane Volpe

    Seller's Agent in 2023

    Jane Volpe

    Midtown Realty

    (650) 380-4507

    4 in this area

    21 Total Sales

    Jane Volpe
    Section Image
  • Jackie Schoelerman

    Buyer's Agent in 2023

    Jackie Schoelerman

    Coldwell Banker Realty

    (650) 855-9700

    2 in this area

    38 Total Sales

    Jackie Schoelerman
    Section Image
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Map

Source: MLSListings

MLS Number: ML81929506

MLSListings

APN: 127-45-022

California Santa Clara County Palo Alto 94303 Palo Verde

3530 Arbutus Ave, Palo Alto, CA

This home is located at 3530 Arbutus Ave, Palo Alto, CA 94303 since 25 May 2023 and is currently estimated at $3,629,260, approximately $1,634 per square foot. This property was built in 1957. 3530 Arbutus Ave 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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