NOT LISTED FOR SALE

3540 Ramona St Palo Alto, CA 94306

South of Midtown Neighborhood

Estimated Value: $3,147,314 - $3,789,000

3 Beds
2 Baths
1,622 Sq Ft
$2,114/Sq Ft Est. Value

Last Sold March 20, 2014

Last sale price $2,180,000 $1,344 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $21,286/month

9 Days on Market

Highlights

  • Primary Bedroom Suite
  • Contemporary Architecture
  • High Ceiling
  • Fairmeadow Elementary School Rated A+
  • Family Room with Fireplace
  • Den

About This Home

As of March 2014

Stunning contemporary style home in desirable Midtown close to shopping, parks, schools, Mitchell Park Community Center and library. Open floor plan with high ceilings, skylights, wood floors, recessed lighting, office, mudroom, double pane windows and lovely landscaped yard. Cozy family room/kitchen w/maple cabinetry & gas fireplace, spacious master suite w/ his & her closets and updated bath

Last Agent to Sell the Property

Denise Simons

Compass License #01376733 Listed on: 02/12/2014

Compass

Last Buyer's Agent

Judy Shen

Coldwell Banker Realty License #01272874

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,703

Year Built

  • Built in 1950

Lot Details

  • Fenced
  • Sprinklers on Timer
  • Zoning described as R1

Parking

  • 1 Car Garage

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Tar and Gravel Roof

Interior Spaces

  • 1,622 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Skylights
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Bay Window
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Den
  • Vinyl Flooring
  • Laundry in Garage

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Tankless Water Heater
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 132-28-014

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,703

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Contemporary
  • Age: 64
  • Sale Price Per Sq Ft: 1344.02
  • Listing Class: Residential
  • Structure Sq Ft: 1622
  • Incorporated: Yes
  • Map Book Page: 811
  • Map Side Coordinate: 1
  • Map Top Coordinate: D
  • Thomas Bros Page: 811
  • Thomas Brothers: D1
  • Year Built: 1950
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Family Room, Gas Starter, Yes
  • Dining Room: Dining Area in Living Room, Breakfast Bar
  • Kitchen: Dishwasher, Garbage Disposal, Oven Range, Microwave, Hookups - Gas
  • Living Sq Ft: 1622
  • Stories: 1
  • Bedrooms: Primary Suite / Retreat
  • Laundry: In Garage
  • Flooring: Hardwood - Partial, Carpet - Wall to Wall, Vinyl / Linoleum
  • Additional Rooms: Den / Study / Office
  • Maximum Bathrooms: 2
  • Maximum Numberof Bedrooms: 3
  • Minimum Bathrooms: 2
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Pool - No
  • Roof: Tar and Gravel
  • Yard/Grounds: Patio(s), Sprinkler(s) - Front, Sprinkler(s) - Rear, Sprinklers - Auto, Fenced
  • Exterior: Wood

Garage/Parking

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

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Double Pane Windows(s), High 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

  • Parcel Number: 132-28-014
  • List Price per Sq Ft: 1106.66
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6375.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 6375.00
  • Lot Size Area Min Search: 6375.00
  • Maximum Lot Size: 6375.00
  • Map Book: Thomas Bros

Green Features

  • Energy Features: Double Pane Windows, Skylight, Tankless Water Heater, Ceiling Fan(s)

Multi Family

  • Maximum Building Height: 1
  • Minimum Building Height: 1

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 12, 2014
Closed on
Mar 11, 2014
Sold by
Mcclelland Paul W and Mcclelland Deborah L
Bought by
Park Cheol Ho and Lim Hee Jeong
Seller's Agent
Denise Simons
Compass
Buyer's Agent
Judy Shen
Coldwell Banker Realty
List Price
$1,795,000
Sold Price
$2,180,000
Premium/Discount to List
$385,000
21.45%
Current Estimated Value
$3,428,329

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,248,329
Avg. Annual Appreciation
4.04%
Original Mortgage
$1,030,000
Interest Rate
4.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2012
Sold by
Mcclelland Paul W and Mcclelland Deborah L
Bought by
Mcclelland Paul W and Mcclelland Deborah L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2011
Sold by
Mcclelland Paul W
Bought by
Mcclelland Paul W and Mcclelland Deborah L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$494,115
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 2011
Sold by
Mcclelland Debbie L
Bought by
Mcclelland Paul W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$494,115
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 2011
Sold by
Mcclelland Paul W and Mcclelland Debbie L
Bought by
Mcclelland Paul W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 22, 2010
Sold by
Mcclelland Debbie L
Bought by
Mcclelland Paul W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
4.33%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 30, 2010
Sold by
Mcclelland Paul W and Mcclelland Deborah L
Bought by
Mcclelland Paul W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$539,000
Interest Rate
4.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2010
Sold by
Mcclelland Paul W
Bought by
Mcclelland Paul W and Mcclelland Deborah L

Purchase Details

Closed on
Oct 29, 2009
Sold by
Mcclelland Paul W and Mcclelland Deborah L
Bought by
Mcclelland Paul W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,500
Interest Rate
5.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 2009
Sold by
Mcclelland Paul W and Mcclelland Deborah L
Bought by
Mcclelland Paul W and Mcclelland Deborah L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$573,000
Interest Rate
5.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 17, 2007
Sold by
Mcclelland Paul W and Mcclelland Deborah L
Bought by
Mcclelland Paul W and Mcclelland Deborah L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
6.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2003
Sold by
Mcclelland Paul W and Mcclelland Deborah L
Bought by
Mcclelland Paul W and Mcclelland Deborah L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$486,350
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 25, 2003
Sold by
Mcclelland Paul W and Mcclelland Deborah L
Bought by
Mcclelland Paul W and Mcclelland Deborah L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
5.53%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 1, 2002
Sold by
Mcclelland Paul W and Mcclelland Deborah L
Bought by
Mcclelland Paul W and Mcclelland Deborah L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
6.52%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 17, 2002
Sold by
Mcclelland Paul W and Mcclelland Deborah L
Bought by
Mcclelland Paul W and Mcclelland Deborah L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
6.52%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 19, 2001
Sold by
Mcclelland Paul B and Mcclelland Deborah L
Bought by
Mcclelland Paul W and Mcclelland Deborah L

Purchase Details

Closed on
Feb 26, 1998
Sold by
Davis Laurie J
Bought by
Mcclelland Paul W and Mcclelland Deborah L
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Park Cheol Ho $2,179,750 Chicago Title Company
Mcclelland Paul W -- Accommodation
Mcclelland Paul W -- Lsi
Mcclelland Paul W -- None Available
Mcclelland Paul W -- None Available
Mcclelland Paul W -- Lsi
Mcclelland Paul W -- Servicelink
Mcclelland Paul W -- Lsi
Mcclelland Paul W -- Chicago Title Company
Mcclelland Paul W -- None Available
Mcclelland Paul W -- Netco Title Company
Mcclelland Paul W -- Chicago Title Company
Mcclelland Paul W -- Alliance Title Company
Mcclelland Paul W -- First American Title Co
Mcclelland Paul W -- Chicago Title
Mcclelland Paul W -- Chicago Title
Mcclelland Paul W -- --
Mcclelland Paul W -- First American Title Guarant
Mcclelland Paul W -- --
Mcclelland Paul W $517,500 First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Park Cheol Ho $1,100,000
Closed Park Cheol Ho $955,000
Closed Park Cheol Ho $974,000
Closed Park Cheol Ho $1,030,000
Previous Owner Mccelland Paul W $550,000
Previous Owner Mcclelland Paul W $464,000
Previous Owner Mcclelland Paul W $200,000
Previous Owner Mcclelland Paul W $494,115
Previous Owner Mcclelland Paul W $500,000
Previous Owner Mcclelland Paul W $75,000
Previous Owner Mcclelland Paul W $528,700
Previous Owner Mcclelland Paul W $539,000
Previous Owner Mcclelland Paul W $550,500
Previous Owner Mcclelland Paul W $573,000
Previous Owner Mcclelland Paul W $100,000
Previous Owner Mcclelland Paul W $625,000
Previous Owner Mcclelland Paul W $486,350
Previous Owner Mcclelland Paul W $116,000
Previous Owner Mcclelland Paul W $486,500
Previous Owner Mcclelland Paul W $42,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2014 03/20/14 Sold $2,180,000 +21.4% $1,344 / Sq Ft
02/21/2014 02/21/14 Pending -- -- --
02/12/2014 02/12/14 For Sale $1,795,000 -- $1,107 / 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 $31,703 $2,672,370 $2,329,135 $343,235
2024 $31,703 $2,619,971 $2,283,466 $336,505
2023 $31,703 $2,568,600 $2,238,693 $329,907
2022 $30,873 $2,518,237 $2,194,798 $323,439
2021 $30,264 $2,468,861 $2,151,763 $317,098
2020 $29,638 $2,443,547 $2,129,700 $313,847
2019 $29,310 $2,395,636 $2,087,942 $307,694
2018 $28,503 $2,348,663 $2,047,002 $301,661
2017 $28,002 $2,302,612 $2,006,865 $295,747
2016 $27,268 $2,257,464 $1,967,515 $289,949
2015 $27,002 $2,223,556 $1,937,962 $285,594
2014 $9,227 $716,366 $547,075 $169,291
Source: Public Records

Agents Affiliated with this Home

  • Denise Simons

    Seller's Agent in 2014

    Denise Simons

    Compass

    (650) 269-0210

    1 in this area

    39 Total Sales

    Denise Simons
    Section Image
  • Judy Shen

    Buyer's Agent in 2014

    Judy Shen

    Coldwell Banker Realty

    (650) 380-2000

    1 in this area

    29 Total Sales

    Judy Shen
    Section Image
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Map

Source: MLSListings

MLS Number: ML81404363

MLSListings

APN: 132-28-014

California Santa Clara County Palo Alto 94306 South of Midtown

3540 Ramona St, Palo Alto, CA

This home is located at 3540 Ramona St, Palo Alto, CA 94306 since 12 February 2014 and is currently estimated at $3,428,329, approximately $2,113 per square foot. This property was built in 1950. 3540 Ramona St is a home located in Santa Clara County with nearby schools including Fairmeadow Elementary School, Jane Lathrop Stanford Middle School, and Henry M. Gunn High School.

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