NOT LISTED FOR SALE

Estimated Value: $2,316,000 - $2,589,000

2 Beds
1 Bath
1,295 Sq Ft
$1,902/Sq Ft Est. Value

Last Sold July 21, 2022

Last sale price $1,965,000 $1,517 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $14,859/month

11 Days on Market

Highlights

  • Wood Flooring
  • Neighborhood Views
  • Balcony
  • Barron Park Elementary School Rated A+
  • Formal Dining Room
  • 4-minute walk to Boulware Park

About This Home

As of July 2022

Amazing value in the heart of Palo Alto. This cozy rancher features 2 bedrooms and 1 bathroom, 1295+/- sqft of living space on a 5243+/- sqft lot. Substantial living room with fireplace, separate dining room, large eat-in kitchen, and separate laundry/utility room. This home is well laid out for entertaining with generous common areas which flow seamlessly to the spacious private side and back yards. This home also features newly refinished real HW floors throughout, fresh paint, plenty of natural light, and an attached oversized 2-car garage. Don't miss your opportunity to own a home in this lovely neighborhood close to shops, restaurants, parks, public transportation, and amazing Palo Alto schools (buyer to verify).

Last Agent to Sell the Property

Carol Borison

Compass License #01880666 Listed on: 06/07/2022

Compass

Last Buyer's Agent

David Lucas

Christie's International Real Estate Sereno License #02114304

Christie's International Real Estate Sereno

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,586

Year Built

  • 1956

Lot Details

  • 5,218 Sq Ft Lot
  • Back Yard Fenced
  • Level Lot
  • Sprinklers on Timer

Parking

  • 2 Car Attached Garage
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Composition Roof
  • Stucco

Interior Spaces

  • 1,295 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Formal Dining Room
  • Neighborhood Views
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Tile Countertops

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry Tub
  • Electric Dryer Hookup

Additional Features

  • Balcony
  • Forced Air Heating System

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,586

Year Built

1956

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Style: Ranch
  • Listing Class: Residential
  • Structure Sq Ft: 1295
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1956

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Eat In Kitchen, Formal Dining Room
  • Kitchen: Countertop - Tile, Oven Range - Gas
  • Fireplace: Yes
  • Living Sq Ft: 1295
  • Stories: 1
  • Laundry: Electricity Hookup (220V), In Utility Room, Tub / Sink
  • Flooring: Tile, Vinyl / Linoleum, Wood
  • Additional Rooms: Laundry Room
  • Fireplaces Min: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Full On Ground Floor, Shower And Tub

Exterior Features

  • Foundation: Crawl Space
  • Roof: Composition
  • View: Neighborhood
  • Yard/Grounds: Balcony / Patio, Fenced, Sprinklers - Auto
  • Fencing: Fenced Back, Wood
  • Construction Type: Stucco

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage, Off-Street Parking, On Street

Utilities

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

Schools

  • High School: 325

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1198
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5220.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5220.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2022
Closed on
Jul 12, 2022
Sold by
Blackman Living Trust
Bought by
Gisondi Michael A and Truesdale Derek I
Seller's Agent
Carol Borison
Compass
Buyer's Agent
David Lucas
Christie's International Real Estate Sereno
List Price
$1,998,000
Sold Price
$1,965,000
Premium/Discount to List
-$33,000
-1.65%
Current Estimated Value
$2,463,153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$498,153
Avg. Annual Appreciation
7.15%
Original Mortgage
$700,000
Outstanding Balance
$666,771
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$1,796,382

Purchase Details

Closed on
Sep 18, 2019
Sold by
Blackman Martha E and Blackman Living Trust
Bought by
Blackman Martha B and Ditto Nancy

Purchase Details

Closed on
Aug 7, 1999
Sold by
Blackman Martha E
Bought by
Blackman Martha E
Source: Public Records

Range of Values:

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Average Value
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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
Gisondi Michael A $1,965,000 Chicago Title
Blackman Martha B -- None Available
Blackman Martha E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gisondi Michael A $700,000
Closed Gisondi Michael A $418,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2022 07/21/22 Sold $1,965,000 -1.7% $1,517 / Sq Ft
06/18/2022 06/18/22 Pending -- -- --
06/07/2022 06/07/22 For Sale $1,998,000 -- $1,543 / 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 $23,586 $2,044,386 $1,976,760 $67,626
2024 $23,586 $2,004,300 $1,938,000 $66,300
2023 $793 $1,965,000 $1,900,000 $65,000
2022 $793 $69,170 $27,620 $41,550
2021 $777 $67,815 $27,079 $40,736
2020 $760 $67,121 $26,802 $40,319
2019 $751 $65,806 $26,277 $39,529
2018 $744 $64,516 $25,762 $38,754
2017 $730 $63,252 $25,257 $37,995
2016 $699 $62,012 $24,762 $37,250
2015 $692 $61,082 $24,391 $36,691
2014 $683 $59,887 $23,914 $35,973
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81894479

MLSListings

APN: 132-34-023