Seller's Agent in 2019
Monica Corman
Compass
(650) 543-1164
4 in this area
36 Total Sales
359 Embarcadero Rd Palo Alto, CA 94301
University South NeighborhoodEstimated Value: $6,764,000 - $10,138,199
4
Beds
2.5
Baths
3,422
Sq Ft
$2,421/Sq Ft
Est. Value
Highlights
- 0.55 Acre Lot
- Living Room with Fireplace
- Wood Flooring
- Walter Hays Elementary Rated A+
- Traditional Architecture
- Attic
About This Home
As of November 2019Set on over one-half acre, this distinguished Professorville property has been owned and loved by four generations of the same family since it was built in 1901. This very special property now awaits a new owner to enjoy all that it has to offer. The main house has a grand living and dining room with fireplace, a separate den, an inviting sun room, a kitchen with breakfast area, walk-in pantry and adjacent butler's pantry, a light-filled study, and a separate laundry room. The ground floor also includes three generous sized bedrooms, a full bath and a convenient half-bath. Upstairs is an expansive family room/playroom with fireplace and adjacent full bath. Douglas fir floors and gorgeous woodwork throughout give warmth and beauty. The property also includes a very useful and attractive 1 bed/1bath guest house with a private outdoor deck and yard. Detached 2-car garage. Close to downtown Palo Alto and Stanford. PA schools.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $96,281
Year Built
- Built in 1901
Lot Details
- 0.55 Acre Lot
- Zoning described as R1929
Parking
- 2 Car Detached Garage
- Uncovered Parking
Home Design
- Traditional Architecture
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 3,422 Sq Ft Home
- 2-Story Property
- Separate Family Room
- Living Room with Fireplace
- 2 Fireplaces
- Dining Room
- Den
- Bonus Room
- Laundry Room
- Attic
- Unfinished Basement
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
Utilities
- Baseboard Heating
- Radiant Heating System
Listing and Financial Details
- Assessor Parcel Number 120-20-025
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 24, 2019
Closed on
Oct 29, 2019
Sold by
Paul Michael P and Paul John Katherine
Bought by
359 Embarc Llc
Seller's Agent
Monica Corman
Compass
Buyer's Agent
Mia Banks
Coldwell Banker Realty
List Price
$5,250,000
Sold Price
$4,400,000
Premium/Discount to List
-$850,000
-16.19%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,884,800
Avg. Annual Appreciation
11.51%
Purchase Details
Closed on
Sep 5, 2013
Sold by
John Katherine P
Bought by
Paul Michael P and John Katherine P
Purchase Details
Closed on
Apr 5, 2010
Sold by
John David A and Shimer Laurel
Bought by
John David and Shimer Laurel
Purchase Details
Closed on
Mar 7, 2006
Sold by
John David A
Bought by
John David A and John Barbara E
Purchase Details
Closed on
Mar 11, 2002
Sold by
John Gain A
Bought by
John Gain A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,000
Interest Rate
7.08%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Jul 8, 1998
Sold by
John Gain A
Bought by
John Gain A
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 359 Embarc Llc | $4,400,000 | Lawyers Title Company | |
| Paul Michael P | -- | None Available | |
| John David | -- | None Available | |
| John David A | -- | None Available | |
| John Gain A | -- | Old Republic Title Company | |
| John Gain A | -- | Old Republic Title Company | |
| John Gain A | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 359 Embarc Llc | $3,000,000 | |
| Previous Owner | John David | $450,000 | |
| Previous Owner | John David A | $250,000 | |
| Previous Owner | John Gain A | $83,000 | |
| Previous Owner | John Gain A | $194,000 | |
| Previous Owner | John Gain A | $184,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/04/2019 11/04/19 | Sold | $4,400,000 | -16.2% | $1,286 / Sq Ft |
| 09/24/2019 09/24/19 | Pending | -- | -- | -- |
| 07/24/2019 07/24/19 | For Sale | $5,250,000 | -- | $1,534 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
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 | $96,281 | $8,274,349 | $4,702,676 | $3,571,673 |
| 2024 | $96,281 | $8,112,108 | $4,610,467 | $3,501,641 |
| 2023 | $70,272 | $5,868,645 | $4,520,066 | $1,348,579 |
| 2022 | $60,275 | $4,980,917 | $4,431,438 | $549,479 |
| 2021 | $53,880 | $4,445,584 | $4,344,548 | $101,036 |
| 2020 | $52,752 | $4,400,000 | $4,300,000 | $100,000 |
| 2019 | $4,096 | $265,666 | $70,392 | $195,274 |
| 2018 | $4,003 | $260,458 | $69,012 | $191,446 |
| 2017 | $3,932 | $255,352 | $67,659 | $187,693 |
| 2016 | $3,823 | $250,346 | $66,333 | $184,013 |
| 2015 | $3,779 | $246,586 | $65,337 | $181,249 |
| 2014 | -- | $241,757 | $64,058 | $177,699 |
Source: Public Records
Agents Affiliated with this Home
-
Monica Corman
-
Mandy Montoya
Seller Co-Listing Agent in 2019
Mandy Montoya
Compass
(650) 250-4517
3 in this area
44 Total Sales
-
Mia Banks
Buyer's Agent in 2019
Mia Banks
Coldwell Banker Realty
(650) 851-1961
18 Total Sales
Map
Source: MLSListings
MLS Number: ML81761907
APN: 120-20-025
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