NOT LISTED FOR SALE

360 Iris Way Palo Alto, CA 94303

Duveneck-Saint Francis Neighborhood

Estimated Value: $4,647,467 - $5,229,000

4 Beds
3 Baths
2,536 Sq Ft
$1,951/Sq Ft Est. Value

Last Sold October 25, 2021

Last sale price $4,250,000 $1,676 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $30,568/month

6 Days on Market

Highlights

  • Primary Bedroom Suite
  • Wood Flooring
  • Formal Dining Room
  • Duveneck Elementary School Rated A+
  • Quartz Countertops
  • Double Oven

About This Home

As of October 2021

Fabulous 4 Bedroom 3 Bath Home in Quiet Desirable Tree-lined Green Gables Neighborhood. Formal Entry. Elegant Living Room with Fireplace. Separate Formal Dining Room. Chef's Eat-in Kitchen with Quartz Countertop, Center Island with Sink, and Subway Tile Backsplash Opens to Expansive Family Room with Fireplace. Ground Floor Bedroom and Bathroom. Four Spacious Bedrooms. Three Full Baths. Primary Suite Includes Vaulted Ceilings and Dual Closets. Lovely Landscaped Yard with Patio Perfect for Entertaining. Close to Eleanor Pardee and Rinconada. Award Winning Palo Alto Schools.

Last Agent to Sell the Property

Keri Nicholas

Parc Agency Corporation License #01198898 Listed on: 09/16/2021

Last Buyer's Agent

Sophia Xu

Compass License #01945147

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $52,056

Year Built

  • 1948

Lot Details

  • 6,064 Sq Ft Lot
  • Fenced
  • Sprinklers on Timer
  • Back Yard

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,536 Sq Ft Home
  • 2-Story Property
  • Formal Entry
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room

Kitchen

  • Open to Family Room
  • Double Oven
  • Gas Cooktop
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Remodeled Bathroom
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Dual Sinks
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • 220 Volts

Home Details

Home Type

Single Family

Est. Annual Taxes

$52,056

Year Built

1948

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Age: 73
  • Listing Class: Residential
  • Structure Sq Ft: 2536
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1948

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Family Room, Living Room
  • Dining Room: Formal Dining Room
  • Kitchen: 220 Volt Outlet, Cooktop - Gas, Countertop - Quartz, Dishwasher, Exhaust Fan, Island With Sink, Oven - Double, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 2536
  • Stories: 2
  • Bedrooms: Primary Suite / Retreat
  • Laundry: Dryer, Washer
  • Flooring: Carpet, Hardwood
  • Additional Rooms: Formal Entry
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Full On Ground Floor, Primary - Stall Shower(s), Stall Shower - 2+, Updated Bath

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced, Sprinklers - Auto, Sprinklers - Lawn

Garage/Parking

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

Utilities

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

Schools

  • School District: Palo Alto Unified
  • Elementary School: Duveneck Elementary
  • Middle School: Frank S. Greene Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 311
  • Middle School: 329

Lot Info

  • Lot Acres: 0.1392
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6063.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6063.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 2022
Sold by
Guang and Huibo
Bought by
Guang Wang Famly Trust
Current Estimated Value
$4,947,367

Purchase Details

Listed on
Sep 16, 2021
Closed on
Oct 7, 2021
Sold by
Ercolani Anne J and Ercolani Bypass Trust
Bought by
Guang Yudong and Wang Huibo
Seller's Agent
Keri Nicholas
Parc Agency Corporation
Buyer's Agent
Sophia Xu
Compass
List Price
$3,698,000
Sold Price
$4,250,000
Premium/Discount to List
$552,000
14.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.87%
Original Mortgage
$3,400,000
Interest Rate
1.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2021
Sold by
Ercolani Anne J and Ercolani Family Under Trust
Bought by
Ercolani Anne J and Ercolani Bypass Trust

Purchase Details

Closed on
Nov 9, 2002
Sold by
Ercolani Joe P and Ercolani Anne J
Bought by
Ercolani Joe P and Ercolani Anne J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 5, 1998
Sold by
Ercolani Joe P and Ercolani Anne J
Bought by
Ercolani Joe P and Ercolani Anne J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.88%

Purchase Details

Closed on
Sep 18, 1998
Sold by
Ercolani Joe P and Ercolani Anne J
Bought by
Ercolani Joe P and Ercolani Anne J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.88%

Purchase Details

Closed on
Jun 23, 1998
Sold by
Ercolani Joe P and Ercolani Anne J
Bought by
Ercolani Joe P and Ercolani Anne J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
3.95%

Purchase Details

Closed on
Jun 16, 1998
Sold by
Page William E and Page Maria C
Bought by
Ercolani Joe P and Ercolani Anne J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
3.95%
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
Guang Wang Famly Trust -- Connie Yi Pc
Guang Yudong $4,250,000 Lawyers Title Company
Ercolani Anne J -- None Available
Ercolani Joe P -- --
Ercolani Joe P -- Stewart Title Of California
Ercolani Joe P -- --
Ercolani Joe P -- Financial Title Company
Ercolani Joe P -- --
Ercolani Joe P $870,000 First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Guang Yudong $3,400,000
Previous Owner Ercolani Joe P $125,000
Previous Owner Ercolani Joe P $175,000
Previous Owner Ercolani Joe P $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2021 10/25/21 Sold $4,250,000 +14.9% $1,676 / Sq Ft
09/23/2021 09/23/21 Pending -- -- --
09/16/2021 09/16/21 For Sale $3,698,000 -- $1,458 / 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 $52,056 $4,510,133 $4,138,711 $371,422
2024 $52,056 $4,421,700 $4,057,560 $364,140
2023 $45,692 $3,860,000 $3,542,100 $317,900
2022 $50,637 $4,250,000 $3,900,000 $350,000
2021 $15,399 $1,283,383 $988,358 $295,025
2020 $15,072 $1,270,224 $978,224 $292,000
2019 $14,828 $1,245,319 $959,044 $286,275
2018 $14,423 $1,220,902 $940,240 $280,662
2017 $14,169 $1,196,963 $921,804 $275,159
2016 $13,789 $1,173,494 $903,730 $269,764
2015 $13,657 $1,155,868 $890,156 $265,712
2014 $13,438 $1,133,228 $872,720 $260,508
Source: Public Records

Agents Affiliated with this Home

  • Keri Nicholas

    Seller's Agent in 2021

    Keri Nicholas

    Parc Agency Corporation

    (650) 533-7373

    1 in this area

    217 Total Sales

    Keri Nicholas
    Section Image
  • Sophia Xu

    Buyer's Agent in 2021

    Sophia Xu

    Compass

    (650) 666-5988

    2 in this area

    80 Total Sales

    Sophia Xu
    Section Image
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Map

Source: MLSListings

MLS Number: ML81862956

MLSListings

APN: 003-41-033

California Santa Clara County Palo Alto 94303 Duveneck-Saint Francis

360 Iris Way, Palo Alto, CA

This home is located at 360 Iris Way, Palo Alto, CA 94303 since 16 September 2021 and is currently estimated at $4,947,367, approximately $1,950 per square foot. This property was built in 1948. 360 Iris Way is a home located in Santa Clara County with nearby schools including Duveneck Elementary School, Frank S. Greene Jr. Middle, and Palo Alto High School.

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