NOT LISTED FOR SALE

Estimated Value: $3,028,000 - $3,312,000

3 Beds
2 Baths
1,382 Sq Ft
$2,289/Sq Ft Est. Value

Last Sold June 26, 2019

Last sale price $2,250,000 $1,628 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $19,344/month

21 Days on Market

Highlights

  • Private Pool
  • Open to Family Room
  • 1-Story Property
  • Fairmeadow Elementary School Rated A+
  • 2 Car Attached Garage

About This Home

As of June 2019

Mid-century Modern on a Large Lot In Desireable Fairmeadow. This light-filled, single level iconic Eichler is situated in the desirable Fairmeadow neighborhood, also known as The Circles. Move right in and start living, or create your dream home. With its large lot, the home has endless possibilities. Located just a short distance away from schools, library, shopping, public transportation, and easy freeway access. - Combined living and dining room with sliding doors leading to the expansive yard with pool; - L shaped kitchen with skylight which opens to the dining area; - 2 car finished garage; - Extra large lot with large trees and mature landscaping; - Excellent schools: Fairmeadow Elementary, JLS Middle, Gunn High (buyers to verify)

Last Agent to Sell the Property

Xin Jiang

Compass License #01961451 Listed on: 05/15/2019

Compass

Last Buyer's Agent

Josh Rubin

Kerwin & Associates License #01995038

Kerwin & Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,915

Year Built

  • Built in 1952

Lot Details

  • 0.27 Acre Lot
  • Zoning described as R1

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Foam Roof

Interior Spaces

  • 1,382 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Open to Family Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Private Pool
  • Radiant Heating System

Listing and Financial Details

  • Assessor Parcel Number 132-30-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,915

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 67
  • Listing Class: Residential
  • Structure Sq Ft: 1382
  • Year Built: 1952
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Living Room
  • Dining Room: Dining "L"
  • Living Sq Ft: 1382
  • Stories: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Foam
  • Pool: Yes

Garage/Parking

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

Utilities

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

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: 132-30-012
  • Lot Acres: 0.2686
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 11702.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 11702.00

Multi Family

  • Utilities: Public Utilities

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

Closed on
May 20, 2022
Sold by
Hou and Cristina
Bought by
Hou Zhengrui and Hou Cristina
Current Estimated Value
$3,162,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Outstanding Balance
$712,979
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$2,465,713

Purchase Details

Closed on
Mar 23, 2022
Sold by
Hou and Cristina
Bought by
Hou Zhengrui and Hou Cristina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Outstanding Balance
$712,979
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$2,465,713

Purchase Details

Closed on
Dec 2, 2019
Sold by
Hou Cristina
Bought by
Hou Zhengrui

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 15, 2019
Closed on
Jun 19, 2019
Sold by
Piercy Piercy Christopher Christopher and Piercy Peter
Bought by
Hou Zhengrui and Hou Cristina
Seller's Agent
Xin Jiang
Compass
Buyer's Agent
Josh Rubin
Kerwin & Associates
List Price
$2,498,000
Sold Price
$2,250,000
Premium/Discount to List
-$248,000
-9.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.71%
Original Mortgage
$1,500,000
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 4, 1994
Sold by
Piercy Peter E and Piercy Carol D
Bought by
Piercy Peter and Piercy Carol D
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
Hou Zhengrui -- Chicago Title
Hou Zhengrui -- Fidelity National Title
Hou Zhengrui -- None Available
Hou Cristina -- None Available
Hou Zhengrui $2,250,000 Chicago Title Company
Piercy Peter -- --
Piercy Peter E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hou Zhengrui $750,000
Previous Owner Hou Cristina $255,000
Previous Owner Hou Zhengrui $557,000
Previous Owner Hou Zhengrui $560,000
Previous Owner Hou Zhengrui $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2019 06/26/19 Sold $2,250,000 -1.1% $1,628 / Sq Ft
06/06/2019 06/06/19 Pending -- -- --
05/31/2019 05/31/19 Price Changed $2,275,000 -8.9% $1,646 / Sq Ft
05/15/2019 05/15/19 For Sale $2,498,000 -- $1,808 / 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 $29,915 $2,636,743 $2,454,138 $182,605
2024 $29,915 $2,460,699 $2,406,018 $54,681
2023 $29,475 $2,412,451 $2,358,842 $53,609
2022 $29,134 $2,365,149 $2,312,591 $52,558
2021 $28,561 $2,318,775 $2,267,247 $51,528
2020 $27,972 $2,295,000 $2,244,000 $51,000
2019 $1,411 $115,724 $39,943 $75,781
2018 $1,385 $113,456 $39,160 $74,296
2017 $1,360 $111,233 $38,393 $72,840
2016 $1,311 $109,053 $37,641 $71,412
2015 $1,297 $107,416 $37,076 $70,340
2014 $1,278 $105,313 $36,350 $68,963
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81752002

MLSListings

APN: 132-30-012