NOT LISTED FOR SALE

Estimated Value: $3,556,000 - $3,966,000

3 Beds
2 Baths
1,577 Sq Ft
$2,444/Sq Ft Est. Value

Last Sold July 17, 2016

Last sale price $2,422,000 $1,536 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $23,231/month

13 Days on Market

Highlights

  • Open to Family Room
  • Forced Air Heating System
  • Gas Fireplace
  • Fairmeadow Elementary School Rated A+
  • Family or Dining Combination
  • 5-minute walk to Ramos Park

About This Home

As of July 2016

Large Well-Proportined Lot/ Build 3,980 sq. ft or more / No Flood-Zone / Private Setting/ Great Location/ Walk To Ramos Park / Walk to Mitchell Park and Library/ Walk to Charleston Shopping Center; Home of Rick's Rather Rich Ice Cream and Piazza's

Last Agent to Sell the Property

Steve Pierce

Zane MacGregor License #00871571 Listed on: 06/03/2016

Last Buyer's Agent

Lan Bowling

Keller Williams Palo Alto License #01248958

Keller Williams Palo Alto

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $33,298

Year Built

  • Built in 1961

Lot Details

  • 10,803 Sq Ft Lot
  • Zoning described as R1

Parking

  • 2 Car Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,577 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Family or Dining Combination
  • Open to Family Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 127-44-042

Home Details

Home Type

Single Family

Est. Annual Taxes

$33,298

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 55
  • Listing Class: Residential
  • Structure Sq Ft: 1577
  • Incorporated: Yes
  • Year Built: 1961
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Burning
  • Dining Room: Dining Area in Family Room
  • Living Sq Ft: 1577
  • Stories: 1
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

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 Connected

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: 127-44-042
  • Lot Acres: 0.2480
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10795.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 10795.00

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
Oct 14, 2020
Sold by
Lin Yajun and Zeng Shirley
Bought by
Lin Yajun and Zeng Shirley
Total Days on Market
13
Current Estimated Value
$3,854,471

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$765,600
Outstanding Balance
$686,655
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$3,019,557

Purchase Details

Listed on
Jun 3, 2016
Closed on
Jul 11, 2016
Sold by
Caporaletti Joseph M
Bought by
Liu Yajun and Zeng Shirley
Seller's Agent
Steve Pierce
Zane MacGregor
Buyer's Agent
Lan Bowling
Keller Williams Palo Alto
List Price
$2,398,000
Sold Price
$2,422,000
Premium/Discount to List
$24,000
1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.91%
Original Mortgage
$1,222,000
Outstanding Balance
$989,172
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$2,717,040

Purchase Details

Closed on
May 12, 2005
Sold by
Caporaletti Joseph M
Bought by
Caporaletti Joseph M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.84%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 3, 2002
Sold by
Caporaletti April T
Bought by
Caporaletti Joseph M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 14, 1994
Sold by
Myers Mason K and Myers Etta Jean
Bought by
Caporaletti Joseph M and Caporaletti April T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,800
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Lin Yajun -- Amrock Llc
Liu Yajun -- Amrock Llc
Liu Yajun $2,422,000 Chicago Title Company
Caporaletti Joseph M -- Ticor Title Company
Caporaletti Joseph M -- Old Republic Title Company
Caporaletti Joseph M $376,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liu Yajun $765,600
Open Liu Yajun $1,222,000
Previous Owner Caporaletti Joseph M $568,139
Previous Owner Caporaletti Joseph M $625,500
Previous Owner Caporaletti Joseph M $80,000
Previous Owner Caporaletti Joseph M $690,000
Previous Owner Caporaletti Joseph M $100,000
Previous Owner Caporaletti Joseph M $548,000
Previous Owner Caporaletti Joseph M $510,000
Previous Owner Caporaletti Joseph M $300,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2016 07/17/16 Sold $2,422,000 +1.0% $1,536 / Sq Ft
06/17/2016 06/17/16 Pending -- -- --
06/03/2016 06/03/16 For Sale $2,398,000 -- $1,521 / 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
2024 $33,298 $2,755,819 $2,755,819 --
2023 $32,808 $2,701,784 $2,701,784 $0
2022 $32,428 $2,648,808 $2,648,808 $0
2021 $31,788 $2,596,871 $2,596,871 $0
2020 $31,130 $2,570,244 $2,570,244 $0
2019 $30,786 $2,519,848 $2,519,848 $0
2018 $29,937 $2,470,440 $2,470,440 $0
2017 $29,493 $2,422,000 $2,422,000 $0
2016 $7,134 $539,846 $269,923 $269,923
2015 $7,057 $531,738 $265,869 $265,869
2014 $6,837 $521,322 $260,661 $260,661
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81588944

MLSListings

APN: 127-44-042