NOT LISTED FOR SALE

3766 Redwood Cir Palo Alto, CA 94306

Fairmeadow Neighborhood

Estimated Value: $3,168,696 - $3,344,000

3 Beds
2 Baths
1,259 Sq Ft
$2,593/Sq Ft Est. Value

Last Sold September 20, 2021

Last sale price $2,930,000 $2,327 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $20,547/month

9 Days on Market

Highlights

  • Contemporary Architecture
  • Vaulted Ceiling
  • Balcony
  • Fairmeadow Elementary School Rated A+
  • Beamed Ceilings
  • Bathtub with Shower

About This Home

As of September 2021

This property offers a great opportunity for an investor lloking for a rental, flipper, builder, or for a buyer who wants an blank slate in which to create their own masterpiece. The home has been well maintained and both bathrooms were recently upgraded and new carpet installed. Eichler lovers, note that paneled walls throughout the home have been well preserved. Per city of Palo Alto parcel report, maximum lot coverage is 2644 Sq, Ft. for a single story home, 2209 for a 2 story home. Excellent Palo Alto location in the Fairmeadow circles neighborhood, originally designed to slow down traffic. Convenient, great Palo Alto schools!

Last Agent to Sell the Property

Lynne Mercer, CRS

Compass License #00796211 Listed on: 08/11/2021

Compass

Last Buyer's Agent

Hao Chu

Silversage Realty Inc License #01963749

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,056

Year Built

  • 1954

Lot Details

  • 6,273

Parking

  • 1 Car Garage
  • 1 Carport Space

Home Design

  • Contemporary Architecture
  • Slab Foundation

Interior Spaces

  • 1,259 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room

Kitchen

  • Built-In Oven
  • Electric Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Formica Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Bathtub Includes Tile Surround

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Utilities

  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating

Additional Features

  • Balcony
  • Back Yard

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,056

Year Built

1954

Lot Details

0

Parking

1

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Style: Contemporary
  • Age: 67
  • Listing Class: Residential
  • Structure Sq Ft: 1259
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1954

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room, Wood Burning
  • Dining Room: Dining Area, Dining Area In Living Room
  • Kitchen: Cooktop - Gas, Countertop - Formica, Dishwasher, Hood Over Range, Microwave, Oven - Built-In, Oven - Electric, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1259
  • Stories: 1
  • Laundry: Dryer, Electricity Hookup (110V), Electricity Hookup (220V), In Garage, Washer
  • Flooring: Carpet, Vinyl / Linoleum
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Showers Over Tubs - 2+, Tile, Tub In Primary Bedroom, Updated Bath

Exterior Features

  • Foundation: Concrete Slab
  • Yard/Grounds: Back Yard, Balcony / Patio

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 2
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Attached Garage, Carport
  • Carport Min: 1

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Baseboard
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Open Beam Ceiling, Vaulted Ceiling

Schools

  • School District: Palo Alto Unified

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6686.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6686.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2021
Closed on
Sep 8, 2021
Sold by
Wong Mark Ee and Wong Guxia Chen
Bought by
Liu Chun Wei and Lee Chih Ying
Seller's Agent
Lynne Mercer, CRS
Compass
Buyer's Agent
Hao Chu
Silversage Realty Inc
List Price
$2,198,000
Sold Price
$2,930,000
Premium/Discount to List
$732,000
33.3%
Current Estimated Value
$3,264,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$334,924
Avg. Annual Appreciation
2.15%
Original Mortgage
$2,327,800
Outstanding Balance
$2,121,057
Interest Rate
2.12%
Mortgage Type
New Conventional
Estimated Equity
$1,062,047

Purchase Details

Closed on
Mar 19, 2021
Sold by
Wong Jack Lee and Wong Yan Chen
Bought by
Wong Jack Lee and Wong Yan Chen

Purchase Details

Closed on
Aug 25, 2011
Sold by
Wong Jack Lee and Wong Yan Chen
Bought by
Wong Jack Lee and Wong Yan Chen

Purchase Details

Closed on
Feb 14, 2011
Sold by
Wong Jack Lee
Bought by
Wong Jack Lee and Wong Yan Chen

Purchase Details

Closed on
Jun 23, 2006
Sold by
Wong Mark E
Bought by
Wong Mark Ee and Wong Guxia Chen

Purchase Details

Closed on
Mar 12, 2004
Sold by
Wong Jack Lee
Bought by
Wong Jack Lee and Wong Mark E
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
Liu Chun Wei $2,930,000 Chicago Title Company
Wong Jack Lee -- None Available
Wong Jack Lee -- None Available
Wong Jack Lee -- None Available
Wong Jack Lee -- None Available
Wong Mark Ee -- None Available
Wong Jack Lee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liu Chun Wei $2,327,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2021 09/20/21 Sold $2,930,000 +33.3% $2,327 / Sq Ft
08/20/2021 08/20/21 Pending -- -- --
08/11/2021 08/11/21 For Sale $2,198,000 -- $1,746 / 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 $32,056 $2,650,000 $2,622,800 $27,200
2023 $30,544 $2,510,000 $2,484,300 $25,700
2022 $35,775 $2,930,000 $2,900,000 $30,000
2021 $2,011 $88,521 $37,108 $51,413
2020 $1,987 $87,614 $36,728 $50,886
2019 $1,960 $85,897 $36,008 $49,889
2018 $1,927 $84,213 $35,302 $48,911
2017 $1,892 $82,562 $34,610 $47,952
2016 $1,836 $80,944 $33,932 $47,012
2015 $1,811 $79,729 $33,423 $46,306
2014 $1,677 $78,168 $32,769 $45,399
Source: Public Records

Agents Affiliated with this Home

  • Lynne Mercer, CRS

    Seller's Agent in 2021

    Lynne Mercer, CRS

    Compass

    (650) 906-0162

    1 in this area

    28 Total Sales

    Section Image
  • Hao Chu

    Buyer's Agent in 2021

    Hao Chu

    Silversage Realty Inc

    (650) 300-9048

    1 in this area

    39 Total Sales

    Section Image
  • Emily Hung

    Buyer Co-Listing Agent in 2021

    Emily Hung

    Silversage Realty Inc

    (650) 300-9038

    1 in this area

    27 Total Sales

    Section Image
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Map

Source: MLSListings

MLS Number: ML81856419

MLSListings

APN: 132-30-029

California Santa Clara County Palo Alto 94306 Fairmeadow

3766 Redwood Cir, Palo Alto, CA

This home is located at 3766 Redwood Cir, Palo Alto, CA 94306 since 11 August 2021 and is currently estimated at $3,264,924, approximately $2,593 per square foot. This property was built in 1954. 3766 Redwood Cir is a home located in Santa Clara County with nearby schools including Fairmeadow Elementary School, Jane Lathrop Stanford Middle School, and Henry M. Gunn High School.

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