NOT LISTED FOR SALE

Estimated Value: $3,399,000 - $3,825,000

4 Beds
2 Baths
1,840 Sq Ft
$1,992/Sq Ft Est. Value

Last Sold June 14, 2019

Last sale price $2,758,888 $1,499 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $23,445/month

8 Days on Market

Highlights

  • Wood Flooring
  • Granite Countertops
  • Balcony
  • Fairmeadow Elementary School Rated A+
  • Neighborhood Views
  • Double Pane Windows

About This Home

As of June 2019

A contemporary home embellished with classical features including a high ceiling room with a bright office and cozy bedroom space. French doors opening to the backyard. Two-way fireplace with tiled wall plus hardwood floor. Dual pane windows. Updated kitchen. Freshly painted interior and exterior. Landscape view from all bedrooms.

Last Agent to Sell the Property

Grace Wu

Compass License #00886757 Listed on: 05/14/2019

Last Buyer's Agent

Alex Wang

Christie's International Real Estate Sereno License #01351503

Christie's International Real Estate Sereno

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,368

Year Built

  • Built in 1956

Lot Details

  • 6,826 Sq Ft Lot
  • Gated Home
  • Wood Fence
  • Level Lot
  • Back Yard
  • Zoning described as R1B8

Parking

  • 2 Car Garage

Home Design

  • Pillar, Post or Pier Foundation
  • Foam Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 1,840 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Wood Flooring
  • Neighborhood Views

Kitchen

  • Gas Oven
  • Electric Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry in Garage
  • Washer and Dryer

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating System
  • 220 Volts

Listing and Financial Details

  • Assessor Parcel Number 127-12-030

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,368

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Age: 63
  • Listing Class: Residential
  • Structure Sq Ft: 1840
  • Year Built: 1956
  • Zoning Description: R1B8
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room
  • Dining Room: Dining Area in Living Room
  • Kitchen: 220 Volt Outlet, Cooktop - Electric, Countertop - Granite, Dishwasher, Garbage Disposal, Hood Over Range, Microwave, Oven - Gas, Refrigerator
  • Living Sq Ft: 1840
  • Stories: 1
  • Bedrooms: Ground Floor Bedroom, Primary Bedroom on Ground Floor, More than One Bedroom on Ground Floor
  • Laundry: In Garage, Washer / Dryer
  • Flooring: Hardwood
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Bathroom: Full on Ground Floor, Primary - Stall Shower(s), Shower over Tub - 1, Tile
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab, Post and Pier
  • Roof: Foam
  • View: Neighborhood
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced
  • Fencing: Fenced, Gate, Wood
  • Construction Type: Stucco

Garage/Parking

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

Utilities

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

Schools

  • School District: Palo Alto Unified
  • Elementary School: Palo Verde Elementary
  • Middle School: Jane Lathrop Stanford Middle
  • High School: Henry M. Gunn High
  • High School: 325
  • Elementary School: 320
  • Middle School: 322

Lot Info

  • Lot Description: Grade - Level, Regular
  • Parcel Number: 127-12-030
  • Lot Acres: 0.1567
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6825.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6825.00

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Palo Verde 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

Listed on
May 14, 2019
Closed on
Jun 10, 2019
Sold by
Yang Cheng Chao and Tsay Sophia
Bought by
Wang Mark Ikai and Wang Judy Cheung
Seller's Agent
Grace Wu
Compass
Buyer's Agent
Alex Wang
Christie's International Real Estate Sereno
List Price
$2,488,000
Sold Price
$2,758,888
Premium/Discount to List
$270,888
10.89%
Current Estimated Value
$3,664,463

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$905,575
Avg. Annual Appreciation
4.54%
Original Mortgage
$2,000,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2006
Sold by
Dembo Linda G and Smoliar Stephen W
Bought by
Yang Cheng Chao and Tsay Sophia

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
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 17, 2002
Sold by
Smoliar Stephen W and Dembo Linda G
Bought by
Smoliar Stephen W and Dembo Linda G

Purchase Details

Closed on
Sep 12, 1995
Sold by
Baker James D and Baker Madalyn
Bought by
Smoliar Stephen W and Dembo Linda G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,200
Interest Rate
7.88%
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
Wang Mark Ikai $2,759,000 Chicago Title Co
Yang Cheng Chao -- First American Title Company
Smoliar Stephen W -- --
Smoliar Stephen W $429,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Mark Ikai $1,624,500
Closed Wang Mark Ikai $2,000,000
Previous Owner Yang Cheng Chao $269,000
Previous Owner Yang Cheng Chao $320,000
Previous Owner Yang Cheng Chao $417,000
Previous Owner Yang Cheng Chao $560,000
Previous Owner Yang Cheng Chao $609,000
Previous Owner Yang Cheng Chao $650,000
Previous Owner Smoliar Stephen W $528,000
Previous Owner Smoliar Stephen W $343,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2019 06/14/19 Sold $2,758,888 +10.9% $1,499 / Sq Ft
05/23/2019 05/23/19 Pending -- -- --
05/14/2019 05/14/19 For Sale $2,488,000 -- $1,352 / 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 $36,368 $3,017,243 $2,898,161 $119,082
2023 $35,833 $2,958,083 $2,841,335 $116,748
2022 $35,419 $2,900,082 $2,785,623 $114,459
2021 $34,721 $2,843,218 $2,731,003 $112,215
2020 $34,000 $2,814,065 $2,703,000 $111,065
2019 $17,852 $1,430,868 $1,163,809 $267,059
2018 $17,368 $1,402,813 $1,140,990 $261,823
2017 $17,062 $1,375,308 $1,118,618 $256,690
2016 $16,611 $1,348,342 $1,096,685 $251,657
2015 $16,445 $1,328,089 $1,080,212 $247,877
2014 $16,074 $1,302,075 $1,059,053 $243,022
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81751915

MLSListings

APN: 127-12-030