NOT LISTED FOR SALE

Estimated Value: $3,974,000 - $6,208,000

5 Beds
4 Baths
3,674 Sq Ft
$1,436/Sq Ft Est. Value

Last Sold May 18, 2023

Last sale price $4,519,500 $1,230 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $33,804/month

79 Days on Market

Highlights

  • Primary Bedroom Suite
  • Skyline View
  • Marble Flooring
  • Fairmeadow Elementary School Rated A+
  • Deck
  • Main Floor Bedroom

About This Home

As of May 2023

PRICE REDUCED! Open Sat/Sun. This Hidden Gem at the end of a private cul-de-sac is your own luxurious spa retreat! Light abounds throughout! Chef's kitchen with granite countertops, a large island, and high-end stainless appliances. Living room with fireplace, family room & huge formal dining room. Custom sauna seats 4+ people. Plumbed space for built-in coffee maker. Large primary suite with gas fireplace, sitting area, heated floor, custom steam room, large spa tub w/waterfall, walk-in shower w/multiple rain heads and body jets, and walk-in closet. Huge ADU/guest suite with secondary kitchen, separate entry, and deck: additional family room, game room, or private apartment. A large, private backyard wraps around the entire home, with many mature fruit trees (orange, lemon, plum, persimmon, and more). Excellent location near the library & community center, Mitchell and Ramos Parks, restaurants, shopping centers, and freeway access. Excellent Palo Alto Schools.

Last Agent to Sell the Property

Rod Creason

Keller Williams Palo Alto License #01443380 Listed on: 01/26/2023

Keller Williams Palo Alto

Last Buyer's Agent

Julia Zhang

Excel Realty License #02013333

Excel Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $55,071

Year Built

  • Built in 1985

Lot Details

  • 0.28 Acre Lot
  • Wood Fence
  • Flag Lot
  • Sprinklers on Timer
  • Back Yard Fenced
  • Zoning described as LM

Parking

  • 2 Car Garage
  • 1 Carport Space
  • Off-Street Parking

Home Design

  • Pillar, Post or Pier Foundation
  • Ceiling Insulation
  • Composition Roof

Interior Spaces

  • 3,674 Sq Ft Home
  • 2-Story Property
  • Skylights
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Double Pane Windows
  • Formal Entry
  • Separate Family Room
  • Formal Dining Room
  • Den
  • Loft
  • Utility Room
  • Skyline Views
  • Alarm System
  • Attic

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Gas Cooktop
  • Wine Refrigerator

Flooring

  • Wood
  • Carpet
  • Stone
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • Bathroom on Main Level
  • 4 Full Bathrooms
  • Marble Bathroom Countertops
  • Dual Sinks
  • Jetted Tub in Primary Bathroom
  • <<tubWithShowerToken>>
  • Steam Shower
  • Walk-in Shower

Laundry

  • Laundry on upper level
  • Washer and Dryer

Outdoor Features

  • Balcony
  • Deck
  • Shed
  • Barbecue Area

Utilities

  • Forced Air Zoned Heating System
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 127-44-052

Home Details

Home Type

Single Family

Est. Annual Taxes

$55,071

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 38
  • Listing Class: Residential
  • Structure Sq Ft: 3674
  • Incorporated: Yes
  • Year Built: 1985
  • Zoning Description: LM
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining Bar, Formal Dining Room
  • Kitchen: Cooktop - Gas, Oven Range - Gas, Pantry, Refrigerator, Wine Refrigerator
  • Living Sq Ft: 3674
  • Stories: 2
  • Security: Security Alarm
  • Bedrooms: Ground Floor Bedroom, Primary Suite / Retreat, Walk-in Closet
  • Laundry: In Utility Room, Upper Floor, Washer / Dryer
  • Flooring: Carpet, Hardwood, Marble, Stone
  • Additional Rooms: Attic, Den / Study / Office, Formal Entry, Loft, Office Area, Utility Room
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Bathroom: Double Sinks, Full on Ground Floor, Marble, Primary - Tub with Jets, Sauna, Showers over Tubs - 2+, Skylight, Stall Shower, Steam Shower, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Post and Pier
  • Roof: Composition
  • Yard/Grounds: Back Yard, Balcony / Patio, BBQ Area, Deck, Fenced, Sprinklers - Auto, Sprinklers - Lawn, Storage Shed / Structure
  • Fencing: Fenced Back, Wood

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 3
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Carport, Off-Street Parking, Room for Oversized Vehicle
  • Carport Min: 1

Utilities

  • Heating System: Central Forced Air - Gas, Heating - 2+ Zones
  • Sewer/Septic System: Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Skylight, Walk-in Closet

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

  • Lot Description: Flag Lot
  • Parcel Number: 127-44-052
  • Lot Acres: 0.2787
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 12141.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 12141.00

Green Features

  • Energy Features: Ceiling Insulation, Double Pane Windows, Tankless Water Heater

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

Listed on
Jan 26, 2023
Closed on
May 8, 2023
Sold by
Creason-Cooley Living Trust
Bought by
Zhu Jia
Seller's Agent
Rod Creason
Keller Williams Palo Alto
Buyer's Agent
Julia Zhang
Excel Realty
List Price
$4,750,000
Sold Price
$4,519,500
Premium/Discount to List
-$230,500
-4.85%
Views
40
Current Estimated Value
$5,274,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$755,069
Avg. Annual Appreciation
11.36%
Original Mortgage
$2,000,000
Outstanding Balance
$1,955,886
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$3,758,559

Purchase Details

Closed on
Jan 13, 2020
Sold by
Creason Richard R
Bought by
Creason Richard R and Cooley Barbara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 27, 2005
Sold by
Whitley Kevin Sparks and Truong Hoai Thu Nguyen
Bought by
Creason Richard R and Cooley Barbara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.67%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 25, 2000
Sold by
Chan Sonata Y
Bought by
Whitley Kevin Sparks and Truong Hoai Thu Nguyen

Purchase Details

Closed on
Jun 6, 2000
Sold by
Chan Sonata Y
Bought by
Whitley Kevin Sparks and Truong Hoai Thu Nguyen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.25%

Purchase Details

Closed on
Oct 21, 1994
Sold by
Chan Walter W
Bought by
Chan Sonata Y
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
Zhu Jia $4,519,500 First American Title
Creason Richard R -- First American Title Company
Creason Richard Rodney -- First American Title Company
Creason Richard Rodney -- First American Title Company
Creason Richard R -- North American Title Company
Whitley Kevin Sparks -- Fidelity National Title Ins
Whitley Kevin Sparks $1,740,000 Fidelity National Title Co
Chan Sonata Y -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhu Jia $2,000,000
Previous Owner Creason Richard R $1,645,000
Previous Owner Creason Richard Rodney $400,000
Previous Owner Creason Richard R $250,000
Previous Owner Creason Richard R $900,000
Previous Owner Whitley Kevin Sparks $500,000
Previous Owner Chan Sonata Y $478,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2023 05/18/23 Sold $4,519,500 -0.8% $1,230 / Sq Ft
04/16/2023 04/16/23 Pending -- -- --
03/23/2023 03/23/23 Price Changed $4,555,000 -4.1% $1,240 / Sq Ft
01/26/2023 01/26/23 For Sale $4,750,000 -- $1,293 / 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 $55,071 $4,609,890 $4,080,000 $529,890
2023 $27,744 $2,265,808 $1,313,514 $952,294
2022 $27,423 $2,221,381 $1,287,759 $933,622
2021 $26,883 $2,177,825 $1,262,509 $915,316
2020 $26,247 $2,155,495 $1,249,564 $905,931
2019 $25,956 $2,113,231 $1,225,063 $888,168
2018 $25,244 $2,071,796 $1,201,043 $870,753
2017 $24,800 $2,031,174 $1,177,494 $853,680
2016 $24,148 $1,991,348 $1,154,406 $836,942
2015 $23,912 $1,961,437 $1,137,066 $824,371
2014 $23,420 $1,923,016 $1,114,793 $808,223
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81917122

MLSListings

APN: 127-44-052