NOT LISTED FOR SALE

Estimated Value: $3,546,000 - $3,877,068

4 Beds
3 Baths
2,007 Sq Ft
$1,847/Sq Ft Est. Value

Last Sold April 26, 2017

Last sale price $2,574,000 $1,283 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $22,433/month

11 Days on Market

Highlights

  • 2 Car Attached Garage
  • Forced Air Heating System
  • Separate Family Room
  • Fairmeadow Elementary School Rated A+
  • Ceiling Fan
  • Dining Area

About This Home

As of April 2017

Great Opportunity to own this tastefully upgraded and expanded single story home on quiet street in prime South Palo Alto location, Top Palo Alto Schools; Spacious 4 Beds/3 Baths on 7530 sq. ft. Lot size; Spacious Master Bedroom with Walk-In Closet; Spacious Kitchen Looking The Backyard; Spacious Attic space for teen sleep over or storage use in the front expanded area; Engineering Bamboo Flooring, Remodeled Bathroom, Newer Water Heater, 2-Car Attached Garage With Newer Garage Door; Open floor plan and brightness, Easily accessible to Google, Facebook, and other Major High-tech companies, HWY 101, Costco, Stanford University and Shopping Center, etc. Don't miss this opportunity.

Last Agent to Sell the Property

William Chen

Faithful License #01863645 Listed on: 03/15/2017

Last Buyer's Agent

Jiani Yu

Bay East AOR License #01951442

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1956

Lot Details

  • 7,536 Sq Ft Lot
  • Zoning described as R1B8

Parking

  • 2 Car Attached Garage

Home Design

  • Tar and Gravel Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,007 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Separate Family Room
  • Dining Area

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 127-12-029

Home Details

Home Type

Single Family

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 2007
  • Incorporated: Yes
  • Year Built: 1956
  • Zoning Description: R1B8
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Burning
  • Dining Room: Dining Area
  • Living Sq Ft: 2007
  • Stories: 1
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition, Tar and Gravel

Garage/Parking

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

Utilities

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

Schools

  • High School: 325

Lot Info

  • Parcel Number: 127-12-029
  • Lot Acres: 0.1730
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7530.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7530.00

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
Jun 25, 2018
Sold by
Fu Yupeng and Huang Yun
Bought by
Fu Yupeng and Huang Yun
Current Estimated Value
$3,707,267

Purchase Details

Listed on
Mar 15, 2017
Closed on
Apr 18, 2017
Sold by
Chen William Wei Liang and Kuo Joyce Chun Lien
Bought by
Fu Yupeng and Huang Yun
Seller's Agent
William Chen
Faithful
Buyer's Agent
Jiani Yu
Bay East AOR
List Price
$2,390,000
Sold Price
$2,574,000
Premium/Discount to List
$184,000
7.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.30%
Original Mortgage
$2,000,000
Outstanding Balance
$1,668,383
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$2,038,884

Purchase Details

Closed on
Oct 21, 2016
Sold by
Kuo Joyce C and Chen William W
Bought by
Chen William Wei Liang and Kuo Joyce Chun Lien

Purchase Details

Closed on
May 28, 2014
Sold by
Wei Yihen and Neou Mary Meeing
Bought by
Kuo Joyce C and Chen William W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,370,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 16, 2009
Sold by
Wei Yihen and Neou Mary Meeing
Bought by
Wei Yihen and Neou Mary Meeing

Purchase Details

Closed on
Feb 28, 2008
Sold by
Siglinger Donald E and Siglinger Nancy Palmer
Bought by
Wei Yihen and Neou Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$864,500
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 3, 2003
Sold by
Siglinger Donald E and Siglinger Nancy Palmer
Bought by
Siglinger Donald E and Siglinger Nancy Palmer
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fu Yupeng -- None Available
Fu Yupeng $2,574,000 First American Title Company
Chen William Wei Liang -- None Available
Kuo Joyce C $1,899,750 First American Title Company
Wei Yihen -- None Available
Wei Yihen -- None Available
Wei Yihen -- First American Title Co
Siglinger Donald E -- American Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fu Yupeng $2,000,000
Previous Owner Kuo Joyce C $1,370,000
Previous Owner Wei Yihen $864,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2017 04/26/17 Sold $2,574,000 +7.7% $1,283 / Sq Ft
03/27/2017 03/27/17 Pending -- -- --
03/15/2017 03/15/17 For Sale $2,390,000 -- $1,191 / 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 $35,411 $2,987,341 $2,871,285 $116,056
2024 $35,411 $2,928,767 $2,814,986 $113,781
2023 $34,892 $2,871,341 $2,759,791 $111,550
2022 $34,490 $2,815,041 $2,705,678 $109,363
2021 $33,811 $2,759,845 $2,652,626 $107,219
2020 $33,111 $2,731,547 $2,625,427 $106,120
2019 $32,747 $2,677,989 $2,573,949 $104,040
2018 $31,762 $2,625,480 $2,523,480 $102,000
2017 $24,595 $2,006,864 $1,404,805 $602,059
2016 $23,869 $1,967,514 $1,377,260 $590,254
2015 $23,635 $1,937,961 $1,356,573 $581,388
2014 $18,854 $1,530,148 $1,125,080 $405,068
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81642408

MLSListings

APN: 127-12-029