NOT LISTED FOR SALE

38 Morton Way Palo Alto, CA 94303

Old Palo Alto Neighborhood

Estimated Value: $3,362,439 - $3,567,000

3 Beds
1 Bath
1,096 Sq Ft
$3,196/Sq Ft Est. Value

Last Sold October 12, 2016

Last sale price $2,435,000 $2,222 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $22,354/month

6 Days on Market

Highlights

  • In Ground Pool
  • Deck
  • Double Pane Windows
  • Duveneck Elementary School Rated A+
  • Eat-In Kitchen
  • Secured Garage or Parking

About This Home

As of October 2016

Located on a charming cul-de-sac in the Green Gables neighborhood of Palo Alto, this 3 bedroom, 1 bath, 1096 sq.ft. (Per County Records) home is situated on a 6,230.4 sq.ft. lot (Per Owner Survey of 2004) and has been tenderly cared for by only one owner! This home is ready for its second owner to Remodel, Expand, Build or Rent. HOME FEATURES: Newer Roof; Dual Pane Windows; Gas Forced Air Heating; Central Air Conditioning: Freshly Painted Throughout; Newer Carpets; Newer Stove/Oven/Hood; Newer Dishwasher; New Toilet, Washer/Dryer. The property also has a well for landscaping use only and has a new pump. Award winning Palo Alto Schools - Duveneck Elementary School, David Starr Jordan Middle School & Palo Alto High School. (Buyers to verify enrollment). Conveniently located to Palo Alto Arts Center, Rinconada Park, Community Center, Stanford, Town & Country Shopping Center, Downtown Palo Alto and U.S., 101.

Last Agent to Sell the Property

Megan Tierney

Keller Williams Palo Alto License #01339212 Listed on: 09/21/2016

Keller Williams Palo Alto

Last Buyer's Agent

Michael Repka

Deleon Realty License #70010006

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $33,554

Year Built

  • Built in 1952

Lot Details

  • 6,229 Sq Ft Lot
  • Wood Fence
  • Level Lot
  • Sprinklers on Timer
  • Back Yard
  • Zoning described as R1

Parking

  • 1 Car Garage
  • Secured Garage or Parking

Home Design

  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,096 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Double Pane Windows
  • Combination Dining and Living Room
  • Crawl Space
  • Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Range Hood
  • Dishwasher
  • Formica Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Pool

  • In Ground Pool
  • Pool Sweep

Outdoor Features

  • Deck
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Thermostat
  • 220 Volts
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 003-50-033

Home Details

Home Type

Single Family

Est. Annual Taxes

$33,554

Year Built

Built in 1952

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Age: 64
  • Listing Class: Residential
  • Structure Sq Ft: 1096
  • Year Built: 1952
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining Area in Living Room, Eat in Kitchen
  • Kitchen: 220 Volt Outlet, Countertop - Formica, Dishwasher, Garbage Disposal, Hood Over Range, Oven - Gas, Oven Range, Refrigerator
  • Living Sq Ft: 1096
  • Stories: 1
  • Security: Secured Garage / Parking
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Vinyl / Linoleum
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab, Crawl Space
  • Pool Description: Pool - In Ground, Pool - Sweep
  • Roof: Composition, Shingle
  • Yard/Grounds: Back Yard, Deck, Fenced, Sprinklers - Auto, Storage Shed / Structure
  • Pool: Yes
  • Fencing: Wood
  • Construction Type: Wood

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 4
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Central Forced Air - Gas
  • Heating System: Central Forced Air - Gas, Electric
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: Palo Alto Unified
  • Elementary School: Duveneck Elementary
  • Middle School: David Starr Jordan Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 311
  • Middle School: 329

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 003-50-033
  • Lot Acres: 0.1430
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6230.40
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6230.40

Green Features

  • Energy Features: Double Pane Windows, Thermostat Controller

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Duveneck Elementary
  • High School Text: Palo Alto High
  • Middle School Text: David Starr Jordan Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2016
Closed on
Oct 4, 2016
Sold by
Hobson Thomas D and Wall Nancy R
Bought by
Huang George Zhanxu
Seller's Agent
Megan Tierney
Keller Williams Palo Alto
Buyer's Agent
Michael Repka
Deleon Realty
List Price
$1,988,000
Sold Price
$2,435,000
Premium/Discount to List
$447,000
22.48%
Current Estimated Value
$3,572,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,137,271
Avg. Annual Appreciation
4.06%

Purchase Details

Closed on
Jun 7, 2007
Sold by
Hobson Rosemary
Bought by
Hobson Rosemary
Source: Public Records

Range of Values:

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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
Huang George Zhanxu $2,435,000 Chicago Title Company
Hobson Rosemary -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huang George Zhanxu $2,026,500
Closed Huang George Zhanxu $1,948,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2016 10/12/16 Sold $2,435,000 +22.5% $2,222 / Sq Ft
09/28/2016 09/28/16 Pending -- -- --
09/21/2016 09/21/16 For Sale $1,988,000 0.0% $1,814 / Sq Ft
10/14/2014 10/14/14 Rented $4,250 -8.6% --
10/14/2014 10/14/14 Under Contract -- -- --
09/22/2014 09/22/14 For Rent $4,650 -- --
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 $33,554 $2,770,608 $2,679,585 $91,023
2023 $33,061 $2,716,284 $2,627,045 $89,239
2022 $32,680 $2,663,025 $2,575,535 $87,490
2021 $32,037 $2,610,810 $2,525,035 $85,775
2020 $31,374 $2,584,040 $2,499,144 $84,896
2019 $31,029 $2,533,374 $2,450,142 $83,232
2018 $30,175 $2,483,700 $2,402,100 $81,600
2017 $29,646 $2,435,000 $2,355,000 $80,000
2016 $1,834 $80,751 $39,403 $41,348
2015 $1,809 $79,539 $38,812 $40,727
2014 $954 $77,982 $38,052 $39,930
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Megan Tierney

    Keller Williams Palo Alto

    Section Image
  • Michael Repka

    Buyer's Agent in 2016

    Michael Repka

    Deleon Realty

    (650) 488-7325

    47 in this area

    782 Total Sales

    Section Image
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Map

Source: MLSListings

MLS Number: ML81615384

MLSListings

APN: 003-50-033

California Santa Clara County Palo Alto 94303 Old Palo Alto

38 Morton Way, Palo Alto, CA

This home is located at 38 Morton Way, Palo Alto, CA 94303 since 21 September 2016 and is currently estimated at $3,503,110, approximately $3,196 per square foot. This property was built in 1952. 38 Morton Way is a home located in Santa Clara County with nearby schools including Duveneck Elementary School, Frank S. Greene Jr. Middle, and Palo Alto High School.

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