NOT LISTED FOR SALE

3840 Corina Way Palo Alto, CA 94303

Adobe Meadow-Meadow Park Neighborhood

Estimated Value: $2,954,051 - $3,759,000

3 Beds
2 Baths
1,421 Sq Ft
$2,308/Sq Ft Est. Value

Last Sold December 14, 2022

Last sale price $2,902,000 $2,042 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $20,842/month

24 Days on Market

Highlights

  • Primary Bedroom Suite
  • Deck
  • Granite Countertops
  • Fairmeadow Elementary School Rated A+
  • Wood Flooring
  • 5-minute walk to Ramos Park

About This Home

As of December 2022

Wonderful, light and bright home on a quiet, low traffic street. Centrally located near parks, schools, the Mitchell Park library and much more. Open floor plan featuring spacious family room and living room, and walls of windows overlooking the freshly landscaped backyard. Quality throughout including hardwood floors, dual pane windows and remodeled bathrooms. Ready to move in and enjoy with abundant upside opportunity!

Last Agent to Sell the Property

Joann Weber

Midtown Realty License #01896750 Listed on: 10/20/2022

Co-Listed By

Tim Foy

Midtown Realty License #00849721

Last Buyer's Agent

Jeff Peng

Maxreal License #01838364

Maxreal

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,697

Year Built

  • Built in 1955

Lot Details

  • 6,499 Sq Ft Lot
  • Sprinklers on Timer
  • Back Yard Fenced
  • Zoning described as R1B8

Parking

  • 2 Car Garage

Home Design

  • Pillar, Post or Pier Foundation
  • Tar and Gravel Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 1,421 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Wood Burning Fireplace
  • Double Pane Windows
  • Family or Dining Combination
  • Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Electric Cooktop
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Dual Flush Toilets
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Additional Features

  • Deck
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 127-13-035

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,697

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 67
  • Listing Class: Residential
  • Structure Sq Ft: 1421
  • Year Built: 1955
  • Zoning Description: R1B8
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining Area in Family Room, Eat in Kitchen
  • Kitchen: Cooktop - Electric, Countertop - Granite, Dishwasher, Oven - Self Cleaning, Refrigerator
  • Living Sq Ft: 1421
  • Stories: 1
  • Bedrooms: Primary Suite / Retreat
  • Laundry: Washer / Dryer
  • Flooring: Hardwood, Tile
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Dual Flush Toilet, Shower over Tub - 1, Stall Shower, Tile, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter, Post and Pier
  • Roof: Tar and Gravel
  • Yard/Grounds: Back Yard, Deck, Fenced, Sprinklers - Auto
  • Fencing: Fenced Back
  • 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
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Open Beam Ceiling

Schools

  • School District: Palo Alto Unified

Lot Info

  • Parcel Number: 127-13-035
  • Lot Acres: 0.1492
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6500.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6500.00

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2022
Closed on
Nov 21, 2022
Sold by
2016 Micheline Justman Revocable Trust
Bought by
Chen Yue and Gao Jie
Seller's Agent
Joann Weber
Midtown Realty
Buyer's Agent
Jeff Peng
Maxreal
List Price
$2,950,000
Sold Price
$2,902,000
Premium/Discount to List
-$48,000
-1.63%
Views
20
Current Estimated Value
$3,279,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$377,013
Avg. Annual Appreciation
6.13%
Original Mortgage
$2,031,000
Outstanding Balance
$1,952,640
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$1,454,712

Purchase Details

Listed on
Oct 20, 2022
Closed on
Oct 20, 2022
Sold by
2016 Micheline Justman Revocable Trust
Bought by
2016 Micheline Justman Revocable Trust
Seller's Agent
Joann Weber
Midtown Realty
Buyer's Agent
Jeff Peng
Maxreal
List Price
$2,950,000
Sold Price
$2,902,000
Premium/Discount to List
-$48,000
-1.63%
Views
20

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,031,000
Outstanding Balance
$1,952,640
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$1,454,712

Purchase Details

Closed on
Sep 1, 2016
Sold by
Justman Micheline
Bought by
Justman Micheline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 17, 2016
Sold by
Justman Micheline
Bought by
Justman Micheline Mazza

Purchase Details

Closed on
Oct 7, 1998
Sold by
Norma Justman and Justman Micheline
Bought by
Justman Norma and Justman Micheline
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
Chen Yue $2,902,000 Old Republic Title
2016 Micheline Justman Revocable Trust -- Old Republic Title
Justman Micheline -- North Coast Title Co
Justman Micheline -- North Coast Title Co
Justman Micheline Mazza -- None Available
Justman Norma $174,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Yue $2,031,000
Previous Owner Justman Micheline $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2022 12/14/22 Sold $2,902,000 -1.6% $2,042 / Sq Ft
11/14/2022 11/14/22 Pending -- -- --
10/20/2022 10/20/22 For Sale $2,950,000 -- $2,076 / 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 $35,697 $3,019,240 $2,861,100 $158,140
2024 $35,697 $2,960,040 $2,805,000 $155,040
2023 $35,171 $2,902,000 $2,750,000 $152,000
2022 $2,084 $92,905 $39,159 $53,746
2021 $2,042 $91,085 $38,392 $52,693
2020 $2,017 $90,152 $37,999 $52,153
2019 $1,989 $88,385 $37,254 $51,131
2018 $1,956 $86,653 $36,524 $50,129
2017 $1,920 $84,955 $35,808 $49,147
2016 $1,864 $83,290 $35,106 $48,184
2015 $1,838 $82,040 $34,579 $47,461
2014 $1,704 $80,434 $33,902 $46,532
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Joann Weber

    Midtown Realty

    Section Image
  • Tim Foy

    Seller Co-Listing Agent in 2022

    Tim Foy

    Midtown Realty

    (650) 387-5078

    2 in this area

    94 Total Sales

    Tim Foy
    Section Image
  • Jeff Peng

    Buyer's Agent in 2022

    Jeff Peng

    Maxreal

    (408) 212-8796

    1 in this area

    115 Total Sales

    Jeff Peng
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81911004

MLSListings

APN: 127-13-035

California Santa Clara County Palo Alto 94303 Adobe Meadow-Meadow Park

3840 Corina Way, Palo Alto, CA

This home is located at 3840 Corina Way, Palo Alto, CA 94303 since 20 October 2022 and is currently estimated at $3,279,013, approximately $2,307 per square foot. This property was built in 1955. 3840 Corina Way 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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