NOT LISTED FOR SALE

3879 Magnolia Dr Palo Alto, CA 94306

Barron Park Neighborhood

Estimated Value: $4,495,000 - $4,791,000

4 Beds
3.5 Baths
2,493 Sq Ft
$1,849/Sq Ft Est. Value

Last Sold April 11, 2016

Last sale price $3,200,000 $1,284 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $28,628/month

9 Days on Market

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • Mediterranean Architecture
  • Barron Park Elementary School Rated A+
  • Hydromassage or Jetted Bathtub
  • 2 Fireplaces

About This Home

As of April 2016

This beautiful 3 year old home of 4BR, 3.5BT plus study/office rests on a tranquil loop of Magnolia Drive in Barron Park. From its sheltered front porch behind a stone-capped sitting wall the arched entrance invites you in under a vaulted living room and an elegant scalloped tray ceiling in the dining room. The home's luxurious formality in front is balanced by a comfortable ambience to the rear of the house in the open design of chef's kitchen, family room and generously-sized breakfast nook wrapped on two sides by deep bench seating in paired corner bay windows. Solid red oak hardwood floors, skylights, main floor en-suite BR, side-lighted French doors open from the family room onto the broad rear portico and down to the sunny pavered patio & rear lawn - a perfectly integrated design for living, working & entertaining. Close to all the variety of shops & restaurants & to the weekly farmers' market and other amenities in Palo Alto's 2nd downtown along California Avenue.

Last Agent to Sell the Property

Lan Bowling

Keller Williams Palo Alto License #01248958 Listed on: 03/24/2016

Keller Williams Palo Alto

Last Buyer's Agent

Kay Wang

Compass License #01936871

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $44,549

Year Built

  • Built in 2013

Lot Details

  • Sprinklers on Timer
  • Back Yard Fenced
  • Zoning described as R1

Parking

  • 1 Car Attached Garage

Home Design

  • Mediterranean Architecture
  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,493 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Skylights
  • 2 Fireplaces
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Combination Dining and Living Room
  • Den
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Dual Flush Toilets
  • Low Flow Toliet
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Home Security

  • Security Lights
  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

  • Balcony

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Vented Exhaust Fan
  • 220 Volts
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 137-12-058

Home Details

Home Type

Single Family

Est. Annual Taxes

$44,549

Year Built

Built in 2013

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Mediterranean
  • Age: 3
  • Listing Class: Residential
  • Structure Sq Ft: 2493
  • Year Built: 2013
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Starter
  • Dining Room: Breakfast Nook, Dining Area in Living Room
  • Kitchen: 220 Volt Outlet, Cooktop - Gas, Countertop - Other, Dishwasher, Exhaust Fan, Garbage Disposal, Island, Microwave, Oven - Electric, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 2493
  • Stories: 2
  • Security: Fire Alarm, Fire System - Sprinkler, Security Lights
  • Laundry: Hookup - Washer/Dryer
  • Flooring: Carpet, Hardwood, Tile
  • Additional Rooms: Den / Study / Office
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Dual Flush Toilet, Shower and Tub, Stall Shower, Tile, Tub with Jets
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Tile
  • Yard/Grounds: Back Yard, Balcony / Patio, Sprinklers - Auto
  • Fencing: Fenced Back

Garage/Parking

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

Utilities

  • Cooling System: Central AC, Multi-Zone
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Skylight, Vaulted Ceiling, Walk-in Closet

Schools

  • School District: Palo Alto Unified
  • Elementary School: Barron Park Elementary
  • Middle School: Terman Middle
  • High School: Henry M. Gunn High
  • High School: 325
  • Elementary School: 310
  • Middle School: 323

Lot Info

  • Parcel Number: 137-12-058
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6542.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6542.00

Green Features

  • Energy Features: Double Pane Windows, Low Flow Toilet, Skylight, Tankless Water Heater

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Barron Park Elementary
  • High School Text: Henry M. Gunn High
  • Middle School Text: Terman Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2016
Sold by
Chen Dinghong
Bought by
Chen Dinghong
Current Estimated Value
$4,608,462

Purchase Details

Listed on
Mar 24, 2016
Closed on
Apr 4, 2016
Sold by
Gao Wei Qiang and Zheng Junjie Lisa
Bought by
Chen Dinghong
Seller's Agent
Lan Bowling
Keller Williams Palo Alto
Buyer's Agent
Kay Wang
Compass
List Price
$3,280,000
Sold Price
$3,200,000
Premium/Discount to List
-$80,000
-2.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.95%

Purchase Details

Closed on
Dec 2, 2013
Sold by
Gao Wei Qiang and Zheng Junjie Lisa
Bought by
The Gao Family Trust and Zheng Junjie Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
2.26%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 2, 2012
Sold by
Zheng Junjie Lisa
Bought by
Gao Wei Qiang and Zheng Junjie Lisa

Purchase Details

Closed on
Nov 3, 2011
Sold by
Ange Gerard and Hoyer Elizabeth G
Bought by
Zheng Junjie Lisa

Purchase Details

Closed on
Mar 8, 2011
Sold by
Greco Yolande
Bought by
Ange Gerard and Hoyer Elizabeth G

Purchase Details

Closed on
Aug 30, 2005
Sold by
Greco Yolande
Bought by
Greco Yolande and Hoyer Elizabeth
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 Dinghong -- None Available
Chen Dinghong $3,200,000 Chicago Title Company
The Gao Family Trust -- Accommodation
Gao Wei Qiang -- Chicago Title Company
Gao Wei Qiang -- North American
Zheng Junjie Lisa $1,080,000 North American Title Company
Ange Gerard -- North American Title Company
Greco Yolande -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gao Wei Qiang $850,000
Previous Owner Gao Wei Qiang $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2016 04/11/16 Sold $3,200,000 -2.4% $1,284 / Sq Ft
04/03/2016 04/03/16 Pending -- -- --
03/24/2016 03/24/16 For Sale $3,280,000 -- $1,316 / 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 $44,549 $3,788,145 $2,604,351 $1,183,794
2024 $44,549 $3,713,869 $2,553,286 $1,160,583
2023 $43,895 $3,641,049 $2,503,222 $1,137,827
2022 $43,390 $3,569,657 $2,454,140 $1,115,517
2021 $42,535 $3,499,665 $2,406,020 $1,093,645
2020 $41,648 $3,463,782 $2,381,350 $1,082,432
2019 $41,190 $3,395,865 $2,334,657 $1,061,208
2018 $40,048 $3,329,280 $2,288,880 $1,040,400
2017 $39,345 $3,264,000 $2,244,000 $1,020,000
2016 $26,432 $2,186,157 $1,145,922 $1,040,235
2015 $26,174 $2,153,320 $1,128,710 $1,024,610
2014 $25,645 $2,111,141 $1,106,601 $1,004,540
Source: Public Records

Agents Affiliated with this Home

  • Lan Bowling

    Seller's Agent in 2016

    Lan Bowling

    Keller Williams Palo Alto

    (650) 520-3407

    2 in this area

    102 Total Sales

    Lan Bowling
    Section Image

  • K

    Buyer's Agent in 2016

    Kay Wang

    Compass

    Section Image
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Map

Source: MLSListings

MLS Number: ML81576693

MLSListings

APN: 137-12-058

California Santa Clara County Palo Alto 94306 Barron Park

3879 Magnolia Dr, Palo Alto, CA

This home is located at 3879 Magnolia Dr, Palo Alto, CA 94306 since 24 March 2016 and is currently estimated at $4,608,462, approximately $1,848 per square foot. This property was built in 2013. 3879 Magnolia Dr is a home located in Santa Clara County with nearby schools including Barron Park Elementary School, Ellen Fletcher Middle, and Henry M. Gunn High School.

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