NOT LISTED FOR SALE

3886 Magnolia Dr Palo Alto, CA 94306

Barron Park Neighborhood

Estimated Value: $3,360,000 - $3,798,974

3 Beds
2 Baths
2,032 Sq Ft
$1,776/Sq Ft Est. Value

Last Sold October 21, 2014

Last sale price $1,900,000 $935 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $21,865/month

18 Days on Market

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • Neighborhood Views
  • Barron Park Elementary School Rated A+
  • Main Floor Bedroom
  • Covered Patio or Porch

About This Home

As of October 2014

Welcome this 2032 square foot home located in sought after Barron Park on a huge 8,100 square foot lot, featuring three bedrooms, two full bathrooms. The home offers a light filled living/dining room, along with a spacious family room with exposed beams and wood burning fireplace. Nicely sized backyard with patio area, ideal for outdoor entertaining and play. Excellent Palo Alto schools.

Last Agent to Sell the Property

Loren Dakin

Coldwell Banker License #01030193 Listed on: 09/10/2014

Coldwell Banker

Last Buyer's Agent

Eric Fischer-Colbrie

Intero Real Estate Services License #00922040

Intero Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,225

Year Built

  • Built in 1948

Lot Details

  • Fenced
  • Level Lot
  • Zoning described as R1

Parking

  • 2 Car Detached Garage
  • 1 Carport Space

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,032 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Neighborhood Views
  • Partial Basement

Kitchen

  • Eat-In Kitchen
  • Cooktop
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Loft Bedroom
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 137-12-050

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,225

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 66
  • Sale Price Per Sq Ft: 935.04
  • Level Street Main: Bedroom(s)
  • Listing Class: Residential
  • Structure Sq Ft: 2032
  • Incorporated: Yes
  • Map Book Page: 811
  • Map Side Coordinate: 2
  • Map Top Coordinate: C
  • Thomas Bros Page: 811
  • Thomas Brothers: C2
  • Year Built: 1948
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Living Room, Wood Burning, Yes
  • Dining Room: Dining Area in Living Room, Eat in Kitchen
  • Kitchen: Dishwasher, Cooktop, Refrigerator, Ovens - 2+
  • Living Sq Ft: 2032
  • Stories: 2
  • Bedrooms: Ground Floor Bedroom, Loft Bedroom
  • Flooring: Carpet - Wall to Wall, Hardwood, Vinyl / Linoleum
  • Additional Rooms: Basement - Partial
  • Maximum Bathrooms: 2
  • Maximum Numberof Bedrooms: 3
  • Minimum Bathrooms: 2
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Pool - No
  • Roof: Composition
  • View: Local/Neighborhood
  • Yard/Grounds: Patio(s)/Deck(s) - Covered, Fenced
  • Exterior: Stucco

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Detached Garage
  • Carport Max: 1
  • Carport Min: 1

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Vaulted Ceiling

Schools

  • School District: Palo Alto Unified

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 137-12-050
  • List Price per Sq Ft: 983.27
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8100.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 8100.00
  • Lot Size Area Min Search: 8100.00
  • Maximum Lot Size: 8100.00
  • Map Book: Thomas Bros

Green Features

  • Energy Features: Ceiling Fan(s)

Multi Family

  • Maximum Building Height: 2
  • Minimum Building Height: 2

MLS Schools

  • High School District Text: Palo Alto Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2014
Closed on
Oct 20, 2014
Sold by
Oeschger Joseph E and Oeschger Alice M
Bought by
The Petersen Family Revocable Trust 2014 and Petersen Colleen
Seller's Agent
Loren Dakin
Coldwell Banker
Buyer's Agent
Eric Fischer-Colbrie
Intero Real Estate Services
List Price
$1,998,000
Sold Price
$1,900,000
Premium/Discount to List
-$98,000
-4.9%
Current Estimated Value
$3,609,244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,709,244
Avg. Annual Appreciation
6.07%
Original Mortgage
$100,000
Interest Rate
4.2%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 7, 1999
Sold by
Oeschger Alice M and Oeschger Joseph E
Bought by
Oeschger Joseph E and Oeschger Alice M
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
The Petersen Family Revocable Trust 2014 $1,900,000 First American Title Company
Oeschger Joseph E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Petersen Joseph E $1,560,000
Closed Petersen Joseph E $1,140,599
Closed Petersen Joseph E $1,570,000
Closed The Petersen Family Revocable Trust 2014 $100,000
Closed The Petersen Family Revocable Trust 2014 $1,520,000
Previous Owner Oeschger Joseph E $707,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2014 10/21/14 Sold $1,900,000 -4.9% $935 / Sq Ft
09/28/2014 09/28/14 Pending -- -- --
09/10/2014 09/10/14 For Sale $1,998,000 -- $983 / 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 $28,225 $2,363,098 $1,216,869 $1,146,229
2024 $28,225 $2,316,763 $1,193,009 $1,123,754
2023 $27,809 $2,271,337 $1,169,617 $1,101,720
2022 $27,487 $2,226,802 $1,146,684 $1,080,118
2021 $26,071 $2,109,610 $1,124,200 $985,410
2020 $25,535 $2,087,979 $1,112,673 $975,306
2019 $25,253 $2,047,039 $1,090,856 $956,183
2018 $24,562 $2,006,902 $1,069,467 $937,435
2017 $24,131 $1,967,552 $1,048,498 $919,054
2016 $23,499 $1,928,974 $1,027,940 $901,034
2015 $23,270 $1,900,000 $1,012,500 $887,500
2014 $3,650 $244,982 $74,810 $170,172
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2014

    Loren Dakin

    Coldwell Banker

    Section Image
  • Eric Fischer-Colbrie

    Buyer's Agent in 2014

    Eric Fischer-Colbrie

    Intero Real Estate Services

    (650) 533-7511

    1 in this area

    134 Total Sales

    Eric Fischer-Colbrie
    Section Image
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Map

Source: MLSListings

MLS Number: ML81432977

MLSListings

APN: 137-12-050

California Santa Clara County Palo Alto 94306 Barron Park

3886 Magnolia Dr, Palo Alto, CA

This home is located at 3886 Magnolia Dr, Palo Alto, CA 94306 since 10 September 2014 and is currently estimated at $3,609,244, approximately $1,776 per square foot. This property was built in 1948. 3886 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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