NOT LISTED FOR SALE

Estimated Value: $5,078,000 - $5,498,000

4 Beds
3 Baths
2,734 Sq Ft
$1,963/Sq Ft Est. Value

Last Sold October 29, 2021

Last sale price $4,880,000 $1,785 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $33,648/month

24 Days on Market

Highlights

  • Wood Flooring
  • Formal Dining Room
  • 1 Car Attached Garage
  • El Carmelo Elementary School Rated A+
  • Open to Family Room
  • 4-minute walk to Hoover Park

About This Home

As of October 2021

Beautiful Craftsman style house in the sought-after Mid-town location. Chef's kitchen equipped with Subzero refrigeration, Wolf Range, warming drawer, and pot filler. Flexible floor plan with a separate living room, a mudroom outfitted with organized storage, a main level office/bedroom suite with separate access, a spacious great room and kitchen opens to the outdoor living areas, including dining patio with built-in gas grill, heated lounge area with Hot Springs spa, as well as conversation area around the built-in gas fire pit. Central heating/cooling, built-in central vacuum system, and motorized Hunter Douglas window blinds. This home blends traditional design with modern amenities including luxury, technology, and energy efficient features. Easy to maintain front yard and backyard with native California plants. Must see to appreciate! Award winning schools: El Carmelo ES, Jane Lathrop Stanford MS & Palo Alto HS.

Last Agent to Sell the Property

Chloe Mei

Scope Real Estate License #01936459 Listed on: 09/07/2021

Co-Listed By

Cici Jiang

Scope Real Estate License #01941210

Last Buyer's Agent

Susanna Wong

Realty One Group Infinity License #01155469

Realty One Group Infinity

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $60,558

Year Built

  • 2012

Lot Details

  • 7,793

Parking

  • 1 Car Attached Garage

Home Design

  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,734 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Open to Family Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • 7,793 Sq Ft Lot
  • Forced Air Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$60,558

Year Built

2012

Lot Details

0

Parking

1

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Age: 9
  • Listing Class: Residential
  • Structure Sq Ft: 2734
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2012

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Living Room
  • Dining Room: Formal Dining Room
  • Fireplace: Yes
  • Living Sq Ft: 2734
  • Stories: 2
  • Flooring: Hardwood
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bedrooms: 4

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition, Shingle

Garage/Parking

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

Utilities

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

Schools

  • School District: Palo Alto Unified

Lot Info

  • Lot Acres: 0.1789
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7793.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7793.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2021
Closed on
Oct 18, 2021
Sold by
Wang Mengqiu and Chen Xi
Bought by
Zhang Caijie and Wang Jia
Seller's Agent
Chloe Mei
Scope Real Estate
Buyer's Agent
Susanna Wong
Realty One Group Infinity
List Price
$4,980,000
Sold Price
$4,880,000
Premium/Discount to List
-$100,000
-2.01%
Current Estimated Value
$5,368,073

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$488,073
Avg. Annual Appreciation
1.69%
Original Mortgage
$3,660,000
Outstanding Balance
$3,300,399
Interest Rate
1.75%
Mortgage Type
New Conventional
Estimated Equity
$1,905,834

Purchase Details

Closed on
Mar 28, 2017
Sold by
Szecsei Debra Anne
Bought by
Wang Mengqiu and Ghen Xi

Purchase Details

Closed on
Jul 20, 2006
Sold by
Szecsei Debra Anne
Bought by
Szecsei Debra Anne

Purchase Details

Closed on
Apr 29, 2005
Sold by
Woods David Michael
Bought by
Szecsel Debra Anne

Purchase Details

Closed on
Mar 22, 2004
Sold by
Alexander Jocelyn B
Bought by
Alexander Jocelyn B

Purchase Details

Closed on
Jun 30, 2003
Sold by
Alexander Peter and Alexander Jocelyn
Bought by
Alexander Peter and Alexander Jocelyn B

Purchase Details

Closed on
Jul 20, 1998
Sold by
Lloyd Banta and Cassandra Dey
Bought by
Alexander Peter and Alexander Jocelyn
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
Zhang Caijie $4,880,000 Orange Coast Ttl Co Of Nocal
Wang Mengqiu $4,100,000 Chicago Title Company
Szecsei Debra Anne -- None Available
Szecsel Debra Anne -- First American Title Company
Szecsei Debra Anne $1,165,000 First American Title Company
Alexander Jocelyn B -- --
Alexander Jocelyn B -- --
Alexander Peter -- --
Alexander Peter $620,500 American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Caijie $3,660,000
Previous Owner Banta Lloyd $252,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2021 10/29/21 Sold $4,880,000 -2.0% $1,785 / Sq Ft
10/01/2021 10/01/21 Pending -- -- --
09/07/2021 09/07/21 For Sale $4,980,000 -- $1,822 / 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 $60,558 $5,178,695 $3,714,228 $1,464,467
2024 $60,558 $5,077,152 $3,641,400 $1,435,752
2023 $59,671 $4,977,600 $3,570,000 $1,407,600
2022 $59,072 $4,880,000 $3,500,000 $1,380,000
2021 $53,289 $4,396,027 $3,152,273 $1,243,754
2020 $52,174 $4,350,952 $3,119,951 $1,231,001
2019 $51,604 $4,265,640 $3,058,776 $1,206,864
2018 $50,169 $4,182,000 $2,998,800 $1,183,200
2017 $26,219 $2,144,522 $1,110,965 $1,033,557
2016 $25,451 $2,102,474 $1,089,182 $1,013,292
2015 $25,202 $2,070,894 $1,072,822 $998,072
2014 $24,689 $2,030,329 $1,051,807 $978,522
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81856270

MLSListings

APN: 132-14-001