NOT LISTED FOR SALE

3940 Louis Rd Palo Alto, CA 94303

Adobe Meadow-Meadow Park Neighborhood

Estimated Value: $3,022,000 - $4,391,000

4 Beds
2 Baths
1,717 Sq Ft
$2,278/Sq Ft Est. Value

Last Sold January 18, 2022

Last sale price $4,100,000 $2,388 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $25,014/month

5 Days on Market

Highlights

  • Primary Bedroom Suite
  • Skyline View
  • Wood Flooring
  • Fairmeadow Elementary School Rated A+
  • Eichler Home
  • Quartz Countertops

About This Home

As of January 2022

Freshly remodeled with elegance and refinement in mind, Joseph Eichler would be proud of what the owner has created. This mid-century modern single-level home resides on a majestic tree lined street, where welcoming Palo Alto neighbors exemplify the notion of community. Beautifully remodeled with attention to detail, this immaculate 4-bedroom 2-bathroom home offers a tasteful, bright living space. The sophisticated layout is stylish and chic with an open arrangement of sun-lit rooms unified by richly colored hardwood floors and a soothing color palette allowing for flexibility and comfort. The heart of the home is appointed with a welcoming open chefs kitchen with peninsula seating and family room ensemble that easily flows out to the beautiful backyard retreat. With easy access to the best of peninsula living: shopping, dining, commute routes and more, you're centrally located within a wonderful neighborhood community offering an amazing quality of life.

Last Agent to Sell the Property

Tom Correia

Intero Real Estate Services License #01352555 Listed on: 12/01/2021

Intero Real Estate Services

Last Buyer's Agent

MiMi Trieu

Redfin License #01951415

Redfin

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $50,141

Year Built

  • 1957

Lot Details

  • 6,499 Sq Ft Lot
  • Sprinklers on Timer
  • Grass Covered Lot
  • Back Yard Fenced

Parking

  • 1 Car Attached Garage
  • 1 Carport Space

Property Views

  • Skyline
  • Neighborhood

Home Design

  • Eichler Home
  • Slab Foundation
  • Foam Roof

Interior Spaces

  • 1,717 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Skylights in Kitchen
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Oven
  • Range Hood
  • Ice Maker
  • Dishwasher
  • Quartz Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Washer and Dryer

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Heat Pump System
  • Vented Exhaust Fan
  • Separate Meters
  • 220 Volts
  • Individual Gas Meter

Home Details

Home Type

Single Family

Est. Annual Taxes

$50,141

Year Built

1957

Lot Details

0

Parking

1

Listing Details

  • Zoning: R1B8
  • Subclass: Single Family Home
  • Style: Eichler
  • Age: 64
  • Listing Class: Residential
  • Structure Sq Ft: 1717
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1957

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Living Room, Wood Burning
  • Dining Room: Breakfast Bar, Dining Area, Eat In Kitchen, No Formal Dining Room, Skylight
  • Kitchen: 220 Volt Outlet, Countertop - Quartz, Dishwasher, Exhaust Fan, Hood Over Range, Ice Maker, Oven Range - Electric, Refrigerator, Skylight
  • Fireplace: Yes
  • Living Sq Ft: 1717
  • Stories: 1
  • Bedrooms: Ground Floor Bedroom, More Than One Bedroom On Ground Floor, Primary Suite / Retreat
  • Laundry: Electricity Hookup (110V), Electricity Hookup (220V), Inside, Washer / Dryer
  • Flooring: Tile, Wood
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Bathroom: Full On Ground Floor, Oversized Tub, Primary - Stall Shower(s), Shower Over Tub - 1, Skylight

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Foam
  • View: Neighborhood
  • Yard/Grounds: Back Yard, Fenced, Low Maintenance, Sprinklers - Auto
  • Fencing: Fenced Back, Wood
  • Construction Type: Wood

Garage/Parking

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

Utilities

  • Cooling System: Central Ac, Multi-Zone
  • Heating System: Electric, Forced Air, Heat Pump
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Open Beam Ceiling

Schools

  • School District: Palo Alto Unified
  • Elementary School: Herbert Hoover Elementary
  • Middle School: Jane Lathrop Stanford Middle
  • High School: Henry M. Gunn High
  • High School: 325
  • Elementary School: 316
  • Middle School: 322

Lot Info

  • 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

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Natural Gas, Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2021
Closed on
Jan 11, 2022
Sold by
Francesca Milone 2016 Revocable Trust
Bought by
Romanescu Lee Family Trust
Seller's Agent
Tom Correia
Intero Real Estate Services
Buyer's Agent
MiMi Trieu
Redfin
List Price
$2,798,000
Sold Price
$4,100,000
Premium/Discount to List
$1,302,000
46.53%
Current Estimated Value
$3,910,744

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$189,256
Avg. Annual Appreciation
-1.29%
Original Mortgage
$3,280,000
Outstanding Balance
$3,026,772
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$883,972

Purchase Details

Closed on
Sep 2, 2020
Sold by
Milone Vincent Michael and Milone Pauline Dublin
Bought by
Vincent M Milone And Pauline D Milone 19 and Milone

Purchase Details

Closed on
Aug 24, 2020
Sold by
Milone Maria Francesca
Bought by
Milone Francesca and Francesca Milone 2016 Revocable Trust

Purchase Details

Closed on
Feb 24, 2015
Sold by
Milone Vincent M and Milone Pauline D
Bought by
Milone Vincent M and Milone Pauline D

Purchase Details

Closed on
May 15, 2009
Sold by
Milone Vincent and Milone Pauline
Bought by
Milone Vincent M and Milone Pauline D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 2003
Sold by
Milone Vincent M and Milone Pauline D
Bought by
Milone Vincent M and Milone Pauline D
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Romanescu Lee Family Trust $4,100,000 First American Title
Vincent M Milone And Pauline D Milone 19 -- --
Milone Francesca -- None Listed On Document
Milone Maria Francesca -- None Listed On Document
Milone Vincent M -- None Available
Milone Vincent M -- Servicelink
Milone Vincent -- Servicelink
Milone Vincent M -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Romanescu Lee Family Trust $3,280,000
Previous Owner Milone Francesca $250,000
Previous Owner Milone Vincent $164,000
Previous Owner Milone Vincent M $160,000
Previous Owner Milone Vincent M $265,000
Previous Owner Milone Vincent M $265,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2022 01/18/22 Sold $4,100,000 +46.5% $2,388 / Sq Ft
12/07/2021 12/07/21 Pending -- -- --
12/01/2021 12/01/21 For Sale $2,798,000 -- $1,630 / 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 $50,141 $4,350,952 $3,820,348 $530,604
2024 $50,141 $4,265,640 $3,745,440 $520,200
2023 $49,410 $4,182,000 $3,672,000 $510,000
2022 $2,522 $201,325 $80,523 $120,802
2021 $2,471 $197,379 $78,945 $118,434
2020 $2,337 $195,356 $78,136 $117,220
2019 $2,312 $191,526 $76,604 $114,922
2018 $2,260 $187,771 $75,102 $112,669
2017 $2,219 $184,090 $73,630 $110,460
2016 $2,148 $180,482 $72,187 $108,295
2015 $2,127 $177,772 $71,103 $106,669
2014 $2,094 $174,291 $69,711 $104,580
Source: Public Records

Agents Affiliated with this Home

  • Tom Correia

    Seller's Agent in 2022

    Tom Correia

    Intero Real Estate Services

    (650) 823-5441

    1 in this area

    30 Total Sales

    Tom Correia
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81871527

MLSListings

APN: 127-14-079

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

3940 Louis Rd, Palo Alto, CA

This home is located at 3940 Louis Rd, Palo Alto, CA 94303 since 01 December 2021 and is currently estimated at $3,910,744, approximately $2,277 per square foot. This property was built in 1957. 3940 Louis Rd 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLSListings Property Information © 2025 MLSListings Inc. All rights reserved. Listing information is deemed reliable but not guaranteed. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSListings Inc. The viewer acknowledges ownership and validity of its copyright. Information provided is for personal, non-commercial use by a viewer with a bona fide interest in the purchase or sale of real estate of the type being offered via this website or other electronic means. The viewer is prohibited from copying, redistributing or retransmitting any of the data or information provided by MLSListing, Inc.

Nearby Homes