NOT LISTED FOR SALE

3986 Bibbits Dr Palo Alto, CA 94303

Adobe Meadow-Meadow Park Neighborhood

Estimated Value: $3,289,459 - $3,679,000

4 Beds
2 Baths
1,717 Sq Ft
$2,029/Sq Ft Est. Value

Last Sold May 03, 2016

Last sale price $2,250,000 $1,310 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $21,474/month

6 Days on Market

Highlights

  • Eichler Home
  • Vaulted Ceiling
  • Corian Countertops
  • Fairmeadow Elementary School Rated A+
  • Wood Flooring
  • Built-In Self-Cleaning Double Oven

About This Home

As of May 2016

Beautiful Eichler on quiet cul-de-sac features generous rooms with vaulted ceilings, copious natural light, formal living room, spacious kitchen with attached family room and dining room, and attached 1-car garage plus 1-car carport. Gleaming hardwood floors in the common areas. 4 large bedrooms, master has access to beautifully landscaped backyard and tranquil koi pond. Updated bathrooms, fresh paint, and newer carpet in bedrooms. Inside laundry. Top ranked Palo Alto schools. Great location near shops, park, restaurants, highway access, and public transportation.

Last Agent to Sell the Property

Carol Borison

Compass License #01880666 Listed on: 04/13/2016

Compass

Last Buyer's Agent

Steve Niethammer

Zane MacGregor License #01311853

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,683

Year Built

  • Built in 1957

Lot Details

  • 6,621 Sq Ft Lot
  • Kennel or Dog Run
  • Back Yard Fenced
  • Level Lot
  • Sprinklers on Timer
  • Drought Tolerant Landscaping
  • Zoning described as R1B8

Parking

  • 1 Car Attached Garage
  • 1 Carport Space
  • Garage Door Opener
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Eichler Home
  • Slab Foundation
  • Ceiling Insulation

Interior Spaces

  • 1,717 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Family or Dining Combination

Kitchen

  • Open to Family Room
  • Built-In Self-Cleaning Double Oven
  • Electric Oven
  • Electric Cooktop
  • Dishwasher
  • Corian Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Bathtub Includes Tile Surround

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Shed

Utilities

  • Cooling System Mounted To A Wall/Window
  • Vented Exhaust Fan
  • Radiant Heating System
  • Thermostat

Listing and Financial Details

  • Assessor Parcel Number 127-14-025

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,683

Year Built

Built in 1957

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Eichler
  • Age: 59
  • Listing Class: Residential
  • Structure Sq Ft: 1717
  • Year Built: 1957
  • Zoning Description: R1B8
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo, Separate Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining Area in Family Room
  • Kitchen: Cooktop - Electric, Countertop - Solid Surface / Corian, Dishwasher, Exhaust Fan, Oven - Built-In, Oven - Double, Oven - Electric, Oven - Self Cleaning, Refrigerator
  • Living Sq Ft: 1717
  • Stories: 1
  • Laundry: Dryer, Washer
  • Flooring: Carpet, Hardwood, Tile
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Bathroom: Shower and Tub, Tile, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Yard/Grounds: Balcony / Patio, Dog Run / Kennel, Drought Tolerant Plants, Fenced, Sprinklers - Auto, Sprinklers - Lawn, Storage Shed / Structure
  • Fencing: Fenced Back

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 2
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Attached Garage, Carport, Gate / Door Opener, Off-Street Parking, On Street
  • Carport Min: 1

Utilities

  • Cooling System: Ceiling Fan, Window / Wall Unit
  • Heating System: Radiant
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Vaulted Ceiling

Schools

  • School District: Palo Alto Unified
  • Elementary School: Fairmeadow Elementary
  • Middle School: Jane Lathrop Stanford Middle
  • High School: Henry M. Gunn High
  • High School: 325
  • Elementary School: 314
  • Middle School: 322

Lot Info

  • Lot Description: Grade - Level, Regular
  • Parcel Number: 127-14-025
  • Lot Acres: 0.1520
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6600.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6600.00

Green Features

  • Energy Features: Ceiling Insulation, Thermostat Controller

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Fairmeadow Elementary
  • High School Text: Henry M. Gunn High
  • Middle School Text: Jane Lathrop Stanford Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2016
Closed on
Apr 26, 2016
Sold by
Rich Alan C and Rich Rebecca K
Bought by
Sun Mamei
Seller's Agent
Carol Borison
Compass
Buyer's Agent
Steve Niethammer
Zane MacGregor
List Price
$1,998,000
Sold Price
$2,250,000
Premium/Discount to List
$252,000
12.61%
Current Estimated Value
$3,483,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,233,615
Avg. Annual Appreciation
4.78%
Original Mortgage
$1,575,000
Interest Rate
3.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 20, 2009
Sold by
Rich Alan C and Rich Rebecca K
Bought by
Rich Alan C and Rich Rebecca K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
4.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 1994
Sold by
Rich Alan C and Frazier Rebecca K
Bought by
Rich Alan C and Frazier Rebecca K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Interest Rate
3.62%
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
Sun Mamei $2,250,000 Cornerstone Title Company
Rich Alan C -- Stewart Title Of California
Rich Alan C -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sun Mamei $975,000
Closed Sun Mamei $1,575,000
Previous Owner Rich Alan C $350,000
Previous Owner Rich Alan C $360,000
Previous Owner Rich Alan C $168,000
Previous Owner Rich Alan C $277,440
Previous Owner Rich Alan C $75,000
Previous Owner Rich Alan C $305,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2016 05/03/16 Sold $2,250,000 +12.6% $1,310 / Sq Ft
04/20/2016 04/20/16 Pending -- -- --
04/13/2016 04/13/16 For Sale $1,998,000 -- $1,164 / 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 $31,683 $2,663,538 $2,397,187 $266,351
2024 $31,683 $2,611,313 $2,350,184 $261,129
2023 $31,218 $2,560,111 $2,304,102 $256,009
2022 $30,857 $2,509,914 $2,258,924 $250,990
2021 $30,250 $2,460,701 $2,214,632 $246,069
2020 $29,625 $2,435,470 $2,191,924 $243,546
2019 $29,299 $2,387,717 $2,148,946 $238,771
2018 $28,494 $2,340,900 $2,106,810 $234,090
2017 $27,995 $2,295,000 $2,065,500 $229,500
2016 $8,066 $612,438 $386,884 $225,554
2015 $7,900 $603,239 $381,073 $222,166
2014 $7,667 $591,424 $373,609 $217,815
Source: Public Records

Agents Affiliated with this Home

  • Carol Borison

    Seller's Agent in 2016

    Carol Borison

    Compass

    (650) 303-9569

    41 Total Sales

    Carol Borison
    Section Image
  • Steve Niethammer

    Buyer's Agent in 2016

    Steve Niethammer

    Zane MacGregor

    (650) 520-6290

    21 Total Sales

    Steve Niethammer
    Section Image
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Map

Source: MLSListings

MLS Number: ML81579915

MLSListings

APN: 127-14-025

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

3986 Bibbits Dr, Palo Alto, CA

This home is located at 3986 Bibbits Dr, Palo Alto, CA 94303 since 13 April 2016 and is currently estimated at $3,483,615, approximately $2,028 per square foot. This property was built in 1957. 3986 Bibbits Dr 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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