NOT LISTED FOR SALE

40 Kent Place Palo Alto, CA 94301

Crescent Park Neighborhood

Estimated Value: $5,530,000 - $6,497,000

4 Beds
2.5 Baths
2,782 Sq Ft
$2,199/Sq Ft Est. Value

Last Sold June 10, 2021

Last sale price $5,250,000 $1,887 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $39,759/month

5 Days on Market

Highlights

  • Primary Bedroom Suite
  • Skyline View
  • Recreation Room
  • Duveneck Elementary School Rated A+
  • Secluded Lot
  • 1-minute walk to Eleanor Pardee Park

About This Home

As of June 2021

Tucked away in a private cul-de-sac located within the Crescent Park neighborhood, 40 Kent Pl is centrally located to top rated schools, easy commuting, Palo Alto's finest eateries, and just steps away from Eleanor Pardee Park. Offering 4 bedrooms, 3 bathrooms, and 2782 square feet of living space, this property has been meticulously cared for and updated throughout. Not to mention, this home has been upgraded with recessed lighting, hardwood and tile flooring, fresh paint, and updated bathrooms. Walking into the chef's kitchen, you will find new cabinetry, quartz countertops, and stainless steel Miele appliances. The upper-level master suite boasts a spacious bedroom, walk in closet, and beautiful master bathroom. On the second level, you will also find 3 additional bedrooms, another updated bathroom, and an oversized balcony overlooking the beautiful neighborhood and park. In the backyard sits a gorgeous oak tree, pavers, and professional landscaping, perfect for entertaining.

Last Agent to Sell the Property

Dominic Gluhaich

Compass License #02092371 Listed on: 04/29/2021

Compass

Last Buyer's Agent

Robert Yu

RE/MAX Real Estate Services License #01022567

RE/MAX Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $66,443

Year Built

  • 1938

Lot Details

  • 7,205 Sq Ft Lot
  • Wood Fence
  • Secluded Lot
  • Level Lot
  • Sprinklers on Timer
  • Back Yard

Parking

  • 2 Car Garage
  • Electric Vehicle Home Charger

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,782 Sq Ft Home
  • 2-Story Property
  • Entertainment System
  • Skylights
  • Gas Fireplace
  • Separate Family Room
  • Living Room with Fireplace
  • Dining Area
  • Recreation Room
  • Skyline Views
  • Crawl Space
  • Alarm System

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven
  • Range Hood
  • Warming Drawer
  • Microwave
  • Freezer
  • Dishwasher
  • Wine Refrigerator
  • Quartz Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Granite Bathroom Countertops
  • Dual Sinks
  • Dual Flush Toilets
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Additional Features

  • Balcony
  • Forced Air Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$66,443

Year Built

1938

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Age: 83
  • Listing Class: Residential
  • Structure Sq Ft: 2782
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1938

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Burning, Gas Starter, Living Room
  • Dining Room: Breakfast Bar, Dining Area, Eat In Kitchen, Skylight
  • Kitchen: Countertop - Quartz, Dishwasher, Freezer, Garbage Disposal, Hood Over Range, Microwave, Oven - Gas, Oven Range - Built-In, Gas, Refrigerator, Trash Compactor, Warming Drawer, Wine Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 2782
  • Stories: 2
  • Security: Security Alarm
  • Bedrooms: Primary Suite / Retreat, Walk-In Closet
  • Laundry: Dryer, Inside, Washer
  • Flooring: Hardwood, Tile
  • Additional Rooms: Recreation Room
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Dual Flush Toilet, Granite, Primary - Stall Shower(s), Oversized Tub, Shower And Tub, Skylight, Stall Shower, Tub

Exterior Features

  • Foundation: Crawl Space
  • Roof: Composition
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced, Sprinklers - Auto
  • Fencing: Wood
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Electric Car Hookup

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Skylight, Video / Audio System, Walk-In Closet

Schools

  • School District: Palo Alto Unified
  • Elementary School: Duveneck Elementary
  • Middle School: Frank S. Greene Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 311
  • Middle School: 329

Lot Info

  • Lot Description: Grade - Level, Private / Secluded, Regular
  • Lot Acres: 0.1654
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7204.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7204.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2021
Closed on
May 21, 2021
Sold by
Choi Junghun
Bought by
Xiao Yu and Liang Jingjing
Seller's Agent
Dominic Gluhaich
Compass
Buyer's Agent
Robert Yu
RE/MAX Real Estate Services
List Price
$4,899,950
Sold Price
$5,250,000
Premium/Discount to List
$350,050
7.14%
Current Estimated Value
$6,280,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,030,897
Avg. Annual Appreciation
4.74%
Original Mortgage
$3,675,000
Outstanding Balance
$3,356,102
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$3,015,218

Purchase Details

Listed on
Jul 5, 2017
Closed on
Nov 27, 2017
Sold by
Mehta Nikhil R and Mehta Monica G
Bought by
Choi Junghun
Seller's Agent
Steve Pierce
Zane MacGregor
Buyer's Agent
Mi Young Lee
Keller Williams Palo Alto
List Price
$4,798,000
Sold Price
$4,475,000
Premium/Discount to List
-$323,000
-6.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.63%
Original Mortgage
$2,475,000
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 5, 2017
Closed on
Nov 3, 2017
Sold by
Kim Jungeun
Bought by
Choi Junghun
Seller's Agent
Steve Pierce
Zane MacGregor
Buyer's Agent
Mi Young Lee
Keller Williams Palo Alto
List Price
$4,798,000
Sold Price
$4,475,000
Premium/Discount to List
-$323,000
-6.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,475,000
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 2015
Sold by
Mehta Nikhil R and Mehta Monica G
Bought by
Mehta Family Trust

Purchase Details

Listed on
Mar 27, 2013
Closed on
Apr 15, 2013
Sold by
Thau Stephen B and Penn Anna A
Bought by
Mehta Nikhil R and Mehta Monica G
Seller's Agent
Chris Iverson
Golden Gate Sotheby's International Realty
Buyer's Agent
Adam Touni
Zane MacGregor & Company
List Price
$3,200,000
Sold Price
$3,325,000
Premium/Discount to List
$125,000
3.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.42%
Original Mortgage
$2,000,000
Interest Rate
2.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2006
Sold by
Hlavka Elizabeth D and Hlavka Edwin J
Bought by
Thau Stephen B and Penn Anna A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 23, 2001
Sold by
Weller Michael T and Weller Kathryn D
Bought by
Hlavka Edwin J and Hlavka Elizabeth D

Purchase Details

Closed on
Apr 2, 1999
Sold by
Guslander Nan
Bought by
Weller Michael T and Weller Kathryn D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$978,750
Interest Rate
6.75%

Purchase Details

Closed on
Apr 14, 1995
Sold by
Guslander Nan
Bought by
Guslander Nan

Purchase Details

Closed on
May 11, 1994
Sold by
Guslander Nan
Bought by
Guslander Nan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
5.62%
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
Xiao Yu $5,250,000 Chicago Title Company
Choi Junghun $4,475,000 Chicago Title Company
Choi Junghun -- Chicago Title Company
Mehta Family Trust -- None Available
Mehta Nikhil R $3,325,000 Old Republic Title Company
Thau Stephen B -- United Title Co San Ramon
Hlavka Edwin J -- Bridgespan Title Company
Weller Michael T $1,305,000 Old Republic Title Company
Guslander Nan -- --
Guslander Nan -- --
Guslander Nan -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Xiao Yu $3,675,000
Previous Owner Choi Junghun $2,475,000
Previous Owner Mehta Nikhil R $2,000,000
Previous Owner Thau Stephen B $1,344,000
Previous Owner Thau Stephen B $1,348,000
Previous Owner Thau Stephen B $1,390,000
Previous Owner Thau Stephen B $1,000,000
Previous Owner Hlavka Edwin J $1,000,000
Previous Owner Hlavka Edwin J $100,000
Previous Owner Hlavka Edwin J $1,000,000
Previous Owner Hlavka Edwin J $100,000
Previous Owner Weller Michael T $500,000
Previous Owner Weller Michael T $1,300,000
Previous Owner Weller Michael T $978,750
Previous Owner Guslander Nan $290,000
Previous Owner Guslander Nan $292,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2021 06/10/21 Sold $5,250,000 +7.1% $1,887 / Sq Ft
05/04/2021 05/04/21 Pending -- -- --
04/29/2021 04/29/21 For Sale $4,899,950 +9.5% $1,761 / Sq Ft
11/30/2017 11/30/17 Sold $4,475,000 -0.6% $1,609 / Sq Ft
09/20/2017 09/20/17 Pending -- -- --
08/17/2017 08/17/17 Price Changed $4,500,000 -6.2% $1,618 / Sq Ft
07/05/2017 07/05/17 For Sale $4,798,000 +44.3% $1,725 / Sq Ft
04/19/2013 04/19/13 Sold $3,325,000 +3.9% $1,195 / Sq Ft
04/04/2013 04/04/13 Pending -- -- --
03/27/2013 03/27/13 For Sale $3,200,000 -- $1,150 / 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 $66,443 $5,682,767 $4,979,187 $703,580
2024 $66,443 $5,571,341 $4,881,556 $689,785
2023 $65,472 $5,462,100 $4,785,840 $676,260
2022 $64,727 $5,355,000 $4,692,000 $663,000
2021 $56,955 $4,704,023 $4,530,579 $173,444
2020 $55,762 $4,655,790 $4,484,124 $171,666
2019 $55,153 $4,564,500 $4,396,200 $168,300
2018 $53,618 $4,475,000 $4,310,000 $165,000
2017 $42,541 $3,527,955 $2,923,164 $604,791
2016 $41,431 $3,458,781 $2,865,848 $592,933
2015 $41,033 $3,406,828 $2,822,801 $584,027
2014 $40,267 $3,340,094 $2,767,507 $572,587
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    Dominic Gluhaich

    Compass

    Section Image

  • R

    Buyer's Agent in 2021

    Robert Yu

    RE/MAX

    Section Image
  • Steve Pierce

    Seller's Agent in 2017

    Steve Pierce

    Zane MacGregor

    (650) 324-9900

    7 in this area

    27 Total Sales

    Section Image
  • Mi Young Lee

    Buyer's Agent in 2017

    Mi Young Lee

    Keller Williams Palo Alto

    (650) 468-0607

    2 Total Sales

    Section Image

  • C

    Seller's Agent in 2013

    Chris Iverson

    Golden Gate Sotheby's International Realty

    Section Image

  • A

    Buyer's Agent in 2013

    Adam Touni

    Zane MacGregor & Company

    Section Image
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Map

Source: MLSListings

MLS Number: ML81827259

MLSListings

APN: 003-27-028

California Santa Clara County Palo Alto 94301 Crescent Park

40 Kent Place, Palo Alto, CA

This home is located at 40 Kent Place, Palo Alto, CA 94301 since 29 April 2021 and is currently estimated at $6,116,654, approximately $2,198 per square foot. This property was built in 1938. 40 Kent Place is a home located in Santa Clara County with nearby schools including Duveneck Elementary School, Frank S. Greene Jr. Middle, and Palo Alto High School.

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