NOT LISTED FOR SALE

Estimated Value: $4,864,891 - $6,141,000

5 Beds
3 Baths
2,074 Sq Ft
$2,565/Sq Ft Est. Value

Last Sold October 26, 2012

Last sale price $1,390,000 $670 Per Sq Ft

Est. 283% increase in value since last sale

Current estimated payment $32,294/month

2 Days on Market

Highlights

  • Primary Bedroom Suite
  • Living Room with Fireplace
  • Main Floor Bedroom
  • Juana Briones Elementary School Rated A+
  • Wood Flooring
  • Forced Air Heating System

About This Home

As of October 2012

Estate sale. Fixer-upper with 7910 sf large, corner lot. To be sold "as is." This home needs extensive rehab or tear down and build your dream home. Value is in the lot. Ideally located in Barron Park. Buyer responsible for confirming building permits on 2nd story addition, obtaining any and all inspections, and verifying schools. Seller will provide JCP Hazard/Geological report.

Last Agent to Sell the Property

Christian Tice

Globe Property Consultants License #00867195 Listed on: 07/14/2012

Last Buyer's Agent

Christian Tice

Globe Property Consultants License #00867195 Listed on: 07/14/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,685

Year Built

  • Built in 1949

Lot Details

  • Zoning described as R1

Parking

  • 2 Car Garage

Home Design

  • Fixer Upper
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,074 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Separate Family Room
  • Living Room with Fireplace
  • Dining Room
  • Built-In Oven

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • 3 Full Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Utilities

  • Forced Air Heating System
  • Sewer Within 50 Feet
  • TV Antenna

Listing and Financial Details

  • Assessor Parcel Number 137-21-029

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,685

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Property Condition: Fixer Upper
  • Age: 63
  • Sale Price Per Sq Ft: 670.20
  • Level Street Main: Bedroom(s)
  • Listing Class: Residential
  • Structure Sq Ft: 2074
  • Barclay Horizontal: 11
  • Barclays Page: 20
  • Incorporated: Yes
  • Map Book Page: 811
  • Map Book Page Secondary: 20
  • Map Side Coordinate: 2
  • Map Side Coordinate Secondary: 79
  • Map Top Coordinate: C
  • Map Top Coordinate Secondary: 11
  • Thomas Bros Page: 811
  • Thomas Brothers: C2
  • Year Built: 1949
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room, Wood Burning, Yes
  • Dining Room: No Formal Dining Room, Dining "L"
  • Kitchen: Refrigerators - 2+, Oven Range - Built-In, Hookups - Gas
  • Living Sq Ft: 2074
  • Stories: 2
  • Bedrooms: Primary Suite / Retreat, Ground Floor Bedroom
  • Laundry: In Garage, Dryer, Washer, 220 Volt Outlet
  • Flooring: Carpet - Wall to Wall, Hardwood, Vinyl / Linoleum
  • Maximum Bathrooms: 3
  • Maximum Numberof Bedrooms: 5
  • Minimum Bathrooms: 3
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 3
  • Total Bedrooms: 5

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Pool - No
  • Roof: Composition
  • Exterior: Wood

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: RV/Boat Parking

Utilities

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

Schools

  • School District: Palo Alto Unified

Lot Info

  • Parcel Number: 137-21-029
  • Lot Location: Corner
  • List Price per Sq Ft: 626.81
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7910.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 7910.00
  • Lot Size Area Min Search: 7910.00
  • Maximum Lot Size: 7910.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

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

Closed on
Aug 19, 2018
Sold by
Shang Qiang and Mao Zihua
Bought by
Zhang Qiang and Mao Zihua
Current Estimated Value
$5,319,973

Purchase Details

Closed on
Jul 23, 2014
Sold by
Mao Zihua
Bought by
Zhang Qiang and Mao Zihua

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$710,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 22, 2014
Sold by
Mao Zihua and Cai Yan Ning
Bought by
Mao Zihua

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$710,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jul 14, 2012
Closed on
Oct 22, 2012
Sold by
Ouyang Xiaolong
Bought by
Cai Yan Ning
Seller's Agent
Christian Tice
Globe Property Consultants
Buyer's Agent
Christian Tice
Globe Property Consultants
List Price
$1,300,000
Sold Price
$1,390,000
Premium/Discount to List
$90,000
6.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.04%

Purchase Details

Listed on
Jul 14, 2012
Closed on
Oct 19, 2012
Sold by
Goossens Paul M
Bought by
Mao Zihua and Cai Yan Ning
Seller's Agent
Christian Tice
Globe Property Consultants
Buyer's Agent
Christian Tice
Globe Property Consultants
List Price
$1,300,000
Sold Price
$1,390,000
Premium/Discount to List
$90,000
6.92%

Purchase Details

Closed on
Aug 19, 1994
Sold by
Goosens Michiellina
Bought by
Goossens Michiellina and Goossens Thea Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
8.8%
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 Qiang -- None Available
Zhang Qiang -- Chicago Title Company
Mao Zihua $237,000 Chicago Title Company
Cai Yan Ning -- First American Title Company
Mao Zihua -- First American Title Company
Mao Zihua $1,390,000 First American Title Company
Goossens Michiellina $27,500 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mao Zihua $500,000
Open Zhang Qiang $1,499,990
Closed Zhang Qiang $1,200,000
Closed Zhang Qiang $710,000
Closed Mao Zihua $834,000
Previous Owner Goossens Michiellina $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2012 10/26/12 Sold $1,390,000 +6.9% $670 / Sq Ft
07/16/2012 07/16/12 Pending -- -- --
07/14/2012 07/14/12 For Sale $1,300,000 -- $627 / 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 $39,685 $3,364,222 $2,082,641 $1,281,581
2024 $39,685 $3,298,257 $2,041,805 $1,256,452
2023 $38,705 $3,194,429 $2,001,770 $1,192,659
2022 $36,475 $2,981,794 $1,962,520 $1,019,274
2021 $35,757 $2,923,329 $1,924,040 $999,289
2020 $35,015 $2,893,355 $1,904,312 $989,043
2019 $34,548 $2,836,623 $1,866,973 $969,650
2018 $33,593 $2,781,004 $1,830,366 $950,638
2017 $33,003 $2,726,476 $1,794,477 $931,999
2016 $32,139 $2,673,017 $1,759,292 $913,725
2015 $33,435 $2,767,866 $1,732,866 $1,035,000
2014 $21,323 $1,738,810 $1,396,310 $342,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81226427

MLSListings

APN: 137-21-029