J
Seller's Agent in 2023
Joe Velasco
Compass
4037 Park Blvd Palo Alto, CA 94306
Ventura NeighborhoodEstimated Value: $3,508,000 - $3,963,818
4
Beds
3
Baths
2,125
Sq Ft
$1,731/Sq Ft
Est. Value
Highlights
- New Construction
- Deck
- Marble Countertops
- Barron Park Elementary School Rated A+
- Wood Flooring
- Marble Bathroom Countertops
About This Home
As of December 2023TRANSPARENT PRICING! Brand New Ultramodern is nestled near the Silicon Valley giants - Google & Facebook, in the coveted neighborhood of Palo Alto. With transparent pricing and no guesswork. The home boasts finishes typically found in 10+ multi-million-dollar estates, such as a sleek steel roof, designer exterior lighting, a custom modern garage door, triple-pane windows, a smooth stucco exterior, and a pivot front door equipped with a smart lock. Inside, you'll find a Level 5 smooth interior texture, while the chef's gourmet kitchen features porcelain book-matched countertops, custom cabinets, and top-of-the-line Miele appliances. A custom stone bookmatched porcelain modern fireplace in the family room, complete with an electric firepit. Every bedroom has California-Designed closets, and every bathroom is equipped with bidets and backlit designed vanity mirrors. Spa-like rmaster retreat, boasting a walk-in rain shower, porcelain tub, custom cabinetry, and. Top-rated schools!"
Last Agent to Sell the Property
Joe Velasco
Compass License #01309200 Listed on: 09/02/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $39,102
Year Built
- Built in 2022 | New Construction
Lot Details
- 6,621 Sq Ft Lot
- Grass Covered Lot
- Back Yard Fenced
- Zoning described as R1
Parking
- 2 Car Attached Garage
Home Design
- Modern Architecture
- Slab Foundation
- Wood Frame Construction
- Metal Roof
Interior Spaces
- 2,125 Sq Ft Home
- 1-Story Property
- High Ceiling
- Gas Fireplace
- Triple Pane Windows
- Double Pane Windows
- Mud Room
- Dining Room
- Wood Flooring
- Fire Sprinkler System
- Washer and Dryer
Kitchen
- Open to Family Room
- Gas Cooktop
- Range Hood
- Freezer
- Dishwasher
- Wine Refrigerator
- Kitchen Island
- Marble Countertops
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
- 3 Full Bathrooms
- Marble Bathroom Countertops
- Dual Sinks
- Walk-in Shower
Additional Features
- Deck
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 132-43-128
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 14, 2020
Closed on
Sep 14, 2020
Sold by
Lakshmi Ranjani Lakshmi Ranjani
Bought by
Krishnaswamy Lokesh
Seller's Agent
Caitlin Darke
Compass
Buyer's Agent
Caitlin Darke
Compass
List Price
$1,895,000
Sold Price
$1,680,000
Premium/Discount to List
-$215,000
-11.35%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,998,705
Avg. Annual Appreciation
16.97%
Original Mortgage
$1,344,000
Interest Rate
2.37%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 14, 2020
Closed on
Sep 10, 2020
Sold by
Venkateswaran Lakshmi Ranjani
Bought by
Krishnaswamy Lokesh
Seller's Agent
Caitlin Darke
Compass
Buyer's Agent
Caitlin Darke
Compass
List Price
$1,895,000
Sold Price
$1,680,000
Premium/Discount to List
-$215,000
-11.35%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,344,000
Interest Rate
2.37%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 14, 2020
Closed on
Sep 2, 2020
Sold by
Brash Family 2000 Trust and Brash Nial Kenekulia
Bought by
Krishnaswamy Lokesh
Seller's Agent
Caitlin Darke
Compass
Buyer's Agent
Caitlin Darke
Compass
List Price
$1,895,000
Sold Price
$1,680,000
Premium/Discount to List
-$215,000
-11.35%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,344,000
Interest Rate
2.37%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 14, 2019
Sold by
Brash Nial
Bought by
Brash Nial Kenekulia and Brash Rebecca Ann
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 30, 2014
Sold by
Brash Carnation B
Bought by
The Carnation B Brash Revocable Trust and Brash Nial
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
May 2, 2007
Sold by
Brash Carnation B
Bought by
Brash Carnation B
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Krishnaswamy Lokesh | -- | Lawyers Title Company | |
| Krishnaswamy Lokesh | -- | Lawyers Title | |
| Krishnaswamy Lokesh | $1,680,000 | Lawyers Title | |
| Brash Nial Kenekulia | -- | None Available | |
| Brash Bial | -- | None Available | |
| The Carnation B Brash Revocable Trust | -- | First American Title Company | |
| Brash Carnation B | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wilson Bryce Warren | $1,801,000 | |
| Closed | Krishnaswamy Lokesh Kumar | $300,200 | |
| Closed | Krishnaswamy Lokesh | $150,000 | |
| Closed | Krishnaswamy Lokesh | $150,000 | |
| Closed | Krishnaswamy Lokesh | $1,344,000 | |
| Closed | Krishnaswamy Lokesh | $1,344,000 | |
| Closed | Krishnaswamy Lokesh | $1,344,000 | |
| Previous Owner | Brash Nial Kenekulia | $500,000 | |
| Previous Owner | Brash Nial Kenekulia | $400,000 | |
| Previous Owner | The Carnation B Brash Revocable Trust | $250,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/26/2023 12/26/23 | Sold | $3,250,000 | 0.0% | $1,529 / Sq Ft |
| 10/20/2023 10/20/23 | Pending | -- | -- | -- |
| 10/13/2023 10/13/23 | Price Changed | $3,249,888 | +8.3% | $1,529 / Sq Ft |
| 10/02/2023 10/02/23 | Price Changed | $2,999,888 | -11.8% | $1,412 / Sq Ft |
| 09/02/2023 09/02/23 | For Sale | $3,399,888 | +102.4% | $1,600 / Sq Ft |
| 09/18/2020 09/18/20 | Sold | $1,680,000 | -6.4% | $1,600 / Sq Ft |
| 08/10/2020 08/10/20 | Pending | -- | -- | -- |
| 07/23/2020 07/23/20 | Price Changed | $1,795,000 | -5.3% | $1,710 / Sq Ft |
| 07/14/2020 07/14/20 | For Sale | $1,895,000 | -- | $1,805 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
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 | $39,102 | $3,315,000 | $2,448,000 | $867,000 |
| 2024 | $39,102 | $3,250,000 | $2,400,000 | $850,000 |
| 2023 | $22,888 | $1,861,381 | $1,654,236 | $207,145 |
| 2022 | $21,295 | $1,713,600 | $1,621,800 | $91,800 |
| 2021 | $20,873 | $1,680,000 | $1,590,000 | $90,000 |
| 2020 | $1,771 | $69,240 | $26,802 | $42,438 |
| 2019 | $1,746 | $67,883 | $26,277 | $41,606 |
| 2018 | $1,719 | $66,553 | $25,762 | $40,791 |
| 2017 | $1,687 | $65,249 | $25,257 | $39,992 |
| 2016 | $1,637 | $63,970 | $24,762 | $39,208 |
| 2015 | $1,614 | $63,011 | $24,391 | $38,620 |
| 2014 | $1,483 | $61,778 | $23,914 | $37,864 |
Source: Public Records
Agents Affiliated with this Home
-
-
Sam Nakhjavani
S
Buyer's Agent in 2023
Sam Nakhjavani
Fireside Realty
(408) 206-7100
1 in this area
2 Total Sales
-
C
Seller's Agent in 2020
Caitlin Darke
Compass
Map
Source: MLSListings
MLS Number: ML81939780
APN: 132-43-128
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