NOT LISTED FOR SALE

Estimated Value: $4,694,000 - $4,814,000

4 Beds
2 Baths
2,696 Sq Ft
$1,765/Sq Ft Est. Value

Last Sold August 17, 2018

Last sale price $3,548,000 $1,316 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $29,096/month

11 Days on Market

Highlights

  • Wine Cellar
  • Skyline View
  • Marble Flooring
  • Juana Briones Elementary School Rated A+
  • Deck
  • Traditional Architecture

About This Home

As of August 2018

Welcome to this four bedroom two bath single level floor plan home located here in the popular Barron Park Neighborhood of Palo Alto. Features hardwood floors in living room, dining room and kitchen. Brand new carpets in the master bedroom, three additional bedrooms and family room. Gourmet kitchen features Viking six burner built in range in a center Island with SS hood. Built in Thermador wine refrigerator. Lots of natural light with skylights in the kitchen and bathrooms. The kitchen looks out to a beautiful designed landscaped private backyard with a brick patio, large lawn area, various type fruit trees and mature plants ideal for outdoor entertaining. Two car garage. Located just a few minutes from popular Downtown Palo Alto restaurants, shopping, parks & entertainment. Top rated Palo Alto Schools. Ideally situated on a cul-de-sac with an approx.11,533 Sq. Ft. Lot. Easy Access to 280 and 101. Near major employers like Goggle, Facebook and Apple. Easy commute on CalTrain.

Last Agent to Sell the Property

Steve Bianchi

Realty World-Bianchi & Associates License #01029773 Listed on: 07/19/2018

Realty World-Bianchi & Associates

Last Buyer's Agent

Lan Bowling

Keller Williams Palo Alto License #01248958

Keller Williams Palo Alto

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $46,503

Year Built

  • Built in 1951

Lot Details

  • 0.26 Acre Lot
  • Level Lot
  • Sprinklers on Timer
  • Back Yard Fenced
  • Zoning described as R1

Parking

  • 2 Car Attached Garage
  • Off-Street Parking

Property Views

  • Skyline
  • Neighborhood

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 2,696 Sq Ft Home
  • 1-Story Property
  • Wired For Sound
  • Ceiling Fan
  • Skylights in Kitchen
  • Double Pane Windows
  • Garden Windows
  • Formal Entry
  • Wine Cellar
  • Separate Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Den

Kitchen

  • Double Self-Cleaning Oven
  • Electric Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Radiant Floor
  • Marble
  • Tile
  • Slate Flooring
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Marble Bathroom Countertops
  • Granite Bathroom Countertops
  • Jetted Tub in Primary Bathroom
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • 220 Volts

Listing and Financial Details

  • Assessor Parcel Number 137-20-018

Home Details

Home Type

Single Family

Est. Annual Taxes

$46,503

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Traditional
  • Age: 67
  • Listing Class: Residential
  • Structure Sq Ft: 2696
  • Year Built: 1951
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room
  • Dining Room: Dining Area, Formal Dining Room
  • Kitchen: 220 Volt Outlet, Cooktop - Gas, Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Island, Microwave, Oven - Double, Oven - Electric, Oven - Self Cleaning, Refrigerator, Skylight, Wine Refrigerator
  • Living Sq Ft: 2696
  • Stories: 1
  • Bedrooms: Ground Floor Bedroom, Primary Bedroom on Ground Floor, More than One Bedroom on Ground Floor, Walk-in Closet
  • Laundry: Dryer, Electricity Hookup (220V), In Utility Room, Inside, Washer
  • Flooring: Carpet, Hardwood, Marble, Slate, Tile, Vinyl / Linoleum
  • Additional Rooms: Den / Study / Office, Formal Entry, Laundry Room, Wine Cellar / Storage
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Bathroom: Granite, Marble, Primary - Stall Shower(s), Primary - Tub with Jets, Skylight, Stall Shower - 2+, Tile, Tubs - 2+, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition, Shingle
  • View: Neighborhood
  • Yard/Grounds: Back Yard, Deck, Fenced, Sprinklers - Auto, Sprinklers - Lawn, Storage Shed / Structure
  • Fencing: Fenced Back, Wood
  • Construction Type: Concrete, Stucco, Wood

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Off-Street Parking

Utilities

  • Cooling System: Ceiling Fan, Central AC
  • Heating System: Forced Air, Radiant Floors
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Garden Window, Skylight, Walk-in Closet

Schools

  • School District: Palo Alto Unified
  • Elementary School: Juana Briones Elementary
  • Middle School: Terman Middle
  • High School: Henry M. Gunn High
  • High School: 325
  • Elementary School: 317
  • Middle School: 323

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 137-20-018
  • Lot Acres: 0.2648
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 11533.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 11533.00

Green Features

  • Energy Features: Double Pane Windows, Skylight

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Juana Briones Elementary
  • High School Text: Henry M. Gunn High
  • Middle School Text: Terman Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2018
Closed on
Aug 8, 2018
Sold by
Pertmutter Kenneth and Pertmutter Kimberly B
Bought by
Cheng Liqun and Yang Xiaoyun
Seller's Agent
Steve Bianchi
Realty World-Bianchi & Associates
Buyer's Agent
Lan Bowling
Keller Williams Palo Alto
List Price
$3,248,000
Sold Price
$3,548,000
Premium/Discount to List
$300,000
9.24%
Current Estimated Value
$4,757,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,209,171
Avg. Annual Appreciation
4.18%
Original Mortgage
$2,100,000
Outstanding Balance
$1,781,716
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,975,455

Purchase Details

Closed on
Nov 19, 1997
Sold by
Kenneth Perlmutter
Bought by
Perlmutter Kenneth and Perlmutter Kimberly B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.23%
Source: Public Records

Range of Values:

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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
Cheng Liqun $3,548,000 Old Republic Title Co
Perlmutter Kenneth -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cheng Liqun $2,100,000
Previous Owner Perlmutter Kenneth $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2018 08/17/18 Sold $3,548,000 +9.2% $1,316 / Sq Ft
07/31/2018 07/31/18 Pending -- -- --
07/19/2018 07/19/18 For Sale $3,248,000 -- $1,205 / 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 $46,503 $3,957,859 $3,703,522 $254,337
2024 $46,503 $3,880,254 $3,630,904 $249,350
2023 $45,820 $3,804,171 $3,559,710 $244,461
2022 $45,294 $3,729,580 $3,489,912 $239,668
2021 $44,402 $3,656,452 $3,421,483 $234,969
2020 $43,475 $3,618,960 $3,386,400 $232,560
2019 $42,997 $3,548,000 $3,320,000 $228,000
2018 $7,141 $534,099 $236,705 $297,394
2017 $7,013 $523,627 $232,064 $291,563
2016 $6,824 $513,361 $227,514 $285,847
2015 $6,750 $505,651 $224,097 $281,554
2014 $6,535 $495,747 $219,708 $276,039
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81715314

MLSListings

APN: 137-20-018