NOT LISTED FOR SALE

4048 Laguna Way Palo Alto, CA 94306

Barron Park Neighborhood

Estimated Value: $5,568,000 - $6,784,000

5 Beds
4.5 Baths
3,323 Sq Ft
$1,797/Sq Ft Est. Value

Last Sold June 12, 2014

Last sale price $3,750,000 $1,128 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $36,018/month

11 Days on Market

Highlights

  • Primary Bedroom Suite
  • Craftsman Architecture
  • Wood Flooring
  • Juana Briones Elementary School Rated A+
  • Family Room with Fireplace
  • Main Floor Bedroom

About This Home

As of June 2014

Fantastic Craftsman- 11 years new, situated in quiet location in Barron Park. Walk to Gunn High. Open Floor Plan, large lot, 2 master suites downstairs, 6th bedroom option or den/office, beautifully landscaped yard with serene redwood trees. Private backyard, perfect for entertaining. Close proximity to Bol Park.

Last Agent to Sell the Property

Judy Chow

Keller Williams Palo Alto License #01791584 Listed on: 04/24/2014

Keller Williams Palo Alto

Last Buyer's Agent

Grace Wu

Compass License #00886757

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $53,861

Year Built

  • Built in 2003

Lot Details

  • Fenced
  • Level Lot
  • Sprinklers on Timer
  • Zoning described as R1B1

Parking

  • 2 Car Garage

Home Design

  • Craftsman Architecture
  • Mudsill Foundation
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,323 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Skylights
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Built-In Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Zoned Heating and Cooling System
  • 220 Volts
  • Sewer Within 50 Feet
  • Satellite Dish

Additional Features

  • No or Low VOC Paint or Finish
  • Barbecue Area

Listing and Financial Details

  • Assessor Parcel Number 137-20-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$53,861

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Craftsman
  • Age: 11
  • Sale Price Per Sq Ft: 1128.50
  • Level Street Main: 2 or more Primary Suites, Bedroom(s)
  • Listing Class: Residential
  • Structure Sq Ft: 3323
  • Incorporated: Yes
  • Map Book Page: 811
  • Map Side Coordinate: 3
  • Map Top Coordinate: C
  • Thomas Bros Page: 811
  • Thomas Brothers: C3
  • Year Built: 2003
  • Zoning Description: R1B1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Family Room, Living Room, Gas Starter, Yes
  • Dining Room: Formal Dining Room, Breakfast Nook
  • Kitchen: Dishwasher, Cooktop, Garbage Disposal, Refrigerator, Microwave, Oven - Self Cleaning, Oven - Built-In, 220 Volt Outlet, Hookups - Gas
  • Living Sq Ft: 3323
  • Stories: 2
  • Security: Fire Alarm
  • Bedrooms: Primary Suite / Retreate - 2+, Ground Floor Bedroom
  • Laundry: In Laundry Room, Dryer, Washer, Gas Hookup, 220 Volt Outlet
  • Flooring: Tile, Carpet - Wall to Wall, Hardwood
  • Additional Rooms: Den / Study / Office
  • Maximum Bathrooms: 5
  • Maximum Numberof Bedrooms: 5
  • Minimum Bathrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Bathroom: Shower over Tub - 1, Tubs - 2+, Stall Shower - 2+, Tub in Primary Bedroom, Tub with Jets

Exterior Features

  • Foundation: Mudsill, Concrete Perimeter
  • Pool Description: Pool - No
  • Roof: Composition
  • View: Local/Neighborhood
  • Yard/Grounds: Patio(s), Sprinkler(s) - Front, Sprinkler(s) - Rear, Sprinklers - Auto, BBQ Area, Fenced
  • Exterior: Shingles
  • Construction Type: Low VOC Finishes

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Central AC
  • Heating System: Heating - 2+ Zones, Forced Air
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Double Pane Windows(s), High Ceiling

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: 137-20-005
  • List Price per Sq Ft: 1021.67
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10350.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 10350.00
  • Lot Size Area Min Search: 10350.00
  • Maximum Lot Size: 10350.00
  • Map Book: Thomas Bros

Green Features

  • Energy Features: Insulation - Partial, Caulked/Sealed, Weather Stripped Door(s), Double Pane Windows, Skylight, Ceiling Fan(s)

Multi Family

  • Maximum Building Height: 2
  • Minimum Building Height: 2

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
Apr 24, 2014
Closed on
Jun 5, 2014
Sold by
Macrae Jonathan S and Macrae Anne Marie
Bought by
Chen Feng and Su Yingzhe
Seller's Agent
Judy Chow
Keller Williams Palo Alto
Buyer's Agent
Grace Wu
Compass
List Price
$3,395,000
Sold Price
$3,750,000
Premium/Discount to List
$355,000
10.46%
Current Estimated Value
$5,708,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,958,999
Avg. Annual Appreciation
4.19%
Original Mortgage
$1,950,000
Outstanding Balance
$1,448,529
Interest Rate
3.28%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,478,264

Purchase Details

Closed on
Jul 7, 2003
Sold by
Mcpherson & Crist Llc
Bought by
Macrae Jonathan S and Macrae Anne Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
5.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 11, 2002
Sold by
Vanvelzer Virginia C
Bought by
Mcpherson & Crist Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$601,250
Interest Rate
6.99%
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
Chen Feng $3,750,000 Old Republic Title Company
Macrae Jonathan S -- Old Republic Title Company
Mcpherson & Crist Llc $925,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Feng $1,950,000
Previous Owner Macrae Jonathan S $1,100,000
Previous Owner Macrae Jonathan S $1,100,000
Previous Owner Macrae Jonathan S $1,100,000
Previous Owner Macrae Jonathan S $400,000
Previous Owner Macrae Jonathan S $1,100,000
Previous Owner Mcpherson & Crist Llc $812,500
Previous Owner Mcpherson & Crist Llc $1,437,000
Previous Owner Mcpherson & Crist Llc $601,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2014 06/12/14 Sold $3,750,000 +10.5% $1,128 / Sq Ft
05/05/2014 05/05/14 Pending -- -- --
04/24/2014 04/24/14 For Sale $3,395,000 -- $1,022 / 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
2024 $53,861 $4,506,840 $2,487,777 $2,019,063
2023 $53,071 $4,418,472 $2,438,998 $1,979,474
2022 $52,464 $4,331,836 $2,391,175 $1,940,661
2021 $51,430 $4,246,899 $2,344,290 $1,902,609
2020 $50,354 $4,203,354 $2,320,253 $1,883,101
2019 $49,802 $4,120,936 $2,274,758 $1,846,178
2018 $48,416 $4,040,134 $2,230,155 $1,809,979
2017 $47,567 $3,960,917 $2,186,427 $1,774,490
2016 $46,325 $3,883,253 $2,143,556 $1,739,697
2015 $45,880 $3,824,924 $2,111,358 $1,713,566
2014 $31,302 $2,589,322 $1,159,832 $1,429,490
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    Judy Chow

    Keller Williams Palo Alto

    Section Image

  • G

    Buyer's Agent in 2014

    Grace Wu

    Compass

See All Agents

Map

Source: MLSListings

MLS Number: ML81413674

MLSListings

APN: 137-20-005

California Santa Clara County Palo Alto 94306 Barron Park

4048 Laguna Way, Palo Alto, CA

This home is located at 4048 Laguna Way, Palo Alto, CA 94306 since 24 April 2014 and is currently estimated at $5,969,980, approximately $1,796 per square foot. This property was built in 2003. 4048 Laguna Way is a home located in Santa Clara County with nearby schools including Juana Briones Elementary School, Ellen Fletcher Middle, and Henry M. Gunn High School.

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