NOT LISTED FOR SALE

Estimated Value: $3,380,000 - $5,071,000

2 Beds
1 Bath
925 Sq Ft
$4,183/Sq Ft Est. Value

Last Sold October 17, 2018

Last sale price $2,600,000 $2,811 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $23,469/month

10 Days on Market

Highlights

  • Vaulted Ceiling
  • Beamed Ceilings
  • 1 Car Attached Garage
  • Fairmeadow Elementary School Rated A+
  • Balcony
  • Eat-In Kitchen

About This Home

As of October 2018

Light and bright home located on a quite, low traffic street in Midtown. Wonderful, expansive and private backyard. Open floor plan with vaulted ceiling. Incredibly well maintained with abundant possibilities...live-in as-is, expand and remodel or build new. Come, see and enjoy this special opportunity!

Last Agent to Sell the Property

Tim Foy

Midtown Realty License #00849721 Listed on: 09/06/2018

Last Buyer's Agent

Christy Giuliacci

Compass License #01506761

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,422

Year Built

  • Built in 1951

Lot Details

  • 8,002 Sq Ft Lot
  • Sprinkler System
  • Back Yard Fenced
  • Zoning described as R1

Parking

  • 1 Car Attached Garage
  • Off-Street Parking

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Tar and Gravel Roof

Interior Spaces

  • 925 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Double Pane Windows
  • Laundry in Garage

Kitchen

  • Eat-In Kitchen
  • Gas Oven

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Additional Features

  • Balcony
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 132-11-062

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,422

Year Built

Built in 1951

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Age: 67
  • Listing Class: Residential
  • Structure Sq Ft: 925
  • Year Built: 1951
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining "L", Eat in Kitchen
  • Kitchen: Oven Range - Gas
  • Living Sq Ft: 925
  • Stories: 1
  • Laundry: In Garage
  • Flooring: Carpet, Tile
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Shower over Tub - 1
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tar and Gravel
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced, Sprinklers - Lawn
  • Fencing: Fenced Back, Wood
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Attached Garage, Off-Street Parking

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Open Beam Ceiling, Vaulted Ceiling

Schools

  • School District: Palo Alto Unified
  • Elementary School: Fairmeadow Elementary
  • Middle School: Jane Lathrop Stanford Middle
  • High School: Henry M. Gunn High
  • High School: 325
  • Elementary School: 314
  • Middle School: 322

Lot Info

  • Parcel Number: 132-11-062
  • Lot Acres: 0.1837
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8001.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8001.00

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Fairmeadow Elementary
  • High School Text: Henry M. Gunn High
  • Middle School Text: Jane Lathrop Stanford Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 5, 2020
Sold by
Labhane Prashant and Liu Liying
Bought by
Labhane Prashant and Liu Liying
Current Estimated Value
$3,869,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,047,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 6, 2018
Closed on
Sep 27, 2018
Sold by
Day Gwen and The Chandler 1998 Revocable Tr
Bought by
Prashant Labhane and Prashant Liying Liu
Seller's Agent
Tim Foy
Midtown Realty
Buyer's Agent
Christy Giuliacci
Compass
List Price
$2,750,000
Sold Price
$2,600,000
Premium/Discount to List
-$150,000
-5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.99%
Original Mortgage
$2,080,000
Interest Rate
4.5%
Mortgage Type
Assumption

Purchase Details

Closed on
Nov 12, 1998
Sold by
Chandler Bonita E
Bought by
Chandler William H and Chandler Bonita H
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
Labhane Prashant -- Chicago Title Company
Prashant Labhane $2,600,000 Old Republic Title Co
Chandler William H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prashant Labhane $261,200
Open Labhane Prashant $2,022,500
Closed Labhane Prashant $2,047,000
Closed Prashant Labhane $2,080,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2018 10/17/18 Sold $2,600,000 -5.5% $2,811 / Sq Ft
09/17/2018 09/17/18 Pending -- -- --
09/06/2018 09/06/18 For Sale $2,750,000 -- $2,973 / 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 $36,422 $3,101,285 $2,844,571 $256,714
2024 $36,422 $3,014,867 $2,788,796 $226,071
2023 $33,905 $2,787,723 $2,734,114 $53,609
2022 $33,514 $2,733,062 $2,680,504 $52,558
2021 $32,854 $2,679,474 $2,627,946 $51,528
2020 $32,174 $2,652,000 $2,601,000 $51,000
2019 $31,820 $2,600,000 $2,550,000 $50,000
2018 $1,834 $76,294 $33,277 $43,017
2017 $1,800 $74,799 $32,625 $42,174
2016 $1,747 $73,334 $31,986 $41,348
2015 $1,723 $72,233 $31,506 $40,727
2014 $1,590 $70,819 $30,889 $39,930
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81722068

MLSListings

APN: 132-11-062