NOT LISTED FOR SALE

Estimated Value: $5,591,000 - $5,838,000

5 Beds
3.5 Baths
2,805 Sq Ft
$2,016/Sq Ft Est. Value

Last Sold October 02, 2018

Last sale price $4,388,000 $1,564 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $36,440/month

25 Days on Market

Highlights

  • Newly Remodeled
  • Skyline View
  • Wood Flooring
  • Fairmeadow Elementary School Rated A+
  • Vaulted Ceiling
  • Main Floor Primary Bedroom

About This Home

As of October 2018

This stunning custom built brand new Mediterranean home with 5 BR, 3.5 BA is complete with 3,023± SF of modern and luxury finishes that includes a one car garage. Greeted by Cobble paver stones, professionally landscaped grounds & custom wood gates, European white oak flooring extends throughout the house. The first floor offers a guest suite plus a home office/5th BR. Dramatic high ceilings, crown moldings, chef's kitchen with top-of-the-line stainless Thermador appliances, custom cabinetry, quartz countertop plus an island. This smart Google home powering a 44" Crystal Spiridon Ring Chandelier, LED ceiling lights & Polk ceiling speakers. Master suite boasts a spa-like bathroom with a 20" rain shower ceiling, a large soaking tub & a walk-in closet. A Jack & Jill bathroom connected by two bedrooms. Steps away from Cubberley Community Center, Mitchell Park Library, Charleston Shopping Center and hi-tech companies including Google and Facebook. Excellent Palo Alto Schools.

Last Agent to Sell the Property

Carol Li

Compass License #01227755 Listed on: 08/22/2018

Compass

Last Buyer's Agent

Joan Zhao

Dydx Realty, Inc. License #01407771

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $56,419

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 7,976 Sq Ft Lot
  • Sprinklers on Timer
  • Back Yard Fenced
  • Zoning described as R1

Parking

  • 1 Car Garage
  • Off-Street Parking

Home Design

  • Mediterranean Architecture
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,805 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Skylights in Kitchen
  • Gas Fireplace
  • Double Pane Windows
  • Bay Window
  • Family or Dining Combination
  • Skyline Views
  • Crawl Space
  • Smart Home

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Built-In Self-Cleaning Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Bathroom on Main Level
  • Stone Countertops In Bathroom
  • Dual Sinks
  • Bathtub with Shower
  • Walk-in Shower

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 127-16-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$56,419

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Mediterranean
  • Listing Class: Residential
  • Structure Sq Ft: 2805
  • Construction: Completed-Never Occupied, New Construction
  • Year Built: 2018
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Burning
  • Dining Room: Dining Area in Family Room, Eat in Kitchen, No Formal Dining Room
  • Kitchen: Cooktop - Gas, Dishwasher, Garbage Disposal, Hood Over Range, Ice Maker, Island, Island with Sink, Microwave, Oven - Built-In, Oven - Self Cleaning, Pantry, Refrigerator, Skylight, Wine Refrigerator
  • Living Sq Ft: 2805
  • Stories: 2
  • Bedrooms: Ground Floor Bedroom, Primary Bedroom on Ground Floor, More than One Bedroom on Ground Floor
  • Flooring: Tile, Wood
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Bathroom: Double Sinks, Half on Ground Floor, Primary - Stall Shower(s), Shower and Tub, Skylight, Stone, Tub in Primary Bedroom
  • Fireplace: Yes

Exterior Features

  • Foundation: Crawl Space
  • Roof: Tile
  • Yard/Grounds: Back Yard, Fenced, Sprinklers - Auto
  • Fencing: Fenced Back
  • Construction Type: Stucco

Garage/Parking

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

Utilities

  • Cooling System: Central AC, Multi-Zone
  • Heating System: Central Forced Air, Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Bay Window, Skylight, Vaulted Ceiling, Walk-in Closet

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: 127-16-007
  • Lot Acres: 0.1831
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7974.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7974.00

Green Features

  • Energy Features: Double Pane Windows, Smart Home System, Tankless Water Heater

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
Apr 1, 2020
Sold by
Wang Richard T and Huang Xianyan
Bought by
Wang Richard and The Wang Huang Revocable Trust
Total Days on Market
25
Current Estimated Value
$5,653,824

Purchase Details

Listed on
Aug 22, 2018
Closed on
Sep 24, 2018
Sold by
4118 Sutherland Llc
Bought by
Wang Richard T and Huang Xianyan
Seller's Agent
Carol Li
Compass
Buyer's Agent
Joan Zhao
Dydx Realty, Inc.
List Price
$4,388,000
Sold Price
$4,388,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.36%

Purchase Details

Closed on
Sep 28, 2017
Sold by
Chen Li and Huang Hsingyi
Bought by
4118 Sutherland Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,781,000
Interest Rate
3.82%
Mortgage Type
Construction

Purchase Details

Listed on
Jun 17, 2013
Closed on
Jul 18, 2013
Sold by
Green Ronald L and Green Barbara D
Bought by
Chen Li and Huang Hsingyi
Seller's Agent
Doris S. Messina
Coldwell Banker Realty
Buyer's Agent
Greg Stange
Coldwell Banker Realty
List Price
$1,225,000
Sold Price
$1,400,000
Premium/Discount to List
$175,000
14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.58%
Original Mortgage
$840,000
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 23, 1993
Sold by
Green Ronald L and Green Barbara
Bought by
Green Ronald L and Green Barbara D
Source: Public Records

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Range of Values:

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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
Wang Richard -- None Available
Wang Richard T $4,388,000 Old Republic Title Co
4118 Sutherland Llc -- Old Republic Title Company
Chen Li $1,400,000 Old Republic Title Company
Green Ronald L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 4118 Sutherland Llc $1,781,000
Previous Owner Chen Li $840,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2018 10/02/18 Sold $4,388,000 0.0% $1,564 / Sq Ft
09/17/2018 09/17/18 Pending -- -- --
08/22/2018 08/22/18 For Sale $4,388,000 +213.4% $1,564 / Sq Ft
07/30/2013 07/30/13 Sold $1,400,000 +14.3% $1,276 / Sq Ft
06/18/2013 06/18/13 Pending -- -- --
06/17/2013 06/17/13 For Sale $1,225,000 -- $1,117 / 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 $56,419 $4,717,686 $3,699,096 $1,018,590
2023 $55,593 $4,625,183 $3,626,565 $998,618
2022 $54,959 $4,534,494 $3,555,456 $979,038
2021 $53,879 $4,445,584 $3,485,742 $959,842
2020 $53,643 $4,475,760 $3,519,000 $956,760
2019 $53,057 $4,388,000 $3,450,000 $938,000
2018 $22,683 $1,847,276 $1,508,316 $338,960
2017 $18,282 $1,478,740 $1,035,119 $443,621
2016 $17,881 $1,449,746 $1,014,823 $434,923
2015 $17,705 $1,427,971 $999,580 $428,391
2014 $17,315 $1,400,000 $980,000 $420,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81720014

MLSListings

APN: 127-16-007