NOT LISTED FOR SALE

Estimated Value: $2,654,000 - $3,230,454

3 Beds
2 Baths
1,708 Sq Ft
$1,748/Sq Ft Est. Value

Last Sold January 03, 2019

Last sale price $2,000,000 $1,171 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $17,887/month

51 Days on Market

Highlights

  • Wood Flooring
  • Den
  • Bathtub with Shower
  • Juana Briones Elementary School Rated A+
  • 2 Car Detached Garage
  • 1-minute walk to Robles Park

About This Home

As of January 2019

Incredible new price! Located directly across the street from Robles Park you'll find this inviting, comfortable property! This spacious home includes 3 bedrooms plus an office nook, a large separate family room, and a living/dining room combination with a wood burning fireplace. Other features include beautiful hardwood floors, a laundry room next to the kitchen, and a large detached 2-car garage. The approx. 8,555 sq ft lot provides lots of potential. Award winning Palo Alto schools!

Last Agent to Sell the Property

Susan Kramer

Intero Real Estate Services License #01399140 Listed on: 10/18/2018

Intero Real Estate Services

Last Buyer's Agent

Sue Cheng

Intero Real Estate Services License #02027196

Intero Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,078

Year Built

  • Built in 1960

Lot Details

  • 8,555 Sq Ft Lot
  • Zoning described as R1650

Parking

  • 2 Car Detached Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,708 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Separate Family Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Den
  • Utility Room
  • Crawl Space

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 132-44-031

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,078

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Listing Class: Residential
  • Structure Sq Ft: 1708
  • Year Built: 1960
  • Zoning Description: R1650
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room, Wood Burning
  • Dining Room: Dining Area in Living Room
  • Living Sq Ft: 1708
  • Stories: 1
  • Laundry: Inside, Washer / Dryer
  • Flooring: Hardwood, Vinyl / Linoleum
  • Additional Rooms: Laundry Room, Office Area, Utility Room
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Primary - Stall Shower(s), Shower and Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Detached Garage

Utilities

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

Schools

  • High School: 325

Lot Info

  • Parcel Number: 132-44-031
  • Lot Acres: 0.1964
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8555.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8555.00

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: Ellen Fletcher Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2018
Closed on
Jan 2, 2019
Sold by
Marion Mark D
Bought by
Sheng Honggang and Yan Yanping
Seller's Agent
Susan Kramer
Intero Real Estate Services
Buyer's Agent
Sue Cheng
Intero Real Estate Services
List Price
$2,598,000
Sold Price
$2,000,000
Premium/Discount to List
-$598,000
-23.02%
Current Estimated Value
$2,986,114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$986,114
Avg. Annual Appreciation
6.05%
Original Mortgage
$1,350,000
Outstanding Balance
$1,163,942
Interest Rate
3.69%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,822,172

Purchase Details

Closed on
May 23, 1995
Sold by
Marion Sarah C
Bought by
Marion Sarah C
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
Sheng Honggang $2,000,000 First American Title Co
Marion Sarah C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sheng Honggang $1,350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/03/2019 01/03/19 Sold $2,000,000 -9.1% $1,171 / Sq Ft
12/09/2018 12/09/18 Pending -- -- --
11/01/2018 11/01/18 Price Changed $2,200,000 -15.3% $1,288 / Sq Ft
10/18/2018 10/18/18 For Sale $2,598,000 -- $1,521 / 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 $27,078 $2,263,505 $2,091,596 $171,909
2024 $27,078 $2,219,124 $2,050,585 $168,539
2023 $27,078 $2,175,613 $2,010,378 $165,235
2022 $26,370 $2,132,955 $1,970,959 $161,996
2021 $25,851 $2,091,133 $1,932,313 $158,820
2020 $24,970 $2,040,000 $1,912,500 $127,500
2019 $1,924 $88,588 $28,554 $60,034
2018 $1,811 $86,852 $27,995 $58,857
2017 $1,777 $85,150 $27,447 $57,703
2016 $1,723 $83,481 $26,909 $56,572
2015 $941 $82,228 $26,505 $55,723
2014 $985 $80,618 $25,986 $54,632
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81728141

MLSListings

APN: 132-44-031