NOT LISTED FOR SALE

4140 Old Adobe Rd Palo Alto, CA 94306

Palo Alto Area

Estimated Value: $9,170,470

5 Beds
5.5 Baths
5,552 Sq Ft
$1,652/Sq Ft Est. Value

Sale Details

Date Sold: April 4, 2016

Last sale price $7,800,000 $1,405 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $61,526 / mo

14 Days on Market

Highlights

  • Media Room
  • Mountain View
  • Outdoor Fireplace
  • Lucille M. Nixon Elementary School Rated A+
  • Radiant Floor
  • Mediterranean Architecture

About This Home

As of April 2016

A rare combination of a virtually flat lot with beautiful pastoral hill-views and a prime location close to town. On this rare lot sits an exquisite mansion built in 2014 with fine materials, such as custom stonework with fossilized sea shells, custom carved stone fireplaces, handmade plaster walls, and a Crestron home automation system. The house includes approximately 2100 square feet of covered loggias, balconies, and decks, as well as large travertine terraces. Executive mansion in peaceful, prestigious Palo Alto Hills. 5 bed/5.5 bath masterpiece of 5,552 sq. ft. on lot of 43,561 sq. ft. Jaw-dropping spaces include home theater, library, gourmet kitchen w/ dual islands, and dining room w/ wine cellar. Newly landscaped grounds. Loggia w/ outdoor fireplace. 4 indoor fireplaces, detached 3-car garage. Moments from prime PA schools, major SV companies.

Last Agent to Sell the Property

Michael Repka

Deleon Realty License #70010006 Listed on: 03/10/2016

Last Buyer's Agent

Michael Repka

Deleon Realty License #70010006 Listed on: 03/10/2016

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 2012

Lot Details

  • 1 Acre Lot
  • Sprinklers on Timer
  • Back Yard Fenced
  • Zoning described as RE

Parking

  • 3 Car Attached Garage
  • Enclosed Parking
  • Garage Door Opener
  • Secured Garage or Parking
  • Guest Parking

Home Design

  • Mediterranean Architecture
  • Wood Frame Construction
  • Clay Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,552 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Wired For Sound
  • Beamed Ceilings
  • High Ceiling
  • 3 Fireplaces
  • Fireplace With Gas Starter
  • Clean Air Certified Fireplace
  • Double Pane Windows
  • Formal Entry
  • Formal Dining Room
  • Media Room
  • Library
  • Storage Room
  • Mountain Views

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Double Self-Cleaning Oven
  • Gas Oven
  • Range Hood
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Radiant Floor
  • Travertine

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • Stone Countertops In Bathroom
  • Dual Sinks
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Monitored
  • Fire and Smoke Detector
  • Fire Sprinkler System

Eco-Friendly Details

  • Energy-Efficient HVAC
  • ENERGY STAR/CFL/LED Lights

Outdoor Features

  • Balcony
  • Outdoor Fireplace

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • Thermostat
  • Separate Meters
  • Individual Gas Meter
  • Sewer Connection Less Than 500 Feet Away
  • Cable TV Available

Community Details

  • Controlled Access

Listing and Financial Details

  • Assessor Parcel Number 175-20-072

Home Details

Home Type

Single Family

Year Built

Built in 2012

Lot Details

1 Acres

Parking

3

Listing Details

  • Subclass: Single Family Home
  • Style: Mediterranean
  • Listing Class: Residential
  • Structure Sq Ft: 5552
  • Year Built: 2012
  • Zoning Description: RE
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Clean Air Certified, Gas Starter
  • Dining Room: Breakfast Nook, Formal Dining Room
  • Kitchen: Countertop - Granite, Dishwasher, Exhaust Fan, Freezer, Garbage Disposal, Hood Over Range, Ice Maker, Island with Sink, Microwave, Oven - Double, Oven - Self Cleaning, Oven Range - Gas, Pantry, Refrigerator
  • Living Sq Ft: 5552
  • Stories: 2
  • Security: Controlled / Secured Access, Fire Alarm, Fire System - Sprinkler, Secured Garage / Parking, Security Alarm, Video / Audio System
  • Laundry: Dryer, Hookup - Electric, Gas Hookup, Tub / Sink, Upper Floor, Washer
  • Flooring: Hardwood, Travertine
  • Additional Rooms: Formal Entry, Laundry Room, Library, Media / Home Theater, Storage
  • Fireplaces Min: 3
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Bathroom: Double Sinks, Shower and Tub, Stall Shower, Stone, Tub, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Clay
  • View: Mountains
  • Yard/Grounds: Back Yard, Balcony / Patio, Outdoor Fireplace, Sprinklers - Auto
  • Fencing: Fenced Back, Mixed Height / Type, Wood
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 3
  • Garage Parking Features: Attached Garage, Enclosed, Gate / Door Opener, Guest / Visitor Parking

Utilities

  • Cooling System: Central Forced Air - Gas, Multi-Zone
  • Heating System: Central Forced Air - Gas, Heating - 2+ Units, Heating - 2+ Zones, Radiant Floors
  • Sewer/Septic System: Sewer - Public, Sewer Connected, Sewer Connections - LESS than 500 feet away

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Open Beam Ceiling, Walk-in Closet, Wet Bar

Lot Info

  • Parcel Number: 175-20-072
  • Lot Acres: 1.0000
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 43560.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 43560.00

Green Features

  • Energy Features: Double Pane Windows, Energy Star Appliances, Energy Star HVAC, Energy Star Lighting, Thermostat Controller

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2016
Closed on
Mar 28, 2016
Sold by
Wang David E and Sugimoto Tina A
Bought by
Seller's Agent
Michael Repka
Deleon Realty
Buyer's Agent
Michael Repka
Deleon Realty
List Price
$7,388,000
Sold Price
$7,800,000
Premium/Discount to List
$412,000
5.58%
Current Estimated Value
$9,170,470

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,370,470
Avg. Annual Appreciation
1.56%

Purchase Details

Closed on
Aug 10, 2010
Sold by
Hodge Frederick J
Bought by
Wang David E and Sugimoto Tina A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,989,000
Interest Rate
4.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 2004
Sold by
Hodge Frederick J
Bought by
Hodge Frederick J and The Hodge Family Marital Trust
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$7,800,000 Chicago Title Company
Wang David E $2,486,500 Old Republic Title Company
Hodge Frederick J -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $2,235,000
Previous Owner Wang David E $1,880,000
Previous Owner Wang David E $1,989,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/04/2016 04/04/16 Sold $7,800,000 +5.6% $1,405 / Sq Ft
03/25/2016 03/25/16 Pending -- -- --
03/10/2016 03/10/16 For Sale $7,388,000 -- $1,331 / Sq Ft
Source: MLSListings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $112,313 $9,447,301 $5,433,627 $4,013,674
2025 $107,655 $9,262,061 $5,327,086 $3,934,975
2024 $107,655 $9,080,453 $5,222,634 $3,857,819
2023 $106,084 $8,902,406 $5,120,230 $3,782,176
2022 $104,883 $8,727,850 $5,019,834 $3,708,016
2021 $102,822 $8,556,716 $4,921,406 $3,635,310
2020 $100,653 $8,468,979 $4,870,944 $3,598,035
2019 $99,559 $8,302,922 $4,775,436 $3,527,486
2018 $96,770 $8,140,120 $4,681,800 $3,458,320
2017 $94,789 $7,956,000 $4,590,000 $3,366,000
2016 $66,404 $5,595,804 $2,489,200 $3,106,604
2015 $65,769 $5,511,750 $2,451,810 $3,059,940
2014 $35,965 $2,983,091 $2,403,783 $579,308
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81564624

MLSListings

APN: 175-20-072

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