NOT LISTED FOR SALE

Estimated Value: $3,774,000 - $4,621,000

5 Beds
5 Baths
2,404 Sq Ft
$1,768/Sq Ft Est. Value

Last Sold August 25, 2023

Last sale price $3,750,000 $1,560 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $26,863/month

17 Days on Market

Highlights

  • Wood Flooring
  • Quartz Countertops
  • Walk-In Closet
  • Juana Briones Elementary School Rated A+
  • Bathtub
  • Forced Air Heating and Cooling System

About This Home

As of August 2023

3 Bed, 3 Bath, 1,685 sq. ft. Home + 2 Fully Permitted ADUs in Bucolic Green Acres Neighborhood of Palo Alto. Walking distance to Juana Briones Elementary, Fletcher Middle, and Gunn High School. Hardwood floors throughout, spacious living and dining room area with ample natural light, custom French doors, built-in bookshelves, recessed lighting, and crown molding. Kitchen with breakfast bar, quartz countertops, a garden window, stainless steel appliances, a prep sink, and ample cabinet storage. Bathrooms feature custom Heath tiles from Sausalito. Primary suite has reach-in and walk-through closets, recessed lighting, custom baseboards, dual sinks, a custom vanity, tiled floors, and a separate water closet. The backyard has mature trees and plants. Private jacuzzi and stock tank for soaking and relaxing, as well as a TimberTech patio and walkway decking. The two ADUs are each 480 square feet and 240 square feet, respectively. They each have private bathrooms, kitchens, the larger having a washer/dryer, providing maximum versatility. This home is perfect for a growing family or for someone who wants to generate income from renting out the ADUs.

Last Agent to Sell the Property

Kei Group

Compass License #70010147 Listed on: 06/22/2023

Last Buyer's Agent

Umang Sanchorawala

Compass License #01471341

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $45,055

Year Built

  • Built in 1952

Lot Details

  • 9,544 Sq Ft Lot
  • Zoning described as R1

Parking

  • 2 Car Garage

Home Design

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

Interior Spaces

  • 2,404 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Combination Dining and Living Room
  • Wood Flooring
  • Laundry in Garage

Kitchen

  • Gas Oven
  • Dishwasher
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • 5 Full Bathrooms
  • Dual Sinks
  • Bathtub
  • Walk-in Shower

Additional Homes

  • 480 SF Accessory Dwelling Unit
  • Accessory Dwelling Unit (ADU)

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Assessor Parcel Number 137-27-090

Home Details

Home Type

Single Family

Est. Annual Taxes

$45,055

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 71
  • Listing Class: Residential
  • Second Res Apx Sq Ft: 480
  • Structure Sq Ft: 2404
  • Incorporated: Yes
  • Year Built: 1952
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Wood Burning
  • Dining Room: Dining Area in Living Room
  • Kitchen: Countertop - Quartz, Dishwasher, Garbage Disposal, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 2404
  • Stories: 1
  • Bedrooms: Primary Bedroom on Ground Floor
  • Laundry: In Garage
  • Flooring: Hardwood
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Bathroom: Double Sinks, Primary - Stall Shower(s), Tub, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tar and Gravel
  • Construction Type: Wood Frame

Garage/Parking

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

Utilities

  • Cooling System: Central AC, Window / Wall Unit
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Walk-in Closet

Schools

  • School District: Palo Alto Unified
  • Elementary School: Juana Briones Elementary
  • Middle School: Ellen Fletcher Middle
  • High School: Henry M. Gunn High
  • High School: 325
  • Elementary School: 317
  • Middle School: 323

Lot Info

  • Parcel Number: 137-27-090
  • Lot Acres: 0.2191
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9543.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9543.00

Multi Family

  • Second Unit Description: Detached ADU

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
Jun 22, 2023
Closed on
Aug 22, 2023
Sold by
Otanez Jennifer L
Bought by
Anand Puneet and Sugandhi Fnu
Seller's Agent
Kei Group
Compass
Buyer's Agent
Umang Sanchorawala
Compass
List Price
$3,688,000
Sold Price
$3,750,000
Premium/Discount to List
$62,000
1.68%
Views
54
Current Estimated Value
$4,249,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$499,274
Avg. Annual Appreciation
6.42%
Original Mortgage
$1,250,000
Outstanding Balance
$1,220,457
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$3,028,817

Purchase Details

Closed on
Mar 26, 2015
Sold by
Chang Kiki D and Otanez Jennifer L
Bought by
Otanez Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$446,500
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 25, 2003
Sold by
Starr Jon C and Jon C Starr 1998 Trust
Bought by
Chang Kiki D and Otanez Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 6, 2002
Sold by
Starr Jon C
Bought by
Starr Jon C and The Jon C Starr 1998 Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.22%

Purchase Details

Closed on
Sep 21, 2001
Sold by
Starr Jon C
Bought by
Starr Jon C and Jon C Starr 1998 Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$770,000
Interest Rate
6.62%

Purchase Details

Closed on
Jun 1, 1998
Sold by
Starr Jon Curtis
Bought by
Starr Jon C and Jon C Starr 1998 Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.17%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 20, 1998
Sold by
Starr Pamela Louise
Bought by
Starr Jon Curtis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.17%
Mortgage Type
Unknown
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
Anand Puneet $3,750,000 Chicago Title
Otanez Jennifer L -- Chicago Title Company
Chang Kiki D $1,275,000 Old Republic Title Company
Starr Jon C -- Old Republic Title Company
Starr Jon C -- Old Republic Title Company
Starr Jon C -- Old Republic Title Company
Starr Jon C -- Old Republic Title Company
Starr Jon C -- --
Starr Jon Curtis -- --
Starr Pamela Louise -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anand Puneet $1,250,000
Previous Owner Otanez Jennifer L $100,000
Previous Owner Otanez Jennifer L $446,500
Previous Owner Otanez Jennifer L $450,000
Previous Owner Chang Kiki D $500,000
Previous Owner Starr Jon C $650,000
Previous Owner Starr Jon C $650,000
Previous Owner Starr Jon C $770,000
Previous Owner Starr Jon C $600,000
Previous Owner Starr Jon Curtis $100,000
Closed Chang Kiki D $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2023 08/25/23 Sold $3,750,000 +1.7% $1,560 / Sq Ft
07/10/2023 07/10/23 Pending -- -- --
06/22/2023 06/22/23 For Sale $3,688,000 -- $1,534 / 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 $45,055 $3,825,000 $3,519,000 $306,000
2024 $45,055 $3,750,000 $3,450,000 $300,000
2023 $45,055 $1,905,319 $1,434,906 $470,413
2022 $23,215 $1,867,961 $1,406,771 $461,190
2021 $22,758 $1,831,336 $1,379,188 $452,148
2020 $22,293 $1,812,559 $1,365,047 $447,512
2019 $22,046 $1,777,020 $1,338,282 $438,738
2018 $19,980 $1,617,668 $1,312,042 $305,626
2017 $19,478 $1,573,150 $1,286,316 $286,834
2016 $18,838 $1,531,325 $1,261,095 $270,230
2015 $18,652 $1,508,324 $1,242,153 $266,171
2014 $18,247 $1,478,779 $1,217,821 $260,958
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81932758

MLSListings

APN: 137-27-090