NOT LISTED FOR SALE

Estimated Value: $3,669,000 - $4,404,000

3 Beds
2 Baths
1,860 Sq Ft
$2,186/Sq Ft Est. Value

Last Sold September 04, 2015

Last sale price $2,800,000 $1,505 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $24,536/month

5 Days on Market

Highlights

  • Art Studio
  • Skyline View
  • Wood Flooring
  • Juana Briones Elementary School Rated A+
  • Ranch Style House
  • 2 Fireplaces

About This Home

As of September 2015

LOCATION, LOCATION, LOCATION. Outstanding opportunity in the highly desirable Green Acres II neighborhood of Palo Alto. Spacious Living room, dining room, and family room. Roomy bedrooms & wonderful natural light. Air-conditioning. Large private lot with mature landscaping. Bicycle friendly streets, top-rated Palo Alto schools, including GUNN High, all within an easy walk. Detached art studio/workshop. Move-in ready or remodel. Easy commute via car or bicycle to many hi-tech companies.

Last Agent to Sell the Property

Barbara Telesco-Curley

Golden Gate Sotheby's International Realty License #01837664 Listed on: 08/13/2015

Golden Gate Sotheby's International Realty

Last Buyer's Agent

Grace Wu

Compass License #00886757

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,097

Year Built

  • Built in 1953

Lot Details

  • Wood Fence
  • Sprinklers on Timer
  • Back Yard
  • Zoning described as R1

Parking

  • 1 Car Attached Garage
  • 1 Carport Space

Home Design

  • Ranch Style House
  • Wood Frame Construction
  • Tar and Gravel Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,860 Sq Ft Home
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Separate Family Room
  • Dining Area
  • Art Studio
  • Workshop
  • Skyline Views
  • Crawl Space
  • Laundry Tub

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Electric Cooktop
  • Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

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

Outdoor Features

  • Balcony
  • Shed

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 137-27-092

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,097

Year Built

Built in 1953

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Listing Class: Residential
  • Structure Sq Ft: 1860
  • Incorporated: Yes
  • Year Built: 1953
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Starter, Wood Burning
  • Dining Room: Dining Area, Eat in Kitchen
  • Kitchen: Cooktop - Electric, Dishwasher, Garbage Disposal, Hood Over Range, Oven - Built-In, Refrigerator
  • Living Sq Ft: 1860
  • Laundry: Hookup - Electric, Tub / Sink
  • Flooring: Carpet, Hardwood, Laminate, Vinyl / Linoleum
  • Additional Rooms: Artist Studio, Workshop
  • Fireplaces Min: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Shower and Tub, Skylight, Stall Shower
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space
  • Roof: Tar and Gravel
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced, Sprinklers - Auto, Sprinklers - Lawn, Storage Shed / Structure
  • Fencing: Wood
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 1
  • Garage Parking Features: Attached Garage, Carport, Room for Oversized Vehicle
  • Carport Min: 1

Utilities

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

Schools

  • High School: 325

Lot Info

  • Parcel Number: 137-27-092
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9526.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9526.00

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: Terman Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2021
Sold by
Liang Chun and Liu Zhigang
Bought by
Liu Zhigang and Liang Chun
Current Estimated Value
$4,065,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,740,000
Outstanding Balance
$1,562,418
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$2,502,772

Purchase Details

Listed on
Aug 13, 2015
Closed on
Aug 31, 2015
Sold by
Roberts Nancy Carol
Bought by
Liang Chun and Liu Zhigang
Seller's Agent
Barbara Telesco-Curley
Golden Gate Sotheby's International Realty
Buyer's Agent
Grace Wu
Compass
List Price
$2,250,000
Sold Price
$2,800,000
Premium/Discount to List
$550,000
24.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.74%
Original Mortgage
$1,960,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 23, 2002
Sold by
Alsop Verdie C
Bought by
Alsop Verdie C and Roberts Nancy
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
Liu Zhigang -- Commonwealth Land Title Co
Liang Chun $2,800,000 Old Republic Title Company
Alsop Verdie C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liu Zhigang $1,740,000
Closed Liang Chun $1,960,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/04/2015 09/04/15 Sold $2,800,000 +24.4% $1,505 / Sq Ft
08/19/2015 08/19/15 Pending -- -- --
08/13/2015 08/13/15 For Sale $2,250,000 -- $1,210 / 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 $39,097 $3,314,626 $2,900,301 $414,325
2024 $39,097 $3,249,634 $2,843,433 $406,201
2023 $38,522 $3,185,917 $2,787,680 $398,237
2022 $38,078 $3,123,449 $2,733,020 $390,429
2021 $37,328 $3,062,206 $2,679,432 $382,774
2020 $36,551 $3,030,808 $2,651,958 $378,850
2019 $36,149 $2,971,381 $2,599,959 $371,422
2018 $35,148 $2,913,120 $2,548,980 $364,140
2017 $34,531 $2,856,000 $2,499,000 $357,000
2016 $33,627 $2,800,000 $2,450,000 $350,000
2015 $2,230 $122,211 $40,727 $81,484
2014 $2,087 $119,818 $39,930 $79,888
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81499763

MLSListings

APN: 137-27-092