NOT LISTED FOR SALE

Estimated Value: $2,708,000 - $2,977,867

3 Beds
1 Bath
1,374 Sq Ft
$2,094/Sq Ft Est. Value

Last Sold July 08, 2016

Last sale price $1,600,000 $1,164 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $17,690/month

22 Days on Market

Highlights

  • Eichler Home
  • Vaulted Ceiling
  • Bathtub with Shower
  • Juana Briones Elementary School Rated A+
  • Radiant Floor
  • 3-minute walk to Robles Park

About This Home

As of July 2016

All of the original mid-century modern Eichler style with none of the usual concerns! 3 Bedrooms plus an Optional 4th room which can be used as a Bedroom.Quarter million dollar remodel completed in 2016 has addressed common Eichler issues with all new electrical panel and wiring,insulated walls and drywall, smoke and CO detector system,energy and water efficient appliances and lighting, draft-free doors and windows, improved kitchen and bath exhaust, and beautiful flooring that doesn't interfere with the fully functioning radiant heat system. Remodel also included fully upgraded kitchen and bath,laundry room,paver driveway and new patio, and full pro landscape with lawns, fruit trees and high efficiency irrigation. All on a large lot enough space for a large addition. Laundy room has potential to be converted to a bathroom.Located in the coveted Palo Alto school district.Close to Silicon Valley tech companies & Stanford University. Don't miss out on this home!

Last Agent to Sell the Property

RECIP

Out of Area Office License #00000000 Listed on: 06/01/2016

Last Buyer's Agent

Paymon Ghafouri

Paymon Real Estate Group License #01375245

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,451

Year Built

  • Built in 1950

Lot Details

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

Parking

  • 2 Carport Spaces

Home Design

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

Interior Spaces

  • 1,374 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Combination Dining and Living Room

Kitchen

  • Electric Oven
  • Range Hood
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Formica Countertops
  • Disposal

Flooring

  • Radiant Floor
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Washer and Dryer

Utilities

  • Separate Meters

Community Details

  • Built by Charl

Listing and Financial Details

  • Assessor Parcel Number 132-45-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,451

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Style: Eichler
  • Property Condition: Built / Remodeled Green
  • Age: 66
  • Listing Class: Residential
  • Structure Sq Ft: 1374
  • Complex Name: Charl
  • Year Built: 1950
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Wood Burning
  • Dining Room: Dining Area in Living Room
  • Kitchen: Countertop - Formica, Dishwasher, Garbage Disposal, Hood Over Range, Oven - Electric, Refrigerator
  • Living Sq Ft: 1374
  • Stories: 1
  • Laundry: Hookup - Electric, Washer / Dryer
  • Flooring: Vinyl / Linoleum
  • Additional Rooms: Laundry Room
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Shower and Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tar and Gravel
  • Yard/Grounds: Back Yard, Sprinklers - Auto
  • Fencing: Wood
  • Construction Type: Wood, Wood Frame

Garage/Parking

  • Garage Parking Features: Carport
  • Carport Min: 2

Utilities

  • Heating System: Radiant Floors
  • Sewer/Septic System: Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Vaulted Ceiling

Schools

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

Lot Info

  • Parcel Number: 132-45-003
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9117.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9117.00

Green Features

  • Energy Features: Energy Star Appliances

Multi Family

  • Utilities: Individual Electric Meters

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

Listed on
Jun 1, 2016
Closed on
Jun 24, 2016
Sold by
The Herzl Family Partnership Ii Lp
Bought by
Panda Arun and Debata Sumita
Seller's Agent
RECIP
Out of Area Office
Buyer's Agent
Paymon Ghafouri
Paymon Real Estate Group
List Price
$1,950,000
Sold Price
$1,600,000
Premium/Discount to List
-$350,000
-17.95%
Current Estimated Value
$2,819,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,219,012
Avg. Annual Appreciation
6.51%
Original Mortgage
$80,000
Interest Rate
3.54%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 21, 1998
Sold by
Selma Herzl and Selma David T
Bought by
The Herzl Family Partnership Ii Lp
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
Panda Arun $1,600,000 First American Title
The Herzl Family Partnership Ii Lp $380,000 --
Herzl David T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Panda Arun $1,282,598
Closed Panda Arun $80,000
Closed Panda Arun $1,280,000
Previous Owner The Herzl Family Partnership Ii Lp $223,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2016 07/08/16 Sold $1,600,000 -8.6% $1,164 / Sq Ft
06/24/2016 06/24/16 Pending -- -- --
06/10/2016 06/10/16 Price Changed $1,750,000 -10.3% $1,274 / Sq Ft
06/01/2016 06/01/16 For Sale $1,950,000 -- $1,419 / 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 $25,451 $2,087,536 $1,638,471 $449,065
2023 $25,074 $2,046,605 $1,606,345 $440,260
2022 $23,829 $1,926,478 $1,574,849 $351,629
2021 $21,374 $1,722,038 $1,543,970 $178,068
2020 $20,937 $1,704,382 $1,528,139 $176,243
2019 $20,703 $1,670,964 $1,498,176 $172,788
2018 $20,139 $1,638,200 $1,468,800 $169,400
2017 $19,713 $1,600,000 $1,440,000 $160,000
2016 $1,724 $71,377 $25,931 $45,446
2015 $1,700 $70,306 $25,542 $44,764
2014 $1,568 $68,930 $25,042 $43,888
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81588284

MLSListings

APN: 132-45-003