NOT LISTED FOR SALE

Estimated Value: $4,128,000 - $4,951,000

5 Beds
4.5 Baths
2,806 Sq Ft
$1,663/Sq Ft Est. Value

Last Sold November 09, 2015

Last sale price $2,635,000 $939 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $29,467/month

13 Days on Market

Highlights

  • Wood Flooring
  • Hydromassage or Jetted Bathtub
  • Granite Countertops
  • Juana Briones Elementary School Rated A+
  • Great Room
  • 3-minute walk to Juana Briones Park

About This Home

As of November 2015

Beautifully appointed home, built in 2009, in sought after Green Acres Palo Alto neighborhood! Formal Liv Rm w/ cherry wood flrs, gas FP & tray ceilings. Formal Din Rm w/ crystal drop chandelier. Tremendous great rm combines gourmet Kit, informal dining & Fam Rm. Main Level Suite perfect for home office or guest suite. Kit w/ rich, custom cabinetry, pantry & large granite island opens to Fam Rm. Master Suite w/ French doors to private patio, custom walk-in closet. Spacious backyard.

Last Agent to Sell the Property

David Troyer

Intero Real Estate Services License #01234450 Listed on: 09/29/2015

Intero Real Estate Services

Last Buyer's Agent

William Gorman

Coldwell Banker Realty License #01053691

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,961

Year Built

  • Built in 2009

Lot Details

  • 7,579 Sq Ft Lot
  • Wood Fence
  • Back Yard
  • Zoning described as R1

Parking

  • 1 Car Detached Garage
  • Off-Street Parking

Home Design

  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,806 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Gas Fireplace
  • Formal Entry
  • Great Room
  • Formal Dining Room
  • Laundry Room

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Double Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Stone
  • Tile

Bedrooms and Bathrooms

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

Additional Features

  • Balcony
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 137-26-053

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,961

Year Built

Built in 2009

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Age: 6
  • Listing Class: Residential
  • Structure Sq Ft: 2806
  • Year Built: 2009
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Burning
  • Dining Room: Breakfast Bar, Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Island with Sink, Microwave, Oven - Double
  • Living Sq Ft: 2806
  • Stories: 2
  • Laundry: Hookup - Washer/Dryer
  • Flooring: Hardwood, Stone, Tile
  • Additional Rooms: Formal Entry, Great Room, Laundry Room
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Bathroom: Double Sinks, Shower and Tub, Stall Shower, Stone, Tub with Jets
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Tile
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced
  • Fencing: Wood

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Detached Garage, Off-Street Parking

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Walk-in Closet, Wet Bar

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: 137-26-053
  • Lot Acres: 0.1740
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7578.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7578.00

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
Apr 18, 2016
Sold by
Bhargava Yogesh
Bought by
Urmila & Yogesh Bhargava Trust and Bhargava Urmila
Current Estimated Value
$4,834,552

Purchase Details

Listed on
Sep 29, 2015
Closed on
Nov 5, 2015
Sold by
Bhargava Ekta
Bought by
Bhargava Amit
Seller's Agent
David Troyer
Intero Real Estate Services
Buyer's Agent
William Gorman
Coldwell Banker Realty
List Price
$2,798,000
Sold Price
$2,635,000
Premium/Discount to List
-$163,000
-5.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.03%
Original Mortgage
$1,450,000
Outstanding Balance
$1,096,614
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,570,938

Purchase Details

Listed on
Sep 29, 2015
Closed on
Nov 3, 2015
Sold by
Kohlmeier Jace and Kohlmeier Jill
Bought by
Bhargava Amit and Bhargava Yogesh
Seller's Agent
David Troyer
Intero Real Estate Services
Buyer's Agent
William Gorman
Coldwell Banker Realty
List Price
$2,798,000
Sold Price
$2,635,000
Premium/Discount to List
-$163,000
-5.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,450,000
Outstanding Balance
$1,096,614
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,570,938

Purchase Details

Closed on
Jun 30, 2011
Sold by
Kwong Alex Kwong and Kwong Tai Wong
Bought by
Kohlmeier Jace and Kohlmeier Jill

Purchase Details

Closed on
Oct 13, 2005
Sold by
Kwong Alex Kwong and Kwong Tai Wong
Bought by
Kwong Alex Kwong and Kwong Tai Wong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
6.14%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 30, 1999
Sold by
Dake Frank J and Joseph Frank
Bought by
Kwong Kwong Nam and Kwong Tai Wong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
6.79%

Purchase Details

Closed on
Mar 9, 1998
Sold by
Dake Frank J
Bought by
Frank Joseph Dake Revocable Living Trust
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
Urmila & Yogesh Bhargava Trust -- None Available
Bhargava Amit -- First American Title Company
Bhargava Yogesh -- First American Title Company
Bhargava Amit $2,635,000 First American Title Company
Kohlmeier Jace $1,910,000 Fidelity National Title Co
Kwong Alex Kwong -- First American Title Company
Kwong Kwong Nam $465,000 First American Title Guarant
Frank Joseph Dake Revocable Living Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Urmila And Yogesh Bhargava Tru $700,000
Open Bhargava Amit $1,450,000
Previous Owner Kwong Alex Kwong $110,000
Previous Owner Kwong Alex Kwong $896,000
Previous Owner Kwong Alex Kwong $98,000
Previous Owner Kwong Alex Kwong $100,000
Previous Owner Kwong Kwong Nam $472,500
Previous Owner Kwong Kwong Nam $155,000
Previous Owner Kwong Kwong Nam $100,000
Previous Owner Kwong Kwong Nam $372,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2015 11/09/15 Sold $2,635,000 -5.8% $939 / Sq Ft
10/13/2015 10/13/15 Pending -- -- --
09/29/2015 09/29/15 For Sale $2,798,000 -- $997 / 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 $35,961 $3,119,300 $1,775,693 $1,343,607
2024 $35,961 $3,058,138 $1,740,876 $1,317,262
2023 $35,437 $2,998,176 $1,706,742 $1,291,434
2022 $35,034 $2,939,389 $1,673,277 $1,266,112
2021 $34,343 $2,881,755 $1,640,468 $1,241,287
2020 $33,613 $2,852,208 $1,623,648 $1,228,560
2019 $33,249 $2,796,283 $1,591,812 $1,204,471
2018 $32,324 $2,741,454 $1,560,600 $1,180,854
2017 $31,758 $2,687,700 $1,530,000 $1,157,700
2016 $31,693 $2,635,000 $1,500,000 $1,135,000
2015 $24,318 $1,995,883 $1,004,343 $991,540
2014 $23,819 $1,956,788 $984,670 $972,118
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81516652

MLSListings

APN: 137-26-053