NOT LISTED FOR SALE

423 Chaucer St Palo Alto, CA 94301

Crescent Park Neighborhood

Estimated Value: $7,799,000 - $8,917,000

5 Beds
4.5 Baths
3,858 Sq Ft
$2,132/Sq Ft Est. Value

Last Sold June 28, 2021

Last sale price $7,750,000 $2,009 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $51,748/month

4 Days on Market

Highlights

  • 0.4 Acre Lot
  • Wood Flooring
  • Spanish Architecture
  • Addison Elementary School Rated A+
  • Main Floor Bedroom
  • Neighborhood Views

About This Home

As of June 2021

Designed by Bay Area architect Julia Morgan & built by Coleman & Seidel in 1922, this splendid 5 bd/4.5ba Spanish Colonial Revival offers architectural character that is structured w/ rectangular shape, center chimneypiece, red tile roof, and delicate iron work. Owned by three families, this home of historic significance showcases the refinement of a bygone era w/ refinished mahogany floors, doors w/ varying overlaid carved designs & extensive built-ins. Fresh paint embellishes most rooms while vintage appointments are found in others. The 2-story home is quite spacious w/ formal venues plus an addition of large family room, beautifully capturing exquisite grounds & gardens that stretch across the 0.4 acre lot. With 2 main level bedrooms & 3 upstairs plus the extra-deep lot offers ample room for pool or ADU. Its prestigious Crescent Park address puts the home 5 blocks to University Ave shops & dining, Indeed a very special opportunity to own a treasured piece of Palo Altos past.

Last Agent to Sell the Property

Shelly Roberson

Compass License #01143296 Listed on: 05/20/2021

Compass

Last Buyer's Agent

Judy Citron

Compass License #01825569

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $97,599

Year Built

  • 1922

Lot Details

  • 0.4 Acre Lot
  • Wood Fence
  • Level Lot
  • Sprinklers on Timer
  • Back Yard

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Spanish Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Bitumen Roof
  • Clay Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,858 Sq Ft Home
  • 2-Story Property
  • Gas Log Fireplace
  • Separate Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Workshop
  • Neighborhood Views

Kitchen

  • Built-In Double Oven
  • Gas Cooktop
  • Disposal

Flooring

  • Wood
  • Concrete
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in Utility Room
  • Washer and Dryer

Outdoor Features

  • Balcony
  • Shed

Utilities

  • Forced Air Heating System
  • Floor Furnace
  • Vented Exhaust Fan

Home Details

Home Type

Single Family

Est. Annual Taxes

$97,599

Year Built

1922

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1929
  • Subclass: Single Family Home
  • Style: Spanish
  • Age: 99
  • Listing Class: Residential
  • Structure Sq Ft: 3858
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1922

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Log, Living Room
  • Dining Room: Formal Dining Room
  • Kitchen: Cooktop - Gas, Exhaust Fan, Garbage Disposal, Oven - Built-In, Oven - Double
  • Fireplace: Yes
  • Living Sq Ft: 3858
  • Stories: 2
  • Bedrooms: More Than One Bedroom On Ground Floor, Walk-In Closet
  • Laundry: In Utility Room, Washer / Dryer
  • Flooring: Concrete, Hardwood, Tile, Vinyl / Linoleum
  • Additional Rooms: Workshop
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Bathroom: Full On Ground Floor, Half On Ground Floor, Showers Over Tubs - 2+, Stall Shower, Tub

Exterior Features

  • Foundation: Concrete Perimeter And Slab, Concrete Slab
  • Roof: Bitumen, Clay
  • View: Neighborhood
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced, Sprinklers - Auto, Sprinklers - Lawn, Storage Shed / Structure
  • Fencing: Wood
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Detached Garage, Gate / Door Opener

Utilities

  • Heating System: Central Forced Air - Gas, Electric, Floor Furnace
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Walk-In Closet

Schools

  • School District: Palo Alto Unified
  • Elementary School: Addison Elementary
  • Middle School: Frank S. Greene Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 309
  • Middle School: 329

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.3987
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 17368.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 17368.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2021
Closed on
Jun 20, 2021
Sold by
Wasson Janet B and Wasson Family Trust
Bought by
Sands Emily Glassberg and Gilchrist Duncan Sheppard
Seller's Agent
Shelly Roberson
Compass
Buyer's Agent
Judy Citron
Compass
List Price
$7,395,000
Sold Price
$7,750,000
Premium/Discount to List
$355,000
4.8%
Current Estimated Value
$8,226,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$476,542
Avg. Annual Appreciation
0.73%
Original Mortgage
$5,000,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 2017
Sold by
Wasson Janet B
Bought by
Wasson Janet B
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
Sands Emily Glassberg $7,750,000 Old Republic Title Company
Wasson Janet B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sands Emily Glassberg $5,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2021 06/28/21 Sold $7,750,000 +4.8% $2,009 / Sq Ft
05/25/2021 05/25/21 Pending -- -- --
05/20/2021 05/20/21 For Sale $7,395,000 -- $1,917 / 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 $97,599 $8,388,849 $8,118,241 $270,608
2024 $97,599 $8,224,362 $7,959,060 $265,302
2023 $96,174 $8,063,100 $7,803,000 $260,100
2022 $95,085 $7,905,000 $7,650,000 $255,000
2021 $3,600 $221,931 $81,507 $140,424
2020 $3,460 $219,657 $80,672 $138,985
2019 $3,415 $215,351 $79,091 $136,260
2018 $3,340 $211,130 $77,541 $133,589
2017 $3,278 $206,991 $76,021 $130,970
2016 $3,185 $202,933 $74,531 $128,402
2015 $3,146 $199,886 $73,412 $126,474
2014 $2,989 $195,971 $71,974 $123,997
Source: Public Records

Agents Affiliated with this Home

  • Shelly Roberson

    Seller's Agent in 2021

    Shelly Roberson

    Compass

    (650) 464-3797

    1 in this area

    81 Total Sales

    Shelly Roberson
    Section Image
  • Judy Citron

    Buyer's Agent in 2021

    Judy Citron

    Compass

    (650) 400-8424

    9 in this area

    218 Total Sales

    Judy Citron
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81844806

MLSListings

APN: 003-06-043

California Santa Clara County Palo Alto 94301 Crescent Park

423 Chaucer St, Palo Alto, CA

This home is located at 423 Chaucer St, Palo Alto, CA 94301 since 20 May 2021 and is currently estimated at $8,226,542, approximately $2,132 per square foot. This property was built in 1922. 423 Chaucer St is a home located in Santa Clara County with nearby schools including Addison Elementary School, Frank S. Greene Jr. Middle, and Palo Alto High School.

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