Seller's Agent in 2023
Leslie Woods
Sereno Group
(650) 796-9580
1 in this area
68 Total Sales
425 Fulton St Palo Alto, CA 94301
Crescent Park NeighborhoodEstimated Value: $3,382,000 - $3,940,000
3
Beds
3
Baths
1,951
Sq Ft
$1,910/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Formal Dining Room
- Separate Family Room
- Addison Elementary School Rated A+
- Forced Air Heating System
- Washer and Dryer
About This Home
As of January 2023Well-loved by the same owners for 50 years, this old-style bungalow has preserved charm from the 1920s with contemporary touches for today's modern lifestyle. The expansive living room takes your breath away when you enter with its soaring ceilings, original woodwork, and natural light. The cohesive flow of the floorplan connects all the spaces very nicely and creates a lovely environment for family living. The upstairs primary suite is just glorious. It is light and open with high ceilings. A private deck overlooking treetops, the garden below, and the neighborhood beyond. The bathroom is roomy and has great light with a skylight above the vanity revealing a mature oak tree and a full glass door providing a lovely view of the deck and potted plants. It has a special design that brings the outdoors in and creates a lovely environment. Beautifully landscaped. Quiet, friendly neighborhood and minutes from downtown Palo Alto. Highly acclaimed Palo Alto Schools.
Last Agent to Sell the Property
Christie's International Real Estate Sereno License #01855901 Listed on: 09/08/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $40,015
Year Built
- Built in 1922
Lot Details
- 5,676 Sq Ft Lot
- Zoning described as R1
Parking
- Uncovered Parking
Home Design
- Shake Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1,951 Sq Ft Home
- 2-Story Property
- Wood Burning Fireplace
- Separate Family Room
- Living Room with Fireplace
- Formal Dining Room
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
Laundry
- Laundry in unit
- Washer and Dryer
Utilities
- Forced Air Heating System
Listing and Financial Details
- Assessor Parcel Number 003-02-010
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 8, 2022
Closed on
Jan 5, 2023
Sold by
Chen Rong
Bought by
Liu Zhengmao
Seller's Agent
Leslie Woods
Christie's International Real Estate Sereno
Buyer's Agent
Rachel Fu
BQ Realty
List Price
$3,390,000
Sold Price
$3,262,500
Premium/Discount to List
-$127,500
-3.76%
Views
43
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$464,833
Avg. Annual Appreciation
5.17%
Original Mortgage
$2,610,000
Outstanding Balance
$2,513,058
Interest Rate
5.38%
Mortgage Type
New Conventional
Estimated Equity
$1,214,275
Purchase Details
Listed on
Sep 8, 2022
Closed on
Dec 23, 2022
Sold by
Stultz Revocable Living Trust
Bought by
Chen Rong and Liu Zhengmao
Seller's Agent
Leslie Woods
Christie's International Real Estate Sereno
Buyer's Agent
Rachel Fu
BQ Realty
List Price
$3,390,000
Sold Price
$3,262,500
Premium/Discount to List
-$127,500
-3.76%
Views
43
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,610,000
Outstanding Balance
$2,513,058
Interest Rate
5.38%
Mortgage Type
New Conventional
Estimated Equity
$1,214,275
Purchase Details
Closed on
Jul 12, 2012
Sold by
Stultz Richard S and Stultz Joanne D
Bought by
Stultz Richard S and Stultz Joanne D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,000
Interest Rate
3.63%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 30, 2009
Sold by
Stultz Richard S and Stultz Joanne D
Bought by
Stultz Richard S and Stultz Joanne D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 15, 2005
Sold by
Stultz Richard S and Stultz Joanne D
Bought by
Stultz Richard S and Stultz Joanne D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.65%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Jan 6, 1994
Sold by
Stultz Richard S and Stultz Joanne D
Bought by
Stultz Richard S and Stultz Joanne D
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Liu Zhengmao | -- | Lawyers Title | |
| Chen Rong | -- | Lawyers Title | |
| Chen Rong | $3,262,500 | Lawyers Title | |
| Stultz Richard S | -- | Fidelity National Title Co | |
| Stultz Richard S | -- | Fidelity National Title Co | |
| Stultz Richard S | -- | Accommodation | |
| Stultz Richard S | -- | Fidelity National Title Co | |
| Stultz Richard S | -- | Fidelity National Title Ins | |
| Stultz Richard S | -- | North American Title Company | |
| Stultz Richard S | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chen Rong | $2,610,000 | |
| Closed | Chen Rong | $2,610,000 | |
| Previous Owner | Stultz Richard S | $191,000 | |
| Previous Owner | Stultz Richard S | $200,000 | |
| Previous Owner | Stultz Richard S | $300,000 | |
| Previous Owner | Stultz Richard S | $200,000 | |
| Previous Owner | Stultz Richard S | $200,000 | |
| Previous Owner | Stultz Richard S | $500,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/12/2023 01/12/23 | Sold | $3,262,500 | -3.8% | $1,672 / Sq Ft |
| 12/13/2022 12/13/22 | Pending | -- | -- | -- |
| 11/04/2022 11/04/22 | For Sale | $3,390,000 | 0.0% | $1,738 / Sq Ft |
| 10/26/2022 10/26/22 | Pending | -- | -- | -- |
| 10/20/2022 10/20/22 | Price Changed | $3,390,000 | -7.1% | $1,738 / Sq Ft |
| 09/22/2022 09/22/22 | Price Changed | $3,650,000 | -1.1% | $1,871 / Sq Ft |
| 09/22/2022 09/22/22 | Price Changed | $3,690,000 | -5.1% | $1,891 / Sq Ft |
| 09/08/2022 09/08/22 | For Sale | $3,890,000 | -- | $1,994 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
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 | $40,015 | $3,394,305 | $3,121,200 | $273,105 |
| 2024 | $40,015 | $3,327,750 | $3,060,000 | $267,750 |
| 2023 | $2,993 | $168,884 | $44,830 | $124,054 |
| 2022 | $2,949 | $165,573 | $43,951 | $121,622 |
| 2021 | $2,890 | $162,328 | $43,090 | $119,238 |
| 2020 | $2,847 | $160,665 | $42,649 | $118,016 |
| 2019 | $2,811 | $157,515 | $41,813 | $115,702 |
| 2018 | $2,754 | $154,428 | $40,994 | $113,434 |
| 2017 | $2,704 | $151,401 | $40,191 | $111,210 |
| 2016 | $2,627 | $148,433 | $39,403 | $109,030 |
| 2015 | $2,595 | $146,205 | $38,812 | $107,393 |
| 2014 | $2,448 | $143,342 | $38,052 | $105,290 |
Source: Public Records
Agents Affiliated with this Home
-
Leslie Woods
-
Rachel Fu
R
Buyer's Agent in 2023
Rachel Fu
BQ Realty
(408) 800-5988
1 in this area
3 Total Sales
Map
Source: MLSListings
MLS Number: ML81906556
APN: 003-02-010
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