NOT LISTED FOR SALE

Estimated Value: $2,634,000 - $4,768,000

2 Beds
1 Bath
942 Sq Ft
$4,162/Sq Ft Est. Value

Last Sold November 08, 2012

Last sale price $1,080,000 $1,146 Per Sq Ft

Est. 313% increase in value since last sale

Current estimated payment $26,229/month

9 Days on Market

Highlights

  • Art Studio
  • Wood Flooring
  • Cottage
  • Barron Park Elementary School Rated A+
  • Neighborhood Views
  • Formal Dining Room

About This Home

As of November 2012

Amazing starter home! Light and sunny, blocks from California Ave shops and restaurants. Huge yard with fruit trees. Lot is 6733 sqft per Palo Alto city records. Expand, Remodel, or Build. Insulated over-sized garage can be used as office or artists studio. Close to Cal Train, 101 and 280. Outstanding schools. Don't miss your chance to buy in Palo Alto.

Last Agent to Sell the Property

Carol Borison

Coldwell Banker Realty License #01880666 Listed on: 09/27/2012

Coldwell Banker Realty

Last Buyer's Agent

Jing Maa

Century 21 MM License #01767416

Century 21 MM

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • Fenced
  • Level Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Zoning described as R1

Parking

  • 1 Car Detached Garage
  • Off-Street Parking

Home Design

  • Cottage
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 942 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Art Studio
  • Neighborhood Views
  • Oven or Range
  • Laundry in Garage

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Wall Furnace
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 132-37-004

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Cottage/Bungalow
  • Sale Price Per Sq Ft: 1146.50
  • Level Street Main: Bedroom(s)
  • Listing Class: Residential
  • Structure Sq Ft: 942
  • Barclay Horizontal: 10
  • Barclays Page: 12
  • Incorporated: Yes
  • Map Book Page: 791
  • Map Book Page Secondary: 12
  • Map Side Coordinate: 7
  • Map Side Coordinate Secondary: 81
  • Map Top Coordinate: B
  • Map Top Coordinate Secondary: 10
  • Thomas Bros Page: 791
  • Thomas Brothers: B7
  • Year Built: 1940
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Fireplace: Living Room, Wood Burning, Yes
  • Dining Room: Formal Dining Room, No Informal Dining Room
  • Kitchen: Oven Range, Hookups - Gas
  • Living Sq Ft: 942
  • Stories: 1
  • Bedrooms: Ground Floor Bedroom
  • Laundry: In Garage
  • Flooring: Tile, Hardwood
  • Additional Rooms: Artist Studio
  • Maximum Bathrooms: 1
  • Minimum Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Pool - No
  • Roof: Composition
  • View: Local/Neighborhood
  • Yard/Grounds: Sprinkler(s) - Front, Sprinkler(s) - Rear, Sprinklers - Auto, Fenced
  • Exterior: Stucco

Garage/Parking

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

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Schools

  • High School: 325

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 132-37-004
  • List Price per Sq Ft: 954.35
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6733.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 6733.00
  • Lot Size Area Min Search: 6733.00
  • Maximum Lot Size: 6733.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Multi Family

  • Maximum Building Height: 1
  • Minimum Building Height: 1

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Barron Park 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
Sep 27, 2012
Closed on
Oct 30, 2012
Sold by
441 Page Mill Realy Partners Llc
Bought by
Robinson Jason C and Robinson Jieming L
Seller's Agent
Carol Borison
Coldwell Banker Realty
Buyer's Agent
Jing Maa
Century 21 MM
List Price
$899,000
Sold Price
$1,080,000
Premium/Discount to List
$181,000
20.13%
Current Estimated Value
$4,464,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,384,262
Avg. Annual Appreciation
10.33%
Original Mortgage
$864,000
Outstanding Balance
$567,482
Interest Rate
2.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,352,657

Purchase Details

Closed on
Jul 5, 2012
Sold by
Carrubba Francesco and Carrubba Concettina
Bought by
441 Page Mill Realty Partners Llc

Purchase Details

Closed on
Jun 9, 2003
Sold by
Bemdt Steven E and Kirkpatrick Karin A
Bought by
Carrubba Francesco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,000
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 21, 1997
Sold by
Kirkeby Phillip N and Kirkeby Paula Z
Bought by
Berndt Steven E and Kirkpatrick Karen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,600
Interest Rate
7.7%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Robinson Jason C $1,080,000 First American Title Company
441 Page Mill Realty Partners Llc $4,950,000 Chicago Title Company
Carrubba Francesco $595,000 Old Republic Title Company
Carrubba Francesco -- Old Republic Title Company
Berndt Steven E $362,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robinson Jason C $864,000
Previous Owner Carrubba Francesco $476,000
Previous Owner Berndt Steven E $289,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/08/2012 11/08/12 Sold $1,080,000 +20.1% $1,146 / Sq Ft
10/06/2012 10/06/12 Pending -- -- --
09/27/2012 09/27/12 For Sale $899,000 -- $954 / 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 $32,961 $2,781,641 $1,206,793 $1,574,848
2024 $32,961 $2,727,100 $1,183,131 $1,543,969
2023 $32,475 $2,673,629 $1,159,933 $1,513,696
2022 $32,099 $2,621,206 $1,137,190 $1,484,016
2021 $31,466 $2,569,811 $1,114,893 $1,454,918
2020 $19,472 $1,579,962 $1,103,462 $476,500
2019 $13,660 $1,081,826 $1,081,826 $0
2018 $14,614 $1,168,839 $1,060,614 $108,225
2017 $14,355 $1,145,921 $1,039,818 $106,103
2016 $13,975 $1,123,453 $1,019,430 $104,023
2015 $13,834 $1,106,579 $1,004,118 $102,461
2014 $13,505 $1,084,903 $984,449 $100,454
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81235536

MLSListings

APN: 132-37-004