NOT LISTED FOR SALE

Estimated Value: $4,243,000 - $5,366,000

4 Beds
3 Baths
2,390 Sq Ft
$2,014/Sq Ft Est. Value

Last Sold August 24, 2023

Last sale price $4,138,000 $1,731 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $29,630/month

21 Days on Market

Highlights

  • Primary Bedroom Suite
  • Skyline View
  • Soaking Tub in Primary Bathroom
  • Duveneck Elementary School Rated A+
  • Deck
  • Wood Flooring

About This Home

As of August 2023

This well-designed single level home is located on an idyllic cul-de-sac in the desirable Green Gables neighborhood. The home has a generous-sized kitchen with island, stainless steel appliances and dining area. The adjacent spacious living room with fireplace, expansive windows and glass door seamlessly flow to the outdoor living area. The home boasts lots of natural light creating a bright, airy atmosphere throughout including the four bedrooms and three baths. The primary suite is a retreat after a busy day with a bath, walk-in closet and French doors leading out to the courtyard. The outdoor entertainment area includes a courtyard patio and spacious deck ideal for hosting gatherings, barbecues, or simply enjoying outdoor leisure activities. The front yard and quiet cul-de-sac provide additional relaxation and recreation. Close proximity to top-rated Palo Alto schools, Stanford University, and shopping and cafes at Edgewood Plaza, this is the perfect place to call home.

Last Agent to Sell the Property

Lori Buecheler

Compass License #01859485 Listed on: 07/20/2023

Compass

Last Buyer's Agent

David Lillo

DPL Real Estate License #01803836

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $49,530

Year Built

  • Built in 1950

Lot Details

  • 7,593 Sq Ft Lot
  • Fenced
  • Back Yard
  • Zoning described as R1

Parking

  • 1 Car Garage
  • Electric Vehicle Home Charger
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,390 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Skylights in Kitchen
  • Wood Burning Fireplace
  • Dining Area
  • Skyline Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Range Hood
  • Freezer
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Soaking Tub in Primary Bathroom
  • Oversized Bathtub in Primary Bathroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Forced Air Heating System

Community Details

  • Courtyard

Listing and Financial Details

  • Assessor Parcel Number 003-15-088

Home Details

Home Type

Single Family

Est. Annual Taxes

$49,530

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Age: 73
  • Listing Class: Residential
  • Structure Sq Ft: 2390
  • Year Built: 1950
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Breakfast Bar, Dining Area, Eat in Kitchen
  • Kitchen: Dishwasher, Freezer, Hood Over Range, Island, Refrigerator, Skylight
  • Living Sq Ft: 2390
  • Stories: 1
  • Bedrooms: Ground Floor Bedroom, More than One Bedroom on Ground Floor, Primary Bedroom on Ground Floor, Primary Suite / Retreat, Walk-in Closet
  • Laundry: Inside, Washer / Dryer
  • Flooring: Hardwood, Stone, Tile
  • Additional Rooms: Laundry Room
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Bathroom: Full on Ground Floor, Primary - Oversized Tub, Primary - Stall Shower(s), Skylight, Stall Shower - 2+
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • Yard/Grounds: Back Yard, Balcony / Patio, Courtyard, Deck, Fenced

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 2
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Attached Garage, Off-Street Parking, On Street
  • Electric Vehicle Hookup Type: Electric Vehicle Hookup Level 2 (240 volts)

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Walk-in Closet

Schools

  • School District: Palo Alto Unified
  • Elementary School: Duveneck Elementary
  • Middle School: Frank S. Greene Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 311
  • Middle School: 329

Lot Info

  • Parcel Number: 003-15-088
  • Lot Acres: 0.1743
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7592.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7592.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Duveneck Elementary
  • High School Text: Palo Alto High
  • Middle School Text: Frank S. Greene Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2023
Closed on
Aug 18, 2023
Sold by
Stuart And Shelly Pederson Living Trust
Bought by
Pan Qihe and Kong Deguang
Seller's Agent
Lori Buecheler
Compass
Buyer's Agent
David Lillo
DPL Real Estate
List Price
$4,298,000
Sold Price
$4,138,000
Premium/Discount to List
-$160,000
-3.72%
Views
54
Current Estimated Value
$4,657,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$519,859
Avg. Annual Appreciation
6.85%
Original Mortgage
$1,950,000
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2023
Sold by
Stuart And Shelly Pederson Living Trust
Bought by
Pederson Posse Llc

Purchase Details

Closed on
Dec 11, 2003
Sold by
Pederson Stu and Pederson Shelly
Bought by
Pederson Stuart and Pederson Shelly

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
6%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 7, 1994
Sold by
Kelly Frank J and Kelly Eleanor J
Bought by
Pederson Stu and Pederson Shelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.95%
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
Pan Qihe $4,138,000 Chicago Title
Pederson Posse Llc -- None Listed On Document
Pederson Stuart -- --
Pederson Stu $625,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pan Qihe $1,799,000
Closed Pan Qihe $1,950,000
Previous Owner Pederson Stuart $806,300
Previous Owner Pederson Stuart $299,000
Previous Owner Pederson Stu $300,000
Previous Owner Pederson Stu $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2023 08/24/23 Sold $4,138,000 -3.7% $1,731 / Sq Ft
08/10/2023 08/10/23 Pending -- -- --
07/20/2023 07/20/23 For Sale $4,298,000 -- $1,798 / 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 $49,530 $4,220,760 $3,876,000 $344,760
2024 $49,530 $4,138,000 $3,800,000 $338,000
2023 $12,919 $1,016,864 $504,517 $512,347
2022 $12,763 $996,926 $494,625 $502,301
2021 $12,509 $977,379 $484,927 $492,452
2020 $12,261 $967,358 $479,955 $487,403
2019 $12,121 $948,392 $470,545 $477,847
2018 $11,800 $929,797 $461,319 $468,478
2017 $11,590 $911,567 $452,274 $459,293
2016 $11,282 $893,694 $443,406 $450,288
2015 $11,166 $880,271 $436,746 $443,525
2014 $10,880 $863,028 $428,191 $434,837
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81935390

MLSListings

APN: 003-15-088