$2,896,000 - $6,932,216
RENTED JUN 9, 2025
2 Beds
1 Bath
1,106 Sq Ft
$4,792 Price per Sq Ft

Last Sold March 24, 2016

Last sale price $3,050,000 $2,758 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $34,464/month

Highlights

  • Wood Flooring
  • No HOA
  • Cooling Available
  • Addison Elementary School Rated A+
  • Cottage
  • 2-minute walk to Johnson Park

About This Home

As of June 2023

Great Location! Walk to all dinings, cafe and convenient stores in downtown palo alto. Cute and cozy 2 bedrooms 1 bathroom house on a tree-lined street. It is just a few minutes walk to Palo Alto Downtown dining and cafe. There is a park and nice walking trails around the house - perfect for walking. This home is very bright and it is freshly cleaned. Rental inculdes washer and dryer in the basement.The front yard is landscaped. There is no backyard. There is central heating and air conditioning. Rental includes refrigerator, washer, dryer and dishwasher. Tenants shall pay for all utilities (separate meters for gas and water, garbage). Security deposit shall be $5000. Check out the YouTube video

Last Agent to Rent the Property

Sylvia So-Yi Wong

Compass License #01925547 Listed on: 05/05/2023

Compass

Last Renter's Agent

Sylvia So-Yi Wong

Compass License #01925547 Listed on: 05/05/2023

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $67,059

Year Built

  • Built in 1943

Lot Details

  • 3,000 Sq Ft Lot
  • Rectangular Lot
  • Front Yard

Parking

  • On-Street Parking

Home Design

  • Cottage

Interior Spaces

  • 1-Story Property
  • Wood Flooring
  • Gas Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Cooling Available
  • Central Heating

Community Details

  • No Home Owners Association
  • Bay East Association
  • Palo Alto Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12009048

Home Details

Home Type

Single Family

Est. Annual Taxes

$67,059

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Stories: 1
  • Year Built: 1943
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.15
  • Subdivision Name: PALO ALTO
  • Directions: GPS
  • Architectural Style: Cottage
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One Story
  • New Construction: No
  • ResoPropertyType: ResidentialLease
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Flooring: Wood
  • Appliances: Gas Range, Refrigerator, Dryer, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Room Kitchen Features: Gas Range/Cooktop, Refrigerator

Exterior Features

  • Lot Features: Regular
  • Pool Features: None
  • Pool Private: No
  • Construction Type: Siding - Other
  • Exterior Features: Front Yard
  • Property Condition: Existing

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Street, Restrictions

Utilities

  • Heating: Central
  • Cooling: Other
  • Laundry Features: In Basement
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: BAY EAST
  • Association: No

Lot Info

  • Lot Size Sq Ft: 3000
  • Parcel Number: 12009048
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2016
Closed on
Mar 14, 2016
Sold by
Larocque Joseph A and Larocque Bridget M
Bought by
Cai Hao and Chen Xiao
Seller's Agent
Doyle F. Rundell
Compass
Buyer's Agent
Xia Zhao
Silver Valley Realty
List Price
$2,895,000
Sold Price
$3,050,000
Premium/Discount to List
$155,000
5.35%
Current Estimated Value
$5,299,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,249,554
Avg. Annual Appreciation
6.03%

Purchase Details

Closed on
May 12, 2015
Sold by
Larocque Joseph A and Larocque Bridget M
Bought by
Joseph & Bridget Larocque Family Trust and Larocque Bridget M
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Cai Hao $3,050,000 Lawyers Title Company
Joseph & Bridget Larocque Family Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cai Hao $1,500,000
Previous Owner Larocque Joseph A $242,900
Previous Owner Larocque Joseph A $253,350
Previous Owner Larocque Joseph A $308,000
Previous Owner Larocque Joseph A $300,000
Previous Owner Larocque Joseph A $300,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2025 06/09/25 Rented $4,250 0.0% --
06/09/2025 06/09/25 Under Contract -- -- --
06/01/2025 06/01/25 For Rent $4,250 +9.0% --
02/04/2025 02/04/25 Off Market $3,900 -- --
02/04/2025 02/04/25 Off Market $5,450 -- --
06/28/2023 06/28/23 Rented $3,900 0.0% --
05/05/2023 05/05/23 For Rent $3,900 -28.4% --
03/30/2023 03/30/23 Rented $5,450 +26.9% --
03/30/2023 03/30/23 Price Changed $4,295 -21.2% $2 / Sq Ft
02/22/2023 02/22/23 Price Changed $5,450 -2.7% $3 / Sq Ft
02/02/2023 02/02/23 For Rent $5,600 0.0% --
03/24/2016 03/24/16 Sold $3,050,000 +5.4% $2,758 / Sq Ft
03/11/2016 03/11/16 Pending -- -- --
03/03/2016 03/03/16 For Sale $2,895,000 -- $2,618 / Sq Ft
Source: Bay East Association of REALTORS®

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 $67,059 $5,743,396 $3,551,390 $2,192,006
2024 $67,059 $5,630,781 $3,481,755 $2,149,026
2023 $67,059 $5,520,375 $3,413,486 $2,106,889
2022 $56,150 $4,641,449 $3,346,555 $1,294,894
2021 $47,190 $3,890,718 $3,280,937 $609,781
2020 $39,737 $3,301,417 $3,247,296 $54,121
2019 $39,300 $3,236,684 $3,183,624 $53,060
2018 $38,211 $3,173,220 $3,121,200 $52,020
2017 $37,540 $3,111,000 $3,060,000 $51,000
2016 $7,956 $603,022 $301,511 $301,511
2015 $7,791 $593,966 $296,983 $296,983
2014 -- $582,332 $291,166 $291,166
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay East Association of REALTORS®

MLS Number: 41026383

Bay East Association of REALTORS®

APN: 120-09-048