NOT LISTED FOR SALE

470 Ruthven Ave Palo Alto, CA 94301

Downtown North Neighborhood

Estimated Value: $4,300,000 - $5,638,000

4 Beds
3.5 Baths
2,617 Sq Ft
$1,868/Sq Ft Est. Value

Last Sold April 22, 2024

Last sale price $4,450,000 $1,700 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $29,920/month

9 Days on Market

Highlights

  • Formal Dining Room
  • 1 Car Detached Garage
  • Separate Family Room
  • Addison Elementary School Rated A+
  • Forced Air Heating and Cooling System
  • 2-minute walk to Johnson Park

About This Home

As of April 2024

Located on a tucked on one of the best streets in prime downtown Palo Alto, just blocks to University Avenue and surrounded by lovely homes. Built in 2013 this home boasts a dramatic foyer with soaring ceilings, formal living room with gas burning fireplace, garden views and adjacent formal dining room. Chef kitchen with full size Thermador refrigerator and freezer, wine refrigerator plus large walk in pantry. Conveniently located just off the breakfast room is the family room with fireplace, vaulted ceiling and covered patio to the rear yard. Main floor bedroom suite plus powder room complete the main level. Upstairs are three bedrooms including the primary bedroom with a luxurious walk-in closet and balcony overlooking the backyard. The property benefits from having a quaint alley at the back of the property which accesses the detached 1 car garage and possible future expansion for ADU with private entry or more. Buyer to verify options. Just blocks to downtown, parks and Stanford University this newer construction home is perfectly located with excellent schools.

Last Agent to Sell the Property

Judy Citron

Compass License #01825569 Listed on: 03/11/2024

Compass

Co-Listed By

Talia Citron

Compass License #01987761

Last Buyer's Agent

Heidi Tang

Valley Vine Realty License #01844255

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $47,787

Year Built

  • Built in 2013

Lot Details

  • 7,000 Sq Ft Lot
  • Zoning described as R2

Parking

  • 1 Car Detached Garage

Home Design

  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,617 Sq Ft Home
  • 2-Story Property
  • Separate Family Room
  • Living Room with Fireplace
  • Formal Dining Room

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 120-09-049

Home Details

Home Type

Single Family

Est. Annual Taxes

$47,787

Year Built

Built in 2013

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Age: 11
  • Listing Class: Residential
  • Structure Sq Ft: 2617
  • Year Built: 2013
  • Zoning Description: R2
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room
  • Dining Room: Formal Dining Room
  • Living Sq Ft: 2617
  • Stories: 2
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Detached Garage

Utilities

  • Cooling System: Central AC
  • Heating System: Forced Air
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Palo Alto Unified

Lot Info

  • Parcel Number: 120-09-049
  • Lot Acres: 0.1607
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6999.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6999.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2024
Closed on
Apr 15, 2024
Sold by
Minskoff Noah Mark and Minskoff Jennifer Elizabeth
Bought by
Wu Xiao-Qiang and Wang Alice Yuehong
Seller's Agent
Judy Citron
Compass
Buyer's Agent
Heidi Tang
Valley Vine Realty
List Price
$4,495,000
Sold Price
$4,450,000
Premium/Discount to List
-$45,000
-1%
Views
45
Current Estimated Value
$4,887,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$437,350
Avg. Annual Appreciation
7.53%
Original Mortgage
$1,950,000
Outstanding Balance
$1,925,635
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$2,975,519

Purchase Details

Listed on
Jul 5, 2014
Closed on
Jul 7, 2014
Sold by
Vergasov Fatekh
Bought by
Minskoff Noah Mark and Minskoff Jennifer Elizabeth
Seller's Agent
Juliana Lee
Keller Williams Palo Alto
Buyer's Agent
Juliana Lee
Keller Williams Palo Alto
List Price
$3,380,000
Sold Price
$3,380,001
Premium/Discount to List
$1
0.0%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.85%

Purchase Details

Closed on
May 30, 2012
Sold by
Kondrashova Tamara
Bought by
Vergasov Fatekh

Purchase Details

Closed on
Feb 21, 2007
Sold by
Harbour Kathleen E and Huey James E
Bought by
Vergasov Fatekh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 7, 2007
Sold by
Kondrashova Tamara
Bought by
Vergasov Fatekh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 22, 2005
Sold by
Schleich Ann L
Bought by
Huey James E and Harbour Kathleen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
5.48%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 22, 2001
Sold by
Schleich Otto A
Bought by
Schleich Otto A and Schleich Myra E
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
Wu Xiao-Qiang $4,450,000 Lawyers Title Company
Minskoff Noah Mark $3,380,000 Old Republic Title Company
Vergasov Fatekh -- First American Title Company
Vergasov Fatekh -- New Century Title Company
Vergasov Fatekh -- New Century Title Company
Huey James E $1,250,000 Alliance Title Company
Schleich Otto A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wu Xiao-Qiang $1,950,000
Previous Owner Vergasov Fatekh $272,000
Previous Owner Vergasov Fatekh $1,000,000
Previous Owner Huey James E $125,000
Previous Owner Huey James E $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2024 04/22/24 Sold $4,450,000 -1.0% $1,700 / Sq Ft
03/21/2024 03/21/24 Pending -- -- --
03/11/2024 03/11/24 For Sale $4,495,000 +33.0% $1,718 / Sq Ft
07/10/2014 07/10/14 Sold $3,380,001 0.0% $1,292 / Sq Ft
07/08/2014 07/08/14 Pending -- -- --
07/05/2014 07/05/14 For Sale $3,380,000 -- $1,292 / 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 $47,787 $2,424,677 $1,549,389 $875,288
2024 $47,787 $3,982,594 $2,827,880 $1,154,714
2023 $47,087 $3,904,505 $2,772,432 $1,132,073
2022 $46,548 $3,827,947 $2,718,071 $1,109,876
2021 $45,633 $3,752,890 $2,664,776 $1,088,114
2020 $44,680 $3,714,409 $2,637,452 $1,076,957
2019 $44,191 $3,641,579 $2,585,738 $1,055,841
2018 $42,966 $3,570,177 $2,535,038 $1,035,139
2017 $42,214 $3,500,175 $2,485,332 $1,014,843
2016 $41,112 $3,431,545 $2,436,600 $994,945
2015 $40,717 $3,380,000 $2,400,000 $980,000
2014 $29,883 $2,469,354 $1,311,522 $1,157,832
Source: Public Records

Agents Affiliated with this Home

  • Judy Citron

    Seller's Agent in 2024

    Judy Citron

    Compass

    (650) 400-8424

    4 in this area

    220 Total Sales

    Judy Citron
    Section Image
  • Talia Citron

    Seller Co-Listing Agent in 2024

    Talia Citron

    Compass

    (650) 250-4517

    2 in this area

    63 Total Sales

    Talia Citron
    Section Image
  • Heidi Tang

    Buyer's Agent in 2024

    Heidi Tang

    Valley Vine Realty

    (510) 316-4797

    2 in this area

    131 Total Sales

    Heidi Tang
    Section Image

  • J

    Seller's Agent in 2014

    Juliana Lee

    Keller Williams Palo Alto

    Section Image
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Map

Source: MLSListings

MLS Number: ML81957058

MLSListings

APN: 120-09-049

California Santa Clara County Palo Alto 94301 Downtown North

470 Ruthven Ave, Palo Alto, CA

This home is located at 470 Ruthven Ave, Palo Alto, CA 94301 since 11 March 2024 and is currently estimated at $4,887,350, approximately $1,867 per square foot. This property was built in 2013. 470 Ruthven Ave 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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