NOT LISTED FOR SALE

475 El Capitan Place Palo Alto, CA 94306

Greenmeadow Neighborhood

Estimated Value: $3,431,000 - $4,052,000

4 Beds
3 Baths
2,418 Sq Ft
$1,585/Sq Ft Est. Value

Highlights

  • Den
  • Balcony
  • Double Pane Windows
  • Fairmeadow Elementary School Rated A+
  • Skylights
  • 5-minute walk to Mitchell Park

About This Home

As of January 2019

Stunning and completely rebuilt contemporary at the end of a beautiful tree-line cul-de-sac! Large great-room with a chef's kitchen, raised ceilings and walls of windows. Four bedrooms, including two master suites plus a separate private office. Beautifully landscaped and private backyard. Centrally located in the desirable Greenmeadow neighborhood with easy access to schools, parks, shopping and transportation. Truly a pristine home which has never been on the rental market before.

Last Agent to Rent the Property

Joann Weber

Midtown Realty License #01896750 Listed on: 08/09/2018

Co-Listed By

Tim Foy

Midtown Realty License #00849721

Last Renter's Agent

Tim Foy

Midtown Realty License #00849721

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,276

Year Built

  • 1954

Lot Details

  • 7,196 Sq Ft Lot
  • Grass Covered Lot
  • Back Yard

Parking

  • Uncovered Parking

Interior Spaces

  • 2,418 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Skylights
  • Double Pane Windows
  • Dining Area
  • Den
  • Slate Flooring

Kitchen

  • Breakfast Bar
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Balcony
  • Shed

Listing and Financial Details

  • Security Deposit $15,000
  • Property Available on 12/7/18
  • Rent includes gardener
  • 12-Month Minimum Lease Term

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,276

Year Built

1954

Lot Details

0

Rental Info

  • Available: 12/07/2018
  • Lease Terms: Deposit Required
  • Minimum Lease Months: 12
  • Rent Includes: Gardener
  • Security Deposit: 15000

Listing Details

  • Subclass: House For Rent
  • Age: 64
  • Listing Class: Residential Lease/Rental
  • Structure Sq Ft: 2418
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1954

Interior Features

  • Family Room: No Family Room
  • Dining Room: Breakfast Bar, Dining Area
  • Kitchen: Cooktop - Gas, Dishwasher, Island, Microwave, Refrigerator
  • Living Sq Ft: 2418
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Slate
  • Additional Rooms: Laundry Room, Office Area
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bedrooms: 4

Exterior Features

  • Yard/Grounds: Back Yard, Balcony / Patio, Low Maintenance, Storage Shed / Structure

Garage/Parking

  • Garage Parking Features: Uncovered Parking

Utilities

  • Cooling System: Ceiling Fan

Condo/Co-op/Association

  • Complex Name: Greenmeadow

Schools

  • School District: Palo Alto Unified

Lot Info

  • Lot Acres: 0.1652
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7195.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7195.00

Green Features

  • Energy Features: Double Pane Windows, Skylight

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2021
Sold by
Sinha Arvind Velu and Sinha Purva
Bought by
Sinha Arvind Velu and Sinha Purva
Current Estimated Value
$3,832,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$870,000
Outstanding Balance
$788,945
Interest Rate
2.72%
Mortgage Type
New Conventional
Estimated Equity
$3,052,574

Purchase Details

Closed on
Sep 15, 2009
Sold by
Morgan Steven V and Baral Holly R
Bought by
Sinha Arvind Velu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,250
Interest Rate
3.75%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 3, 1996
Sold by
Green William M and Waide Zoa M
Bought by
Morgan Steven and Baral Holly R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Interest Rate
8.01%
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
Sinha Arvind Velu -- Old Republic Title Company
Sinha Arvind Velu -- Old Republic Title Company
Morgan Steven $500,000 First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sinha Arvind Velu $870,000
Closed Sinha Arvind Velu $1,000,000
Closed Sinha Arvind Velu $540,800
Closed Sinha Arvind Velu $625,500
Closed Sinha Arvind Velu $400,000
Closed Sinha Arvind Velu $270,250
Closed Sinha Arvind Velu $729,750
Previous Owner Morgan Steven $322,700
Previous Owner Morgan Steven K $336,000
Previous Owner Morgan Steven $335,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2019 01/09/19 Rented $9,500 0.0% --
12/01/2018 12/01/18 For Rent $9,500 0.0% --
12/01/2018 12/01/18 Off Market $9,500 -- --
09/10/2018 09/10/18 Price Changed $9,500 -5.0% $4 / Sq Ft
08/09/2018 08/09/18 For Rent $10,000 -- --
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 $21,276 $1,759,556 $863,553 $896,003
2024 $21,276 $1,725,056 $846,621 $878,435
2023 $20,962 $1,691,232 $830,021 $861,211
2022 $20,717 $1,658,072 $813,747 $844,325
2021 $20,225 $1,625,562 $797,792 $827,770
2020 $19,813 $1,608,895 $789,612 $819,283
2019 $19,591 $1,577,349 $774,130 $803,219
2018 $19,059 $1,546,421 $758,951 $787,470
2017 $18,723 $1,516,100 $744,070 $772,030
2016 $18,229 $1,486,374 $729,481 $756,893
2015 $18,048 $1,464,048 $718,524 $745,524
2014 $17,425 $1,416,250 $704,450 $711,800
Source: Public Records

Agents Affiliated with this Home

  • J

    Landlord's Agent in 2019

    Joann Weber

    Midtown Realty

    Section Image
  • Tim Foy

    Landlord's Co-Listing Agent in 2019

    Tim Foy

    Midtown Realty

    (650) 387-5078

    18 in this area

    94 Total Sales

    Tim Foy
    Section Image
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Map

Source: MLSListings

MLS Number: ML81718376

MLSListings

APN: 147-14-006

California Santa Clara County Palo Alto 94306 Greenmeadow

475 El Capitan Place, Palo Alto, CA

This home is located at 475 El Capitan Place, Palo Alto, CA 94306 since 09 August 2018 and is currently priced at $3,832,408. This property was built in 1954. 475 El Capitan Place is a home located in Santa Clara County with nearby schools including Fairmeadow Elementary School, Jane Lathrop Stanford Middle School, and Henry M. Gunn High School.

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