NOT LISTED FOR SALE

490 Loma Verde Ave Palo Alto, CA 94306

South of Midtown Neighborhood

Estimated Value: $4,902,000 - $6,102,000

3 Beds
1.5 Baths
1,466 Sq Ft
$3,746/Sq Ft Est. Value

Last Sold January 12, 2016

Last sale price $2,500,000 $1,705 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $35,609/month

7 Days on Market

Highlights

  • 2 Car Detached Garage
  • Bathtub with Shower
  • Washer and Dryer
  • El Carmelo Elementary School Rated A+
  • Dining Room
  • 5-minute walk to Hoover Park

About This Home

As of January 2016

OPPORTUNITY KNOCKS, Home needs lots of TLC - Midtown Palp Alto - 3 bedrooms, 1 1/2 baths - Situated on a large corner 9,653 square foot lot.

Last Agent to Sell the Property

Diane Viviani

Berkshire Hathaway HomeServices DrysdaleProperties License #00918554 Listed on: 12/26/2015

Berkshire Hathaway HomeServices DrysdaleProperties

Last Buyer's Agent

Coco Tan

Keller Williams Thrive License #01376998

Keller Williams Thrive

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $54,851

Year Built

  • Built in 1949

Lot Details

  • 9,670 Sq Ft Lot
  • Zoning described as R1

Parking

  • 2 Car Detached Garage

Home Design

  • Tar and Gravel Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,466 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Dining Room
  • Washer and Dryer

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Utilities

  • No Heating

Listing and Financial Details

  • Assessor Parcel Number 132-15-095

Home Details

Home Type

Single Family

Est. Annual Taxes

$54,851

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 66
  • Listing Class: Residential
  • Structure Sq Ft: 1466
  • Year Built: 1949
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: No Formal Dining Room
  • Living Sq Ft: 1466
  • Stories: 1
  • Laundry: Washer / Dryer
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Shower and Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Tar and Gravel

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Detached Garage

Utilities

  • Heating System: No Heating
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Palo Alto Unified

Lot Info

  • Parcel Number: 132-15-095
  • Lot Acres: 0.2220
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9652.90
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9652.90

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 3, 2018
Sold by
Silicon Valley Builders Investments
Bought by
Wan Li
Current Estimated Value
$5,669,017

Purchase Details

Listed on
Dec 26, 2015
Closed on
Jan 8, 2016
Sold by
Imanaka Hiroshi and Imanaka Yoko
Bought by
Silicon Valley Builders Investments
Seller's Agent
Diane Viviani
Berkshire Hathaway HomeServices DrysdaleProperties
Buyer's Agent
Coco Tan
Keller Williams Thrive
List Price
$1,800,000
Sold Price
$2,500,000
Premium/Discount to List
$700,000
38.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.96%
Original Mortgage
$1,625,000
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 17, 2000
Sold by
Roskoph Robert K and Roskoph Lauren
Bought by
Imanaka Hiroshi and Imanaka Yoko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$637,500
Interest Rate
8.04%

Purchase Details

Closed on
Jul 15, 1998
Sold by
Turner Dewey E and Turner Grecia C
Bought by
Roskoph Robert K and Roskoph Lauren

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
7%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Wan Li $4,198,000 Chicago Title Company
Silicon Valley Builders Investments $2,500,000 Fidelity National Title Co
Imanaka Hiroshi $930,000 Chicago Title Co
Roskoph Robert K $560,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Silicon Valley Builders Investments $1,625,000
Previous Owner Imanaka Hiroshi $611,500
Previous Owner Imanaka Hiroshi $139,000
Previous Owner Imanaka Hiroshi $637,500
Previous Owner Roskoph Robert K $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2016 01/12/16 Sold $2,500,000 +38.9% $1,705 / Sq Ft
01/03/2016 01/03/16 Pending -- -- --
12/26/2015 12/26/15 For Sale $1,800,000 -- $1,228 / 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
2024 $54,851 $4,591,122 $2,936,438 $1,654,684
2023 $54,046 $4,501,101 $2,878,861 $1,622,240
2022 $53,428 $4,412,845 $2,822,413 $1,590,432
2021 $52,376 $4,326,320 $2,767,072 $1,559,248
2020 $51,279 $4,281,960 $2,738,700 $1,543,260
2019 $50,717 $4,198,000 $2,685,000 $1,513,000
2018 $57,162 $4,776,000 $2,601,000 $2,175,000
2017 $31,888 $2,625,000 $2,550,000 $75,000
2016 $14,764 $1,183,784 $591,892 $591,892
2015 $14,617 $1,166,004 $583,002 $583,002
2014 $14,276 $1,143,164 $571,582 $571,582
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    Diane Viviani

    BHHS Drysdale

    Section Image

  • C

    Buyer's Agent in 2016

    Coco Tan

    Keller Williams Thrive

    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81545526

MLSListings

APN: 132-15-095

California Santa Clara County Palo Alto 94306 South of Midtown

490 Loma Verde Ave, Palo Alto, CA

This home is located at 490 Loma Verde Ave, Palo Alto, CA 94306 since 26 December 2015 and is currently estimated at $5,491,205, approximately $3,745 per square foot. This property was built in 1949. 490 Loma Verde Ave is a home located in Santa Clara County with nearby schools including El Carmelo Elementary School, Jane Lathrop Stanford Middle School, and Henry M. Gunn High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLSListings Property Information © 2025 MLSListings Inc. All rights reserved. Listing information is deemed reliable but not guaranteed. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSListings Inc. The viewer acknowledges ownership and validity of its copyright. Information provided is for personal, non-commercial use by a viewer with a bona fide interest in the purchase or sale of real estate of the type being offered via this website or other electronic means. The viewer is prohibited from copying, redistributing or retransmitting any of the data or information provided by MLSListing, Inc.

Nearby Homes