Seller's Agent in 2024
Mary Gullixson
Compass
(650) 888-0860
2 in this area
102 Total Sales
51 Crescent Dr Palo Alto, CA 94301
Crescent Park Neighborhood
4
Beds
6
Baths
6,374
Sq Ft
0.54
Acres
Highlights
- Wine Cellar
- Solar Heated In Ground Pool
- Primary Bedroom Suite
- Duveneck Elementary School Rated A+
- Sauna
- 0.54 Acre Lot
About This Home
As of November 2024Experience European elegance on one of Palo Alto's most premier streets. The home was meticulously remodeled in 2009 by DeMattei Construction. Preserving its original charm, circa 1927, it has features like richly hued hardwood floors, towering arched windows, and 7 fireplaces. The 3-level main home, with elevator, has 4-en suite bedrooms one which is being used as an office. The primary suite has a gym, sauna, and separate washer/dryer. The kitchen has a French La Cornue range. There is a separate 1-bedroom guest house with full kitchen. There is a handsomely appointed library with bookcases and a secret door into the dining room. The lower level has 3 temperature controlled wine closets, plus a recreation room with bar. The outdoor space is wonderful for entertaining with a stunning pool inspired by Hearst Castle with hand set Morano tiles, vast antiqued limestone terrace, and professionally landscaped gardens on more than one-half acre. With its prime Crescent Park location, minutes to shops on University Ave, as well as acclaimed Palo Alto schools, this property offers the perfect blend of old-world elegance and luxurious modern comfort.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $75,912
Year Built
- Built in 1927
Lot Details
- 0.54 Acre Lot
- Gated Home
- Property is Fully Fenced
- Level Lot
- Back Yard
- Zoning described as R1929
Parking
- 3 Car Detached Garage
- 1 Carport Space
- Garage Door Opener
- Electric Gate
- Secured Garage or Parking
Home Design
- Mediterranean Architecture
- Tile Roof
- Clay Roof
- Concrete Perimeter Foundation
- Stucco
Interior Spaces
- 6,374 Sq Ft Home
- 2-Story Property
- Wet Bar
- Entertainment System
- Wired For Sound
- Beamed Ceilings
- High Ceiling
- Skylights
- Gas Log Fireplace
- Bay Window
- Formal Entry
- Wine Cellar
- Family Room with Fireplace
- 7 Fireplaces
- Living Room with Fireplace
- Formal Dining Room
- Den
- Library
- Recreation Room
- Storage Room
- Utility Room
- Sauna
- Neighborhood Views
- Finished Basement
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Breakfast Bar
- Double Oven
- Range Hood
- Warming Drawer
- Microwave
- Freezer
- Ice Maker
- Dishwasher
- Wine Refrigerator
- Kitchen Island
- Granite Countertops
- Disposal
Flooring
- Wood
- Carpet
- Stone
- Marble
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Fireplace in Primary Bedroom
- Primary Bedroom Suite
- Walk-In Closet
- Bathroom on Main Level
- Stone Countertops In Bathroom
- Dual Sinks
- Jetted Soaking Tub in Primary Bathroom
- Bathtub with Shower
- Oversized Bathtub in Primary Bathroom
- Bathtub Includes Tile Surround
- Walk-in Shower
Laundry
- Laundry Room
- Laundry on upper level
- Washer and Dryer
- Laundry Tub
Home Security
- Security Gate
- Alarm System
Eco-Friendly Details
- Solar owned by seller
Pool
- Solar Heated In Ground Pool
- In Ground Spa
Outdoor Features
- Balcony
- Outdoor Fireplace
- Barbecue Area
Utilities
- Forced Air Zoned Heating and Cooling System
- Vented Exhaust Fan
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 003-09-035
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 16, 2024
Closed on
Nov 18, 2024
Sold by
Hanna Family Trust and Hanna John Paul
Bought by
Nydecoder Llc
Seller's Agent
Mary Gullixson
Compass
Buyer's Agent
Zehong Zhang
Maxreal
List Price
$14,480,000
Sold Price
$13,800,000
Premium/Discount to List
-$680,000
-4.7%
Views
290
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,323,913
Avg. Annual Appreciation
-36.77%
Purchase Details
Closed on
Mar 14, 2005
Sold by
Hanna John Paul and Hanna Barbara Anne
Bought by
Hanna John Paul and Hanna Barbara
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,340,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 2, 2005
Sold by
Mees Dieter L and Mees Eva S
Bought by
Hanna John Paul and Hanna Barbara Anne
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,340,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 9, 1999
Sold by
Mace Jeff and Mace Carol
Bought by
Mees Dieter L and Mees Eva
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $13,800,000 | Lawyers Title Company | |
| Interfamily Deed Transfer | -- | North American Title Company | |
| Individual Deed | -- | North American Title Company | |
| Grant Deed | -- | First American Title Guarant |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $550,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $7,000,000 | Construction | |
| Previous Owner | $4,340,000 | Purchase Money Mortgage | |
| Previous Owner | $1,000,000 | Stand Alone First |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/22/2024 11/22/24 | Sold | $13,800,000 | -4.7% | $2,165 / Sq Ft |
| 11/15/2024 11/15/24 | Pending | -- | -- | -- |
| 05/16/2024 05/16/24 | For Sale | $14,480,000 | -- | $2,272 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
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 | $75,912 | $13,800,000 | $10,000,000 | $3,800,000 |
| 2024 | $75,912 | $6,460,034 | $4,099,757 | $2,360,277 |
| 2023 | $74,806 | $6,333,368 | $4,019,370 | $2,313,998 |
| 2022 | $73,962 | $6,209,185 | $3,940,559 | $2,268,626 |
| 2021 | $72,506 | $6,087,438 | $3,863,294 | $2,224,144 |
| 2020 | $71,799 | $6,025,020 | $3,823,681 | $2,201,339 |
| 2019 | $71,015 | $5,906,883 | $3,748,707 | $2,158,176 |
| 2018 | $69,031 | $5,791,062 | $3,675,203 | $2,115,859 |
| 2017 | $67,822 | $5,677,513 | $3,603,141 | $2,074,372 |
| 2016 | $66,054 | $5,566,191 | $3,532,492 | $2,033,699 |
| 2015 | $65,423 | $5,482,582 | $3,479,431 | $2,003,151 |
| 2014 | $64,262 | $5,375,187 | $3,411,274 | $1,963,913 |
Source: Public Records
Agents Affiliated with this Home
-
Mary Gullixson
-
Zehong Zhang
Buyer's Agent in 2024
Zehong Zhang
Maxreal
(408) 307-8668
6 in this area
79 Total Sales
Map
Source: MLSListings
MLS Number: ML81965894
APN: 003-09-035
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