NOT LISTED FOR SALE

515 Center Dr Palo Alto, CA 94301

Crescent Park Neighborhood

Estimated Value: $4,669,437 - $6,128,000

3 Beds
3 Baths
2,959 Sq Ft
$1,888/Sq Ft Est. Value

Highlights

  • Art Studio
  • Wood Flooring
  • Breakfast Area or Nook
  • Duveneck Elementary School Rated A+
  • Den
  • Formal Dining Room

About This Home

As of August 2016

Gracious home in Crescent Park Neighborhood. Moments away from downtown Palo Alto. Easy access to freeways. Traditional floor plan with spacious rooms. Downstairs offers formal living room, dining room, separate family room, kitchen with breakfast nook, full bath and office/4th bedroom. Kitchen with granite counters, gas range, & ample storage. Upstairs has 3 bedrooms/2 baths including large master suite with huge walk in closet. 2 car attached garage. Currently having renovations done but will be complete by mid August. Renovations include:new kitchen counters, back splash & sink, new roof, new hardwood floors in LR&DR. Must see to appreciate. Pictures don't do it justice.

Last Agent to Rent the Property

Diane Thomas

Outlook Realty Group, Inc. License #01206817 Listed on: 07/22/2016

Last Renter's Agent

Diane Thomas

Outlook Realty Group, Inc. License #01206817 Listed on: 07/22/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,093

Year Built

  • 1988

Lot Details

  • 6,011 Sq Ft Lot
  • Back Yard

Parking

  • 2 Car Attached Garage
  • Electric Vehicle Home Charger

Interior Spaces

  • 2,959 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Separate Family Room
  • Formal Dining Room
  • Den
  • Art Studio
  • Washer and Dryer

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Electric Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Slate Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Balcony
  • Forced Air Heating System

Listing and Financial Details

  • Security Deposit $12,000
  • Property Available on 8/15/16
  • Rent includes gardener
  • 12-Month Minimum Lease Term

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,093

Year Built

1988

Lot Details

0

Parking

2

Rental Info

  • Available: 08/15/2016
  • Lease Terms: Deposit Required
  • Minimum Lease Months: 12
  • Rent Includes: Gardener
  • Security Deposit: 12000

Listing Details

  • Subclass: House For Rent
  • Age: 28
  • Listing Class: Residential Lease/Rental
  • Structure Sq Ft: 2959
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1988

Interior Features

  • Family Room: Kitchen / Family Room Combo, Separate Family Room
  • Dining Room: Breakfast Bar, Breakfast Nook, Formal Dining Room
  • Kitchen: Cooktop - Electric, Cooktop - Gas, Dishwasher, Island, Microwave, Oven - Electric, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 2959
  • Stories: 2
  • Laundry: Hookups Only, Washer / Dryer
  • Flooring: Carpet, Hardwood, Slate
  • Additional Rooms: Artist Studio, Office Area
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 3
  • Total Bedrooms: 3

Exterior Features

  • Yard/Grounds: Back Yard, Balcony / Patio

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage, Electric Car Hookup

Utilities

  • Heating System: Central Forced Air, Forced Air

Schools

  • School District: Palo Alto Unified

Lot Info

  • Lot Acres: 0.1380
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5998.21
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5998.21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 4, 2013
Sold by
Tarakad Kannan S and Juneja Manju O
Bought by
Tarakad Kannan S and Juneja Manju O
Current Estimated Value
$5,587,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$961,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2011
Sold by
Tarakad Kannan and Juneja Manju
Bought by
Tarakad Kannan S and Juneja Manju O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$980,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2009
Sold by
Tarakad Kannan S and Juneja Manju O
Bought by
Tarakad Kannan S and Juncja Manju O

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
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 8, 2009
Sold by
Hoyt Howard G and Hoyt Sharon Sue
Bought by
Tarakad Kannan S and Juneja Manju O

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
5.25%
Mortgage Type
Purchase Money Mortgage
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
Tarakad Kannan S -- Old Republic Title Company
Tarakad Kannan S -- Old Republic Title Company
Tarakad Kannan S -- Accommodation
Tarakad Kannan -- Fidelity National Title Co
Tarakad Kannan S -- None Available
Tarakad Kannan S -- Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tarakad Kannan S $776,000
Closed Tarakad Kannan S $790,000
Closed Tarakad Kannan S $800,000
Closed Tarakad Kannan S $961,000
Closed Tarakad Kannan $980,000
Closed Tarakad Kannan $996,000
Closed Tarakad Kannan S $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2016 08/15/16 Rented $8,800 -1.1% --
07/22/2016 07/22/16 For Rent $8,900 +14.1% --
07/01/2013 07/01/13 Rented $7,800 0.0% --
05/31/2013 05/31/13 Under Contract -- -- --
05/16/2013 05/16/13 For Rent $7,800 -- --
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 $32,093 $2,699,101 $1,936,231 $762,870
2024 $32,093 $2,646,178 $1,898,266 $747,912
2023 $31,621 $2,594,294 $1,861,046 $733,248
2022 $31,256 $2,543,426 $1,824,555 $718,871
2021 $30,641 $2,493,556 $1,788,780 $704,776
2020 $30,008 $2,467,989 $1,770,439 $697,550
2019 $29,678 $2,419,598 $1,735,725 $683,873
2018 $28,862 $2,372,156 $1,701,692 $670,464
2017 $28,356 $2,325,644 $1,668,326 $657,318
2016 $27,614 $2,280,044 $1,635,614 $644,430
2015 $27,346 $2,245,797 $1,611,046 $634,751
2014 $26,800 $2,201,806 $1,579,488 $622,318
Source: Public Records

Agents Affiliated with this Home

  • Diane Thomas

    Landlord's Agent in 2016

    Diane Thomas

    Outlook Realty Group, Inc.

    (408) 398-1124

    18 Total Sales

    Diane Thomas
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Map

Source: MLSListings

MLS Number: ML81596685

MLSListings

APN: 003-10-020

California Santa Clara County Palo Alto 94301 Crescent Park

515 Center Dr, Palo Alto, CA

This home is located at 515 Center Dr, Palo Alto, CA 94301 since 22 July 2016 and is currently priced at $5,587,859. This property was built in 1988. 515 Center Dr is a home located in Santa Clara County with nearby schools including Duveneck Elementary School, Frank S. Greene Jr. Middle, and Palo Alto High School.

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