Seller's Agent in 2024
Hugh Cornish
Coldwell Banker Realty
(650) 566-5353
1 in this area
112 Total Sales
520 Tennyson Ave Palo Alto, CA 94301
Old Palo Alto NeighborhoodEstimated Value: $8,080,000 - $9,191,000
5
Beds
5.5
Baths
4,445
Sq Ft
$1,937/Sq Ft
Est. Value
Highlights
- Wine Cellar
- Primary Bedroom Suite
- Recreation Room
- Walter Hays Elementary Rated A+
- Skyline View
- Soaking Tub in Primary Bathroom
About This Home
As of July 2024Located in the heart of prestigious Old Palo Alto, this stunning California farmhouse, built just five years ago, offers luxurious living across three levels. The home's impressive curb appeal blends beautifully into this neighborhood of architecturally significant homes. Gabled rooflines extend outward across a detailed cross-braced railing design that serves as the upper-level balcony. Inside, white oaks floors unify the entire floor plan, complemented by ultra-smooth walls & recessed lighting throughout. Formal living & dining rooms await for stylish entertaining, with service from a customized wine cellar. A tremendous great room unfolds at the rear of the home for everyday living & dining, extending from a superb modern kitchen designed in a combination of sleek natural wood grain & rich charcoal-gray cabinetry, high-end appliances, & countertops. Retractable stacking glass doors open the great room fully to a covered rear dining lounge with a wet bar & adjoining Connecticut bluestone terrace with a fire pit & barbeque kitchen complete with pizza oven. Located just over one mile from University Avenue's shops & restaurants & within the excellent Palo Alto school district, this home offers an exceptional lifestyle in one of Silicon Valley's most coveted neighborhoods.
Last Agent to Sell the Property
Coldwell Banker Realty License #00912143 Listed on: 05/30/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $102,477
Year Built
- Built in 2019
Lot Details
- 7,501 Sq Ft Lot
- Back Yard Fenced
- Zoning described as R1
Parking
- 1 Car Detached Garage
Property Views
- Skyline
- Neighborhood
Home Design
- Farmhouse Style Home
- Slab Foundation
- Shingle Roof
- Composition Roof
Interior Spaces
- 4,445 Sq Ft Home
- 2-Story Property
- Skylights
- Gas Fireplace
- Wine Cellar
- Living Room with Fireplace
- Formal Dining Room
- Recreation Room
- Wood Flooring
- Finished Basement
Kitchen
- Open to Family Room
- Breakfast Bar
- Self-Cleaning Oven
- Gas Cooktop
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
- Main Floor Bedroom
- Primary Bedroom Suite
- Walk-In Closet
- Bathroom on Main Level
- Dual Sinks
- Soaking Tub in Primary Bathroom
- Bathtub Includes Tile Surround
- Walk-in Shower
Laundry
- Laundry in unit
- Dryer
- Washer
Outdoor Features
- Balcony
- Outdoor Kitchen
- Fire Pit
Utilities
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 124-06-019
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 30, 2024
Closed on
Jul 29, 2024
Sold by
Burns Family Trust and Burns Kevin
Bought by
Liu Jing
Seller's Agent
Hugh Cornish
Coldwell Banker Realty
Buyer's Agent
Bin Zhou
Open Realty
List Price
$8,995,000
Sold Price
$8,100,088
Premium/Discount to List
-$894,912
-9.95%
Views
80
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
$508,508
Avg. Annual Appreciation
5.69%
Purchase Details
Closed on
Feb 27, 2019
Sold by
Gassee Jean Louis and Gassee Brigitte
Bought by
Burns Kevin and Burns Kathryn
Purchase Details
Closed on
Jun 20, 2016
Sold by
Trepel Elwynne O
Bought by
Gassee Family Living Trust and Gassee Brigitte
Purchase Details
Closed on
May 20, 1997
Sold by
Trepel Elwynne Orris
Bought by
Trepel Elwynne O
Purchase Details
Closed on
Apr 16, 1997
Sold by
Tanner Caroline O
Bought by
Orris Bernard R and Orris Caroline
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Liu Jing | $8,100,500 | Chicago Title Company | |
| Liu Jing | -- | Chicago Title Company | |
| Burns Kevin | $7,900,000 | Chicago Title Company | |
| Gassee Family Living Trust | $4,260,000 | Chicago Title Company | |
| Trepel Elwynne O | -- | -- | |
| Orris Bernard R | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Burns Kevin | $7,900,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/31/2024 07/31/24 | Sold | $8,100,088 | -4.6% | $1,822 / Sq Ft |
| 07/23/2024 07/23/24 | Pending | -- | -- | -- |
| 07/11/2024 07/11/24 | Price Changed | $8,495,000 | -5.6% | $1,911 / Sq Ft |
| 05/30/2024 05/30/24 | For Sale | $8,995,000 | -- | $2,024 / 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 | $102,477 | $8,100,088 | $4,950,088 | $3,150,000 |
| 2024 | $102,477 | $8,639,800 | $5,468,229 | $3,171,571 |
| 2023 | $100,981 | $8,470,393 | $5,361,009 | $3,109,384 |
| 2022 | $99,837 | $8,304,308 | $5,255,892 | $3,048,416 |
| 2021 | $97,875 | $8,141,480 | $5,152,836 | $2,988,644 |
| 2020 | $95,811 | $8,058,000 | $5,100,000 | $2,958,000 |
| 2019 | $99,576 | $8,373,685 | $4,467,685 | $3,906,000 |
| 2018 | $56,180 | $4,760,904 | $4,380,084 | $380,820 |
| 2017 | $52,183 | $4,345,200 | $4,294,200 | $51,000 |
| 2016 | $1,138 | $99,494 | $49,747 | $49,747 |
| 2015 | $1,127 | $98,000 | $49,000 | $49,000 |
| 2014 | -- | $96,082 | $48,041 | $48,041 |
Source: Public Records
Agents Affiliated with this Home
-
Hugh Cornish
-
Annie Watson
Seller Co-Listing Agent in 2024
Annie Watson
Coldwell Banker Realty
(650) 380-9898
13 in this area
104 Total Sales
-
Bin Zhou
Buyer's Agent in 2024
Bin Zhou
Open Realty
(650) 387-1308
2 in this area
112 Total Sales
Map
Source: MLSListings
MLS Number: ML81967630
APN: 124-06-019
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