NOT LISTED FOR SALE

Estimated Value: $2,588,000 - $2,981,000

3 Beds
2 Baths
1,350 Sq Ft
$2,056/Sq Ft Est. Value

Last Sold March 18, 2022

Last sale price $2,450,000 $1,815 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $17,706/month

9 Days on Market

Highlights

  • Skyline View
  • Vaulted Ceiling
  • Walk-In Closet
  • Barron Park Elementary School Rated A+
  • Cottage
  • Bathtub with Shower

About This Home

As of March 2022

Opportunity Abounds in Barron Park Nestled among spectacular Redwood trees, with the charm of yesteryear, this home has a flexible floor plan and is brimming with a great deal of potential. The pristine move-in ready, 2 bedroom cottage, plus the attached 1 bedroom in-law unit could be combined as a single home or continue to be used as separate rental units. Each has its own kitchen, washer and dryer, multiple dual pane windows and a new roof. The property provides endless options to either enjoy the ambience of living in such a peaceful setting or to create your dream house in a great neighborhood. Ideally located, a short distance to Stanford University, California Avenue restaurants, shopping and to three Palo Alto Schools**. Buyer should investigate the different options to rebuild, expand or remodel with the City of Palo Alto.

Last Agent to Sell the Property

Shari Ornstein

Compass License #01028693 Listed on: 02/08/2022

Compass

Last Buyer's Agent

Vicky Le

Province Real Estate License #01748595

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,951

Year Built

  • 1926

Lot Details

  • 5,933 Sq Ft Lot
  • Fenced
  • Level Lot
  • Sprinklers on Timer

Parking

  • 2 Parking Spaces

Home Design

  • Cottage
  • Slab Foundation
  • Mudsill Foundation
  • Composition Roof

Interior Spaces

  • 1,350 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Skylights in Kitchen
  • Dining Area
  • Skyline Views

Kitchen

  • Gas Oven
  • Microwave
  • Dishwasher
  • Tile Countertops

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in Utility Room
  • Washer and Dryer

Utilities

  • Vented Exhaust Fan

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,951

Year Built

1926

Lot Details

0

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Style: Cottage
  • Age: 96
  • Listing Class: Residential
  • Structure Sq Ft: 1350
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1926

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area
  • Kitchen: Countertop - Tile, Dishwasher, Exhaust Fan, Microwave, Oven Range - Gas, Refrigerator, Skylight
  • Living Sq Ft: 1350
  • Stories: 1
  • Bedrooms: More Than One Bedroom On Ground Floor
  • Laundry: In Utility Room, Washer / Dryer
  • Flooring: Carpet, Laminate, Vinyl / Linoleum
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Showers Over Tubs - 2+, Skylight

Exterior Features

  • Foundation: Concrete Slab, Mudsill
  • Roof: Composition
  • Yard/Grounds: Sprinklers - Auto
  • Fencing: Fenced

Garage/Parking

  • Parking Spaces: 2
  • Garage Parking Features: Parking Area

Utilities

  • Heating System: Electric
  • Sewer/Septic System: Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Vaulted Ceiling, Walk-In Closet

Schools

  • School District: Palo Alto Unified

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1362
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5935.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5935.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2022
Closed on
Mar 10, 2022
Sold by
Mann and Rui
Bought by
Sullivan Thomas Joseph and Sullivan Rapeeporn Photong
Seller's Agent
Shari Ornstein
Compass
Buyer's Agent
Vicky Le
Province Real Estate
List Price
$2,298
Sold Price
$2,450,000
Premium/Discount to List
$2,447,702
106514.45%
Current Estimated Value
$2,776,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$326,113
Avg. Annual Appreciation
3.70%
Original Mortgage
$1,837,500
Outstanding Balance
$1,718,558
Interest Rate
3.85%
Mortgage Type
Balloon
Estimated Equity
$1,057,555

Purchase Details

Listed on
May 18, 2015
Closed on
Jun 15, 2015
Sold by
Altieri Lisa
Bought by
Mann Michael J and Meng Rui
Seller's Agent
Shelly Roberson
Compass
Buyer's Agent
Shari Ornstein
Compass
List Price
$1,698,000
Sold Price
$1,830,000
Premium/Discount to List
$132,000
7.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.42%
Original Mortgage
$1,230,000
Interest Rate
3.15%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 21, 2004
Sold by
Hinton John and Hinton Jennifer W
Bought by
Altieri Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 19, 1998
Sold by
Dana Keen
Bought by
Hinton John and Hinton Jennifer W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
3.35%
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
Sullivan Thomas Joseph $2,450,000 First American Title
Mann Michael J $1,830,000 First American Title Company
Altieri Lisa $775,000 Old Republic Title Company
Hinton John $395,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sullivan Thomas Joseph $1,837,500
Previous Owner Mann Michael J $1,230,000
Previous Owner Altieri Lisa $300,000
Previous Owner Altieri Lisa $150,000
Previous Owner Altieri Lisa $747,500
Previous Owner Altieri Lisa $100,000
Previous Owner Altieri Lisa $740,000
Previous Owner Altieri Lisa $620,000
Previous Owner Hinton John $316,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2022 03/18/22 Sold $2,450,000 +6.6% $1,815 / Sq Ft
02/18/2022 02/18/22 Pending -- -- --
02/08/2022 02/08/22 Price Changed $2,298,000 +99900.0% $1,702 / Sq Ft
02/08/2022 02/08/22 For Sale $2,298 -99.9% $2 / Sq Ft
06/18/2015 06/18/15 Sold $1,830,000 +7.8% $1,356 / Sq Ft
05/28/2015 05/28/15 Pending -- -- --
05/18/2015 05/18/15 For Sale $1,698,000 -- $1,258 / 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
2025 $30,951 $2,599,959 $2,467,308 $132,651
2024 $30,951 $2,548,980 $2,418,930 $130,050
2023 $30,497 $2,499,000 $2,371,500 $127,500
2022 $25,651 $2,072,525 $2,010,239 $62,286
2021 $25,145 $2,031,888 $1,970,823 $61,065
2020 $24,629 $2,011,054 $1,950,615 $60,439
2019 $24,357 $1,971,622 $1,912,368 $59,254
2018 $23,692 $1,932,964 $1,874,871 $58,093
2017 $23,276 $1,895,063 $1,838,109 $56,954
2016 $22,666 $1,857,906 $1,802,068 $55,838
2015 $11,597 $916,819 $870,216 $46,603
2014 -- $898,861 $853,170 $45,691
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81877440

MLSListings

APN: 137-08-040