NOT LISTED FOR SALE

Estimated Value: $7,721,000 - $12,189,030

7 Beds
6.5 Baths
5,756 Sq Ft
$1,730/Sq Ft Est. Value

Last Sold March 12, 2025

Last sale price $13,350,000 $2,319 Per Sq Ft

Est. 25% decrease in value since last sale

Current estimated payment $67,341/month

88 Days on Market

Highlights

  • Wine Cellar
  • Home Theater
  • Sauna
  • Walter Hays Elementary Rated A+
  • New Construction
  • Primary Bedroom Suite

About This Home

As of March 2025

New Construction-Completed-Never Occupied***Featuring fabulous architectural design by an award-winning designer, this unique home possesses a distinctly modern flair & home technology. Located on a tree-lined street in prestigious Old Palo Alto boasts a chic open-concept floorplan that pairs seamlessly w/designer details & the latest home technology, ensuring maximum lifestyle sophistication both indoors & out**Enjoy 6 BR + an office, 7 baths, Sauna Room, Theater w/8 Recliners & projector, Recreation room, Wine cellar, Full Bar, 2 Laundry rooms **kitchen w/Miele 60 refrigerator, Gas range, Steam oven, Wine cooler, Silestone quartz countertops & Pantry. LUTRON Home Automation System for audio-visual, lighting, security & automatic shades; Nana Wall opening to covered patio & backyard w/built-in BBQ. 2 fireplaces, frameless white oak entry pivot door; open mono stringer floating stairs w/ glass panels, LED stripe lighting, & crystal pendant light. Bathrooms feature dual vanities, Brizo faucets & natural stone floors. With instant access to Stanford University, Town and Country Village, downtown area, top-rated Walter Hays/Greene/Palo Alto High schools & tech companies. Total construction 6,271 sq ft, consisting of: 5,756 sf (living area), 228 (Garage), 286 (covered patio).

Last Agent to Sell the Property

Judy Shen

Coldwell Banker Realty License #01272874 Listed on: 12/07/2024

Coldwell Banker Realty

Last Buyer's Agent

Judy Shen

Coldwell Banker Realty License #01272874 Listed on: 12/07/2024

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $171,622

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 10,001 Sq Ft Lot
  • Back and Front Yard Fenced
  • Level Lot
  • Sprinklers on Timer
  • Zoning described as R1

Parking

  • 1 Car Detached Garage
  • Electric Vehicle Home Charger
  • On-Street Parking

Property Views

  • Skyline
  • Neighborhood

Home Design

  • Modern Architecture
  • Steel Frame
  • Wood Frame Construction
  • Ceiling Insulation
  • Clay Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 5,756 Sq Ft Home
  • 3-Story Property
  • Entertainment System
  • High Ceiling
  • Skylights
  • Double Pane Windows
  • Formal Entry
  • Wine Cellar
  • Family Room with Fireplace
  • 2 Fireplaces
  • Great Room
  • Living Room with Fireplace
  • Open Floorplan
  • Breakfast Room
  • Home Theater
  • Den
  • Recreation Room
  • Utility Room
  • Sauna
  • Finished Basement
  • Sump Pump

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Tile
  • Travertine

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bathroom on Main Level
  • Dual Flush Toilets
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Electric Dryer Hookup

Home Security

  • Security Lights
  • Security Gate
  • Intercom
  • Smart Home
  • Monitored
  • Panic Alarm
  • Fire and Smoke Detector
  • Fire Sprinkler System

Eco-Friendly Details

  • Energy-Efficient HVAC
  • Energy-Efficient Insulation

Outdoor Features

  • Outdoor Kitchen
  • Barbecue Area

Additional Homes

  • 228 SF Accessory Dwelling Unit

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • 220 Volts
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 124-02-067

Home Details

Home Type

Single Family

Est. Annual Taxes

$171,622

Year Built

Built in 2022 | New Construction

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Modern / High Tech
  • Property Condition: Built / Remodeled Green
  • Age: 2
  • Listing Class: Residential
  • Second Res Apx Sq Ft: 228
  • Structure Sq Ft: 5756
  • Construction: Completed-Never Occupied
  • Incorporated: Yes
  • Year Built: 2022
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Family Room, Living Room
  • Dining Room: Breakfast Bar, Breakfast Room, Dining Area in Family Room, Dining Area in Living Room, Eat in Kitchen
  • Kitchen: 220 Volt Outlet, Cooktop - Gas, Countertop - Quartz, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Island with Sink, Oven Range - Built-In, Gas, Refrigerator, Wine Refrigerator
  • Living Sq Ft: 5756
  • Stories: 3
  • Security: Fire Alarm, Fire System - Sprinkler, Panic Alarm, Security Alarm, Security Lights, Video / Audio System
  • Bedrooms: Ground Floor Bedroom, More than One Bedroom on Ground Floor, Primary Suite / Retreate - 2+, Walk-in Closet
  • Laundry: Electricity Hookup (220V), In Utility Room, Inside, Upper Floor
  • Flooring: Hardwood, Tile, Travertine
  • Additional Rooms: Basement - Finished, Den / Study / Office, Formal Entry, Great Room, Laundry Room, Media / Home Theater, Recreation Room, Utility Room, Wine Cellar / Storage
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 7
  • Minimum Numberof Bedrooms: 7
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Bathroom: Dual Flush Toilet, Full on Ground Floor, Half on Ground Floor, Primary - Stall Shower(s), Sauna, Showers over Tubs - 2+, Skylight, Stall Shower - 2+, Tub in Primary Bedroom, Tubs - 2+
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter, Concrete Perimeter and Slab, Steel Frame, Wood Frame
  • Roof: Clay
  • View: Neighborhood
  • Yard/Grounds: BBQ Area, Fenced, Outdoor Kitchen, Sprinklers - Auto, Sprinklers - Lawn
  • Fencing: Fenced, Fenced Back, Fenced Front, Gate
  • Construction Type: Concrete Block, Steel Frame, Stucco, Wood Frame

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 3
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Detached Garage, On Street
  • Electric Vehicle Hookup Type: Electric Vehicle Hookup Level 2 (240 volts)

Utilities

  • Cooling System: Central AC, Multi-Zone
  • Heating System: Central Forced Air - Gas, Heating - 2+ Zones
  • Sewer/Septic System: Sewer - Public, Sewer Connected, Sump Pump

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Security Gate, Skylight, Video / Audio System, Walk-in Closet

Schools

  • School District: Palo Alto Unified
  • Elementary School: Walter Hays Elementary
  • Middle School: Frank S. Greene Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 315
  • Middle School: 329

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 124-02-067
  • Lot Acres: 0.2296
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 10000.00
  • Soil: Unknown

Green Features

  • Energy Features: Ceiling Insulation, Double Pane Windows, Energy Star HVAC, Skylight, Smart Home System, Tankless Water Heater, Walls Insulated

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Walter Hays Elementary
  • High School Text: Palo Alto High
  • Middle School Text: Frank S. Greene Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2024
Closed on
Mar 6, 2025
Sold by
Guo Tennyson Investment Llc
Bought by
Karadeniz Family Trust and Karadeniz
Seller's Agent
Judy Shen
Coldwell Banker Realty
Buyer's Agent
Judy Shen
Coldwell Banker Realty
List Price
$14,280,000
Sold Price
$13,350,000
Premium/Discount to List
-$930,000
-6.51%
Views
297
Current Estimated Value
$9,955,015

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,394,985
Avg. Annual Appreciation
-40.38%
Original Mortgage
$7,000,000
Outstanding Balance
$6,959,501
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$3,348,773

Purchase Details

Closed on
Aug 14, 2018
Sold by
Jin Jun
Bought by
Guo Rui

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 11, 2018
Sold by
Guo Rui
Bought by
Guo Tennyson Investment Llc

Purchase Details

Listed on
Oct 19, 2017
Closed on
Nov 2, 2017
Sold by
Thacker Christine Elizabeth
Bought by
Guo Rui
Seller's Agent
Alex Wang
Christie's International Real Estate Sereno
Buyer's Agent
Judy Shen
Coldwell Banker Realty
List Price
$5,500,000
Sold Price
$6,000,000
Premium/Discount to List
$500,000
9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.14%

Purchase Details

Closed on
Jun 3, 1997
Sold by
Thacker Charles P and Thacker Karen B
Bought by
Thacker Charles P and Thacker Karen B
Source: Public Records

Range of Values:

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Average Value
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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
Karadeniz Family Trust $13,350,000 Chicago Title
Guo Rui -- None Available
Guo Tennyson Investment Llc -- None Available
Guo Rui $6,000,000 Chicago Title Company
Thacker Charles P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karadeniz Family Trust $7,000,000
Previous Owner Guo Tennyson Investments Llc $3,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2025 03/12/25 Sold $13,350,000 -6.5% $2,319 / Sq Ft
03/05/2025 03/05/25 Pending -- -- --
12/07/2024 12/07/24 For Sale $14,280,000 +138.0% $2,481 / Sq Ft
11/07/2017 11/07/17 Sold $6,000,000 +9.1% $2,826 / Sq Ft
10/31/2017 10/31/17 Pending -- -- --
10/19/2017 10/19/17 For Sale $5,500,000 -- $2,591 / 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 $171,622 $14,818,568 $6,599,408 $8,219,160
2024 $171,622 $14,528,008 $6,470,008 $8,058,000
2023 $171,622 $14,243,146 $6,343,146 $7,900,000
2022 $94,750 $7,876,931 $6,218,771 $1,658,160
2021 $83,772 $6,956,785 $6,096,835 $859,950
2020 $71,937 $6,034,320 $6,034,320 $0
2019 $73,628 $6,120,000 $5,916,000 $204,000
2018 $71,571 $6,000,000 $5,800,000 $200,000
2017 $2,678 $156,220 $59,096 $97,124
2016 $2,601 $153,158 $57,938 $95,220
2015 $2,567 $150,858 $57,068 $93,790
2014 $2,420 $147,904 $55,951 $91,953
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81987942

MLSListings

APN: 124-02-067