NOT LISTED FOR SALE

Estimated Value: $2,520,000 - $3,595,000

4 Beds
2 Baths
1,756 Sq Ft
$1,814/Sq Ft Est. Value

About This Home

This home is located at 562 Kelly Way, Palo Alto, CA 94306 and is currently estimated at $3,185,952, approximately $1,814 per square foot. 562 Kelly Way is a home located in Santa Clara County with nearby schools including Juana Briones Elementary School, Ellen Fletcher Middle, and Henry M. Gunn High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 10, 2021
Sold by
Wang Peter and Wang Peter C
Bought by
Wang Peter and Peter Wang Trust
Current Estimated Value
$3,192,745

Purchase Details

Closed on
Oct 18, 2018
Sold by
Wang Peter C
Bought by
L Wang Family Partnership

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$679,650
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2018
Sold by
L Wang Family Partnership Lp
Bought by
Wang Peter C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$679,650
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 17, 2006
Sold by
Wang Peter C and Wang Li Jen
Bought by
L Wang Family Partnership Lp and Wang Peter C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$545,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 13, 2005
Sold by
Wang Li Jen and Wang Jennie
Bought by
L Wang Family Partnership Lp

Purchase Details

Closed on
Nov 3, 2003
Sold by
Wang Li Jen and Wang Jennie
Bought by
L Wang Family Partners

Purchase Details

Closed on
Jun 30, 2003
Sold by
Wang Peter C
Bought by
Wang Peter C and Wang Li Jen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$537,000
Interest Rate
3.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 31, 2000
Sold by
Yen Wang Li
Bought by
L Wang Family Partners Lp

Purchase Details

Closed on
Dec 18, 1997
Sold by
Newell Dennis E
Bought by
Wang Peter C and Wang Li Jen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,000
Interest Rate
7.22%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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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
Wang Peter -- None Available
L Wang Family Partnership $555,000 None Available
Wang Peter C $340,000 First American Title Co
L Wang Family Partnership Lp -- First American Title Company
Wang Li Jen -- First American Title Company
L Wang Family Partnership Lp -- --
L Wang Family Partners -- --
Wang Peter C -- Old Republic Title Company
L Wang Family Partners Lp -- --
Wang Peter C $446,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wang Peter C $679,650
Previous Owner L Wang Family Partnership Lp $500,000
Previous Owner Wang Li Jen $545,000
Previous Owner Wang Peter C $537,000
Previous Owner Wang Peter C $356,000
Source: Public Records

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
2024 $21,813 $1,770,814 $1,508,152 $262,662
2023 $21,491 $1,736,093 $1,478,581 $257,512
2022 $21,240 $1,702,053 $1,449,590 $252,463
2021 $20,822 $1,668,680 $1,421,167 $247,513
2020 $20,398 $1,651,571 $1,406,595 $244,976
2019 $21,584 $1,738,120 $1,491,515 $246,605
2018 $15,158 $1,208,066 $995,788 $212,278
2017 $14,891 $1,184,379 $976,263 $208,116
2016 $14,498 $1,161,157 $957,121 $204,036
2015 $14,354 $1,143,717 $942,745 $200,972
2014 $7,763 $592,658 $348,562 $244,096
Source: Public Records

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