NOT LISTED FOR SALE

564 Santa Rita Ave Palo Alto, CA 94301

Old Palo Alto Neighborhood

Estimated Value: $3,821,026 - $5,398,000

3 Beds
2 Baths
1,574 Sq Ft
$2,873/Sq Ft Est. Value

Last Sold September 19, 2012

Last sale price $2,275,000 $1,445 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $27,837/month

29 Days on Market

Highlights

  • Primary Bedroom Suite
  • Living Room with Fireplace
  • Tudor Architecture
  • Walter Hays Elementary Rated A+
  • Wood Flooring
  • Bonus Room

About This Home

As of September 2012

Prime Old Palo Alto location. Absolutely adorable Carmel style home featuring freshly painted interior with refinished hardwood floors. New carpet. Lovely enclosed brick patio. Dining room opens up to backyard patio and lawn area. Bonus loft in 2nd floor bedroom. Remodel, add-on create your dream home in one of most sought after neighborhoods in Palo Alto!

Last Agent to Sell the Property

Desiree Docktor

Compass License #01808874 Listed on: 07/19/2012

Compass

Last Buyer's Agent

Umang Sanchorawala

Compass License #01471341

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $33,272

Year Built

  • Built in 1936

Lot Details

  • Level Lot
  • Sprinklers on Timer
  • Zoning described as R1

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Tudor Architecture
  • Shake Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,574 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Bonus Room

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • Energy-Efficient Insulation

Utilities

  • Forced Air Heating System
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 124-04-036

Home Details

Home Type

Single Family

Est. Annual Taxes

$33,272

Year Built

Built in 1936

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Tudor
  • Age: 76
  • Sale Price Per Sq Ft: 1445.36
  • Listing Class: Residential
  • Structure Sq Ft: 1574
  • Barclay Horizontal: 10
  • Barclays Page: 12
  • Incorporated: Yes
  • Map Book Page: 791
  • Map Book Page Secondary: 12
  • Map Side Coordinate: 6
  • Map Side Coordinate Secondary: 83
  • Map Top Coordinate: B
  • Map Top Coordinate Secondary: 10
  • Thomas Bros Page: 791
  • Thomas Brothers: B6
  • Year Built: 1936
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Fireplace: Living Room, Wood Burning, Yes
  • Dining Room: Formal Dining Room, No Informal Dining Room
  • Kitchen: Dishwasher, Garbage Disposal, Refrigerator, Oven Range
  • Living Sq Ft: 1574
  • Stories: 2
  • Bedrooms: Primary Suite / Retreat
  • Laundry: In Laundry Room, Dryer, Washer
  • Flooring: Tile, Laminate, Carpet - Wall to Wall, Hardwood
  • Additional Rooms: Bonus / Hobby Room, Basement - Partial
  • Maximum Bathrooms: 2
  • Maximum Numberof Bedrooms: 3
  • Minimum Bathrooms: 2
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Shower over Tub - 1, Tubs - 1, Stall Shower

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Pool Description: Pool - No
  • Roof: Shake
  • View: Local/Neighborhood
  • Yard/Grounds: Sprinklers - Auto
  • Exterior: Stucco

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Detached Garage, Gate / Door Opener

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Schools

  • School District: Palo Alto Unified
  • Elementary School: Walter Hays Elementary
  • Middle School: David Starr Jordan Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 315
  • Middle School: 329

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 124-04-036
  • List Price per Sq Ft: 1556.54
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6000.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 6000.00
  • Lot Size Area Min Search: 6000.00
  • Maximum Lot Size: 6000.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Green Features

  • Energy Features: Insulation - Unknown

Multi Family

  • Maximum Building Height: 2
  • Minimum Building Height: 2

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Walter Hays Elementary
  • High School Text: Palo Alto High
  • Middle School Text: David Starr Jordan Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2012
Closed on
Sep 13, 2012
Sold by
Nilsson Keith R and Nilsson Blythe H
Bought by
Maheshwari Shubham and Khetan Archana
Seller's Agent
Desiree Docktor
Compass
Buyer's Agent
Umang Sanchorawala
Compass
List Price
$1,999,998
Sold Price
$2,275,000
Premium/Discount to List
$275,002
13.75%
Current Estimated Value
$4,577,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,302,763
Avg. Annual Appreciation
5.47%
Original Mortgage
$1,820,000
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 5, 2004
Sold by
Fortenbaugh Peter D and Lee Betty P J
Bought by
Nilsson Keith R and Nilsson Blythe H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,295,000
Interest Rate
4.15%

Purchase Details

Closed on
Jun 21, 2000
Sold by
Scott Helene W
Bought by
Fortenbaugh Peter D and Lee Betty P J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,363,000
Interest Rate
8.08%
Source: Public Records

Range of Values:

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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
Maheshwari Shubham $2,274,750 Chicago Title Company
Nilsson Keith R -- First American Title Company
Fortenbaugh Peter D $2,625,000 Old Republic Title Company
Scott Helene Woolf -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maheshwari Shubham $1,293,000
Closed Maheshwari Shubham $1,820,000
Previous Owner Nilsson Keith R $2,300,000
Previous Owner Nilsson Keith R $1,295,000
Previous Owner Fortenbaugh Peter D $650,000
Previous Owner Fortenbaugh Peter D $1,363,000
Previous Owner Scott Helene Woolf $100,000
Previous Owner Scott Helene Woolf $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2012 09/19/12 Sold $2,275,000 -7.1% $1,445 / Sq Ft
08/17/2012 08/17/12 Pending -- -- --
08/01/2012 08/01/12 Price Changed $2,450,000 +22.5% $1,557 / Sq Ft
07/19/2012 07/19/12 For Sale $1,999,998 -- $1,271 / 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 $33,272 $2,801,487 $2,758,394 $43,093
2024 $33,272 $2,746,557 $2,704,308 $42,249
2023 $32,783 $2,692,704 $2,651,283 $41,421
2022 $32,405 $2,639,907 $2,599,298 $40,609
2021 $31,767 $2,588,145 $2,548,332 $39,813
2020 $31,110 $2,561,607 $2,522,202 $39,405
2019 $30,768 $2,511,381 $2,472,748 $38,633
2018 $29,921 $2,462,139 $2,424,263 $37,876
2017 $29,397 $2,413,863 $2,376,729 $37,134
2016 $28,628 $2,366,533 $2,330,127 $36,406
2015 $28,350 $2,330,987 $2,295,127 $35,860
2014 $27,788 $2,285,327 $2,250,169 $35,158
Source: Public Records

Agents Affiliated with this Home

  • Desiree Docktor

    Seller's Agent in 2012

    Desiree Docktor

    Compass

    (650) 291-8487

    9 Total Sales

    Section Image
  • Umang Sanchorawala

    Buyer's Agent in 2012

    Umang Sanchorawala

    Compass

    (650) 960-5363

    5 in this area

    52 Total Sales

    Section Image
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Map

Source: MLSListings

MLS Number: ML81227043

MLSListings

APN: 124-04-036

California Santa Clara County Palo Alto 94301 Old Palo Alto

564 Santa Rita Ave, Palo Alto, CA

This home is located at 564 Santa Rita Ave, Palo Alto, CA 94301 since 19 July 2012 and is currently estimated at $4,522,007, approximately $2,872 per square foot. This property was built in 1936. 564 Santa Rita Ave is a home located in Santa Clara County with nearby schools including Walter Hays Elementary, Frank S. Greene Jr. Middle, and Palo Alto High School.

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