Seller's Agent in 2021
Michael Repka
Deleon Realty
(650) 488-7325
21 in this area
780 Total Sales
580 Addison Ave Palo Alto, CA 94301
University South NeighborhoodEstimated Value: $5,159,000 - $7,502,000
5
Beds
5
Baths
3,756
Sq Ft
$1,566/Sq Ft
Est. Value
Highlights
- Contemporary Architecture
- Vaulted Ceiling
- Main Floor Bedroom
- Addison Elementary School Rated A+
- Wood Flooring
- Jetted Tub in Primary Bathroom
About This Home
As of March 2021The sought-after neighborhood of Professorville sets the stage for this beautiful 5-bedroom, 5-bathroom home, with over 3,750 square feet of luxury living space on a corner lot of more than 5,750 square feet. Built in 2008, and showcasing outstanding build quality, this home offers elegant spaces and a modern floorplan. Expansive gathering spaces include the living room centered by a fireplace, the chef's kitchen with appliances from JennAir and Bosch, and the light-filled family room with backyard access. The master suite opens to a private balcony, while the home's additional bedrooms include one that easily converts into office space to work from home in style, and an au pair quarters with its own outside entrance. The backyard has a covered patio, built-in grill, and pizza oven. Just blocks to University Avenue, convenient to Stanford University, and offers access to acclaimed Palo Alto schools including Addison Elementary, which is just steps away (buyer to verify eligibility).
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $38,305
Year Built
- 2008
Lot Details
- Gated Home
- Wood Fence
- Level Lot
- Back Yard Fenced
Parking
- 1 Car Detached Garage
- Garage Door Opener
- Electric Gate
- On-Street Parking
Home Design
- Contemporary Architecture
- Wood Frame Construction
- Tile Roof
- Concrete Perimeter Foundation
- Stucco
Interior Spaces
- 3,756 Sq Ft Home
- 2-Story Property
- Wet Bar
- Vaulted Ceiling
- Skylights in Kitchen
- Wood Burning Fireplace
- Fireplace With Gas Starter
- Double Pane Windows
- Garden Windows
- Living Room with Fireplace
- Formal Dining Room
- Den
- Bonus Room
- Neighborhood Views
- Finished Basement
Kitchen
- Breakfast Area or Nook
- Breakfast Bar
- Built-In Self-Cleaning Double Oven
- Electric Oven
- Gas Cooktop
- Range Hood
- Microwave
- Ice Maker
- Dishwasher
- Wine Refrigerator
- Granite Countertops
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Main Floor Bedroom
- Walk-In Closet
- Bathroom on Main Level
- 5 Full Bathrooms
- Solid Surface Bathroom Countertops
- Granite Bathroom Countertops
- Dual Flush Toilets
- Low Flow Toliet
- Jetted Tub in Primary Bathroom
- Hydromassage or Jetted Bathtub
- Bathtub with Shower
- Bathtub Includes Tile Surround
- Walk-in Shower
Laundry
- Laundry on upper level
- Dryer
- Washer
Outdoor Features
- Balcony
- Barbecue Area
Utilities
- Forced Air Zoned Heating and Cooling System
- Thermostat
- 220 Volts
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 11, 2024
Sold by
Kriplani Sanjeev I and Kriplani Elizabeth A
Bought by
Dungan And Kriplani Family Trust and Kriplani
Current Estimated Value
Purchase Details
Listed on
Feb 10, 2021
Closed on
Feb 23, 2021
Sold by
Arnold Shirin I
Bought by
Kriplani Sanjeev I and Dungan Elizabeth A
Seller's Agent
Michael Repka
Deleon Realty
Buyer's Agent
Michael Repka
Deleon Realty
List Price
$4,488,000
Sold Price
$4,200,000
Premium/Discount to List
-$288,000
-6.42%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.76%
Purchase Details
Closed on
Apr 15, 2015
Sold by
Arnold Shirin I and Aalami Shirin
Bought by
Arnold Shirin I
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
3.73%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 8, 2009
Sold by
Aalami Florian B
Bought by
Aalami Shirin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.71%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Apr 28, 2009
Sold by
Arnold Nicolas Georg
Bought by
Aalami Shirin Ingrid
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.71%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Dec 10, 2004
Sold by
Goodman Karyn Aalami
Bought by
Aalami Florian B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$535,000
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| Dungan And Kriplani Family Trust | -- | None Listed On Document | |
| Kriplani Sanjeev I | $4,200,000 | Chicago Title Company | |
| Arnold Shirin I | -- | Pacific Coast Title Company | |
| Aalami Shirin | -- | Chicago Title Company | |
| Aalami Shirin Ingrid | -- | Chicago Title Company | |
| Aalami Florian B | -- | First American Title Company | |
| Aalami Florian B | -- | First American Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Kriplani Sanjeev I | $1,000,000 | |
| Previous Owner | Arnold Shirin I | $600,000 | |
| Previous Owner | Arnold Shirin I | $375,000 | |
| Previous Owner | Aalami Shirin | $417,000 | |
| Previous Owner | Aalami Florian B | $535,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/01/2021 03/01/21 | Sold | $4,200,000 | -6.4% | $1,118 / Sq Ft |
| 02/20/2021 02/20/21 | Pending | -- | -- | -- |
| 02/10/2021 02/10/21 | For Sale | $4,488,000 | -- | $1,195 / 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 | $38,305 | $3,245,783 | $2,278,650 | $967,133 |
| 2024 | $38,305 | $3,182,141 | $2,233,971 | $948,170 |
| 2023 | $37,741 | $3,119,747 | $2,190,168 | $929,579 |
| 2022 | $37,306 | $3,058,576 | $2,147,224 | $911,352 |
| 2021 | $36,280 | $2,974,230 | $1,368,145 | $1,606,085 |
| 2020 | $35,526 | $2,943,734 | $1,354,117 | $1,589,617 |
| 2019 | $35,135 | $2,886,015 | $1,327,566 | $1,558,449 |
| 2018 | $34,163 | $2,829,428 | $1,301,536 | $1,527,892 |
| 2017 | $33,563 | $2,773,950 | $1,276,016 | $1,497,934 |
| 2016 | $32,685 | $2,719,560 | $1,250,997 | $1,468,563 |
| 2015 | $32,367 | $2,678,710 | $1,232,206 | $1,446,504 |
| 2014 | $31,822 | $2,626,238 | $1,208,069 | $1,418,169 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Repka
Map
Source: MLSListings
MLS Number: ML81829192
APN: 120-06-009
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