NOT LISTED FOR SALE

581 Rhodes Dr Palo Alto, CA 94303

Duveneck-Saint Francis Neighborhood

Estimated Value: $3,859,000 - $4,668,000

5 Beds
3 Baths
1,952 Sq Ft
$2,205/Sq Ft Est. Value

Last Sold July 25, 2017

Last sale price $2,850,000 $1,460 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $26,708/month

8 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Farmhouse Style Home
  • Breakfast Area or Nook
  • Duveneck Elementary School Rated A+
  • Neighborhood Views
  • Balcony

About This Home

As of July 2017

Here is a wonderful opportunity to remodel or rebuild in this beautiful neighborhood. The house is on a lovely street lined with gorgeous magnolia trees. With lots of space there are: 5 bedrooms, 3 full bathrooms, and a 2 car garage. Three bedrooms and two bathrooms are on the ground floor (although one of the bedrooms was always used as a family room). The two upstairs bedrooms are joined by a shared bathroom. A fabulous location for the excellent schools and all the amenities Palo Alto has to offer.

Last Agent to Sell the Property

Genella Williamson

Compass License #00755754 Listed on: 06/21/2017

Compass

Last Buyer's Agent

Gloria Young

Golden Gate Sotheby's International Realty License #01895672

Golden Gate Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,555

Year Built

  • Built in 1949

Lot Details

  • 6,098 Sq Ft Lot
  • Level Lot
  • Back Yard Fenced
  • Zoning described as R1

Parking

  • 2 Car Garage
  • Off-Site Parking

Home Design

  • Farmhouse Style Home
  • Slab Foundation
  • Wood Shingle Roof

Interior Spaces

  • 1,952 Sq Ft Home
  • 2-Story Property
  • Bay Window
  • Living Room with Fireplace
  • Dining Area
  • Neighborhood Views
  • Laundry in Garage

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Cooktop
  • Range Hood
  • Dishwasher
  • Tile Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Jack-and-Jill Bathroom
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Dual Sinks
  • Bathtub with Shower
  • Walk-in Shower

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan

Listing and Financial Details

  • Assessor Parcel Number 003-15-043

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,555

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Farm House
  • Age: 68
  • Listing Class: Residential
  • Structure Sq Ft: 1952
  • Year Built: 1949
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room
  • Dining Room: Breakfast Nook, Dining Area, Eat in Kitchen
  • Kitchen: Cooktop - Electric, Countertop - Tile, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range
  • Living Sq Ft: 1952
  • Stories: 2
  • Bedrooms: Primary Bedroom on Ground Floor, More than One Bedroom on Ground Floor
  • Laundry: In Garage
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Bathroom: Double Sinks, Full on Ground Floor, Pass Through, Showers over Tubs - 2+, Stall Shower
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Wood Shakes / Shingles
  • View: Neighborhood
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced
  • Fencing: Fenced Back

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Off-Site Parking

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Bay Window

Schools

  • School District: Palo Alto Unified

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 003-15-043
  • Lot Acres: 0.1400
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6100.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6100.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2017
Sold by
Tian Chen and Long Yejuan
Bought by
Tian Chen and Long Yejuan
Current Estimated Value
$4,305,087

Purchase Details

Listed on
Jun 21, 2017
Closed on
Jul 18, 2017
Sold by
Butler Cynthia
Bought by
Tian Chen and Long Yejuan
Seller's Agent
Genella Williamson
Compass
Buyer's Agent
Gloria Young
Golden Gate Sotheby's International Realty
List Price
$2,675,000
Sold Price
$2,850,000
Premium/Discount to List
$175,000
6.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.21%
Original Mortgage
$2,137,500
Outstanding Balance
$1,727,008
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,578,079

Purchase Details

Closed on
Mar 18, 1999
Sold by
Butler William G and Butler Carolyn C
Bought by
Butler William G and Butler Carolyn C
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
Tian Chen -- Lawyers Title Company
Tian Chen $2,850,000 Lawyers Title Company
Butler William G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tian Chen $1,292,000
Closed Tian Chen $1,325,000
Open Tian Chen $2,137,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2017 07/25/17 Sold $2,850,000 +6.5% $1,460 / Sq Ft
06/30/2017 06/30/17 Pending -- -- --
06/21/2017 06/21/17 For Sale $2,675,000 -- $1,370 / 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 $39,555 $3,354,362 $3,106,273 $248,089
2024 $39,555 $3,288,591 $3,045,366 $243,225
2023 $38,973 $3,224,109 $2,985,653 $238,456
2022 $38,524 $3,160,892 $2,927,111 $233,781
2021 $37,765 $3,098,915 $2,869,717 $229,198
2020 $36,979 $3,067,140 $2,840,292 $226,848
2019 $36,572 $3,007,000 $2,784,600 $222,400
2018 $34,405 $2,850,000 $2,730,000 $120,000
2017 $2,204 $116,005 $42,174 $73,831
2016 $2,078 $113,732 $41,348 $72,384
2015 $2,050 $112,024 $40,727 $71,297
2014 $1,969 $109,831 $39,930 $69,901
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2017

    Genella Williamson

    Compass

    Section Image

  • G

    Buyer's Agent in 2017

    Gloria Young

    Golden Gate Sotheby's International Realty

    Section Image
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Map

Source: MLSListings

MLS Number: ML81657061

MLSListings

APN: 003-15-043

California Santa Clara County Palo Alto 94303 Duveneck-Saint Francis

581 Rhodes Dr, Palo Alto, CA

This home is located at 581 Rhodes Dr, Palo Alto, CA 94303 since 21 June 2017 and is currently estimated at $4,305,087, approximately $2,205 per square foot. This property was built in 1949. 581 Rhodes Dr is a home located in Santa Clara County with nearby schools including Duveneck Elementary School, Frank S. Greene Jr. Middle, and Palo Alto High School.

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