NOT LISTED FOR SALE

Estimated Value: $3,058,000 - $3,414,000

2 Beds
2 Baths
1,286 Sq Ft
$2,520/Sq Ft Est. Value

Last Sold April 19, 2021

Last sale price $2,807,500 $2,183 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $20,108/month

10 Days on Market

Highlights

  • Contemporary Architecture
  • Granite Countertops
  • Neighborhood Views
  • Addison Elementary School Rated A+
  • Wine Refrigerator
  • 1 Car Attached Garage

About This Home

As of April 2021

The perfect entree into fabulous Palo Alto! A few short blocks from downtown, this contemporary style 2 bedroom, 2 bath home has been nicely remodeled with great light, an open floor plan and private outdoor entertaining space. Relax with family in the bright living/dining main room. Enjoy the lovely front and rear gardens, just the right size for those who prefer minimal maintenance. Meet friends in town for a socially distanced get together. This is a great opportunity to have your own single family home rather than a condominium or townhouse! Whether you're launching a start-up, buying your first home, making an investment, looking to downsize, or planning to build a new home, this versatile property is ideal. Preliminary plans for a new steel framed modern home designed by BONE Structure are included in the sale. Come see us and dive into all that Palo Alto has to offer, excellent schools, a vibrant downtown, Stanford University and proximity to leading tech companies!

Last Agent to Sell the Property

Colleen Foraker

Compass License #01349099 Listed on: 03/12/2021

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,923

Year Built

  • 1972

Lot Details

  • 4,186 Sq Ft Lot
  • Northeast Facing Home
  • Property is Fully Fenced
  • Level Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,286 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Carpet
  • Neighborhood Views
  • Laundry in Garage

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Utilities

  • Forced Air Heating System

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,923

Year Built

1972

Lot Details

0

Parking

1

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Style: Contemporary
  • Age: 49
  • Listing Class: Residential
  • Structure Sq Ft: 1286
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1972

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area In Living Room
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Garbage Disposal, Island, Microwave, Refrigerator, Wine Refrigerator
  • Living Sq Ft: 1286
  • Stories: 1
  • Bedrooms: Primary Bedroom On Ground Floor
  • Laundry: In Garage
  • Flooring: Carpet
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Shower Over Tub - 1, Stall Shower

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • View: Neighborhood
  • Fencing: Complete Perimeter
  • Property Faces: Northeast

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Attached Garage

Utilities

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

Schools

  • School District: Palo Alto Unified

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.0961
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4186.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4186.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2021
Closed on
Apr 12, 2021
Sold by
Pjs Arhome Llc
Bought by
Ren Jiarui
Seller's Agent
Colleen Foraker
Compass
Buyer's Agent
Sunny Kim
Compass
List Price
$2,450,000
Sold Price
$2,807,500
Premium/Discount to List
$357,500
14.59%
Current Estimated Value
$3,240,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$433,337
Avg. Annual Appreciation
2.57%
Original Mortgage
$1,400,000
Outstanding Balance
$1,270,471
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$1,871,192

Purchase Details

Listed on
Jul 27, 2015
Closed on
Oct 2, 2015
Sold by
Davidson Thomas M and Newell Patricia M
Bought by
Pjs Arhome Llc
Seller's Agent
Stan Herrmann
Keller Williams Palo Alto
Buyer's Agent
Michael Repka
Deleon Realty
List Price
$2,188,000
Sold Price
$2,000,000
Premium/Discount to List
-$188,000
-8.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.36%

Purchase Details

Closed on
Mar 19, 2003
Sold by
Giannini Julie and Giannini Matthew
Bought by
Davidson Thomas M and Newell Patricia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2001
Sold by
Giannini Julie and Giannini Matthew
Bought by
Giannini Matthew and Giannini Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$557,000
Interest Rate
7.12%

Purchase Details

Closed on
May 18, 2000
Sold by
Bell Toby R and Robinson Scott H
Bought by
Conwell Julie and Giannini Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
8.25%
Source: Public Records

Range of Values:

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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
Ren Jiarui $2,807,500 Lawyers Title Company
Pjs Arhome Llc $2,000,000 Old Republic Title Company
Davidson Thomas M -- Chicago Title
Giannini Matthew -- Old Republic Title Company
Conwell Julie $700,000 First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ren Jiarui $1,400,000
Previous Owner Davidson Thomas M $610,000
Previous Owner Davidson Thomas M $650,000
Previous Owner Giannini Matthew $549,000
Previous Owner Giannini Matthew $553,800
Previous Owner Giannini Matthew $557,000
Previous Owner Conwell Julie $560,000
Closed Davidson Thomas M $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2021 04/19/21 Sold $2,807,500 +14.6% $2,183 / Sq Ft
03/23/2021 03/23/21 Pending -- -- --
03/12/2021 03/12/21 For Sale $2,450,000 +22.5% $1,905 / Sq Ft
10/20/2015 10/20/15 Sold $2,000,000 +0.1% $1,555 / Sq Ft
09/29/2015 09/29/15 Pending -- -- --
09/22/2015 09/22/15 Price Changed $1,998,000 -8.7% $1,554 / Sq Ft
07/27/2015 07/27/15 For Sale $2,188,000 -- $1,701 / 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 $35,923 $3,038,927 $2,876,563 $162,364
2024 $35,923 $2,979,341 $2,820,160 $159,181
2023 $35,394 $2,920,923 $2,764,863 $156,060
2022 $34,986 $2,863,650 $2,710,650 $153,000
2021 $26,995 $2,187,289 $2,023,243 $164,046
2020 $26,440 $2,164,862 $2,002,498 $162,364
2019 $26,148 $2,122,415 $1,963,234 $159,181
2018 $25,432 $2,080,800 $1,924,740 $156,060
2017 $24,986 $2,040,000 $1,887,000 $153,000
2016 $24,331 $2,000,000 $1,850,000 $150,000
2015 $12,946 $1,024,320 $843,561 $180,759
2014 $12,633 $1,004,256 $827,037 $177,219
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81833735

MLSListings

APN: 003-32-019