NOT LISTED FOR SALE

Estimated Value: $3,470,000 - $3,666,000

3 Beds
2 Baths
1,795 Sq Ft
$1,996/Sq Ft Est. Value

Last Sold August 27, 2020

Last sale price $2,700,000 $1,504 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $21,679/month

8 Days on Market

Highlights

  • Primary Bedroom Suite
  • Family Room with Fireplace
  • Neighborhood Views
  • El Carmelo Elementary School Rated A+
  • Quartz Countertops
  • Den

About This Home

As of August 2020

CUL-DE-SAC HOME AT THE HEART OF MIDTOWN | Conveniently located at the heart of Midtown, this cul-de-sac home is just steps from Midtown Shopping Center. After an extensive remodel completed in 2020, the home offers bright interiors with upgrades like new floors, recessed lighting, and more. Enjoy open living and dining areas, a family room, and sky-lit, remodeled kitchen. The spacious master suite provides a walk-in closet, sitting room/office, remodeled bath, and private entrance. This property is beautifully landscaped with patios, lawns, and a private, serene backyard. Stroll to Hoover Park, Safeway, YMCA, Philz Coffee, Walgreens, and more. Easy access to freeways, California Ave, Caltrain, Stanford, tech companies, and top-ranking schools like El Carmelo Elementary, JLS Middle, and Palo Alto High (buyer to verify attendance).

Last Agent to Sell the Property

Julie Tsai Law

Compass License #01339682 Listed on: 08/04/2020

Compass

Last Buyer's Agent

Mike Pan

North America Real Estate Investment Group, Inc. License #01468957

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,666

Year Built

  • 1949

Lot Details

  • 6,194 Sq Ft Lot
  • Wood Fence
  • Back Yard Fenced

Parking

  • 1 Car Attached Garage

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,795 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Den
  • Storage Room
  • Tile Flooring
  • Neighborhood Views

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Gas Oven
  • Quartz Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer
  • Laundry Tub

Utilities

  • Forced Air Heating System

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,666

Year Built

1949

Lot Details

0

Parking

1

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Style: Ranch
  • Age: 71
  • Listing Class: Residential
  • Structure Sq Ft: 1795
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1949

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Gas Starter, Living Room, Wood Burning
  • Dining Room: Breakfast Bar, Breakfast Nook, Dining Area In Living Room
  • Kitchen: Countertop - Quartz, Oven Range - Gas, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1795
  • Stories: 1
  • Bedrooms: Primary Suite / Retreat, Walk-In Closet
  • Laundry: Gas Hookup, In Utility Room, Tub / Sink, Washer / Dryer
  • Flooring: Tile
  • Additional Rooms: Den / Study / Office, Laundry Room, Storage
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Primary - Stall Shower(s), Shower Over Tub - 1, Tile

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • View: Neighborhood
  • Fencing: Fenced Back, Not Surveyed, Wood
  • Construction Type: Concrete, Wood Frame

Garage/Parking

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

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Skylight, Walk-In Closet

Schools

  • School District: Palo Alto Unified
  • Elementary School: El Carmelo Elementary
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 312

Lot Info

  • Lot Acres: 0.1422
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6193.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6193.00

Green Features

  • Energy Features: Double Pane Windows, Skylight

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2020
Closed on
Aug 20, 2020
Sold by
Kent Tseng Hung Special Needs Trust
Bought by
Zheng Bin and Cheng Lei
Seller's Agent
Julie Tsai Law
Compass
Buyer's Agent
Mike Pan
North America Real Estate Investment Group, Inc.
List Price
$2,695,000
Sold Price
$2,700,000
Premium/Discount to List
$5,000
0.19%
Current Estimated Value
$3,582,791

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$882,791
Avg. Annual Appreciation
5.64%

Purchase Details

Closed on
Dec 20, 2019
Sold by
Hung David Tseng Ho and Teseg Jao Hung
Bought by
Hung Brian Tseng Liang and The Kent Tseng Hung Special Ne

Purchase Details

Closed on
Sep 14, 2016
Sold by
Hung Tseng Jao and Hungyeh Hsiu Hwei
Bought by
Hungyeh Hsiu Hwei and Hung David Tseng Ho

Purchase Details

Closed on
May 24, 2000
Sold by
Hung Tseng Jao and Hungyeh Hsiu Hwei
Bought by
Hung Tseng Jao and Hungyeh Hsiu Hwei

Purchase Details

Closed on
Nov 18, 1999
Sold by
Squires David B and Lambert Caroline A
Bought by
Hung Tseng Jao and Yeh Hsiu Hwei Hung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$486,000
Interest Rate
3.45%
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
Zheng Bin $2,700,000 First American Title
Hung Brian Tseng Liang -- None Available
Hungyeh Hsiu Hwei -- None Available
Hung Tseng Jao -- --
Hung Tseng Jao $766,000 Northern Counties Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hung Tseng Jao $486,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2020 08/27/20 Sold $2,700,000 +0.2% $1,504 / Sq Ft
08/13/2020 08/13/20 Pending -- -- --
08/04/2020 08/04/20 For Sale $2,695,000 -- $1,501 / 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 $34,666 $2,922,565 $2,760,201 $162,364
2024 $34,666 $2,865,261 $2,706,080 $159,181
2023 $34,157 $2,809,080 $2,653,020 $156,060
2022 $33,763 $2,754,000 $2,601,000 $153,000
2021 $33,099 $2,700,000 $2,550,000 $150,000
2020 $13,628 $1,076,510 $538,255 $538,255
2019 $13,475 $1,055,402 $527,701 $527,701
2018 $13,117 $1,034,708 $517,354 $517,354
2017 $12,886 $1,014,420 $507,210 $507,210
2016 $12,545 $994,530 $497,265 $497,265
2015 $12,419 $979,592 $489,796 $489,796
2014 $12,114 $960,404 $480,202 $480,202
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81804360

MLSListings

APN: 132-02-055