NOT LISTED FOR SALE

655 Hale St Palo Alto, CA 94301

Crescent Park Neighborhood

Estimated Value: $6,822,000 - $7,829,000

5 Beds
6 Baths
3,297 Sq Ft
$2,208/Sq Ft Est. Value

Last Sold July 22, 2014

Last sale price $6,010,000 $1,823 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $46,668/month

14 Days on Market

Highlights

  • Primary Bedroom Suite
  • English Cottage Architecture
  • Marble Flooring
  • Addison Elementary School Rated A+
  • Living Room with Fireplace
  • Main Floor Bedroom

About This Home

As of July 2014

Completely renovated and expanded-just completed. Original character with new luxurious modern interiors. Open and light floor plan with expansive windows. Tremendous great room with nano doors opening to the rear blue stone patio with gas fireplace.Flexible floor plan with office and bedroom downstairs,separate detached studio with half bath and lanai.Beautifully landscaped-ONE OF A KIND

Last Agent to Sell the Property

Judy Citron

Compass License #01825569 Listed on: 06/19/2014

Compass

Last Buyer's Agent

Shilpa Merchant

Coldwell Banker Realty License #01112533

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $84,095

Year Built

  • Built in 1931

Lot Details

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

Parking

  • 1 Car Garage

Home Design

  • English Cottage Architecture
  • Shake Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,297 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Gas Log Fireplace
  • Double Pane Windows
  • Formal Entry
  • Living Room with Fireplace
  • Family or Dining Combination
  • Bonus Room
  • Fire Sprinkler System

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Bathtub with Shower
  • Walk-in Shower

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 003-19-024

Home Details

Home Type

Single Family

Est. Annual Taxes

$84,095

Year Built

Built in 1931

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Country English
  • Age: 83
  • Sale Price Per Sq Ft: 1822.87
  • Level Street Main: Bedroom(s)
  • Listing Class: Residential
  • Structure Sq Ft: 3297
  • Incorporated: Yes
  • Map Book Page: 791
  • Map Side Coordinate: 3
  • Map Top Coordinate: A
  • Thomas Bros Page: 791
  • Thomas Brothers: A3
  • Year Built: 1931
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room, Gas Log, Yes
  • Dining Room: No Formal Dining Room, Dining Area in Family Room, Eat in Kitchen
  • Kitchen: Pantry, Dishwasher, Cooktop, Garbage Disposal, Refrigerator, Microwave, 220 Volt Outlet, Hookups - Gas
  • Living Sq Ft: 3297
  • Stories: 2
  • Security: Fire System - Sprinkler
  • Bedrooms: Primary Suite / Retreat, Ground Floor Bedroom
  • Laundry: In Laundry Room, 220 Volt Outlet
  • Flooring: Tile, Carpet - Wall to Wall, Hardwood, Marble
  • Additional Rooms: Bonus / Hobby Room, Formal Entry
  • Maximum Bathrooms: 5
  • Maximum Numberof Bedrooms: 5
  • Minimum Bathrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Bathroom: Shower over Tub - 1, Tubs - 2+, Stall Shower - 2+, Tub in Primary Bedroom

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Pool - No
  • Roof: Shake
  • View: Local/Neighborhood
  • Yard/Grounds: Patio(s), Sprinkler(s) - Front, Sprinkler(s) - Rear, Sprinklers - Auto, Fenced
  • Exterior: Stucco

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Double Pane Windows(s)

Schools

  • School District: Palo Alto Unified

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 003-19-024
  • List Price per Sq Ft: 1497.12
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8880.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 8880.00
  • Lot Size Area Min Search: 8880.00
  • Maximum Lot Size: 8880.00
  • Map Book: Thomas Bros

Green Features

  • Energy Features: Double Pane Windows, Skylight, Ceiling Fan(s)

Multi Family

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

MLS Schools

  • High School District Text: Palo Alto Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2018
Sold by
Satyavolu Ramakrishna and Rao Malini
Bought by
Satyavolu Ramakrishna Venkata and Rao Malini
Current Estimated Value
$7,278,761

Purchase Details

Listed on
Jun 19, 2014
Closed on
Jun 11, 2014
Sold by
655 Hale Llc
Bought by
Satyavolu Ramakrishna and Rao Malini
Seller's Agent
Judy Citron
Compass
Buyer's Agent
Shilpa Merchant
Coldwell Banker Realty
List Price
$4,936,000
Sold Price
$6,010,000
Premium/Discount to List
$1,074,000
21.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.74%
Original Mortgage
$1,000,000
Interest Rate
4.13%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Jun 7, 2012
Closed on
Jun 29, 2012
Sold by
Sedelmeyer Charles L and Sedelmeyer Barbara S
Bought by
655 Hale Llc
Seller's Agent
Paul McCarthy
Zane MacGregor and Company
Buyer's Agent
Judy Citron
Compass
List Price
$2,290,000
Sold Price
$2,400,000
Premium/Discount to List
$110,000
4.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
56.48%

Purchase Details

Closed on
Jan 4, 2005
Sold by
Sedelmeyer Charles L and Sedelmeyer Barbara S
Bought by
Sedelmeyer Charles L and Sedelmeyer Barbara S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
4.16%
Mortgage Type
Negative Amortization
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
Satyavolu Ramakrishna Venkata -- None Available
Satyavolu Ramakrishna $6,009,750 First American Title Company
655 Hale Llc $2,399,750 None Available
Sedelmeyer Charles L -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Satyavolu Ramakrishna Venkata $2,000,000
Closed Satyavolu Ramakrishna $1,000,000
Closed Satyavolu Ramakrishna $2,000,000
Previous Owner Sedelmeyer Charles L $963,000
Previous Owner Sedelmeyer Charles L $900,000
Previous Owner Sedelmeyer Charles R $605,000
Previous Owner Sedelmeryer Charles L $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2014 07/22/14 Sold $6,010,000 +21.8% $1,823 / Sq Ft
07/02/2014 07/02/14 Pending -- -- --
06/18/2014 06/18/14 For Sale $4,936,000 +105.7% $1,497 / Sq Ft
07/02/2012 07/02/12 Sold $2,400,000 +4.8% $1,348 / Sq Ft
06/19/2012 06/19/12 Pending -- -- --
06/07/2012 06/07/12 For Sale $2,290,000 -- $1,287 / 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 $84,095 $7,223,114 $5,660,713 $1,562,401
2024 $84,095 $7,081,485 $5,549,719 $1,531,766
2023 $82,866 $6,942,633 $5,440,901 $1,501,732
2022 $81,924 $6,806,504 $5,334,217 $1,472,287
2021 $80,312 $6,673,044 $5,229,625 $1,443,419
2020 $78,621 $6,604,621 $5,176,002 $1,428,619
2019 $77,763 $6,475,119 $5,074,512 $1,400,607
2018 $75,588 $6,348,157 $4,975,012 $1,373,145
2017 $74,264 $6,223,684 $4,877,463 $1,346,221
2016 $72,329 $6,101,652 $4,781,827 $1,319,825
2015 $71,639 $6,010,000 $4,710,000 $1,300,000
2014 $33,989 $2,809,474 $2,403,864 $405,610
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    Judy Citron

    Compass

    Section Image

  • S

    Buyer's Agent in 2014

    Shilpa Merchant

    Coldwell Banker Realty

    Section Image

  • P

    Seller's Agent in 2012

    Paul McCarthy

    Zane MacGregor and Company

See All Agents

Map

Source: MLSListings

MLS Number: ML81421888

MLSListings

APN: 003-19-024

California Santa Clara County Palo Alto 94301 Crescent Park

655 Hale St, Palo Alto, CA

This home is located at 655 Hale St, Palo Alto, CA 94301 since 19 June 2014 and is currently estimated at $7,278,761, approximately $2,207 per square foot. This property was built in 1931. 655 Hale St is a home located in Santa Clara County with nearby schools including Addison Elementary School, Frank S. Greene Jr. Middle, and Palo Alto High School.

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