NOT LISTED FOR SALE

Estimated Value: $3,810,000 - $4,372,000

3 Beds
2 Baths
2,114 Sq Ft
$1,949/Sq Ft Est. Value

Last Sold October 24, 2023

Last sale price $3,600,000 $1,703 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $25,555/month

11 Days on Market

Highlights

  • Living Room with Fireplace
  • Vaulted Ceiling
  • Wood Flooring
  • Walter Hays Elementary Rated A+
  • Traditional Architecture
  • Main Floor Bedroom

About This Home

As of October 2023

Indulge in the exquisite charm of this 3 bd, 2 ba Stedman-designed residence nestled in the heart of Professorville. Inspired by the allure of a Carmel cottage, this corner-lot dwelling is a block from the Lucie Stern Community Center & moments from the vibrancy of University Ave. As you enter through the wrought iron pedestrian gate, you'll be welcomed by a private brick courtyard adorned with lush gardens & mature perimeter landscaping. Spacious living room & formal dining room. Remodeled kitchen with white shaker & glass-front cabinetry, soapstone counters & stainless appliances. Expansive family room, with its vaulted ceiling & French doors, beckons you to the sunny gardens & patio. A main level bedroom with walk-in closet, separate office nook & laundry room complete the first level. Upstairs primary bedroom with wrap-around balcony, a secondary bedroom & updated bath. Top P.A. schools: Walter Hays, Greene & PALY. Convenient to Stanford, tech campuses & Caltrain. Newer foundation.

Last Agent to Sell the Property

Billy McNair

Coldwell Banker Realty License #01343603 Listed on: 10/05/2023

Coldwell Banker Realty

Last Buyer's Agent

M.D. Jaco

Investment Capital Partners License #00783062

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $43,294

Year Built

  • Built in 1935

Lot Details

  • 5,963 Sq Ft Lot
  • Fenced
  • Level Lot
  • Zoning described as R1

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,114 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Formal Entry
  • Separate Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Den
  • Utility Room
  • Neighborhood Views
  • Unfinished Basement

Kitchen

  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Remodeled Bathroom
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Marble Bathroom Countertops
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Shed

Utilities

  • Forced Air Heating System

Community Details

  • Courtyard

Listing and Financial Details

  • Assessor Parcel Number 120-08-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$43,294

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Style: Traditional
  • Age: 88
  • Listing Class: Residential
  • Structure Sq Ft: 2114
  • Incorporated: Yes
  • Year Built: 1935
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room
  • Dining Room: Formal Dining Room
  • Kitchen: Countertop - Stone, Dishwasher, Garbage Disposal, Microwave, Oven Range - Built-In, Gas, Pantry, Refrigerator
  • Living Sq Ft: 2114
  • Stories: 2
  • Bedrooms: Ground Floor Bedroom, Walk-in Closet
  • Laundry: Dryer, In Utility Room, Inside, Washer
  • Flooring: Hardwood, Tile
  • Additional Rooms: Basement - Unfinished, Den / Study / Office, Formal Entry, Laundry Room, Utility Room
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Full on Ground Floor, Marble, Shower over Tub - 1, Stall Shower, Tile, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Tile
  • View: Neighborhood
  • Yard/Grounds: Balcony / Patio, Courtyard, Fenced, Storage Shed / Structure

Garage/Parking

  • Garage Parking Features: On Street

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Vaulted Ceiling, Walk-in Closet

Schools

  • School District: Palo Alto Unified
  • Elementary School: Walter Hays Elementary
  • Middle School: Frank S. Greene Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 315
  • Middle School: 329

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 120-08-007
  • Lot Acres: 0.1369
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5962.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5962.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Walter Hays Elementary
  • High School Text: Palo Alto High
  • Middle School Text: Frank S. Greene Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2023
Closed on
Oct 19, 2023
Sold by
Shaw Trust
Bought by
Li Wu and Zhang Lixue
Seller's Agent
Billy McNair
Coldwell Banker Realty
Buyer's Agent
M.D. Jaco
Investment Capital Partners
List Price
$3,595,000
Sold Price
$3,600,000
Premium/Discount to List
$5,000
0.14%
Views
29
Current Estimated Value
$4,119,249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$519,249
Avg. Annual Appreciation
7.63%
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
Li Wu $3,600,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner The Shaw Trust $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2023 10/24/23 Sold $3,600,000 +0.1% $1,703 / Sq Ft
10/17/2023 10/17/23 Pending -- -- --
10/05/2023 10/05/23 For Sale $3,595,000 -- $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 $43,294 $3,672,000 $3,417,000 $255,000
2024 $43,294 $3,600,000 $3,350,000 $250,000
2023 $2,308 $117,862 $44,830 $73,032
2022 $2,270 $115,551 $43,951 $71,600
2021 $2,223 $113,287 $43,090 $70,197
2020 $2,194 $112,127 $42,649 $69,478
2019 $2,162 $109,929 $41,813 $68,116
2018 $2,122 $107,775 $40,994 $66,781
2017 $2,082 $105,663 $40,191 $65,472
2016 $2,020 $103,592 $39,403 $64,189
2015 $1,234 $102,037 $38,812 $63,225
2014 $1,215 $100,039 $38,052 $61,987
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81944114

MLSListings

APN: 120-08-007