NOT LISTED FOR SALE

Estimated Value: $4,829,000 - $6,670,000

4 Beds
3 Baths
3,303 Sq Ft
$1,621/Sq Ft Est. Value

Highlights

  • Family Room with Fireplace
  • Wood Flooring
  • Open to Family Room
  • Walter Hays Elementary Rated A+
  • Formal Dining Room
  • 1 Car Attached Garage

About This Home

As of September 2023

Sought after Professorville location! This freshly remodeled contemporary home offers a wonderful floor plan with 3 upstairs bedrooms, 1 main level bedroom, and an inviting informal living area comprised of a spacious kitchen and a comfortable family room. The family /dining room includes a fireplace & raised hearth flanked by convenient custom shelving.

Last Agent to Rent the Property

Kevin Barranti

Parc Agency Corporation License #02019329 Listed on: 08/03/2023

Parc Agency Corporation

Co-Listed By

Keri Nicholas

Parc Agency Corporation License #01198898

Last Renter's Agent

Kevin Barranti

Parc Agency Corporation License #02019329 Listed on: 08/03/2023

Parc Agency Corporation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,699

Year Built

  • 1990

Lot Details

  • 5,737 Sq Ft Lot
  • Back Yard

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 3,303 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Washer and Dryer

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Electric Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Security Deposit $14,500
  • Property Available on 8/21/23
  • Rent includes gardener
  • 12-Month Minimum Lease Term

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,699

Year Built

1990

Lot Details

0

Parking

1

Rental Info

  • Available: 08/21/2023
  • Lease Terms: Deposit Required
  • Minimum Lease Months: 12
  • Rent Includes: Gardener
  • Security Deposit: 14500

Listing Details

  • Subclass: House For Rent
  • Age: 33
  • Listing Class: Residential Lease/Rental
  • Structure Sq Ft: 3303
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1990

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Family Room, Gas Starter, Living Room
  • Dining Room: Breakfast Bar, Dining Area, Formal Dining Room
  • Kitchen: Cooktop - Gas, Dishwasher, Microwave, Oven - Electric, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 3303
  • Stories: 2
  • Laundry: Washer / Dryer
  • Flooring: Hardwood, Tile, Vinyl / Linoleum
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bedrooms: 4

Exterior Features

  • Yard/Grounds: Back Yard

Garage/Parking

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

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Central Forced Air

Schools

  • School District: Palo Alto Unified

Lot Info

  • Lot Acres: 0.1317
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5736.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5736.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 3, 2024
Sold by
Romita Mahajan Revocable Trust and Mahajan Romita
Bought by
Tien Jonathan Chang and Mikkilineni Lekha
Current Estimated Value
$5,354,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,700,000
Outstanding Balance
$3,659,398
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$1,697,366

Purchase Details

Closed on
Nov 5, 2021
Sold by
Mahajan Romita and The Romita Mahajan Revocable T
Bought by
Mahajan Romita and The Romita Mahajan Revocable T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,450,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2012
Sold by
Murphy Romita Mahajan
Bought by
Murphy Romita Mahajan

Purchase Details

Closed on
Mar 25, 2011
Sold by
Aikins Janice S
Bought by
Murphy Bradley and Mahajan Romita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,350,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 2007
Sold by
Aikins Janice S and Hackman Roger H
Bought by
Aikins Janice S

Purchase Details

Closed on
Feb 22, 1999
Sold by
Aikins Janice S
Bought by
Aikins Janice Sue
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Tien Jonathan Chang $4,915,000 Lawyers Title
Mahajan Romita -- Lawyers Title Company
Murphy Romita Mahajan -- None Available
Murphy Romita Mahajan -- None Available
Murphy Bradley $1,949,750 Old Republic Title Company
Aikins Janice S -- None Available
Aikins Janice S -- None Available
Aikins Janice Sue -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tien Jonathan Chang $3,700,000
Previous Owner Mahajan Romita $2,450,000
Previous Owner Mahajan Romita $500,000
Previous Owner Murphy Romita Mahajan $2,213,700
Previous Owner Murphy Romita Mahajan $2,737,500
Previous Owner Murphy Romita Mahajan $1,851,108
Previous Owner Mahajan Romita $500,000
Previous Owner Mahajan Romita $1,402,400
Previous Owner Murphy Romita Mahajan $75,000
Previous Owner Murphy Bradley $1,350,000
Previous Owner Aikins Janice S $250,000
Previous Owner Aikins Janice Sue $460,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2023 09/11/23 Rented $12,000 -7.0% --
09/11/2023 09/11/23 Under Contract -- -- --
08/21/2023 08/21/23 Price Changed $12,900 -11.0% $4 / Sq Ft
08/03/2023 08/03/23 For Rent $14,500 -- --
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 $29,699 $4,915,000 $4,200,000 $715,000
2024 $29,699 $2,449,298 $1,617,796 $831,502
2023 $29,261 $2,401,274 $1,586,075 $815,199
2022 $28,921 $2,354,191 $1,554,976 $799,215
2021 $28,350 $2,308,032 $1,524,487 $783,545
2020 $27,764 $2,284,367 $1,508,856 $775,511
2019 $27,457 $2,239,576 $1,479,271 $760,305
2018 $26,702 $2,195,664 $1,450,266 $745,398
2017 $26,232 $2,152,613 $1,421,830 $730,783
2016 $25,544 $2,110,405 $1,393,951 $716,454
2015 $25,294 $2,078,706 $1,373,013 $705,693
2014 $24,780 $2,037,988 $1,346,118 $691,870
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81937069

MLSListings

APN: 120-07-063