NOT LISTED FOR SALE

Estimated Value: $7,357,169 - $7,863,000

3 Beds
2.5 Baths
3,431 Sq Ft
$2,245/Sq Ft Est. Value

Last Sold March 10, 2022

Last sale price $7,550,000 $2,201 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $48,114/month

131 Days on Market

Highlights

  • Primary Bedroom Suite
  • Family Room with Fireplace
  • Marble Flooring
  • Walter Hays Elementary Rated A+
  • Vaulted Ceiling
  • Marble Bathroom Countertops

About This Home

As of March 2022

A rare opportunity to own in one of the most coveted Old Palo Alto locations in a home that personifies the quintessential charm of Old Palo Alto.Rebuilt & re-designed in 2002/13 by CAW Architects,Margaret Wimmer Design & Scott Plemons Construction creating pure craftmanship that must be seen to appreciate.Your private compound includes stunning English gardens with a surprise around each corner - enjoy entertaining in an intimate setting or for your start-up launch party - this home does not disappoint.Marvel in the stunning living room with cathedral ceilings & large Rumford fireplace that sets the tone as you overlook the gardens through the large picture window or enjoy the private patio through the french doors that soak in the natural light.Rebuilt from the ground up with new foundation throughout,updated electrical,plumbing,mechanical,steel beams,windows,stucco, & so much more - your home is fully automated through a Control 4 system & Somfy automated shade systems for windows

Last Agent to Sell the Property

nicholas french

Christie's International Real Estate Sereno License #01350085 Listed on: 09/09/2021

Christie's International Real Estate Sereno

Last Buyer's Agent

Xin Jiang

Compass License #01961451

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $93,179

Year Built

  • 2002

Lot Details

  • 9,056 Sq Ft Lot
  • Security Fence
  • Sprinklers on Timer
  • Back Yard

Parking

  • 1 Car Detached Garage

Home Design

  • Slate Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,431 Sq Ft Home
  • 2-Story Property
  • Entertainment System
  • Vaulted Ceiling
  • Gas Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Neighborhood Views
  • Monitored
  • Unfinished Basement

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Range Hood
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • Bathroom on Main Level
  • Marble Bathroom Countertops
  • Stone Countertops In Bathroom
  • Granite Bathroom Countertops
  • Dual Sinks
  • Steam Shower
  • Walk-in Shower

Laundry

  • Laundry on upper level
  • Washer and Dryer

Outdoor Features

  • Balcony
  • Fire Pit
  • Barbecue Area

Utilities

  • Forced Air Zoned Cooling and Heating System

Home Details

Home Type

Single Family

Est. Annual Taxes

$93,179

Year Built

2002

Lot Details

0

Parking

1

Listing Details

  • Zoning: R1929
  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 3431
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2002

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Gas Burning, Living Room
  • Dining Room: Breakfast Bar, Dining Area In Living Room
  • Kitchen: Countertop - Granite, Dishwasher, Garbage Disposal, Hood Over Range, Island, Microwave, Oven Range - Gas, Refrigerator, Wine Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 3431
  • Stories: 2
  • Security: Security Alarm, Security Fence, Video / Audio System
  • Bedrooms: Primary Suite / Retreat, Walk-In Closet
  • Laundry: Inside, Upper Floor, Washer / Dryer
  • Flooring: Hardwood, Marble
  • Additional Rooms: Basement - Unfinished
  • Fireplaces Min: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Full On Ground Floor, Granite, Half On Ground Floor, Marble, Oversized Tub, Stall Shower - 2+, Steam Shower, Stone, Updated Bath

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Slate
  • View: Neighborhood
  • Yard/Grounds: Back Yard, Balcony / Patio, Bbq Area, Fenced, Fire Pit, Sprinklers - Auto

Garage/Parking

  • Garage Spaces: 1
  • Garage Parking Features: Detached Garage

Utilities

  • Cooling System: Central Ac, Multi-Zone
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Vaulted Ceiling, Video / Audio System, Walk-In Closet

Schools

  • High School: 327

Lot Info

  • Lot Acres: 0.2079
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9054.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9054.00

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2021
Closed on
Feb 28, 2022
Sold by
Shealy Trust
Bought by
Xin Miao
Seller's Agent
nicholas french
Christie's International Real Estate Sereno
Buyer's Agent
Xin Jiang
Compass
List Price
$8,350,000
Sold Price
$7,550,000
Premium/Discount to List
-$800,000
-9.58%
Current Estimated Value
$7,708,703

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,703
Avg. Annual Appreciation
0.55%

Purchase Details

Closed on
May 25, 2000
Sold by
Shealy Michael D and Shealy Carol L
Bought by
Shealy Michael D and Shealy Carol L

Purchase Details

Closed on
Aug 6, 1997
Sold by
Hoss Peter T
Bought by
Shealy Michael D and Shealy Carol L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$858,750
Interest Rate
7.57%

Purchase Details

Closed on
Dec 20, 1996
Sold by
Hoss Della T and Hoss Peter T
Bought by
Hoss Della T and Hoss Peter T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
7.67%
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
Xin Miao $7,550,000 First American Title
Shealy Michael D -- --
Shealy Michael D $1,145,000 First American Title Guarant
Hoss Della T -- First American Title Co
Hoss Peter T -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shealy Michael D $858,750
Previous Owner Hoss Della T $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2022 03/10/22 Sold $7,550,000 -9.6% $2,201 / Sq Ft
01/19/2022 01/19/22 Pending -- -- --
09/09/2021 09/09/21 For Sale $8,350,000 -- $2,434 / 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 $93,179 $8,012,119 $7,269,274 $742,845
2024 $93,179 $7,855,020 $7,126,740 $728,280
2023 $91,834 $7,701,000 $6,987,000 $714,000
2022 $22,186 $1,788,480 $1,203,734 $584,746
2021 $21,747 $1,753,413 $1,180,132 $573,281
2020 $21,303 $1,735,435 $1,168,032 $567,403
2019 $21,065 $1,701,408 $1,145,130 $556,278
2018 $20,491 $1,668,048 $1,122,677 $545,371
2017 $20,130 $1,635,342 $1,100,664 $534,678
2016 $19,599 $1,603,278 $1,079,083 $524,195
2015 $19,406 $1,579,197 $1,062,875 $516,322
2014 $18,986 $1,548,263 $1,042,055 $506,208
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81861923

MLSListings

APN: 124-10-035