NOT LISTED FOR SALE

Estimated Value: $2,496,708

0.18 Acres
$13,569,065 Price per Acre
8,015 Sq Ft Lot

Sale Details

Date Sold: April 18, 2017

Last sale price $1,898,000

Est. 32% increase in value since last sale

Current estimated payment $13,859 / mo

11 Days on Market

About This Lot

As of April 2017

Lot 3 of a new 3-lot subdivision. This 8,006 square foot lot has a 64.5 SF frontage at the street. Zoned single family residential "R1". FAR is 3,151 sf. plus basement. Property not in flood zone. Could build a two story house with basement of 4,326 SF and a 2 car garage, buyer to verify with the city of Palo Alto. Seller owns Church site at 701 E. Meadow Drive and has approved plans to relocate existing church parking lot with new parking lot and new entrance plus new landscaping per plans in disclosure package. Church will complete parking lot and landscaping improvements within 6 months.

Last Agent to Sell the Property

John Forsyth James

Compass License #01138400 Listed on: 02/23/2017

Compass

Last Buyer's Agent

John Forsyth James

Compass License #01138400 Listed on: 02/23/2017

Compass
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

Property Details

Property Type

  • Land

Lot Details

  • 8,015 Sq Ft Lot
  • Level Lot

Utilities

  • Electricity Not Available
  • Sewer Within 50 Feet

Property Details

Property Type

Land

Lot Details

8,015 Sq Ft Lot

Listing Details

  • Zoning: R1B8
  • Subclass: Residential Lot
  • Listing Class: Residential Lots & Land
  • Present Use: Church
  • Development Status: Final Map Approved, Map Recorded, Minor Subdivision (2-4 Parcels), Raw Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: Surveyed

Utilities

  • Sewer/Septic System: Sewer In Street

Schools

  • High School: 325

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1840
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8006.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8006.00
  • Parcel Access: City Street

Multi Family

  • Utilities: Electricity - Not On Site

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2017
Closed on
Apr 12, 2017
Sold by
Bought by
Seller's Agent
John Forsyth James
Compass
Buyer's Agent
John Forsyth James
Compass
List Price
$1,898,000
Sold Price
$1,898,000
Current Estimated Value
$2,496,708

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$598,708
Avg. Annual Appreciation
2.99%
Original Mortgage
$2,515,000
Interest Rate
4.1%
Mortgage Type
Construction

Purchase Details

Listed on
Feb 23, 2017
Closed on
Mar 13, 2017
Sold by
Bought by
Seller's Agent
John Forsyth James
Compass
Buyer's Agent
John Forsyth James
Compass
List Price
$1,898,000
Sold Price
$1,898,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,515,000
Interest Rate
4.1%
Mortgage Type
Construction
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Palo Verde, CA

See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,898,000 Old Republic Title Company
$2,100,000 Old Republic Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $2,515,000
Previous Owner $400,000
Previous Owner $150,000
Previous Owner $515,000
Previous Owner $985,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/18/2017 04/18/17 Sold $1,898,000 -9.6% --
03/24/2017 03/24/17 Sold $2,100,000 +6.7% -- View Prior Sale
03/21/2017 03/21/17 Sold $1,968,030 +3.7% -- View Prior Sale
03/07/2017 03/07/17 Pending -- -- --
03/03/2017 03/03/17 Pending -- -- --
03/03/2017 03/03/17 Pending -- -- --
02/23/2017 02/23/17 For Sale $1,898,000 -5.0% --
02/23/2017 02/23/17 For Sale $1,998,000 -6.5% --
02/23/2017 02/23/17 For Sale $2,138,000 -- --
Source: MLSListings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $1,630 $639,606 $143,046 $496,560
2025 $1,575 $627,066 $140,242 $486,824
2024 $1,575 $614,772 $137,493 $477,279
2023 $1,569 $602,719 $134,798 $467,921
2022 $1,541 $590,902 $132,155 $458,747
2021 $8,372 $579,316 $129,564 $449,752
2020 $3,159 $573,377 $128,236 $445,141
2019 $4,097 $562,135 $125,722 $436,413
2018 $4,081 $551,113 $123,257 $427,856
2017 $4,013 $540,308 $120,841 $419,467
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81639876

MLSListings

APN: 127-20-261

Your Personal Tour Guide

Ask me questions while you tour the home.