NOT LISTED FOR SALE

701 Tolman Dr Stanford, CA 94305

Estimated Value: $2,923,000 - $3,591,000

4 Beds
3 Baths
2,597 Sq Ft
$1,290/Sq Ft Est. Value

Last Sold April 21, 2016

Last sale price $2,550,000 $982 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $20,303/month

6 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • 2 Fireplaces
  • Lucille M. Nixon Elementary School Rated A+
  • Attic
  • 3-minute walk to Kite Hill

About This Home

As of April 2016

STANFORD ELIGIBLE & APPROVED FACULTY ONLY. Beautiful tranquil home framed by mature trees on a picturesque lot. Large integrated deck runs full length of back is great for entertaining, relaxing & playing. Attractive landscaping surrounds the house from beautiful paved driveway and sidewalks to the rear lush yard. Quiet cul-de-sac location. Open floor plan is great for entertaining. 4 bedrooms & 3 full bathrooms. Family room includes a lovely brick fireplace with gas starter. Sun-filled living room looks out to lovely greenery. Lower level garden apartment includes a separate entrance, 1 bedroom & 1 bath, full kitchen, as well as 2 separate common areas, an abundance of attractive cabinetry & opens to a beautiful yard. Two-car attached garage is sheet rocked with a nice floor. Other amenities include beautiful hardwood floors, new carpeting, cedar floors in closets. Walk to "The Dish" and California Avenue shopping & restaurants. Prestigious Palo Alto schools (buyer to verify).

Last Agent to Sell the Property

Jane Volpe

Midtown Realty License #01330133 Listed on: 03/10/2016

Last Buyer's Agent

Avi Urban

Keller Williams Palo Alto License #01485729

Keller Williams Palo Alto

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1970

Lot Details

  • 10,106 Sq Ft Lot
  • Gentle Sloping Lot
  • Sprinklers on Timer
  • Mostly Level
  • Back Yard Fenced
  • Zoning described as R1S

Parking

  • 2 Car Attached Garage
  • On-Street Parking

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,597 Sq Ft Home
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Dining Area
  • Washer and Dryer
  • Attic
  • Finished Basement

Kitchen

  • Open to Family Room
  • Built-In Self-Cleaning Oven
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Additional Features

  • Deck
  • Forced Air Heating System

Community Details

  • Built by Leland Stanford Jr. University

Listing and Financial Details

  • Assessor Parcel Number 142-21-042

Home Details

Home Type

Single Family

Year Built

Built in 1970

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 2597
  • Complex Name: Leland Stanford Jr. University
  • Year Built: 1970
  • Zoning Description: R1S
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Starter, Wood Burning
  • Dining Room: Dining Area
  • Kitchen: Cooktop - Electric, Countertop - Tile, Dishwasher, Garbage Disposal, Microwave, Oven - Built-In, Oven - Electric, Oven - Self Cleaning, Pantry, Refrigerator
  • Living Sq Ft: 2597
  • Laundry: Hookup - Electric, Washer / Dryer
  • Flooring: Carpet, Hardwood, Laminate
  • Additional Rooms: Attic, Basement - Finished
  • Fireplaces Min: 2
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Bathroom: Shower and Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Composition
  • Yard/Grounds: Back Yard, Deck, Fenced, Sprinklers - Auto, Sprinklers - Lawn
  • Fencing: Fenced Back, Wood

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage, On Street

Utilities

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

Lot Info

  • Lot Description: Grade - Gently Sloped, Grade - Mostly Level
  • Parcel Number: 142-21-042
  • Lot Acres: 0.2320
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10125.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 10125.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/21/2016 04/21/16 Sold $2,550,000 +2.0% $982 / Sq Ft
03/17/2016 03/17/16 Pending -- -- --
03/10/2016 03/10/16 For Sale $2,499,000 -- $962 / 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 $35,570 $3,018,677 $1,775,693 $1,242,984
2024 $35,570 $2,959,488 $1,740,876 $1,218,612
2023 $35,034 $2,901,460 $1,706,742 $1,194,718
2022 $34,629 $2,844,570 $1,673,277 $1,171,293
2021 $33,916 $2,788,795 $1,640,468 $1,148,327
2020 $33,202 $2,760,201 $1,623,648 $1,136,553
2019 $32,809 $2,706,080 $1,591,812 $1,114,268
2018 $31,891 $2,653,020 $1,560,600 $1,092,420
2017 $31,313 $2,601,000 $1,530,000 $1,071,000
2016 $2,549 $147,114 $39,403 $107,711
2015 $2,514 $144,906 $38,812 $106,094
2014 $2,366 $142,068 $38,052 $104,016
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81564634

MLSListings

APN: 142-21-042