NOT LISTED FOR SALE

703 N California Ave Palo Alto, CA 94303

Old Palo Alto Neighborhood

Estimated Value: $4,329,000 - $5,125,000

6 Beds
4 Baths
2,773 Sq Ft
$1,725/Sq Ft Est. Value

Last Sold September 20, 2023

Last sale price $3,980,000 $1,435 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $29,463/month

29 Days on Market

Highlights

  • High Ceiling
  • Granite Countertops
  • Open to Family Room
  • Walter Hays Elementary Rated A+
  • Balcony
  • 2 Car Attached Garage

About This Home

As of September 2023

Spacious two-story home in desirable North Palo Alto. Soaring ceiling upon entry with abundance of natural lights, this 6-bed 4-bath home is tastefully updated with a chef-inspired kitchen and bath with designer finishes. Two en-suites and an office upstairs feature high ceilings. Gather around in dining room, chat in front of the fireplace, or kickback to relax in family room off kitchen. Separate laundry room with washer and dryer. Step into the lovely enclosed yard, the patio is perfect for entertaining and enjoy playtime in grassy areas. A/C, Hardwood floor / engineered wood flooring. Freshly painted inside and outside, updated light fixtures and door hardware. Award-winning Palo Alto Schools. Steps to school and Midtown shopping center, close to downtown, and Stanford University. Love to wake up to natural lights? This North Cali home is right for you!

Last Agent to Sell the Property

Amy Sung

Compass License #01436684 Listed on: 08/03/2023

Compass

Last Buyer's Agent

Qiuxia Tang

SALA Homes Realty & Development License #02086113

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $47,756

Year Built

  • Built in 1951

Lot Details

  • 7,484 Sq Ft Lot
  • Wood Fence
  • Sprinkler System
  • Grass Covered Lot
  • Back Yard
  • Zoning described as R1

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof

Interior Spaces

  • 2,773 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Wood Burning Fireplace
  • Combination Dining and Living Room
  • Crawl Space

Kitchen

  • Open to Family Room
  • Gas Oven
  • Range Hood
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Additional Features

  • Balcony
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 003-59-030

Home Details

Home Type

Single Family

Est. Annual Taxes

$47,756

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 72
  • Listing Class: Residential
  • Structure Sq Ft: 2773
  • Year Built: 1951
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Wood Burning
  • Dining Room: Dining Area in Living Room
  • Kitchen: Countertop - Granite, Dishwasher, Hood Over Range, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 2773
  • Stories: 2
  • Laundry: Washer / Dryer
  • Additional Rooms: Laundry Room
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 6
  • Minimum Numberof Bedrooms: 6
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Fireplace: Yes

Exterior Features

  • Foundation: Crawl Space
  • Roof: Composition
  • Yard/Grounds: Back Yard, Balcony / Patio, Low Maintenance, Sprinklers - Lawn
  • Fencing: Wood

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Walk-in Closet

Schools

  • School District: Palo Alto Unified

Lot Info

  • Parcel Number: 003-59-030
  • Lot Acres: 0.1718
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7483.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7483.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2023
Closed on
Sep 14, 2023
Sold by
Hunt Daniel W and Hunt Alexandra S
Bought by
Huang Kaituo and Peng Yihsuan
Seller's Agent
Amy Sung
Compass
Buyer's Agent
Qiuxia Tang
SALA Homes Realty & Development
List Price
$4,488,000
Sold Price
$3,980,000
Premium/Discount to List
-$508,000
-11.32%
Views
182
Current Estimated Value
$4,782,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$802,917
Avg. Annual Appreciation
11.21%
Original Mortgage
$2,771,931
Outstanding Balance
$2,714,944
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$2,196,841

Purchase Details

Listed on
Feb 12, 2016
Closed on
Apr 22, 2016
Sold by
Cohen Ralph L and Million Susan Louise
Bought by
Hunt Daniel W and Gadzo Alexandra S
Seller's Agent
Charlene Chang
Compass
Buyer's Agent
Alexandra Gadzo
Sand Hill Realty & Development Inc
List Price
$3,900,000
Sold Price
$3,412,500
Premium/Discount to List
-$487,500
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.12%
Original Mortgage
$2,500,000
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 15, 2008
Sold by
Cohen Ralph L and Million Susan L
Bought by
Cohen Ralph L and Million Susan Louise

Purchase Details

Closed on
Feb 14, 1998
Sold by
Nizamian Harold A and Nizamian Kasie C
Bought by
Cohen Ralph L and Million Susan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
6.97%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 10, 1996
Sold by
Nizamian Harold A and Nizamian Kasie C
Bought by
Nizamian Harold A and Nizamian Kasie C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
7.62%

Purchase Details

Closed on
Feb 14, 1994
Sold by
Nizamian Harold A and Nizamian Kasie
Bought by
Nizamian Harold A and Nizamian Kasie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$547,500
Interest Rate
5.87%
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
Huang Kaituo $3,980,000 Old Republic Title
Hunt Daniel W $3,412,500 Chicago Title Company
Cohen Ralph L -- None Available
Cohen Ralph L -- Chicago Title Co
Nizamian Harold A -- Old Republic Title Company
Nizamian Harold A -- First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huang Kaituo $1,208,697
Open Huang Kaituo $2,771,931
Previous Owner Hunt Daniel W $2,500,000
Previous Owner Cohen Ralph L $553,000
Previous Owner Cohen Ralph L $200,000
Previous Owner Cohen Ralph L $530,000
Previous Owner Cohen Ralph L $150,000
Previous Owner Cohen Ralph L $84,000
Previous Owner Cohen Ralph L $230,000
Previous Owner Nizamian Harold A $135,000
Previous Owner Nizamian Harold A $540,000
Previous Owner Nizamian Harold A $547,500
Closed Cohen Ralph L $358,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2023 09/20/23 Sold $3,980,000 -11.3% $1,435 / Sq Ft
09/02/2023 09/02/23 Pending -- -- --
08/03/2023 08/03/23 For Sale $4,488,000 +31.5% $1,618 / Sq Ft
05/17/2016 05/17/16 Sold $3,412,500 -5.2% $1,231 / Sq Ft
03/31/2016 03/31/16 Pending -- -- --
03/23/2016 03/23/16 Price Changed $3,600,000 -5.0% $1,298 / Sq Ft
03/08/2016 03/08/16 Price Changed $3,790,000 -2.8% $1,367 / Sq Ft
02/12/2016 02/12/16 For Sale $3,900,000 -- $1,406 / 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 $47,756 $4,059,600 $3,468,000 $591,600
2024 $47,756 $3,980,000 $3,400,000 $580,000
2023 $46,831 $3,882,836 $3,242,810 $640,026
2022 $46,295 $3,806,703 $3,179,226 $627,477
2021 $45,385 $3,732,063 $3,116,889 $615,174
2020 $44,438 $3,693,797 $3,084,930 $608,867
2019 $43,951 $3,621,371 $3,024,442 $596,929
2018 $42,733 $3,550,365 $2,965,140 $585,225
2017 $41,984 $3,480,750 $2,907,000 $573,750
2016 $14,169 $1,133,030 $728,378 $404,652
2015 $14,027 $1,116,012 $717,438 $398,574
2014 $13,696 $1,094,152 $703,385 $390,767
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2023

    Amy Sung

    Compass

    Section Image

  • Q

    Buyer's Agent in 2023

    Qiuxia Tang

    SALA Homes Realty & Development

    (925) 860-9229

    1 in this area

    17 Total Sales

    Qiuxia Tang
    Section Image
  • Sunnie Li

    Buyer Co-Listing Agent in 2023

    Sunnie Li

    SALA Homes Realty & Development

    (650) 797-4808

    1 in this area

    83 Total Sales

    Sunnie Li
    Section Image

  • C

    Seller's Agent in 2016

    Charlene Chang

    Compass

  • Sandra Yie

    Seller Co-Listing Agent in 2016

    Sandra Yie

    Compass

    (650) 533-7943

    13 Total Sales

    Sandra Yie
    Section Image
  • Alexandra Gadzo

    Buyer's Agent in 2016

    Alexandra Gadzo

    Sand Hill Realty & Development Inc

    (650) 906-6416

    Alexandra Gadzo
    Section Image
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Map

Source: MLSListings

MLS Number: ML81937096

MLSListings

APN: 003-59-030

California Santa Clara County Palo Alto 94301 Old Palo Alto

703 N California Ave, Palo Alto, CA

This home is located at 703 N California Ave, Palo Alto, CA 94303 since 03 August 2023 and is currently estimated at $4,782,917, approximately $1,724 per square foot. This property was built in 1951. 703 N California Ave is a home located in Santa Clara County with nearby schools including Walter Hays Elementary, Frank S. Greene Jr. Middle, and Palo Alto High School.

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