NOT LISTED FOR SALE

711 Addison Ave Palo Alto, CA 94301

Community Center Neighborhood

Estimated Value: $5,055,000 - $6,027,000

4 Beds
4.5 Baths
2,600 Sq Ft
$2,150/Sq Ft Est. Value

Last Sold June 01, 2021

Last sale price $4,800,000 $1,846 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $35,256/month

70 Days on Market

Highlights

  • Jetted Soaking Tub in Primary Bathroom
  • English Architecture
  • Neighborhood Views
  • Walter Hays Elementary Rated A+
  • Wood Flooring
  • Entertainment System

About This Home

As of June 2021

We are pleased to represent the seller in the marketing of this recently renovated property, located within the Community Center area of Palo Alto and just a few short blocks from the vibrant downtown on University Avenue. While maintaining perfect harmony with the street and neighborhood, the exterior of the home reflects a modern adaptation of European architecture. The interior of the property has been transformed into a modern open floor plan with transitional finishes and a cool color palate. No sign at property.

Last Agent to Sell the Property

Rick Bell

Compass License #01051633 Listed on: 02/10/2021

Compass

Last Buyer's Agent

Rick Bell

Compass License #01051633 Listed on: 02/10/2021

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $60,754

Year Built

  • 1912

Lot Details

  • 5,550 Sq Ft Lot

Parking

  • 2 Car Garage
  • Electric Gate

Home Design

  • English Architecture
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,600 Sq Ft Home
  • 2-Story Property
  • Entertainment System
  • Gas Fireplace
  • Separate Family Room
  • Living Room with Fireplace
  • Dining Area
  • Wood Flooring
  • Neighborhood Views

Kitchen

  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level
  • Dual Sinks
  • Jetted Soaking Tub in Primary Bathroom
  • Oversized Bathtub in Primary Bathroom
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Gas Dryer Hookup

Home Security

  • Security Gate
  • Alarm System

Utilities

  • Forced Air Heating and Cooling System
  • Wood Insert Heater
  • Separate Meters
  • Individual Gas Meter

Home Details

Home Type

Single Family

Est. Annual Taxes

$60,754

Year Built

1912

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Style: English
  • Age: 109
  • Listing Class: Residential
  • Structure Sq Ft: 2600
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1912

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Burning, Insert, Living Room
  • Dining Room: Dining Area
  • Kitchen: Cooktop - Gas, Dishwasher, Hood Over Range, Island, Microwave, Pantry, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 2600
  • Stories: 2
  • Security: Security Alarm
  • Laundry: Electricity Hookup (220V), Gas Hookup, Inside
  • Flooring: Hardwood
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Full On Ground Floor, Half On Ground Floor, Primary - Oversized Tub, Primary - Stall Shower(s), Primary - Tub With Jets

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • View: Neighborhood

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Electric Gate, Parking Area

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Security Gate, Video / Audio System

Schools

  • School District: Palo Alto Unified

Lot Info

  • Lot Acres: 0.1274
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5550.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5550.00

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2021
Closed on
Jun 7, 2021
Sold by
Xu Yi and Li Miao
Bought by
Li Miao and Xu Yi
Seller's Agent
Rick Bell
Compass
Buyer's Agent
Rick Bell
Compass
List Price
$5,200,000
Sold Price
$4,800,000
Premium/Discount to List
-$400,000
-7.69%
Current Estimated Value
$5,689,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$889,289
Avg. Annual Appreciation
4.22%
Original Mortgage
$3,360,000
Outstanding Balance
$3,072,820
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$2,638,817

Purchase Details

Listed on
Feb 10, 2021
Closed on
May 21, 2021
Sold by
Flanders Scott N and Flanders Linda A
Bought by
Xu Yi and Li Miao
Seller's Agent
Rick Bell
Compass
Buyer's Agent
Rick Bell
Compass
List Price
$5,200,000
Sold Price
$4,800,000
Premium/Discount to List
-$400,000
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,360,000
Outstanding Balance
$3,072,820
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$2,638,817

Purchase Details

Listed on
Jun 12, 2019
Closed on
Oct 28, 2019
Sold by
Hashemian Michael M and Hashemian Mary F
Bought by
Flanders Scott N and Flanders Linda A
Seller's Agent
Showkat Fallhai
Corcoran Icon Properties
Buyer's Agent
Rick Bell
Compass
List Price
$4,998,000
Sold Price
$4,500,000
Premium/Discount to List
-$498,000
-9.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.14%
Original Mortgage
$3,000,000
Interest Rate
2.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 17, 2016
Closed on
Oct 10, 2016
Sold by
Horning Jane E
Bought by
Hashemian Michael M and Hashemian Mary F
Seller's Agent
Terry Rice
Compass
Buyer's Agent
Sean Ohadi
Golden State Realty
List Price
$2,699,000
Sold Price
$2,530,000
Premium/Discount to List
-$169,000
-6.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.93%

Purchase Details

Closed on
Aug 26, 1997
Sold by
Lusignan Bruce B and Lusignan Eleanor C
Bought by
Horning James J and Horning Jane E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
7.43%
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
Li Miao -- None Available
Xu Yi $4,800,000 Fidelity National Title Co
Flanders Scott N $4,500,000 Lawyers Title Company
Hashemian Michael M $2,530,000 Chicago Title Company
Horning James J $879,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Xu Yi $3,360,000
Previous Owner Flanders Scott N $3,000,000
Previous Owner Horning Jane E $425,000
Previous Owner Horning James J $417,000
Previous Owner Horning James J $476,000
Previous Owner Horning James J $640,000
Previous Owner Horning James J $66,500
Previous Owner Horning James J $650,000
Previous Owner Horning James J $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2021 06/01/21 Sold $4,800,000 -7.7% $1,846 / Sq Ft
04/22/2021 04/22/21 Pending -- -- --
02/10/2021 02/10/21 For Sale $5,200,000 +15.6% $2,000 / Sq Ft
10/31/2019 10/31/19 Sold $4,500,000 -6.2% $1,731 / Sq Ft
09/20/2019 09/20/19 Pending -- -- --
08/20/2019 08/20/19 Price Changed $4,798,000 -4.0% $1,845 / Sq Ft
06/12/2019 06/12/19 For Sale $4,998,000 +97.5% $1,922 / Sq Ft
10/19/2016 10/19/16 Sold $2,530,000 -6.3% $1,033 / Sq Ft
09/29/2016 09/29/16 Pending -- -- --
09/17/2016 09/17/16 For Sale $2,699,000 -- $1,102 / 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 $60,754 $5,195,672 $4,167,363 $1,028,309
2024 $60,754 $5,093,797 $4,085,650 $1,008,147
2023 $59,873 $4,993,920 $4,005,540 $988,380
2022 $59,189 $4,896,000 $3,927,000 $969,000
2021 $55,090 $4,546,620 $3,738,332 $808,288
2020 $53,937 $4,500,000 $3,700,000 $800,000
2019 $32,211 $2,632,212 $2,444,940 $187,272
2018 $31,324 $2,580,600 $2,397,000 $183,600
2017 $30,776 $2,530,000 $2,350,000 $180,000
2016 $14,708 $1,185,635 $915,871 $269,764
2015 $14,560 $1,167,826 $902,114 $265,712
2014 $14,219 $1,144,951 $884,443 $260,508
Source: Public Records

Agents Affiliated with this Home

  • Rick Bell

    Seller's Agent in 2021

    Rick Bell

    Compass

    (408) 829-4853

    1 in this area

    40 Total Sales

    Section Image
  • Showkat Fallhai

    Seller's Agent in 2019

    Showkat Fallhai

    Corcoran Icon Properties

    (650) 578-0200

    6 Total Sales

    Section Image

  • T

    Seller's Agent in 2016

    Terry Rice

    Compass

    (650) 207-4142

    6 Total Sales

    Section Image

  • S

    Buyer's Agent in 2016

    Sean Ohadi

    Golden State Realty

    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81829181

MLSListings

APN: 003-33-007

California Santa Clara County Palo Alto 94301 Community Center

711 Addison Ave, Palo Alto, CA

This home is located at 711 Addison Ave, Palo Alto, CA 94301 since 10 February 2021 and is currently estimated at $5,590,127, approximately $2,150 per square foot. This property was built in 1912. 711 Addison 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLSListings Property Information © 2025 MLSListings Inc. All rights reserved. Listing information is deemed reliable but not guaranteed. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSListings Inc. The viewer acknowledges ownership and validity of its copyright. Information provided is for personal, non-commercial use by a viewer with a bona fide interest in the purchase or sale of real estate of the type being offered via this website or other electronic means. The viewer is prohibited from copying, redistributing or retransmitting any of the data or information provided by MLSListing, Inc.

Nearby Homes