NOT LISTED FOR SALE

Estimated Value: $3,409,000 - $4,498,000

3 Beds
1 Bath
1,414 Sq Ft
$2,851/Sq Ft Est. Value

Last Sold April 27, 2020

Last sale price $2,392,500 $1,692 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $25,484/month

13 Days on Market

Highlights

  • Forced Air Heating System
  • Combination Dining and Living Room
  • 1-Story Property
  • El Carmelo Elementary School Rated A+
  • Wood Burning Fireplace

About This Home

As of April 2020

Welcome home to the desirable Midtown Neighborhood! This bright and cheery 3 bedroom, 1 bath, 1414 sq foot home is located on a large 6,723 foot lot on a quiet street. This well-maintained home is move in ready or also a wonderful opportunity to expand into your dream home. Located in close proximity to Midtown Shopping, Cal Train, parks, restaurants and more. Great Palo Alto schools as well.

Last Agent to Sell the Property

Brent and Stacy Mardesich

RE/MAX Santa Clara Valley License #01895097 Listed on: 03/11/2020

RE/MAX Santa Clara Valley

Co-Listed By

Brent Mardesich

RE/MAX Santa Clara Valley License #01901623

Last Buyer's Agent

Heidi Tang

Bay East AOR License #01844255

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $42,180

Year Built

  • 1947

Lot Details

  • 6,721

Parking

  • 2 Car Garage

Home Design

  • Shingle Roof

Interior Spaces

  • 1,414 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Additional Features

  • 6,721 Sq Ft Lot
  • Forced Air Heating System

Home Details

Home Type

Single Family

Est. Annual Taxes

$42,180

Year Built

1947

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Age: 73
  • Listing Class: Residential
  • Structure Sq Ft: 1414
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1947

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room, Wood Burning
  • Dining Room: Dining Area In Living Room
  • Fireplace: Yes
  • Living Sq Ft: 1414
  • Stories: 1
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Shingle

Garage/Parking

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

Utilities

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

Schools

  • School District: Palo Alto Unified

Lot Info

  • Lot Acres: 0.1543
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6723.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6723.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2020
Closed on
Apr 21, 2020
Sold by
Messer Marilyn and Marilyn Messer 2007 Inter Vivo
Bought by
Ko Lu An and Yang Yin Ju
Seller's Agent
Brent and Stacy Mardesich
RE/MAX Santa Clara Valley
Buyer's Agent
Heidi Tang
Bay East AOR
List Price
$2,299,888
Sold Price
$2,392,500
Premium/Discount to List
$92,612
4.03%
Current Estimated Value
$4,031,932

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,639,432
Avg. Annual Appreciation
10.27%
Original Mortgage
$1,790,000
Outstanding Balance
$1,589,656
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$2,442,276

Purchase Details

Closed on
Jul 31, 2007
Sold by
Messer Marilyn C
Bought by
Messer Marilyn
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ko Lu An $2,392,500 Chicago Title Company
Messer Marilyn -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ko Lu An $1,790,000
Previous Owner Messer Marilyn C $86,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2020 04/27/20 Sold $2,392,500 +4.0% $1,692 / Sq Ft
03/25/2020 03/25/20 Pending -- -- --
03/11/2020 03/11/20 For Sale $2,299,888 -- $1,627 / 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 $42,180 $3,582,349 $2,570,066 $1,012,283
2024 $42,180 $3,512,108 $2,519,673 $992,435
2023 $41,560 $3,443,244 $2,470,268 $972,976
2022 $41,165 $3,375,731 $2,421,832 $953,899
2021 $31,302 $2,549,039 $2,374,346 $174,693
2020 $6,910 $505,791 $297,527 $208,264
2019 $6,829 $495,875 $291,694 $204,181
2018 $6,659 $486,153 $285,975 $200,178
2017 $6,541 $476,621 $280,368 $196,253
2016 $6,365 $467,276 $274,871 $192,405
2015 $6,297 $460,258 $270,743 $189,515
2014 $6,090 $451,243 $265,440 $185,803
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81786395

MLSListings

APN: 127-31-068