NOT LISTED FOR SALE

Estimated Value: $4,216,000 - $4,655,879

3 Beds
3 Baths
1,959 Sq Ft
$2,228/Sq Ft Est. Value

Last Sold April 29, 2024

Last sale price $4,150,000 $2,118 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $26,769/month

33 Days on Market

Highlights

  • Living Room with Fireplace
  • Hydromassage or Jetted Bathtub
  • Neighborhood Views
  • Walter Hays Elementary Rated A+
  • Attic
  • Tile Flooring

About This Home

As of April 2024

Nearly 2,000 square feet of bright, refreshed living space highlights this inviting Palo Alto home set on a large lot at the end of a peaceful cul-de-sac. New floors, fresh paint, an updated kitchen with a suite of brand-new appliances, and a newly completed studio ADU are just some of the stylish upgrades this home provides. The open floorplan creates an ideal setting for both entertaining and relaxation, complemented by an expansive brick patio that encourages an indoor/outdoor lifestyle. Situated in the desirable Green Gables neighborhood, this home enjoys tremendous walkability with beautiful parks, the Midtown Shopping Center, and Caltrain all within a 20-minute walk, while vibrant California Avenue and US-101 are both just a short drive away. And as a finishing touch, children may attend award-winning Palo Alto schools including Greene Middle just around the corner (buyer to verify eligibility).

Last Agent to Sell the Property

Michael Repka

Deleon Realty License #70010006 Listed on: 03/06/2024

Last Buyer's Agent

Jessica Dong

Realty World-SVI Group License #01328264

Realty World-SVI Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,426

Year Built

  • Built in 1947

Lot Details

  • 7,710 Sq Ft Lot
  • Wood Fence
  • Back Yard
  • Zoning described as R1

Parking

  • 2 Car Garage
  • Guest Parking
  • On-Street Parking

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,959 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • 2 Fireplaces
  • Combination Dining and Living Room
  • Tile Flooring
  • Neighborhood Views
  • Attic

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Formica Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry in Garage
  • Washer

Outdoor Features

  • Outdoor Fireplace

Utilities

  • Vented Exhaust Fan
  • Radiant Heating System
  • Separate Meters
  • 220 Volts
  • Individual Gas Meter
  • Sewer Connection Less Than 500 Feet Away

Listing and Financial Details

  • Assessor Parcel Number 003-61-026

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,426

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 77
  • Listing Class: Residential
  • Structure Sq Ft: 1959
  • Year Built: 1947
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room, Outside, Wood Burning
  • Dining Room: Dining Area in Living Room
  • Kitchen: 220 Volt Outlet, Cooktop - Electric, Countertop - Formica, Dishwasher, Exhaust Fan, Freezer, Garbage Disposal, Microwave, Oven - Electric, Refrigerator
  • Living Sq Ft: 1959
  • Stories: 1
  • Bedrooms: Ground Floor Bedroom
  • Laundry: Electricity Hookup (110V), In Garage, Washer
  • Flooring: Tile
  • Additional Rooms: Attic
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Bathroom: Shower and Tub, Stall Shower, Tile, Tub with Jets
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Shingle
  • View: Neighborhood
  • Yard/Grounds: Back Yard, Fenced
  • Fencing: Wood
  • Construction Type: Wood, Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 4
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Guest / Visitor Parking, On Street

Utilities

  • Heating System: Radiant
  • Sewer/Septic System: Sewer Connections - LESS than 500 feet away

Schools

  • School District: Palo Alto Unified
  • Elementary School: Walter Hays Elementary
  • Middle School: Frank S. Greene Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 315
  • Middle School: 329

Lot Info

  • Lot Description: Regular
  • Parcel Number: 003-61-026
  • Lot Acres: 0.1770
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7708.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7708.00

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Walter Hays Elementary
  • High School Text: Palo Alto High
  • Middle School Text: Frank S. Greene Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2024
Closed on
Apr 22, 2024
Sold by
Majestic Trust and Zhu Yanhua
Bought by
Zhang Bowei and Shi Lili
Seller's Agent
Michael Repka
Deleon Realty
Buyer's Agent
Jessica Dong
Realty World-SVI Group
List Price
$3,988,000
Sold Price
$4,150,000
Premium/Discount to List
$162,000
4.06%
Views
81
Current Estimated Value
$4,364,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,220
Avg. Annual Appreciation
3.80%
Original Mortgage
$2,905,000
Outstanding Balance
$2,865,969
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$1,498,251

Purchase Details

Closed on
Dec 5, 2016
Sold by
Zhu Yanhua
Bought by
Zhu Yanhua and Majestic Trust

Purchase Details

Closed on
Aug 22, 2016
Sold by
Cui Wei
Bought by
Zhu Yanhua

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
3.43%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 22, 2016
Sold by
Rosenbaum Daniel and Rosenbaum Ruth Ann
Bought by
Zhu Yanhua

Purchase Details

Closed on
Mar 10, 2016
Sold by
Rosenbaun Ruth Ann and The Richard Rosenbaum & Ruth A
Bought by
Rosenbaum Daniel and Rosenbaum Ruth Ann

Purchase Details

Closed on
Jul 9, 2004
Sold by
Rosenbaum Richard and Rosenbaum Ruth Ann
Bought by
Rosenbaum Richard and Rosenbaum Ruth Ann
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
Zhang Bowei $4,150,000 First American Title
Zhu Yanhua -- None Available
Zhu Yanhua -- First American Title Company
Zhu Yanhua $2,598,000 Chicago Title Company
Rosenbaum Daniel -- Chicago Title Company
Rosenbaum Richard -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Bowei $170,000
Open Zhang Bowei $2,905,000
Previous Owner Zhu Yanhua $1,500,000
Previous Owner Zhu Yanhua $1,100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2024 04/29/24 Sold $4,150,000 +4.1% $2,118 / Sq Ft
04/09/2024 04/09/24 Pending -- -- --
03/06/2024 03/06/24 For Sale $3,988,000 -- $2,036 / 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 $36,426 $4,233,000 $3,978,000 $255,000
2024 $36,426 $3,015,195 $2,947,886 $67,309
2023 $36,426 $2,956,075 $2,890,085 $65,990
2022 $35,479 $2,898,114 $2,833,417 $64,697
2021 $34,781 $2,841,289 $2,777,860 $63,429
2020 $34,059 $2,812,156 $2,749,377 $62,779
2019 $33,685 $2,757,017 $2,695,468 $61,549
2018 $32,756 $2,702,959 $2,642,616 $60,343
2017 $32,182 $2,649,960 $2,590,800 $59,160
2016 $2,124 $105,537 $41,348 $64,189
2015 $2,014 $103,952 $40,727 $63,225
2014 $1,875 $101,917 $39,930 $61,987
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81956495

MLSListings

APN: 003-61-026