$2,300,000
SOLD JUL 25, 2018

720 College Ave Palo Alto, CA 94306

2 Beds
1 Bath
1,044 Sq Ft
4,312 Sq Ft Lot

Recently Sold

$2,203 Per Sq Ft

5% Above List Price

5 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Formal Dining Room
  • Escondido Elementary School Rated A+
  • Stone Countertops
  • 1 Car Detached Garage

About This Home

As of July 2018

Nestled on a tree-lined street in one of Palo Altos most coveted neighborhoods is this charming 2 bedroom and 1 bath home. Hardwood floors connect formal living and dining rooms for easy entertaining, while timeless beauty is showcased in details like a vintage O'Keefe & Merritt oven in the delightful kitchen. Both bedrooms and the bathroom are well-designed and graciously appointed. From its peaceful setting in the College Terrace neighborhood, this home is moments away from coffee shops, groceries, parks, and Stanford University. Shopping, dining, and the Sunday Farmers Market are all just around the corner on California Avenue. Top school attendance at Escondido Elementary, Jordan Middle, and Palo Alto High (buyer to verify attendance). Page Mill Road and El Camino Real provide easy access for commuting. Don't miss out this opportunity to live in one of the areas top neighborhoods!

Last Agent to Sell the Property

Alex Wang

Christie's International Real Estate Sereno License #01351503 Listed on: 07/12/2018

Christie's International Real Estate Sereno

Last Buyer's Agent

Art Sharif

Sotheby's Intl Rlty License #01481940

Sotheby's Intl Rlty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,557

Year Built

  • Built in 1925

Lot Details

  • 4,312 Sq Ft Lot
  • Back Yard
  • Zoning described as R3

Parking

  • 1 Car Detached Garage
  • Off-Street Parking

Interior Spaces

  • 1,044 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Crawl Space

Kitchen

  • Gas Oven
  • Range Hood
  • Microwave
  • Dishwasher
  • Stone Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower
  • Bathtub Includes Tile Surround

Laundry

  • Laundry Room
  • Washer and Dryer

Additional Features

  • Deck
  • Floor Furnace

Listing and Financial Details

  • Assessor Parcel Number 137-02-068

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,557

Year Built

Built in 1925

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Age: 93
  • Listing Class: Residential
  • Structure Sq Ft: 1044
  • Year Built: 1925
  • Zoning Description: R3
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room, Wood Burning
  • Dining Room: Formal Dining Room
  • Kitchen: Countertop - Stone, Dishwasher, Hood Over Range, Microwave, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 1044
  • Stories: 1
  • Laundry: Inside, Washer / Dryer
  • Flooring: Hardwood
  • Additional Rooms: Laundry Room
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Shower over Tub - 1, Tile
  • Fireplace: Yes

Exterior Features

  • Foundation: Crawl Space
  • Yard/Grounds: Back Yard, Deck

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Detached Garage, Off-Street Parking

Utilities

  • Heating System: Floor Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Palo Alto Unified
  • Elementary School: Escondido Elementary
  • Middle School: David Starr Jordan Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 313
  • Middle School: 329

Lot Info

  • Parcel Number: 137-02-068
  • Lot Acres: 0.0990
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4313.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4313.00

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Escondido Elementary
  • High School Text: Palo Alto High
  • Middle School Text: David Starr Jordan Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2018
Closed on
Jul 20, 2018
Sold by
Coleman Christine E and Coleman Douglass C
Bought by
Cato Investment Company Llc
Seller's Agent
Alex Wang
Christie's International Real Estate Sereno
Buyer's Agent
Art Sharif
Sotheby's Intl Rlty
List Price
$2,195,000
Sold Price
$2,300,000
Premium/Discount to List
$105,000
4.78%
Current Estimated Value
$2,863,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$563,291
Avg. Annual Appreciation
3.14%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $2,300,000 Chicago Title Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2022 03/23/22 Rented $3,850 0.0% --
03/08/2022 03/08/22 For Rent $3,850 -3.6% --
12/21/2021 12/21/21 Rented $3,995 0.0% --
12/13/2021 12/13/21 Price Changed $3,995 -6.0% $4 / Sq Ft
11/23/2021 11/23/21 Price Changed $4,250 -5.6% $4 / Sq Ft
08/09/2021 08/09/21 For Rent $4,500 0.0% --
07/25/2018 07/25/18 Sold $2,300,000 +4.8% $2,203 / Sq Ft
07/18/2018 07/18/18 Pending -- -- --
07/12/2018 07/12/18 For Sale $2,195,000 -- $2,102 / 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 $30,557 $2,565,691 $2,509,917 $55,774
2024 $30,557 $2,515,384 $2,460,703 $54,681
2023 $30,108 $2,466,063 $2,412,454 $53,609
2022 $29,760 $2,417,709 $2,365,151 $52,558
2021 $29,174 $2,370,304 $2,318,776 $51,528
2020 $28,572 $2,346,000 $2,295,000 $51,000
2019 $28,257 $2,300,000 $2,250,000 $50,000
2018 $1,611 $57,412 $37,133 $20,279
2017 $1,582 $56,287 $36,405 $19,882
2016 $1,534 $55,185 $35,692 $19,493
2015 $1,512 $54,357 $35,156 $19,201
2014 $1,383 $53,293 $34,468 $18,825
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81714227

MLSListings

APN: 137-02-068