NOT LISTED FOR SALE

Estimated Value: $3,074,000 - $3,283,584

4 Beds
4 Baths
2,665 Sq Ft
$1,201/Sq Ft Est. Value

Last Sold November 25, 2024

Last sale price $3,100,000 $1,163 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $18,068/month

106 Days on Market

Highlights

  • Fireplace
  • Forced Air Heating System
  • Dining Area
  • Addison Elementary School Rated A+
  • Separate Family Room
  • 2-minute walk to Heritage Park

About This Home

As of November 2024

This is it! Welcome to a timeless Victorian-style jewel box home nestled within the heart of Palo Alto, where historic charm and modern convenience harmoniously blend. This exceptional three-bedroom three-story main home built in 1906 features an attic, basement, and artist studio loft and is approximately 2,076 Sq Ft. It stands as a testament to architectural grandeur, offering a rare opportunity to own a piece of Palo Alto's rich heritage. The detached cottage in the garden is two stories with one bedroom, one bath and approximately 525 Sq Ft. This home carries a rich history that has been thoughtfully and lovingly preserved throughout its meticulous restoration, an ongoing passion project for the owner over the last fifty years. The original architectural details, including decorative moldings, coffered ceilings, and period fixtures, have been retained and updated. In the backyard, youll find a magical garden with winding path, mature plants, a fountain, and a greenhouse. Featuring an incredible location, this home is just two blocks from University Ave., has a walk score of 98, a bike score of 100, and a tree canopy score of 100! You cant miss this incredible home!

Last Agent to Sell the Property

Adriana Trenev

Coldwell Banker Realty License #01893246 Listed on: 07/11/2024

Coldwell Banker Realty

Last Buyer's Agent

Nan Zhou

Agents Realty and Finance License #01855379

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,005

Year Built

  • Built in 1906

Lot Details

  • 4,312 Sq Ft Lot
  • Zoning described as RM3

Parking

  • No Garage

Interior Spaces

  • 2,665 Sq Ft Home
  • 3-Story Property
  • Fireplace
  • Separate Family Room
  • Dining Area

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 120-27-054

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,005

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Age: 117
  • Listing Class: Residential
  • Structure Sq Ft: 2665
  • Year Built: 1906
  • Zoning Description: RM3
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Dining Room: Dining Area
  • Living Sq Ft: 2665
  • Stories: 3
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace: Yes

Garage/Parking

  • Garage Parking Features: No Garage

Utilities

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

Schools

  • School District: Palo Alto Unified
  • Elementary School: Addison Elementary
  • Middle School: Frank S. Greene Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 309
  • Middle School: 329

Lot Info

  • Parcel Number: 120-27-054
  • Lot Acres: 0.0990
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4314.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4314.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Addison 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
Jul 11, 2024
Closed on
Nov 19, 2024
Sold by
Farrand Joette R
Bought by
Xu Qing
Seller's Agent
Adriana Trenev
Coldwell Banker Realty
Buyer's Agent
Nan Zhou
Agents Realty and Finance
List Price
$3,700,000
Sold Price
$3,100,000
Premium/Discount to List
-$600,000
-16.22%
Total Days on Market
106
Views
99
Current Estimated Value
$3,201,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,146
Avg. Annual Appreciation
6.25%

Purchase Details

Closed on
Jun 25, 1996
Sold by
Benjamin Bruce J
Bought by
Farrand Joette R

Purchase Details

Closed on
Oct 28, 1993
Sold by
Farrand Joette R
Bought by
Farrand Joette R and Benjamin Bruce J
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 Buyer Sale Price Title Company
Xu Qing $3,100,000 Fidelity National Title Compan
Xu Qing $3,100,000 Fidelity National Title Compan
Farrand Joette R -- --
Farrand Joette R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Farrand Joette R $460,225
Previous Owner Farrand Joette R $250,000
Previous Owner Farrand Joette R $544,000
Previous Owner Farrand Joette R $443,000
Previous Owner Farrano Joette R $100,000
Previous Owner Farrand Joette R $320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2024 11/25/24 Sold $3,100,000 -3.1% $1,163 / Sq Ft
10/25/2024 10/25/24 Pending -- -- --
10/05/2024 10/05/24 Price Changed $3,200,000 -8.5% $1,201 / Sq Ft
09/07/2024 09/07/24 Price Changed $3,498,000 -5.5% $1,313 / Sq Ft
07/11/2024 07/11/24 For Sale $3,700,000 -- $1,388 / 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
2024 $2,005 $83,968 $40,740 $43,228
2023 $1,971 $82,323 $39,942 $42,381
2022 $1,939 $80,709 $39,159 $41,550
2021 $1,899 $79,128 $38,392 $40,736
2020 $1,878 $78,318 $37,999 $40,319
2019 $1,769 $76,783 $37,254 $39,529
2018 $1,740 $75,278 $36,524 $38,754
2017 $1,706 $73,803 $35,808 $37,995
2016 $1,654 $72,356 $35,106 $37,250
2015 $1,629 $71,270 $34,579 $36,691
2014 $1,496 $69,875 $33,902 $35,973
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81934940

MLSListings

APN: 120-27-054