NOT LISTED FOR SALE

740 Mayview Ave Palo Alto, CA 94303

Adobe Meadow-Meadow Park Neighborhood

Estimated Value: $5,485,289 - $6,769,000

5 Beds
4 Baths
3,379 Sq Ft
$1,754/Sq Ft Est. Value

Last Sold May 31, 2012

Last sale price $2,750,000 $814 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $34,292/month

8 Days on Market

Highlights

  • Primary Bedroom Suite
  • Living Room with Fireplace
  • Wood Flooring
  • Fairmeadow Elementary School Rated A+
  • Vaulted Ceiling
  • 5-minute walk to Ramos Park

About This Home

As of May 2012

This newer Mediterranean home in Meadow Park offers a modern floorplan with both a downstairs bedroom and office/den. Built in 2004, this home is truly move-in condition, with new paint, carpet, landscaping and refinished cherry floors. A short walk takes you to Mitchell Park, the new Community Center and Charleston Center shopping center.

Last Agent to Sell the Property

Chris Iverson

Golden Gate Sotheby's International Realty License #01708130 Listed on: 05/16/2012

Golden Gate Sotheby's International Realty

Last Buyer's Agent

Richard Liu

Richard Liu, Broker License #01439770

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $40,786

Year Built

  • Built in 2003

Lot Details

  • Fenced
  • Level Lot
  • Sprinklers on Timer
  • Zoning described as R1B8

Parking

  • 2 Car Garage

Home Design

  • Mediterranean Architecture
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,379 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Double Pane Windows
  • Formal Entry
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Gas Dryer Hookup

Kitchen

  • Open to Family Room
  • Built-In Oven
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • 4 Full Bathrooms
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Walk-in Shower

Outdoor Features

  • Barbecue Area

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 127-43-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$40,786

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Mediterranean
  • Age: 9
  • Sale Price Per Sq Ft: 813.85
  • Level Street Main: Bedroom(s)
  • Listing Class: Residential
  • Structure Sq Ft: 3379
  • Barclay Horizontal: 13
  • Barclays Page: 13
  • Incorporated: Yes
  • Map Book Page: 791
  • Map Book Page Secondary: 13
  • Map Side Coordinate: 7
  • Map Side Coordinate Secondary: 81
  • Map Top Coordinate: E
  • Map Top Coordinate Secondary: 13
  • Thomas Bros Page: 791
  • Thomas Brothers: E7
  • Year Built: 2003
  • Zoning Description: R1B8
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Living Room, Wood Burning, Yes
  • Dining Room: Formal Dining Room, No Informal Dining Room
  • Kitchen: Pantry, Dishwasher, Cooktop, Garbage Disposal, Refrigerator, Oven - Built-In, Hookups - Gas
  • Living Sq Ft: 3379
  • Stories: 2
  • Bedrooms: Primary Suite / Retreat, Ground Floor Bedroom
  • Laundry: In Laundry Room, Gas Hookup
  • Flooring: Carpet - Area, Tile, Hardwood
  • Additional Rooms: Den / Study / Office, Formal Entry
  • Maximum Bathrooms: 4
  • Maximum Numberof Bedrooms: 5
  • Minimum Bathrooms: 4
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Bathroom: Showers over Tubs - 2+, Tubs - 2+, Stall Shower, Tub in Primary Bedroom, Tub with Jets

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Pool - No
  • Roof: Clay
  • View: Local/Neighborhood
  • Yard/Grounds: Patio(s), Sprinkler(s) - Front, Sprinkler(s) - Rear, Sprinklers - Auto, BBQ Area, Fenced
  • Exterior: Stucco

Garage/Parking

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

Utilities

  • Cooling System: Central AC
  • Heating System: Forced Air, Gas
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Double Pane Windows(s), High Ceiling, Vaulted Ceiling, Built-in Vacuum

Schools

  • School District: Palo Alto Unified

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 127-43-012
  • List Price per Sq Ft: 709.68
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10200.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 10200.00
  • Lot Size Area Min Search: 10200.00
  • Maximum Lot Size: 10200.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Green Features

  • Energy Features: Double Pane Windows, Skylight, Skylight Tube(s)

Multi Family

  • Maximum Building Height: 2
  • Minimum Building Height: 2

MLS Schools

  • High School District Text: Palo Alto Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2012
Closed on
May 25, 2012
Sold by
Ordin Us Residential Real Estate Fund I
Bought by
Schireson Max and Lyell Deirdre
Seller's Agent
Chris Iverson
Golden Gate Sotheby's International Realty
Buyer's Agent
Richard Liu
Richard Liu, Broker
List Price
$2,398,000
Sold Price
$2,750,000
Premium/Discount to List
$352,000
14.68%
Current Estimated Value
$5,642,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,892,389
Avg. Annual Appreciation
5.17%

Purchase Details

Listed on
May 16, 2012
Closed on
May 24, 2012
Sold by
Schireson Mordecai Max and Lyell Deidre J
Bought by
Virk Irfan and Virk Asma
Seller's Agent
Chris Iverson
Golden Gate Sotheby's International Realty
Buyer's Agent
Richard Liu
Richard Liu, Broker
List Price
$2,398,000
Sold Price
$2,750,000
Premium/Discount to List
$352,000
14.68%

Purchase Details

Closed on
Dec 3, 2008
Sold by
Lyell Deirdre J and Schireson Max L
Bought by
Schireson Mordecai Max and Lyell Deirdre J

Purchase Details

Closed on
Mar 23, 2004
Sold by
Huang Chen Mei Chih and Huang Edith Yin Ti
Bought by
Schireson Max L and Lyell Deirdre J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,700
Interest Rate
2.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 28, 2000
Sold by
Yu Leon C and Lin Alice H
Bought by
Huang Chen Mei Chih and Huang Edith Yin Ti

Purchase Details

Closed on
Oct 20, 1995
Sold by
Yu Leon Chih Liang
Bought by
Yu Leon Chih Liang and Lin Alice Hsiu Mei

Purchase Details

Closed on
Jun 7, 1995
Sold by
Gozza Laura M
Bought by
Yu Leon Chih Liang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
6.75%
Source: Public Records

Range of Values:

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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
Schireson Max -- Chicago Title
Virk Irfan $2,750,000 Chicago Title Company
Schireson Mordecai Max -- None Available
Schireson Max L -- Chicago Title
Huang Chen Mei Chih -- Chicago Title Co
Yu Leon Chih Liang -- --
Yu Leon Chih Liang $446,000 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Virk Irfan $1,800,000
Previous Owner Schireson Max L $1,397,500
Previous Owner Schireson Max L $420,000
Previous Owner Schireson Max L $171,300
Previous Owner Schireson Max L $1,500,700
Previous Owner Schireson Max L $1,463,000
Previous Owner Yu Leon Chih Liang $96,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2012 05/31/12 Sold $2,750,000 +14.7% $814 / Sq Ft
05/24/2012 05/24/12 Pending -- -- --
05/16/2012 05/16/12 For Sale $2,398,000 -- $710 / 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 $40,786 $3,454,149 $1,884,081 $1,570,068
2024 $40,786 $3,386,422 $1,847,139 $1,539,283
2023 $40,188 $3,320,022 $1,810,921 $1,509,101
2022 $39,727 $3,254,924 $1,775,413 $1,479,511
2021 $38,945 $3,191,102 $1,740,601 $1,450,501
2020 $38,135 $3,158,382 $1,722,754 $1,435,628
2019 $37,717 $3,096,454 $1,688,975 $1,407,479
2018 $36,674 $3,035,740 $1,655,858 $1,379,882
2017 $36,032 $2,976,217 $1,623,391 $1,352,826
2016 $35,090 $2,917,860 $1,591,560 $1,326,300
2015 $34,752 $2,874,032 $1,567,654 $1,306,378
2014 $34,087 $2,817,734 $1,536,946 $1,280,788
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2012

    Chris Iverson

    Golden Gate Sotheby's International Realty

    Section Image

  • R

    Buyer's Agent in 2012

    Richard Liu

    Richard Liu, Broker

  • G

    Buyer's Agent in 2012

    Gayle Steele

    Green Coast Realty

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Map

Source: MLSListings

MLS Number: ML81218523

MLSListings

APN: 127-43-012

California Santa Clara County Palo Alto 94303 Adobe Meadow-Meadow Park

740 Mayview Ave, Palo Alto, CA

This home is located at 740 Mayview Ave, Palo Alto, CA 94303 since 16 May 2012 and is currently estimated at $5,927,322, approximately $1,754 per square foot. This property was built in 2003. 740 Mayview Ave is a home located in Santa Clara County with nearby schools including Fairmeadow Elementary School, Jane Lathrop Stanford Middle School, and Henry M. Gunn High School.

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