NOT LISTED FOR SALE

Estimated Value: $7,141,000 - $8,837,765

6 Beds
5 Baths
5,298 Sq Ft
$1,581/Sq Ft Est. Value

Last Sold August 09, 2012

Current estimated payment $53,049/month

9 Days on Market

Highlights

  • Wine Cellar
  • Primary Bedroom Suite
  • Vaulted Ceiling
  • Walter Hays Elementary Rated A+
  • Family Room with Fireplace
  • Wood Flooring

About This Home

As of August 2012

Custom built in 2007 on 3-levels with full basement. Spacious Great Room with chef's kitchen, dining area & family room. Main level office & lower level w/expansive entertainment room, wine room, laundry & 6th bd/currently outfitted as an exercise room. Very large master w/exceptionally large walk-in closet w/dressers. Lovely gardens w/heritage Redwood. Detached 3-car garage.

Last Agent to Sell the Property

Grace Wu

Compass License #00886757 Listed on: 07/11/2012

Last Buyer's Agent

Grace Wu

Compass License #00886757 Listed on: 07/11/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $74,658

Year Built

  • Built in 2007

Lot Details

  • Fenced
  • Level Lot
  • Sprinklers on Timer
  • Zoning described as R1

Home Design

  • Slab Foundation
  • Ceiling Insulation
  • Floor Insulation
  • Tile Roof

Interior Spaces

  • 5,298 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Formal Entry
  • Wine Cellar
  • Family Room with Fireplace
  • Dining Room
  • Den
  • Utility Room
  • Wood Flooring
  • Attic

Kitchen

  • Breakfast Bar
  • Built-In Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • Detached Garage
  • Tandem Parking
  • Garage Door Opener

Eco-Friendly Details

  • Energy-Efficient Insulation

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 003-59-014

Home Details

Home Type

Single Family

Est. Annual Taxes

$74,658

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Age: 5
  • Level Street Main: 2 or more Primary Suites
  • Listing Class: Residential
  • Structure Sq Ft: 5298
  • Barclay Horizontal: 10
  • Barclays Page: 12
  • Incorporated: Yes
  • Map Book Page: 791
  • Map Book Page Secondary: 12
  • Map Side Coordinate: 5
  • Map Side Coordinate Secondary: 83
  • Map Top Coordinate: B
  • Map Top Coordinate Secondary: 10
  • Thomas Bros Page: 791
  • Thomas Brothers: B5
  • Year Built: 2007
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Gas Starter, Yes
  • Dining Room: No Formal Dining Room, Breakfast Bar
  • Kitchen: Pantry, Dishwasher, Garbage Disposal, Refrigerator, Microwave, Oven - Self Cleaning, Oven Range - Built-In, 220 Volt Outlet, Hookups - Gas
  • Living Sq Ft: 5298
  • Stories: 2
  • Security: Security Alarm - Owned
  • Bedrooms: Primary Suite / Retreate - 2+
  • Laundry: In Laundry Room, Dryer, Washer, 220 Volt Outlet
  • Flooring: Carpet - Wall to Wall, Hardwood
  • Additional Rooms: Utility Room, Den / Study / Office, Rec/Rumpus Room, Formal Entry, Basement - Full, Attic, Wine Cellar / Storage, Storage
  • Maximum Bathrooms: 5
  • Maximum Numberof Bedrooms: 6
  • Minimum Bathrooms: 5
  • Minimum Numberof Bedrooms: 6
  • Full Bathrooms: 5
  • Total Bedrooms: 6
  • Bathroom: Showers over Tubs - 2+, Tubs - 2+, Stall Shower - 2+, Tub in Primary Bedroom, Tub with Jets

Exterior Features

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

Garage/Parking

  • Garage Min: 3
  • Garage Parking Features: Detached Garage, Gate / Door Opener, Tandem Parking

Utilities

  • Cooling System: Central AC
  • Heating System: Heating - 2+ Zones, Forced Air, Gas
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Window Covering(s), Double Pane Windows(s), High Ceiling, Vaulted Ceiling

Schools

  • School District: Palo Alto Unified
  • Elementary School: Walter Hays Elementary
  • Middle School: David Starr Jordan Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 315
  • Middle School: 329

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 003-59-014
  • List Price per Sq Ft: 943.56
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 11390.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 11390.00
  • Lot Size Area Min Search: 11390.00
  • Maximum Lot Size: 11390.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Green Features

  • Energy Features: Ceiling Insulation, Walls Insulated, Insulation - Floor, Insulated Water Heater, Solar Power On Grid, Double Pane Windows

Multi Family

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

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2017
Sold by
Li Xiangbing and Zhuang Ling
Bought by
Li Xiangbing and Zhuang Ling
Total Days on Market
9
Current Estimated Value
$8,373,691

Purchase Details

Listed on
Jul 11, 2012
Closed on
Aug 1, 2012
Sold by
Seale Semprevirens Llc
Bought by
Li Xiangbing and Zhuang Ling
Seller's Agent
Grace Wu
Compass
Buyer's Agent
Grace Wu
Compass
List Price
$4,999,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,200,000
Outstanding Balance
$2,151,314
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$5,560,284

Purchase Details

Closed on
Mar 26, 2012
Sold by
Liu Chien Liang and Liu Judith Ann
Bought by
Seale Semprevirens Llc

Purchase Details

Closed on
Sep 5, 2008
Sold by
Liu Chien Liang and Liu Judith Ann
Bought by
Liu Chien Liang and Liu Judith Ann

Purchase Details

Closed on
Apr 13, 2005
Sold by
Maroder Jean H
Bought by
Liu Chien Liang and Liu Judith Ann

Purchase Details

Closed on
May 13, 2003
Sold by
Maroder Jean H
Bought by
Maroder Jean H
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
Li Xiangbing -- None Available
Li Xiangbing $5,199,750 Chicago Title Company
Seale Semprevirens Llc -- None Available
Liu Chien Liang -- None Available
Liu Chien Liang -- None Available
Liu Chien Liang -- North American Title Company
Maroder Jean H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Xiangbing $1,000,000
Closed Li Xianbing $1,000,000
Closed Li Xiangbing $1,388,000
Closed Li Xiangbing $1,102,000
Open Li Xiangbing $3,200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2012 08/09/12 Sold -- -- --
07/20/2012 07/20/12 Pending -- -- --
07/11/2012 07/11/12 For Sale $4,999,000 -- $944 / 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 $74,658 $6,277,864 $4,225,487 $2,052,377
2023 $73,566 $6,154,770 $4,142,635 $2,012,135
2022 $72,728 $6,034,089 $4,061,407 $1,972,682
2021 $71,297 $5,915,774 $3,981,772 $1,934,002
2020 $69,798 $5,855,116 $3,940,944 $1,914,172
2019 $69,036 $5,740,311 $3,863,671 $1,876,640
2018 $67,123 $5,627,757 $3,787,913 $1,839,844
2017 $65,931 $5,517,410 $3,713,641 $1,803,769
2016 $64,213 $5,409,226 $3,640,825 $1,768,401
2015 $63,599 $5,327,975 $3,586,137 $1,741,838
2014 $62,467 $5,223,608 $3,515,890 $1,707,718
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81225978

MLSListings

APN: 003-59-014