NOT LISTED FOR SALE

Estimated Value: $2,639,000 - $2,952,000

2 Beds
1 Bath
1,008 Sq Ft
$2,803/Sq Ft Est. Value

Last Sold May 14, 2019

Last sale price $2,300,000 $2,282 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $17,526/month

7 Days on Market

Highlights

  • 1 Car Detached Garage
  • Combination Dining and Living Room
  • Floor Furnace
  • Addison Elementary School Rated A+

About This Home

As of May 2019

Crescent Park cottage that needs some tender loving care. Great opportunity to get into one of Palo Altos most desirable locations at a below average price. Quiet location with the ability to walk to all that downtown Palo Alto has to offer. Comes with great Palo Alto schools and fabulous city amenities.

Last Agent to Sell the Property

Michael Dreyfus

Golden Gate Sotheby's International Realty License #01121795 Listed on: 03/28/2019

Golden Gate Sotheby's International Realty

Last Buyer's Agent

Michael Hall

Compass License #01133676

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,557

Year Built

  • Built in 1923

Lot Details

  • 5,624 Sq Ft Lot
  • Zoning described as R1

Parking

  • 1 Car Detached Garage
  • Off-Street Parking

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,008 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Floor Furnace

Listing and Financial Details

  • Assessor Parcel Number 003-01-057

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,557

Year Built

Built in 1923

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Age: 96
  • Listing Class: Residential
  • Structure Sq Ft: 1008
  • Year Built: 1923
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room
  • Dining Room: Dining Area in Living Room
  • Living Sq Ft: 1008
  • Stories: 2
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

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: 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: 003-01-057
  • Lot Acres: 0.1291
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5625.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5625.00

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
Mar 28, 2019
Closed on
Apr 22, 2019
Sold by
Ferguson Kirsten M
Bought by
Adams Amy Erin and Adams Sandra
Seller's Agent
Michael Dreyfus
Golden Gate Sotheby's International Realty
Buyer's Agent
Michael Hall
Compass
List Price
$2,195,000
Sold Price
$2,300,000
Premium/Discount to List
$105,000
4.78%
Current Estimated Value
$2,825,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$525,524
Avg. Annual Appreciation
3.26%
Original Mortgage
$1,350,000
Outstanding Balance
$1,179,572
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$1,645,952

Purchase Details

Listed on
Mar 28, 2019
Closed on
Apr 10, 2019
Sold by
Drekmeier Peter Albert Max
Bought by
Adams Amy Erin
Seller's Agent
Michael Dreyfus
Golden Gate Sotheby's International Realty
Buyer's Agent
Michael Hall
Compass
List Price
$2,195,000
Sold Price
$2,300,000
Premium/Discount to List
$105,000
4.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,350,000
Outstanding Balance
$1,179,572
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$1,645,952

Purchase Details

Closed on
Dec 18, 2010
Sold by
Jones Stephen
Bought by
Ferguson Kirsten M

Purchase Details

Closed on
Nov 8, 2001
Sold by
Lindee Roberta A
Bought by
Lindee Roberta A

Purchase Details

Closed on
Aug 15, 1996
Sold by
Wells Fargo Bank Na
Bought by
Lindee Roberta A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,200
Interest Rate
8.42%
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
Adams Amy Erin $2,300,000 Chicago Title Company
Adams Amy Erin -- Chicago Title Company
Ferguson Kirsten M -- None Available
Lindee Roberta A -- --
Lindee Roberta A $395,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adams Amy Erin $1,350,000
Previous Owner Lindee Roberta A $296,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/14/2019 05/14/19 Sold $2,300,000 +4.8% $2,282 / Sq Ft
04/05/2019 04/05/19 Pending -- -- --
03/28/2019 03/28/19 For Sale $2,195,000 -- $2,178 / 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 $7,789 $576,696 $511,007 $65,689
2018 $7,592 $565,389 $500,988 $64,401
2017 $7,457 $554,304 $491,165 $63,139
2016 $7,257 $543,436 $481,535 $61,901
2015 $7,181 $535,274 $474,302 $60,972
2014 $6,961 $524,790 $465,012 $59,778
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81744458

MLSListings

APN: 003-01-057