NOT LISTED FOR SALE

Estimated Value: $6,463,000 - $7,977,000

7 Beds
7.5 Baths
5,337 Sq Ft
$1,386/Sq Ft Est. Value

Last Sold October 21, 2014

Last sale price $4,700,000 $881 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $45,818/month

55 Days on Market

Highlights

  • Wine Cellar
  • Primary Bedroom Suite
  • Vaulted Ceiling
  • Palo Verde Elementary School Rated A+
  • Family Room with Fireplace
  • 3-minute walk to Ramos Park

About This Home

As of October 2014

Very quiet & peaceful 11-year new home w/over engineered quality. 5,337 sf of living area, 7 bedrooms, 7.5 baths (6 suites)+ home theater & wine cellar. High ceilings, solid Eucalyptus hardwood & stone floorings, 48" Viking appliances, central vacuum, A/C, 3 skylights. The moment you step into this home, you'll be overcome by its loveliness & comfort. Nearby parks, schools. A rare gem, great value

Last Agent to Sell the Property

Judy Shen

Coldwell Banker Realty License #01272874 Listed on: 01/21/2014

Coldwell Banker Realty

Last Buyer's Agent

William Chen

Faithful License #01863645

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $66,051

Year Built

  • Built in 2002

Lot Details

  • Security Fence
  • Level Lot
  • Sprinklers on Timer
  • Zoning described as R1B8

Parking

  • 1 Car Detached Garage

Home Design

  • Tudor Architecture
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 5,337 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Central Vacuum
  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Double Pane Windows
  • Bay Window
  • Garden Windows
  • Formal Entry
  • Wine Cellar
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Utility Room
  • Intercom

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Slate Flooring

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Steam Shower
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • No or Low VOC Paint or Finish

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 127-20-066

Home Details

Home Type

Single Family

Est. Annual Taxes

$66,051

Year Built

Built in 2002

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Tudor
  • Age: 12
  • Sale Price Per Sq Ft: 880.64
  • Level Street Main: 2 or more Primary Suites, Bedroom(s)
  • Listing Class: Residential
  • Structure Sq Ft: 5337
  • Incorporated: Yes
  • Map Book Page: 791
  • Map Side Coordinate: 7
  • Map Top Coordinate: E
  • Thomas Bros Page: 791
  • Thomas Brothers: E7
  • Year Built: 2002
  • Zoning Description: R1B8
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room, Kitchen / Family Room Combo
  • Fireplace: Family Room, Living Room, Wood Burning, Gas Log, Gas Starter, Yes
  • Dining Room: Formal Dining Room, Breakfast Nook, Breakfast Bar, Eat in Kitchen
  • Kitchen: Dishwasher, Cooktop, Garbage Disposal, Refrigerator, Microwave, Oven - Self Cleaning, Trash Compactor, Oven - Built-In, 220 Volt Outlet, Hookups - Gas
  • Living Sq Ft: 5337
  • Stories: 3
  • Security: Security Alarm - Owned, Security Fence
  • Bedrooms: Primary Suite / Retreate - 2+, Ground Floor Bedroom
  • Laundry: In Laundry Room, Dryer, Washer, Gas Hookup, 220 Volt Outlet
  • Flooring: Slate, Hardwood
  • Additional Rooms: Utility Room, Rec/Rumpus Room, Formal Entry, Basement - Full, Wine Cellar / Storage, Storage
  • Maximum Bathrooms: 8
  • Maximum Numberof Bedrooms: 7
  • Minimum Bathrooms: 8
  • Minimum Numberof Bedrooms: 7
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Bathroom: Showers over Tubs - 2+, Tubs - 2+, Stall Shower - 2+, Steam Shower, Tub in Primary Bedroom, Tub with Jets

Exterior Features

  • Pool Description: Pool - No
  • Roof: Shingle, Composition
  • View: Local/Neighborhood
  • Yard/Grounds: Sprinkler(s) - Front, Sprinkler(s) - Rear, Sprinklers - Auto, Fenced
  • Exterior: Stone, Stucco
  • Construction Type: Low VOC Finishes

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Detached Garage

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Window Covering(s), Double Pane Windows(s), Garden Window, High Ceiling, Vaulted Ceiling, Wet Bar, Bay Window, Built-in Vacuum

Schools

  • School District: Palo Alto Unified
  • Elementary School: Palo Verde Elementary
  • Middle School: Jane Lathrop Stanford Middle
  • High School: Henry M. Gunn High
  • High School: 325
  • Elementary School: 320
  • Middle School: 322

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 127-20-066
  • List Price per Sq Ft: 897.13
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10416.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 10416.00
  • Lot Size Area Min Search: 10416.00
  • Maximum Lot Size: 10416.00
  • Map Book: Thomas Bros

Green Features

  • Energy Features: Double Pane Windows, Skylight

Multi Family

  • Maximum Building Height: 3
  • Minimum Building Height: 3

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Palo Verde Elementary
  • High School Text: Henry M. Gunn High
  • Middle School Text: Jane Lathrop Stanford Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2014
Closed on
Sep 22, 2014
Sold by
Day Jia Der and Zhu Li Qun
Bought by
Wang Hanguang and Zhang Dongmei
Seller's Agent
Judy Shen
Coldwell Banker Realty
Buyer's Agent
William Chen
Faithful
List Price
$4,788,000
Sold Price
$4,700,000
Premium/Discount to List
-$88,000
-1.84%
Current Estimated Value
$7,398,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,698,831
Avg. Annual Appreciation
4.64%
Original Mortgage
$2,000,000
Outstanding Balance
$1,545,304
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$6,137,292

Purchase Details

Closed on
Feb 19, 2003
Sold by
East Meadow Llc
Bought by
Day Jia Der and Zhu Li Qun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.25%

Purchase Details

Closed on
Oct 12, 2000
Sold by
Katzir Sima
Bought by
Benzacar Shmouel

Purchase Details

Closed on
Mar 15, 2000
Sold by
Andre Kornelius Alicia Llc
Bought by
Benzacar Shmouel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$645,000
Interest Rate
8.24%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 8, 1996
Sold by
Schaeffer Family Revoc Intervivos Trust and Glenn C
Bought by
Schaeffer Glenn C
Source: Public Records

Range of Values:

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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
Wang Hanguang $4,699,750 Chicago Title Company
Day Jia Der $2,280,000 Old Republic Title Company
East Meadow Llc -- Old Republic Title Company
Benzacar Shmouel -- --
Benzacar Shmouel -- --
Andre Kornelius Alicia Llc $860,000 Old Republic Title Company
Schaeffer Glenn C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Hanguang $2,000,000
Previous Owner Day Jia Der $400,000
Previous Owner Day Jia Der $1,000,000
Previous Owner Day Jia Der $200,000
Previous Owner Day Jia Der $1,500,000
Previous Owner Day Jia Der $1,500,000
Previous Owner Day Jia Der $1,500,000
Previous Owner Day Jia Der $500,000
Previous Owner Day Jia Der $1,000,000
Previous Owner Day Jia Der $1,500,000
Previous Owner Day Jia Der $1,500,000
Previous Owner Day Jia Der $1,500,000
Previous Owner Day Jia Der $1,000,000
Previous Owner Day Jiader $500,000
Previous Owner Day Jia Der $1,100,000
Previous Owner Day Jia Der $1,500,000
Previous Owner Alicia Andre Kornelius $645,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2014 10/21/14 Sold $4,700,000 0.0% $881 / Sq Ft
08/25/2014 08/25/14 Pending -- -- --
08/25/2014 08/25/14 Off Market $4,700,000 -- --
07/01/2014 07/01/14 For Sale $4,788,000 -- $897 / 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 $66,051 $5,648,686 $3,082,741 $2,565,945
2024 $66,051 $5,537,929 $3,022,296 $2,515,633
2023 $65,085 $5,429,343 $2,963,036 $2,466,307
2022 $64,345 $5,322,887 $2,904,938 $2,417,949
2021 $63,080 $5,218,518 $2,847,979 $2,370,539
2020 $61,756 $5,165,010 $2,818,777 $2,346,233
2019 $61,083 $5,063,736 $2,763,507 $2,300,229
2018 $59,380 $4,964,448 $2,709,321 $2,255,127
2017 $58,341 $4,867,107 $2,656,198 $2,210,909
2016 $56,821 $4,771,674 $2,604,116 $2,167,558
2015 $56,278 $4,700,000 $2,565,000 $2,135,000
2014 $32,538 $2,693,781 $1,128,315 $1,565,466
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81423512

MLSListings

APN: 127-20-066