NOT LISTED FOR SALE

Estimated Value: $5,070,000 - $5,714,000

4 Beds
3.5 Baths
2,813 Sq Ft
$1,918/Sq Ft Est. Value

Last Sold November 19, 2013

Last sale price $3,500,000 $1,244 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $34,391/month

7 Days on Market

Highlights

  • Private Pool
  • Primary Bedroom Suite
  • Vaulted Ceiling
  • Fairmeadow Elementary School Rated A+
  • Family Room with Fireplace
  • 3-minute walk to Ramos Park

About This Home

As of November 2013

Magnificence! Immaculate well-cared for 10 year new home! Feels all new! Chef's delight granite kitchen Thermador gas cooktop custom cherry cabinets stainless appliances open family rm sep dining rm grand entry soaring and 10+ ft ceilings bright/sunny pure natural light, upstairs & downstairs master suites new int/ext paint HUGE backyard lots of grass Prime location walk to schools 3 parks Gunn HS

Last Listed By

Eric Fischer-Colbrie

Intero Real Estate Services License #00922040 Listed on: 10/24/2013

Intero Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $50,333

Year Built

  • Built in 2003

Lot Details

  • Fenced
  • Sprinklers on Timer
  • Zoning described as R1

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,813 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Double Pane Windows
  • Formal Entry
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Wood Flooring
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Built-In Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Walk-in Shower

Pool

  • Private Pool
  • Spa
  • Pool Cover
  • Pool Sweep

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 127-43-033

Home Details

Home Type

Single Family

Est. Annual Taxes

$50,333

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Traditional
  • Age: 10
  • Sale Price Per Sq Ft: 1244.22
  • Level Street Main: 2 or more Primary Suites
  • Listing Class: Residential
  • Structure Sq Ft: 2813
  • Builder Architect: custom
  • Incorporated: Yes
  • Map Book Page: 791
  • Map Side Coordinate: 7
  • Map Top Coordinate: E
  • Thomas Bros Page: 791
  • Thomas Brothers: E7
  • Year Built: 2003
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Living Room, Gas Log, Yes
  • Dining Room: Formal Dining Room, Breakfast Nook
  • Kitchen: Pantry, Dishwasher, Cooktop, Garbage Disposal, Refrigerator, Microwave, Oven - Self Cleaning, Oven - Built-In, Hookups - Gas
  • Living Sq Ft: 2813
  • Stories: 2
  • Security: Security Alarm - Owned
  • Bedrooms: Primary Suite / Retreate - 2+
  • Laundry: In Laundry Room
  • Flooring: Hardwood
  • Additional Rooms: Den / Study / Office, Formal Entry, Attic, Storage
  • Maximum Bathrooms: 4
  • Maximum Numberof Bedrooms: 4
  • Minimum Bathrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Showers over Tubs - 2+, Tubs - 2+, Stall Shower - 2+, Tub in Primary Bedroom, Tub with Jets

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Spa / Hot Tub, In Ground Concrete, Pool - Sweep, Pool - Cover, Pool - Yes
  • Roof: Concrete
  • View: Local/Neighborhood
  • Yard/Grounds: Patio(s), Sprinkler(s) - Front, Sprinkler(s) - Rear, Sprinklers - Auto, Fenced
  • Pool: Yes
  • 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: Heating - 2+ Zones, Forced Air
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Association/Amenities

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

Schools

  • School District: Palo Alto Unified
  • Elementary School: Fairmeadow Elementary
  • Middle School: Jane Lathrop Stanford Middle
  • High School: Henry M. Gunn High
  • High School: 325
  • Elementary School: 314
  • Middle School: 322

Lot Info

  • Parcel Number: 127-43-033
  • List Price per Sq Ft: 1062.21
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9792.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 9792.00
  • Lot Size Area Min Search: 9792.00
  • Maximum Lot Size: 9792.00
  • Map Book: Thomas Bros

Green Features

  • Energy Features: 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: Fairmeadow 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

Closed on
Feb 3, 2015
Sold by
Bhave Ajit and Kulshrestha Manisha
Bought by
The Bhave Family Revocable Trust and Kulshrestha Manisha
Total Days on Market
7
Current Estimated Value
$5,394,908

Purchase Details

Listed on
Oct 24, 2013
Closed on
Nov 4, 2013
Sold by
Hjartoy Per and Chang Nerissa
Bought by
Bhave Ajit and Kuishrestha Manisha
Seller's Agent
Eric Fischer-Colbrie
Intero Real Estate Services
Buyer's Agent
Ramesh Bhambhra
Open House Realty
List Price
$2,988,000
Sold Price
$3,500,000
Premium/Discount to List
$512,000
17.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.82%

Purchase Details

Closed on
Aug 24, 2006
Sold by
Hjartoy Per A and Chang Nerissa C
Bought by
Hjartoy Per and Chang Nerissa

Purchase Details

Closed on
Sep 28, 2004
Sold by
Ng Charles Hok Bun and Chu Anni Chyi Chen
Bought by
Hjartoy Per A and Chang Nerissa C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$930,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 5, 2001
Sold by
Ng Charles Hok Bun and Chu Anni Chyi Chen
Bought by
Ng Charles Hok Bun and Chu Anni Chyi Chen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$624,000
Interest Rate
6.91%

Purchase Details

Closed on
Jul 10, 2001
Sold by
Edwards Savon B
Bought by
Ng Charles H and Chu Anni C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$624,000
Interest Rate
7.21%

Purchase Details

Closed on
Nov 18, 1999
Sold by
Mello Barbara S and Mello Savon B
Bought by
Edwards Savon B

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
The Bhave Family Revocable Trust -- None Available
Bhave Ajit $3,500,000 Chicago Title Company
Hjartoy Per -- None Available
Hjartoy Per A -- Chicago Title
Ng Charles Hok Bun -- Chicago Title Co
Ng Charles H $780,000 First American Title Guarant
Edwards Savon B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hjartoy Per $800,000
Previous Owner Hjartoy Per A $250,000
Previous Owner Hjartoy Per A $930,000
Previous Owner Ng Charles Hok Bun $100,000
Previous Owner Ng Charles Hok Bun $620,000
Previous Owner Ng Charles Hok Bun $617,000
Previous Owner Ng Charles Hok Bun $621,000
Previous Owner Ng Charles Hok Bun $624,000
Previous Owner Ng Charles H $624,000
Closed Hjartoy Per A $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2013 11/19/13 Sold $3,500,000 +17.1% $1,244 / Sq Ft
10/31/2013 10/31/13 Pending -- -- --
10/24/2013 10/24/13 For Sale $2,988,000 -- $1,062 / 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 $50,333 $4,206,386 $2,644,015 $1,562,371
2023 $49,594 $4,123,909 $2,592,172 $1,531,737
2022 $49,109 $4,043,049 $2,541,346 $1,501,703
2021 $48,143 $3,963,774 $2,491,516 $1,472,258
2020 $47,137 $3,923,131 $2,465,969 $1,457,162
2019 $46,622 $3,846,208 $2,417,617 $1,428,591
2018 $45,328 $3,770,793 $2,370,213 $1,400,580
2017 $44,534 $3,696,857 $2,323,739 $1,373,118
2016 $43,372 $3,624,371 $2,278,176 $1,346,195
2015 $42,874 $3,569,930 $2,243,956 $1,325,974
2014 $42,159 $3,500,000 $2,200,000 $1,300,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81338878

MLSListings

APN: 127-43-033