NOT LISTED FOR SALE

762 Garland Dr Palo Alto, CA 94303

Old Palo Alto Neighborhood

Estimated Value: $3,410,000 - $7,819,000

4 Beds
2 Baths
1,780 Sq Ft
$3,492/Sq Ft Est. Value

Last Sold May 07, 2013

Last sale price $2,121,000 $1,192 Per Sq Ft

Est. 204% increase in value since last sale

Current estimated payment $39,953/month

9 Days on Market

Highlights

  • Primary Bedroom Suite
  • Living Room with Fireplace
  • Eat-In Kitchen
  • Walter Hays Elementary Rated A+
  • Wood Flooring
  • Forced Air Heating System

About This Home

As of May 2013

Located on a quiet tree-lined cul-de-sac, this home has a wonderful open floor plan, spacious kitchen and four good-sized bedrooms. Large, beautiful landscape backyard with an inviting covered patio and spaces for entertainment, relaxation and play! A peaceful oasis yet in close proximity to schools, shopping, parks, and transportation.

Last Agent to Sell the Property

Tim Foy

Midtown Realty License #00849721 Listed on: 04/09/2013

Last Buyer's Agent

Ken Deleon

Deleon Realty License #01342140

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $58,180

Year Built

  • Built in 1947

Lot Details

  • Fenced
  • Level Lot
  • Zoning described as R1

Parking

  • 2 Car Garage

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,780 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Laundry in Garage

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 003-61-045

Home Details

Home Type

Single Family

Est. Annual Taxes

$58,180

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Age: 66
  • Sale Price Per Sq Ft: 1191.57
  • Listing Class: Residential
  • Structure Sq Ft: 1780
  • Barclay Horizontal: 11
  • Barclays Page: 12
  • Incorporated: Yes
  • Map Book Page: 791
  • Map Book Page Secondary: 12
  • Map Side Coordinate: 6
  • Map Side Coordinate Secondary: 83
  • Map Top Coordinate: C
  • Map Top Coordinate Secondary: 11
  • Thomas Bros Page: 791
  • Thomas Brothers: C6
  • Year Built: 1947
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Fireplace: Living Room, Wood Burning, Yes
  • Dining Room: Dining "L", Eat in Kitchen
  • Kitchen: Dishwasher, Cooktop, Garbage Disposal, Oven - Built-In
  • Living Sq Ft: 1780
  • Stories: 1
  • Bedrooms: Primary Suite / Retreat
  • Laundry: In Garage, 220 Volt Outlet
  • Flooring: Tile, Carpet - Wall to Wall, Hardwood
  • Maximum Bathrooms: 2
  • Maximum Numberof Bedrooms: 4
  • Minimum Bathrooms: 2
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Pool - No
  • Roof: Composition
  • View: Local/Neighborhood
  • Yard/Grounds: Patio(s), Patio(s)/Deck(s) - Covered, Sprinkler(s) - Front, Sprinkler(s) - Rear, Fenced
  • Exterior: Wood

Garage/Parking

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

Utilities

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

Schools

  • School District: Palo Alto Unified

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 003-61-045
  • Lot Location: Cul-de-Sac
  • List Price per Sq Ft: 1008.43
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7500.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 7500.00
  • Lot Size Area Min Search: 7500.00
  • Maximum Lot Size: 7500.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Multi Family

  • Maximum Building Height: 1
  • Minimum Building Height: 1

MLS Schools

  • High School District Text: Palo Alto Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 17, 2019
Sold by
Li Chen Guoqiang and Li Yan
Bought by
Li Chen Guoqiang and Li Yan
Current Estimated Value
$6,442,809

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,480,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 18, 2015
Sold by
Chen Guoqiang and Yan Li
Bought by
Guoqiang Chen & Li Yan Revocable Trust and Li Yan

Purchase Details

Listed on
Apr 9, 2013
Closed on
Apr 24, 2013
Sold by
Hoover Janette Marie and Olszewski Ray
Bought by
Chen Guoqiang and Yan Li
Seller's Agent
Tim Foy
Midtown Realty
Buyer's Agent
Ken Deleon
Deleon Realty
List Price
$1,795,000
Sold Price
$2,121,000
Premium/Discount to List
$326,000
18.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.38%
Original Mortgage
$1,696,800
Interest Rate
2.25%
Mortgage Type
New Conventional
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
Li Chen Guoqiang -- First American Title
Guoqiang Chen & Li Yan Revocable Trust -- None Available
Chen Guoqiang $2,120,750 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Guoqiang $1,424,000
Closed Li Chen Guoqiang $1,480,000
Closed Chen Guoqiang $1,696,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2013 05/07/13 Sold $2,121,000 +18.2% $1,192 / Sq Ft
04/18/2013 04/18/13 Pending -- -- --
04/09/2013 04/09/13 For Sale $1,795,000 -- $1,008 / 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 $58,180 $4,972,135 $2,350,668 $2,621,467
2024 $58,180 $4,874,643 $2,304,577 $2,570,066
2023 $57,327 $4,779,063 $2,259,390 $2,519,673
2022 $56,672 $4,685,357 $2,215,089 $2,470,268
2021 $55,556 $4,593,488 $2,171,656 $2,421,832
2020 $54,392 $4,546,389 $2,149,389 $2,397,000
2019 $53,796 $4,457,245 $2,107,245 $2,350,000
2018 $28,989 $2,389,927 $2,065,927 $324,000
2017 $25,436 $2,085,119 $2,025,419 $59,700
2016 $26,750 $2,206,337 $1,985,705 $220,632
2015 $26,490 $2,173,196 $1,955,878 $217,318
2014 $25,958 $2,130,628 $1,917,566 $213,062
Source: Public Records

Agents Affiliated with this Home

  • Tim Foy

    Seller's Agent in 2013

    Tim Foy

    Midtown Realty

    (650) 387-5078

    4 in this area

    95 Total Sales

    Section Image
  • Ken Deleon

    Buyer's Agent in 2013

    Ken Deleon

    Deleon Realty

    (650) 380-1420

    3 Total Sales

    Section Image
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Map

Source: MLSListings

MLS Number: ML81311716

MLSListings

APN: 003-61-045

California Santa Clara County Palo Alto 94303 Old Palo Alto

762 Garland Dr, Palo Alto, CA

This home is located at 762 Garland Dr, Palo Alto, CA 94303 since 09 April 2013 and is currently estimated at $6,215,614, approximately $3,491 per square foot. This property was built in 1947. 762 Garland Dr is a home located in Santa Clara County with nearby schools including Walter Hays Elementary, Frank S. Greene Jr. Middle, and Palo Alto High School.

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