NOT LISTED FOR SALE

762 Stone Ln Palo Alto, CA 94303

Palo Verde Neighborhood

Estimated Value: $3,700,000 - $5,674,000

3 Beds
2 Baths
1,840 Sq Ft
$2,521/Sq Ft Est. Value

Last Sold April 26, 2021

Last sale price $4,150,000 $2,255 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $29,462/month

8 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • Wood Flooring
  • Palo Verde Elementary School Rated A+
  • Traditional Architecture
  • Quartz Countertops

About This Home

As of April 2021

Turnkey home flooded with natural light on an expansive 11,782 lot on a tree lined cul-de-sac. Charming curb appeal, sprawling lot & open, fluid floor plan. Lovingly maintained & tastefully updated with appealing elements - hardwood floors, fresh paint inside & out, broad windows. Welcoming foyer & bright kitchen with new Silestone counters, porcelain floor tile, abundant white cabinetry, pantry & stainless appliances. Open living/dining room with wood burning fireplace. Breathtaking family room with vaulted ceiling & fresh carpet flows to new redwood deck. Two sunny secondary bedrooms & private primary suite. Two updated baths with new fixtures. Enormous rear yard with deck, patio, level lawn & shade trees - an amazing destination for outdoor entertaining, al fresco dining & play. Full laundry room & 2-car garage. This property offers incredible expansion potential. Prime location close to multiple parks, shopping, commuter routes, Stanford, tech campuses & top Palo Alto schools.

Last Agent to Sell the Property

Billy McNair

Compass License #01343603 Listed on: 04/12/2021

Compass

Last Buyer's Agent

Michael Repka

Deleon Realty License #70010006

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $52,553

Year Built

  • 1956

Lot Details

  • 0.27 Acre Lot
  • Fenced
  • Level Lot
  • Sprinkler System
  • Back Yard

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Guest Parking
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,840 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Formal Entry
  • Separate Family Room
  • Dining Area
  • Utility Room
  • Laundry Room
  • Neighborhood Views

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Forced Air Heating System

Home Details

Home Type

Single Family

Est. Annual Taxes

$52,553

Year Built

1956

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1B8
  • Subclass: Single Family Home
  • Style: Ranch, Traditional
  • Age: 65
  • Listing Class: Residential
  • Structure Sq Ft: 1840
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1956

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining "L", Dining Area, Eat In Kitchen
  • Kitchen: Cooktop - Electric, Countertop - Quartz, Dishwasher, Garbage Disposal, Microwave, Oven - Built-In, Oven - Electric, Pantry
  • Fireplace: Yes
  • Living Sq Ft: 1840
  • Stories: 1
  • Bedrooms: Ground Floor Bedroom, Primary Bedroom On Ground Floor, More Than One Bedroom On Ground Floor
  • Laundry: In Utility Room, Inside
  • Flooring: Carpet, Tile, Wood
  • Additional Rooms: Formal Entry, Laundry Room, Utility Room
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Full On Ground Floor, Primary - Stall Shower(s), Shower Over Tub - 1, Tile, Updated Bath

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition, Shingle
  • View: Neighborhood
  • Yard/Grounds: Back Yard, Balcony / Patio, Deck, Fenced, Sprinklers - Lawn

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Gate / Door Opener, Guest / Visitor Parking, Off-Street Parking

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Vaulted Ceiling

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
  • Lot Acres: 0.2705
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 11782.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 11782.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2021
Closed on
Apr 26, 2021
Sold by
Gertrude Landgraf Marilyn
Bought by
W/M Landgraf Family Trust
Seller's Agent
Billy McNair
Compass
Buyer's Agent
Michael Repka
Deleon Realty
List Price
$3,375,000
Sold Price
$4,150,000
Premium/Discount to List
$775,000
22.96%
Current Estimated Value
$4,639,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$489,349
Avg. Annual Appreciation
2.58%
Original Mortgage
$2,600,000
Outstanding Balance
$2,358,849
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$2,280,500

Purchase Details

Listed on
Apr 12, 2021
Closed on
Apr 23, 2021
Sold by
Landgraf Thomas K and Landgraf Michael W
Bought by
Narkhede Ninad C and Narkhede She
Seller's Agent
Billy McNair
Compass
Buyer's Agent
Michael Repka
Deleon Realty
List Price
$3,375,000
Sold Price
$4,150,000
Premium/Discount to List
$775,000
22.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,600,000
Outstanding Balance
$2,358,849
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$2,280,500

Purchase Details

Closed on
Mar 23, 2018
Sold by
Landgraf William C and Landgraf Marilyn G
Bought by
Landgraf Marilyn G and The W M Landgraf Family Trust
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
W/M Landgraf Family Trust -- --
Narkhede Ninad C $4,150,000 Lawyers Title Company
W/M Landgraf Family Trust -- --
Landgraf Marilyn G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Narkhede Ninad C $2,600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2021 04/26/21 Sold $4,150,000 +23.0% $2,255 / Sq Ft
04/21/2021 04/21/21 Pending -- -- --
04/12/2021 04/12/21 For Sale $3,375,000 -- $1,834 / 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 $52,553 $4,877,641 $4,113,241 $764,400
2024 $52,553 $4,470,972 $4,032,590 $438,382
2023 $51,011 $4,317,660 $3,953,520 $364,140
2022 $50,434 $4,233,000 $3,876,000 $357,000
2021 $1,435 $117,331 $40,736 $76,595
2020 $1,405 $116,129 $40,319 $75,810
2019 $1,389 $113,853 $39,529 $74,324
2018 $1,364 $111,621 $38,754 $72,867
2017 $1,339 $109,434 $37,995 $71,439
2016 $1,291 $107,289 $37,250 $70,039
2015 $1,277 $105,678 $36,691 $68,987
2014 $1,258 $103,609 $35,973 $67,636
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2021

    Billy McNair

    Compass

    Section Image
  • Michael Repka

    Buyer's Agent in 2021

    Michael Repka

    Deleon Realty

    (650) 488-7325

    9 in this area

    778 Total Sales

    Michael Repka
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81838538

MLSListings

APN: 127-47-011

California Santa Clara County Palo Alto 94303 Palo Verde

762 Stone Ln, Palo Alto, CA

This home is located at 762 Stone Ln, Palo Alto, CA 94303 since 12 April 2021 and is currently estimated at $4,639,349, approximately $2,521 per square foot. This property was built in 1956. 762 Stone Ln is a home located in Santa Clara County with nearby schools including Palo Verde Elementary School, Jane Lathrop Stanford Middle School, and Henry M. Gunn High School.

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