NOT LISTED FOR SALE

Estimated Value: $3,448,000 - $4,024,292

4 Beds
1.5 Baths
1,975 Sq Ft
$1,910/Sq Ft Est. Value

Last Sold June 29, 2022

Last sale price $3,250,000 $1,646 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $23,418/month

10 Days on Market

Highlights

  • Wood Flooring
  • Formal Dining Room
  • Laundry in Utility Room
  • Barron Park Elementary School Rated A+
  • 2 Car Detached Garage
  • Forced Air Heating System

About This Home

As of June 2022

Lovely ranch home with a large detached workshop/studio. Situated on a quarter of an acre with mature landscaping and a prime location in Barron Park, a neighborhood known for its charming rural feel and accessibility to highly-rated schools. The home features hardwood floors, a spacious living room with fireplace overlooking a private front courtyard, separate dining room, and eat-in kitchen. Find multiple outdoor entertaining areas surrounded by lush fruit trees and beautifully landscaped planting beds, along with a detached 2-car garage and workshop/studio with potential for an ADU. A unique opportunity to tailor this special property into your own vision. Easy access to major Silicon Valley employers, Stanford University, and well-situated to take advantage of all that living in Palo Alto has to offer.

Last Agent to Sell the Property

Michael Dreyfus

Golden Gate Sotheby's International Realty License #01121795 Listed on: 05/19/2022

Golden Gate Sotheby's International Realty

Last Buyer's Agent

Xin Jiang

Compass License #01961451

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,838

Year Built

  • 1951

Lot Details

  • 0.25

Parking

  • 2 Car Detached Garage
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Shake Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,975 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Formal Dining Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry in Utility Room
  • Washer and Dryer

Additional Features

  • 0.25 Acre Lot
  • Forced Air Heating System

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,838

Year Built

1951

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Age: 71
  • Listing Class: Residential
  • Structure Sq Ft: 1975
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1951

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Formal Dining Room
  • Fireplace: Yes
  • Living Sq Ft: 1975
  • Stories: 1
  • Laundry: In Utility Room, Washer / Dryer
  • Flooring: Hardwood, Tile
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Shake

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Detached Garage, Off-Street Parking, On Street

Utilities

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

Schools

  • School District: Palo Alto Unified
  • Elementary School: Barron Park Elementary
  • Middle School: Ellen Fletcher Middle
  • High School: Henry M. Gunn High
  • High School: 325
  • Elementary School: 310
  • Middle School: 323

Lot Info

  • Lot Acres: 0.2525
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10998.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 10998.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2022
Closed on
Jun 16, 2022
Sold by
Anderson Family Trust
Bought by
Li Xiaohu and Zhang Junruo
Seller's Agent
Michael Dreyfus
Golden Gate Sotheby's International Realty
Buyer's Agent
Xin Jiang
Compass
List Price
$3,388,800
Sold Price
$3,250,000
Premium/Discount to List
-$138,800
-4.1%
Current Estimated Value
$3,772,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$522,323
Avg. Annual Appreciation
4.20%
Original Mortgage
$2,600,000
Outstanding Balance
$2,449,843
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$1,258,588

Purchase Details

Closed on
Oct 26, 2017
Sold by
Anderson Weston A and Anderson Family Trust
Bought by
Anderson Weston A and Anderson Survivors Trust

Purchase Details

Closed on
Dec 4, 1971
Sold by
Anderson Survivors Trust
Bought by
Anderson 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
Li Xiaohu $3,250,000 Chicago Title
Anderson Weston A -- None Available
Anderson Family Trust -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Xiaohu $2,600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2022 06/29/22 Sold $3,250,000 -4.1% $1,646 / Sq Ft
05/30/2022 05/30/22 Pending -- -- --
05/19/2022 05/19/22 For Sale $3,388,800 -- $1,716 / 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 $39,838 $4,168,744 $3,289,744 $879,000
2024 $39,838 $3,381,300 $3,225,240 $156,060
2023 $39,259 $3,315,000 $3,162,000 $153,000
2022 $46,768 $3,925,000 $3,785,000 $140,000
2021 $1,471 $120,324 $40,736 $79,588
2020 $1,440 $119,091 $40,319 $78,772
2019 $1,424 $116,757 $39,529 $77,228
2018 $1,397 $114,468 $38,754 $75,714
2017 $1,371 $112,225 $37,995 $74,230
2016 $1,323 $110,025 $37,250 $72,775
2015 $1,308 $108,373 $36,691 $71,682
2014 $1,289 $106,251 $35,973 $70,278
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81892482

MLSListings

APN: 137-13-091