NOT LISTED FOR SALE

Estimated Value: $3,674,000 - $5,216,000

3 Beds
2 Baths
1,456 Sq Ft
$3,003/Sq Ft Est. Value

Last Sold October 05, 2012

Last sale price $1,528,600 $1,050 Per Sq Ft

Est. 186% increase in value since last sale

Current estimated payment $26,358/month

10 Days on Market

Highlights

  • Primary Bedroom Suite
  • Eichler Home
  • Bathtub with Shower
  • El Carmelo Elementary School Rated A+
  • Breakfast Room
  • Tile Flooring

About This Home

As of October 2012

Classic Eichler home located on a large quiet cul-de-sac. Update, remodel or build your dream home Unlimited potentialon this private large lot. Walls of Windows let in the natural light.Garage converted to family room with permits. City of Palo Alto has lot size of 7,696 and City of PA has 8,495. Buyer to verify

Last Agent to Sell the Property

Ruth Mistry

Coldwell Banker Realty License #01236803 Listed on: 09/06/2012

Coldwell Banker Realty

Last Buyer's Agent

Perez & Ruth Mistry

Coldwell Banker Realty License #01403778

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,000

Year Built

  • Built in 1953

Lot Details

  • Fenced
  • Level Lot
  • Zoning described as R1

Parking

  • 1 Carport Space

Home Design

  • Eichler Home
  • Slab Foundation
  • Tar and Gravel Roof

Interior Spaces

  • 1,456 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Separate Family Room
  • Breakfast Room
  • Formal Dining Room
  • Tile Flooring
  • Dryer

Kitchen

  • Built-In Oven
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Bathtub with Shower

Utilities

  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 127-52-039

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,000

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Style: Eichler
  • Age: 59
  • Sale Price Per Sq Ft: 1049.86
  • Listing Class: Residential
  • Structure Sq Ft: 1456
  • Builder Architect: Eichler
  • Barclay Horizontal: 12
  • Barclays Page: 12
  • Incorporated: Yes
  • Map Book Page: 791
  • Map Book Page Secondary: 12
  • Map Side Coordinate: 6
  • Map Side Coordinate Secondary: 82
  • Map Top Coordinate: D
  • Map Top Coordinate Secondary: 12
  • Thomas Bros Page: 791
  • Thomas Brothers: D6
  • Year Built: 1953
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Burning, Yes
  • Dining Room: Formal Dining Room, Breakfast Room
  • Kitchen: Dishwasher, Cooktop, Garbage Disposal, Refrigerator, Oven - Built-In
  • Living Sq Ft: 1456
  • Stories: 1
  • Bedrooms: Primary Suite / Retreat
  • Laundry: In Laundry Room, Dryer
  • Flooring: Carpet - Area, Tile, Carpet - Wall to Wall
  • Maximum Bathrooms: 2
  • Maximum Numberof Bedrooms: 3
  • Minimum Bathrooms: 2
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Showers over Tubs - 2+, Tubs - 2+, No Stall Shower

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Pool - No
  • Roof: Tar and Gravel
  • View: Local/Neighborhood
  • Yard/Grounds: Fenced
  • Exterior: Wood

Garage/Parking

  • Garage Parking Features: Converted
  • Carport Max: 1
  • Carport Min: 1

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Baseboard
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Schools

  • School District: Palo Alto Unified
  • Elementary School: Palo Verde Elementary
  • Middle School: Jane Lathrop Stanford Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 320
  • Middle School: 322

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 127-52-039
  • Lot Location: Court
  • List Price per Sq Ft: 848.56
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7696.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 7696.00
  • Lot Size Area Min Search: 7696.00
  • Maximum Lot Size: 7696.00
  • 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
  • Elementary School Text: Palo Verde Elementary
  • High School Text: Palo Alto High
  • Middle School Text: Jane Lathrop Stanford Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2013
Sold by
Chan Eric K Y and Young Rebecca Z
Bought by
Chan Eric K Y and Young Rebecca Z
Current Estimated Value
$4,372,015

Purchase Details

Listed on
Sep 6, 2012
Closed on
Sep 27, 2012
Sold by
Aval Behrooz A
Bought by
Chan Eric and Young Rebecca
Seller's Agent
Ruth Mistry
Coldwell Banker Realty
Buyer's Agent
Perez & Ruth Mistry
Coldwell Banker Realty
List Price
$1,235,500
Sold Price
$1,528,600
Premium/Discount to List
$293,100
23.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.48%
Original Mortgage
$1,200,000
Outstanding Balance
$799,633
Interest Rate
2.65%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,572,382

Purchase Details

Closed on
Feb 19, 2009
Sold by
Mafi Perry D
Bought by
The Perry D Mafi Living Trust and Mafi Perry D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,500
Interest Rate
2.2%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
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
Chan Eric K Y -- None Available
Chan Eric $1,529,000 Chicago Title Company
The Perry D Mafi Living Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chan Eric $1,200,000
Previous Owner Mafi Perry D $625,500
Previous Owner Mafi Perry D $60,000
Previous Owner Mafi Perry D $155,850
Previous Owner Mafi Perry D $157,000
Previous Owner Mafi Perry D $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2012 10/05/12 Sold $1,528,600 +23.7% $1,050 / Sq Ft
09/16/2012 09/16/12 Pending -- -- --
09/06/2012 09/06/12 For Sale $1,235,500 -- $849 / 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 $31,000 $2,613,652 $1,514,652 $1,099,000
2024 $31,000 $2,553,073 $1,484,953 $1,068,120
2023 $31,000 $2,394,837 $1,455,837 $939,000
2022 $28,160 $2,283,292 $1,427,292 $856,000
2021 $26,924 $2,181,306 $1,399,306 $782,000
2020 $27,111 $2,221,898 $1,384,958 $836,940
2019 $22,603 $1,823,922 $1,357,802 $466,120
2018 $19,946 $1,614,829 $1,331,179 $283,650
2017 $20,053 $1,621,903 $1,305,078 $316,825
2016 $19,526 $1,590,102 $1,279,489 $310,613
2015 $19,335 $1,566,218 $1,260,270 $305,948
2014 $18,918 $1,535,539 $1,235,584 $299,955
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81232970

MLSListings

APN: 127-52-039