NOT LISTED FOR SALE

Estimated Value: $3,014,479 - $4,253,000

2 Beds
2 Baths
1,035 Sq Ft
$3,229/Sq Ft Est. Value

Last Sold October 23, 2014

Last sale price $2,525,000 $2,440 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $20,116/month

16 Days on Market

Highlights

  • Wood Flooring
  • Neighborhood Views
  • Covered Patio or Porch
  • Juana Briones Elementary School Rated A+
  • Cottage
  • 3-minute walk to Juana Briones Park

About This Home

As of October 2014

Charming, well-crafted home has been a family retreat for decades. Oak floors, fireplace, efficient kitchen, attached garage. Exceptional landscaping with custom brick driveway, walks, sitting walls, terrace and fountain. Lg. gazebo w/buffet.

Last Agent to Sell the Property

Nancy Goldcamp

Coldwell Banker Realty License #00787851 Listed on: 09/10/2014

Coldwell Banker Realty

Last Buyer's Agent

Erika Enos

Keller Williams Palo Alto License #00706554

Keller Williams Palo Alto

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,459

Year Built

  • Built in 1950

Lot Details

  • Level Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Zoning described as R1B1

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Cottage
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,035 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Bay Window
  • Living Room with Fireplace
  • Neighborhood Views
  • Attic Fan

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Gazebo

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • 220 Volts
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 137-21-086

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,459

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Cottage/Bungalow
  • Sale Price Per Sq Ft: 2439.61
  • Listing Class: Residential
  • Structure Sq Ft: 1035
  • Incorporated: Yes
  • Map Book Page: 811
  • Map Side Coordinate: 2
  • Map Top Coordinate: C
  • Thomas Bros Page: 811
  • Thomas Brothers: C2
  • Year Built: 1950
  • Zoning Description: R1B1
  • 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, Refrigerator, Microwave, Oven - Built-In, 220 Volt Outlet
  • Living Sq Ft: 1035
  • Stories: 1
  • Laundry: In Garage, Dryer, Washer, 220 Volt Outlet
  • Flooring: Tile, Hardwood
  • Maximum Bathrooms: 2
  • Minimum Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage, Gate / Door Opener

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Bay Window

Schools

  • High School: 325

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 137-21-086
  • List Price per Sq Ft: 1927.54
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8325.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 8325.00
  • Lot Size Area Min Search: 8325.00
  • Maximum Lot Size: 8325.00
  • Map Book: Thomas Bros

Green Features

  • Energy Features: Attic Fan

Multi Family

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

MLS Schools

  • High School District Text: Palo Alto Unified
  • High School Text: Henry M. Gunn High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2014
Closed on
Oct 6, 2014
Sold by
Stabilus Investment S A
Bought by
Luo Olavson Living Trust and Luo Kay
Seller's Agent
Nancy Goldcamp
Coldwell Banker Realty
Buyer's Agent
Erika Enos
Keller Williams Palo Alto
List Price
$1,995,000
Sold Price
$2,525,000
Premium/Discount to List
$530,000
26.57%
Current Estimated Value
$3,342,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$817,120
Avg. Annual Appreciation
2.58%
Original Mortgage
$1,000,000
Outstanding Balance
$720,557
Interest Rate
2.55%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,621,563
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
Luo Olavson Living Trust $2,525,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luo Olavson Living Trust $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2014 10/23/14 Sold $2,525,000 +26.6% $2,440 / Sq Ft
09/26/2014 09/26/14 Pending -- -- --
09/10/2014 09/10/14 For Sale $1,995,000 -- $1,928 / 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 $31,459 $2,644,063 $2,523,882 $120,181
2024 $31,459 $2,592,220 $2,474,395 $117,825
2023 $30,997 $2,541,393 $2,425,878 $115,515
2022 $30,639 $2,491,562 $2,378,312 $113,250
2021 $30,036 $2,442,709 $2,331,679 $111,030
2020 $29,416 $2,417,663 $2,307,771 $109,892
2019 $29,092 $2,370,259 $2,262,521 $107,738
2018 $28,293 $2,323,784 $2,218,158 $105,626
2017 $27,797 $2,278,220 $2,174,665 $103,555
2016 $27,069 $2,233,550 $2,132,025 $101,525
2015 $26,806 $2,200,000 $2,100,000 $100,000
2014 $5,673 $415,940 $207,970 $207,970
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81433020

MLSListings

APN: 137-21-086