NOT LISTED FOR SALE

Estimated Value: $3,291,717 - $3,871,000

3 Beds
2 Baths
1,996 Sq Ft
$1,810/Sq Ft Est. Value

Last Sold August 01, 2013

Last sale price $2,223,000 $1,114 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $21,950/month

20 Days on Market

Highlights

  • Primary Bedroom Suite
  • Wood Flooring
  • Combination Dining and Living Room
  • Addison Elementary School Rated A+
  • Forced Air Heating System
  • Wood Burning Fireplace

About This Home

As of August 2013

Charming, light-filled North Palo Alto home. Family friendly floor plan with wrap-around flagstone patio, perfect for entertaining. Master suite has a separate office and basement provides an additional 600 sf of bonus space. Enjoy living on a quiet street within walking distance of downtown Palo Alto.

Last Agent to Sell the Property

Michael Dreyfus

Golden Gate Sotheby's International Realty License #01121795 Listed on: 05/30/2013

Golden Gate Sotheby's International Realty

Last Buyer's Agent

Omar M. Kinaan

Taylor & Huang Properties Inc License #01723115

Taylor & Huang Properties Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,392

Year Built

  • Built in 1912

Lot Details

  • Zoning described as R1

Parking

  • Off-Street Parking

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,996 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 003-01-006

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,392

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Age: 101
  • Sale Price Per Sq Ft: 1113.73
  • Listing Class: Residential
  • Structure Sq Ft: 1996
  • Incorporated: Yes
  • Map Book Page: 790
  • Map Side Coordinate: 3
  • Map Top Coordinate: J
  • Thomas Bros Page: 790
  • Thomas Brothers: J3
  • Year Built: 1912
  • 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 Area in Living Room, No Informal Dining Room
  • Living Sq Ft: 1996
  • Stories: 2
  • Bedrooms: Primary Suite / Retreat
  • Flooring: Carpet - Wall to Wall, Hardwood
  • Maximum Bathrooms: 2
  • Maximum Numberof Bedrooms: 3
  • Minimum Bathrooms: 2
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Pool - No
  • Roof: Composition

Garage/Parking

  • Garage Parking Features: Off-Street Parking

Utilities

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

Schools

  • School District: Palo Alto Unified

Lot Info

  • Parcel Number: 003-01-006
  • List Price per Sq Ft: 1099.70
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5170.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 5170.00
  • Lot Size Area Min Search: 5170.00
  • Maximum Lot Size: 5170.00
  • Map Book: Thomas Bros

Multi Family

  • Maximum Building Height: 2
  • Minimum Building Height: 2

MLS Schools

  • High School District Text: Palo Alto Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2013
Closed on
Jul 25, 2013
Sold by
Akin T Allen and Arden Michelle J
Bought by
Wang Qian and Li Hongbin
Seller's Agent
Michael Dreyfus
Golden Gate Sotheby's International Realty
Buyer's Agent
Omar M. Kinaan
Taylor & Huang Properties Inc
List Price
$2,195,000
Sold Price
$2,223,000
Premium/Discount to List
$28,000
1.28%
Current Estimated Value
$3,613,179

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,390,179
Avg. Annual Appreciation
4.21%
Original Mortgage
$1,499,900
Outstanding Balance
$1,050,558
Interest Rate
2.92%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,616,125

Purchase Details

Closed on
Oct 24, 2005
Sold by
Akin T Allen and Arden Michelle J
Bought by
Akin T Allen and Arden Michelle J
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
Wang Qian -- Chicago Title Company
Akin T Allen -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Qian $1,499,900
Previous Owner Akin T Allen $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2013 08/01/13 Sold $2,223,000 +1.3% $1,114 / Sq Ft
06/19/2013 06/19/13 Pending -- -- --
05/30/2013 05/30/13 For Sale $2,195,000 -- $1,100 / 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 $32,392 $2,725,082 $2,451,721 $273,361
2024 $32,392 $2,671,650 $2,403,649 $268,001
2023 $31,916 $2,619,266 $2,356,519 $262,747
2022 $31,548 $2,567,909 $2,310,313 $257,596
2021 $30,927 $2,517,559 $2,265,013 $252,546
2020 $30,288 $2,491,746 $2,241,789 $249,957
2019 $29,954 $2,442,889 $2,197,833 $245,056
2018 $29,131 $2,394,990 $2,154,739 $240,251
2017 $28,620 $2,348,031 $2,112,490 $235,541
2016 $27,871 $2,301,992 $2,071,069 $230,923
2015 $27,601 $2,267,415 $2,039,960 $227,455
2014 $27,051 $2,223,000 $2,000,000 $223,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81318672

MLSListings

APN: 003-01-006