NOT LISTED FOR SALE

Estimated Value: $5,009,000 - $5,740,000

4 Beds
3.5 Baths
2,761 Sq Ft
$1,932/Sq Ft Est. Value

Last Sold April 11, 2024

Last sale price $5,400,000 $1,956 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $33,313/month

6 Days on Market

Highlights

  • Primary Bedroom Suite
  • Wood Flooring
  • High Ceiling
  • Fairmeadow Elementary School Rated A+
  • Main Floor Bedroom
  • 2-minute walk to Ramos Park

About This Home

As of April 2024

Situated near Mitchell Park, this Mediterranean-style home built in 1998 and remodeled in 2019 sprawls across 9,229 square feet. It seamlessly combines architectural elements with contemporary elegance, making a striking impression. The grand entrance welcomes you with soaring ceilings, a curved staircase, while the interior boasts coffered ceilings, skylight, and abundant recessed lighting, creating an ambiance of luxury. Offering two suites, a study corner, and additional bedrooms, the home provides ample space for relaxation and productivity. Renovated to perfection, the kitchen features Crystal cabinets, Cambria Quartz countertops, and Thermador appliances. Luxuriate in the tranquility of the three renovated bathrooms, each adorned with Porcelanosa tiles and high-end fixtures. Outside, the landscaped grounds beckon with winding pathways, terraces, and greenery. With upgraded features including new doors, baseboards, LED lights, and Hunter Douglas Blinds, this residence blends style and functionality seamlessly.

Last Agent to Sell the Property

Xiaozhu Kang

Coldwell Banker Realty License #01999507 Listed on: 03/21/2024

Coldwell Banker Realty

Co-Listed By

Susan Sun

Coldwell Banker Realty License #02038818

Last Buyer's Agent

Steve Guo

Coldwell Banker Realty License #02198579

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $51,640

Year Built

  • Built in 1998

Lot Details

  • 9,017

Parking

  • 2 Car Garage

Home Design

  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,761 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Skylights
  • Gas Fireplace
  • Bay Window
  • Formal Dining Room

Kitchen

  • Open to Family Room
  • Built-In Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bathroom on Main Level
  • Dual Sinks
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer

Additional Features

  • Zoning described as R1B8
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 127-43-040

Home Details

Home Type

Single Family

Est. Annual Taxes

$51,640

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 26
  • Listing Class: Residential
  • Structure Sq Ft: 2761
  • Year Built: 1998
  • Zoning Description: R1B8
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Burning
  • Dining Room: Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Quartz, Dishwasher, Garbage Disposal, Hood Over Range, Microwave, Oven - Built-In, Pantry, Refrigerator, Wine Refrigerator
  • Living Sq Ft: 2761
  • Stories: 2
  • Bedrooms: Ground Floor Bedroom, Primary Suite / Retreat, Primary Suite / Retreate - 2+, Walk-in Closet
  • Laundry: Washer / Dryer
  • Flooring: Tile, Wood
  • Additional Rooms: Laundry Room
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Full on Ground Floor, Half on Ground Floor, Shower and Tub, Stall Shower, Stall Shower - 2+, Tile
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Bay Window, High Ceiling, Skylight

Schools

  • School District: Palo Alto Unified

Lot Info

  • Parcel Number: 127-43-040
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9229.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9229.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2024
Closed on
Apr 3, 2024
Sold by
Yuan Jeffrey Weijie and Revo Shiwen
Bought by
Yang Zhuo and Zheng Jie
Seller's Agent
Xiaozhu Kang
Coldwell Banker Realty
Buyer's Agent
Steve Guo
Coldwell Banker Realty
List Price
$4,490,000
Sold Price
$5,400,000
Premium/Discount to List
$910,000
20.27%
Views
82
Current Estimated Value
$5,334,609

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$65,391
Avg. Annual Appreciation
-0.88%
Original Mortgage
$3,000,000
Interest Rate
6.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2021
Sold by
Yuan Jeffrey Weijie and Wang Shiwen
Bought by
Yuan Jeffrey Weijie and Wang Shiwen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,420,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 3, 2020
Sold by
Wang Shiwen and Yuan Jeffrey
Bought by
Yuan Jeffrey Weijie and Wang Shiwen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,466,000
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2019
Sold by
Wang Ray S and Wang Theresa F
Bought by
Wang Shiwen and Yuan Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 2011
Sold by
Wang Ray S and Wang Theresa F
Bought by
Wang Ray S and Wang Theresa F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 13, 2006
Sold by
Wang Ray S and Wang Theresa F
Bought by
Wang Ray S and Wang Theresa F
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
Yang Zhuo $5,400,000 Fidelity National Title Compan
Yuan Jeffrey Weijie -- Cornerstone Title Company
Yuan Jeffrey Weijie -- Lawyers Title Company
Wang Shiwen $3,948,000 Chicago Title Company
Wang Ray S -- Old Republic Title Company
Wang Ray S -- Old Republic Title Company
Wang Ray S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yang Zhuo $2,984,080
Closed Yang Zhuo $3,000,000
Previous Owner Yuan Jeffrey Weijie $99,999
Previous Owner Yuan Jeffrey Weijie $0
Previous Owner Yuan Jeffrey Weijie $2,420,000
Previous Owner Jeffrey Weijie Yuan And Shiwen Wang R $2,460,000
Previous Owner Yuan Jeffrey Weijie $2,466,000
Previous Owner Wang Shiwen $2,500,000
Previous Owner Wang Ray S $175,000
Previous Owner Wang Ray S $693,778
Previous Owner Wang Ray S $720,000
Previous Owner Wang Ray S $729,000
Previous Owner Wang Ray S $250,000
Previous Owner Wang Ray S $520,000
Previous Owner Wang Ray S $498,000
Previous Owner Wang Ray S $500,000
Previous Owner Wang Ray S $499,950
Previous Owner Wang Ray S $520,000
Previous Owner Wang Ray S $59,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2024 04/11/24 Sold $5,400,000 +20.3% $1,956 / Sq Ft
03/27/2024 03/27/24 Pending -- -- --
03/21/2024 03/21/24 For Sale $4,490,000 -- $1,626 / 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 $51,640 $5,508,000 $4,488,000 $1,020,000
2024 $51,640 $4,317,711 $3,827,760 $489,951
2023 $50,882 $4,233,051 $3,752,706 $480,345
2022 $50,300 $4,150,051 $3,679,124 $470,927
2021 $49,309 $4,068,679 $3,606,985 $461,694
2020 $48,278 $4,026,960 $3,570,000 $456,960
2019 $8,626 $723,160 $227,155 $496,005
2018 $8,396 $708,981 $222,701 $486,280
2017 $8,248 $695,081 $218,335 $476,746
2016 $8,794 $681,453 $214,054 $467,399
2015 $8,702 $671,218 $210,839 $460,379
2014 $8,455 $658,070 $206,709 $451,361
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81958270

MLSListings

APN: 127-43-040