NOT LISTED FOR SALE

Estimated Value: $4,792,000 - $5,460,000

5 Beds
3 Baths
2,260 Sq Ft
$2,217/Sq Ft Est. Value

Last Sold October 27, 2015

Last sale price $3,510,000 $1,553 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $31,316/month

4 Days on Market

Highlights

  • Craftsman Architecture
  • Vaulted Ceiling
  • Granite Countertops
  • Addison Elementary School Rated A+
  • Wood Flooring
  • Breakfast Area or Nook

About This Home

As of October 2015

BURSTING WITH CHARM & CHARACTER, THIS CAPTIVATING 1920S CRAFTSMAN IS JUST 5 BLOCKS TO DOWNTOWN & NEAR LUCIE STERN COMMUNITY CENTER & RINCONADA PARK. THE SPACIOUS FLOOR PLAN HAS BEEN REMODELED & EXPANDED TO BLEND PERIOD DETAILS W/MODERN DAY AMENITIES. THE FORMAL LIVING AREAS FLOW INTO THE UPDATED GRANITE KITCHEN W/ADJOINING BREAKFAST NOOK. PICTURESQUE GATED LOT FEATURES A WHIMSICAL SITTING AREA W/FOUNTAIN, DECK & GARDEN AREA. HARDWOOD FLOORS, SOARING VAULTED CEILINGS, RECESSED LIGHTING & 2-CAR GARAGE.

Last Agent to Sell the Property

Sherry Bucolo

Compass License #00613242 Listed on: 10/01/2015

Compass

Last Buyer's Agent

Zachary Trailer

Compass License #01371338

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $48,774

Year Built

  • Built in 1922

Lot Details

  • 7,405 Sq Ft Lot
  • Fenced
  • Zoning described as R1

Parking

  • 2 Car Garage

Home Design

  • Craftsman Architecture
  • Wood Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,260 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Formal Dining Room
  • Unfinished Basement

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Gas Cooktop
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms
  • Dual Sinks
  • Bathtub Includes Tile Surround

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 003-31-052

Home Details

Home Type

Single Family

Est. Annual Taxes

$48,774

Year Built

Built in 1922

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Craftsman
  • Age: 93
  • Listing Class: Residential
  • Structure Sq Ft: 2260
  • Year Built: 1922
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Breakfast Nook, Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Garbage Disposal, Oven - Built-In, Refrigerator
  • Living Sq Ft: 2260
  • Stories: 2
  • Laundry: Hookup - Washer/Dryer
  • Flooring: Carpet, Hardwood, Tile
  • Additional Rooms: Basement - Unfinished
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Bathroom: Double Sinks, Tile
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Wood Shakes / Shingles
  • Fencing: Fenced

Garage/Parking

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

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Vaulted Ceiling

Schools

  • School District: Palo Alto Unified
  • Elementary School: Addison Elementary
  • Middle School: David Starr Jordan Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 309
  • Middle School: 329

Lot Info

  • Parcel Number: 003-31-052
  • Lot Acres: 0.1700
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7382.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7382.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Addison Elementary
  • High School Text: Palo Alto High
  • Middle School Text: David Starr Jordan Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2015
Closed on
Oct 23, 2015
Sold by
Albano Stephen S and Rossignoli Donatella P
Bought by
The Yu Williams Family Trust and Williams Kirk
Seller's Agent
Sherry Bucolo
Compass
Buyer's Agent
Zachary Trailer
Compass
List Price
$2,995,000
Sold Price
$3,510,000
Premium/Discount to List
$515,000
17.2%
Current Estimated Value
$5,011,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,501,115
Avg. Annual Appreciation
3.68%
Original Mortgage
$2,280,000
Outstanding Balance
$1,832,577
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,178,538

Purchase Details

Closed on
Oct 25, 2006
Sold by
Mclaren Russell D
Bought by
Albano Stephen S and Rossignoli Donatella P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,260,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 22, 2003
Sold by
Bar Francois and Kendall Alison
Bought by
Mclaren Russell D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 3, 1997
Sold by
Bar Francois & Kendall Alison
Bought by
Bar Francois and Kendall Alison

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Interest Rate
7.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 30, 1995
Sold by
Brinkmann Frederick H
Bought by
Bar Francois and Kendall Alison
Source: Public Records

Range of Values:

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Average Value
Not Available
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
The Yu Williams Family Trust $3,510,000 Lawyers Title Company Of Ca
Albano Stephen S -- Old Republic Title Company
Mclaren Russell D -- Old Republic Title Company
Mclaren Russell D -- Chicago Title
Bar Francois -- --
Bar Francois $707,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yu Julia $1,580,000
Open The Yu Williams Family Trust $2,280,000
Previous Owner Albano Stephen S $1,129,000
Previous Owner Albano Stephen S $1,144,000
Previous Owner Albano Stephen S $100,000
Previous Owner Albano Stephen S $1,260,000
Previous Owner Mclaren Russell D $500,000
Previous Owner Mclaren Russell D $550,000
Previous Owner Mclaren Russell D $750,000
Previous Owner Bar Francois $620,000
Previous Owner Bar Francois $620,000
Previous Owner Bar Francois $591,200
Closed Bar Francois --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2015 10/27/15 Sold $3,510,000 +17.2% $1,553 / Sq Ft
10/06/2015 10/06/15 Pending -- -- --
10/01/2015 10/01/15 For Sale $2,995,000 -- $1,325 / 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 $48,774 $4,155,124 $3,551,390 $603,734
2024 $48,774 $4,073,652 $3,481,755 $591,897
2023 $48,058 $3,993,778 $3,413,486 $580,292
2022 $47,507 $3,915,469 $3,346,555 $568,914
2021 $46,571 $3,838,696 $3,280,937 $557,759
2020 $45,598 $3,799,336 $3,247,296 $552,040
2019 $45,097 $3,724,840 $3,183,624 $541,216
2018 $43,845 $3,651,804 $3,121,200 $530,604
2017 $43,158 $3,580,200 $3,060,000 $520,200
2016 $42,032 $3,510,000 $3,000,000 $510,000
2015 $21,487 $1,755,763 $1,365,596 $390,167
2014 $21,034 $1,721,371 $1,338,846 $382,525
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81517045

MLSListings

APN: 003-31-052