NOT LISTED FOR SALE

Estimated Value: $5,937,000 - $8,073,000

4 Beds
4.5 Baths
3,422 Sq Ft
$2,107/Sq Ft Est. Value

Last Sold April 12, 2017

Last sale price $5,500,000 $1,607 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $45,577/month

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • 2 Fireplaces
  • Walter Hays Elementary Rated A+
  • Marble Countertops
  • High Ceiling

About This Home

As of April 2017

Exquisite Character with High-End Amenities. This opulent home of 4 bedrooms, 4.5 bathrooms, and 3,422 sq. ft. (per county) is nestled on a lot of 9,514 sq. ft. (per county) in the Green Gables neighborhood and infuses its large spaces with efficient luxury. Banks of windows allow cascades of sunshine to highlight open-concept areas and gorgeous wood floors, while sizable, well-appointed rooms create functional versatility. Extraordinary features include two fireplaces, a sumptuous master suite, a tree-lined backyard, and a dramatic, professional-grade kitchen. Stroll to Rinconada Park and top-performing schools like Walter Hays Elementary (API 934) and Jordan Middle (API 934), and easily bike to Palo Alto High (API 905) (buyer to verify eligibility).

Last Agent to Sell the Property

Michael Repka

Deleon Realty License #70010006 Listed on: 04/12/2017

Last Buyer's Agent

Michael Repka

Deleon Realty License #70010006 Listed on: 04/12/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $75,418

Year Built

  • 1951

Lot Details

  • 9,496 Sq Ft Lot
  • Wood Fence
  • Sprinklers on Timer
  • Back Yard

Parking

  • 2 Car Garage
  • Garage Door Opener
  • On-Street Parking

Home Design

  • Contemporary Architecture
  • Post and Beam
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,422 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Skylights
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Formal Entry
  • Combination Dining and Living Room
  • Den
  • Crawl Space
  • Alarm System
  • Washer and Dryer

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Double Self-Cleaning Oven
  • Electric Oven
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Kitchen Island
  • Marble Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • Granite Bathroom Countertops
  • Bidet
  • Dual Sinks
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Eco-Friendly Details

  • ENERGY STAR/CFL/LED Lights

Outdoor Features

  • Balcony
  • Built-In Barbecue

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Thermostat
  • Separate Meters
  • 220 Volts
  • Individual Gas Meter

Home Details

Home Type

Single Family

Est. Annual Taxes

$75,418

Year Built

1951

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Style: Contemporary
  • Age: 66
  • Listing Class: Residential
  • Structure Sq Ft: 3422
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1951

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Starter, Wood Burning
  • Dining Room: Breakfast Nook, Dining Area In Living Room
  • Kitchen: 220 Volt Outlet, Built-In Bbq Grill, Cooktop - Gas, Countertop - Marble, Dishwasher, Garbage Disposal, Hood Over Range, Island With Sink, Oven - Double, Oven - Electric, Oven - Self Cleaning, Oven Range - Electric, Pantry, Refrigerator, Trash Compactor
  • Fireplace: Yes
  • Living Sq Ft: 3422
  • Stories: 2
  • Security: Security Alarm
  • Laundry: Gas Hookup, Washer / Dryer
  • Flooring: Carpet, Hardwood
  • Additional Rooms: Den / Study / Office, Formal Entry
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Bidet, Double Sinks, Granite, Pass Through, Shower And Tub, Stall Shower, Tile, Tub

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space, Post And Beam, Sealed Crawlspace
  • Roof: Composition
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced, Sprinklers - Auto, Sprinklers - Lawn
  • Fencing: Fenced, Wood
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Gate / Door Opener, On Street

Utilities

  • Cooling System: Central Forced Air - Gas
  • Heating System: Central Forced Air - Gas, Heating - 2+ Units, Heating - 2+ Zones
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Skylight, Walk-In Closet

Schools

  • School District: Palo Alto Unified
  • Elementary School: Walter Hays Elementary
  • Middle School: David Starr Jordan Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 315
  • Middle School: 329

Lot Info

  • Lot Acres: 0.2180
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9514.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9514.00

Green Features

  • Energy Features: Double Pane Windows, Energy Star Lighting, Skylight, Thermostat Controller

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2017
Closed on
Apr 4, 2017
Sold by
Kleiner Keith and Kleiner Mariela
Bought by
Sinha Bipul Binit and Vullikanti Radhika Venkat
Seller's Agent
Michael Repka
Deleon Realty
Buyer's Agent
Michael Repka
Deleon Realty
List Price
$4,900,000
Sold Price
$5,500,000
Premium/Discount to List
$600,000
12.24%
Current Estimated Value
$7,211,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,711,321
Avg. Annual Appreciation
3.29%
Original Mortgage
$3,500,000
Outstanding Balance
$2,796,509
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,414,812

Purchase Details

Listed on
Apr 12, 2017
Closed on
Apr 3, 2017
Sold by
Kleiner Keith and Kleiner Mariela
Bought by
Kleiner Keith and Kleiner Mariela
Seller's Agent
Michael Repka
Deleon Realty
Buyer's Agent
Michael Repka
Deleon Realty
List Price
$4,900,000
Sold Price
$5,500,000
Premium/Discount to List
$600,000
12.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,500,000
Outstanding Balance
$2,796,509
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,414,812

Purchase Details

Closed on
May 31, 2007
Sold by
Ben Shachar Ofer and Ben Shachar Michal
Bought by
Kleiner Keith and Kleiner Mariela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 31, 2003
Sold by
Ben Shachar Michal and Ben Shachar Ofer
Bought by
Ben Shachar Ofer and Ben Shachar Michal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 7, 2002
Sold by
Ben Shachar Ofer and Ben Shachar Michal
Bought by
Ben Shachar Michal and Ben Shachar Ofer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$485,000
Interest Rate
5.95%

Purchase Details

Closed on
Jun 15, 1999
Sold by
Ben Shachar Michal and Ben Schachar Ofer
Bought by
Ben Shachar Michal and Ben Shachar Ofer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.84%

Purchase Details

Closed on
May 20, 1999
Sold by
Ben Shachar Michal and Ben Shachar Ofer
Bought by
Ben Shachar Ofer and Ben Shachar Michal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.84%

Purchase Details

Closed on
Apr 8, 1999
Sold by
Riley Steve and Riley Tamara Zdenek
Bought by
Ben Shachar Michael and Ben Shachar Ofer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.84%

Purchase Details

Closed on
Mar 21, 1997
Sold by
Gassman Virginia M and Gassman Edward
Bought by
Riley Steve and Riley Tamara Zdenek

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
7.86%
Source: Public Records

Range of Values:

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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
Sinha Bipul Binit $5,500,000 Chicago Title Company
Kleiner Keith -- Chicago Title Company
Kleiner Keith -- First American Title
Ben Shachar Ofer -- First American Title Company
Ben Shachar Ofer -- First American Title Company
Ben Shachar Michal -- First American Title Company
Ben Shachar Ofer -- First American Title Company
Ben Shachar Michal -- --
Ben Shachar Ofer -- Financial Title Company
Ben Shachar Michael $2,400,000 Financial Title Company
Riley Steve $778,000 Santa Clara Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sinha Bipul Binit $3,500,000
Previous Owner Kleiner Keith $350,000
Previous Owner Kleiner Keith $2,000,000
Previous Owner Ben Shachar Ofer $480,000
Previous Owner Ben Shachar Ofer $485,000
Previous Owner Ben Shachar Ofer $500,000
Previous Owner Riley Steve $620,000
Closed Ben Shachar Ofer $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2017 04/12/17 Sold $5,500,000 +12.2% $1,607 / Sq Ft
04/12/2017 04/12/17 Pending -- -- --
04/12/2017 04/12/17 For Sale $4,900,000 -- $1,432 / 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 $75,418 $6,462,288 $5,686,869 $775,419
2024 $75,418 $6,335,577 $5,575,362 $760,215
2023 $74,316 $6,211,351 $5,466,042 $745,309
2022 $73,037 $6,053,051 $5,358,865 $694,186
2021 $71,158 $5,897,110 $5,253,790 $643,320
2020 $69,663 $5,836,643 $5,199,919 $636,724
2019 $68,903 $5,722,200 $5,097,960 $624,240
2018 $66,980 $5,610,000 $4,998,000 $612,000
2017 $47,314 $3,939,416 $2,770,580 $1,168,836
2016 $46,078 $3,862,173 $2,716,255 $1,145,918
2015 $45,635 $3,804,161 $2,675,455 $1,128,706
2014 $44,793 $3,729,644 $2,623,047 $1,106,597
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81646575

MLSListings

APN: 003-54-033