NOT LISTED FOR SALE

Estimated Value: $4,521,000 - $5,251,000

4 Beds
2.5 Baths
2,650 Sq Ft
$1,888/Sq Ft Est. Value

Last Sold November 03, 2020

Last sale price $4,000,000 $1,509 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $30,429/month

125 Days on Market

Highlights

  • Primary Bedroom Suite
  • Skyline View
  • Tudor Architecture
  • Addison Elementary School Rated A+
  • Wood Flooring
  • Attic

About This Home

As of November 2020

A garden lover's paradise, located on one of the most notable streets in Community Center/Crescent Park neighborhood, just a few short blocks to downtown Palo Alto; this classic Tudor, circa 1925, has been transformed into a modern day delight while remain true to its original charming characters--replete with turret, arched entryways and picture moldings. Every interior spacious and light-filled room embraces the splendor of the professionally manicured grounds; that is beautiful and functional. The recently remodeled gourmet kitchen has granite countertop, a large center island w/ prep sink and bar seating; plus a generous-sized breakfast nook. Amenities: Sub-Zero refrigerator, Viking gas range, Bosch dishwasher and extra-deep farmhouse sink. On the 2nd floor, there are 4 large bedrooms including the master suite, one bedroom also has an adjoining study. Since home office may be a thing of the future, one may like to explore the usage of the 3rd floor unfinished space.

Last Agent to Sell the Property

Julie Lau

Coldwell Banker Realty License #01052924 Listed on: 05/15/2020

Coldwell Banker Realty

Last Buyer's Agent

Keri Nicholas

Parc Agency Corporation License #01198898

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $50,866

Year Built

  • 1925

Lot Details

  • 7,601 Sq Ft Lot
  • Back Yard Fenced

Parking

  • 2 Car Detached Garage

Home Design

  • Tudor Architecture
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,650 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Skylights in Kitchen
  • Mud Room
  • Formal Entry
  • Separate Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Bonus Room
  • Utility Room
  • Skyline Views
  • Attic

Kitchen

  • Range Hood
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Remodeled Bathroom
  • Bathroom on Main Level
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Washer and Dryer

Outdoor Features

  • Balcony
  • Shed

Utilities

  • Vented Exhaust Fan
  • Radiant Heating System

Home Details

Home Type

Single Family

Est. Annual Taxes

$50,866

Year Built

1925

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Style: Tudor
  • Listing Class: Residential
  • Structure Sq Ft: 2650
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1925

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room
  • Dining Room: Formal Dining Room
  • Kitchen: Countertop - Other, Countertop - Stone, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Island, Island With Sink, Oven Range - Built-In, Gas, Refrigerator, Skylight
  • Fireplace: Yes
  • Living Sq Ft: 2650
  • Stories: 2
  • Bedrooms: Primary Suite / Retreat
  • Laundry: Inside, Washer / Dryer
  • Flooring: Carpet, Hardwood
  • Additional Rooms: Attic, Bonus / Hobby Room, Formal Entry, Mud Room, Utility Room
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Half On Ground Floor, Primary - Stall Shower(s), Shower Over Tub - 1, Skylight, Stall Shower, Updated Bath

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition, Shingle
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced, Storage Shed / Structure
  • Fencing: Fenced, Fenced Back

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Detached Garage

Utilities

  • Heating System: Radiant
  • Sewer/Septic System: Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Skylight

Schools

  • High School: 327

Lot Info

  • Lot Acres: 0.1745
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7600.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7600.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2020
Closed on
Sep 25, 2020
Sold by
Fu Weiguo and Fu Meishan
Bought by
Schatz Jonathan Tonetti and Bendana Carolina Rivera
Seller's Agent
Julie Lau
Coldwell Banker Realty
Buyer's Agent
Keri Nicholas
Parc Agency Corporation
List Price
$4,500,000
Sold Price
$4,000,000
Premium/Discount to List
-$500,000
-11.11%
Current Estimated Value
$5,003,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,003,733
Avg. Annual Appreciation
4.60%
Original Mortgage
$1,200,000
Outstanding Balance
$1,065,390
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$3,938,343

Purchase Details

Listed on
Oct 31, 2018
Closed on
Nov 21, 2018
Sold by
Clark George Morgan and Williams Clark Susan
Bought by
Fu Weiguo and Gong Meishan
Seller's Agent
Granoski,weil Assoc.
Compass
Buyer's Agent
Julie Lau
Coldwell Banker Realty
List Price
$4,198,000
Sold Price
$4,000,000
Premium/Discount to List
-$198,000
-4.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%

Purchase Details

Closed on
Mar 7, 2000
Sold by
Susan Clark George M
Bought by
Clark George Morgan and Williams Clark Susan

Purchase Details

Closed on
Mar 7, 1997
Sold by
Clark George M and Williams Susan C
Bought by
Clark George M and Williams Clark Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,600
Interest Rate
3.85%
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
Schatz Jonathan Tonetti $4,000,000 Chicago Title
Fu Weiguo $4,000,000 Old Republic Title Co
Clark George Morgan -- --
Clark George M -- California Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schatz Jonathan Tonetti $1,200,000
Previous Owner Clark George M $520,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/03/2020 11/03/20 Sold $4,000,000 -4.5% $1,509 / Sq Ft
09/18/2020 09/18/20 Pending -- -- --
07/09/2020 07/09/20 Price Changed $4,188,000 -6.9% $1,580 / Sq Ft
05/15/2020 05/15/20 For Sale $4,500,000 +12.5% $1,698 / Sq Ft
11/29/2018 11/29/18 Sold $4,000,000 -4.7% $1,509 / Sq Ft View Prior Sale
11/23/2018 11/23/18 For Sale $4,198,000 +5.0% $1,584 / Sq Ft
11/20/2018 11/20/18 Pending -- -- --
11/16/2018 11/16/18 Off Market $4,000,000 -- --
10/31/2018 10/31/18 For Sale $4,198,000 -- $1,584 / 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 $50,866 $4,329,728 $3,788,512 $541,216
2024 $50,866 $4,244,832 $3,714,228 $530,604
2023 $50,121 $4,161,600 $3,641,400 $520,200
2022 $49,549 $4,080,000 $3,570,000 $510,000
2021 $48,574 $4,000,000 $3,500,000 $500,000
2020 $48,984 $4,080,000 $3,570,000 $510,000
2019 $48,448 $4,000,000 $3,500,000 $500,000
2018 $12,652 $1,002,224 $487,574 $514,650
2017 $12,428 $982,573 $478,014 $504,559
2016 $12,098 $963,308 $468,642 $494,666
2015 $11,974 $948,839 $461,603 $487,236
2014 $11,675 $930,253 $452,561 $477,692
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81792754

MLSListings

APN: 003-31-036