NOT LISTED FOR SALE

816 Embarcadero Rd Palo Alto, CA 94303

Old Palo Alto Neighborhood

Estimated Value: $5,978,000 - $6,543,000

6 Beds
4.5 Baths
3,602 Sq Ft
$1,719/Sq Ft Est. Value

Last Sold May 03, 2013

Last sale price $3,138,000 $871 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $38,539/month

8 Days on Market

Highlights

  • Primary Bedroom Suite
  • Family Room with Fireplace
  • Hydromassage or Jetted Bathtub
  • Walter Hays Elementary Rated A+
  • Wood Flooring
  • 3-minute walk to Rinconada Park

About This Home

As of May 2013

ELEGANT FRENCH STYLE LELAND MANOR HOME! Spacious 2006 Rebuild-3602sf,6 Beds/4 ½ Baths,9680sf Lot(per city records)w/3 Master Suites(Ideal for an “Extended Family") Bright Gourmet Kitchen flows to Patio Entertaining Area,Open Layout Living/Dining w/Higher Ceilings,Hardwood Floors,Double Pane Windows, 2 Car Garage,Tons of Storage & High-End Finishes. Blocks from Community Center & Elem/Mid. Schools.

Last Agent to Sell the Property

Greg Stange

Coldwell Banker Realty License #01418178 Listed on: 03/28/2013

Coldwell Banker Realty

Last Buyer's Agent

Vasanthi Jayaraman

Anthem Realty License #01064091

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $45,425

Year Built

  • Built in 2006

Lot Details

  • Fenced
  • Level Lot
  • Sprinklers on Timer
  • Zoning described as R1

Parking

  • 2 Car Garage

Home Design

  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,602 Sq Ft Home
  • 2-Story Property
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Formal Entry
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Bonus Room
  • Utility Room
  • Attic

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom Suite
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Walk-in Shower

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 003-56-054

Home Details

Home Type

Single Family

Est. Annual Taxes

$45,425

Year Built

Built in 2006

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 7
  • Sale Price Per Sq Ft: 871.18
  • Level Street Main: 2 or more Primary Suites
  • Listing Class: Residential
  • Structure Sq Ft: 3602
  • Barclay Horizontal: 10
  • Barclays Page: 12
  • Incorporated: Yes
  • Map Book Page: 791
  • Map Book Page Secondary: 12
  • Map Side Coordinate: 5
  • Map Side Coordinate Secondary: 84
  • Map Top Coordinate: B
  • Map Top Coordinate Secondary: 10
  • Thomas Bros Page: 791
  • Thomas Brothers: B5
  • Year Built: 2006
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Family Room, Living Room, Gas Starter, Yes
  • Dining Room: Formal Dining Room, Dining Area in Living Room, Breakfast Bar, Eat in Kitchen
  • Kitchen: Dishwasher, Garbage Disposal, Refrigerator, Microwave, Oven - Built-In
  • Living Sq Ft: 3602
  • Stories: 2
  • Bedrooms: Primary Suite / Retreate - 2+
  • Laundry: In Laundry Room, 220 Volt Outlet
  • Flooring: Tile, Hardwood
  • Additional Rooms: Bonus / Hobby Room, Utility Room, Formal Entry, Attic, Storage
  • Maximum Bathrooms: 5
  • Maximum Numberof Bedrooms: 6
  • Minimum Bathrooms: 5
  • Minimum Numberof Bedrooms: 6
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Bathroom: Shower over Tub - 1, Tubs - 1, Stall Shower - 2+, Sunken Tub, Tub with Jets

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Pool - No
  • Roof: Tile
  • Yard/Grounds: Patio(s), Sprinklers - Auto, Fenced
  • Exterior: Stucco

Garage/Parking

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

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Double Pane Windows(s)

Schools

  • School District: Palo Alto Unified

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 003-56-054
  • List Price per Sq Ft: 776.79
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9680.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 9680.00
  • Lot Size Area Min Search: 9680.00
  • Maximum Lot Size: 9680.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Green Features

  • Energy Features: Double Pane Windows

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
Mar 28, 2013
Closed on
Apr 26, 2013
Sold by
Giakoumis Alexander and Giakoumis Jocelyne
Bought by
Kumar Sanjeev and Bhope Sushma
Seller's Agent
Greg Stange
Coldwell Banker Realty
Buyer's Agent
Vasanthi Jayaraman
Anthem Realty
List Price
$2,798,000
Sold Price
$3,138,000
Premium/Discount to List
$340,000
12.15%
Total Days on Market
8
Current Estimated Value
$6,191,179

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,053,179
Avg. Annual Appreciation
5.24%
Original Mortgage
$1,600,000
Outstanding Balance
$390,561
Interest Rate
3.51%
Mortgage Type
New Conventional
Estimated Equity
$5,432,355

Purchase Details

Closed on
Mar 20, 2003
Sold by
Giakoumis Jocelyne
Bought by
Giakoumis Alexander

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 23, 1999
Sold by
Giakoumis Alexander
Bought by
Giakoumis Alexander and Giakoumis Jocelyne

Purchase Details

Closed on
Jun 3, 1999
Sold by
Pease Paul H and Pease Rita M
Bought by
Giakoumis Alexander

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,200
Interest Rate
6.62%
Source: Public Records

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Range of Values:

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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
Kumar Sanjeev $3,137,750 Chicago Title Company
Giakoumis Alexander -- Chicago Title
Giakoumis Alexander -- --
Giakoumis Alexander $619,000 Old Republic Title Company
Giakoumis Alexander -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kumar Sanjeev $1,600,000
Previous Owner Giakoumis Alexander $800,000
Previous Owner Giakoumis Alexander $250,000
Previous Owner Giakoumis Alexander $700,000
Previous Owner Giakoumis Alexander $250,000
Previous Owner Giakoumis Alexander $650,000
Previous Owner Giakoumis Alexander $495,200
Closed Giakoumis Alexander $60,828
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2013 05/03/13 Sold $3,138,000 +12.2% $871 / Sq Ft
04/05/2013 04/05/13 Pending -- -- --
03/28/2013 03/28/13 For Sale $2,798,000 -- $777 / 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
2024 $45,425 $3,788,444 $3,018,204 $770,240
2023 $44,758 $3,714,162 $2,959,024 $755,138
2022 $44,244 $3,641,336 $2,901,004 $740,332
2021 $43,372 $3,569,938 $2,844,122 $725,816
2020 $42,467 $3,533,334 $2,814,960 $718,374
2019 $42,000 $3,464,054 $2,759,765 $704,289
2018 $40,835 $3,396,132 $2,705,652 $690,480
2017 $40,118 $3,329,542 $2,652,600 $676,942
2016 $39,070 $3,264,258 $2,600,589 $663,669
2015 $38,692 $3,215,227 $2,561,526 $653,701
2014 $37,962 $3,152,246 $2,511,350 $640,896
Source: Public Records

Agents Affiliated with this Home

  • Greg Stange

    Seller's Agent in 2013

    Greg Stange

    Coldwell Banker Realty

    (650) 208-5196

    2 in this area

    57 Total Sales

    Section Image
  • Vasanthi Jayaraman

    Buyer's Agent in 2013

    Vasanthi Jayaraman

    Anthem Realty

    (408) 313-4276

    55 Total Sales

    Vasanthi Jayaraman
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81309733

MLSListings

APN: 003-56-054

California Santa Clara County Palo Alto 94303 Old Palo Alto

816 Embarcadero Rd, Palo Alto, CA

This home is located at 816 Embarcadero Rd, Palo Alto, CA 94303 since 28 March 2013 and is currently estimated at $6,191,179, approximately $1,718 per square foot. This property was built in 2006. 816 Embarcadero Rd is a home located in Santa Clara County with nearby schools including Walter Hays Elementary, Frank S. Greene Jr. Middle, and Palo Alto High School.

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