S
Seller's Agent in 2021
Steven Peng
Pegasus Real Estate Services
816 Sutter Ave Palo Alto, CA 94303
Midtown Palo Alto NeighborhoodEstimated Value: $4,223,000 - $5,383,000
4
Beds
3.5
Baths
2,186
Sq Ft
$2,172/Sq Ft
Est. Value
Highlights
- Private Pool
- Contemporary Architecture
- Wood Flooring
- Palo Verde Elementary School Rated A+
- Jetted Soaking Tub in Primary Bathroom
- Granite Countertops
About This Home
As of April 2021Elegantly renovated and extended with exquisite design and fine craftsmanship, this gorgeous 4Bed(2Suites)/3.5Bath 2186SF home is situated in the prime Palo Alto location, on a huge 9456SF court lot. The marvelous property was updated with top quality appliances, granite counters, and cherry cabinets. The open and inviting interior has beautiful cherry hardwood floors throughout, recessed lighting, and dual pane windows. Central A/C, copper piping and two-car garage add to its amenities. The well maintained yard provides the ultimate place to relax and a delightful setting for entertaining. With top-rated Palo Alto schools, its closeness to parks, quality restaurants, and shopping, this home is an exceptional opportunity and an ideal choice for today's discerning buyer. The backyard pool is drained and securely covered. The shear size of the lot brings a lot of potential to the property as well. The 2nd suite has separate entry and can be used as a rental unit. It's truly a MUST see!
Last Agent to Sell the Property
Steven Peng
Pegasus Real Estate Services License #01490397 Listed on: 03/10/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $52,310
Year Built
- 1953
Lot Details
- 9,457 Sq Ft Lot
- Level Lot
- Grass Covered Lot
Parking
- 2 Car Garage
Home Design
- Contemporary Architecture
- Flat Roof Shape
- Slab Foundation
Interior Spaces
- 2,186 Sq Ft Home
- 1-Story Property
- Beamed Ceilings
- Wood Burning Fireplace
- Separate Family Room
- Formal Dining Room
- Neighborhood Views
- Washer and Dryer
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Electric Oven
- Self-Cleaning Oven
- Gas Cooktop
- Range Hood
- Dishwasher
- Kitchen Island
- Granite Countertops
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
- Remodeled Bathroom
- Jetted Soaking Tub in Primary Bathroom
- Walk-in Shower
Outdoor Features
- Private Pool
- Balcony
- Shed
Utilities
- Forced Air Heating and Cooling System
Community Details
- Courtyard
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 10, 2021
Closed on
Apr 8, 2021
Sold by
Li Yanxia and Han Feng
Bought by
Adya Atul and Adya Vandana
Seller's Agent
Steven Peng
Pegasus Real Estate Services
Buyer's Agent
Nadr Essabhoy
Compass
List Price
$3,398,000
Sold Price
$3,950,000
Premium/Discount to List
$552,000
16.24%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$798,081
Avg. Annual Appreciation
4.34%
Original Mortgage
$1,950,000
Outstanding Balance
$1,764,424
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$2,983,657
Purchase Details
Closed on
Sep 8, 2005
Sold by
Hitchcock Katherine A
Bought by
Han Feng and Li Yaroda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.72%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Oct 2, 2002
Sold by
Downing Edmund and Hitchcock Katherine A
Bought by
Downing Edmund M and Hitchcock Katherine A
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Adya Atul | $3,950,000 | Chicago Title Company | |
| Han Feng | -- | Old Republic Title Company | |
| Downing Edmund M | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Adya Atul | $1,950,000 | |
| Previous Owner | Li Yanxia | $723,550 | |
| Previous Owner | Li Yanxia | $735,000 | |
| Previous Owner | Li Yanxia | $731,400 | |
| Previous Owner | Li Yanxia | $729,750 | |
| Previous Owner | Han Feng | $160,000 | |
| Previous Owner | Han Feng | $980,000 | |
| Previous Owner | Downing Edmund | $500,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/15/2021 04/15/21 | Sold | $3,950,000 | +16.2% | $1,807 / Sq Ft |
| 03/17/2021 03/17/21 | Pending | -- | -- | -- |
| 03/10/2021 03/10/21 | For Sale | $3,398,000 | -- | $1,554 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
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 | $52,310 | $4,455,125 | $3,788,512 | $666,613 |
| 2024 | $52,310 | $4,367,771 | $3,714,228 | $653,543 |
| 2023 | $50,027 | $4,153,580 | $3,641,400 | $512,180 |
| 2022 | $48,942 | $4,029,000 | $3,570,000 | $459,000 |
| 2021 | $23,105 | $1,867,436 | $1,388,760 | $478,676 |
| 2020 | $22,631 | $1,848,288 | $1,374,520 | $473,768 |
| 2019 | $22,379 | $1,812,048 | $1,347,569 | $464,479 |
| 2018 | $21,768 | $1,776,519 | $1,321,147 | $455,372 |
| 2017 | $21,384 | $1,741,687 | $1,295,243 | $446,444 |
| 2016 | $20,822 | $1,707,538 | $1,269,847 | $437,691 |
| 2015 | $20,616 | $1,681,890 | $1,250,773 | $431,117 |
| 2014 | $19,134 | $1,560,708 | $1,226,273 | $334,435 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2021
Nadr Essabhoy
Compass
(650) 248-5898
5 in this area
86 Total Sales
Map
Source: MLSListings
MLS Number: ML81833527
APN: 127-27-042
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