NOT LISTED FOR SALE

Estimated Value: $3,290,809 - $4,237,000

3 Beds
2 Baths
1,657 Sq Ft
$2,305/Sq Ft Est. Value

Highlights

  • Wood Flooring
  • Wine Refrigerator
  • Balcony
  • Palo Verde Elementary School Rated A+
  • Formal Dining Room
  • Skylights

About This Home

As of June 2023

Situated on a quiet South Palo Alto street lies this 3 bedroom, 2 bath, 1,657 sq.ft. home on a large 7,573 sq.ft. lot. Enter into the living room with vaulted ceilings & fireplace which flows into the dining room. Adjacent is the highly functional kitchen with a suite of appliances including cooktop, oven, microwave, warming tray, trash compactor, dishwasher & refrigerator. Plentiful storage, a desk & 2 skylights complete the kitchen. The separate family room has a wet bar, wine refrigerator & doors out to the backyard. The spacious primary suite has high ceilings, en-suite bath & walk-in cedar closet. One nearby bedroom is good size & near a recently remodeled hall bath with shower over tub. The 3rd bedroom could be a perfect office. A 2 car garage with cabinetry is included. The yard features a fenced, private courtyard patio in the front & a covered patio in the back surrounded by colorful flower beds. Only 1 block to Palo Verde Elementary. Close to 101, 4 parks & Midtown Shopping.

Last Agent to Rent the Property

Heng Seroff Group

Keller Williams Palo Alto License #70010137 Listed on: 05/31/2023

Last Renter's Agent

Heng Seroff Group

Keller Williams Palo Alto License #70010137 Listed on: 05/31/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,163

Year Built

  • 1955

Lot Details

  • 7,575

Parking

  • 2 Car Attached Garage
  • On-Street Parking

Interior Spaces

  • 1,657 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Skylights
  • Double Pane Windows
  • Family Room with Fireplace
  • Formal Dining Room
  • Washer and Dryer

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Wine Refrigerator

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Balcony
  • 7,575 Sq Ft Lot
  • Floor Furnace

Listing and Financial Details

  • Security Deposit $6,498
  • Property Available on 6/15/23
  • Rent includes gardener
  • 12-Month Minimum Lease Term

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,163

Year Built

1955

Lot Details

0

Parking

2

Rental Info

  • Available: 06/15/2023
  • Lease Terms: Credit Report Required, Deposit Required
  • Minimum Lease Months: 12
  • Rent Includes: Gardener
  • Security Deposit: 6498

Listing Details

  • Subclass: House For Rent
  • Age: 68
  • Listing Class: Residential Lease/Rental
  • Structure Sq Ft: 1657
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1955

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room
  • Dining Room: Dining Area, Formal Dining Room
  • Kitchen: Cooktop - Gas, Dishwasher, Microwave, Oven - Gas, Refrigerator, Wine Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1657
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Hardwood, Tile
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Yard/Grounds: Balcony / Patio

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage, On Street, Parking Area

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Floor Furnace

Schools

  • School District: Palo Alto Unified
  • Elementary School: Palo Verde Elementary
  • Middle School: Jane Lathrop Stanford Middle
  • High School: Henry M. Gunn High
  • High School: 325
  • Elementary School: 320
  • Middle School: 322

Lot Info

  • Lot Acres: 0.1739
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7573.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7573.00

Green Features

  • Energy Features: Double Pane Windows, Skylight

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 22, 2018
Sold by
Lai Kenny and Liu Anne
Bought by
Lai Kenny C and Liu Anne Y
Current Estimated Value
$3,818,952

Purchase Details

Closed on
Jan 23, 2014
Sold by
Adams Shirley L
Bought by
Lai Kenny and Liu Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Outstanding Balance
$91,360
Interest Rate
4.38%
Mortgage Type
Stand Alone Second
Estimated Equity
$3,570,853

Purchase Details

Closed on
Mar 9, 2006
Sold by
Adams Irven C and Adams Shirley L
Bought by
Adams Irven C and Adams Shirley L
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
Lai Kenny C -- None Available
Lai Kenny $2,000,000 Chicago Title Company
Adams Irven C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lai Kenny $120,000
Open Lai Kenny $1,180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2023 06/26/23 Rented $6,498 0.0% --
06/15/2023 06/15/23 Price Changed $6,498 -3.0% $4 / Sq Ft
06/10/2023 06/10/23 Price Changed $6,698 -4.3% $4 / Sq Ft
05/31/2023 05/31/23 For Rent $6,998 -- --
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 $29,163 $2,451,716 $2,206,550 $245,166
2024 $29,163 $2,403,644 $2,163,285 $240,359
2023 $28,732 $2,356,515 $2,120,868 $235,647
2022 $28,398 $2,310,310 $2,079,283 $231,027
2021 $27,838 $2,265,011 $2,038,513 $226,498
2020 $27,263 $2,241,787 $2,017,611 $224,176
2019 $26,961 $2,197,831 $1,978,050 $219,781
2018 $26,220 $2,154,737 $1,939,265 $215,472
2017 $25,759 $2,112,489 $1,901,241 $211,248
2016 $25,083 $2,071,068 $1,863,962 $207,106
2015 $24,837 $2,039,960 $1,835,964 $203,996
2014 $1,926 $106,204 $32,015 $74,189
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81930104

MLSListings

APN: 127-46-016