$4,560,000
SOLD NOV 26, 2024
4 Beds
3 Baths
2,547 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$1,790 Per Sq Ft

8% Below List Price

69 Days on Market

Highlights

  • Primary Bedroom Suite
  • Contemporary Architecture
  • Vaulted Ceiling
  • Addison Elementary School Rated A+
  • Family Room with Fireplace
  • Wood Flooring

About This Home

As of November 2024

Nestled in the highly desirable Crescent Park neighborhood of Palo Altos, this stunning home, built in 1997, offers over 2,500 sqft of comfortable living space. The property features 4 spacious bedrooms and 3 full bathrooms, including a full bathroom and a bedroom on the ground floor. The primary suite boasts a vaulted ceiling and a large balcony with a green open view. This home is perfect for families with children of all ages, from elementary to high school, all within the top-ranked Palo Alto school district Stanford University is just a mile away. The property is also an excellent option for those looking to downsize while staying close to everything Silicon Valley has to offer. Enjoy a short stroll to downtown Palo Alto's charming cafes, shops, and restaurants. Commuting to tech companies is effortless. with easy access to major freeways, Caltrain, and two nearby international airports. This home truly sits at the heart of Silicon Valley living.

Last Agent to Sell the Property

Lina Huang

Intero Real Estate Services License #01954283 Listed on: 09/06/2024

Intero Real Estate Services

Last Buyer's Agent

YI Chun Chiang

Coldwell Banker Realty License #01744416

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $45,968

Year Built

  • Built in 1997

Lot Details

  • 6,098 Sq Ft Lot
  • Level Lot
  • Sprinklers on Timer
  • Back Yard Fenced
  • Zoning described as R1

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 2,547 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Vaulted Ceiling
  • Skylights
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Bay Window
  • Formal Entry
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Alarm System
  • Washer and Dryer

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Oven
  • Gas Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Granite Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • 3 Full Bathrooms
  • Marble Bathroom Countertops
  • Dual Sinks
  • Low Flow Toliet
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Parking

  • Garage
  • 1 Carport Space
  • Electric Vehicle Home Charger
  • Garage Door Opener

Outdoor Features

  • Balcony

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Thermostat

Community Details

  • Courtyard

Listing and Financial Details

  • Assessor Parcel Number 003-03-050

Home Details

Home Type

Single Family

Est. Annual Taxes

$45,968

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Style: Contemporary
  • Age: 27
  • Listing Class: Residential
  • Structure Sq Ft: 2547
  • Incorporated: Yes
  • Year Built: 1997
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Gas Starter, Living Room
  • Dining Room: Formal Dining Room, Breakfast Nook, Eat in Kitchen
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Garbage Disposal, Ice Maker, Microwave, Oven Range - Electric, Pantry, Refrigerator, Trash Compactor, Wine Refrigerator
  • Living Sq Ft: 2547
  • Stories: 2
  • Security: Security Alarm
  • Bedrooms: Ground Floor Bedroom, Primary Suite / Retreat, Walk-in Closet
  • Laundry: Electricity Hookup (220V), Washer / Dryer
  • Flooring: Hardwood, Tile
  • Additional Rooms: Formal Entry
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Marble, Primary - Stall Shower(s), Stall Shower - 2+, Tile, Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Shingle
  • Yard/Grounds: Back Yard, Fenced, Balcony / Patio, Sprinklers - Lawn, Sprinklers - Auto, Courtyard
  • Fencing: Wood, Fenced Back, Gate
  • Construction Type: Wood Frame, Stucco

Garage/Parking

  • Garage Parking Features: Carport, Covered Parking, Electric Car Hookup, Gate / Door Opener
  • Carport Min: 1
  • Electric Vehicle Hookup Type: Electric Vehicle Hookup Level 2 (240 volts)

Utilities

  • Cooling System: Central AC, Multi-Zone
  • Heating System: Central Forced Air, Electric
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Bay Window, Built-in Vacuum, High Ceiling, Skylight, Vaulted Ceiling, Walk-in Closet

Schools

  • School District: Palo Alto Unified
  • Elementary School: Addison Elementary
  • Middle School: Frank S. Greene Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 309
  • Middle School: 329

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 003-03-050
  • Lot Acres: 0.1400
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6098.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6098.00

Green Features

  • Energy Features: Low Flow Toilet, Skylight, Thermostat Controller, Double Pane Windows

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Addison Elementary
  • High School Text: Palo Alto High
  • Middle School Text: Frank S. Greene Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2024
Closed on
Nov 21, 2024
Sold by
Wong Gerald G and Jiang Peiqin
Bought by
Xia & Fu Family Trust and Xia
Seller's Agent
Lina Huang
Intero Real Estate Services
Buyer's Agent
YI Chun Chiang
Coldwell Banker Realty
List Price
$4,980,000
Sold Price
$4,560,000
Premium/Discount to List
-$420,000
-8.43%
Views
60
Current Estimated Value
$4,706,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,975
Avg. Annual Appreciation
4.62%

Purchase Details

Listed on
Aug 9, 2018
Closed on
Oct 4, 2018
Sold by
Dorf Ira H and Dorf Rochelle
Bought by
Wong Gerald G and Jiang Peiqin
Seller's Agent
Dante Drummond
Compass
Buyer's Agent
Dante Drummond
Compass
List Price
$4,198,000
Sold Price
$3,500,000
Premium/Discount to List
-$698,000
-16.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.41%

Purchase Details

Closed on
May 14, 2004
Sold by
Pomerantsev Viatcheslav and Litvinona Inna
Bought by
Dorf Ira H and Dorf Rochelle

Purchase Details

Closed on
Sep 22, 1997
Sold by
Rubashevsky Vladimir and Rubashevsky Galina
Bought by
Pomerantsev Viatcheslav and Litvinova Inna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$766,500
Interest Rate
4.95%

Purchase Details

Closed on
Jul 16, 1996
Sold by
Booth George A and Booth Charlotte F
Bought by
Rubashevsky Vladimir and Rubashevsky Galina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
9.37%

Purchase Details

Closed on
May 1, 1996
Sold by
Booth George Alphonso and Booth Charlotte Frances
Bought by
Booth George A and Booth Charlotte F
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 Type Sale Price Title Company
Grant Deed $4,560,000 Fidelity National Title
Grant Deed $10,500,000 Chicago Title Co
Grant Deed $1,749,000 Old Republic Title Company
Grant Deed -- First American Title Guarant
Grant Deed $365,500 Old Republic Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,000,000 Credit Line Revolving
Previous Owner $1,300,000 No Value Available
Previous Owner $766,500 No Value Available
Previous Owner $292,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2024 11/26/24 Sold $4,560,000 -8.4% $1,790 / Sq Ft
11/15/2024 11/15/24 Pending -- -- --
09/06/2024 09/06/24 For Sale $4,980,000 +42.3% $1,955 / Sq Ft
10/10/2018 10/10/18 Sold $3,500,000 -6.7% $1,374 / Sq Ft
10/03/2018 10/03/18 Pending -- -- --
09/10/2018 09/10/18 Price Changed $3,750,000 -6.2% $1,472 / Sq Ft
08/23/2018 08/23/18 Price Changed $3,998,000 -4.8% $1,570 / Sq Ft
08/09/2018 08/09/18 For Sale $4,198,000 -- $1,648 / 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 $45,968 $4,560,000 $4,160,000 $400,000
2024 $45,968 $3,827,757 $3,280,937 $546,820
2023 $45,295 $3,752,704 $3,216,605 $536,099
2022 $44,776 $3,679,123 $3,153,535 $525,588
2021 $43,896 $3,606,984 $3,091,701 $515,283
2020 $42,981 $3,570,000 $3,060,000 $510,000
2019 $42,510 $3,500,000 $3,000,000 $500,000
2018 $9,857 $764,759 $327,751 $437,008
2017 $9,681 $749,765 $321,325 $428,440
2016 $9,422 $735,065 $315,025 $420,040
2015 $9,324 $724,025 $310,294 $413,731
2014 $9,067 $709,843 $304,216 $405,627
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81979398

MLSListings

APN: 003-03-050