NOT LISTED FOR SALE

827 Rorke Way Palo Alto, CA 94303

Palo Verde Neighborhood

Estimated Value: $4,888,000 - $5,496,016

4 Beds
3.5 Baths
2,767 Sq Ft
$1,904/Sq Ft Est. Value

Last Sold May 31, 2018

Last sale price $4,000,000 $1,446 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $33,906/month

6 Days on Market

Highlights

  • Formal Dining Room
  • Open to Family Room
  • Forced Air Heating System
  • Palo Verde Elementary School Rated A+

About This Home

As of May 2018

This brand new, high-end, modern home offers 4 bedrooms, 3.5 baths, ±2,767 sqft of living space, and a bonus ±180 sqft loft on an approx. ±7,460 sqft lot. The chef's kitchen, featuring a massive central island with quartz countertop, opens to a stunning great room. Located at the back of the house, the master suite includes private access to the back deck and yard, and a spa-like bath with generous walk-in closet, dual vanities, soaking tub and separate shower with two Euro shower heads and rain shower. Large skylights and 14ft ceilings in the central living spaces create a bright and relaxing atmosphere. With slider door access from both the dining room and kitchen, the back patio is perfect for dining al fresco or lounging. Situated on a private, quiet street just a block away from top-rated Palo Verde Elementary with close proximity to Midtown Shopping Center, California Ave shopping and dining, California Ave Caltrain Station, Oregon Expressway and sought-after Palo Alto schools.

Last Agent to Sell the Property

Zachary Trailer

Compass License #01371338 Listed on: 05/03/2018

Compass

Last Buyer's Agent

Shuang Li

Maxreal License #01978544

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $53,335

Year Built

  • Built in 2018

Lot Details

  • 7,462 Sq Ft Lot
  • Zoning described as R1B7

Parking

  • 1 Car Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,767 Sq Ft Home
  • Fireplace With Gas Starter
  • Formal Dining Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 127-46-034

Home Details

Home Type

Single Family

Est. Annual Taxes

$53,335

Year Built

Built in 2018

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 2767
  • Incorporated: Yes
  • Year Built: 2018
  • Zoning Description: R1B7
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Starter
  • Dining Room: Eat in Kitchen, Formal Dining Room
  • Living Sq Ft: 2767
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

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

  • Parcel Number: 127-46-034
  • Lot Acres: 0.1713
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7460.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7460.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2018
Closed on
Jun 5, 2018
Sold by
Gollnick David A
Bought by
Li Huajing and Chen Zhe
Seller's Agent
Zachary Trailer
Compass
Buyer's Agent
Shuang Li
Maxreal
List Price
$3,695,000
Sold Price
$4,000,000
Premium/Discount to List
$305,000
8.25%
Total Days on Market
6
Current Estimated Value
$5,268,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,268,254
Avg. Annual Appreciation
3.03%
Original Mortgage
$2,000,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 12, 2017
Sold by
Olsen Victoria Lyn
Bought by
Gollnick David A and The David A Gollnick Revocable Trust
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
Li Huajing $4,000,000 Chicago Title Co
Gollnick David A $2,000,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Huajing $1,884,300
Closed Li Huajing $1,945,000
Closed Li Huajing $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2018 05/31/18 Sold $4,000,000 +8.3% $1,446 / Sq Ft
05/10/2018 05/10/18 Pending -- -- --
05/03/2018 05/03/18 For Sale $3,695,000 -- $1,335 / 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 $53,335 $4,462,072 $3,346,555 $1,115,517
2023 $52,553 $4,374,582 $3,280,937 $1,093,645
2022 $51,951 $4,288,806 $3,216,605 $1,072,201
2021 $50,928 $4,204,713 $3,153,535 $1,051,178
2020 $49,862 $4,161,600 $3,121,200 $1,040,400
2019 $49,316 $4,080,000 $3,060,000 $1,020,000
2018 $31,036 $2,556,820 $2,499,000 $57,820
2017 $1,838 $77,982 $33,814 $44,168
2016 $1,702 $76,453 $33,151 $43,302
2015 $1,677 $75,306 $32,654 $42,652
2014 $1,543 $73,832 $32,015 $41,817
Source: Public Records

Agents Affiliated with this Home

  • Zachary Trailer

    Seller's Agent in 2018

    Zachary Trailer

    Compass

    (650) 802-7780

    69 Total Sales

    Section Image

  • S

    Buyer's Agent in 2018

    Shuang Li

    Maxreal

    (510) 449-9239

    56 Total Sales

    Section Image
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Map

Source: MLSListings

MLS Number: ML81703749

MLSListings

APN: 127-46-034

California Santa Clara County Palo Alto 94303 Palo Verde

827 Rorke Way, Palo Alto, CA

This home is located at 827 Rorke Way, Palo Alto, CA 94303 since 03 May 2018 and is currently estimated at $5,268,254, approximately $1,903 per square foot. This property was built in 2018. 827 Rorke Way is a home located in Santa Clara County with nearby schools including Palo Verde Elementary School, Jane Lathrop Stanford Middle School, and Henry M. Gunn High School.

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