NOT LISTED FOR SALE

Estimated Value: $3,306,000 - $4,273,000

3 Beds
2.5 Baths
1,854 Sq Ft
$1,998/Sq Ft Est. Value

Last Sold December 02, 2022

Last sale price $3,190,000 $1,721 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $23,358/month

6 Days on Market

Highlights

  • Living Room with Fireplace
  • Wood Flooring
  • Laundry in Utility Room
  • Palo Verde Elementary School Rated A+
  • Formal Dining Room
  • Forced Air Heating System

About This Home

As of December 2022

This inviting one-level family home is sparkling and fresh with a functional floor plan and offers a bright and enjoyable atmosphere at any time of day. The living areas are spacious and well-appointed for comfortable family living. The family room has vaulted open beam ceilings and loads of natural light. Ideally situated on a quiet tree-lined cul-de-sac. Expansive eat-in kitchen with center island, stainless steel appliances, and direct access to the backyard. Close proximity to Stanford University, many wonderful parks, shopping, restaurants,( and excellent Palo Alto Schools. (buyer to verify enrollment).

Last Agent to Sell the Property

Leslie Woods

Christie's International Real Estate Sereno License #01855901 Listed on: 11/03/2022

Christie's International Real Estate Sereno

Last Buyer's Agent

Vicky li

Coldwell Banker Realty License #01896360

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $38,581

Year Built

  • Built in 1956

Lot Details

  • 6,682 Sq Ft Lot
  • Zoning described as R1

Parking

  • 1 Car Garage

Home Design

  • Shingle Roof
  • Fiberglass Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,854 Sq Ft Home
  • 1-Story Property
  • Separate Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry in Utility Room
  • Washer and Dryer

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 127-25-073

Home Details

Home Type

Single Family

Est. Annual Taxes

$38,581

Year Built

Built in 1956

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Age: 66
  • Listing Class: Residential
  • Structure Sq Ft: 1854
  • Incorporated: Yes
  • Year Built: 1956
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room
  • Dining Room: Formal Dining Room
  • Living Sq Ft: 1854
  • Stories: 1
  • Laundry: In Utility Room, Washer / Dryer
  • Flooring: Hardwood, Tile
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Fiberglass, Shingle

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 2
  • 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: 127-25-073
  • Lot Acres: 0.1534
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6681.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6681.00

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
Nov 3, 2022
Closed on
Nov 22, 2022
Sold by
Rice Family Trust
Bought by
Li Wenjie and Mao Dilin
Seller's Agent
Leslie Woods
Christie's International Real Estate Sereno
Buyer's Agent
Vicky li
Coldwell Banker Realty
List Price
$3,198,000
Sold Price
$3,190,000
Premium/Discount to List
-$8,000
-0.25%
Views
5
Current Estimated Value
$3,704,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$514,134
Avg. Annual Appreciation
5.58%
Original Mortgage
$2,500,000
Outstanding Balance
$2,392,922
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$1,311,212

Purchase Details

Closed on
Dec 20, 1993
Sold by
Rice Edward G and Rice Verne S
Bought by
Rice Edward G and Rice Verne S
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Li Wenjie $3,190,000 Lawyers Title
Rice Edward G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Wenjie $2,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2022 12/02/22 Sold $3,190,000 -0.3% $1,721 / Sq Ft
11/10/2022 11/10/22 Pending -- -- --
11/03/2022 11/03/22 For Sale $3,198,000 -- $1,725 / 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 $38,581 $3,339,684 $3,069,180 $270,504
2024 $38,581 $3,274,200 $3,009,000 $265,200
2023 $38,019 $3,210,000 $2,950,000 $260,000
2022 $1,486 $121,287 $36,978 $84,309
2021 $1,454 $118,909 $36,253 $82,656
2020 $1,423 $117,691 $35,882 $81,809
2019 $1,407 $115,384 $35,179 $80,205
2018 $1,381 $113,123 $34,490 $78,633
2017 $1,356 $110,906 $33,814 $77,092
2016 $1,307 $108,732 $33,151 $75,581
2015 $1,293 $107,100 $32,654 $74,446
2014 $1,274 $105,003 $32,015 $72,988
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81912120

MLSListings

APN: 127-25-073