NOT LISTED FOR SALE

Estimated Value: $4,252,000 - $5,745,000

3 Beds
3.5 Baths
3,085 Sq Ft
$1,663/Sq Ft Est. Value

Last Sold December 23, 2014

Last sale price $3,325,000 $1,078 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $32,719/month

26 Days on Market

Highlights

  • Wine Cellar
  • Primary Bedroom Suite
  • Wood Flooring
  • Palo Verde Elementary School Rated A+
  • Traditional Architecture
  • Main Floor Bedroom

About This Home

As of December 2014

Amazing New Construction in Palo Alto. Four Bedroom, Three and one half bath with a full Guest Suite on the main floor. Large Open Kitchen/Family Room/Dining Area. Hardwood Floors and Custom Tile throughout the home. Oversized finished basement with light wells provide a bonus room, office or extra bedroom if desired. The home is Smart House Equipped and comes with all SS Built in Appliances.

Last Agent to Sell the Property

Jessica Coons

Vestira License #01875007 Listed on: 11/13/2014

Last Buyer's Agent

Stephanie Savides

Stephanie Savides, Broker License #01177101

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $47,026

Year Built

  • Built in 2014

Lot Details

  • Fenced
  • Level Lot
  • Sprinklers on Timer
  • Zoning described as R1

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Ceiling Insulation
  • Floor Insulation
  • Composition Roof

Interior Spaces

  • 3,085 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Clean Air Certified Fireplace
  • Double Pane Windows
  • Wine Cellar
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Bonus Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Low Flow Toliet
  • Bathtub with Shower
  • Walk-in Shower
  • Low Flow Shower

Home Security

  • Smart Home
  • Fire and Smoke Detector
  • Fire Sprinkler System

Eco-Friendly Details

  • Energy-Efficient HVAC
  • Energy-Efficient Insulation
  • ENERGY STAR/CFL/LED Lights

Utilities

  • Forced Air Zoned Heating and Cooling System
  • 220 Volts
  • Tankless Water Heater
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 127-30-047

Home Details

Home Type

Single Family

Est. Annual Taxes

$47,026

Year Built

Built in 2014

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Traditional
  • Level Street Main: Bedroom(s)
  • Listing Class: Residential
  • Structure Sq Ft: 3085
  • Builder Architect: AK Construction
  • Incorporated: Yes
  • Map Book Page: 791
  • Map Side Coordinate: 5
  • Map Top Coordinate: C
  • Thomas Bros Page: 791
  • Thomas Brothers: C5
  • Year Built: 2014
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Clean Air Certified, Yes
  • Dining Room: Dining Area in Living Room, Breakfast Nook, Breakfast Bar, Eat in Kitchen
  • Kitchen: Dishwasher, Cooktop, Refrigerator, Microwave, 220 Volt Outlet
  • Living Sq Ft: 3085
  • Stories: 2
  • Security: Fire Alarm, Fire System - Sprinkler
  • Bedrooms: Primary Suite / Retreat, Ground Floor Bedroom
  • Laundry: 220 Volt Outlet
  • Flooring: Tile, Hardwood
  • Additional Rooms: Bonus / Hobby Room, Basement - Full, Wine Cellar / Storage, Storage
  • Maximum Bathrooms: 4
  • Maximum Numberof Bedrooms: 3
  • Minimum Bathrooms: 4
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Shower over Tub - 1, Tubs - 2+, Stall Shower - 2+, Sunken Tub, Tub in Primary Bedroom
  • Fireplace: Yes

Exterior Features

  • Pool Description: Pool - No
  • Roof: Composition
  • View: Local/Neighborhood
  • Yard/Grounds: Sprinkler(s) - Front, Sprinkler(s) - Rear, Sprinklers - Auto, Fenced
  • Exterior: Shingles, Stone

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Central AC
  • Heating System: Heating - 2+ Zones, Forced Air
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Double Pane Windows(s), High Ceiling

Schools

  • School District: Palo Alto Unified
  • Elementary School: Palo Verde Elementary
  • Middle School: Jane Lathrop Stanford Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 320
  • Middle School: 322

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 127-30-047
  • List Price per Sq Ft: 1134.52
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6000.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 6000.00
  • Lot Size Area Min Search: 6000.00
  • Maximum Lot Size: 6000.00
  • Map Book: Thomas Bros

Green Features

  • Energy Features: Ceiling Insulation, Insulation - Per Owner, Walls Insulated, Insulation - Floor, Caulked/Sealed, Energy Star Appliances, Energy Star HVAC, Energy Star Windows/ Doors, Energy Star Lighting, Smart Home System, Low Flow Shower, Low Flow Toilet, Double Pane Windows, Tankless Water Heater

Multi Family

  • Maximum Building Height: 2
  • Minimum Building Height: 2

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Palo Verde Elementary
  • High School Text: Palo Alto High
  • Middle School Text: Jane Lathrop Stanford Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2017
Sold by
Tibbits Andrew Harris and Tibbits Christine
Bought by
Tibbits Andrew Harris and Tibbits Christine
Total Days on Market
26
Current Estimated Value
$5,130,524

Purchase Details

Listed on
Nov 13, 2014
Closed on
Dec 18, 2014
Sold by
Metaview Wholesale Investments Lp
Bought by
Tibbits Andrew H and Tibbits Christine
Seller's Agent
Jessica Coons
Vestira
Buyer's Agent
Stephanie Savides
Stephanie Savides, Broker
List Price
$3,500,000
Sold Price
$3,325,000
Premium/Discount to List
-$175,000
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.97%
Original Mortgage
$2,493,750
Outstanding Balance
$1,943,141
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$3,051,534

Purchase Details

Closed on
Jan 8, 2014
Sold by
Metaview Wholesale Investments Llc
Bought by
Metaview Wholesale Investments Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.4%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 26, 2012
Sold by
Bianco Philip S and Bianco Maureen A
Bought by
Metaview Wholesale Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
3.86%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 13, 2009
Sold by
Bianco David and Bianco Karlee
Bought by
Bianco Philip S and Bianco Maureen A

Purchase Details

Closed on
Apr 29, 2009
Sold by
Bianco David
Bought by
Bianco David and Bianco Karlee

Purchase Details

Closed on
Nov 28, 2006
Sold by
Thomson Richard
Bought by
Bianco David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,665
Interest Rate
6.09%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 20, 2005
Sold by
Bianco David and Thomson Richard
Bought by
Thomson Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$870,000
Interest Rate
5.83%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Mar 23, 2005
Sold by
Yan Tak Woon and Lau Rebecca Y
Bought by
Bianco David and Thomson Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$783,200
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 24, 1998
Sold by
Yan Tak Woon and Lau Rebecca Y
Bought by
Yan Tak Woon and Lau Rebecca Y

Purchase Details

Closed on
Apr 28, 1998
Sold by
Barry David F and Barry Susan L
Bought by
Yan Tak Woon and Lau Rebecca Y
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
Tibbits Andrew Harris -- None Available
Tibbits Andrew H $3,325,000 Old Republic Title Company
Metaview Wholesale Investments Lp $1,000,000 Old Republic Title Company
Metaview Wholesale Investments Llc $1,000,000 Stewart Title Of California
Bianco Philip S -- None Available
Bianco David -- None Available
Bianco David $1,000,000 Commonwealth Land Title Co
Thomson Richard $522,000 Financial Title Company
Bianco David -- North American Title Company
Yan Tak Woon -- North American Title Co
Yan Tak Woon $493,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tibbits Andrew Harris $880,630
Open Tibbits Andrew H $1,425,000
Open Tibbits Andrew H $2,493,750
Previous Owner Metaview Wholesale Investments Lp $250,000
Previous Owner Metaview Wholesale Investments Lp $2,000,000
Previous Owner Metaview Wholesale Investments Llc $1,856,000
Previous Owner Metaview Wholesale Investments Llc $350,000
Previous Owner Metaview Wholesale Investments Llc $600,000
Previous Owner Bianco Philip S $495,200
Previous Owner Bianco Philip S $487,500
Previous Owner Bianco David P $510,665
Previous Owner Bianco David $610,000
Previous Owner Thomson Richard $870,000
Previous Owner Thomson Richard $174,000
Previous Owner Bianco David $783,200
Previous Owner Yan Tak Woon $575,100
Previous Owner Yan Tak Woon $580,000
Previous Owner Yan Tak Woon $583,000
Previous Owner Yan Tak Woon $584,000
Previous Owner Yan Tak Woon $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2014 12/23/14 Sold $3,325,000 -5.0% $1,078 / Sq Ft
12/09/2014 12/09/14 Pending -- -- --
11/13/2014 11/13/14 For Sale $3,500,000 -- $1,135 / 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 $47,026 $3,917,789 $2,474,395 $1,443,394
2023 $46,337 $3,840,971 $2,425,878 $1,415,093
2022 $45,807 $3,765,659 $2,378,312 $1,387,347
2021 $44,906 $3,691,824 $2,331,679 $1,360,145
2020 $43,969 $3,653,970 $2,307,771 $1,346,199
2019 $43,488 $3,582,324 $2,262,521 $1,319,803
2018 $42,282 $3,512,083 $2,218,158 $1,293,925
2017 $41,542 $3,443,219 $2,174,665 $1,268,554
2016 $40,457 $3,375,706 $2,132,025 $1,243,681
2015 $40,068 $3,325,000 $2,100,000 $1,225,000
2014 $12,874 $1,024,630 $1,024,630 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81440185

MLSListings

APN: 127-30-047