NOT LISTED FOR SALE

Estimated Value: $2,865,000 - $5,512,000

5 Beds
2.5 Baths
2,639 Sq Ft
$1,675/Sq Ft Est. Value

Last Sold December 15, 2022

Last sale price $3,500,000 $1,326 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $28,209/month

18 Days on Market

Highlights

  • 0.46 Acre Lot
  • Family Room with Fireplace
  • Wood Flooring
  • Lucille M. Nixon Elementary School Rated A+
  • Vaulted Ceiling
  • Granite Countertops

About This Home

As of December 2022

Excellent opportunity on a cul-de-sac w/expansive 20k+ sq ft lot! This single-story ranch-style home features 5 bedrms , 2.5 bathrms (5th currently used as an office), approx 2,639 sq ft. The freshly painted, bright & airy floor plan boasts formal dining & living rooms which are full of light, w/vaulted ceilings & a wood-burning fireplace. Separate family room also enjoys high ceilings, a 2nd wood burning fireplace & leads directly to the massive yard. Eat-in kitchen features a gas cooktop, updated appliances & granite countertops. Primary bedroom offers soaring ceilings, a private bathroom w/dual vanity & walk-in closet. Step outside and envision your dream outdoor space. Other amenities include an attached 3-car garage & indoor laundry room. Superbly situated near local schools, parks, shops, restaurants, freeway access, and major employers. Enrollment to award-winning Palo Alto schools & walking distance to Gunn High. (Buyer to verify)

Last Agent to Sell the Property

Susan Kramer

Intero Real Estate Services License #01399140 Listed on: 10/27/2022

Intero Real Estate Services

Last Buyer's Agent

Sue Cheng

Intero Real Estate Services License #02027196

Intero Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $42,942

Year Built

  • Built in 1974

Lot Details

  • 0.46 Acre Lot
  • Back Yard Fenced
  • Sprinkler System
  • Zoning described as RE

Parking

  • 3 Car Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,639 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Double Oven
  • Gas Cooktop
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Dual Sinks
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer

Additional Features

  • Balcony
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 175-01-088

Home Details

Home Type

Single Family

Est. Annual Taxes

$42,942

Year Built

Built in 1974

Lot Details

0

Parking

3

Listing Details

  • Subclass: Single Family Home
  • Age: 48
  • Listing Class: Residential
  • Structure Sq Ft: 2639
  • Year Built: 1974
  • Zoning Description: RE
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Gas Starter, Living Room, Wood Burning
  • Dining Room: Breakfast Nook, Eat in Kitchen, Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Granite, Oven - Built-In, Oven - Double, Refrigerator
  • Living Sq Ft: 2639
  • Stories: 1
  • Laundry: Inside, Washer / Dryer
  • Flooring: Carpet, Laminate, Tile, Wood
  • Additional Rooms: Laundry Room
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Bathroom: Double Sinks, Primary - Stall Shower(s), Shower over Tub - 1
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Composition
  • Yard/Grounds: Balcony / Patio, Sprinklers - Lawn
  • Fencing: Fenced Back

Garage/Parking

  • Garage Spaces: 3
  • Garage Max: 3
  • Garage Min: 3
  • Garage Parking Features: Attached Garage

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Vaulted Ceiling

Schools

  • School District: Palo Alto Unified
  • Elementary School: Lucille M. Nixon Elementary
  • Middle School: Ellen Fletcher Middle
  • High School: Henry M. Gunn High
  • High School: 325
  • Elementary School: 318
  • Middle School: 323

Lot Info

  • Parcel Number: 175-01-088
  • Lot Acres: 0.4595
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 20015.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 20015.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Lucille M. Nixon Elementary
  • High School Text: Henry M. Gunn High
  • Middle School Text: Ellen Fletcher Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2022
Closed on
Dec 9, 2022
Sold by
Mesa Court Llc
Bought by
Jegatheesan Mathan B and Ponnuswamy Kavitha
Seller's Agent
Susan Kramer
Intero Real Estate Services
Buyer's Agent
Sue Cheng
Intero Real Estate Services
List Price
$3,988,000
Sold Price
$3,500,000
Premium/Discount to List
-$488,000
-12.24%
Views
18
Current Estimated Value
$4,421,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$921,371
Avg. Annual Appreciation
8.77%
Original Mortgage
$2,800,000
Outstanding Balance
$2,693,742
Interest Rate
4.63%
Mortgage Type
New Conventional
Estimated Equity
$1,628,763

Purchase Details

Closed on
Oct 9, 2009
Sold by
Trainer Robert E and Trainer Anne
Bought by
Mesa Court Llc
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
Jegatheesan Mathan B $3,500,000 First American Title
Mesa Court Llc -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jegatheesan Mathan B $2,800,000
Previous Owner Trainer Robert E $149,000
Previous Owner Trainer Robert E $150,000
Previous Owner Trainer Robert E $51,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2022 12/15/22 Sold $3,500,000 -12.2% $1,326 / Sq Ft
11/15/2022 11/15/22 Pending -- -- --
10/27/2022 10/27/22 For Sale $3,988,000 -- $1,511 / 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 $42,942 $3,570,000 $3,366,000 $204,000
2023 $42,313 $3,500,000 $3,300,000 $200,000
2022 $29,939 $2,432,735 $2,189,468 $243,267
2021 $29,350 $2,385,036 $2,146,538 $238,498
2020 $28,744 $2,360,581 $2,124,528 $236,053
2019 $28,428 $2,314,296 $2,082,871 $231,425
2018 $27,647 $2,268,919 $2,042,031 $226,888
2017 $27,163 $2,224,432 $2,001,992 $222,440
2016 $26,451 $2,180,817 $1,962,738 $218,079
2015 $26,194 $2,148,060 $1,933,256 $214,804
2014 $25,667 $2,105,984 $1,895,387 $210,597
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81911594

MLSListings

APN: 175-01-088