NOT LISTED FOR SALE

Estimated Value: $3,571,000 - $4,341,000

4 Beds
2 Baths
1,885 Sq Ft
$2,025/Sq Ft Est. Value

Last Sold July 06, 2023

Last sale price $3,500,000 $1,857 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $24,197/month

6 Days on Market

Highlights

  • Primary Bedroom Suite
  • Craftsman Architecture
  • Wood Flooring
  • Palo Verde Elementary School Rated A+
  • Deck
  • Granite Countertops

About This Home

As of July 2023

Beautifully remodeled and reconfigured, this enchanting residence boasts an indoor/outdoor lifestyle with Zen-inspired gardens creating a serene and peaceful atmosphere. At the center is the living room that immediately showcases the garden views from the front door and is warmed by a striking fireplace surrounded in book-matched polished marble. The formal dining room impresses with dbl French drs opening to the rear gardens, the kitchen is a chef's dream finished in absolute black granite, and an elevated breakfast bar separates the everyday living space. Positioned in a separate wing are the 4 bedrooms and 2 baths. The primary suite is a lovely private retreat featuring a remodeled en suite bath and a deck with the soothing sounds of the rock waterfall in the lushly planted gardens beyond. Adding the finishing touch to this great home is its cul-de-sac location, just blocks from highly acclaimed Palo Verde Elementary School and less than one mile from Midtown shops and restaurants.

Last Agent to Sell the Property

Jolaine & Jack Woodson

Compass License #70000275 Listed on: 06/01/2023

Last Buyer's Agent

Claire Yang

Coldwell Banker Realty License #02108290

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $41,232

Year Built

  • Built in 1956

Lot Details

  • 6,425 Sq Ft Lot
  • Southeast Facing Home
  • Wood Fence
  • Level Lot
  • Sprinklers on Timer
  • Back Yard Fenced
  • Zoning described as R1

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Craftsman Architecture
  • Bungalow
  • Wood Frame Construction
  • Ceiling Insulation
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,885 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Gas Log Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • Formal Dining Room
  • Neighborhood Views
  • Crawl Space

Kitchen

  • Open to Family Room
  • Built-In Self-Cleaning Double Oven
  • Electric Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Remodeled Bathroom
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Stone Countertops In Bathroom
  • Dual Sinks
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Forced Air Heating System
  • Thermostat
  • Separate Meters
  • 220 Volts
  • Individual Gas Meter
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 127-25-072

Home Details

Home Type

Single Family

Est. Annual Taxes

$41,232

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Bungalow, Craftsman
  • Age: 67
  • Listing Class: Residential
  • Structure Sq Ft: 1885
  • Incorporated: Yes
  • Year Built: 1956
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Log, Living Room
  • Dining Room: Formal Dining Room
  • Kitchen: 220 Volt Outlet, Cooktop - Gas, Countertop - Granite, Dishwasher, Garbage Disposal, Hood Over Range, Hookups - Gas, Microwave, Oven - Built-In, Oven - Double, Oven - Electric, Oven - Self Cleaning, Refrigerator
  • Living Sq Ft: 1885
  • Stories: 1
  • Bedrooms: Ground Floor Bedroom, More than One Bedroom on Ground Floor, Primary Bedroom on Ground Floor, Primary Suite / Retreat
  • Laundry: Dryer, Electricity Hookup (110V), Gas Hookup, In Utility Room, Tub / Sink, Washer
  • Flooring: Carpet, Hardwood, Stone, Tile, Wood
  • Additional Rooms: Laundry Room
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Full on Ground Floor, Primary - Stall Shower(s), Shower over Tub - 1, Stone, Tile, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space
  • Roof: Composition, Shingle
  • View: Neighborhood
  • Yard/Grounds: Back Yard, Balcony / Patio, Deck, Fenced, Sprinklers - Auto
  • Fencing: Fenced, Fenced Back, Mixed Height / Type, Wood
  • Property Faces: Southeast
  • Construction Type: Wood, Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Gate / Door Opener

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Skylight

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

  • Lot Description: Grade - Level, Regular
  • Parcel Number: 127-25-072
  • Lot Acres: 0.1475
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6425.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6425.00
  • Soil: Unknown

Green Features

  • Energy Features: Ceiling Insulation, Double Pane Windows, Skylight, Thermostat Controller

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Natural Gas, 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

Closed on
Dec 1, 2016
Sold by
Hipp Stephen C and Hipp Hindi
Bought by
Hipp Stephen C and Hipp Hindi
Current Estimated Value
$3,817,692

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,550
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2011
Sold by
Hipp Stephen C and Hipp Hindi
Bought by
Hipp Stephen C and Hipp Hindi
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Hipp Stephen C -- Accommodation
Hipp Stephen C -- Chicago Title Company
Hipp Stephen C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Hipp Stephen C $2,100,000
Closed Hipp Stephen C $225,550
Closed Hipp Stephen C $250,000
Closed Hipp Stephen C $240,000
Closed Hipp Stephen C $100,000
Closed Hipp Stephen C $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2023 07/06/23 Sold $3,500,000 +7.8% $1,857 / Sq Ft
06/08/2023 06/08/23 Pending -- -- --
06/01/2023 06/01/23 For Sale $3,248,000 -- $1,723 / 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 $41,232 $4,816,095 $3,264,000 $1,552,095
2024 $41,232 $3,500,000 $3,200,000 $300,000
2023 $7,823 $658,771 $398,735 $260,036
2022 $7,731 $645,855 $390,917 $254,938
2021 $8,412 $633,192 $383,252 $249,940
2020 $8,251 $626,701 $379,323 $247,378
2019 $8,154 $614,414 $371,886 $242,528
2018 $7,945 $602,368 $364,595 $237,773
2017 $7,803 $590,558 $357,447 $233,111
2016 $7,593 $578,980 $350,439 $228,541
2015 $7,512 $570,285 $345,176 $225,109
2014 $7,284 $559,115 $338,415 $220,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81930205

MLSListings

APN: 127-25-072