NOT LISTED FOR SALE

Estimated Value: $6,280,000 - $7,373,727

3 Beds
2 Baths
1,975 Sq Ft
$3,562/Sq Ft Est. Value

Last Sold November 06, 2018

Last sale price $4,180,000 $2,116 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $44,646/month

10 Days on Market

Highlights

  • Wood Flooring
  • Corian Countertops
  • Formal Dining Room
  • Walter Hays Elementary Rated A+
  • Den
  • Double Oven

About This Home

As of November 2018

Located at the end of a cul-de-sac in the desirable Leland Manor neighborhood, this mid-century home boasts numerous updates for contemporary living on a generous 8977 SF lot. Newly refinished hardwood floors unify the entire home along with views of the gardens from most rooms. An open design for living and dining is brilliantly lit from expansive windows and glass doors and the spacious kitchen offers a colorful spot with built-in table for friends and family to gather. The home has 3 bedrooms, including a lovely master suite that opens to the large backyard, plus the 2-car garage currently customized as a permitted bonus space perfect for an office, family room, and/or study center. The finishing touch is the outstanding location just blocks to Greene Middle School, Walter Hays Elementary, Rinconada Park with playground, library, art center and Lucie Stern Community Center and theatre Palo Alto living at its best!

Last Agent to Sell the Property

Lori Buecheler

Compass License #01859485 Listed on: 10/13/2018

Compass

Last Buyer's Agent

Julie Lau

Coldwell Banker Realty License #01052924

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $75,747

Year Built

  • Built in 1948

Lot Details

  • 8,978 Sq Ft Lot
  • Gated Home
  • Property is Fully Fenced
  • Level Lot
  • Sprinklers on Timer
  • Back Yard
  • Zoning described as R1

Parking

  • 1 Car Garage
  • Off-Street Parking

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,975 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Bay Window
  • Formal Dining Room
  • Den
  • Washer and Dryer

Kitchen

  • Double Oven
  • Gas Cooktop
  • Dishwasher
  • Corian Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Outdoor Features

  • Balcony
  • Shed

Utilities

  • Forced Air Heating System
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 003-57-027

Home Details

Home Type

Single Family

Est. Annual Taxes

$75,747

Year Built

Built in 1948

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Age: 70
  • Listing Class: Residential
  • Structure Sq Ft: 1975
  • Incorporated: Yes
  • Year Built: 1948
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Wood Burning
  • Dining Room: Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Solid Surface / Corian, Dishwasher, Oven - Double, Refrigerator
  • Living Sq Ft: 1975
  • Stories: 1
  • Bedrooms: Ground Floor Bedroom, Primary Bedroom on Ground Floor
  • Laundry: Washer / Dryer
  • Flooring: Hardwood, Tile
  • Additional Rooms: Den / Study / Office
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Shower over Tub - 1, Stall Shower, Tub in Primary Bedroom
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Composition
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced, Sprinklers - Auto, Storage Shed / Structure
  • Fencing: Complete Perimeter, Gate

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Attached Garage, Off-Street Parking

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Bay Window

Schools

  • School District: Palo Alto Unified
  • Elementary School: Walter Hays Elementary
  • Middle School: Frank S. Greene Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 315
  • Middle School: 329

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 003-57-027
  • Lot Acres: 0.2061
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8977.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8977.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Walter Hays Elementary
  • High School Text: Palo Alto High
  • Middle School Text: Frank S. Greene Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2018
Closed on
Oct 24, 2018
Sold by
Keenan Laurence Todd A and Keenan Laurence Monica A
Bought by
Dejelo Jeffrey J and Dejelo Ma Revocable Trust
Seller's Agent
Lori Buecheler
Compass
Buyer's Agent
Julie Lau
Coldwell Banker Realty
List Price
$3,998,000
Sold Price
$4,180,000
Premium/Discount to List
$182,000
4.55%
Current Estimated Value
$7,035,432

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,855,432
Avg. Annual Appreciation
6.77%
Original Mortgage
$1,000,000
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 4, 2018
Sold by
Laurence Todd A and Keenan Laurence Monica A
Bought by
Laurence Todd A and Keenan Monica A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,650,000
Interest Rate
3.1%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 20, 2001
Sold by
Salzman C Daniel and Sepler Joan A
Bought by
Laurence Todd A and Laurence Monica A Keenan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
6.62%

Purchase Details

Closed on
Jun 29, 1995
Sold by
Vais Paul A and Vais Kristin L
Bought by
Salzman C Daniel and Sepler Joan A

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
7.88%
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
Dejelo Jeffrey J $4,180,000 Chicago Title Co
Laurence Todd A -- First American Title Co
Laurence Todd A -- First American Title Guarant
Salzman C Daniel $635,500 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dejelo Jeffrey J $3,000,000
Closed Dejelo Jeffrey J $1,000,000
Previous Owner Laurence Todd A $1,650,000
Previous Owner Laurence Todd A $417,000
Previous Owner Laurence Todd A $375,000
Previous Owner Laurence Todd A $75,000
Previous Owner Laurence Todd A $725,000
Previous Owner Laurence Todd A $950,000
Previous Owner Laurence Todd A $800,000
Previous Owner Salzman C Daniel $340,000
Previous Owner Salzman C Daniel $350,000
Closed Laurence Todd A $270,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2018 11/06/18 Sold $4,180,000 +4.6% $2,116 / Sq Ft
10/24/2018 10/24/18 Pending -- -- --
10/13/2018 10/13/18 For Sale $3,998,000 -- $2,024 / 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 $75,747 $6,490,854 $4,462,074 $2,028,780
2024 $75,747 $6,363,583 $4,374,583 $1,989,000
2023 $74,640 $6,238,807 $4,288,807 $1,950,000
2022 $62,640 $5,179,713 $4,204,713 $975,000
2021 $52,238 $4,307,770 $4,122,268 $185,502
2020 $51,145 $4,263,600 $4,080,000 $183,600
2019 $50,586 $4,180,000 $4,000,000 $180,000
2018 $20,451 $1,664,661 $1,456,751 $207,910
2017 $20,090 $1,632,022 $1,428,188 $203,834
2016 $19,561 $1,600,023 $1,400,185 $199,838
2015 $19,368 $1,575,990 $1,379,153 $196,837
2014 $18,949 $1,545,120 $1,352,138 $192,982
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81727562

MLSListings

APN: 003-57-027