J
Seller's Agent in 2023
Jenny Wan-Mernyk
eXp Realty of California Inc
842 Forest Ave Palo Alto, CA 94301
Crescent Park NeighborhoodEstimated Value: $3,381,000 - $3,491,000
3
Beds
2
Baths
1,729
Sq Ft
$1,992/Sq Ft
Est. Value
Highlights
- Outdoor Fireplace
- Wood Flooring
- Neighborhood Views
- Addison Elementary School Rated A+
- Main Floor Bedroom
- Den
About This Home
As of November 2023Located in the coveted Crescent Park neighborhood, 842 Forest offers the best of both worlds - a serene atmosphere with lush canopy of trees lining the street and two blocks from the vibrancy of downtown. This home with a partial brick exterior exudes a timeless and enduring charm, it is filled with natural sunlight through large windows and a wall of glass panels at the entrance. Featuring open living and dining areas, 3 bedrooms (each with a walk-in closet), 2 full baths plus an office with a bay window and a private entrance. The primary suite occupies the 2nd floor with a large garden window and a sitting area, plus two closets. The kitchen is located near the dining area with a large window overlooking the side yard. The backyard features a fireplace and ample space for sitting and dining. According to Palo Alto Planning, the house can be expanded to 2,294 sq. ft. plus 800 sq. ft. for an ADU, a total of 3,094 sq. ft. Verify with the City of Palo Alto for expansion possibilities.
Last Agent to Sell the Property
Jenny Wan-Mernyk
eXp Realty of California Inc License #01875494 Listed on: 10/06/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $35,361
Year Built
- Built in 1940
Lot Details
- 5,240 Sq Ft Lot
- Wood Fence
- Back Yard
- Zoning described as R1
Home Design
- Composition Roof
Interior Spaces
- 1,729 Sq Ft Home
- 2-Story Property
- Living Room with Fireplace
- Dining Area
- Den
- Neighborhood Views
- Crawl Space
- Laminate Countertops
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- Main Floor Bedroom
- Walk-In Closet
- Bathroom on Main Level
- 2 Full Bathrooms
- Bathtub with Shower
Laundry
- Laundry in unit
- Electric Dryer Hookup
Parking
- 2 Carport Spaces
- On-Street Parking
Outdoor Features
- Outdoor Fireplace
Utilities
- Forced Air Heating System
- Wall Furnace
- Heating System Uses Gas
- Separate Meters
- Individual Gas Meter
Listing and Financial Details
- Assessor Parcel Number 003-31-040
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 9, 2024
Sold by
Zhu Weiye
Bought by
Zhu Weiye and Zhu-Fu Trust
Current Estimated Value
Purchase Details
Listed on
Oct 6, 2023
Closed on
Oct 27, 2023
Sold by
2005 Alice K Y Meyers Revocable Trust
Bought by
Zhu Weiye and Fu Xiaohuan
Seller's Agent
Jenny Wan-Mernyk
eXp Realty of California Inc
Buyer's Agent
Zehong Zhang
Maxreal
List Price
$2,700,000
Sold Price
$3,000,000
Premium/Discount to List
$300,000
11.11%
Views
9
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.27%
Original Mortgage
$2,000,000
Interest Rate
7.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 3, 2005
Sold by
Meyers Alice K Y
Bought by
Meyers Alice K Y
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Zhu Weiye | -- | None Listed On Document | |
| Zhu Weiye | $3,000,000 | First American Title | |
| Meyers Alice K Y | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Zhu Weiye | $2,000,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/07/2023 11/07/23 | Sold | $3,000,000 | +11.1% | $1,735 / Sq Ft |
| 10/08/2023 10/08/23 | Pending | -- | -- | -- |
| 10/06/2023 10/06/23 | For Sale | $2,700,000 | -- | $1,562 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
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 | $35,361 | $3,060,000 | $2,856,000 | $204,000 |
| 2024 | $35,361 | $3,000,000 | $2,800,000 | $200,000 |
| 2023 | $1,215 | $98,980 | $42,381 | $56,599 |
| 2022 | $1,197 | $97,040 | $41,550 | $55,490 |
| 2021 | $1,171 | $95,138 | $40,736 | $54,402 |
| 2020 | $1,146 | $94,164 | $40,319 | $53,845 |
| 2019 | $1,133 | $92,319 | $39,529 | $52,790 |
| 2018 | $1,115 | $90,509 | $38,754 | $51,755 |
| 2017 | $1,094 | $88,736 | $37,995 | $50,741 |
| 2016 | $1,053 | $86,997 | $37,250 | $49,747 |
| 2015 | $1,041 | $85,691 | $36,691 | $49,000 |
| 2014 | $1,026 | $84,014 | $35,973 | $48,041 |
Source: Public Records
Agents Affiliated with this Home
-
-
Zehong Zhang
Buyer's Agent in 2023
Zehong Zhang
Maxreal
(408) 307-8668
6 in this area
81 Total Sales
Map
Source: MLSListings
MLS Number: ML81944088
APN: 003-31-040
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