NOT LISTED FOR SALE

Estimated Value: $2,879,000 - $4,736,000

4 Beds
3 Baths
2,300 Sq Ft
$1,514/Sq Ft Est. Value

Highlights

  • Primary Bedroom Suite
  • Family Room with Fireplace
  • 1 Car Detached Garage
  • Walter Hays Elementary Rated A+
  • Marble Flooring
  • 5-minute walk to Eleanor Pardee Park

About This Home

As of July 2012

This charming newly built Mediterranean home has 4 bedrooms and 3 baths with a separate family room. The home boasts of designer touches throughout with double door entry and a marble tile foyer, sprial staircase, granite counters in the kitchen with upgraded appliances.Walk to Rinconada park, Lucie Stern Community Center, Library, Art Center and schools.

Last Agent to Rent the Property

Arti Miglani

Compass License #01150085 Listed on: 07/16/2012

Compass

Last Renter's Agent

Grace Wu

Compass License #00886757

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,024

Year Built

  • 1995

Lot Details

  • Sprinklers on Timer

Parking

  • 1 Car Detached Garage

Home Design

  • Tile Roof

Interior Spaces

  • 2,300 Sq Ft Home
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Family Room with Fireplace
  • Combination Dining and Living Room

Kitchen

  • Built-In Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • 3 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts

Listing and Financial Details

  • Security Deposit $16,000
  • Property Available on 8/15/12
  • Rent includes gardener
  • 12-Month Minimum Lease Term

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,024

Year Built

1995

Lot Details

0

Parking

1

Rental Info

  • Available: 08/15/2012
  • Lease Term Minimum: 12
  • Lease Terms: Additional Forms Req'd
  • Lease Information: Additional Forms Req'd, Call L/A Before Writing Deposit Recp't
  • Minimum Lease Months: 12
  • Move In Out Fee: 8000
  • Rent Closed Price: 8000
  • Rent Includes: Gardener
  • Rent List Price: 8000
  • Security Deposit: 16000

Listing Details

  • Zoning: R1
  • Subclass: House For Rent
  • Restrictions: Pets - Submit Request
  • Age: 17
  • Inspections Reports: Flood Zone, Fault Zone
  • Listing Class: Residential Lease/Rental
  • Maximum Unit Floor Number: 1
  • Maximum Unit Levels: 2
  • Structure Sq Ft: 2300
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1995

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Yes, Family Room, Gas Starter
  • Dining Room: No Informal Dining Room, Dining Area In Living Room
  • Kitchen: 220 Volt Outlet, Dishwasher, Garbage Disposal, Refrigerator, Microwave, Oven - Self Cleaning, Oven Range - Built-In
  • Living Sq Ft: 2300
  • Bedrooms: Primary Suite / Retreat
  • Laundry: 220 Volt Outlet, Dryer, Washer, In Laundry Room
  • Flooring: Carpet - Area, Tile, Hardwood, Marble
  • Maximum Bathrooms: 3
  • Maximum Numberof Bedrooms: 4
  • Minimum Bathrooms: 3
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Bathroom: Shower Over Tub - 1, Stall Shower, Tubs - 1

Exterior Features

  • Roof: Tile
  • View: Local/Neighborhood
  • Yard/Grounds: Courtyard Uncovered, Patio(s), Sprinkler(s) - Front, Sprinkler(s) - Rear, Sprinklers - Auto
  • Pool: Pool - No

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Detached Garage

Utilities

  • Cooling System: Central Ac
  • Heating System: Forced Air

Association/Amenities

  • Amenities Miscellaneous: Window Covering(s)

Condo/Co-op/Association

  • Levels In Unit: 2

Schools

  • School District: Palo Alto Unified
  • Elementary School: Duveneck Elementary
  • Middle School: David Starr Jordan Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 311
  • Middle School: 329

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5700.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 5700.00
  • Lot Size Area Min Search: 5700.00
  • Maximum Lot Size: 5700.00

Green Features

  • Energy Features: Double Pane Windows

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 21, 2005
Sold by
Welch Charles W and Welch Sandra L
Bought by
Welch Charles W and Welch Sandra L
Current Estimated Value
$3,482,419

Purchase Details

Closed on
Apr 1, 1999
Sold by
Qing Xie and Lee Winnie H
Bought by
Welch Charles W and Welch Sandra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
7.04%

Purchase Details

Closed on
Jun 3, 1998
Sold by
Qing Xie and Lee Winnie H
Bought by
Xie Qing and Lee Winnie H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,000
Interest Rate
7.1%

Purchase Details

Closed on
May 22, 1995
Sold by
Shakernia Hassan and Shakernia Maryam
Bought by
Xie Qing and Lee Winnie H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
8.43%

Purchase Details

Closed on
Jun 22, 1994
Sold by
Keaveny Jerome
Bought by
Shakernia Hassan and Shakernia Maryam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
8.83%
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
Welch Charles W -- --
Welch Charles W -- North American Title Co
Xie Qing -- Fidelity National Title Co
Xie Qing $874,000 First American Title Guarant
Shakernia Hassan $330,000 First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Welch Charles W $1,495,000
Closed Welch Charles W $1,000,000
Closed Welch Charles W $250,000
Closed Welch Charles W $855,000
Closed Welch Charles W $880,000
Closed Welch Charles W $900,000
Previous Owner Xie Qing $227,000
Previous Owner Xie Qing $270,000
Previous Owner Shakernia Hassan $264,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2012 07/24/12 Rented $8,000 0.0% --
07/24/2012 07/24/12 Under Contract -- -- --
07/16/2012 07/16/12 For Rent $8,000 -- --
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 $25,024 $2,085,061 $1,457,981 $627,080
2024 $25,024 $2,044,179 $1,429,394 $614,785
2023 $24,655 $2,004,098 $1,401,367 $602,731
2022 $24,368 $1,964,803 $1,373,890 $590,913
2021 $23,888 $1,926,278 $1,346,951 $579,327
2020 $23,399 $1,906,527 $1,333,140 $573,387
2019 $23,140 $1,869,145 $1,307,000 $562,145
2018 $22,509 $1,832,496 $1,281,373 $551,123
2017 $22,114 $1,796,566 $1,256,249 $540,317
2016 $21,534 $1,761,340 $1,231,617 $529,723
2015 $21,323 $1,734,884 $1,213,117 $521,767
2014 $20,874 $1,700,901 $1,189,354 $511,547
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81226675

MLSListings

APN: 003-34-037