NOT LISTED FOR SALE

85 Roosevelt Cir Palo Alto, CA 94306

Fairmeadow Neighborhood

Estimated Value: $3,704,000 - $4,329,000

3 Beds
2.5 Baths
2,156 Sq Ft
$1,829/Sq Ft Est. Value

Last Sold December 17, 2020

Last sale price $3,189,000 $1,479 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $24,876/month

65 Days on Market

Highlights

  • Primary Bedroom Suite
  • Custom Home
  • Soaking Tub in Primary Bathroom
  • Fairmeadow Elementary School Rated A+
  • Skyline View
  • Radiant Floor

About This Home

As of December 2020

New price, don't miss this gorgeous ultra-contemporary custom-designed home by architect Slosar Design and rebuilt by DeMattei Construction in 2016. This flexible & open one-level floor plan offers endless possibilities for quality living. High-end construction & finishes are abundant throughout this bright and airy one-of-a-kind modern masterpiece. Gourmet kitchen with island opens to a spacious living room with skylights and disappearing glass pocket doors leading to outdoor patios on two sides. Spacious master retreat with luxurious bathroom, custom-designed walk-in closet, and an additional room to use as a gym/nursery/second home office. Family room/den makes a great media room and offers an attached office with a private entry, which can easily be converted into a fourth bedroom with ensuite bathroom. Zoned radiant floor heating. Ductless mini-split heating & air conditioning systems. Walk to schools, parks, shopping & more. Award winning Palo Alto Schools.

Last Agent to Sell the Property

Jerylann Mateo

Compass License #01362250 Listed on: 09/29/2020

Compass

Last Buyer's Agent

Matt Zampella

Christie's International Real Estate Sereno License #01815607

Christie's International Real Estate Sereno

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $40,678

Year Built

  • 2016

Lot Details

  • 6,560 Sq Ft Lot
  • Level Lot
  • Drought Tolerant Landscaping
  • Grass Covered Lot
  • Back Yard Fenced

Parking

  • 1 Car Garage

Property Views

  • Skyline
  • Neighborhood

Home Design

  • Custom Home
  • Contemporary Architecture
  • Modern Architecture
  • Slab Foundation
  • Stucco

Interior Spaces

  • 2,156 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Skylights in Kitchen
  • Double Pane Windows
  • Separate Family Room
  • Combination Dining and Living Room
  • Den

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Gas Cooktop
  • Microwave
  • Kitchen Island

Flooring

  • Radiant Floor
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dual Flush Toilets
  • Soaking Tub in Primary Bathroom
  • Oversized Bathtub in Primary Bathroom
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer

Additional Features

  • Balcony
  • Zoned Heating and Cooling

Home Details

Home Type

Single Family

Est. Annual Taxes

$40,678

Year Built

2016

Lot Details

0

Parking

1

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Style: Contemporary, Custom, Modern / High Tech
  • Age: 4
  • Listing Class: Residential
  • Structure Sq Ft: 2156
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2016

Interior Features

  • Family Room: Separate Family Room
  • Dining Room: Breakfast Bar, Dining Area In Living Room
  • Kitchen: Cooktop - Gas, Countertop - Other, Island, Microwave, Oven - Built-In, Pantry, Refrigerator, Skylight
  • Living Sq Ft: 2156
  • Stories: 1
  • Bedrooms: Primary Suite / Retreat, Walk-In Closet
  • Laundry: Inside, Washer / Dryer
  • Flooring: Tile
  • Additional Rooms: Den / Study / Office, Laundry Room
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Dual Flush Toilet, Primary - Oversized Tub, Primary - Stall Shower(s), Skylight, Stall Shower - 2+, Tile, Tub In Primary Bedroom

Exterior Features

  • Foundation: Concrete Slab
  • View: Neighborhood
  • Yard/Grounds: Back Yard, Balcony / Patio, Drought Tolerant Plants, Fenced, Low Maintenance
  • Fencing: Fenced Back
  • Construction Type: Stucco

Garage/Parking

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

Utilities

  • Cooling System: Multi-Zone
  • Heating System: Individual Room Controls, Radiant Floors
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Skylight, Walk-In Closet

Schools

  • School District: Palo Alto Unified
  • Elementary School: Fairmeadow Elementary
  • Middle School: Jane Lathrop Stanford Middle
  • High School: Henry M. Gunn High
  • High School: 325
  • Elementary School: 314
  • Middle School: 322

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1506
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6559.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6559.00

Green Features

  • Energy Features: Double Pane Windows, Skylight

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2020
Closed on
Dec 9, 2020
Sold by
James David and James Ada Obrea
Bought by
Cheung Kwok Yin and Cheung Kong Mian
Seller's Agent
Jerylann Mateo
Compass
Buyer's Agent
Matt Zampella
Christie's International Real Estate Sereno
List Price
$3,288,000
Sold Price
$3,189,000
Premium/Discount to List
-$99,000
-3.01%
Current Estimated Value
$3,943,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$754,302
Avg. Annual Appreciation
4.62%

Purchase Details

Listed on
Jan 16, 2019
Closed on
Feb 12, 2019
Sold by
Catania Florence and The Florence Catania Revocable
Bought by
Obrea James David and Obrea James Ada
Seller's Agent
Sophie Ravel
Keller Williams Palo Alto
Buyer's Agent
Jerylann Mateo
Compass
List Price
$3,188,000
Sold Price
$3,200,000
Premium/Discount to List
$12,000
0.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.19%
Original Mortgage
$2,240,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2015
Sold by
Catania Florence
Bought by
Catania Florence

Purchase Details

Closed on
Mar 14, 2004
Sold by
Sun Junyi and Sun Kaylyn Jing Hong
Bought by
Catania Nicolas and Catania Florence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 26, 2000
Sold by
Sybil Warsowe Cramer and Sybil Stephen P
Bought by
Sun Junyi and Sun Kaylyn J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
7.95%
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
Cheung Kwok Yin $3,189,000 First American Title Company
Obrea James David $3,200,000 Old Republic Title Co
Catania Florence -- None Available
Catania Nicolas $834,000 Ticor Title Company
Sun Junyi $801,000 Financial Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Obrea James David $2,240,000
Previous Owner Catania Nicolas $1,450,000
Previous Owner Catania Nicolas $548,500
Previous Owner Catania Nicolas $573,000
Previous Owner Catania Nicolas $582,000
Previous Owner Catania Nicolas $106,000
Previous Owner Catania Nicolas $100,000
Previous Owner Catania Nicolas $50,000
Previous Owner Catania Nicolas $650,000
Previous Owner Sun Junyi $445,000
Previous Owner Sun Junyi $646,000
Previous Owner Sun Junyi $646,000
Previous Owner Sun Junyi $645,000
Previous Owner Sun Junyi $646,000
Previous Owner Sun Junyi $650,000
Previous Owner Sun Junyi $640,000
Previous Owner Cramer Stephen P $400,000
Closed Catania Nicolas $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2020 12/17/20 Sold $3,189,000 -0.3% $1,479 / Sq Ft
12/03/2020 12/03/20 Pending -- -- --
10/22/2020 10/22/20 Price Changed $3,198,000 -2.7% $1,483 / Sq Ft
09/29/2020 09/29/20 For Sale $3,288,000 +2.8% $1,525 / Sq Ft
02/21/2019 02/21/19 Sold $3,200,000 +0.4% $1,706 / Sq Ft
01/28/2019 01/28/19 Pending -- -- --
01/16/2019 01/16/19 For Sale $3,188,000 -- $1,699 / 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 $40,678 $3,451,874 $2,760,201 $691,673
2024 $40,678 $3,384,191 $2,706,080 $678,111
2023 $40,162 $3,317,835 $2,653,020 $664,815
2022 $39,701 $3,252,780 $2,601,000 $651,780
2021 $38,920 $3,189,000 $2,550,000 $639,000
2020 $39,296 $3,264,000 $2,845,800 $418,200
2019 $17,082 $1,366,055 $866,695 $499,360
2018 $16,620 $1,339,270 $849,701 $489,569
2017 $16,327 $1,313,011 $833,041 $479,970
2016 $12,013 $956,065 $816,707 $139,358
2015 $12,420 $986,619 $804,440 $182,179
2014 $12,113 $967,294 $788,683 $178,611
Source: Public Records

Agents Affiliated with this Home

  • Jerylann Mateo

    Seller's Agent in 2020

    Jerylann Mateo

    Compass

    (650) 743-7895

    1 in this area

    71 Total Sales

    Jerylann Mateo
    Section Image
  • Matt Zampella

    Buyer's Agent in 2020

    Matt Zampella

    Sereno Group

    (415) 264-7224

    1 in this area

    57 Total Sales

    Matt Zampella
    Section Image
  • Sophie Ravel

    Seller's Agent in 2019

    Sophie Ravel

    Keller Williams Palo Alto

    (650) 796-4732

    37 Total Sales

    Sophie Ravel
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81812765

MLSListings

APN: 132-29-009

California Santa Clara County Palo Alto 94306 Fairmeadow

85 Roosevelt Cir, Palo Alto, CA

This home is located at 85 Roosevelt Cir, Palo Alto, CA 94306 since 29 September 2020 and is currently estimated at $3,943,302, approximately $1,828 per square foot. This property was built in 2016. 85 Roosevelt Cir is a home located in Santa Clara County with nearby schools including Fairmeadow Elementary School, Jane Lathrop Stanford Middle School, and Henry M. Gunn High School.

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