NOT LISTED FOR SALE

858 Rorke Way Palo Alto, CA 94303

Palo Verde Neighborhood

Estimated Value: $2,921,000 - $3,995,000

4 Beds
2 Baths
1,657 Sq Ft
$2,071/Sq Ft Est. Value

Last Sold March 29, 2024

Last sale price $3,000,000 $1,811 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $21,821/month

12 Days on Market

Highlights

  • Quartz Countertops
  • Beamed Ceilings
  • Tile Flooring
  • Palo Verde Elementary School Rated A+
  • Skylights
  • Forced Air Heating System

About This Home

As of March 2024

Discover your ideal home in the heart of Palo Alto! This charming 4-bedroom, 2-bath residence offers modern living with an updated kitchen, new carpet and freshly painted both inside and out. Neighborhood schools: Palo Verde Elementary, JLS Middle School & Gunn High School (buyer to verify with PAUSD)

Last Agent to Sell the Property

Kelly Kim

Coldwell Banker Realty License #01518489 Listed on: 02/15/2024

Coldwell Banker Realty

Last Buyer's Agent

Zehong Zhang

Maxreal License #01970276

Maxreal

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,422

Year Built

  • Built in 1955

Lot Details

  • 6,970 Sq Ft Lot
  • Gated Home
  • Sprinklers on Timer
  • Back Yard Fenced
  • Zoning described as R1B7

Parking

  • 1 Car Garage
  • Garage Door Opener

Home Design

  • Slab Foundation
  • Tar and Gravel Roof

Interior Spaces

  • 1,657 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Skylights
  • Wood Burning Fireplace
  • Dining Area

Kitchen

  • Range Hood
  • Quartz Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer and Dryer

Utilities

  • Forced Air Heating System
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 127-46-025

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,422

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Age: 69
  • Listing Class: Residential
  • Structure Sq Ft: 1657
  • Year Built: 1955
  • Zoning Description: R1B7
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining Area
  • Kitchen: Countertop - Quartz, Garbage Disposal, Hood Over Range, Oven Range - Built-In, Gas, Refrigerator
  • Living Sq Ft: 1657
  • Stories: 1
  • Laundry: Inside, Washer / Dryer
  • Flooring: Carpet, Laminate, Tile
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tar and Gravel
  • Yard/Grounds: Back Yard, Fenced, Sprinklers - Auto
  • Fencing: Fenced Back, Gate

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Attached Garage, Gate / Door Opener

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Open Beam Ceiling, 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

  • Parcel Number: 127-46-025
  • Lot Acres: 0.1600
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6970.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6970.00

Multi Family

  • Utilities: 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

Listed on
Feb 15, 2024
Closed on
Mar 1, 2024
Sold by
Giamalis 1983 Living Trust
Bought by
Wang Yuanyu and Meng Bo
Seller's Agent
Kelly Kim
Coldwell Banker Realty
Buyer's Agent
Zehong Zhang
Maxreal
List Price
$3,200,000
Sold Price
$3,000,000
Premium/Discount to List
-$200,000
-6.25%
Total Days on Market
12
Views
65
Current Estimated Value
$3,432,421

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$432,421
Avg. Annual Appreciation
9.07%
Original Mortgage
$1,230,000
Outstanding Balance
$1,211,890
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$2,169,917

Purchase Details

Closed on
May 22, 2003
Sold by
Giamalis Peter J and Giamalis Rosemarie M
Bought by
Giamalis Peter J and Giamalis Rosemarie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 12, 2003
Sold by
Giamalis Peter J and Giamalis Rosemarie M
Bought by
Giamalis Peter J and Giamalis Rosemarie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 10, 2003
Sold by
Giamalis Peter J and Giamalis Rosemarie M
Bought by
Giamalis Peter J and Giamalis Rosemarie M

Purchase Details

Closed on
Apr 15, 1999
Sold by
Giamalis Peter J and Giamalis Rosemarie M
Bought by
Giamalis Peter J and Giamalis Rosemarie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.92%

Purchase Details

Closed on
Aug 7, 1998
Sold by
Giamalis Peter J and Giamalis Rosemarie M
Bought by
Giamalis Peter J and Giamalis Rosemarie M

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%

Purchase Details

Closed on
Jul 9, 1998
Sold by
Giamalis Peter J and Giamalis Rosemarie M
Bought by
Giamalis Peter J and Giamalis Rosemarie M

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%

Purchase Details

Closed on
Sep 16, 1993
Sold by
Giamalis Peter J and Giamalis Rosemarie M
Bought by
Giamalis Peter J and Giamalis Rosemarie M
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
Wang Yuanyu $3,000,000 Old Republic Title
Giamalis Peter J -- --
Giamalis Peter J -- Stewart Title Of California
Giamalis Peter J -- --
Giamalis Peter J -- Alliance Title Company
Giamalis Peter J -- Alliance Title Company
Giamalis Peter J -- --
Giamalis Peter J -- Commonwealth Land Title Co
Giamalis Peter J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Yuanyu $1,230,000
Previous Owner Giamalis Peter J $175,000
Previous Owner Giamalis Peter J $180,000
Previous Owner Giamalis Peter J $240,000
Previous Owner Giamalis Peter J $227,000
Previous Owner Giamalis Peter J $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2024 03/29/24 Sold $3,000,000 -6.3% $1,811 / Sq Ft
02/28/2024 02/28/24 Pending -- -- --
02/15/2024 02/15/24 For Sale $3,200,000 -- $1,931 / 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 $37,422 $3,060,000 $2,805,000 $255,000
2024 $37,422 $3,100,000 $2,950,000 $150,000
2023 $2,167 $98,935 $37,717 $61,218
2022 $2,050 $96,996 $36,978 $60,018
2021 $2,006 $95,095 $36,253 $58,842
2020 $1,982 $94,121 $35,882 $58,239
2019 $1,953 $92,277 $35,179 $57,098
2018 $1,919 $90,469 $34,490 $55,979
2017 $1,882 $88,696 $33,814 $54,882
2016 $1,825 $86,957 $33,151 $53,806
2015 $1,799 $85,652 $32,654 $52,998
2014 $1,663 $83,975 $32,015 $51,960
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2024

    Kelly Kim

    Coldwell Banker Realty

    (650) 917-7961

    1 in this area

    11 Total Sales

    Section Image
  • Zehong Zhang

    Buyer's Agent in 2024

    Zehong Zhang

    Maxreal

    (408) 307-8668

    2 in this area

    77 Total Sales

    Section Image
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Map

Source: MLSListings

MLS Number: ML81954379

MLSListings

APN: 127-46-025

California Santa Clara County Palo Alto 94303 Palo Verde

858 Rorke Way, Palo Alto, CA

This home is located at 858 Rorke Way, Palo Alto, CA 94303 since 15 February 2024 and is currently estimated at $3,432,421, approximately $2,071 per square foot. This property was built in 1955. 858 Rorke Way is a home located in Santa Clara County with nearby schools including Palo Verde Elementary School, Jane Lathrop Stanford Middle School, and Henry M. Gunn High School.

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