NOT LISTED FOR SALE

Estimated Value: $3,949,000 - $5,117,000

4 Beds
3 Baths
2,247 Sq Ft
$2,010/Sq Ft Est. Value

Last Sold September 25, 2023

Last sale price $3,920,000 $1,745 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $28,517/month

12 Days on Market

Highlights

  • Skyline View
  • Vaulted Ceiling
  • Main Floor Bedroom
  • Palo Verde Elementary School Rated A+
  • Radiant Floor
  • Spanish Architecture

About This Home

As of September 2023

A MUST SEE! Top quality 2016 built home with stunning Spanish design on a quiet cul-de-sac. This single gem is nestled in the most desirable neighborhood with many other newer homes close to the heart of Midtown. Beautiful gleaming dark hardwood floors, oversized windows, vaulted ceilings, extra-large chef's kitchen with commercial type appliances like Viking® 6 burners range and VentAHood® hood, custom built cabinets, open floor plan with sliding glass door opens to private backyard. A ground floor bedroom perfect for elders/ in laws. Upstairs master suite with built-in walk-in closet and bright master bath with skylight. The garage with flooring was used as home office/gym. Enjoy the convenience of a short drive to 101 Freeway and grocery. Lifestyle of comfort, convenience and community.

Last Agent to Sell the Property

Teresa lu

Morgan Real Estate License #02101570 Listed on: 09/06/2023

Co-Listed By

yiwen wu

Morgan Real Estate License #02140371

Last Buyer's Agent

RECIP

Out of Area Office License #00000000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $46,970

Year Built

  • Built in 2016

Lot Details

  • 6,003 Sq Ft Lot
  • Wood Fence
  • Sprinklers on Timer
  • Grass Covered Lot
  • Back Yard
  • Zoning described as R1

Parking

  • 1 Car Garage
  • Off-Street Parking

Home Design

  • Spanish Architecture
  • Mediterranean Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Ceiling Insulation
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,247 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Skylights
  • Double Pane Windows
  • Formal Entry
  • Separate Family Room
  • Formal Dining Room
  • Skyline Views
  • Fire Sprinkler System

Kitchen

  • Double Oven
  • Gas Cooktop
  • Granite Countertops

Flooring

  • Wood
  • Radiant Floor
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Remodeled Bathroom
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Dual Sinks
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Washer and Dryer

Utilities

  • Forced Air Zoned Heating System
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 127-28-051

Home Details

Home Type

Single Family

Est. Annual Taxes

$46,970

Year Built

Built in 2016

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Mediterranean, Spanish
  • Property Condition: Built / Remodeled Green
  • Age: 7
  • Listing Class: Residential
  • Structure Sq Ft: 2247
  • Year Built: 2016
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Dining Room: Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Granite, Oven - Double, Refrigerator
  • Living Sq Ft: 2247
  • Stories: 2
  • Security: Fire System - Sprinkler
  • Bedrooms: Ground Floor Bedroom, Walk-in Closet
  • Laundry: Inside, Washer / Dryer
  • Flooring: Hardwood, Tile
  • Additional Rooms: Formal Entry
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Full on Ground Floor, Primary - Stall Shower(s), Skylight, Stall Shower - 2+, Updated Bath

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tile
  • Yard/Grounds: Back Yard, Fenced, Low Maintenance, Sprinklers - Auto
  • Fencing: Fenced, Wood
  • Construction Type: Stucco, Wood Frame

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, Heating - 2+ Zones, Radiant Floors
  • Sewer/Septic System: Drainage - Public Storage

Association/Amenities

  • Amenities Miscellaneous: Skylight, Vaulted Ceiling, Walk-in Closet

Schools

  • School District: Palo Alto Unified
  • Elementary School: Palo Verde Elementary
  • Middle School: Jane Lathrop Stanford Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 320
  • Middle School: 322

Lot Info

  • Parcel Number: 127-28-051
  • Lot Acres: 0.1378
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6002.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6002.00

Green Features

  • Energy Features: Ceiling Insulation, Double Pane Windows, Skylight, Tankless Water Heater

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Palo Verde Elementary
  • High School Text: Palo Alto High
  • Middle School Text: Jane Lathrop Stanford Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2023
Closed on
Sep 22, 2023
Sold by
Zhu Chen and Zhu Yutong Zhang
Bought by
Jin And Luo Family Trust and Jin
Seller's Agent
Teresa lu
Morgan Real Estate
Buyer's Agent
RECIP
Out of Area Office
List Price
$4,188,000
Sold Price
$3,920,000
Premium/Discount to List
-$268,000
-6.4%
Views
45
Current Estimated Value
$4,515,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$595,523
Avg. Annual Appreciation
7.64%
Original Mortgage
$2,000,000
Outstanding Balance
$1,951,859
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$2,563,664

Purchase Details

Listed on
Jan 5, 2023
Closed on
Feb 1, 2023
Sold by
Fu Laura Z and Fu Daniel O
Bought by
Chen Zhu and Zhang Yutong
Seller's Agent
Tim Foy
Midtown Realty
Buyer's Agent
Teresa lu
Morgan Real Estate
List Price
$3,850,000
Sold Price
$3,850,000
Views
46

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.10%
Original Mortgage
$2,650,000
Interest Rate
6.48%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 10, 2015
Closed on
Apr 3, 2015
Sold by
Kroeger Harold W and Kroeger Mary K
Bought by
Fu Laura Z and Jamati Daniel O
Seller's Agent
Michelle Taser
Golden Gate Sotheby's International Realty
Buyer's Agent
Tim Foy
Midtown Realty
List Price
$1,798,000
Sold Price
$2,200,000
Premium/Discount to List
$402,000
22.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.42%
Original Mortgage
$800,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 19, 2010
Sold by
Kroeger Harold W
Bought by
Kroeger Harold W and Kroeger Mary K

Purchase Details

Closed on
May 15, 2001
Sold by
Kroeger Walter W and Kroeger Ruth
Bought by
Kroeger Walter W and Kroeger Ruth
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
Jin And Luo Family Trust $3,920,000 Chicago Title
Chen Zhu $3,850,000 Old Republic Title
Fu Laura Z $2,200,000 Chicago Title
Kroeger Harold W -- None Available
Kroeger Walter W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jin And Luo Family Trust $2,000,000
Previous Owner Chen Zhu $2,650,000
Previous Owner Fu Laura Z $708,000
Previous Owner Fu Laura Z $769,000
Previous Owner Fu Laura Z $100,000
Previous Owner Fu Laura Z $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2023 09/25/23 Sold $3,920,000 -6.4% $1,745 / Sq Ft
09/18/2023 09/18/23 Pending -- -- --
09/06/2023 09/06/23 For Sale $4,188,000 +8.8% $1,864 / Sq Ft
02/20/2023 02/20/23 Sold $3,850,000 0.0% $1,713 / Sq Ft
01/27/2023 01/27/23 Pending -- -- --
01/05/2023 01/05/23 For Sale $3,850,000 +75.0% $1,713 / Sq Ft
04/30/2015 04/30/15 Sold $2,200,000 +22.4% $2,266 / Sq Ft
03/18/2015 03/18/15 Pending -- -- --
03/10/2015 03/10/15 For Sale $1,798,000 -- $1,852 / 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 $46,970 $3,998,400 $3,417,000 $581,400
2024 $46,970 $3,920,000 $3,350,000 $570,000
2023 $45,399 $3,768,466 $2,541,397 $1,227,069
2022 $44,877 $3,694,575 $2,491,566 $1,203,009
2021 $43,993 $3,622,133 $2,442,712 $1,179,421
2020 $43,075 $3,584,993 $2,417,665 $1,167,328
2019 $42,602 $3,514,700 $2,370,260 $1,144,440
2018 $41,419 $3,445,785 $2,323,785 $1,122,000
2017 $40,709 $3,378,221 $2,278,221 $1,100,000
2016 $27,069 $2,233,550 $1,563,485 $670,065
2015 $1,578 $59,933 $29,585 $30,348
2014 -- $58,760 $29,006 $29,754
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81933696

MLSListings

APN: 127-28-051