NOT LISTED FOR SALE

865 Oregon Ave Palo Alto, CA 94303

Old Palo Alto Neighborhood

Estimated Value: $3,178,000 - $3,712,000

3 Beds
2 Baths
1,677 Sq Ft
$2,036/Sq Ft Est. Value

Last Sold September 03, 2021

Last sale price $2,659,800 $1,586 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $21,569/month

8 Days on Market

Highlights

  • Wood Flooring
  • Balcony
  • Formal Entry
  • Walter Hays Elementary Rated A+
  • Bathtub with Shower
  • Bathroom on Main Level

About This Home

As of September 2021

Comfortable one-level home with recent cosmetic updates offers a convenient location and easy access to Palo Altos excellent public schools, shopping and major commute arteries leading to major Silicon Valley employers and San Francisco. The living room features hardwood floors and a wood burning fireplace and opens to a dining area with sliding glass doors leading to the sunny back yard. A separate wood-paneled family room with access to the outdoors provides a space for informal gathering. The floor plan includes 3 bedrooms and 2 baths as well as an attached 2-car garage. Home is freshly prepared for the new owner.

Last Agent to Sell the Property

Carol,Nicole & James

Compass License #07000304 Listed on: 07/14/2021

Last Buyer's Agent

Bin Zhou

Keller Williams Thrive License #01984918

Keller Williams Thrive

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,030

Year Built

  • Built in 1959

Lot Details

  • 6,560 Sq Ft Lot
  • Wood Fence
  • Level Lot
  • Back Yard
  • Zoning described as R1

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Ceiling Insulation
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 1,677 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Formal Entry
  • Separate Family Room
  • Living Room with Fireplace
  • Wood Flooring

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry in Garage
  • Electric Dryer Hookup

Additional Features

  • Balcony
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 003-55-059

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,030

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Age: 62
  • Listing Class: Residential
  • Structure Sq Ft: 1677
  • Incorporated: Yes
  • Year Built: 1959
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room, Wood Burning
  • Dining Room: Dining "L"
  • Kitchen: Cooktop - Electric, Dishwasher, Hood Over Range, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 1677
  • Stories: 1
  • Bedrooms: Ground Floor Bedroom, Primary Bedroom on Ground Floor
  • Laundry: Electricity Hookup (220V), In Garage
  • Flooring: Hardwood
  • Additional Rooms: Formal Entry
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Full on Ground Floor, Shower over Tub - 1, Stall Shower, Tile
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Composition, Shingle
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced
  • Fencing: Wood
  • Construction Type: Stucco, Wood

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Gate / Door Opener

Utilities

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

Schools

  • School District: Palo Alto Unified
  • Elementary School: Walter Hays Elementary
  • Middle School: Frank S. Greene Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 315
  • Middle School: 329

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 003-55-059
  • Lot Acres: 0.1506
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6561.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6561.00

Green Features

  • Energy Features: Ceiling Insulation

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Walter Hays Elementary
  • High School Text: Palo Alto High
  • Middle School Text: Frank S. Greene Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2021
Closed on
Aug 12, 2021
Sold by
Leland Stanford Junior University
Bought by
Zhou Bin and Ouyang Beini
Seller's Agent
Carol,Nicole & James
Compass
Buyer's Agent
Bin Zhou
Keller Williams Thrive
List Price
$2,600,000
Sold Price
$2,659,800
Premium/Discount to List
$59,800
2.3%
Current Estimated Value
$3,414,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$754,213
Avg. Annual Appreciation
6.47%
Original Mortgage
$1,850,000
Outstanding Balance
$1,663,121
Interest Rate
1.87%
Mortgage Type
New Conventional
Estimated Equity
$1,750,892

Purchase Details

Closed on
Apr 29, 2021
Sold by
Hu Mitzi and Shih Ju Hu Revocable Trust
Bought by
The Leland Stanford Junior University
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
Zhou Bin $2,660,000 Old Republic Title Company
The Leland Stanford Junior University -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhou Bin $1,850,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2021 09/03/21 Sold $2,659,800 +2.3% $1,586 / Sq Ft
07/23/2021 07/23/21 Pending -- -- --
07/14/2021 07/14/21 For Sale $2,600,000 -- $1,550 / 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 $36,030 $3,041,084 $2,653,020 $388,064
2024 $36,030 $2,981,455 $2,601,000 $380,455
2023 $35,501 $2,922,996 $2,550,000 $372,996
2022 $32,642 $2,659,800 $2,500,000 $159,800
2021 $2,115 $97,273 $38,392 $58,881
2020 $2,089 $96,277 $37,999 $58,278
2019 $2,061 $94,390 $37,254 $57,136
2018 $2,025 $92,540 $36,524 $56,016
2017 $1,988 $90,726 $35,808 $54,918
2016 $1,930 $88,948 $35,106 $53,842
2015 $1,904 $87,613 $34,579 $53,034
2014 $1,768 $85,898 $33,902 $51,996
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Carol,Nicole & James

    Compass

    (650) 465-5958

    11 in this area

    102 Total Sales

    Carol,Nicole & James
    Section Image

  • B

    Buyer's Agent in 2021

    Bin Zhou

    Keller Williams Thrive

    Section Image
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Map

Source: MLSListings

MLS Number: ML81853562

MLSListings

APN: 003-55-059

California Santa Clara County Palo Alto 94303 Old Palo Alto

865 Oregon Ave, Palo Alto, CA

This home is located at 865 Oregon Ave, Palo Alto, CA 94303 since 14 July 2021 and is currently estimated at $3,414,013, approximately $2,035 per square foot. This property was built in 1959. 865 Oregon Ave is a home located in Santa Clara County with nearby schools including Walter Hays Elementary, Frank S. Greene Jr. Middle, and Palo Alto High School.

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