NOT LISTED FOR SALE

867 E Meadow Dr Palo Alto, CA 94303

Palo Verde Neighborhood

Estimated Value: $3,402,394 - $3,801,000

3 Beds
2 Baths
1,693 Sq Ft
$2,082/Sq Ft Est. Value

Last Sold March 28, 2018

Last sale price $2,480,000 $1,465 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $21,618/month

14 Days on Market

Highlights

  • Cottage
  • Workshop
  • Skylights
  • Palo Verde Elementary School Rated A+
  • 1 Car Detached Garage
  • 2-minute walk to Ramos Park

About This Home

As of March 2018

Charming Carmel-style cottage house in south Palo Alto. 3/2 with plenty of skylights, granite countertops, hardwood floors, new interior paint, detached garage, and transferable fully-owned solar panels. Workshop or hobby room, detached garage. Top Palo Alto schools, close to Stanford University, Stanford shopping center, Facebook, Google, freeways, library, and across from Ramos Park.

Last Agent to Sell the Property

Rona Arjomand

Coldwell Banker Realty License #01509308 Listed on: 02/15/2018

Coldwell Banker Realty

Last Buyer's Agent

David Kim

Intero Real Estate Services License #01356580

Intero Real Estate Services

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1910

Lot Details

  • 6,713 Sq Ft Lot
  • Zoning described as R1B8

Parking

  • 1 Car Detached Garage

Home Design

  • Cottage
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,693 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Wood Burning Fireplace
  • Combination Dining and Living Room
  • Workshop
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Eco-Friendly Details

  • Solar owned by seller

Utilities

  • Forced Air Heating System
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 127-21-001

Home Details

Home Type

Single Family

Year Built

Built in 1910

Lot Details

6,713 Sq Ft Lot

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Cottage
  • Listing Class: Residential
  • Structure Sq Ft: 1693
  • Year Built: 1910
  • Zoning Description: R1B8
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining Area in Living Room, No Informal Dining Room
  • Kitchen: Dishwasher
  • Living Sq Ft: 1693
  • Stories: 1
  • Additional Rooms: Workshop
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Shower over Tub - 1, Stall Shower, Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Composition

Garage/Parking

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

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Sewer Connected, Sewer in Street

Association/Amenities

  • Amenities Miscellaneous: Skylight

Lot Info

  • Parcel Number: 127-21-001
  • Lot Acres: 0.1541
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6712.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6712.00

Multi Family

  • Utilities: Solar Panels - Owned

MLS Schools

  • High School District Text: Palo Alto Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 8, 2023
Sold by
Seo Jae Won and Ji Eun
Bought by
Soe Family Trust and Seo
Current Estimated Value
$3,524,349

Purchase Details

Listed on
Feb 15, 2018
Closed on
Mar 13, 2018
Sold by
Llewellyn David Mark and Llewellyn Jeannie K
Bought by
Seo Jae Won and Jang Ji Eun
Seller's Agent
Rona Arjomand
Coldwell Banker Realty
Buyer's Agent
David Kim
Intero Real Estate Services
List Price
$1,999,888
Sold Price
$2,480,000
Premium/Discount to List
$480,112
24.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.50%
Original Mortgage
$162,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 15, 2012
Closed on
Jun 20, 2012
Sold by
Shin Young Key and Lachoi Yun La
Bought by
Llewellyn David Mark and Llewellyn Jeannie K
Seller's Agent
Irene Suh
Elim Investment Company
Buyer's Agent
Rona Arjomand
Zip Realty Inc
List Price
$1,200,000
Sold Price
$1,210,000
Premium/Discount to List
$10,000
0.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.49%
Original Mortgage
$1,063,875
Interest Rate
3.65%
Mortgage Type
VA

Purchase Details

Closed on
Mar 17, 2007
Sold by
Hammes Gerald Thomas and Hammes Catherine Jean
Bought by
Shin Young Key and Lachoi Yun La

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$915,000
Interest Rate
8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2002
Sold by
Hammes Gerald T and Hammes Catherine J
Bought by
Hammes Gerald Thomas and Hammes Catherine Jean
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Soe Family Trust -- None Listed On Document
Seo Jae Won $2,480,000 Old Republic Title Co
Llewellyn David Mark $1,210,000 Chicago Title Company
Shin Young Key $1,220,000 North American Title Company
Hammes Gerald Thomas -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Seo Jae Won $162,000
Previous Owner Llewellyn David Mark $1,063,875
Previous Owner Shin Young Key $915,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/28/2018 03/28/18 Sold $2,480,000 +24.0% $1,465 / Sq Ft
03/02/2018 03/02/18 Pending -- -- --
02/15/2018 02/15/18 For Sale $1,999,888 +65.3% $1,181 / Sq Ft
07/26/2012 07/26/12 Sold $1,210,000 +0.8% $715 / Sq Ft View Prior Sale
05/30/2012 05/30/12 Pending -- -- --
05/15/2012 05/15/12 For Sale $1,200,000 -- $709 / Sq Ft
Source: MLSListings

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 $33,424 $2,821,812 $2,708,031 $113,781
2024 $33,424 $2,766,483 $2,654,933 $111,550
2023 $32,931 $2,712,239 $2,602,876 $109,363
2022 $32,550 $2,659,059 $2,551,840 $107,219
2021 $31,908 $2,606,921 $2,501,804 $105,117
2020 $31,247 $2,580,192 $2,476,152 $104,040
2019 $30,918 $2,529,600 $2,427,600 $102,000
2018 $16,352 $1,309,531 $916,672 $392,859
2017 $16,065 $1,283,855 $898,699 $385,156
2016 $15,642 $1,258,682 $881,078 $377,604
2015 $15,486 $1,239,777 $867,844 $371,933
2014 $15,132 $1,215,493 $850,845 $364,648
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2018

    Rona Arjomand

    Coldwell Banker Realty

    Section Image

  • D

    Buyer's Agent in 2018

    David Kim

    Intero Real Estate Services

    Section Image
  • Irene Suh

    Seller's Agent in 2012

    Irene Suh

    Elim Investment Company

    (408) 781-8431

    79 Total Sales

    Irene Suh
    Section Image
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Map

Source: MLSListings

MLS Number: ML81692617

MLSListings

APN: 127-21-001

California Santa Clara County Palo Alto 94303 Palo Verde

867 E Meadow Dr, Palo Alto, CA

Not Listed for Sale

Detached

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