NOT LISTED FOR SALE

Estimated Value: $5,488,000 - $7,054,000

6 Beds
3 Baths
3,416 Sq Ft
$1,818/Sq Ft Est. Value

Last Sold November 26, 2021

Last sale price $4,900,000 $1,434 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $38,082/month

Highlights

  • Private Pool
  • Formal Dining Room
  • Fireplace
  • Addison Elementary School Rated A+
  • Open to Family Room
  • 2 Car Attached Garage

About This Home

As of January 2022

PRIME LOCATION PROPERTY AVAILABLE FOR LEASE!! Beautiful home in the quaint Crescent Park neighborhood. Great opportunity to live within seconds to downtown, world class K-12 schools for your children, minutes from Stanford University and hospital, parks, hiking trails, World class shopping, and dining. Modern amenities with old world charm and comfort. Formal living & dining rooms, office, with 6 bedrooms, 3 bath. Large yard with mature fruit trees, mature gardens leading to the private lap pool.

Last Agent to Rent the Property

Houy Kirkpatrick

Compass License #01373211 Listed on: 12/25/2021

Compass

Last Renter's Agent

Houy Kirkpatrick

Compass License #01373211 Listed on: 12/25/2021

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $59,997

Year Built

  • 1924

Lot Details

  • 0.31

Parking

  • 2 Car Attached Garage
  • On-Street Parking

Interior Spaces

  • 3,416 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fireplace
  • Formal Dining Room
  • Open to Family Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Private Pool
  • 0.31 Acre Lot
  • Forced Air Heating System

Listing and Financial Details

  • Security Deposit $10,000
  • Property Available on 1/1/22
  • Rent includes gardener, pool/spa
  • 12-Month Lease Term

Home Details

Home Type

Single Family

Est. Annual Taxes

$59,997

Year Built

1924

Lot Details

0

Parking

2

Rental Info

  • Available: 01/01/2022
  • Lease Terms: Credit Report Required
  • Maximum Lease Months: 12
  • Minimum Lease Months: 12
  • Rent Includes: Gardener, Pool/Spa
  • Security Deposit: 10000

Listing Details

  • Subclass: House For Rent
  • Age: 97
  • Listing Class: Residential Lease/Rental
  • Structure Sq Ft: 3416
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1924

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: Formal Dining Room
  • Fireplace: Yes
  • Living Sq Ft: 3416
  • Stories: 2
  • Maximum Numberof Bedrooms: 6
  • Minimum Numberof Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bedrooms: 6

Exterior Features

  • Pool Description: Yes

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage, On Street, Parking Area

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Central Forced Air

Schools

  • School District: Palo Alto Unified
  • Elementary School: Addison Elementary
  • Middle School: Frank S. Greene Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 309
  • Middle School: 329

Lot Info

  • Lot Acres: 0.3100
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 13503.60
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 13503.60

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 25, 2021
Closed on
Nov 23, 2021
Sold by
Glaser Bower R and Glaser Sally
Bought by
Ma Junji and Yang Hongji
Seller's Agent
Houy Kirkpatrick
Compass
Buyer's Agent
Houy Kirkpatrick
Compass
Sold Price
$10,000
Current Estimated Value
$6,209,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,199,353
Avg. Annual Appreciation
6.36%
Original Mortgage
$4,900,000
Outstanding Balance
$4,437,712
Interest Rate
1.87%
Mortgage Type
New Conventional
Estimated Equity
$1,760,599

Purchase Details

Closed on
Nov 1, 2012
Sold by
Bower R David and Glaser Sally
Bought by
Bower R David and Glaser Sally

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$394,300
Interest Rate
3.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 2004
Sold by
Bower R David and Glaser Sally
Bought by
Bower R David and Glaser Sally

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,870
Interest Rate
5.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2003
Sold by
Bower R David and Glaser Sally
Bought by
Bower R David and Glaser Sally Louise

Purchase Details

Closed on
Mar 29, 2003
Sold by
Bower R David and Glaser Sally
Bought by
Bower R David and Glaser Sally

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,125
Interest Rate
5.73%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 28, 2002
Sold by
Bower R David and Glaser Sally Louise
Bought by
Bower R David and Glaser Sally

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
6.29%

Purchase Details

Closed on
Oct 17, 2000
Sold by
David Bower R and Glaser Sally L
Bought by
Bower R David and Glaser Sally Louise

Purchase Details

Closed on
Jul 12, 1994
Sold by
Bower R David and Glaser Sally
Bought by
Bower R David and Glaser Sally L
Source: Public Records

Range of Values:

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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
Ma Junji $4,900,000 Old Republic Title Company
Bower R David -- Fidelity National Title Comp
Bower R David -- --
Bower R David -- North American Title Company
Bower R David -- North American Title Co
Bower R David -- North American Title Company
Bower R David -- North American Title Company
Bower R David -- --
Bower R David -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ma Junji $4,900,000
Previous Owner Bower R David $394,300
Previous Owner Bower R David $417,000
Previous Owner Bower R David $750,000
Previous Owner Bower R David $286,870
Previous Owner Bower R David $290,125
Previous Owner Bower R David $292,000
Previous Owner Bower R David $301,500
Closed Bower R David $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2022 01/03/22 Rented $10,000 0.0% --
01/03/2022 01/03/22 Under Contract -- -- --
12/25/2021 12/25/21 For Rent $10,000 0.0% --
11/26/2021 11/26/21 Sold $4,900,000 -10.9% $1,434 / Sq Ft
10/28/2021 10/28/21 Pending -- -- --
09/21/2021 09/21/21 For Sale $5,499,000 -- $1,610 / 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 $59,997 $5,199,918 $4,457,073 $742,845
2024 $59,997 $5,097,960 $4,369,680 $728,280
2023 $59,124 $4,998,000 $4,284,000 $714,000
2022 $58,458 $4,900,000 $4,200,000 $700,000
2021 $5,036 $419,785 $161,533 $258,252
2020 $5,765 $415,481 $159,877 $255,604
2019 $5,695 $407,336 $156,743 $250,593
2018 $5,555 $399,350 $153,670 $245,680
2017 $5,455 $391,520 $150,657 $240,863
2016 $5,306 $383,844 $147,703 $236,141
2015 $5,246 $378,079 $145,485 $232,594
2014 $5,055 $370,674 $142,636 $228,038
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81873062

MLSListings

APN: 003-25-065