NOT LISTED FOR SALE

Estimated Value: $3,240,000 - $4,004,000

4 Beds
3 Baths
1,769 Sq Ft
$2,011/Sq Ft Est. Value

Last Sold October 18, 2022

Last sale price $3,100,000 $1,752 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $23,076/month

7 Days on Market

Highlights

  • Attic
  • Bonus Room
  • Neighborhood Views
  • Palo Verde Elementary School Rated A+
  • Corian Countertops
  • Den

About This Home

As of October 2022

Top-ranked Palo Verde Elementary School is just steps away from the front door of this delightful 4-bedroom, 3-bathroom home with nearly 1,800 square feet of bright, fresh living space. A gated garden entrance welcomes you, and inside, the floorplan features the living room with a centerpiece fireplace, the dining room that adjoins the kitchen for easy entertaining, and the light-filled sun room with outdoor access. Accommodations include an attached in-law unit with a living room, kitchen, bedroom, and bathroom, providing great space for guests or extended family. Outside, the peaceful backyard includes a deck, patio, and work room, and this home also features a garage ideal as a yoga/fitness studio. Multiple parks are within walking distance, and this home is just a mile from the Midtown Shopping Center, and a 5-minute drive to US 101.

Last Agent to Sell the Property

Michael Repka

Deleon Realty License #70010006 Listed on: 09/14/2022

Last Buyer's Agent

Mahmut Altun

Intero Real Estate Services License #02062282

Intero Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,263

Year Built

  • 1955

Lot Details

  • 7,462 Sq Ft Lot
  • Gated Home
  • Back and Front Yard Fenced
  • Wood Fence
  • Level Lot
  • Sprinklers on Timer
  • Drought Tolerant Landscaping

Home Design

  • Flat Roof Shape
  • Slab Foundation
  • Wood Frame Construction
  • Stucco

Interior Spaces

  • 1,769 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Gas Fireplace
  • Double Pane Windows
  • Garden Windows
  • Separate Family Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Den
  • Bonus Room
  • Neighborhood Views
  • Attic

Kitchen

  • Electric Oven
  • Self-Cleaning Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Corian Countertops
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Low Flow Toliet
  • Bathtub Includes Tile Surround

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • No Garage
  • Tandem Parking
  • On-Street Parking

Outdoor Features

  • Outside Bathroom Access
  • Balcony
  • Shed

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Wood Insert Heater
  • Wall Furnace
  • Vented Exhaust Fan
  • Thermostat

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,263

Year Built

1955

Lot Details

0

Listing Details

  • Zoning: R1B7
  • Subclass: Single Family Home
  • Age: 67
  • Listing Class: Residential
  • Structure Sq Ft: 1769
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1955

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Burning, Insert, Living Room
  • Dining Room: Dining Area In Living Room, No Formal Dining Room
  • Kitchen: Countertop - Solid Surface / Corian, Dishwasher, Exhaust Fan, Garbage Disposal, Ice Maker, Microwave, Oven - Self Cleaning, Oven Range - Electric, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1769
  • Stories: 1
  • Bedrooms: More Than One Bedroom On Ground Floor, Walk-In Closet
  • Laundry: Dryer, Electricity Hookup (110V), Inside, Washer
  • Flooring: Laminate, Tile
  • Additional Rooms: Attic, Bonus / Hobby Room, Den / Study / Office, Storage
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Bathroom: Outside Access, Tile

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Flat / Low Pitch
  • View: Neighborhood
  • Yard/Grounds: Back Yard, Balcony / Patio, Drought Tolerant Plants, Fenced, Sprinklers - Auto, Storage Shed / Structure
  • Fencing: Complete Perimeter, Fenced, Fenced Back, Fenced Front, Gate, Wood
  • Construction Type: Stucco, Wood, Wood Frame

Garage/Parking

  • Parking Spaces: 2
  • Garage Parking Features: No Garage, On Street, Tandem Parking

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Central Forced Air - Gas, Fireplace, Wall Furnace
  • Sewer/Septic System: Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Garden Window, Open Beam Ceiling, Walk-In Closet

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

  • Lot Description: Grade - Level
  • Lot Acres: 0.1713
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7460.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7460.00

Green Features

  • Energy Features: Double Pane Windows, Low Flow Toilet, Thermostat Controller

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 19, 2024
Sold by
Pherwani Pragya and Jain Vinay Ramesh
Bought by
Jain-Pherwani Family Trust and Jain
Total Days on Market
7
Current Estimated Value
$3,557,660

Purchase Details

Listed on
Sep 14, 2022
Closed on
Sep 23, 2022
Sold by
Edna H Grod Living Trust
Bought by
Pherwani Pragya and Jain Vinay Ramesh
Seller's Agent
Michael Repka
Deleon Realty
Buyer's Agent
Mahmut Altun
Intero Real Estate Services
List Price
$2,488,000
Sold Price
$3,100,000
Premium/Discount to List
$612,000
24.6%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.35%
Original Mortgage
$1,725,000
Interest Rate
4.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2016
Sold by
Grod Edna H
Bought by
Grod Edna H and Wittenberg Julius G

Purchase Details

Closed on
Nov 3, 1993
Sold by
Grod Edna H
Bought by
Grod Edna H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,500
Interest Rate
6.91%
Source: Public Records

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Range of Values:

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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
Jain-Pherwani Family Trust -- None Listed On Document
Pherwani Pragya $3,100,000 First American Title
Grod Edna H -- None Available
Grod Edna H -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pherwani Pragya $1,725,000
Previous Owner Grod Edna H $53,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2022 10/18/22 Sold $3,100,000 +24.6% $1,752 / Sq Ft
09/22/2022 09/22/22 Pending -- -- --
09/14/2022 09/14/22 For Sale $2,488,000 -- $1,406 / 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
2024 $37,263 $3,162,000 $2,907,000 $255,000
2023 $36,721 $3,100,000 $2,850,000 $250,000
2022 $1,322 $100,521 $36,978 $63,543
2021 $1,295 $98,551 $36,253 $62,298
2020 $1,268 $97,542 $35,882 $61,660
2019 $1,255 $95,630 $35,179 $60,451
2018 $1,235 $93,756 $34,490 $59,266
2017 $1,214 $91,918 $33,814 $58,104
2016 $1,089 $90,116 $33,151 $56,965
2015 $1,077 $88,764 $32,654 $56,110
2014 $1,061 $87,026 $32,015 $55,011
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81907233

MLSListings

APN: 127-46-048