NOT LISTED FOR SALE

879 Moreno Ave Palo Alto, CA 94303

Midtown Palo Alto Neighborhood

Estimated Value: $3,343,000 - $3,944,000

3 Beds
2 Baths
1,118 Sq Ft
$3,225/Sq Ft Est. Value

Last Sold March 01, 2018

Last sale price $3,105,000 $2,777 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $22,112/month

6 Days on Market

Highlights

  • Eichler Home
  • Breakfast Area or Nook
  • Dining Room
  • Palo Verde Elementary School Rated A+
  • Tile Flooring
  • Washer and Dryer

About This Home

As of March 2018

Wonderful home in a prime location! Clean, original, warm, and ready for your updates! Light bright and sunny with lots of big windows and an open floorpan. New exterior paint, extra-large back and side yards, and entertainer's patio. Prime location on a quiet street, walk to coffee, groceries, shops, parks, schools, and bike to California St and Caltrain! Don't miss this opportunity!!

Last Agent to Sell the Property

Eric Fischer-Colbrie

Intero Real Estate Services License #00922040 Listed on: 02/07/2018

Intero Real Estate Services

Last Buyer's Agent

Larry Zeng

A Plus Realty License #01391780

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,809

Year Built

  • Built in 1954

Lot Details

  • 6,861 Sq Ft Lot
  • Fenced
  • Zoning described as R1

Parking

  • 2 Car Garage

Home Design

  • Eichler Home
  • Slab Foundation
  • Tar and Gravel Roof

Interior Spaces

  • 1,118 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Tile Flooring

Kitchen

  • Breakfast Area or Nook
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Garage
  • Washer and Dryer

Utilities

  • Radiant Heating System

Listing and Financial Details

  • Assessor Parcel Number 127-30-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,809

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Eichler
  • Age: 64
  • Listing Class: Residential
  • Structure Sq Ft: 1118
  • Year Built: 1954
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room, Wood Burning
  • Dining Room: Breakfast Nook, Dining "L", No Formal Dining Room
  • Kitchen: Dishwasher, Garbage Disposal, Refrigerator
  • Living Sq Ft: 1118
  • Stories: 1
  • Laundry: In Garage, Washer / Dryer
  • Flooring: Tile
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tar and Gravel
  • Fencing: Fenced

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Radiant
  • Sewer/Septic System: Sewer - Public

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: 127-30-002
  • Lot Acres: 0.1575
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6862.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6862.00

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
Feb 7, 2018
Closed on
Feb 22, 2018
Sold by
Schroyer Thomas W and S Jeannette Schroyer 1985 Trus
Bought by
Lu Guanlin and Yang Fan
Seller's Agent
Eric Fischer-Colbrie
Intero Real Estate Services
Buyer's Agent
Larry Zeng
A Plus Realty
List Price
$2,498,000
Sold Price
$3,105,000
Premium/Discount to List
$607,000
24.3%
Current Estimated Value
$3,508,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$403,724
Avg. Annual Appreciation
1.73%

Purchase Details

Closed on
Feb 27, 2017
Sold by
Schroyer S Jeanette
Bought by
Schroyer Thomas W and S Jeannette Schroyer 1985 Trust

Purchase Details

Closed on
Jul 12, 2013
Sold by
Schroyer Thomas W
Bought by
Schroyer S Jeanette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$938,250
Interest Rate
2.94%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Oct 5, 2012
Sold by
Schroyer S Jeanette
Bought by
Schroyer S Jeanette and Schroyer Thomas W
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
Lu Guanlin $3,105,000 Chicago Title Co
Schroyer Thomas W -- None Available
Schroyer S Jeanette -- First American Title Company
Schroyer S Jeanette -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lu Guanlin $500,000
Closed Lu Guanlin $478,000
Closed Lu Guanlin $482,000
Closed Lu Guanlin $482,000
Closed Lu Guanlin $490,000
Closed Lu Guanlin $550,000
Previous Owner Schroyer S Jeanette $938,250
Previous Owner Schroyer S Jeanette $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2018 03/01/18 Sold $3,105,000 +24.3% $2,777 / Sq Ft
02/14/2018 02/14/18 Pending -- -- --
02/07/2018 02/07/18 For Sale $2,498,000 -- $2,234 / 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 $34,809 $2,960,000 $2,833,300 $126,700
2023 $41,180 $3,484,760 $3,335,619 $149,141
2022 $40,713 $3,416,432 $3,270,215 $146,217
2021 $39,911 $3,349,445 $3,206,094 $143,351
2020 $39,062 $3,315,102 $3,173,220 $141,882
2019 $38,722 $3,250,100 $3,111,000 $139,100
2018 $1,046 $84,617 $32,664 $51,953
2017 $1,026 $82,959 $32,024 $50,935
2016 $986 $81,334 $31,397 $49,937
2015 $975 $80,113 $30,926 $49,187
2014 $961 $78,545 $30,321 $48,224
Source: Public Records

Agents Affiliated with this Home

  • Eric Fischer-Colbrie

    Seller's Agent in 2018

    Eric Fischer-Colbrie

    Intero Real Estate Services

    (650) 533-7511

    6 in this area

    135 Total Sales

    Section Image

  • L

    Buyer's Agent in 2018

    Larry Zeng

    A Plus Realty

    (408) 802-2568

    8 Total Sales

    Section Image
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Map

Source: MLSListings

MLS Number: ML81691573

MLSListings

APN: 127-30-002

California Santa Clara County Palo Alto 94303 Midtown Palo Alto

879 Moreno Ave, Palo Alto, CA

This home is located at 879 Moreno Ave, Palo Alto, CA 94303 since 07 February 2018 and is currently estimated at $3,605,593, approximately $3,225 per square foot. This property was built in 1954. 879 Moreno Ave is a home located in Santa Clara County with nearby schools including Palo Verde Elementary School, Jane Lathrop Stanford Middle School, and Palo Alto High School.

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