NOT LISTED FOR SALE

883 Robb Rd Palo Alto, CA 94306

Estimated Value: $6,432,000 - $13,211,020

7 Beds
10 Baths
9,750 Sq Ft
$1,007/Sq Ft Est. Value

Last Sold August 18, 2021

Last sale price $16,500,000 $1,692 Per Sq Ft

Est. 40% decrease in value since last sale

Current estimated payment $69,160/month

70 Days on Market

Highlights

  • Wine Cellar
  • Home Theater
  • Sauna
  • Lucille M. Nixon Elementary School Rated A+
  • Private Pool
  • Solar Power System

About This Home

As of August 2021

Extraordinary Estate with Bay Views, Vast Level Space, and Pool.

Last Agent to Sell the Property

Kathy Bridgman

Compass License #01189798 Listed on: 06/07/2021

Compass

Last Buyer's Agent

Hanna Shacham

Coldwell Banker Realty License #01073658

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $202,599

Year Built

  • 2016

Lot Details

  • 0.89 Acre Lot
  • Gated Home
  • Property is Fully Fenced
  • Sprinklers on Timer
  • Back Yard

Parking

  • 4 Car Garage
  • Garage Door Opener
  • Electric Gate
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 9,750 Sq Ft Home
  • 2-Story Property
  • Entertainment System
  • Beamed Ceilings
  • Vaulted Ceiling
  • Whole House Fan
  • Skylights in Kitchen
  • Gas Fireplace
  • Double Pane Windows
  • Mud Room
  • Formal Entry
  • Wine Cellar
  • Family Room with Fireplace
  • 3 Fireplaces
  • Great Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Theater
  • Den
  • Library
  • Recreation Room
  • Workshop
  • Storage Room
  • Utility Room
  • Sauna
  • Skyline Views

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Eat-In Kitchen
  • Double Oven
  • Electric Oven
  • Range Hood
  • Warming Drawer
  • Microwave
  • Freezer
  • Ice Maker
  • Wine Refrigerator
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Radiant Floor
  • Stone
  • Marble
  • Tile
  • Travertine

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • Bathroom on Main Level
  • Marble Bathroom Countertops
  • Dual Sinks
  • Low Flow Toliet
  • Soaking Tub in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Oversized Bathtub in Primary Bathroom
  • Walk-in Shower
  • Low Flow Shower

Laundry

  • Laundry Room
  • Washer and Dryer
  • Laundry Tub

Home Security

  • Security Gate
  • Monitored
  • Fire and Smoke Detector
  • Fire Sprinkler System

Eco-Friendly Details

  • Green Features
  • Energy-Efficient HVAC
  • ENERGY STAR/CFL/LED Lights
  • Air Purifier
  • Solar Power System
  • Solar owned by seller

Outdoor Features

  • Private Pool
  • Balcony
  • Deck
  • Enclosed Patio or Porch
  • Outdoor Kitchen
  • Fire Pit
  • Barbecue Area

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • Thermostat
  • 220 Volts

Community Details

  • Courtyard
  • Controlled Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$202,599

Year Built

2016

Lot Details

0

Parking

4

Listing Details

  • Zoning: RE
  • Subclass: Single Family Home
  • Age: 5
  • Listing Class: Residential
  • Structure Sq Ft: 9750
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2016

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Family Room, Gas Burning, Living Room, Primary Bedroom
  • Dining Room: Breakfast Nook, Dining Area, Dining Area In Living Room, Eat In Kitchen, Formal Dining Room
  • Kitchen: 220 Volt Outlet, Exhaust Fan, Freezer, Garbage Disposal, Hood Over Range, Ice Maker, Island With Sink, Microwave, Oven - Double, Oven - Electric, Pantry, Refrigerator, Skylight, Warming Drawer, Wine Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 9750
  • Stories: 2
  • Security: Controlled / Secured Access, Fire Alarm, Fire System - Sprinkler, Security Alarm, Video / Audio System
  • Bedrooms: Ground Floor Bedroom, More Than One Bedroom On Ground Floor, More Than One Primary Bedroom On Ground Floor, Primary Suite / Retreat, Walk-In Closet
  • Laundry: Inside, Tub / Sink, Washer / Dryer
  • Flooring: Hardwood, Marble, Stone, Tile, Travertine
  • Additional Rooms: Den / Study / Office, Formal Entry, Great Room, Laundry Room, Library, Media / Home Theater, Mud Room, Office Area, Recreation Room, Storage, Utility Room, Wine Cellar / Storage, Workshop
  • Fireplaces Min: 3
  • Maximum Numberof Bedrooms: 7
  • Minimum Numberof Bedrooms: 7
  • Full Bathrooms: 8
  • Half Bathrooms: 2
  • Total Bedrooms: 7
  • Bathroom: Double Sinks, Full On Ground Floor, Marble, Primary - Oversized Tub, Primary - Stall Shower(s), Sauna, Skylight, Tub With Jets, Updated Bath

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Pool Description: Yes
  • Roof: Tile
  • Yard/Grounds: Back Yard, Balcony / Patio, Bbq Area, Courtyard, Deck, Fenced, Fire Pit, Outdoor Kitchen, Porch - Enclosed, Sprinklers - Auto
  • Fencing: Complete Perimeter, Fenced, Gate
  • Pool: Pool - Cover, Pool - Gunite, Pool - Heated, Pool - In Ground, Pool / Spa Combo, Spa - Electric, Spa - In Ground, Spa - Jetted, Spa / Hot Tub, Steam Room Or Sauna

Garage/Parking

  • Garage Spaces: 4
  • Parking Spaces: 8
  • Garage Max: 4
  • Garage Min: 4
  • Garage Parking Features: Attached Garage, Detached Garage, Electric Gate, Gate / Door Opener, Off-Street Parking, On Street, Room For Oversized Vehicle

Utilities

  • Cooling System: Central Ac, Multi-Zone
  • Heating System: Central Forced Air - Gas, Fireplace, Heating - 2+ Zones, Radiant Floors
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Air Purifier, High Ceiling, Open Beam Ceiling, Security Gate, Skylight, Vaulted Ceiling, Video / Audio System, Walk-In Closet

Schools

  • School District: Palo Alto Unified

Lot Info

  • Lot Acres: 0.8932
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 38909.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 38909.00

Green Features

  • Energy Features: Double Pane Windows, Energy Star Appliances, Energy Star Hvac, Energy Star Lighting, Green Features, Low Flow Shower, Low Flow Toilet, Skylight, Solar Power, Thermostat Controller, Whole House Fan

Multi Family

  • Utilities: Public Utilities, Solar Panels - Owned

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2021
Closed on
Aug 13, 2021
Sold by
Klausner Richard D and Klausner Rachel D
Bought by
Polak Nir and Polak Zvia
Seller's Agent
Kathy Bridgman
Compass
Buyer's Agent
Hanna Shacham
Coldwell Banker Realty
List Price
$20,000,000
Sold Price
$16,500,000
Premium/Discount to List
-$3,500,000
-17.5%
Current Estimated Value
$9,821,510

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,678,490
Avg. Annual Appreciation
-11.78%

Purchase Details

Listed on
Jan 29, 2018
Closed on
Apr 11, 2018
Sold by
Chu Yaohwa and Chang Chin Chin
Bought by
Klausner Richard D and Klausner Rachel D
Seller's Agent
Julie Tsai Law
Compass
Buyer's Agent
Tony Andrade
Trend Real Estate Inc.
List Price
$14,500,000
Sold Price
$13,650,000
Premium/Discount to List
-$850,000
-5.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.86%
Original Mortgage
$6,000,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 13, 2007
Sold by
Haber George and Haber Cornelia
Bought by
Chu Yaohwa and Chang Chin Chih

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 22, 1999
Sold by
Cismas Sorin C and Haber Dan
Bought by
Haber George and Haber Cornelia
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
Polak Nir $1,650,000 Chicago Title Company
Klausner Richard D $13,650,000 First American Title Co
Chu Yaohwa $2,400,500 Old Republic Title Company
Haber George -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Klausner Richard D $6,000,000
Previous Owner Chu Yaohwa $1,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/18/2021 08/18/21 Sold $16,500,000 -17.5% $1,692 / Sq Ft
08/17/2021 08/17/21 Pending -- -- --
06/07/2021 06/07/21 For Sale $20,000,000 +46.5% $2,051 / Sq Ft
04/19/2018 04/19/18 Sold $13,650,000 -5.9% $1,400 / Sq Ft View Prior Sale
03/20/2018 03/20/18 Pending -- -- --
01/29/2018 01/29/18 For Sale $14,500,000 -- $1,487 / 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 $202,599 $17,508,870 $11,672,226 $5,836,644
2024 $202,599 $17,165,559 $11,443,359 $5,722,200
2023 $199,647 $16,828,980 $11,218,980 $5,610,000
2022 $197,395 $16,499,000 $10,999,000 $5,500,000
2021 $172,583 $14,423,955 $9,986,196 $4,437,759
2020 $168,929 $14,276,056 $9,883,800 $4,392,256
2019 $166,862 $13,976,550 $9,690,000 $4,286,550
2018 $84,353 $7,092,356 $2,802,442 $4,289,914
2017 $75,820 $6,355,292 $2,747,493 $3,607,799
2016 $52,943 $4,447,542 $2,693,621 $1,753,921
2015 $36,132 $2,997,757 $2,653,161 $344,596
2014 $31,576 $2,612,118 $2,601,190 $10,928
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81858717

MLSListings

APN: 175-02-018