NOT LISTED FOR SALE

887 E Meadow Dr Palo Alto, CA 94303

Palo Verde Neighborhood

Estimated Value: $3,476,000 - $3,899,000

5 Beds
3 Baths
1,928 Sq Ft
$1,913/Sq Ft Est. Value

Last Sold July 28, 2020

Last sale price $2,900,000 $1,504 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $22,750/month

10 Days on Market

Highlights

  • Skyline View
  • Wood Flooring
  • Skylights
  • Palo Verde Elementary School Rated A+
  • Modern Architecture
  • 3-minute walk to Ramos Park

About This Home

As of July 2020

Gorgeous 5 Bedroom 3 Bathroom Single Level Contemporary Home. Owner Remodeled and Enlarged 2 Years Ago. Formal Entry. Open Layout Includes Elegant Living Room and Family Room with Fireplace Open To Both Sides. Updated Kitchen with Granite Center Island. Exquisite Master Suite with Trough Sinks & Stone Shower. Hardwood Floors Throughout. Central A/C & Heating. 2 Year Old Roof. Dual Pane Windows. Smart Lighting plus 2 Skylights with Solar Shades. Award Winning Palo Alto Schools: Palo Verde Elementary, JLS & Gunn High. Minutes to Ramos Park, Mitchell Park, Schools, YMCA and Shops.

Last Agent to Sell the Property

Linda Xu

Parc Agency Corporation License #01425342 Listed on: 06/23/2020

Last Buyer's Agent

Michele Harkov

Compass License #01838875

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,158

Year Built

  • 1955

Lot Details

  • 6,896 Sq Ft Lot
  • Back Yard Fenced
  • Sprinklers on Timer

Parking

  • 2 Car Attached Garage

Home Design

  • Modern Architecture
  • Wood Frame Construction

Interior Spaces

  • 1,928 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Gas Fireplace
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Wood Flooring
  • Skyline Views
  • Crawl Space
  • Alarm System

Kitchen

  • Gas Oven
  • Microwave
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Stone Countertops In Bathroom
  • Dual Sinks
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in Garage
  • Washer and Dryer

Utilities

  • Forced Air Heating and Cooling System
  • Thermostat

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,158

Year Built

1955

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1B8
  • Subclass: Single Family Home
  • Style: Modern / High Tech
  • Age: 65
  • Listing Class: Residential
  • Structure Sq Ft: 1928
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1955

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Gas Burning
  • Dining Room: Dining Area In Living Room
  • Kitchen: Island, Microwave, Oven Range - Gas, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1928
  • Stories: 1
  • Security: Security Alarm
  • Laundry: In Garage, Washer / Dryer
  • Flooring: Hardwood
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Bathroom: Double Sinks, Primary - Stall Shower(s), Shower Over Tub - 1, Skylight, Stall Shower - 2+, Stone

Exterior Features

  • Foundation: Crawl Space
  • Yard/Grounds: Sprinklers - Auto
  • Fencing: Fenced Back
  • Construction Type: Wood Frame

Garage/Parking

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

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Skylight, 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 Acres: 0.1583
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6895.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6895.00

Green Features

  • Energy Features: Thermostat Controller

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2020
Closed on
Jul 20, 2020
Sold by
Shah Premal S and Badani Ami
Bought by
Guz Zvika and Guz Liat Atsmon
Seller's Agent
Linda Xu
Parc Agency Corporation
Buyer's Agent
Michele Harkov
Compass
List Price
$2,795,000
Sold Price
$2,900,000
Premium/Discount to List
$105,000
3.76%
Current Estimated Value
$3,688,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$788,685
Avg. Annual Appreciation
5.71%
Original Mortgage
$1,200,000
Outstanding Balance
$1,049,004
Interest Rate
2.12%
Mortgage Type
New Conventional
Estimated Equity
$2,808,029

Purchase Details

Closed on
Jan 28, 2015
Sold by
Badani Ami M and Shah Premal S
Bought by
Shah Badani Family Trust and Badani Ami

Purchase Details

Closed on
Mar 19, 2013
Sold by
Dwipal Desai & Sudipta Bhowmik Revocable
Bought by
Badani Ami M and Shah Premal S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,240,000
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 10, 2012
Sold by
Desai Dwipal and Bhowmik Sudipta S
Bought by
Desai Dwipal and Bhowmik Sudipta

Purchase Details

Closed on
Aug 20, 2009
Sold by
Desai Dwipal
Bought by
Desai Dwipal and Bhowmik Sudipta S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,750
Interest Rate
5.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2007
Sold by
Cox Michael Frederick
Bought by
Desai Dwipal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$937,600
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 15, 1997
Sold by
Gwynn Anne B
Bought by
Cox Michael Frederick

Purchase Details

Closed on
Oct 17, 1996
Sold by
Gwynn Anne B
Bought by
Gwynn Anne B
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
Guz Zvika $2,900,000 First American Title Company
Shah Badani Family Trust -- None Available
Badani Ami M $1,599,750 First American Title Company
Desai Dwipal -- None Available
Desai Dwipal -- Lsi
Desai Dwipal $1,172,000 Fidelity National Title Co
Cox Michael Frederick -- --
Gwynn Anne B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guz Zvika $1,200,000
Previous Owner Shah Premal S $1,170,000
Previous Owner Shah Premal S $150,000
Previous Owner Badani Ami M $1,240,000
Previous Owner Desai Dwipal $693,000
Previous Owner Desai Dwipal $729,750
Previous Owner Desai Dwipal $937,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2020 07/28/20 Sold $2,900,000 +3.8% $1,504 / Sq Ft
07/04/2020 07/04/20 Pending -- -- --
06/23/2020 06/23/20 For Sale $2,795,000 -- $1,450 / 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 $37,158 $3,139,051 $3,030,809 $108,242
2024 $37,158 $3,077,502 $2,971,382 $106,120
2023 $36,613 $3,017,160 $2,913,120 $104,040
2022 $36,192 $2,958,000 $2,856,000 $102,000
2021 $35,480 $2,900,000 $2,800,000 $100,000
2020 $24,112 $1,967,118 $1,261,100 $706,018
2019 $23,845 $1,928,548 $1,236,373 $692,175
2018 $23,194 $1,890,734 $1,212,131 $678,603
2017 $21,996 $1,786,581 $1,188,364 $598,217
2016 $20,397 $1,664,375 $1,165,063 $499,312
2015 $20,115 $1,639,375 $1,147,563 $491,812
2014 $19,684 $1,607,263 $1,125,084 $482,179
Source: Public Records

Agents Affiliated with this Home

  • Linda Xu

    Seller's Agent in 2020

    Linda Xu

    Parc Agency Corporation

    (650) 862-7078

    11 Total Sales

    Linda Xu
    Section Image
  • Michele Harkov

    Buyer's Agent in 2020

    Michele Harkov

    Compass

    (650) 773-1332

    53 Total Sales

    Michele Harkov
    Section Image
  • Elizabeth Rhodes

    Buyer Co-Listing Agent in 2020

    Elizabeth Rhodes

    Compass

    (650) 543-1066

    1 in this area

    43 Total Sales

    Elizabeth Rhodes
    Section Image

  • L

    Buyer Co-Listing Agent in 2020

    Laura Johnson

    VGC R.E. Grp Linker & Assoc.

  • C

    Buyer Co-Listing Agent in 2020

    Cameron Novak

    The Homefinding Center

See All Agents

Map

Source: MLSListings

MLS Number: ML81797918

MLSListings

APN: 127-11-051

California Santa Clara County Palo Alto 94303 Palo Verde

887 E Meadow Dr, Palo Alto, CA

This home is located at 887 E Meadow Dr, Palo Alto, CA 94303 since 23 June 2020 and is currently estimated at $3,688,685, approximately $1,913 per square foot. This property was built in 1955. 887 E Meadow Dr is a home located in Santa Clara County with nearby schools including Palo Verde Elementary School, Jane Lathrop Stanford Middle School, and Henry M. Gunn High School.

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