NOT LISTED FOR SALE

Estimated Value: $5,663,000 - $6,981,000

5 Beds
3.5 Baths
2,702 Sq Ft
$2,242/Sq Ft Est. Value

Last Sold June 18, 2014

Last sale price $4,098,000 $1,517 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $37,915/month

47 Days on Market

Highlights

  • Primary Bedroom Suite
  • Living Room with Fireplace
  • Marble Flooring
  • Walter Hays Elementary Rated A+
  • Vaulted Ceiling
  • 4-minute walk to Eleanor Pardee Park

About This Home

As of June 2014

Gorgeous home expanded & completely renovated in 2013. Premier Community Center location. Private & gated property. Unparalleled high end amenities. Stylish chef's kitchen with beech wood cabinetry. Extensive use of natural stone, cherry hardwood flooring, decorative moldings, custom doors & windows. Partial basement. Originally designed by renowned architect Rich Elmore. 2702+230(garage)=2902sf

Last Agent to Sell the Property

Jenny Teng

Compass License #01023687 Listed on: 03/20/2014

Compass

Last Buyer's Agent

Barbara Kuang

Intero Real Estate Services License #01366524

Intero Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $58,854

Year Built

  • Built in 1925

Lot Details

  • Security Fence
  • Sprinklers on Timer
  • Zoning described as PA

Parking

  • 1 Car Detached Garage

Home Design

  • Mediterranean Architecture
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,702 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Double Pane Windows
  • Bay Window
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Library
  • Utility Room
  • Gas Dryer Hookup
  • Intercom

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Dishwasher

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Walk-in Shower

Outdoor Features

  • Barbecue Area

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 003-34-032

Home Details

Home Type

Single Family

Est. Annual Taxes

$58,854

Year Built

Built in 1925

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Mediterranean
  • Age: 89
  • Sale Price Per Sq Ft: 1516.65
  • Level Street Main: Bedroom(s)
  • Listing Class: Residential
  • Structure Sq Ft: 2702
  • Barclay Horizontal: 9
  • Barclays Page: 2
  • Incorporated: Yes
  • Map Book Page: 791
  • Map Book Page Secondary: 2
  • Map Side Coordinate: 4
  • Map Side Coordinate Secondary: 85
  • Map Top Coordinate: A
  • Map Top Coordinate Secondary: 9
  • Thomas Bros Page: 791
  • Thomas Brothers: A4
  • Year Built: 1925
  • Zoning Description: PA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room, Wood Burning, Yes
  • Dining Room: Formal Dining Room, Dining Area in Family Room, Breakfast Bar
  • Kitchen: Dishwasher, Refrigerator, Oven Range - Built-In, 220 Volt Outlet, Hookups - Gas
  • Living Sq Ft: 2702
  • Stories: 2
  • Security: Security Alarm - Owned, Security Fence
  • Bedrooms: Primary Suite / Retreat, Ground Floor Bedroom
  • Laundry: In Laundry Room, Gas Hookup, 220 Volt Outlet
  • Flooring: Tile, Hardwood, Marble
  • Additional Rooms: Utility Room, Den / Study / Office, Library, Basement - Partial, Storage
  • Maximum Bathrooms: 4
  • Maximum Numberof Bedrooms: 5
  • Minimum Bathrooms: 4
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Bathroom: Shower over Tub - 1, Tubs - 2+, Stall Shower - 2+, Tub in Primary Bedroom, Tub with Jets

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Pool - No
  • Roof: Clay
  • Yard/Grounds: Patio(s), Sprinkler(s) - Front, Sprinkler(s) - Rear, Sprinklers - Auto, BBQ Area, Fenced
  • Exterior: Stucco

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Detached Garage

Utilities

  • Cooling System: Central AC
  • Heating System: Forced Air
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Double Pane Windows(s), High Ceiling, Vaulted Ceiling, Bay Window

Schools

  • School District: Palo Alto Unified
  • Elementary School: Addison Elementary
  • Middle School: David Starr Jordan Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 309
  • Middle School: 329

Lot Info

  • Parcel Number: 003-34-032
  • List Price per Sq Ft: 1553.66
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6533.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 6533.00
  • Lot Size Area Min Search: 6533.00
  • Maximum Lot Size: 6533.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Green Features

  • Energy Features: Double Pane Windows, Skylight

Multi Family

  • Maximum Building Height: 2
  • Minimum Building Height: 2

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Addison Elementary
  • High School Text: Palo Alto High
  • Middle School Text: David Starr Jordan Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 8, 2020
Sold by
Yang Haishan
Bought by
Xue Lan
Current Estimated Value
$6,058,485

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$355,119
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$5,703,366

Purchase Details

Closed on
Apr 2, 2020
Sold by
Yang Haishan
Bought by
Xue Lan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$355,119
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$5,703,366

Purchase Details

Listed on
Mar 20, 2014
Closed on
May 29, 2014
Sold by
Lu Biao and Shen June Zhujun
Bought by
Yang Haishan and Xue Lan
Seller's Agent
Jenny Teng
Compass
Buyer's Agent
Barbara Kuang
Intero Real Estate Services
List Price
$4,198,000
Sold Price
$4,098,000
Premium/Discount to List
-$100,000
-2.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.57%
Original Mortgage
$2,000,000
Outstanding Balance
$1,576,303
Interest Rate
5.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,482,182

Purchase Details

Closed on
Aug 30, 2011
Sold by
Lu Biao and Shen June Zhujun
Bought by
Lu Biao and Shen June Zhujun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
4.48%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 7, 2010
Sold by
Lu Biao and Shen June Zhujun
Bought by
Lu Biao and Shen June Zhujun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$723,000
Interest Rate
4.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 2008
Sold by
Losch Paul A and Losch Martha S
Bought by
Lu Biao and Shen June Z

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,337,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 19, 2003
Sold by
Losch Paul A and Losch Martha S
Bought by
Losch Paul A and Losch Martha S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,254,800
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 2, 1999
Sold by
Losch Paul A and Losch Martha S
Bought by
Losch Paul A and Losch Martha S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
6.25%

Purchase Details

Closed on
Dec 10, 1998
Sold by
Klein Joel A
Bought by
Losch Paul A and Losch Martha S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
6.25%

Purchase Details

Closed on
Mar 25, 1996
Sold by
Klein Joel A
Bought by
Klein Joel A
Source: Public Records

Range of Values:

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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
Xue Lan -- First American Title Company
Xue Lan -- First American Title Company
Yang Haishan $4,097,750 Chicago Title Company
Lu Biao -- Old Republic Title Company
Lu Biao -- Fidelity National Title Co
Lu Biao -- Chicago Title Co
Losch Paul A -- American Title Company
Losch Paul A -- --
Losch Paul A $960,000 First American Title Guarant
Klein Joel A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Xue Lan $400,000
Closed Xue Yang Haisban $450,000
Open Yang Haishan $2,000,000
Previous Owner Lu Biao $750,000
Previous Owner Lu Biao $715,500
Previous Owner Lu Biao $723,000
Previous Owner Lu Biao $727,000
Previous Owner Lu Biao $250,000
Previous Owner Lu Biao $729,750
Previous Owner Lu Biao $1,337,000
Previous Owner Losch Paul A $150,000
Previous Owner Losch Paul A $1,254,800
Previous Owner Losch Paul A $720,000
Closed Losch Paul A $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2014 06/18/14 Sold $4,098,000 -2.4% $1,517 / Sq Ft
05/06/2014 05/06/14 Pending -- -- --
04/23/2014 04/23/14 For Sale $4,198,000 0.0% $1,554 / Sq Ft
04/22/2014 04/22/14 Pending -- -- --
04/03/2014 04/03/14 Price Changed $4,198,000 -1.2% $1,554 / Sq Ft
03/20/2014 03/20/14 For Sale $4,250,000 -- $1,573 / 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 $58,854 $4,925,077 $3,843,437 $1,081,640
2023 $57,993 $4,828,508 $3,768,076 $1,060,432
2022 $57,332 $4,733,833 $3,694,193 $1,039,640
2021 $56,205 $4,641,013 $3,621,758 $1,019,255
2020 $55,028 $4,593,426 $3,584,622 $1,008,804
2019 $54,427 $4,503,360 $3,514,336 $989,024
2018 $52,912 $4,415,060 $3,445,428 $969,632
2017 $51,986 $4,328,491 $3,377,871 $950,620
2016 $50,631 $4,243,620 $3,311,639 $931,981
2015 $50,146 $4,179,878 $3,261,896 $917,982
2014 $30,248 $2,500,218 $1,607,258 $892,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81408896

MLSListings

APN: 003-34-032