$4,700,000
SOLD JUL 31, 2024
4 Beds
3 Baths
2,331 Sq Ft
5,998 Sq Ft Lot

Recently Sold

$2,016 Per Sq Ft

11% Above List Price

12 Days on Market

Highlights

  • Primary Bedroom Suite
  • Jetted Tub in Primary Bathroom
  • Quartz Countertops
  • Palo Verde Elementary School Rated A+
  • High Ceiling
  • Wine Refrigerator

About This Home

As of July 2024

Rarely available newer construction built in 2017 - Classic Mediterranean Style home. Formal entryway with an impressive iron main-door and soaring ceilings! Modern amenities Inside: Engineering hardwood floor and tiles throughout, elegant chandeliers, crafted moldings, and spectacular ceilings. Open concept living. Family room and chefs kitchen with Quartz slab counters, Thermador 6-burner gas stove & refrigerator, built-in Marvel wine cellar, plentiful cabinetry, large center island alongside an eat-in area. Laundry room with cabinetry. Central A/C and heating. A paver driveway leads to attached garage pre-wired for EV charging. Additional features include: Private rear yard with tiled sitting area, paver walkway and grass area; Security system with available local monitoring; Surround sound pre-wiring in Family room; Energy efficient tankless water heater; Top rated Palo Alto Schools!

Last Agent to Sell the Property

Daphne Chou

Compass License #01452752 Listed on: 06/27/2024

Compass

Last Buyer's Agent

Jennie Lok

KW Advisors License #02032545

KW Advisors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $54,293

Year Built

  • Built in 2017

Lot Details

  • 5,998 Sq Ft Lot
  • Fenced
  • Sprinklers on Timer
  • Back Yard
  • Zoning described as R1

Parking

  • 1 Car Garage
  • Electric Vehicle Home Charger
  • Off-Street Parking

Home Design

  • Tile Roof

Interior Spaces

  • 2,331 Sq Ft Home
  • 1-Story Property
  • Entertainment System
  • High Ceiling
  • Skylights
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Neighborhood Views
  • Crawl Space

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Built-In Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Quartz Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Sinks
  • Jetted Tub in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Home Security

  • Intercom
  • Monitored

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts

Listing and Financial Details

  • Assessor Parcel Number 127-60-031

Home Details

Home Type

Single Family

Est. Annual Taxes

$54,293

Year Built

Built in 2017

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Age: 7
  • Listing Class: Residential
  • Structure Sq Ft: 2331
  • Year Built: 2017
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Living Room
  • Dining Room: Dining Area in Living Room, Eat in Kitchen
  • Kitchen: 220 Volt Outlet, Cooktop - Gas, Countertop - Quartz, Dishwasher, Hood Over Range, Island, Microwave, Oven - Built-In, Oven Range - Built-In, Gas, Pantry, Refrigerator, Wine Refrigerator
  • Living Sq Ft: 2331
  • Stories: 1
  • Security: Security Alarm, Video / Audio System
  • Bedrooms: More than One Bedroom on Ground Floor, Primary Bedroom on Ground Floor, Primary Suite / Retreat, Walk-in Closet
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Primary - Stall Shower(s), Primary - Tub with Jets, Shower and Tub, Shower over Tub - 1, Stall Shower - 2+, Tubs - 2+
  • Fireplace: Yes

Exterior Features

  • Foundation: Crawl Space
  • Roof: Tile
  • View: Neighborhood
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced, Sprinklers - Auto, Sprinklers - Lawn

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Attached Garage, Electric Car Hookup, Off-Street Parking

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Skylight, Video / Audio System, Walk-in Closet

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: 127-60-031
  • Lot Acres: 0.1377
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6000.00

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
Jun 27, 2024
Closed on
Jul 22, 2024
Sold by
Zhu Changren and Zhu Meijuan
Bought by
Wei Frank and Sameshima Sara
Seller's Agent
Daphne Chou
Compass
Buyer's Agent
Jennie Lok
KW Advisors
List Price
$4,238,000
Sold Price
$4,700,000
Premium/Discount to List
$462,000
10.9%
Views
36
Current Estimated Value
$4,908,781

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,781
Avg. Annual Appreciation
4.53%
Original Mortgage
$1,650,000
Outstanding Balance
$1,630,225
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$3,278,556

Purchase Details

Closed on
Oct 17, 2017
Sold by
Colonial Lane Llc
Bought by
Zhu Changren and Zhu Meijuan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,990,000
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 26, 2016
Sold by
Tu Lily
Bought by
Colonial Lane Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,242,500
Interest Rate
3.42%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 7, 2016
Sold by
Cuddeback John
Bought by
Tu Lily and Tu Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,398,150
Interest Rate
3.64%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 4, 2016
Sold by
Cuddeback John
Bought by
Cuddeback John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,398,150
Interest Rate
3.64%
Mortgage Type
Unknown

Purchase Details

Closed on
May 21, 2014
Sold by
Cuddeback John Emery and Cuddeback Nancy J
Bought by
The Cuddeback Family Trust and Cuddeback Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.27%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 2, 2013
Sold by
Cuddeback John E and Cuddeback Nancy J
Bought by
Cuddeback John and Cuddeback Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
3.27%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 14, 1998
Sold by
John Cuddeback
Bought by
Cuddeback John and Cuddeback Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,000
Interest Rate
7.18%
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $4,700,000 Chicago Title Company
Grant Deed $4,067,000 Old Republic Title Company
Grant Deed -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $2,151,000 Fidelity National Title Co
Interfamily Deed Transfer -- Fidelity National Title Co
Interfamily Deed Transfer -- Old Republic Title Company
Interfamily Deed Transfer -- Old Republic Title Company
Interfamily Deed Transfer -- Old Republic Title Company
Interfamily Deed Transfer -- Old Republic Title Company
Interfamily Deed Transfer -- Chicago Title Co
Interfamily Deed Transfer -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $400,000 Credit Line Revolving
Open $1,650,000 New Conventional
Previous Owner $1,990,000 Adjustable Rate Mortgage/ARM
Previous Owner $2,242,500 Construction
Previous Owner $1,398,150 Unknown
Previous Owner $200,000 Credit Line Revolving
Previous Owner $50,000 Credit Line Revolving
Previous Owner $150,000 Unknown
Previous Owner $115,000 Unknown
Previous Owner $107,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2024 07/31/24 Sold $4,700,000 +10.9% $2,016 / Sq Ft
07/10/2024 07/10/24 Pending -- -- --
06/27/2024 06/27/24 For Sale $4,238,000 -- $1,818 / 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 $54,293 $4,536,686 $3,198,065 $1,338,621
2023 $53,499 $4,447,732 $3,135,358 $1,312,374
2022 $52,888 $4,360,523 $3,073,881 $1,286,642
2021 $51,848 $4,275,023 $3,013,609 $1,261,414
2020 $50,764 $4,231,189 $2,982,709 $1,248,480
2019 $50,209 $4,148,225 $2,924,225 $1,224,000
2018 $48,813 $4,066,888 $2,866,888 $1,200,000
2017 $26,802 $2,193,905 $2,193,905 $0
2016 $1,916 $87,787 $34,134 $53,653
2015 $1,050 $86,470 $33,622 $52,848
2014 $1,035 $84,777 $32,964 $51,813
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81971262

MLSListings

APN: 127-60-031