NOT LISTED FOR SALE

Estimated Value: $4,124,000 - $4,730,000

5 Beds
2 Baths
2,234 Sq Ft
$2,041/Sq Ft Est. Value

Last Sold March 26, 2021

Last sale price $3,425,000 $1,533 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $28,249/month

6 Days on Market

Highlights

  • Wood Flooring
  • Formal Dining Room
  • Separate Family Room
  • Addison Elementary School Rated A+
  • Forced Air Heating System

About This Home

As of March 2021

Opportunity knocks- Special home in prime Palo Alto Location. Expansive 8829 sq. ft. lot is a rare find. Mostly original condition, built in 1906 and in the same family for over 56 years. Sought after location, close to highly coveted PA schools, Stanford University, parks, downtown PA shopping, restaurants and public transportation. Easy access to HWY 280,101,85 & 237. Home features over 2230 sq. ft. of living space, 5 bedrooms according to county records and 2 baths. Nice character from the early 1900s period, living room with a fireplace, family room, original kitchen and baths. In need of restoring and updating to make this home yours. Tons of potential in a desirable neighborhood!

Last Agent to Sell the Property

Lucy Goldenshteyn

Redfin License #01384836 Listed on: 03/11/2021

Redfin

Last Buyer's Agent

Rayyan Fani

Compass License #01951679

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $50,082

Year Built

  • 1906

Lot Details

  • 8,830

Parking

  • Carport

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 2,234 Sq Ft Home
  • 2-Story Property
  • Separate Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • 8,830 Sq Ft Lot
  • Forced Air Heating System

Home Details

Home Type

Single Family

Est. Annual Taxes

$50,082

Year Built

1906

Lot Details

0

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Age: 115
  • Listing Class: Residential
  • Structure Sq Ft: 2234
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1906

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room
  • Dining Room: Formal Dining Room
  • Fireplace: Yes
  • Living Sq Ft: 2234
  • Stories: 2
  • Flooring: Wood
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 2
  • Total Bedrooms: 5

Exterior Features

  • Foundation: Concrete Perimeter And Slab

Garage/Parking

  • Garage Parking Features: Carport

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: Palo Alto Unified

Lot Info

  • Lot Acres: 0.2027
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8829.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8829.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2021
Closed on
Mar 19, 2021
Sold by
Fellows True L and Aid Michael Douglas
Bought by
Murthy Arun C and Murthy Manasa B
Seller's Agent
Lucy Goldenshteyn
Redfin
Buyer's Agent
Rayyan Fani
Compass
List Price
$3,500,000
Sold Price
$3,425,000
Premium/Discount to List
-$75,000
-2.14%
Current Estimated Value
$4,558,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,133,845
Avg. Annual Appreciation
6.16%

Purchase Details

Closed on
May 9, 2016
Sold by
Fellows True L and Aid Michael Douglas
Bought by
Fellows True L and Aid Michael Douglas

Purchase Details

Closed on
Feb 19, 1999
Sold by
Aid Josephine M
Bought by
Aid Olive Josephine Mccall
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
Murthy Arun C $3,425,000 First American Title Company
Toumi Karen Laura -- First American Title Company
Fellows True L -- None Available
Aid Olive Josephine Mccall -- --
Aid Olive Josephine Mccall -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2021 03/26/21 Sold $3,425,000 -2.1% $1,533 / Sq Ft
03/18/2021 03/18/21 Pending -- -- --
03/11/2021 03/11/21 For Sale $3,500,000 -- $1,567 / 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 $50,082 $4,705,269 $3,680,269 $1,025,000
2024 $50,082 $4,178,107 $3,608,107 $570,000
2023 $50,082 $3,537,360 $3,537,360 $0
2022 $42,567 $3,493,500 $3,468,000 $25,500
2021 $2,197 $104,101 $49,699 $54,402
2020 $2,169 $103,035 $49,190 $53,845
2019 $2,139 $101,016 $48,226 $52,790
2018 $2,102 $99,036 $47,281 $51,755
2017 $2,063 $97,095 $46,354 $50,741
2016 $2,003 $95,193 $45,446 $49,747
2015 $1,894 $93,764 $44,764 $49,000
2014 $1,757 $91,929 $43,888 $48,041
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81833684

MLSListings

APN: 003-26-046