NOT LISTED FOR SALE

Estimated Value: $3,709,000 - $4,240,000

2 Beds
2.5 Baths
1,753 Sq Ft
$2,249/Sq Ft Est. Value

Last Sold June 22, 2016

Last sale price $2,150,000 $1,226 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $24,567/month

16 Days on Market

Highlights

  • Wood Flooring
  • Marble Bathroom Countertops
  • Stone Countertops
  • Duveneck Elementary School Rated A+
  • Bonus Room
  • Breakfast Room

About This Home

As of June 2016

Elegant and stylish single family home features charming living room with recessed lights, wood burning fireplace, elegant formal dining room, newly remodeled bathrooms, hardwood floors, spacious bright kitchen with tile floor and marble kitchen counters with lots of cabinets. Bonus room is located in basement and can be easily transformed into a hobby room or a cozy home theater. Private backyard.

Last Agent to Sell the Property

Irina Sikela

Advanced RES License #01253976 Listed on: 05/05/2016

Last Buyer's Agent

Gwen Wang

Keller Williams Palo Alto License #01393647

Keller Williams Palo Alto

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,239

Year Built

  • Built in 1952

Lot Details

  • 8,799 Sq Ft Lot
  • Partially Fenced Property
  • Wood Fence
  • Sprinkler System
  • Zoning described as R1

Parking

  • 2 Car Detached Garage

Home Design

  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,753 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Double Pane Windows
  • Breakfast Room
  • Formal Dining Room
  • Bonus Room
  • Finished Basement

Kitchen

  • Gas Oven
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Marble Bathroom Countertops
  • Stone Countertops In Bathroom
  • Dual Sinks
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Garden Bath
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Enclosed patio or porch

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Sewer Within 50 Feet

Community Details

  • Courtyard

Listing and Financial Details

  • Assessor Parcel Number 003-39-039

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,239

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 64
  • Listing Class: Residential
  • Structure Sq Ft: 1753
  • Year Built: 1952
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Breakfast Room, Formal Dining Room
  • Kitchen: Countertop - Stone, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Ice Maker, Microwave, Oven Range - Gas, Pantry Cabinet, Refrigerator
  • Living Sq Ft: 1753
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Hardwood, Tile
  • Additional Rooms: Basement - Finished, Bonus / Hobby Room, Laundry Room
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Double Sinks, Marble, Shower and Tub, Stall Shower, Stone, Sunken / Garden Tub, Tile, Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Clay, Tile
  • Yard/Grounds: Courtyard, Fenced, Porch - Enclosed, Sprinklers - Lawn
  • Fencing: Partial Fencing, Wood

Garage/Parking

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

Utilities

  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer Connected, Sewer in Street

Association/Amenities

  • Amenities Miscellaneous: Walk-in Closet

Schools

  • School District: Palo Alto Unified
  • Elementary School: Duveneck Elementary
  • Middle School: David Starr Jordan Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 311
  • Middle School: 329

Lot Info

  • Parcel Number: 003-39-039
  • Lot Acres: 0.2020
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8802.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8802.00

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Utilities: Public Utilities

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2016
Closed on
Jun 20, 2016
Sold by
Lizak Peter E M
Bought by
Otte Gregory Roger August and Xu Susan Su Xian
Seller's Agent
Irina Sikela
Advanced RES
Buyer's Agent
Gwen Wang
Keller Williams Palo Alto
List Price
$2,199,000
Sold Price
$2,150,000
Premium/Discount to List
-$49,000
-2.23%
Total Days on Market
16
Current Estimated Value
$3,942,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,792,587
Avg. Annual Appreciation
5.29%
Original Mortgage
$1,700,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 3, 2006
Sold by
Lizak Ruth M
Bought by
Lizak Ruth M
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 Buyer Sale Price Title Company
Otte Gregory Roger August $2,150,000 First American Title Company
Lizak Ruth M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Otte Gregory Roger August $1,472,000
Closed Otte Gregory Roger August $1,700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2016 06/22/16 Sold $2,150,000 -2.2% $1,226 / Sq Ft
05/22/2016 05/22/16 Pending -- -- --
05/05/2016 05/05/16 For Sale $2,199,000 -- $1,254 / 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 $30,239 $2,495,255 $2,408,214 $87,041
2023 $29,793 $2,446,330 $2,360,995 $85,335
2022 $29,446 $2,398,363 $2,314,701 $83,662
2021 $28,865 $2,351,337 $2,269,315 $82,022
2020 $28,269 $2,327,227 $2,246,046 $81,181
2019 $27,956 $2,281,596 $2,202,006 $79,590
2018 $27,187 $2,236,860 $2,158,830 $78,030
2017 $26,709 $2,193,000 $2,116,500 $76,500
2016 $2,484 $136,238 $58,912 $77,326
2015 $2,371 $134,193 $58,028 $76,165
2014 $2,226 $131,566 $56,892 $74,674
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81583866

MLSListings

APN: 003-39-039