NOT LISTED FOR SALE

923 Moreno Ave Palo Alto, CA 94303

Midtown Palo Alto Neighborhood

Estimated Value: $3,459,000 - $5,353,000

4 Beds
2 Baths
1,260 Sq Ft
$3,423/Sq Ft Est. Value

Last Sold July 17, 2017

Last sale price $2,256,000 $1,790 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $27,613/month

8 Days on Market

Highlights

  • Wood Flooring
  • Marble Countertops
  • Breakfast Bar
  • Palo Verde Elementary School Rated A+
  • 2 Car Attached Garage
  • Bathtub with Shower

About This Home

As of July 2017

MOVE IN AND ENJOY THIS GORGEOUS FOUR BEDROOM HOME ON LARGE 6,490 SF LOT WITH AMAZING POTENTIAL! EXCEPTIONALLY LOCATED ON A SERENE TREE-LINED STREET NEAR MIDTOWN PALO ALTO! SPECTACULAR PALO ALTO SCHOOLS! STUNNING CHEF'S KITCHEN WITH HUGE ISLAND AND MARBLE COUNTERTOPS! FLOOR TO CEILING WINDOWS IN LIVING, DINING & MASTER BEDROOM! GLEAMING REFINISHED HARDWOOD FLOORS! TASTEFULLY UPDATED BATHROOMS! LOVELY PRIVATE FRONT AND BACKYARD WITH LEMON, ORANGE, TANGERINE & GRAPEFRUIT TREES! TRELLIS-COVERED COURTYARD! FANTASTICLY SITUATED NEAR GOOGLE, MIDTOWN'S RESTAURANTS, CAFES, SHOPS, GREER PARK, MITCHELL PARK WITH THE NEW MAGICAL BRIDGE PLAYGROUND AND MITCHELL PARK LIBRARY! EASY ACCESS TO OREGON EXPRESSWAY AND I-101! AWARD-WINNING PALO VERDE ELEMENTARY, JANE LATHROP STANFORD MIDDLE & PALO ALTO HIGH! WOW!

Last Agent to Sell the Property

David Lillo

DPL Real Estate License #01803836 Listed on: 06/13/2017

Last Buyer's Agent

Cathy Lin

Bay East AOR License #01170654

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $51,500

Year Built

  • Built in 1954

Lot Details

  • 6,490 Sq Ft Lot
  • Fenced
  • Sprinklers on Timer
  • Back Yard
  • Zoning described as R1

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Tar and Gravel Roof

Interior Spaces

  • 1,260 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Separate Family Room
  • Dining Area

Kitchen

  • Breakfast Bar
  • Range Hood
  • Kitchen Island
  • Marble Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 127-03-061

Home Details

Home Type

Single Family

Est. Annual Taxes

$51,500

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 63
  • Listing Class: Residential
  • Structure Sq Ft: 1260
  • Year Built: 1954
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining Area, Dining Bar
  • Kitchen: Countertop - Marble, Garbage Disposal, Hood Over Range, Island
  • Living Sq Ft: 1260
  • Stories: 1
  • Laundry: Dryer, Inside, Washer
  • Flooring: Carpet, Hardwood
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Bathroom: Primary - Stall Shower(s), Shower and Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tar and Gravel
  • Yard/Grounds: Back Yard, Fenced, Sprinklers - Auto

Garage/Parking

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

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

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: 127-03-061
  • Lot Acres: 0.1490
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6490.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6490.00

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 13, 2017
Closed on
Jul 7, 2017
Sold by
Duong Thang T
Bought by
Bao Yingze and Ma Xinjie
Seller's Agent
David Lillo
DPL Real Estate
Buyer's Agent
Cathy Lin
Bay East AOR
List Price
$2,198,000
Sold Price
$2,256,000
Premium/Discount to List
$58,000
2.64%
Current Estimated Value
$4,313,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,057,412
Avg. Annual Appreciation
8.29%
Original Mortgage
$1,579,200
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 9, 2002
Sold by
Hu Sungshun Allen and Chen Pi Chu
Bought by
Duong Thang T and Osborn Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Interest Rate
5%

Purchase Details

Closed on
Nov 24, 1997
Sold by
Pearman Eva
Bought by
Hu Sungshun Allen and Chen Pi Chu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,750
Interest Rate
6.5%

Purchase Details

Closed on
Nov 8, 1996
Sold by
Negus Kevin J and Pearman Eva
Bought by
Pearman Eva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
7.62%
Source: Public Records

Range of Values:

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Average Value
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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
Bao Yingze $2,256,000 Cornerstone Title Company
Duong Thang T $775,000 First American Title Company
Hu Sungshun Allen $497,000 Chicago Title Co
Pearman Eva -- Santa Clara Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bao Yingze $1,449,900
Closed Bao Yingze $1,579,200
Previous Owner Duong Thang T $240,800
Previous Owner Duong Thang T $609,500
Previous Owner Duong Thang T $620,000
Previous Owner Hu Sungshun Allen $340,000
Previous Owner Hu Sungshun Allen $372,750
Previous Owner Pearman Eva $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2017 07/17/17 Sold $2,256,000 +2.6% $1,790 / Sq Ft
06/21/2017 06/21/17 Pending -- -- --
06/13/2017 06/13/17 For Sale $2,198,000 -- $1,744 / 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 $51,500 $4,391,937 $2,389,439 $2,002,498
2024 $51,500 $4,305,822 $2,342,588 $1,963,234
2023 $50,745 $4,221,395 $2,296,655 $1,924,740
2022 $50,164 $4,138,623 $2,251,623 $1,887,000
2021 $49,175 $4,057,474 $2,207,474 $1,850,000
2020 $33,141 $2,734,090 $2,184,840 $549,250
2019 $28,271 $2,301,120 $2,142,000 $159,120
2018 $27,495 $2,256,000 $2,100,000 $156,000
2017 $19,601 $1,583,560 $1,241,780 $341,780
2016 $12,002 $948,178 $474,089 $474,089
2015 $11,881 $933,936 $466,968 $466,968
2014 $11,585 $915,642 $457,821 $457,821
Source: Public Records

Agents Affiliated with this Home

  • David Lillo

    Seller's Agent in 2017

    David Lillo

    DPL Real Estate

    (408) 621-5649

    2 in this area

    540 Total Sales

    David Lillo
    Section Image

  • C

    Buyer's Agent in 2017

    Cathy Lin

    Bay East AOR

See All Agents

Map

Source: MLSListings

MLS Number: ML81655748

MLSListings

APN: 127-03-061

California Santa Clara County Palo Alto 94303 Midtown Palo Alto

923 Moreno Ave, Palo Alto, CA

This home is located at 923 Moreno Ave, Palo Alto, CA 94303 since 13 June 2017 and is currently estimated at $4,313,412, approximately $3,423 per square foot. This property was built in 1954. 923 Moreno Ave is a home located in Santa Clara County with nearby schools including Palo Verde Elementary School, Jane Lathrop Stanford Middle School, and Palo Alto High School.

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