NOT LISTED FOR SALE

Estimated Value: $7,688,000 - $12,909,869

6 Beds
8 Baths
6,828 Sq Ft
$1,582/Sq Ft Est. Value

Last Sold May 12, 2022

Last sale price $13,800,000 $2,021 Per Sq Ft

Est. 22% decrease in value since last sale

Current estimated payment $70,003/month

7 Days on Market

Highlights

  • Art Studio
  • Wine Cellar
  • Primary Bedroom Suite
  • Addison Elementary School Rated A+
  • Private Pool
  • Fireplace in Primary Bedroom

About This Home

As of May 2022

Spectacular and rarely available custom-built estate in a prime location in Crescent Park four blocks from downtown. With 6,828 Sqft on a 1/3-acre lot it is one of the largest properties in Palo Alto. The sophisticated and elegant design with open floor plan, carefully chosen luxury materials and picturesque setting make this home an exceptionally rare opportunity for today's most discerning buyers. The home features 6 bedrooms, 6 full baths and 2 half baths, A central foyer leads to multiple living areas, grand living room, formal dining room, spacious family room, chef's kitchen, a luxurious primary bedroom, office, fitness center, recreation room and game area. The resort like backyard features a pool, spa, outside kitchen/barbecue and a pool room with full bath. The grand style of the house, together with the beautiful grounds and inviting resort style pool create a serene, stunning property. Close to downtown, Stanford University. Buyers to verify sqft. Outstanding P.A Schools.

Last Agent to Sell the Property

Samia Cullen

Golden Gate Sotheby's International Realty License #01180821 Listed on: 04/24/2022

Golden Gate Sotheby's International Realty

Last Buyer's Agent

Catherine Qian

Compass License #01276431

Compass

Home Details

Home Type

  • Single Family

Year Built

  • 1998

Lot Details

  • 0.33 Acre Lot
  • Wood Fence
  • Sprinklers on Timer
  • Back Yard

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 6,828 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Entertainment System
  • Vaulted Ceiling
  • Skylights
  • Fireplace With Gas Starter
  • Mud Room
  • Formal Entry
  • Wine Cellar
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Recreation Room
  • Bonus Room
  • Art Studio
  • Storage Room
  • Utility Room
  • Attic
  • Finished Basement

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Gas Oven
  • Range Hood
  • Dishwasher
  • Kitchen Island
  • Stone Countertops

Flooring

  • Wood
  • Carpet
  • Stone
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • Marble Bathroom Countertops
  • Stone Countertops In Bathroom
  • Dual Sinks
  • Soaking Tub in Primary Bathroom
  • Bathtub with Shower
  • Oversized Bathtub in Primary Bathroom
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer

Parking

  • 2 Parking Spaces
  • Electric Vehicle Home Charger
  • Electric Gate
  • On-Street Parking
  • Off-Street Parking

Pool

  • Private Pool
  • Outside Bathroom Access

Outdoor Features

  • Balcony
  • Deck
  • Barbecue Area

Utilities

  • Forced Air Heating and Cooling System

Home Details

Home Type

Single Family

Year Built

1998

Lot Details

0

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Style: Traditional
  • Listing Class: Residential
  • Structure Sq Ft: 6828
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1998

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Gas Starter, Living Room, Primary Bedroom
  • Dining Room: Breakfast Bar, Breakfast Nook, Formal Dining Room
  • Kitchen: Countertop - Stone, Dishwasher, Hood Over Range, Island, Oven Range - Built-In, Gas, Oven Range - Gas, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 6828
  • Stories: 2
  • Bedrooms: Ground Floor Bedroom, More Than One Primary Bedroom, Primary Suite / Retreat, Walk-In Closet
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Hardwood, Marble, Stone, Tile, Wood
  • Additional Rooms: Artist Studio, Attic, Basement - Finished, Bonus / Hobby Room, Den / Study / Office, Formal Entry, Laundry Room, Mud Room, Office Area, Recreation Room, Storage, Utility Room, Wine Cellar / Storage
  • Fireplaces Min: 3
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Bathroom: Double Sinks, Full On Ground Floor, Half On Ground Floor, Marble, Outside Access, Primary - Oversized Tub, Primary - Stall Shower(s), Showers Over Tubs - 2+, Stone, Tile

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Pool Description: Yes
  • Roof: Shingle
  • Yard/Grounds: Back Yard, Balcony / Patio, Bbq Area, Deck, Fenced, Sprinklers - Auto, Sprinklers - Lawn
  • Fencing: Wood
  • Pool: Pool - Cover, Pool - Heated, Pool - In Ground, Spa - Cover
  • Construction Type: Wood

Garage/Parking

  • Parking Spaces: 2
  • Garage Parking Features: Electric Car Hookup, Electric Gate, Off-Street Parking, On Street, Parking Restrictions

Utilities

  • Cooling System: Central Ac
  • Heating System: Forced Air
  • Sewer/Septic System: Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Built-In Vacuum, High Ceiling, Skylight, Vaulted Ceiling, Video / Audio System, Walk-In Closet, Wet Bar

Lot Info

  • Lot Acres: 0.3289
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 14326.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 14326.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 13, 2012
Sold by
Kelly Bryan F and White Emily C
Bought by
Li Ping and Li Kim
Current Estimated Value
$10,800,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Outstanding Balance
$734,814
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$10,065,809

Purchase Details

Closed on
Dec 22, 2010
Sold by
White Emily and Kelly Bryan
Bought by
Kelly Bryan F and White Emily C

Purchase Details

Closed on
Oct 15, 2009
Sold by
Flatley James J and Flatley Kathleen A
Bought by
White Emily and Kelly Bryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2006
Sold by
Flatley James J and Flatley Kathleen A
Bought by
Flatley James J and Flatley Kathleen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,600,000
Interest Rate
8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 20, 2005
Sold by
Flatley James J and Flatley Kathleen A
Bought by
Flatley James J and Flatley Kathleen A

Purchase Details

Closed on
Sep 10, 1999
Sold by
Jon Schink and Elizabeth Trailer
Bought by
Flatley James F and Flatley Kathleen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,900,000
Interest Rate
3.95%

Purchase Details

Closed on
Aug 5, 1997
Sold by
King Charles M
Bought by
Schink Jon and Trailer Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,150,000
Interest Rate
7.61%

Purchase Details

Closed on
Feb 7, 1997
Sold by
Pilling John M and Pilling Marie L
Bought by
Pilling Carol Ann and Pilling Michael T

Purchase Details

Closed on
Mar 15, 1996
Sold by
Pilling John M and Pilling Marie L
Bought by
Pilling Carol Ann and Pilling Michael T

Purchase Details

Closed on
Nov 18, 1994
Sold by
Pilling John M and Pilling Marie L
Bought by
Pilling John M and Pilling Marie L

Purchase Details

Closed on
Nov 22, 1993
Sold by
King Charles M
Bought by
King Charles M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
6.74%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Li Ping $8,749,750 First American Title Company
Kelly Bryan F -- None Available
White Emily -- First American Title Company
Flatley James J -- None Available
Flatley James J -- United General Title Ins Co
Flatley James J -- --
Flatley James F -- First American Title Guarant
Schink Jon $998,000 Fidelity National Title Co
Pilling Carol Ann -- --
Pilling Carol Ann -- --
Pilling John M -- --
King Charles M -- North American Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Ping $1,100,000
Previous Owner White Emily $1,000,000
Previous Owner Flatley James J $3,600,000
Previous Owner Flatley James F $1,900,000
Previous Owner Schink Jon $1,150,000
Previous Owner King Charles M $198,000
Closed Schink Jon $220,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2022 05/12/22 Sold $13,800,000 -1.4% $2,021 / Sq Ft
05/02/2022 05/02/22 Pending -- -- --
04/24/2022 04/24/22 For Sale $13,995,000 -- $2,050 / 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 $162,992 $14,200,000 $9,100,000 $5,100,000
2024 $162,992 $13,800,000 $8,800,000 $5,000,000
2023 $163,808 $14,076,000 $8,976,000 $5,100,000
2022 $123,020 $10,258,595 $6,614,294 $3,644,301
2021 $120,601 $10,057,447 $6,484,602 $3,572,845
2020 $118,052 $9,954,321 $6,418,111 $3,536,210
2019 $116,768 $9,759,139 $6,292,266 $3,466,873
2018 $113,492 $9,567,785 $6,168,889 $3,398,896
2017 $110,372 $9,284,104 $6,047,931 $3,236,173
2016 $107,501 $9,102,064 $5,929,345 $3,172,719
2015 $106,479 $8,965,343 $5,840,281 $3,125,062
2014 $104,656 $8,789,725 $5,725,878 $3,063,847
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81888434

MLSListings

APN: 003-04-037