NOT LISTED FOR SALE

928 Laurel Glen Dr Palo Alto, CA 94304

Estimated Value: $6,686,000 - $18,247,303

5 Beds
5.5 Baths
14,000 Sq Ft
$890/Sq Ft Est. Value

Last Sold November 09, 2020

Last sale price $16,000,000 $1,143 Per Sq Ft

Est. 22% decrease in value since last sale

Current estimated payment $82,084/month

31 Days on Market

Highlights

  • Private Pool
  • Fireplace in Primary Bedroom
  • 6 Car Attached Garage
  • Lucille M. Nixon Elementary School Rated A+
  • Formal Dining Room
  • Guest Parking

About This Home

As of November 2020

Tucked away in the Palo Alto Hills, home to some of the most influential business leaders, sits a sprawling 14K+/- sqft. ultimate retreat with nature views from Arastradero & Foothills Park, to the skyline of San Francisco & beyond. Showcasing one-of-a-kind, hand-curated, state-of-the art elements, this striking residence embodies a union of modern influence & global-inspired culture, art, textures & materials. Honoring the 2.45 acre landscape, natural materials like rare woods & Kashmiri stone were selected to create synergy between artfully appointed interior & unobstructed views. Soaring 20-ft. ceilings frame mahogany-trimmed windows inviting abundant natural light & views from exceptionally designed & expansive living spaces. Custom infinity pool overlooking stunning vistas, outdoor cabana with master chef kitchen & bath. Inside the community is the exclusive Palo Alto Hills Country Club, adding next-level luxury to the extraordinary lifestyle one will experience in this home.

Last Agent to Sell the Property

Caroline Huo

KW Advisors License #01419566 Listed on: 09/25/2020

KW Advisors

Last Buyer's Agent

Michael Dreyfus

Golden Gate Sotheby's International Realty License #01121795

Golden Gate Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $200,420

Year Built

  • 1993

Lot Details

  • 2.45

Parking

  • 6 Car Attached Garage
  • Guest Parking

Home Design

  • Slab Foundation
  • Concrete Roof

Interior Spaces

  • 14,000 Sq Ft Home
  • 2-Story Property
  • Two Way Fireplace
  • Family Room with Fireplace
  • 5 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Alarm System
  • Washer and Dryer

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom

Additional Features

  • Private Pool
  • 2.45 Acre Lot
  • Forced Air Zoned Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$200,420

Year Built

1993

Lot Details

0

Parking

6

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Age: 27
  • Listing Class: Residential
  • Structure Sq Ft: 14000
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1993

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Dual See Thru, Family Room, Living Room, Primary Bedroom
  • Dining Room: Formal Dining Room
  • Fireplace: Yes
  • Living Sq Ft: 14000
  • Stories: 2
  • Security: Security Alarm
  • Laundry: Washer / Dryer
  • Fireplaces Min: 5
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Yes
  • Roof: Concrete
  • Pool: Pool - In Ground, Spa - In Ground

Garage/Parking

  • Garage Spaces: 6
  • Garage Max: 6
  • Garage Min: 6
  • Garage Parking Features: Attached Garage, Guest / Visitor Parking

Utilities

  • Cooling System: Central Ac, Multi-Zone
  • Heating System: Forced Air, Heating - 2+ Zones
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Palo Alto Unified

Lot Info

  • Lot Acres: 2.4539
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 106894.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 106894.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2020
Closed on
Oct 30, 2020
Sold by
Altman Vernon E and Altman Mary Lee
Bought by
Vecino Anthony P
Seller's Agent
Caroline Huo
KW Advisors
Buyer's Agent
Michael Dreyfus
Golden Gate Sotheby's International Realty
List Price
$18,500,000
Sold Price
$16,000,000
Premium/Discount to List
-$2,500,000
-13.51%
Current Estimated Value
$12,466,652

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,533,348
Avg. Annual Appreciation
-4.95%
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
Vecino Anthony P $16,000,000 First American Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/09/2020 11/09/20 Sold $16,000,000 -13.5% $1,143 / Sq Ft
10/27/2020 10/27/20 Pending -- -- --
09/25/2020 09/25/20 For Sale $18,500,000 -- $1,321 / 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 $200,420 $17,318,913 $11,906,753 $5,412,160
2024 $200,420 $16,979,328 $11,673,288 $5,306,040
2023 $197,500 $16,646,400 $11,444,400 $5,202,000
2022 $195,272 $16,320,000 $11,220,000 $5,100,000
2021 $191,435 $16,000,000 $11,000,000 $5,000,000
2020 $30,113 $2,476,016 $766,433 $1,709,583
2019 $29,782 $2,427,467 $751,405 $1,676,062
2018 $28,965 $2,379,871 $736,672 $1,643,199
2017 $28,457 $2,333,208 $722,228 $1,610,980
2016 $27,712 $2,287,460 $708,067 $1,579,393
2015 $27,443 $2,253,102 $697,432 $1,555,670
2014 $26,896 $2,208,968 $683,771 $1,525,197
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81812775

MLSListings

APN: 182-54-005