NOT LISTED FOR SALE

931 Laurel Glen Dr Palo Alto, CA 94304

Estimated Value: $8,449,000 - $9,558,000

6 Beds
6.5 Baths
7,555 Sq Ft
$1,171/Sq Ft Est. Value

Last Sold February 06, 2019

Last sale price $6,800,000 $900 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $53,806/month

122 Days on Market

Highlights

  • Water Views
  • Wine Cellar
  • Deck
  • Lucille M. Nixon Elementary School Rated A+
  • Primary Bedroom Suite
  • Recreation Room

About This Home

As of February 2019

Offering a rare balance of close-in convenience and secluded privacy, this gorgeous 6-bedroom, 6.5-bath estate is as suited to hosting grand affairs as it is to comfortable everyday living. This striking 7,555sf residence is situated on a 4.51 acre lot, one of the largest parcels in the City. It offers indoor-outdoor living at its best with sweeping views of the Palo Alto Hills and Peninsula, and balances close-in convenience with a private setting. Spectacular views from the master suite and living areas. Au pair suite, separate workshop and hobby room plus generous storage and oversized 3 car garage. Multiple patios, ideal for al fresco entertaining on any scale. Two outbuilding add additional storage. Palo Alto Schools and convenient access to Hwy 280.

Last Agent to Sell the Property

Derk T. Brill

Compass License #01256035 Listed on: 09/13/2018

Compass

Last Buyer's Agent

Kuljeet Kalkat

Intero Real Estate Services License #01978629

Intero Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $89,014

Year Built

  • Built in 1987

Lot Details

  • 4.52 Acre Lot
  • Sprinklers on Timer
  • Zoning described as OS

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Guest Parking
  • Off-Street Parking

Property Views

  • Water
  • City Lights
  • Golf Course
  • Canyon
  • Mountain
  • Hills
  • Forest

Home Design

  • Modern Architecture
  • Pillar, Post or Pier Foundation
  • Metal Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 7,555 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Beamed Ceilings
  • Vaulted Ceiling
  • Skylights
  • 4 Fireplaces
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Bay Window
  • Wine Cellar
  • Formal Dining Room
  • Den
  • Library
  • Recreation Room
  • Bonus Room
  • Workshop
  • Finished Basement

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Built-In Double Oven
  • Gas Cooktop
  • Range Hood
  • Freezer
  • Plumbed For Ice Maker
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Carpet
  • Stone
  • Slate Flooring

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • Remodeled Bathroom
  • Stone Countertops In Bathroom
  • Dual Sinks
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Balcony
  • Deck
  • Outdoor Kitchen
  • Shed
  • Barbecue Area

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Courtyard
  • Security Service

Listing and Financial Details

  • Assessor Parcel Number 182-54-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$89,014

Year Built

Built in 1987

Lot Details

0

Parking

3

Listing Details

  • Subclass: Single Family Home
  • Style: Modern / High Tech
  • Age: 31
  • Listing Class: Residential
  • Structure Sq Ft: 7555
  • Incorporated: Yes
  • Year Built: 1987
  • Zoning Description: OS
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Starter, Wood Burning
  • Dining Room: Dining Bar, Formal Dining Room
  • Kitchen: Cooktop - Gas, Dishwasher, Freezer, Garbage Disposal, Hood Over Range, Hookups - Gas, Hookups - Ice Maker, Oven - Built-In, Oven - Double, Refrigerator, Trash Compactor
  • Living Sq Ft: 7555
  • Stories: 2
  • Security: Security Service
  • Bedrooms: Ground Floor Bedroom, Primary Suite / Retreat, More than One Primary Bedroom, Walk-in Closet
  • Laundry: In Utility Room, Inside, Washer / Dryer
  • Flooring: Carpet, Slate, Stone
  • Additional Rooms: Basement - Finished, Basement - Unfinished, Bonus / Hobby Room, Den / Study / Office, Laundry Room, Library, Recreation Room, Wine Cellar / Storage, Workshop
  • Fireplaces Min: 4
  • Maximum Numberof Bedrooms: 6
  • Minimum Numberof Bedrooms: 6
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Bathroom: Double Sinks, Primary - Stall Shower(s), Stone, Tub in Primary Bedroom, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab, Pillars / Posts / Piers
  • Roof: Metal
  • View: Canyon, City Lights, Forest / Woods, Golf Course, Hills, Mountains, Water
  • Yard/Grounds: Balcony / Patio, BBQ Area, Courtyard, Deck, Outdoor Kitchen, Sprinklers - Auto, Storage Shed / Structure

Garage/Parking

  • Garage Spaces: 3
  • Garage Max: 3
  • Garage Min: 3
  • Garage Parking Features: Attached Garage, Gate / Door Opener, Guest / Visitor Parking, Off-Street Parking

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Bay Window, Built-in Vacuum, High Ceiling, Open Beam Ceiling, Skylight, Vaulted Ceiling, Walk-in Closet, Wet Bar

Schools

  • School District: Palo Alto Unified
  • Elementary School: Juana Briones Elementary
  • Middle School: Ellen Fletcher Middle
  • High School: Henry M. Gunn High
  • High School: 325
  • Elementary School: 317
  • Middle School: 323

Lot Info

  • Parcel Number: 182-54-012
  • Lot Acres: 4.5184
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 196822.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 196822.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Juana Briones Elementary
  • High School Text: Henry M. Gunn High
  • Middle School Text: Ellen Fletcher Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2018
Closed on
Jan 29, 2019
Sold by
Steyer Hume R
Bought by
Sheth Beerud and Sheth Nipa
Seller's Agent
Derk T. Brill
Compass
Buyer's Agent
Kuljeet Kalkat
Intero Real Estate Services
List Price
$6,995,000
Sold Price
$6,800,000
Premium/Discount to List
-$195,000
-2.79%
Current Estimated Value
$8,844,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,044,954
Avg. Annual Appreciation
4.01%
Original Mortgage
$4,000,000
Outstanding Balance
$3,401,300
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$5,443,654

Purchase Details

Closed on
Nov 23, 2011
Sold by
Schoendorf Joseph P and Schoendorf Nancy J
Bought by
Schoendorf Nancy J
Source: Public Records

Range of Values:

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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
Sheth Beerud $6,800,000 Chicago Title Co
Schoendorf Nancy J -- None Available
Schoendorf Joseph P -- None Available
Steyer Hume R -- None Available
Steyer Hume R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sheth Beerud $4,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/06/2019 02/06/19 Sold $6,800,000 -2.8% $900 / Sq Ft
01/14/2019 01/14/19 Pending -- -- --
10/23/2018 10/23/18 For Sale $6,995,000 0.0% $926 / Sq Ft
10/22/2018 10/22/18 Pending -- -- --
09/13/2018 09/13/18 For Sale $6,995,000 -- $926 / 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 $89,014 $7,585,524 $6,023,800 $1,561,724
2024 $89,014 $7,436,789 $5,905,687 $1,531,102
2023 $87,082 $7,290,971 $5,789,890 $1,501,081
2022 $86,093 $7,148,012 $5,676,363 $1,471,649
2021 $84,401 $7,007,856 $5,565,062 $1,442,794
2020 $82,725 $6,936,000 $5,508,000 $1,428,000
2019 $27,721 $2,246,383 $857,951 $1,388,432
2018 $26,885 $2,202,337 $841,129 $1,361,208
2017 $26,414 $2,159,155 $824,637 $1,334,518
2016 $25,722 $2,116,819 $808,468 $1,308,351
2015 $25,472 $2,085,024 $796,325 $1,288,699
2014 $24,957 $2,044,183 $780,727 $1,263,456
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81723221

MLSListings

APN: 182-54-012